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Scale AI Raises $1B Series F at $13.8B Post-Money Valuation

PRIVATEMay 21, 2024

Round Type

Series F

San FranciscoArtificial IntelligenceAnalyticsMachine Learning

Investors

Greenoaks CapitalCoatueWellington ManagementFounders FundAmazonMetaCisco InvestmentsDFJ GrowthIntel CapitalServicenow VenturesAMD VenturesWCM Investment ManagementY CombinatorIndex VenturesThrive CapitalSpark CapitalTiger GlobalAccel

Description

Scale AI raised $1 billion in a Series F round led by Accel that values the data labeling and AI evaluation company at $13.8 billion post-money. New investors included Amazon, Meta Platforms, Cisco Investments, DFJ Growth, Intel Capital, ServiceNow Ventures, AMD Ventures, and WCM Investment Management. Existing investors that participated included Y Combinator, Index Ventures, Founders Fund, Coatue, Thrive Capital, Spark Capital, Tiger Global, Greenoaks Capital, and Wellington Management.

Quick answer

Scale AI raised an undisclosed amount in a Series F round, dated May 21, 2024. Investors: Greenoaks Capital, Coatue, Wellington Management, Founders Fund, Amazon, Meta, Cisco Investments and DFJ Growth. Scale AI is based in San Francisco, California, United States.

How much did Scale AI raise?
Scale AI raised an undisclosed amount in a Series F round on May 21, 2024.
Who invested in Scale AI?
Greenoaks Capital, Coatue, Wellington Management, Founders Fund, Amazon, Meta, Cisco Investments and DFJ Growth are named as investors in this round.
What does Scale AI do?
Scale AI, Inc. is a data platform that enhances the development of artificial intelligence through high-quality labeled data.
Where is Scale AI based and how big is it?
Scale AI is based in San Francisco, California, United States. Fundz records about 900 employees.
Who are the decision-makers at Scale AI?
Fundz holds 1 contact at Scale AI, including the SVP, Data Science, Engineering, Technology & Systems. Names and contact details are shown to Fundz members.

Source: Fundz verified event record.

Who else raised in Analytics and Artificial Intelligence around the same time

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

  • Clay raised $63M (Series B) on July 2, 2024.
  • Vizzu raised $1.5M (Seed) on June 27, 2024.
  • Ability.ai raised $1.1M (Pre-Seed) on June 25, 2024.
  • SoSoValue raised $4.2M (Seed) on June 23, 2024.
  • Rivia raised $3.2M (Seed) on June 12, 2024.
  • Brightwave raised $6M (Seed) on June 11, 2024.

Who to call at Scale AI, and when

A new round usually means Scale AI is about to hire and buy. The teams that reach out first get the meeting.

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  • Who you already know at Scale AI, from your own LinkedIn network

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Company Information

Company

Scale AI

Location

San Francisco, California, United States

About

Scale AI, Inc. is a data platform that enhances the development of artificial intelligence through high-quality labeled data. Founded in 2016, it serves major clients including well-known tech giants. The company aims to accelerate the adoption of AI by providing necessary data services.

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Related People

1 contact
Verified contactsMalek A., SVP, Data Science, Engineering, Technol… hiddenSee plans and pricing
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