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- TARS
TARS Revenue, Valuation, Funding & Investors
TARS is valued at $2.5B as of April 2026, a 5.5x multiple on its last reported $451M revenue.
Last TARS valuation
$2.5B
Seed · Apr 2026
Last TARS funding round
$455M
Seed · Apr 2026
TARS revenue
$451M
Seed · Apr 2026
Key investors in TARS
Sequoia Capital
Qiming Venture Partners
Oriental Fortune Capital
Meituan
Hillhouse Capital
Linear Capital
About TARS
TARS connects to Zhihang Zhong, a researcher who advances AI through spatial perception and reasoning integration.
Founded
2025
HQ
Status
Privately held
Customer focus
B2B
Revenue
$451M (Apr 2026)
Valuation
$2.5B (Apr 2026)
TARS Valuation
TARS is currently valued at $2.5B, based on its seed round in April 2026.
The $455M round was led by Hillhouse Capital and Sequoia Capital, with participation from Xianghe Capital, Oriental Fortune Capital, Meituan, Qiming Venture Partners, Hongtai Fund and 5 other investors.
TARS valuation by funding round
| Date | Stage | Valuation | Revenue Multiple |
|---|---|---|---|
| Apr 2026 | Seed | $2.5B | 5.5x |
TARS Revenue
TARS's latest recorded revenue is $451M, as of its seed round in April 2026. At a $2.5B valuation, that implies a 5.5x revenue multiple.
TARS revenue by funding round
| Date | Revenue * | Valuation | Revenue Multiple | Stage |
|---|---|---|---|---|
| Apr 2026 | $451M | $2.5B | 5.5x | Seed |
* Revenue (or ARR) figures are the values recorded alongside each funding round. Typically run-rate revenue at the time of the deal, or a reported LTM (last 12 months) revenue.
TARS Funding History
TARS has raised a total of $455M across 1 funding round.
TARS funding rounds
| Date | Stage | Investors | Raised | Valuation |
|---|---|---|---|---|
| Apr 2026 | Seed | Hillhouse Capital (lead); Sequoia Capital (lead); Xianghe Capital; Oriental Fortune Capital; Meituan; Qiming Venture Partners; Hongtai Fund; Beijing Robot Industry Fund; Linear Capital; Capitallink; Shanghai Guotou Pioneer; TCL Capital | $455M | $2.5B |
Who has invested in TARS?
12 investors have backed TARS across its funding rounds, including Sequoia Capital, Qiming Venture Partners, Oriental Fortune Capital, Meituan, Hillhouse Capital and Linear Capital.
Lead investors include Hillhouse Capital and Sequoia Capital.
TARS Investors
| Investor | HQ | Rounds | Role | First check |
|---|---|---|---|---|
| 1 | Participant | Apr 2026 | ||
| 1 | Participant | Apr 2026 | ||
| 1 | Participant | Apr 2026 | ||
| 1 | Participant | Apr 2026 | ||
| 1 | Participant | Apr 2026 | ||
| 1 | Participant | Apr 2026 | ||
| 1 | Lead | Apr 2026 | ||
| 1 | Participant | Apr 2026 | ||
| 1 | Participant | Apr 2026 | ||
| 1 | Participant | Apr 2026 | ||
This data is available for Pro users. Sign up to see all 12 TARS investors. Start Free Trial | ||||
Benchmark 350K+ Funding Rounds and Disclosed VC Valuation Multiples
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Start Free TrialTARS Competitors
TARS competitors include listed companies like Intsig Information and SoundHound, and private ones like Flourish, Instinct, Peregrine.ai and webAI.
| Company | HQ | Status | Revenue | EBITDA | Valuation | Revenue Multiple |
|---|---|---|---|---|---|---|
| Private | - | - | $2.5B | - | ||
| Private | - | - | $2.5B | - | ||
| Private | $30M | - | $2.5B | 83.3x | ||
| Private | - | - | $2.5B | - | ||
| Publicly listed | $270M | $83M | $2.6B | 6.6x | ||
| Publicly listed | $169M | $19M | $2.7B | 11.3x |
TARS Public Comps
TARS is still privately-owned, but its public comps include Intsig Information, SoundHound, Ncino, Haizhi, Shenzhen Intellifusion, Infleqtion, Fermi, C3.ai, Wenge AI and TRS Information Technology.
| Last FY | EV/Revenue | EV/EBITDA | ||||||
|---|---|---|---|---|---|---|---|---|
| Revenue | EBITDA | Last FY | LTM | 2027E | Last FY | LTM | 2027E | |
| $270M | $83M | 7.8x | 6.6x | 25.2x | 23.6x | |||
| $169M | $19M | 14.6x | 11.3x | 132.5x | (35.5x) | |||
| $595M | $65M | 4.3x | 4.0x | 39.0x | 15.8x | |||
| $93M | ($30M) | 21.5x | 16.3x | (67.1x) | (440.4x) | |||
| $200M | ($3M) | 14.3x | 14.6x | (952.5x) | (1086.5x) | |||
| $29M | ($52M) | 92.3x | 64.5x | (50.9x) | (60.0x) | |||
| - | ($490M) | - | 281.8x | (7.5x) | (63.2x) | |||
| $250M | ($484M) | 4.3x | 4.5x | (2.2x) | (6.2x) | |||
This data is available for Pro users. Sign up to see all TARS competitors and their valuation data. Start Free Trial | ||||||||
Common questions about TARS
| When was TARS founded? | TARS was founded in 2025. |
| Where is TARS headquartered? | TARS is headquartered in Shanghai, China. |
| Is TARS publicly listed? | No, TARS is a private, VC-backed company. |
| What is TARS's valuation? | TARS was last valued at $2.5B in its seed round in April 2026. |
| How much funding has TARS raised? | TARS has raised $455M across 1 funding round. |
| What was TARS's last funding round? | TARS's last funding round was a $455M seed round in April 2026, led by Hillhouse Capital and Sequoia Capital. |
| Who are TARS's investors? | TARS's investors include Xianghe Capital, Oriental Fortune Capital, Meituan, Qiming Venture Partners, Hongtai Fund, Beijing Robot Industry Fund, Sequoia Capital, Linear Capital, Capitallink, Shanghai Guotou Pioneer and 2 others. |
| What is TARS's revenue? | TARS's latest recorded revenue is $451M (April 2026). |
| What is TARS's revenue multiple? | TARS's latest valuation implies a 5.5x revenue multiple ($2.5B valuation on $451M of revenue). |
| Which companies are comparable to TARS? | Companies comparable to TARS include Flourish, Instinct, Peregrine.ai, webAI, Intsig Information and SoundHound. |
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