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- Alembic
Alembic Valuation, Funding & Investors
Alembic is valued at $645M as of November 2025.
Last Alembic valuation
$645M
Series B · Nov 2025
Last Alembic funding round
$145M
Series B · Nov 2025
Cumulative funding Alembic raised
$276M
across 6 funding rounds
Key investors in Alembic
Liquid 2 Ventures
Village Global
WndrCo
Ridge Ventures
IrishAngels
OCA Ventures
About Alembic
Alembic Technologies is a San Francisco-based causal AI company that helps enterprises identify the true cause-and-effect drivers of their marketing, operational, and growth outcomes, rather than relying on correlation-based analytics. Its Causal AI decision engine analyzes proprietary company data to quantify the impact of spend on results such as revenue attribution, sales pipeline lift, and customer engagement. Clients include Delta Air Lines, Mars, and NVIDIA, and the company runs its platform on dedicated NVIDIA supercomputing infrastructure.
Founded
2018
HQ
Website
Status
Privately held
Customer focus
B2B
Revenue model
Subscription
Valuation
$645M (Nov 2025)
Alembic Valuation
Alembic is currently valued at $645M, based on its Series B in November 2025.
The $145M round was led by Accenture and Prysm Capital, with participation from SLW, Friends & Family Capital, Liquid 2 Ventures, WndrCo and NextEquity Partners.
Alembic's valuation has moved from $645M at its undisclosed-stage round in March 2025 to $645M in November 2025, across 2 priced rounds.
Alembic valuation by funding round
| Date | Stage | Valuation |
|---|---|---|
| Nov 2025 | Series B | $645M |
| Mar 2025 | Undisclosed stage | $645M |
Alembic Funding History
Alembic has raised a total of $276M across 6 funding rounds.
Alembic's first fundraising round was a $3M seed round in January 2020. The most recent completed round was a $145M Series B in November 2025.
Alembic funding rounds
| Date | Stage | Investors | Raised | Valuation | Deal Summary |
|---|---|---|---|---|---|
| Nov 2025 | Series B | Accenture (lead); Prysm Capital (lead); SLW; Friends & Family Capital; Liquid 2 Ventures; WndrCo; NextEquity Partners | $145M | $645M | Alembic Technologies, a San Francisco-based pioneer in causal AI for enterprises, raised $145 million in a Series B and growth funding round on November 14-17, 2025, co-led by Prysm Capital and Accenture, with participation from Liquid 2 Ventures, NextEquity Partners, Friends & Family Capital, WndrCo, and growth funding from SLW (Silver Lake Waterman). Founded by Tomás Puig, John Adams, and Seth Little, Alembic's platform enables enterprises to derive actionable insights from proprietary data, serving clients like Delta Air Lines, Mars, and NVIDIA as its founding customer and supercomputing partner. The funding will accelerate scaling of Alembic’s Causal AI decision engine, deploy a new NVIDIA DGX supercomputing cluster (including an NVL72 superPOD), and expand adoption among Fortune 500 B2B and B2C clients, with Accenture integrating the platform into its client transformation initiatives. Investors highlight Alembic's scientific rigor and commercial relevance in quantifying marketing and operational spend effectiveness, delivering outcomes like revenue attribution for sponsorships, viral event analysis, sales pipeline lift, and improved donor/fan engagement. The investment underscores confidence in Alembic's momentum amid rising demand for causal AI beyond correlation-based analytics. Alembic aims to make guess-based analysis obsolete by providing real-time causal insights with high performance, reliability, and data security via private AI infrastructure. |
| Mar 2025 | Undisclosed stage | - | $105M | $645M | Alembic Technologies is a San Francisco-based causal AI platform founded by Tomás Puig, John Adams, and Seth Little that enables enterprises to derive verifiable cause-and-effect intelligence from proprietary data to inform strategic decisions across marketing, operations, and growth. The platform helps companies move beyond correlation-based analysis to understand what truly drives business results, serving major clients including Delta Air Lines, Mars, and NVIDIA. In November 2025, Alembic announced a Series B and growth funding round of $145 million led by Prysm Capital and Accenture, with participation from Silver Lake Waterman (SLW), Liquid 2 Ventures, NextEquity, Friends & Family Capital, and WndrCo. This round valued the company at $645 million, representing a 15.7x increase in valuation over the Series A round. The company is using proceeds to expand its Causal AI decision engine, deploy a new NVIDIA DGX supercomputing cluster (an NVL72 superPOD equipped with Blackwell GPUs) scheduled to go live by end of 2026, and accelerate enterprise adoption among Fortune 500 B2B and B2C clients. Accenture's participation underscores the strategic importance of causal AI for regulated enterprises requiring both high performance and extreme reliability in their AI implementations. |
| Feb 2024 | Series A | WndrCo (lead); Liquid 2 Ventures; m]x[v | $16M | - | Alembic is an AI-powered marketing attribution platform that predicts revenue and ROI from marketing spend. The company uses machine learning and causal AI mathematics, originally developed during the pandemic for medical research, to analyze unstructured data across marketing channels including TV, radio, social media, and digital marketing. In February 2024, Alembic announced a $14 million Series A funding round led by WndrCo (Jeffrey Katzenberg's venture firm), with participation from existing investors MXV Capital (Braze founder Mark Ghermezian's firm) and Liquid 2 Ventures (Joe Montana's venture fund). The company declined to disclose its post-money valuation at the time of the Series A announcement. Alembic serves enterprise customers including NVIDIA, Texas A&M, North Sails, Delta, and Mars, providing real-time views of marketing effectiveness to help optimize ad spend allocation. The Series A funding was directed toward enhancing engineering capabilities, broadening the product range, and accelerating client acquisition. |
| Oct 2021 | Seed | KB Partners (lead); OCA Ventures (lead); IrishAngels; VITALIZE Venture Capital | $5M | - | - |
| Mar 2020 | Seed | Village Global; IrishAngels; Ridge Ventures; Sean Byrnes; VITALIZE Venture Capital | $2M | - | - |
| Jan 2020 | Seed | KB Partners (lead); Village Global; Liquid 2 Ventures; Ridge Ventures; OCA Ventures | $3M | - | - |
Who has invested in Alembic?
