Together AI, a San Francisco, CA-based AI cloud company, has raised $305 million in Series B funding at a $3.3 billion valuation.
Investors
The round was led by General Catalyst and Prosperity7 Ventures, with participation from Salesforce Ventures, DAMAC Capital, NVIDIA, Kleiner Perkins, March Capital, and several other prestigious investors.
Founded in 2019, Prosperity7 Ventures is the corporate venture capital arm of Aramco, based in Dhahran, Saudi Arabia. The firm invests in early- and growth-stage startups across various sectors, including technology, energy, and sustainability. With offices in Dhahran, Palo Alto, New York, Beijing, and Shanghai, the firm has invested in over 40 companies globally.
General Catalyst is a global investment and transformation firm that partners with resilient, AI-focused entrepreneurs. They provide early-stage and growth-stage investments and partner with entrepreneurs from seed to growth stage and beyond. The firm operates offices in San Francisco, New York City, Boston, Berlin, Bangalore, and London.
Together AI Use of Funds
The funding will be used to drive Together AI’s ambitious expansion plans and accelerate the development of its platform.
About Together AI
Together AI is a research-driven AI company that provides a cloud platform empowering developers and enterprises to train, fine-tune, and run inference for generative AI models. Together AI’s platform supports more than 200 open-source models across all modalities — chat, image, audio, vision, code, and embeddings. Committed to advancing the frontier of AI through open collaboration, innovation, and transparency, Together AI ensures that powerful AI systems remain accessible and flexible while creating optimal outcomes for society. Notable customers include Salesforce, Zoom, and The Washington Post.
Funding Details
Company: Together AI
Raised: $305M
Round: Series B
Funding Date: February 2025
Lead Investor: General Catalyst
Additional Investors: Prosperity7 Ventures, Salesforce Ventures, DAMAC Capital, NVIDIA, Kleiner Perkins, March Capital, Emergence Capital, Lux Capital, SE Ventures, Greycroft, Coatue, Definition, Cadenza Ventures, Long Journey Ventures, Brave Capital, Scott Banister, John Chambers
Company Website: https://www.together.ai/
Software Category: AI Infrastructure
Source: https://www.prnewswire.com/news-releases/together-ai-raises-305m-series-b-to-scale-ai-acceleration-cloud-for-open-source-and-enterprise-ai-302380967.html