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Arena raises $200M Series B at $3.1B valuation led by Lightspeed and Khosla. The AI leaderboard platform nearly doubles valuation in 10 months.
Amount Raised
$200 Million
Round Type
Series B
BrazilSoftwareConsumer GoodsInvestors
Description
Arena, an AI model leaderboard platform originating from UC Berkeley, raised $200 million in Series B funding at a $3.1 billion valuation. The round was led by Lightspeed Venture Partners and Khosla Ventures, with participation from Salesforce Ventures, a16z, Felicis, and others. Arena achieved $100 million in annualized run-rate revenue by June 2026. The company's valuation has nearly doubled since its $150 million Series A in January at $1.7 billion post-money valuation.
Fundz sees it the moment Arena raises, hires an exec or expands, usually minutes after it happens, and tells you who to reach.
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Funding Insights
What this usually meansArena raised. Fundz records a round at a median of 3.6 minutes from the SEC filing, with the decision-maker attached.
145 of these a day, filtered to the companies you pick, with the decision-maker attached.
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