Top 9 US AI Startups Securing Over $100M in Funding by 2025
Last year marked a significant milestone for the AI industry in the U.S. and globally, with numerous startups attracting substantial funding. As we move into 2025, early indicators suggest that the momentum continues, with several U.S. AI companies already raising impressive sums.
2024: A Record-Breaking Year for AI Startups
In 2024, TechCrunch reported that 49 AI startups successfully secured funding rounds exceeding $100 million. Notably, three companies achieved more than one “mega-round,” while seven startups raised over $1 billion each. This trend sets a strong precedent for the current year.
Current Trends in AI Funding for 2025
As we enter 2025, the funding landscape for U.S. AI companies remains vibrant. Already, almost ten companies have raised more than $100 million, and one round has surpassed the $1 billion mark. Below is a summary of the key funding events so far this year:
Major AI Funding Rounds in 2025
March Highlights
- Anthropic: This AI research firm raised an impressive $3.5 billion in a Series E round, achieving a valuation of $61.5 billion. The round was announced on March 3 and led by Lightspeed, with notable participation from Salesforce Ventures, Menlo Ventures, and General Catalyst.
February Highlights
- Together AI: Focused on open-source generative AI, the company raised $305 million in a Series B round, valuing it at $3.3 billion.
- Lambda: This AI infrastructure company announced a $480 million Series D funding round on February 19, bringing its valuation to nearly $2.5 billion.
- Abridge: Based in Pittsburgh, this AI platform that transcribes patient-clinician conversations raised $250 million in a Series D round, achieving a valuation of $2.75 billion.
- Eudia: An AI legal tech company, raised $105 million in a Series A round, led by General Catalyst.
- EnCharge AI: This AI hardware startup secured $100 million in Series B funding, led by Tiger Global.
- Harvey: Another AI legal tech firm, raised $300 million in a Series D round, achieving a valuation of $3 billion.
January Highlights
- ElevenLabs: Specializing in synthetic voice technology, ElevenLabs raised $180 million in a Series C round, achieving a valuation of over $3 billion.
- Hippocratic AI: This company, which develops large language models for healthcare, announced a $141 million Series B round, valuing it at more than $1.6 billion.
The ongoing investment in the AI sector reflects a robust demand for innovation and development. As these companies continue to evolve, they are set to play a pivotal role in shaping the future of technology.
For more insights on the AI industry’s growth, visit TechCrunch or explore our internal resources on AI startups and investment trends.
