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- Inflection AI
Inflection AI Valuation, Funding & Investors
Inflection AI is valued at $4B as of June 2023.
About Inflection AI
Inflection AI is a Palo Alto-headquartered enterprise AI company that developed Pi, a conversational large language model serving millions worldwide. Founded in 2022, it launched Inflection-2.5, one of the most capable open-weight LLMs. In March 2024, Inflection AI refocused on enterprise applications under new CEO Sean White, emphasizing secure, customized intelligence for business workflows.
Founded
2022
HQ
Website
Status
Privately held
Customer focus
B2B
Revenue model
Subscription
Valuation
$4B (Jun 2023)
Inflection AI Valuation
Inflection AI is currently valued at $4B, based on its undisclosed-stage round in June 2023.
The $1.3B round was led by Bill Gates, Eric Schmidt, Microsoft, NVIDIA and Reid Hoffman.
Inflection AI's valuation has grown 3.3x from $1.2B at its undisclosed-stage round in May 2022 to $4B in June 2023, across 2 priced rounds.
Inflection AI valuation by funding round
| Date | Stage | Valuation |
|---|---|---|
| Jun 2023 | Undisclosed stage | $4B |
| May 2022 | Undisclosed stage | $1.2B |
Inflection AI Funding History
Inflection AI has raised a total of $1.5B across 2 funding rounds.
Inflection AI's first fundraising round was a $225M undisclosed-stage round in May 2022. The most recent completed round was a $1.3B undisclosed-stage round in June 2023.
Inflection AI funding rounds
| Date | Stage | Investors | Raised | Valuation | Deal Summary |
|---|---|---|---|---|---|
| Jun 2023 | Undisclosed stage | Bill Gates (lead); Eric Schmidt (lead); Microsoft (lead); NVIDIA (lead); Reid Hoffman (lead) | $1.3B | $4B | Inflection AI, founded by Mustafa Suleyman and Reid Hoffman, develops personal AI assistants like Pi, launched in May 2023 as a kind, supportive companion for text and voice interactions. The company raised $1.3 billion in a Series B round on June 29, 2023, led by Microsoft, Reid Hoffman, Bill Gates, Eric Schmidt, and NVIDIA, bringing total funding to $1.525 billion at a $4 billion post-money valuation. The funds support building the world's largest AI cluster with 22,000 NVIDIA H100 GPUs alongside CoreWeave and NVIDIA, powering advanced large language models. Pre-round traction included over 1 million active users, 6 billion messages exchanged, and average sessions of 33 minutes as of June 2023. Inflection positioned Pi for natural, flowing conversations providing relevant advice and information. |
| May 2022 | Undisclosed stage | - | $225M | $1.2B | Inflection AI, founded in 2022 and headquartered in Palo Alto, California, is an AI company developing personal AI assistants like Pi, focused on conversational AI for personal use. The company has raised significant funding across multiple rounds, with a total of $1.525B reported over four rounds. A Seed VC round occurred on March 8, 2022. A key early round was the Series A on May 13, 2022, with a post-money valuation of $1,200M. Investors in Inflection AI's early rounds include prominent names like Greylock, Horizons Ventures, and Dragoneer Investment Group, supporting expansion of AI model development and early enterprise clients. Subsequent rounds include a Series B on June 29, 2023, raising $1,300M at a $4B valuation led by Microsoft, Eric Schmidt, Gates Frontier, NVIDIA, and Reid Hoffman, reflecting rapid growth in the AI sector. Later developments include a reverse acqui-hire in March 2024. |
Who has invested in Inflection AI?
5 investors have backed Inflection AI across its funding rounds, including NVIDIA, Microsoft, Bill Gates, Eric Schmidt and Reid Hoffman.
Lead investors include Bill Gates, Eric Schmidt, Microsoft, NVIDIA and Reid Hoffman.
Inflection AI Investors
| Investor | HQ | Rounds | Role | First check |
|---|---|---|---|---|
| 1 | Lead | Jun 2023 | ||
| 1 | Lead | Jun 2023 | ||
| 1 | Lead | Jun 2023 | ||
This data is available for Pro users. Sign up to see all 5 Inflection AI investors. Start Free Trial | ||||
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Start Free TrialAcquisitions by Inflection AI
Inflection AI has acquired 2 companies to date.
