Jasper Revenue, Valuation, Funding & Investors

Jasper is valued at $1.5B as of October 2022, a 20.0x multiple on its last reported $75M revenue.

Last Jasper valuation

$1.5B

Series A · Oct 2022

Last Jasper funding round

$125M

Series A · Oct 2022

Jasper revenue

$75M

Series A · Oct 2022

Key investors in Jasper

  • Foundation Capital
  • Insight Partners
  • Bessemer Venture Partners
  • Coatue
  • IVP
  • Four Cities Capital

Jasper Overview

About Jasper

Jasper is an AI writing platform built for marketing teams to produce blog posts, social media content, and ad copy. The tool includes a text-to-image generator for brand-aligned visuals from prompts. Austin, Texas-based, it serves over 100,000 customers including Lyft, IBM, and PepsiCo with workflow automation features.


Founded

2021

HQ

United StatesSan Francisco, CA

Website

jasper.ai

Status

Privately held

Customer focus

B2B

Revenue model

Subscription

Revenue

$75M (Oct 2022)

Valuation

$1.5B (Oct 2022)

Jasper Valuation

Jasper is currently valued at $1.5B, based on its Series A in October 2022.

The $125M round was led by Insight Partners, with participation from IVP, HubSpot Ventures, Z Nation Lab, Angel Collective Opportunity Fund, Founders Circle Capital and 5 other investors.

Jasper valuation by funding round

Jasper valuation by funding round
DateStageValuationRevenue Multiple
Oct 2022Series A$1.5B20.0x

Jasper Revenue

Jasper's latest recorded revenue is $75M, as of its Series A in October 2022. At a $1.5B valuation, that implies a 20.0x revenue multiple.

Jasper revenue by funding round

Jasper revenue and valuation multiple by funding round
DateRevenue *ValuationRevenue MultipleStage
Oct 2022$75M$1.5B20.0xSeries A

* Revenue (or ARR) figures are the values recorded alongside each funding round. Typically run-rate revenue at the time of the deal, or a reported LTM (last 12 months) revenue.

Jasper Funding History

Jasper has raised a total of $131M across 2 funding rounds.

Jasper's first fundraising round was a $6M seed round in June 2021. The most recent completed round was a $125M Series A in October 2022.

Jasper funding rounds

Jasper funding rounds
DateStageInvestorsRaisedValuationDeal Summary
Oct 2022Series AInsight Partners (lead); IVP; HubSpot Ventures; Z Nation Lab; Angel Collective Opportunity Fund; Founders Circle Capital; Bessemer Venture Partners; STV; Coatue; Foundation Capital; Olive Technology Ventures$125M$1.5BJasper is an AI content platform founded in January 2020, specializing in generative AI for marketing and sales use cases, offering subscription-based services with tiers providing fixed words generated per month, advanced features, templates, seats, and support. In October 2022, Jasper announced a $125 million Series A funding round led by Insight Partners, with participation from Bessemer Venture Partners, Coatue, IVP, Foundation Capital, Founders Circle Capital, HubSpot Ventures, and others, achieving a $1.5 billion post-money valuation at a 20x revenue multiple. The funding supported product development, customer experience improvements, integration of acquired Outwrite brand, and expansion into team and enterprise features. At the time of the round, Jasper had over 70,000 paying customers and reported $45 million in revenue for 2021, with expectations to reach $75 million ARR by end of 2022, reflecting 76% year-over-year growth driven by AI buzz in adtech and martech. The company grew rapidly from $42.5 million ARR in its first 12 months, achieving over 100% ARR increase year-over-year by late 2022, reaching nearly 100,000 customers. Jasper emphasized hypergrowth while focusing on profitability, positioning itself as an efficiency tool for teams amid pandemic-accelerated demand. Post-round, Jasper announced over 100% ARR growth and ~100,000 customers by December 2022, acquiring Outwrite and launching the first annual Generative AI Conference. Sacra noted the $1.5 billion valuation as the last private valuation, competitive yet lower than peers like Grammarly (26x) and Canva (26x). Later projections included $140 million ARR by end-2022 (not met), with shifts toward enterprise focus after ChatGPT competition, but 2022 metrics directly tied to the round highlight peak traction in generative AI for marketing.
Jun 2021SeedFoundation Capital (lead); Octave; Four Cities Capital; AAF Management Ltd.$6M-Jasper is an AI content platform for marketing teams that generates text and images using generative AI. Founded in 2020 and launched publicly in January 2021, the company raised a $6 million seed round in June 2021 led by Foundation Capital. The valuation for this seed round was not publicly disclosed. Jasper's first publicly announced valuation was $1.5 billion in its October 2022 Series A round, which raised $125 million. By the time of the Series A, the company had grown to over 70,000 paying subscribers and generated $45 million in revenue in 2021, with expectations to reach $75 million in 2022 revenue.

Who has invested in Jasper?

14 investors have backed Jasper across its funding rounds, including Foundation Capital, Insight Partners, Bessemer Venture Partners, Coatue, IVP and Four Cities Capital.

Lead investors include Insight Partners and Foundation Capital.


