{"slug": "venice-ai-raises-65m-series-a-at-1b-valuation", "title": "Venice.ai Raises $65M Series A at $1B Valuation", "summary": "Venice.ai raised $65 million in a Series A funding round led by Dragonfly at a $1 billion valuation, marking its first outside investment. The privacy-preserving AI platform serves 3.5 million registered users, processes 1.3 trillion tokens monthly, and generates over $70 million in annualized revenue.", "body_md": "Privacy-preserving AI platforms change operational trade-offs for practitioners by shifting data custody and compliance risk away from vendors and toward client-side systems. Venice.ai raised **$65 million** in a Series A led by **Dragonfly** at a **$1 billion** valuation, its first outside funding round, according to the company blog and reporting by TechCrunch and Binance. Venice's own blog states the platform offers access to **200+** models, never logs prompts, stores conversations locally, and serves **3.5 million** registered users while processing **1.3 trillion** tokens per month. TechCrunch and other outlets report slightly different metrics, roughly **3 million** active users, about **1.7 million** API calls per day, and an annualized run-rate revenue north of **$70 million**, which TechCrunch attributed to CEO Erik Voorhees. Investors named in coverage include Dragonfly, Coinbase Ventures, North Island Ventures, and F-Prime.", "url": "https://wpnews.pro/news/venice-ai-raises-65m-series-a-at-1b-valuation", "canonical_source": "https://letsdatascience.com/news/veniceai-raises-65m-series-a-at-1b-valuation-e4055e32", "published_at": "2026-07-10 02:15:31+00:00", "updated_at": "2026-07-10 02:42:08.102406+00:00", "lang": "en", "topics": ["ai-startups", "ai-products", "ai-infrastructure", "ai-ethics"], "entities": ["Venice.ai", "Dragonfly", "Coinbase Ventures", "North Island Ventures", "F-Prime", "Erik Voorhees"], "alternates": {"html": "https://wpnews.pro/news/venice-ai-raises-65m-series-a-at-1b-valuation", "markdown": "https://wpnews.pro/news/venice-ai-raises-65m-series-a-at-1b-valuation.md", "text": "https://wpnews.pro/news/venice-ai-raises-65m-series-a-at-1b-valuation.txt", "jsonld": "https://wpnews.pro/news/venice-ai-raises-65m-series-a-at-1b-valuation.jsonld"}}