Last acquisition by Inflection AI was on November 26th 2024. Inflection AI acquired BoostKPI for undisclosed valuation.
Latest Acquisitions by Inflection AI
| Description | BoostKPI is a data management platform identifying abnormalities and root causes across datasets. It enables organizations to prioritize problem-solving through anomaly detection at https://boostkpi.com/. | Jelled is an AI-powered collaboration platform headquartered in Tel Aviv, Israel. It aligns company strategy with execution by mapping initiatives, teams, and KPIs in a visual graph database. The tool facilitates real-time updates and analytics for enterprises scaling remote work. |
| HQ Country | ||
| HQ City | San Francisco, CA | San Francisco, CA |
| Deal Date | 26 Nov 2024 | 26 Nov 2024 |
| Valuation | undisclosed | undisclosed |
| EV/Revenue | ||
| EV/EBITDA | ||
This data is available for Pro users. Sign up to see all Inflection AI acquisitions and their M&A valuation multiples. Start Free Trial | ||
Inflection AI Competitors
Inflection AI competitors include listed companies like Presight AI and Affle 3i, and private ones like Decart, Luma AI, Ricursive Intelligence and Dataminr.
| Company | HQ | Status | Revenue | EBITDA | Valuation | Revenue Multiple |
|---|---|---|---|---|---|---|
| Private | - | - | $4B | - | ||
| Private | $50M | - | $4B | - | ||
| Private | - | - | $4B | - | ||
| Private | $200M | - | $4.1B | 20.5x | ||
| Publicly listed | $825M | $214M | $5.7B | 5.4x | ||
| Publicly listed | $282M | $67M | $2.3B | 6.7x |
Inflection AI Public Comps
Inflection AI is still privately-owned, but its public comps include Presight AI, Affle 3i, Ncino, Haizhi, C3.ai, Wenge AI, TRS Information Technology, PCITECH, Fractal Analytics and MiniMax Group.
| Last FY | EV/Revenue | EV/EBITDA | ||||||
|---|---|---|---|---|---|---|---|---|
| Revenue | EBITDA | Last FY | LTM | 2027E | Last FY | LTM | 2027E | |
| $825M | $214M | 6.3x | 5.4x | 24.4x | 20.8x | |||
| $282M | $67M | 7.4x | 6.7x | 31.3x | 29.5x | |||
| $595M | $65M | 4.3x | 4.0x | 39.0x | 15.8x | |||
| $93M | ($30M) | 21.5x | 16.3x | (67.1x) | (440.4x) | |||
| $250M | ($484M) | 4.3x | 4.5x | (2.2x) | (6.2x) | |||
| $60M | ($20M) | 27.6x | - | (82.7x) | - | |||
| $76M | ($20M) | 19.3x | 19.7x | (73.5x) | 478.8x | |||
| $1.5B | $53M | 0.8x | 0.9x | 24.1x | - | |||
This data is available for Pro users. Sign up to see all Inflection AI competitors and their valuation data. Start Free Trial | ||||||||
Common questions about Inflection AI
| When was Inflection AI founded? | Inflection AI was founded in 2022. |
| Where is Inflection AI headquartered? | Inflection AI is headquartered in San Francisco, CA, United States. |
| Is Inflection AI publicly listed? | No, Inflection AI is a private, VC-backed company. |
| What is Inflection AI's valuation? | Inflection AI was last valued at $4B in its undisclosed-stage round in June 2023. |
| How much funding has Inflection AI raised? | Inflection AI has raised $1.5B across 2 funding rounds. |
| What was Inflection AI's last funding round? | Inflection AI's last funding round was a $1.3B undisclosed-stage round in June 2023, led by Bill Gates, Eric Schmidt, Microsoft, NVIDIA and 1 other investor. |
| Who are Inflection AI's investors? | Inflection AI's investors include NVIDIA, Microsoft, Bill Gates, Reid Hoffman and Eric Schmidt. |
| Which companies are comparable to Inflection AI? | Companies comparable to Inflection AI include Decart, Luma AI, Ricursive Intelligence, Dataminr, Presight AI and Affle 3i. |
| How many companies has Inflection AI acquired? | Inflection AI has acquired 2 companies, including BoostKPI and Jelled. |
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