- Companies
- Reflection.Ai
Reflection.Ai Valuation, Funding & Investors
Reflection.Ai is valued at $25B as of April 2026.
Last Reflection.Ai valuation
$25B
Series C · Apr 2026
Last Reflection.Ai funding round
$2.5B
Series C · Apr 2026
Cumulative funding Reflection.Ai raised
$4.5B
across 3 funding rounds
Key investors in Reflection.Ai
Sequoia Capital
Lightspeed Venture Partners
CRV
Disruptive Technology Advisers
Shaw and Partners
SV Angel
About Reflection.Ai
Reflection AI is a Brooklyn, New York-based artificial intelligence company that develops open-weight frontier foundation models and autonomous software agents. It was founded in 2024 by former Google DeepMind researchers Misha Laskin and Ioannis Antonoglou, and its first product, Asimov, is a code-research agent that helps engineering teams understand and work across large codebases. The company has since repositioned around open frontier models and end-to-end AI systems sold to governments, large enterprises and public sector institutions that want full control over their AI stack. Reflection emerged from stealth in March 2025 with $130 million across a $25 million seed round led by Sequoia Capital and CRV and a $105 million Series A led by Lightspeed Venture Partners and CRV. It raised $2 billion at an $8 billion valuation in October 2025 in a round led by Nvidia, and in April 2026 closed a $2.5 billion Series C at a $25 billion pre-money valuation. In June 2026 it signed a compute agreement with SpaceX worth up to $6.3 billion, and it had about 320 employees in 2026.
Founded
2024
HQ
Website
Status
Privately held
Customer focus
B2B
Revenue model
Subscription
Valuation
$25B (Apr 2026)
Reflection.Ai Valuation
Reflection.Ai is currently valued at $25B, based on its Series C in April 2026. Read the announcement ↗
The $2.5B round included Disruptive Technology Advisers and Shaw and Partners.
Reflection.Ai's valuation has grown 3.1x from $8B at its Series B in October 2025 to $25B in April 2026, across 2 priced rounds.
Reflection.Ai valuation by funding round
| Date | Stage | Valuation |
|---|---|---|
| Apr 2026 | Series C | $25B |
| Oct 2025 | Series B | $8B |
Reflection.Ai Funding History
Reflection.Ai has raised a total of $4.5B across 3 funding rounds.
Reflection.Ai's first fundraising round was a $25M seed round in March 2025. The most recent completed round was a $2.5B Series C in April 2026.
Reflection.Ai funding rounds
| Date | Stage | Investors | Raised | Valuation | Deal Summary |
|---|---|---|---|---|---|
| Apr 2026 | Series C | Disruptive Technology Advisers; Shaw and Partners | $2.5B | $25B | In April 2026 Reflection AI closed a US$2.5 billion Series C round at a pre-money valuation of US$25 billion, more than three times the valuation of its October 2025 Series B. Disruptive invested in the round, and Australian broker Shaw and Partners invested alongside it after also taking part in the Series B. The capital funds the compute and data-centre commitments behind Reflection's open-weight frontier models and sovereign AI systems; in June 2026 the company signed a compute agreement with SpaceX worth up to US$6.3 billion. Reflection was founded in 2024 in New York by former Google DeepMind researchers Misha Laskin and Ioannis Antonoglou. It emerged from stealth in March 2025 with US$130 million across seed and Series A rounds to build the Asimov autonomous coding agent, then raised US$2 billion at an US$8 billion valuation in October 2025 in a round led by Nvidia as it turned to open frontier models. The company sells end-to-end AI systems to governments, large enterprises and public sector institutions that want full control over their AI stack, and had about 320 employees in 2026. |
| Oct 2025 | Series B | NVIDIA (lead); Citigroup; Disruptive Technology Advisers; GIC; Eric Schmidt; Sequoia Capital; Lightspeed Venture Partners; 1789 Capital; Shaw and Partners; B Capital; CRV; DST Global; Eric Yuan | $2B | $8B | Reflection.Ai, founded in 2024 by former DeepMind researchers Misha Laskin and Ioannis Antonoglou, develops AI tools that automate coding. In October 2025, the company raised $2 billion in a round led by NVIDIA, which invested $800 million, achieving an $8 billion valuation. Investors included 1789 Capital, B Capital, Citi, CRV, Disruptive, DST Global, Eric Schmidt, Eric Yuan, GIC, Lightspeed Venture Partners, NVIDIA, and Sequoia Capital. Earlier in September 2025, Reflection.Ai was in talks for a $1 billion round at a $4.5-5.5 billion valuation, with NVIDIA committing at least $250 million and participation from Lightspeed and Sequoia. By early 2026, the company sought over $20 billion valuation funding, a 150% increase from the October 2025 round, driven by NVIDIA's strategic backing and AI market enthusiasm. |
| Mar 2025 | Seed | CRV (lead); Sequoia Capital (lead); Lightspeed Venture Partners (lead); SV Angel; NVentures; Reid Hoffman; Alexandr Wang | $25M | - | Reflection AI is a New York-based AI startup founded in 2024 by former Google DeepMind researchers Misha Laskin and Ioannis Antonoglou, focused on developing autonomous coding agents. The company's flagship product, Asimov, is a code-understanding agent for engineering teams that analyzes enterprise data such as emails and Slack messages to generate corresponding code. In March 2025, Reflection AI raised $130 million across two rounds: a $25 million seed round and a $105 million Series A, bringing the company's post-money valuation to approximately $555 million. The seed round was led by Sequoia Capital and CRV, with the Series A led by Lightspeed Venture Partners and CRV. Additional investors included LinkedIn co-founder Reid Hoffman, Scale AI CEO Alexandr Wang, SV Angel, and Nvidia's venture arm. The company reported that Asimov had initially achieved enterprise-side revenue, though specific figures were not disclosed. By October 2025, Reflection AI raised a substantial $2 billion round at an $8 billion post-money valuation, representing a 15x increase in company value in just seven months. The company plans to expand beyond coding into broader enterprise autonomous systems covering team memory and knowledge management across product, marketing, and HR functions. |
Who has invested in Reflection.Ai?
