Liquid AI Valuation, Funding & Investors

Liquid AI is valued at $2.4B as of December 2024.

Last Liquid AI valuation

$2.4B

Series A · Dec 2024

Last Liquid AI funding round

$250M

Series A · Dec 2024

Cumulative funding Liquid AI raised

$293M

across 3 funding rounds

Key investors in Liquid AI

  • OSS Capital L.P.
  • The Pags Group
  • Naval Ravikant
  • Tom Preston-Werner
  • AMD Ventures
  • Matt Mullenweg

Liquid AI Overview

About Liquid AI

Liquid AI is a Boston-headquartered AI research lab spun out from MIT in 2024. The company trains Liquid Foundation Models on long-context data for enterprise tasks like code generation and document summarization. Deployments run on AWS and Azure with support for 100k token contexts. Liquid AI serves financial analysts at State Street processing SEC reports.


Founded

2023

HQ

United StatesUnited States

Website

liquid.ai

Status

Privately held

Customer focus

B2B

Revenue model

Subscription

Valuation

$2.4B (Dec 2024)

Liquid AI Valuation

Liquid AI is currently valued at $2.4B, based on its Series A in December 2024.

The $250M round was led by AMD Ventures, with participation from The Pags Group, OSS Capital L.P. and Duke Capital Partners.

Liquid AI's valuation has grown 42x from $56M at its seed round in May 2023 to $2.4B in December 2024, across 3 priced rounds.

Liquid AI valuation by funding round

Liquid AI valuation by funding round
DateStageValuation
Dec 2024Series A$2.4B
Dec 2023Seed$303M
May 2023Seed$56M

Liquid AI Funding History

Liquid AI has raised a total of $293M across 3 funding rounds.

Liquid AI's first fundraising round was a $6M seed round in May 2023. The most recent completed round was a $250M Series A in December 2024.

Liquid AI funding rounds

Liquid AI funding rounds
DateStageInvestorsRaisedValuationDeal Summary
Dec 2024Series AAMD Ventures (lead); The Pags Group; OSS Capital L.P.; Duke Capital Partners$250M$2.4BLiquid AI, an MIT spinout based in Cambridge, Massachusetts, develops Liquid Foundation Models (LFMs), lightweight general-purpose AI models using liquid neural networks as an alternative to resource-intensive transformer architectures powering systems like ChatGPT. These models emphasize efficiency, requiring 90% less memory while matching performance on benchmarks, targeting enterprise applications in autonomous systems, financial modeling, industrial control, consumer electronics, telecommunications, financial services, e-commerce, and biotechnology. The company released its first foundation model in November 2024 and focuses on edge and on-premise deployments to reduce dependency on massive cloud infrastructure and NVIDIA GPUs. On December 13-20, 2024, Liquid AI closed a $250 million Series A round led by AMD Ventures, with participation from Duke Capital Partners, OSS Capital L.P., The Pags Group, and existing investors like Automattic. The post-money valuation reached $2.35 billion, marking unicorn status following a prior $46.6-47 million seed round in 2023 that brought total funding to around $297-300 million. AMD's strategic investment includes technical collaboration to optimize LFMs for its GPUs, CPUs, neural processing units, and Instinct accelerators, enabling better performance and scalability. Funding will scale compute infrastructure, accelerate product readiness for mission-critical workflows, expand LFM sizes and data modalities, and support team growth. The partnership positions Liquid AI to challenge incumbents like OpenAI, Anthropic, and Google by prioritizing specialized, efficient models for enterprise verticals over consumer chatbots, potentially disrupting NVIDIA's AI hardware dominance through compatibility with AMD processors. CEO Ramin Hasani highlighted proven scalability from text to multimodal models, while AMD executives praised the approach for making AI more accessible across data centers to edge devices.
Dec 2023SeedOSS Capital L.P. (lead); Stephen Pagliuca (lead); The Pags Group (lead)$38M$303MLiquid AI is an AI technology company founded in 2023 by MIT researchers Ramin Hasani, Mathias Lechner, Alexander Amini, and Daniela Rus, headquartered in Cambridge, MA. The company develops foundation models designed from first principles to prioritize causality, interpretability, and efficiency, aiming for scalable, environmentally responsible general-purpose AI systems applicable across industries including consumer electronics, telecommunication, financial services, e-commerce, and biotechnology. On December 6, 2023, Liquid AI emerged from stealth and closed a substantial two-stage seed round, raising $37.5 million in a Series Seed II led by investors including OSS Capital, PagsGroup (The Pags Group), Automattic, Samsung Next, Bold Capital Partners, and ISAI Cap Venture, with notable angels such as GitHub co-founder Tom Preston Werner, Shopify co-founder Tobias Lütke, and Red Hat co-founder Bob Young. The round valued the company at a post-money valuation of $303 million. This funding supported initial development following its spinout from MIT's Computer Science and Artificial Intelligence Laboratory (CSAIL). Subsequent developments include additional seed and incubator rounds in 2024, culminating in a $250 million Series A in December 2024 led by AMD Ventures at a $2.35 billion valuation, bringing total funding to approximately $287.6-$293 million across five rounds with 22 investors. Liquid AI's models, known as Liquid Foundation Models (LFMs), emphasize lightweight, efficient AI for enterprise-grade applications, with partnerships like AMD for training and inference on Instinct GPUs, CPUs, and NPUs.
May 2023SeedOSS Capital L.P. (lead); Arunas Chesonis; Bob Young; Naval Ravikant; Matt Mullenweg; Tom Preston-Werner$6M$56MLiquid AI, an MIT spinout founded by researchers from the Computer Science and Artificial Intelligence Laboratory including CEO Daniela Rus, develops AI foundation models based on liquid neural networks, which perform tasks more reliably with less power than traditional models. The company emerged from stealth in December 2023 with a seed round of $37.6 million led by OSS Capital and PagsGroup, joined by investors including Automattic, Samsung Next, Bob Young, Tom Preston-Werner, and Naval Ravikant, at a $303 million post-money valuation. This funding supports building commercial foundation models and a platform for customers to develop liquid neural networks, with plans to expand from 12 to 20 employees for go-to-market efforts. Liquid neural networks feature fewer neurons, enabling easier interpretation of AI decisions and lower computational needs.

