Replit hits $3B valuation on $150M annualized revenue
Replit has raised a $250 million round, valuing the company at $3 billion. Unlike other fast-growing vibe coders, Replit has not been running to VCs every few months, though we’ll … Read More
Month: March 2026
One-time hot insurance tech Ethos poised to be one of the first tech IPO of the year
Ethos Technologies has priced its initial public offering and the expectation is that it will go public next Thursday, making it one of the first tech IPOs of the year. … Read More
The market has ‘switched’ and founders have the power now, VCs say
All season on Build Mode, we’ve explored how founders should approach marketing, but this week we’re exploring how VCs sell themselves to founders as trustworthy partners and to LPs as worthwhile investments. Feinzaig came into venture capital with … Read More
VCs deploy ‘kingmaking’ strategy to crown AI winners in their infancy
In early October, DualEntry, an AI enterprise resource planning (ERP) startup, announced a $90 million Series A round led by Lightspeed and Khosla Ventures, valuing the one-year-old business at $415 … Read More
If you’re not an AI startup, good luck raising money from VCs
New PitchBook data illustrates how dramatically AI is dominating startup investment, with 2025 on track to become the first year when AI accounts for more than half of all VC … Read More
So, we’re getting Prada Meta AI glasses, right?
Could Meta be preparing to launch a Prada version of its Meta AI glasses? That’s the speculation after Mark Zuckerberg and his wife, Priscilla, were spotted sitting in the front … Read More
OpenAI raises $110B in one of the largest private funding rounds in history
OpenAI has raised $110 billion in private funding, the company announced Friday morning, commencing one of the largest private funding rounds in history. The new funding consists of a $50 … Read More
Perplexity’s new Computer is another bet that users need many AI models
Starting this week, Perplexity subscribers will have a new agentic tool at their disposal. Perplexity Computer, in the company’s words, “unifies every current AI capability into a single system.” More specifically, … Read More
AI music generator Suno hits 2M paid subscribers and $300M in annual recurring revenue
Suno co-founder and CEO Mikey Shulman shared on LinkedIn that the AI music generator has amassed 2 million paid subscribers and $300 million in annual recurring revenue. Just three months … Read More
The billion-dollar infrastructure deals powering the AI boom
It takes a lot of computing power to run an AI product — and as the tech industry races to tap the power of AI models, there’s a parallel race … Read More