17 investors have backed Reflection.Ai across its funding rounds, including Sequoia Capital, Lightspeed Venture Partners, CRV, Disruptive Technology Advisers, Shaw and Partners and SV Angel.
Lead investors include NVIDIA, CRV, Sequoia Capital and Lightspeed Venture Partners.
Reflection.Ai Investors
| Investor | HQ | Rounds | Role | First check |
|---|---|---|---|---|
| 2 | Participant | Oct 2025 | ||
| 2 | Lead | Mar 2025 | ||
| 2 | Lead | Mar 2025 | ||
| 2 | Participant | Oct 2025 | ||
| 2 | Lead | Mar 2025 | ||
| 1 | Lead | Oct 2025 | ||
| 1 | Participant | Mar 2025 | ||
| 1 | Participant | Mar 2025 | ||
| 1 | Participant | Oct 2025 | ||
| 1 | Participant | Oct 2025 | ||
| 1 | Participant | Mar 2025 | ||
| 1 | Participant | Oct 2025 | ||
| 1 | Participant | Mar 2025 | ||
This data is available for Pro users. Sign up to see all 17 Reflection.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 TrialReflection.Ai Competitors
Reflection.Ai competitors include listed companies like C3.ai and Snowflake, and private ones like Modal Labs, Lovable, OpenAI and Anthropic.
| Company | HQ | Status | Revenue | EBITDA | Valuation | Revenue Multiple |
|---|---|---|---|---|---|---|
| Private | $1B | - | $16B | 15.8x | ||
| Private | $500M | - | $13B | 26.6x | ||
| Publicly listed | $250M | ($484M) | $1.9B | 5.3x | ||
| Private | $25B | - | $852B | 34.1x | ||
| Private | $47B | - | $965B | 20.5x | ||
| Publicly listed | $4.7B | ($1.3B) | $108B | 18.3x |
Reflection.Ai Public Comps
Reflection.Ai is still privately-owned, but its public comps include MongoDB, Z.ai, IonQ, JFrog, DigitalOcean, GitLab, MiniMax Group, Presight AI, Ncino and Affle 3i.
| Last FY | EV/Revenue | EV/EBITDA | ||||||
|---|---|---|---|---|---|---|---|---|
| Revenue | EBITDA | Last FY | LTM | 2027E | Last FY | LTM | 2027E | |
| $2.5B | ($104M) | 10.6x | 9.0x | (251.1x) | 42.3x | |||
| $109M | ($663M) | 273.4x | 36.3x | (44.9x) | (44.9x) | |||
| $130M | ($531M) | 83.4x | 27.5x | (20.4x) | (26.4x) | |||
| $532M | ($67M) | 20.4x | 17.1x | (160.8x) | 85.6x | |||
| $901M | $343M | 12.5x | 10.0x | 33.0x | 25.4x | |||
| $955M | ($82M) | 8.2x | 7.2x | (94.7x) | 48.8x | |||
| $79M | ($1.9B) | 77.1x | - | (3.2x) | - | |||
| $825M | $214M | 6.0x | 4.9x | 23.0x | 19.1x | |||
This data is available for Pro users. Sign up to see all Reflection.Ai competitors and their valuation data. Start Free Trial | ||||||||
Common questions about Reflection.Ai
| When was Reflection.Ai founded? | Reflection.Ai was founded in 2024. |
| Where is Reflection.Ai headquartered? | Reflection.Ai is headquartered in New York City, NY, United States. |
| Is Reflection.Ai publicly listed? | No, Reflection.Ai is a private, VC-backed company. |
| What is Reflection.Ai's valuation? | Reflection.Ai was last valued at $25B in its Series C in April 2026. |
| How much funding has Reflection.Ai raised? | Reflection.Ai has raised $4.5B across 3 funding rounds. |
| What was Reflection.Ai's last funding round? | Reflection.Ai's last funding round was a $2.5B Series C in April 2026. |
| Who are Reflection.Ai's investors? | Reflection.Ai's investors include Disruptive Technology Advisers, Sequoia Capital, Lightspeed Venture Partners, Shaw and Partners, CRV, NVIDIA, SV Angel, NVentures, Citigroup, GIC and 7 others. |
| Which companies are comparable to Reflection.Ai? | Companies comparable to Reflection.Ai include Modal Labs, Lovable, C3.ai, OpenAI, Anthropic and Snowflake. |
See companies similar to Reflection.Ai
Start Your
Free Trial Today
Try Multiples for free for 3 days. Got questions or need a demo? Schedule a call with us below.




