Which startups have increased their valuation by >50x since 2022 (or their first round, if not started by then)? I'm trying to make a list, missing some, and have some errors. Thanks to friends for corrections.
>250x
1. Cursor (
@mntruell,
@amanrsanger,
@sualehasif996,
@ArVID220u)
Pre-seed from Neo in 2022 at ~$5M. Now $60B acq
2. Fluidstack (
@garywu,
@CesarMaklary)
2018 at ~$5M from Seedcamp, now $18B
3. Anthropic (Dario Amodei, Daniela Amodei, Tom Brown,
@jackclarkSF, Jared Kaplan, Sam McCandlish,
@ch402)
Series A from @jaantallinn in 2021 at ~$650M, now $965B
4. Eleven Labs (
@mati,
@dabkowski_piotr)
Pre-seed from Credo Ventures in 2023 at ~$10M, now $11B
5. Perplexity (
@AravSrinivas,
@denisyarats, Johnny Ho,
@andykonwinski)
2022 seed at perhaps $30M from
@eladgil and
@natfriedman, now $20B
6. Baseten (
@tuhinone,
@amiruci, Philip Howes, Pankaj Gupta)
Seed from Greylock and SPC in 2021 at perhaps ~$20M, now $13B
7. Mercor (
@BrendanFoody,
@adarsh_exe,
@suryamidha)
Seed from GC at perhaps $30M, now $10B
8. Polymarket (
@shayne_coplan)
Seed from
@zxocw at perhaps $30M, now $9B
9. Harvey (
@winstonweinberg,
@gabepereyra)
Seed from OpenAI Startup Fund at perhaps $40M, now $11B
>100x
10. Fal (
@burkaygur,
@gorkem)
Seed from a16z at ~$35M, now $8B
11. Lovable (
@antonosika,
@FabianHedin)
Pre-seed at perhaps $35M by Hummingbird VC. Now $6.6B
12. Luma AI (
@gravicle, Alex Yu,
@taiuti)
Seed from Matrix in 2021 at perhaps $25M, now $4B
13. Etched (
@UbertiGavin,
@robertwachen,
@czhu1729)
Seed from Primary VC in 2023 at perhaps $35M, now $5B
14. Decagon (
@thejessezhang,
@AshwinSreenivas)
Seed from a16z at perhaps $40M, now $4.5B
15. Kalshi (
@mansourtarek_,
@luanalopeslara)
Series A at perhaps $200M by Sequoia in 2021. Now $22B. (And yes, earlier YC round at $2M)
16. Nscale (Josh Payne, Nathan Townsend)
Seed in 2023 at perhaps $140M, now $14.6B
17. Function Health (
@swerdlin,
@drmarkhyman,
@pranithapat, Seth Weisfeld, Mike Nemke, Daniel Swerdlin)
Seed in 2022 at perhaps $25M, now $2.5B
Plus a few more that I think are >50x: Gamma, Figure, Exa, K2 Space, Basis, Moonshot AI, Clay, Granola, Abridge, Mistral
What did I miss, what needs updating?