Jasper Investors

Investors in Jasper by funding rounds participated
InvestorHQRoundsRoleFirst check
Foundation CapitalUnited StatesSan Francisco, CA2LeadJun 2021
IVPUnited StatesSan Francisco, CA1ParticipantOct 2022
OctaveUnited StatesUnited States1ParticipantJun 2021
HubSpot VenturesUnited StatesUnited States1ParticipantOct 2022
Four Cities CapitalUnited StatesBoston, MA1ParticipantJun 2021
Z Nation LabIndiaMumbai1ParticipantOct 2022
Angel Collective Opportunity FundUnited StatesSan Francisco, CA1ParticipantOct 2022
Founders Circle CapitalUnited StatesSan Francisco, CA1ParticipantOct 2022
Bessemer Venture PartnersUnited StatesSan Francisco, CA1ParticipantOct 2022
STVSaudi ArabiaRiyadh1ParticipantOct 2022
CoatueUnited StatesNew York City, NY1ParticipantOct 2022
Insight PartnersUnited StatesNew York City, NY1LeadOct 2022

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Acquisitions by Jasper

Jasper has acquired 2 companies to date.

Last acquisition by Jasper was on February 22nd 2024. Jasper acquired ClipDrop for undisclosed valuation.


Latest Acquisitions by Jasper

ClipDrop
Outwrite
Description
ClipDrop is a Stability AI-developed mobile app converting everyday photos into e-commerce-ready product visuals. It removes backgrounds, relights images, and generates studio shots for online stores. Available on iOS and Android, the app serves merchants listing items on platforms like Shopify and Amazon.
Outwrite is a San Francisco-based AI writing assistant that integrates with Google Docs, Microsoft Word, and web browsers to improve grammar, clarity, and style in professional documents. The tool scans for tone adjustments, conciseness, and inclusivity while supporting academic, business, and creative writing. Outwrite partners with universities such as the University of Michigan and serves over 900 educational institutions worldwide. It employs natural language processing to deliver real-time suggestions and plagiarism checks.
HQ CountryFranceAustralia
HQ City
Paris
Sydney
Deal Date22 Feb 20247 Dec 2022
Valuationundisclosedundisclosed
EV/Revenue
EV/EBITDA

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Jasper Competitors

Jasper competitors include listed companies like Rezolve AI and Appier Group, and private ones like Cresta, Invoca, People.ai and Amperity.

Public and private companies comparable to Jasper
CompanyHQStatusRevenueEBITDAValuationRevenue Multiple
CrestaUnited StatesSan Francisco, CAPrivate--$1.6B-
InvocaUnited StatesSanta Barbara, CAPrivate$100M-$1.1B11.0x
People.aiUnited StatesSan Francisco, CAPrivate$41M-$1.1B26.8x
AmperityUnited StatesSeattle, WAPrivate$70M-$1B14.3x
Rezolve AIUnited KingdomUnited KingdomPublicly listed$47M($109M)$950M4.0x
Appier GroupJapanJapanPublicly listed$281M$44M$1B2.9x

Jasper Public Comps

Jasper is still privately-owned, but its public comps include PCITECH, Fractal Analytics, TRS Information Technology, Sprinklr, Wenge AI, Sansan, C3.ai, Marketingforce Management, ZoomInfo and Deluxe.

Last FYEV/RevenueEV/EBITDA
RevenueEBITDALast FYLTM2027ELast FYLTM2027E
PCITECH$1.5B$53M0.8x0.9x24.1x-
Fractal Analytics$344M$50M3.7x3.4x25.8x21.0x
TRS Information Technology$76M($20M)19.3x19.7x(73.5x)478.8x
Sprinklr$857M$66M1.0x1.0x13.6x5.5x
Wenge AI$60M($20M)27.6x-(82.7x)-
Sansan$346M$67M4.3x4.2x22.3x21.9x
C3.ai$250M($484M)4.3x4.5x(2.2x)(6.2x)
Marketingforce Management$420M$22M3.8x2.7x73.4x24.4x

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Common questions about Jasper

When was Jasper founded?Jasper was founded in 2021.
Where is Jasper headquartered?Jasper is headquartered in San Francisco, CA, United States.
Is Jasper publicly listed?No, Jasper is a private, VC-backed company.
What is Jasper's valuation?Jasper was last valued at $1.5B in its Series A in October 2022.
How much funding has Jasper raised?Jasper has raised $131M across 2 funding rounds.
What was Jasper's last funding round?Jasper's last funding round was a $125M Series A in October 2022, led by Insight Partners.
Who are Jasper's investors?Jasper's investors include Foundation Capital, IVP, Octave, HubSpot Ventures, Four Cities Capital, Z Nation Lab, Angel Collective Opportunity Fund, Founders Circle Capital, Bessemer Venture Partners, STV and 4 others.
What is Jasper's revenue?Jasper's latest recorded revenue is $75M (October 2022).
What is Jasper's revenue multiple?Jasper's latest valuation implies a 20.0x revenue multiple ($1.5B valuation on $75M of revenue).
Which companies are comparable to Jasper?Companies comparable to Jasper include Cresta, Invoca, People.ai, Amperity, Rezolve AI and Appier Group.
How many companies has Jasper acquired?Jasper has acquired 2 companies, including ClipDrop and Outwrite.

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