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Scale AI was founded in 2016 by Alexandr Wang and Lucy Guo. When asked about the possibility of an IPO, CEO Wang told Fortune magazine that "there are no current timelines or current plans" but "we are always paying attention to the market." These comments should not be interpreted to mean that the company is formally pursuing or foregoing an IPO.
Scale AI is the developer of an interfacing platform that collects and converts image data into text for the purpose of training artificial intelligence applications. In 2021 the company acquired SiaSearch, a data management platform designed to maximize the effectiveness of machine learning and visual AI programs. Scale AI has received more than $600 million in funding from investors including Empede Capital, Mirza Canada, Raison Asset Management, Index Ventures, and others. A recent round of funding brought in more than $155 million, resulting in a post-money valuation of $7.3 billion.
Scale AI does not currently have an official ticker symbol because this company is still private. Register today to connect with our Private Market Specialists and learn more about new pre-IPO investment opportunities.
The stock price for Scale AI will be known as it becomes public. Here are similar public companies: Dropbox (NAS: DBX), Okta (NAS: OKTA), VMware (NYS: VMW), Workday (NAS: WDAY), Atlassian (NAS: TEAM).
| Date | Funding Round | Funding Raised | Price per Share | IPO Valuation |
|---|---|---|---|---|
| 4/13/2021 | Series E | $325MM raised | $XXX.XX | $XXX.XX |
| 12/1/2020 | Series D | $154.74MM raised | $XXX.XX | $XXX.XX |
| 8/5/2019 | Series C | $101.24MM raised | $XXX.XX | $XXX.XX |
| 8/17/2018 | Series B | $18MM raised | $XXX.XX | $XXX.XX |
| 7/16/2017 | Series A, Safe-1 and Safe-2 | $4.7MM raised | $XXX.XX | $XXX.XX |
Scale AI is a privately held company and is not publicly traded on NYSE or NASDAQ in the U.S. To buy pre-IPO shares of a private company, you need to be an accredited investor. Learn more about how to invest in the private market or register today to get started.
If you own Scale AI pre-IPO shares and are considering selling, you can find what your shares could be worth on Forge’s secondary marketplace.
Our Private Market Specialists are available to answer any questions you might have and can help connect you with a buyer from our network of 125,000 accredited investors and institutions. You can also learn more about how to sell your private shares before getting started.
Scale AI is a private company and not publicly traded.
If you are interested in buying or selling private company shares, you can register with Forge today for free to explore your options. Registering gives you access to one of our Private Market Specialists who can guide you through the process of buying or selling. Learn more about how Forge might help you buy pre-IPO shares or sell pre-IPO shares.
