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Ai21 Completes $208 Million Oversubscribed Series C Round

RECENTLY ACQUIREDNov 21, 2023

Amount Raised

$208 Million

Round Type

Series C

Software Development

Investors

Comcast VenturesIntel Capital

Description

AI21, a leader in AI systems for enterprise, announced today the completion of its $208 million Series C funding at a valuation of $1.4 billion. Participation from additional new investors includes Intel Capital, the venture capital arm of Intel Corporation, and Comcast Ventures, the venture capital arm of Comcast Corporation, which joined previously announced investors. This new round of funding brings the company's total capital raised to $336 million, accelerating AI21's purpose-driven approach in the era of AI-first enterprises.

Quick answer

AI21 Labs raised $208 Million in a Series C round, dated November 21, 2023. Investors: Comcast Ventures and Intel Capital.

How much did AI21 Labs raise?
AI21 Labs raised $208 Million in a Series C round on November 21, 2023.
Who invested in AI21 Labs?
Comcast Ventures and Intel Capital are named as investors in this round.
What does AI21 Labs do?
AI21 Labs is an artificial intelligence startup whose mission is to reimagine the way we read and write by making the machine a thought partner to humans.
Who are the decision-makers at AI21 Labs?
Fundz holds 3 contacts at AI21 Labs, including the HR Business Partner. Names and contact details are shown to Fundz members.

Source: Fundz verified event record.

Who else raised in Software Development around the same time

Companies in the same sectors as AI21 Labs that raised within 45 days of this round, from Fundz verified event records.

  • Eventus Systems raised $5.3M on January 5, 2024.
  • 98POINT6 raised $1.4M (Seed) on January 5, 2024.
  • GreenSpark Software raised $13M on January 5, 2024.
  • WISe.ART raised an undisclosed amount on January 2, 2024.
  • Topia raised $15M on January 2, 2024.
  • Topia raised $9.3M on January 2, 2024.

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Company Information

Company

AI21 Labs

About

AI21 Labs is an artificial intelligence startup whose mission is to reimagine the way we read and write by making the machine a thought partner to humans. The company has built state of the art language models that are publicly available via AI21 Studio. Wordtune, AI21's premier product, is the first AI-based writing companion that understands context and meaning. The company was founded in 2017 by AI pioneers Yoav Shoham, Ori Goshen, and Amnon Shashua. The company's headquarters are in Tel Aviv, Israel. For more information, visit: www.ai21.com

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Related People

3 contacts
Verified contactsTal E., HR Business Partner hidden hiddenSee plans and pricing
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AI21 Labs raised. Fundz records a round at a median of 3.6 minutes from the SEC filing, with the decision-maker attached.

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Fundz is a real-time business intelligence platform powered by agentic AI that proactively delivers personalized daily signals, including funding rounds, executive changes, M&A activity, 13F institutional filings, SEC 8-K events, investor activity, and website modifications, based on each user's watchlist and ICP. A trusted data source at firms such as BlackRock, Oracle, Kleiner Perkins, LinkedIn, HubSpot, and Cloudflare, Fundz democratizes the institutional-grade intelligence that previously required a PitchBook or Bloomberg terminal. Features include Daily Briefing for AI-powered daily briefings, and unified cross-signal alerts across 281,000+ organizations. Developers and data teams can access these signals programmatically via the Fundz Funding Data API, with transparent published pricing.