In the rapidly evolving landscape of artificial intelligence, 2025 has already shown promising signs with several U.S. AI startups securing substantial funding.
Anthropic, a company focused on AI research and large language models, raised a remarkable $3.5 billion in a Series E round as of March 3, led by Lightspeed and included contributions from Salesforce Ventures, Menlo Ventures, and General Catalyst.
February saw a wave of significant funding rounds: Together AI secured $305 million in a Series B co-led by Prosperity7 and General Catalyst, with others such as Salesforce Ventures participating. Lambda received $480 million in a Series D round, co-led by SGW and Andra Capital, reaching a valuation close to $2.5 billion.
In February, Pittsburgh-based Abridge raised $250 million in Series D funding, valuing the startup at $2.75 billion. The round was co-led by IVP and Elad Gil, with other investors like Lightspeed and Spark Capital joining in. Eudia, focusing on legal technology, secured $105 million also in February, led by General Catalyst.
Additionally, EnCharge AI, a hardware startup, closed a $100 million Series B round with Tiger Global and others by February 13. On February 12, Harvey, an AI legal tech startup, was valued at $3 billion after raising $300 million led by Sequoia.
The year started strong with ElevenLabs raising $180 million in a Series C round, announced on January 30. Their backers include ICONIQ Growth and Andreessen Horowitz. Hippocratic AI also made headlines with a $141 million Series B round, led by Kleiner Perkins.
As 2025 progresses, the influx of capital into the U.S. AI sector indicates a robust continuation of growth from the previous year, with companies across various domains attracting interest from a broad array of investors.
