- Companies
- Imbue
Imbue Valuation, Funding & Investors
Imbue is valued at $1B as of October 2023.
About Imbue
Imbue is a Palo Alto-based AI research lab training frontier models for autonomous coding agents. Founded in 2021 as Generally Intelligent, it raised $200 million in Series A funding from investors like NVIDIA and Index Ventures. The company's models excel on internal reasoning benchmarks and integrate with tools like GitHub for software engineering tasks, employing 50 researchers focused on long-horizon planning.
Founded
2021
HQ
Website
Status
Privately held
Customer focus
B2B
Revenue model
Licensing, Subscription
Valuation
$1B (Oct 2023)
Imbue Valuation
Imbue is currently valued at $1B, based on its Series B in October 2023.
The $12M round included Amazon and Eric Schmidt.
Imbue's valuation has grown 10x from $98M at its Series A in October 2022 to $1B in October 2023, across 3 priced rounds.
Imbue valuation by funding round
| Date | Stage | Valuation |
|---|---|---|
| Oct 2023 | Series B | $1B |
| Sep 2023 | Series B | $1B |
| Oct 2022 | Series A | $98M |
Imbue Funding History
Imbue has raised a total of $232M across 3 funding rounds.
Imbue's first fundraising round was a $20M Series A in October 2022. The most recent completed round was a $12M Series B in October 2023.
Imbue funding rounds
| Date | Stage | Investors | Raised | Valuation | Deal Summary |
|---|---|---|---|---|---|
| Oct 2023 | Series B | Amazon; Eric Schmidt | $12M | $1B | Imbue is a San Francisco-based AI startup developing foundation models optimized for reasoning and coding to build practical AI agents capable of accomplishing complex real-world tasks, starting with internal coding agents. The company aims to reinvent personal computing by creating robust, trustworthy AI systems that enable custom tools for users. Imbue's Series B round, initially $200 million led by Astera Institute in September 2023 at a valuation over $1 billion, was extended by $12 million on October 19, 2023, from Amazon Alexa Fund and Eric Schmidt, bringing total raised to over $210 million. Other backers include NVIDIA, Cruise CEO Kyle Vogt, Dropbox CEO Drew Houston, GPT-3 author Tom Brown, and Notion co-founder Simon Last. The additional funding supports long-term research and development to enhance AI agent capabilities for reasoning through problems like humans. |
| Sep 2023 | Series B | Astera Institute (lead); NVIDIA; Kyle Vogt; Simon Last; South Park Commons | $200M | $1B | Imbue, formerly known as Generally Intelligent, is a San Francisco-based AI research lab developing foundation models optimized for reasoning, with initial applications in creating AI agents that can code and perform complex tasks. The company aims to enable the creation of practical, custom AI agents for real-world goals, leveraging large-scale compute resources like a ~10,000 H100 cluster for rapid iteration on models exceeding 100B parameters. In September 2023, Imbue raised $200 million in a Series B funding round led by Astera Institute, with participation from NVIDIA, Cruise CEO Kyle Vogt, Notion co-founder Simon Last, South Park Commons, and others, achieving a post-money valuation of $1 billion and unicorn status. This followed a $20 million Series A in October 2022, bringing total funding to $220 million at announcement, with an additional $12 million extension from Alexa Fund and Eric Schmidt shortly after. The funds are designated to accelerate development of reasoning-optimized AI systems, enhance internal coding agents to boost research velocity, and scale operations amid the generative AI boom. Imbue emphasizes non-production use of coding agents for broader agent improvement, positioning itself in the emerging agentic AI sector against competitors like Adept and Cohere. The valuation reflects investor enthusiasm for reasoning-capable agents, with comparisons to Nvidia-backed deals in similar spaces. |
| Oct 2022 | Series A | Jonas Schneider; Tom Brown; Drew Houston; Arash Ferdowsi; Astera Institute | $20M | $98M | Imbue is an AI research lab founded in 2021 by Josh Albrecht and Kanjun Qiu, focused on developing AI systems capable of advanced reasoning, coding, and real-world tasks while prioritizing safety. The company emerged from stealth in October 2022 with initial funding of $20 million plus over $100 million in options from prominent investors including Tom Brown (former OpenAI GPT-3 engineering lead), Jonas Schneider (former OpenAI robotics lead), Dropbox co-founders Drew Houston and Arash Ferdowsi, and the Astera Institute. The October 2022 funding supported Imbue's mission to unlock AI's creative potential for important tasks. Subsequent rounds included a Series B in September 2023 raising approximately $200 million at over $1 billion valuation from Astera Institute, NVIDIA, Cruise CEO Kyle Vogt, Notion co-founder Simon Last, and others, followed by a $12 million Series B-II on October 19, 2023, bringing total funding to $232 million. Imbue continues hiring and advancing AI reasoning and coding capabilities in a competitive landscape with players like OpenAI and DeepMind. |
Who has invested in Imbue?