15 investors have backed Alembic across its funding rounds, including Liquid 2 Ventures, Village Global, WndrCo, Ridge Ventures, IrishAngels and OCA Ventures.
Lead investors include Accenture, Prysm Capital, WndrCo, KB Partners and OCA Ventures.
Alembic Investors
| Investor | HQ | Rounds | Role | First check |
|---|---|---|---|---|
| 3 | Participant | Jan 2020 | ||
| 2 | Participant | Jan 2020 | ||
| 2 | Participant | Mar 2020 | ||
| 2 | Lead | Jan 2020 | ||
| 2 | Lead | Feb 2024 | ||
| 2 | Participant | Jan 2020 | ||
| 2 | Lead | Jan 2020 | ||
| 2 | Participant | Mar 2020 | ||
| 1 | Lead | Nov 2025 | ||
| 1 | Participant | Nov 2025 | ||
| 1 | Participant | Nov 2025 | ||
| 1 | Lead | Nov 2025 | ||
| 1 | Participant | Mar 2020 | ||
This data is available for Pro users. Sign up to see all 15 Alembic investors. Start Free Trial | ||||
Benchmark 350K+ Funding Rounds and Disclosed VC Valuation Multiples
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Start Free TrialAcquisitions by Alembic
Alembic has acquired 1 company to date.
Last acquisition by Alembic was on February 22nd 2019. Alembic acquired ReachPod for undisclosed valuation.
Latest Acquisitions by Alembic
| Description | ReachPod is an Istanbul-based social media management platform designed for agencies and community managers. It facilitates team collaboration, post scheduling, approval workflows, brand monitoring, competitor analysis, and customer profiling. Users moderate Facebook, Twitter, and LinkedIn pages, archive interactions for CRM integration, and access visual performance reports on engagement metrics. ReachPod streamlines tasks across multiple channels to boost customer satisfaction and campaign efficiency. |
| HQ Country | |
| HQ City | Istanbul |
| Deal Date | 22 Feb 2019 |
| Valuation | undisclosed |
| EV/Revenue | |
| EV/EBITDA | |
This data is available for Pro users. Sign up to see all Alembic acquisitions and their M&A valuation multiples. Start Free Trial | |
Alembic Competitors
Alembic competitors include listed companies like AnyMind Group and dotDigital Group, and private ones like Databook, Haus, LeadSquared and Yidian Zixun.
| Company | HQ | Status | Revenue | EBITDA | Valuation | Revenue Multiple |
|---|---|---|---|---|---|---|
| Private | $2M | - | $550M | - | ||
| Private | - | - | $450M | - | ||
| Private | $26M | - | $1B | 38.5x | ||
| Private | - | - | $1B | - | ||
| Publicly listed | $368M | $12M | $301M | 0.7x | ||
| Publicly listed | $113M | $33M | $196M | 1.2x |
Alembic Public Comps
Alembic is still privately-owned, but its public comps include Cognyte Software, Sprout Social, Plus Alpha Consulting, Similarweb, Latent View Analytics, WingArc1st, Claritev, Happiest Minds Technologies, Quadient and Spire Global.
| Last FY | EV/Revenue | EV/EBITDA | ||||||
|---|---|---|---|---|---|---|---|---|
| Revenue | EBITDA | Last FY | LTM | 2027E | Last FY | LTM | 2027E | |
| $400M | $21M | 1.5x | 1.4x | 27.6x | 9.8x | |||
| $458M | ($31M) | 1.3x | 1.2x | (18.6x) | 8.1x | |||
| $110M | $36M | 4.2x | 3.8x | 12.9x | 9.4x | |||
| $283M | ($15M) | 2.5x | 2.3x | (48.6x) | 26.2x | |||
| $111M | $27M | 4.4x | 4.0x | 17.8x | 18.2x | |||
| $199M | $70M | 3.5x | 3.3x | 10.0x | 10.5x | |||
| $965M | $466M | 5.4x | 5.2x | 11.2x | 8.5x | |||
| $241M | $43M | 2.0x | 1.9x | 11.5x | 10.7x | |||
This data is available for Pro users. Sign up to see all Alembic competitors and their valuation data. Start Free Trial | ||||||||
Common questions about Alembic
| When was Alembic founded? | Alembic was founded in 2018. |
| Where is Alembic headquartered? | Alembic is headquartered in San Francisco, CA, United States. |
| Is Alembic publicly listed? | No, Alembic is a private, VC-backed company. |
| What is Alembic's valuation? | Alembic was last valued at $645M in its Series B in November 2025. |
| How much funding has Alembic raised? | Alembic has raised $276M across 6 funding rounds. |
| What was Alembic's last funding round? | Alembic's last funding round was a $145M Series B in November 2025, led by Accenture and Prysm Capital. |
| Who are Alembic's investors? | Alembic's investors include Liquid 2 Ventures, Village Global, IrishAngels, KB Partners, WndrCo, Ridge Ventures, OCA Ventures, VITALIZE Venture Capital, Accenture, SLW and 5 others. |
| Which companies are comparable to Alembic? | Companies comparable to Alembic include Databook, Haus, LeadSquared, Yidian Zixun, AnyMind Group and dotDigital Group. |
| How many companies has Alembic acquired? | Alembic has acquired 1 company, including ReachPod. |
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