Scale AI was founded in 2016 by Alexandr Wang and Lucy Guo. Scale AI has not publicly endorsed a plan to participate in an IPO.
Scale AI is a developer of an interfacing platform that collects and converts image data into text for artificial intelligence applications. Per Forge data, Scale AI has raised $1.6 billion in funding over 8 rounds. Their latest funding was raised on May 21, 2024. Key investors include Tiger Global Management, Greenoaks, Dragoneer Investment Group, and Founders Fund.
These comments should not be interpreted to mean that the company is formally pursuing or foregoing an IPO.
Funding Date | Share Class | Amount Raised | Price per Share | Post-Money Valuation | Key Investors | |
---|---|---|---|---|---|---|
05/21/2024 | Series F | $900MM | $xx.xx | $13.8B | Accel, Y Combinator, Nat Friedman, Index Ventures, Founders Fund, Coatue, Thrive Capital, Spark Capital, NVIDIA, Tiger Global Management, Greenoaks, Wellington Management, Cisco Investments, DFJ Growth, Intel Capital, ServiceNow Ventures, AMD Ventures, WCM, Amazon, Elad Gil, Meta | |
Price per Share
$xx.xx
Shares Outstanding
61,874,789
Liquidation Pref Order
1
Liquidation Pref As Multiplier
1.0x
Conversion Ratio
1.0x
Dividend Rate
8.0%
Cumulative
Non-cumulative
Participating
Non-participating
Participation Cap
N/A
Key Investors
Accel, Y Combinator, Nat Friedman, Index Ventures, Founders Fund, Coatue, Thrive Capital, Spark Capital, NVIDIA, Tiger Global Management, Greenoaks, Wellington Management, Cisco Investments, DFJ Growth, Intel Capital, ServiceNow Ventures, AMD Ventures, WCM, Amazon, Elad Gil, Meta
|
||||||
04/13/2021 | Series E | $325MM | $xx.xx | $7.3B | Dragoneer, Greekoaks Capital, Tiger Global Management, Wellington Management, Durable Capital, Coatue, Index, Founders Fund, Y Combinator | |
Price per Share
$xx.xx
Shares Outstanding
34,691,825
Liquidation Pref Order
1
Liquidation Pref As Multiplier
1.0x
Conversion Ratio
1.0x
Dividend Rate
8.0%
Cumulative
Non-cumulative
Participating
Non-participating
Participation Cap
N/A
Key Investors
Dragoneer, Greekoaks Capital, Tiger Global Management, Wellington Management, Durable Capital, Coatue, Index, Founders Fund, Y Combinator
|
||||||
12/01/2020 | Series D | $154.74MM | $xx.xx | $3.5B | Tiger Global Management | |
Price per Share
$xx.xx
Shares Outstanding
32,234,133
Liquidation Pref Order
1
Liquidation Pref As Multiplier
1.0x
Conversion Ratio
1.0x
Dividend Rate
8.0%
Cumulative
Non-cumulative
Participating
Non-participating
Participation Cap
N/A
Key Investors
Tiger Global Management
|
||||||
08/05/2019 | Series C | $101.24MM | $xx.xx | $1B | Founders Fund, Accel, Coatue Management, Index Ventures, Spark Capital, Thrive Capital, Kevin Systrom, Mike Krieger, Adam d'Angelo | |
Price per Share
$xx.xx
Shares Outstanding
69,530,349
Liquidation Pref Order
1
Liquidation Pref As Multiplier
1.0x
Conversion Ratio
1.0x
Dividend Rate
8.0%
Cumulative
Non-cumulative
Participating
Non-participating
Participation Cap
N/A
Key Investors
Founders Fund, Accel, Coatue Management, Index Ventures, Spark Capital, Thrive Capital, Kevin Systrom, Mike Krieger, Adam d'Angelo
|
||||||
08/17/2018 | Series B | $18MM | $xx.xx | $93.47MM | Index Ventures, Accel, Y Combinator | |
Price per Share
$xx.xx
Shares Outstanding
114,443,040
Liquidation Pref Order
1
Liquidation Pref As Multiplier
1.0x
Conversion Ratio
1.0x
Dividend Rate
8.0%
Cumulative
Non-cumulative
Participating
Non-participating
Participation Cap
N/A
Key Investors
Index Ventures, Accel, Y Combinator
|
||||||
07/16/2017 | Series Safe-2 | $99,998 | $xx.xx | $1.68MM | Y Combinator | |
Price per Share
$xx.xx
Shares Outstanding
3,251,460
Liquidation Pref Order
1
Liquidation Pref As Multiplier
1.0x
Conversion Ratio
1.0x
Dividend Rate
8.0%
Cumulative
Non-cumulative
Participating
Non-participating
Participation Cap
N/A
Key Investors
Y Combinator
|
||||||
07/16/2017 | Series Safe-1 | $99,996 | $xx.xx | $1.68MM | Y Combinator | |
Price per Share
$xx.xx
Shares Outstanding
10,383,840
Liquidation Pref Order
1
Liquidation Pref As Multiplier
1.0x
Conversion Ratio
1.0x
Dividend Rate
8.0%
Cumulative
Non-cumulative
Participating
Non-participating
Participation Cap
N/A
Key Investors
Y Combinator
|
||||||
07/16/2017 | Series A | $4.5MM | $xx.xx | $14.12MM | Accel | |
Price per Share
$xx.xx
Shares Outstanding
139,349,100
Liquidation Pref Order
1
Liquidation Pref As Multiplier
1.0x
Conversion Ratio
1.0x
Dividend Rate
8.0%
Cumulative
Non-cumulative
Participating
Non-participating
Participation Cap
N/A
Key Investors
Accel
|