C3.ai Raises $125M in Series Unknown

C3.ai has successfully raised $125M in a Series Unknown at a $3B valuation led by TPG Capital, Breyer Capital, Sutter Hill Ventures.

Company Overview

C3.ai is a AI/ML company headquartered in 1300 Seaport Boulevard, Redwood City, CA 94063, founded in 2009 with 900+ employees.

Enterprise AI software

Fundraising Details

• Amount Raised: $125M
• Round Type: Series Unknown
• Valuation: $3B
• Date: 2024-11-16
• Investors: TPG Capital, Breyer Capital, Sutter Hill Ventures

About C3.ai

Enterprise AI software The company is positioned in the AI/ML sector, serving a growing market with innovative solutions.

Key Information

• Headquarters: 1300 Seaport Boulevard, Redwood City, CA 94063
• Founded: 2009
• Team Size: 900+
• Industry: AI/ML

What This Means

This funding round demonstrates strong investor confidence in C3.ai's vision and execution. The capital will likely be used to:

• Scale Operations: Expand the team and operational capacity
• Product Development: Enhance existing products and develop new features
• Market Expansion: Enter new markets and strengthen presence in existing ones
• Technology Investment: Invest in infrastructure and technology capabilities

Industry Context

The AI/ML sector continues to attract significant investment as companies innovate to meet evolving market demands. C3.ai's successful fundraising reflects the strong fundamentals and growth potential in this space.

Valuation Milestone

Reaching a $3B valuation marks an important milestone for C3.ai, positioning the company among notable players in the AI/ML industry.

Looking Ahead

With this new capital, C3.ai is well-positioned to execute on its growth strategy and continue building innovative solutions in the AI/ML space. The company's trajectory will be one to watch as it deploys this funding to achieve its next phase of growth.

This fundraising news was reported on 2024-11-16. For more information about C3.ai, visit their headquarters at 1300 Seaport Boulevard, Redwood City, CA 94063.