Tags: annual recurring revenue

Replit announced a $400 million Series D funding round that lifts its valuation to $9 billion. The round was led by Georgian Partners and included investors such as G Squared, Prysm Capital, Coatue, Andreessen Horowitz, Craft Ventures, Y Combinator, Accenture Ventures, Okta Ventures, and Databricks Ventures. Founder and CEO Amjad Masad noted additional backing from angel investors Shaquille O’Neal and Jared Leto. The new capital follows a previous $250 million raise that pushed the company’s valuation to $3 billion and placed its annualized revenue on track for $150 million, with a goal of $1 billion in annual recurring revenue by year‑end. Lire la suite

Micro1, a fast‑growing AI‑data startup, announced that its annual recurring revenue has surpassed $100 million, up from roughly $7 million two years earlier. The company, which supplies human‑expert data to major AI labs and Fortune 100 firms, says the surge is driven by growing demand for evaluation and training data in large‑language‑model development. Micro1 is also targeting two emerging markets—enterprise AI agents and robotics pre‑training—where it plans to provide large‑scale human‑generated datasets. The firm recently closed a $35 million Series A round, valuing it at $500 million. Lire la suite