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

Reflection.Ai Overview

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

United StatesNew York City, NY

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

Reflection.Ai valuation by funding round
DateStageValuation
Apr 2026Series C$25B
Oct 2025Series 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

Reflection.Ai funding rounds
DateStageInvestorsRaisedValuationDeal Summary
Apr 2026Series CDisruptive Technology Advisers; Shaw and Partners$2.5B$25BIn 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 2025Series BNVIDIA (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$8BReflection.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 2025SeedCRV (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

Investors in Reflection.Ai by funding rounds participated
InvestorHQRoundsRoleFirst check
Disruptive Technology AdvisersUnited StatesAustin, TX2ParticipantOct 2025
Sequoia CapitalUnited StatesSan Francisco, CA2LeadMar 2025
Lightspeed Venture PartnersUnited StatesSan Francisco, CA2LeadMar 2025
Shaw and PartnersAustraliaSydney2ParticipantOct 2025
CRVUnited StatesUnited States2LeadMar 2025
NVIDIAUnited StatesSanta Clara, CA1LeadOct 2025
SV AngelUnited StatesSan Francisco, CA1ParticipantMar 2025
NVenturesUnited StatesSanta Clara, CA1ParticipantMar 2025
CitigroupUnited StatesNew York1ParticipantOct 2025
GICSingaporeSingapore1ParticipantOct 2025
Reid HoffmanUnited StatesSan Francisco, CA1ParticipantMar 2025
Eric SchmidtUnited StatesNew York City, NY1ParticipantOct 2025
Alexandr WangUnited StatesSan Francisco, CA1ParticipantMar 2025

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Reflection.Ai Competitors

Reflection.Ai competitors include listed companies like C3.ai and Snowflake, and private ones like Modal Labs, Lovable, OpenAI and Anthropic.

Public and private companies comparable to Reflection.Ai
CompanyHQStatusRevenueEBITDAValuationRevenue Multiple
Modal LabsUnited StatesNew YorkPrivate$1B-$16B15.8x
LovableSwedenStockholmPrivate$500M-$13B26.6x
C3.aiUnited StatesUnited StatesPublicly listed$250M($484M)$1.9B5.3x
OpenAIUnited StatesSan Francisco, CAPrivate$25B-$852B34.1x
AnthropicUnited StatesSan Francisco, CAPrivate$47B-$965B20.5x
SnowflakeUnited StatesUnited StatesPublicly listed$4.7B($1.3B)$108B18.3x

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 FYEV/RevenueEV/EBITDA
RevenueEBITDALast FYLTM2027ELast FYLTM2027E
MongoDB$2.5B($104M)10.6x9.0x(251.1x)42.3x
Z.ai$109M($663M)273.4x36.3x(44.9x)(44.9x)
IonQ$130M($531M)83.4x27.5x(20.4x)(26.4x)
JFrog$532M($67M)20.4x17.1x(160.8x)85.6x
DigitalOcean$901M$343M12.5x10.0x33.0x25.4x
GitLab$955M($82M)8.2x7.2x(94.7x)48.8x
MiniMax Group$79M($1.9B)77.1x-(3.2x)-
Presight AI$825M$214M6.0x4.9x23.0x19.1x

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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

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