11 investors have backed Imbue across its funding rounds, including Astera Institute, Amazon, NVIDIA, South Park Commons, Arash Ferdowsi and Eric Schmidt.
Lead investors include Astera Institute.
Imbue Investors
| Investor | HQ | Rounds | Role | First check |
|---|---|---|---|---|
| 2 | Lead | Oct 2022 | ||
| 1 | Participant | Sep 2023 | ||
| 1 | Participant | Oct 2022 | ||
| 1 | Participant | Oct 2023 | ||
| 1 | Participant | Sep 2023 | ||
| 1 | Participant | Oct 2022 | ||
| 1 | Participant | Oct 2023 | ||
| 1 | Participant | Oct 2022 | ||
| 1 | Participant | Sep 2023 | ||
This data is available for Pro users. Sign up to see all 11 Imbue investors. Start Free Trial | ||||
Benchmark 350K+ Funding Rounds and Disclosed VC Valuation Multiples
Sign up to see data on 350K+ funding rounds and disclosed revenue and EBITDA valuation multiples, from seed, through growth stage, to pre-IPO.
Start Free TrialImbue Competitors
Imbue competitors include listed companies like Appier Group and Rackspace, and private ones like Altana, Augury, Beamery and Collate.
| Company | HQ | Status | Revenue | EBITDA | Valuation | Revenue Multiple |
|---|---|---|---|---|---|---|
| Private | - | $564M | $1B | - | ||
| Private | $100M | - | $1B | - | ||
| Private | - | - | $1B | - | ||
| Private | - | - | $1B | - | ||
| Publicly listed | $281M | $44M | $1B | 2.9x | ||
| Publicly listed | $2.7B | $244M | $997M | 1.6x |
Imbue Public Comps
Imbue is still privately-owned, but its public comps include Appier Group, Rackspace, Extreme Vision, iFLYHealth, Rezolve AI, Beijing CTJ Info Tech, Optasia, ODDITY Tech, Beijing Haitian Ruisheng and Beijing Deep Glint Tech.
| Last FY | EV/Revenue | EV/EBITDA | ||||||
|---|---|---|---|---|---|---|---|---|
| Revenue | EBITDA | Last FY | LTM | 2027E | Last FY | LTM | 2027E | |
| $281M | $44M | 3.4x | 2.9x | 21.6x | 15.7x | |||
| $2.7B | $244M | 1.5x | 1.6x | 17.1x | 15.0x | |||
| $44M | ($6M) | 22.8x | 11.6x | (163.7x) | - | |||
| $136M | ($7M) | 7.7x | 6.2x | (150.8x) | (144172.5x) | |||
| $47M | ($109M) | 23.3x | 4.0x | (10.0x) | (19.3x) | |||
| $123M | $13M | 5.3x | 4.9x | 51.3x | 34.6x | |||
| $265M | $79M | 4.3x | 3.6x | 14.5x | 9.1x | |||
| $810M | $131M | 1.5x | 1.8x | 9.6x | 18.3x | |||
This data is available for Pro users. Sign up to see all Imbue competitors and their valuation data. Start Free Trial | ||||||||
Common questions about Imbue
| When was Imbue founded? | Imbue was founded in 2021. |
| Where is Imbue headquartered? | Imbue is headquartered in San Francisco, CA, United States. |
| Is Imbue publicly listed? | No, Imbue is a private, VC-backed company. |
| What is Imbue's valuation? | Imbue was last valued at $1B in its Series B in October 2023. |
| How much funding has Imbue raised? | Imbue has raised $232M across 3 funding rounds. |
| What was Imbue's last funding round? | Imbue's last funding round was a $12M Series B in October 2023. |
| Who are Imbue's investors? | Imbue's investors include Astera Institute, NVIDIA, Jonas Schneider, Amazon, Kyle Vogt, Tom Brown, Eric Schmidt, Drew Houston, Simon Last, Arash Ferdowsi and 1 other. |
| Which companies are comparable to Imbue? | Companies comparable to Imbue include Altana, Augury, Beamery, Collate, Appier Group and Rackspace. |
See companies similar to Imbue
Start Your
Free Trial Today
Try Multiples for free for 3 days. Got questions or need a demo? Schedule a call with us below.