Who has invested in Liquid AI?

10 investors have backed Liquid AI across its funding rounds, including OSS Capital L.P., The Pags Group, Naval Ravikant, Tom Preston-Werner, AMD Ventures and Matt Mullenweg.

Lead investors include AMD Ventures, OSS Capital L.P., Stephen Pagliuca and The Pags Group.


Liquid AI Investors

Investors in Liquid AI by funding rounds participated
InvestorHQRoundsRoleFirst check
OSS Capital L.P.United StatesSan Francisco, CA3LeadMay 2023
The Pags GroupUnited StatesBoston, MA2LeadDec 2023
Arunas ChesonisUnited StatesRochester, MN1ParticipantMay 2023
Bob YoungUnited StatesRaleigh, NC1ParticipantMay 2023
Naval RavikantUnited StatesSan Francisco, CA1ParticipantMay 2023
Matt MullenwegUnited StatesHouston, TX1ParticipantMay 2023
AMD VenturesUnited StatesSan Francisco, CA1LeadDec 2024
Tom Preston-WernerUnited StatesSan Francisco, CA1ParticipantMay 2023

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Liquid AI Competitors

Liquid AI competitors include listed companies like Haizhi and C3.ai, and private ones like Instinct, Turing, Xiaoice and Lin Junyang AI Lab.

Public and private companies comparable to Liquid AI
CompanyHQStatusRevenueEBITDAValuationRevenue Multiple
InstinctUnited StatesSan Francisco, CAPrivate--$2.5B-
TuringUnited StatesSan Francisco, CAPrivate$300M-$2.2B7.3x
HaizhiChinaChinaPublicly listed$93M($30M)$2.1B16.3x
XiaoiceChinaBeijingPrivate$15M-$2B-
Lin Junyang AI LabChinaChinaPrivate--$2B-
C3.aiUnited StatesUnited StatesPublicly listed$250M($484M)$1.7B4.5x

Liquid AI Public Comps

Liquid AI is still privately-owned, but its public comps include Affle 3i, Ncino, Haizhi, Intsig Information, SoundHound, C3.ai, Wenge AI, TRS Information Technology, Shenzhen Intellifusion and Infleqtion.

Last FYEV/RevenueEV/EBITDA
RevenueEBITDALast FYLTM2027ELast FYLTM2027E
Affle 3i$282M$67M7.4x6.7x31.3x29.5x
Ncino$595M$65M4.3x4.0x39.0x15.8x
Haizhi$93M($30M)21.5x16.3x(67.1x)(440.4x)
Intsig Information$270M$83M7.8x6.6x25.2x23.6x
SoundHound$169M$19M14.6x11.3x132.5x(35.5x)
C3.ai$250M($484M)4.3x4.5x(2.2x)(6.2x)
Wenge AI$60M($20M)27.6x-(82.7x)-
TRS Information Technology$76M($20M)19.3x19.7x(73.5x)478.8x

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Common questions about Liquid AI

When was Liquid AI founded?Liquid AI was founded in 2023.
Where is Liquid AI headquartered?Liquid AI is headquartered in United States.
Is Liquid AI publicly listed?No, Liquid AI is a private, VC-backed company.
What is Liquid AI's valuation?Liquid AI was last valued at $2.4B in its Series A in December 2024.
How much funding has Liquid AI raised?Liquid AI has raised $293M across 3 funding rounds.
What was Liquid AI's last funding round?Liquid AI's last funding round was a $250M Series A in December 2024, led by AMD Ventures.
Who are Liquid AI's investors?Liquid AI's investors include OSS Capital L.P., The Pags Group, Arunas Chesonis, Bob Young, Naval Ravikant, Matt Mullenweg, AMD Ventures, Tom Preston-Werner, Duke Capital Partners and Stephen Pagliuca.
Which companies are comparable to Liquid AI?Companies comparable to Liquid AI include Instinct, Turing, Haizhi, Xiaoice, Lin Junyang AI Lab and C3.ai.

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