North Island Ventures

Venture capital firm

Portfolio

2 total

Venice AI Nous Research

Co-Investors

11

Balaji Srinivasan · 1 shared Delphi Ventures · 1 shared OSS Capital · 1 shared Paradigm · 1 shared Robot Ventures · 1 shared USV · 1 shared Archetype · 1 shared Coinbase Ventures · 1 shared Dragonfly Capital · 1 shared Liquid 2 Ventures · 1 shared Morgan Creek Digital · 1 shared

Latest Pulse

Jul 1, 2026Venice AI Becomes a Unicorn With $65M Series A as Its Privacy-First Platform Takes OffVenice AI closed a $65 million Series A on July 1 at a $1 billion valuation, led by crypto-focused VC firm Dragonfly with Coinbase Ventures and North Island Ventures participating. The platform aggregates access to 200+ AI models with client-side encryption and no server-side data storage, and says it's already profitable at more than $70 million in annualized revenue with 3 million active users.→
Jul 1, 2026Venice AI Becomes a Unicorn With $65M Series A as Its Privacy-First Platform Takes OffVenice AI, the privacy-first generative AI platform founded by Erik Voorhees, closed its first-ever external raise on July 1: a $65 million Series A at a $1 billion valuation, led by crypto-focused firm Dragonfly with Coinbase Ventures and North Island Ventures participating. The company is already profitable, with annualized run-rate revenue above $70 million and 3 million-plus active users.→

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