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- Nexthop AI
Nexthop AI Valuation, Funding & Investors
Nexthop AI is valued at $4.2B as of March 2026.
Last Nexthop AI valuation
$4.2B
Series B · Mar 2026
Last Nexthop AI funding round
$500M
Series B · Mar 2026
Cumulative funding Nexthop AI raised
$500M
across 1 funding round
Key investors in Nexthop AI
Andreessen Horowitz
Lightspeed Venture Partners
Kleiner Perkins
Battery Ventures
Altimeter Capital
Emergent Ventures
About Nexthop AI
Nexthop AI builds networking infrastructure for AI workloads in large-scale cloud data centers. Custom hardware integrates with software platforms and open network operating systems, including switching systems, OS compatibility, and optical plus electrical interconnects for compute clusters in AI training and inference. Nexthop AI partners with cloud operators on architecture design, system integration, and support for scaling AI environments.
Founded
2023
HQ
Website
Status
Privately held
Customer focus
B2B
Revenue model
Product sales
Valuation
$4.2B (Mar 2026)
Sectors
Nexthop AI Valuation
Nexthop AI is currently valued at $4.2B, based on its Series B in March 2026.
The $500M round was led by Andreessen Horowitz and Lightspeed Venture Partners, with participation from WestBridge Capital, Kleiner Perkins, Emergent Ventures, Battery Ventures, US Innovative Technology Fund and 1 other investor.
Nexthop AI valuation by funding round
| Date | Stage | Valuation |
|---|---|---|
| Mar 2026 | Series B | $4.2B |
Nexthop AI Funding History
Nexthop AI has raised a total of $500M across 1 funding round.
Nexthop AI funding rounds
| Date | Stage | Investors | Raised | Valuation |
|---|---|---|---|---|
| Mar 2026 | Series B | Andreessen Horowitz (lead); Lightspeed Venture Partners (lead); WestBridge Capital; Kleiner Perkins; Emergent Ventures; Battery Ventures; US Innovative Technology Fund; Altimeter Capital | $500M | $4.2B |
Who has invested in Nexthop AI?
8 investors have backed Nexthop AI across its funding rounds, including Andreessen Horowitz, Lightspeed Venture Partners, Kleiner Perkins, Battery Ventures, Altimeter Capital and Emergent Ventures.
Lead investors include Andreessen Horowitz and Lightspeed Venture Partners.
Nexthop AI Investors
| Investor | HQ | Rounds | Role | First check |
|---|---|---|---|---|
| 1 | Participant | Mar 2026 | ||
| 1 | Participant | Mar 2026 | ||
| 1 | Participant | Mar 2026 | ||
| 1 | Participant | Mar 2026 | ||
| 1 | Participant | Mar 2026 | ||
| 1 | Participant | Mar 2026 | ||
This data is available for Pro users. Sign up to see all 8 Nexthop AI 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 TrialNexthop AI Competitors
Nexthop AI competitors include listed companies like Ondas, Fujian Star-Net, Belden and Sterlite Technologies, and private ones like Upscale AI and Helium.
| Company | HQ | Status | Revenue | EBITDA | Valuation | Revenue Multiple |
|---|---|---|---|---|---|---|
| Publicly listed | $51M | ($127M) | $4.3B | 7.4x | ||
| Publicly listed | $2.9B | $194M | $4.3B | 1.5x | ||
| Publicly listed | $2.7B | $443M | $4.4B | 1.7x | ||
| Publicly listed | $486M | $62M | $4.4B | 6.7x | ||
| Private | - | - | $2B | - | ||
| Private | - | - | $1.2B | - |
Nexthop AI Public Comps
Nexthop AI is still privately-owned, but its public comps include Ondas, Fujian Star-Net, Belden, Sterlite Technologies, Quectel, InnoDisk, Huber+Suhner, BlackBerry, Guangzhou Haige Communications and Addsino Co..
| Last FY | EV/Revenue | EV/EBITDA | ||||||
|---|---|---|---|---|---|---|---|---|
| Revenue | EBITDA | Last FY | LTM | 2027E | Last FY | LTM | 2027E | |
| $51M | ($127M) | 57.8x | 7.4x | (23.0x) | (31.0x) | |||
| $2.9B | $194M | 1.8x | 1.5x | 26.6x | 15.9x | |||
| $2.7B | $443M | 2.0x | 1.7x | 12.1x | 9.3x | |||
| $486M | $62M | 9.5x | 6.7x | 74.9x | 36.8x | |||
| $3.6B | $188M | 1.3x | 1.1x | 24.7x | 21.8x | |||
| $448M | $84M | 8.4x | 1.8x | 45.1x | 3.7x | |||
| $1.1B | $153M | 3.5x | 3.1x | 24.1x | 20.2x | |||
| $549M | $83M | 8.3x | 7.8x | 54.9x | 36.6x | |||
This data is available for Pro users. Sign up to see all Nexthop AI competitors and their valuation data. Start Free Trial | ||||||||
Common questions about Nexthop AI
| When was Nexthop AI founded? | Nexthop AI was founded in 2023. |
| Where is Nexthop AI headquartered? | Nexthop AI is headquartered in San Jose, CA, United States. |
| Is Nexthop AI publicly listed? | No, Nexthop AI is a private, VC-backed company. |
| What is Nexthop AI's valuation? | Nexthop AI was last valued at $4.2B in its Series B in March 2026. |
| How much funding has Nexthop AI raised? | Nexthop AI has raised $500M across 1 funding round. |
| What was Nexthop AI's last funding round? | Nexthop AI's last funding round was a $500M Series B in March 2026, led by Andreessen Horowitz and Lightspeed Venture Partners. |
| Who are Nexthop AI's investors? | Nexthop AI's investors include WestBridge Capital, Kleiner Perkins, Emergent Ventures, Battery Ventures, US Innovative Technology Fund, Altimeter Capital, Andreessen Horowitz and Lightspeed Venture Partners. |
| Which companies are comparable to Nexthop AI? | Companies comparable to Nexthop AI include Ondas, Fujian Star-Net, Belden, Sterlite Technologies, Upscale AI and Helium. |
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