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

Nexthop AI Overview

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

United StatesSan Jose, CA

Website

nexthop.ai

Status

Privately held

Customer focus

B2B

Revenue model

Product sales

Valuation

$4.2B (Mar 2026)

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

Nexthop AI valuation by funding round
DateStageValuation
Mar 2026Series B$4.2B

Nexthop AI Funding History

Nexthop AI has raised a total of $500M across 1 funding round.

Nexthop AI funding rounds

Nexthop AI funding rounds
DateStageInvestorsRaisedValuation
Mar 2026Series BAndreessen 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

Investors in Nexthop AI by funding rounds participated
InvestorHQRoundsRoleFirst check
WestBridge CapitalMauritiusQuatre Bornes1ParticipantMar 2026
Kleiner PerkinsUnited StatesSan Francisco, CA1ParticipantMar 2026
Emergent VenturesUnited StatesSan Francisco, CA1ParticipantMar 2026
Battery VenturesUnited StatesBoston, MA1ParticipantMar 2026
US Innovative Technology FundUnited StatesPittsburgh, PA1ParticipantMar 2026
Altimeter CapitalUnited StatesSan Francisco, CA1ParticipantMar 2026

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Nexthop 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.

Public and private companies comparable to Nexthop AI
CompanyHQStatusRevenueEBITDAValuationRevenue Multiple
OndasUnited StatesUnited StatesPublicly listed$51M($127M)$4.3B7.4x
Fujian Star-NetChinaChinaPublicly listed$2.9B$194M$4.3B1.5x
BeldenUnited StatesUnited StatesPublicly listed$2.7B$443M$4.4B1.7x
Sterlite TechnologiesIndiaIndiaPublicly listed$486M$62M$4.4B6.7x
Upscale AIUnited StatesSan Jose, CAPrivate--$2B-
HeliumUnited StatesSan Francisco, CAPrivate--$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 FYEV/RevenueEV/EBITDA
RevenueEBITDALast FYLTM2027ELast FYLTM2027E
Ondas$51M($127M)57.8x7.4x(23.0x)(31.0x)
Fujian Star-Net$2.9B$194M1.8x1.5x26.6x15.9x
Belden$2.7B$443M2.0x1.7x12.1x9.3x
Sterlite Technologies$486M$62M9.5x6.7x74.9x36.8x
Quectel$3.6B$188M1.3x1.1x24.7x21.8x
InnoDisk$448M$84M8.4x1.8x45.1x3.7x
Huber+Suhner$1.1B$153M3.5x3.1x24.1x20.2x
BlackBerry$549M$83M8.3x7.8x54.9x36.6x

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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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