- Companies
- Tripo
Last Tripo valuation
$1B
Series A · May 2026
Last Tripo funding round
$200M
Series A · May 2026
Cumulative funding Tripo raised
$250M
across 2 funding rounds
Key investors in Tripo
Baidu Ventures
Shenzhen Capital Group
Alibaba Group
Oriental Fortune Capital
Primavera Capital Group
INCE Capital
About Tripo
Tripo is an AI platform generating 3D models from text, images, or doodles.
Founded
2023
HQ
Website
Status
Privately held
Customer focus
B2B
Revenue model
Subscription, Usage-based
Valuation
$1B (May 2026)
Tripo Valuation
Tripo is currently valued at $1B, based on its Series A in May 2026.
The $200M round was led by INCE Capital, with participation from Eminence Ventures, Wofo Capital, Oriental Fortune Capital, Genesis Capital, F&G Venture and 6 other investors.
Tripo valuation by funding round
| Date | Stage | Valuation |
|---|---|---|
| May 2026 | Series A | $1B |
Tripo Funding History
Tripo has raised a total of $250M across 2 funding rounds.
Tripo's first fundraising round was a $50M undisclosed-stage round in March 2026. The most recent completed round was a $200M Series A in May 2026.
Tripo funding rounds
| Date | Stage | Investors | Raised | Valuation | Deal Summary |
|---|---|---|---|---|---|
| May 2026 | Series A | INCE Capital (lead); Eminence Ventures; Wofo Capital; Oriental Fortune Capital; Genesis Capital; F&G Venture; Baidu Ventures; Primavera Capital Group; Shanghai Pudong Science and Technology Investment; China Life Insurance; Shenzhen Capital Group; Shenzhen Artificial Intelligence Terminal Industry Fund | $200M | $1B | Tripo AI raised $50 million in new funding in March 2026, with Alibaba and Baidu Ventures among the backers. The capital was announced alongside new model releases and is intended to support further research into large-scale 3D foundation models and expansion of the company’s global developer platform. The round fits into a broader financing trajectory that later included nearly $200 million in Series A+ and Series A++ financing announced on June 1, 2026, led by Ince Capital and China Life. Public reporting indicates that the earlier March 2026 financing was a separate round and that the company’s valuation surpassed $1 billion after the March financing. Tripo AI is a 3D generation company focused on production-ready assets and native 3D model architectures. Reported prior backing included major strategic investors, and the company’s stated product direction centers on large-scale 3D foundation models and a developer platform for global users. |
| Mar 2026 | Undisclosed stage | Alibaba Group (lead); Baidu Ventures (lead) | $50M | - | - |
Who has invested in Tripo?
13 investors have backed Tripo across its funding rounds, including Baidu Ventures, Shenzhen Capital Group, Alibaba Group, Oriental Fortune Capital, Primavera Capital Group and INCE Capital.
Lead investors include INCE Capital, Alibaba Group and Baidu Ventures.
Tripo Investors
| Investor | HQ | Rounds | Role | First check |
|---|---|---|---|---|
| 2 | Lead | Mar 2026 | ||
| 1 | Participant | May 2026 | ||
| 1 | Participant | May 2026 | ||
| 1 | Participant | May 2026 | ||
| 1 | Participant | May 2026 | ||
| 1 | Participant | May 2026 | ||
| 1 | Participant | May 2026 | ||
| 1 | Participant | May 2026 | ||
| 1 | Participant | May 2026 | ||
| 1 | Participant | May 2026 | ||
| 1 | Lead | Mar 2026 | ||
This data is available for Pro users. Sign up to see all 13 Tripo investors. Start Free Trial | ||||
Benchmark 350K+ Funding Rounds and Disclosed VC Valuation Multiples
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Start Free TrialTripo Competitors
Tripo competitors include listed companies like Fermi and Beijing CTJ Info Tech, and private ones like Altana, Augury, Beamery and Biossil.
| Company | HQ | Status | Revenue | EBITDA | Valuation | Revenue Multiple |
|---|---|---|---|---|---|---|
| Private | - | $564M | $1B | - | ||
| Private | $100M | - | $1B | - | ||
| Private | - | - | $1B | - | ||
| Private | - | - | $1B | - | ||
| Publicly listed | - | ($490M) | $1B | 187.8x | ||
| Publicly listed | $124M | $13M | $939M | 5.0x |
Tripo Public Comps
Tripo is still privately-owned, but its public comps include iFLYHealth, Fermi, Beijing CTJ Info Tech, Extreme Vision, BigBear.ai, ODDITY Tech, Appier Group, Beijing Haitian Ruisheng, Wenge AI and Arcs Co.
| Last FY | EV/Revenue | EV/EBITDA | ||||||
|---|---|---|---|---|---|---|---|---|
| Revenue | EBITDA | Last FY | LTM | 2027E | Last FY | LTM | 2027E | |
| $137M | ($7M) | 7.5x | 5.9x | (147.8x) | 517.8x | |||
| - | ($490M) | - | 187.8x | (3.1x) | (22.2x) | |||
| $124M | $13M | 5.5x | 5.0x | 53.5x | 33.8x | |||
| $44M | ($6M) | 19.8x | 10.3x | (142.0x) | - | |||
| $128M | ($295M) | 6.3x | 5.3x | (2.7x) | (20.6x) | |||
| $810M | $131M | 1.6x | 1.9x | 9.9x | 25.9x | |||
| $277M | $43M | 2.9x | 2.4x | 18.7x | 12.9x | |||
| $57M | $5M | 20.2x | 20.7x | 236.5x | - | |||
This data is available for Pro users. Sign up to see all Tripo competitors and their valuation data. Start Free Trial | ||||||||
Common questions about Tripo
| When was Tripo founded? | Tripo was founded in 2023. |
| Where is Tripo headquartered? | Tripo is headquartered in San Francisco, CA, United States. |
| Is Tripo publicly listed? | No, Tripo is a private, VC-backed company. |
| What is Tripo's valuation? | Tripo was last valued at $1B in its Series A in May 2026. |
| How much funding has Tripo raised? | Tripo has raised $250M across 2 funding rounds. |
| What was Tripo's last funding round? | Tripo's last funding round was a $200M Series A in May 2026, led by INCE Capital. |
| Who are Tripo's investors? | Tripo's investors include Baidu Ventures, Eminence Ventures, Wofo Capital, Oriental Fortune Capital, Genesis Capital, F&G Venture, Primavera Capital Group, Shanghai Pudong Science and Technology Investment, China Life Insurance, Shenzhen Capital Group and 3 others. |
| Which companies are comparable to Tripo? | Companies comparable to Tripo include Altana, Augury, Beamery, Biossil, Fermi and Beijing CTJ Info Tech. |
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