# ARGO AI funding: rounds and investors

> ARGO AI has raised $3.6B across 4 rounds since 2017. Investors include Ford Motor Company, Lakestar and Concept Ventures. Every round with its source.

Source: https://millionrounds.com/company/argo-ai (Millionrounds; every figure on the page links to its filing or article)

United Kingdom · [Pre-seed startup](https://millionrounds.com/companies)

# Who invested in *ARGO AI*

4 rounds we have observed, with the 4 investors named in them. Every figure came from a named source, and where the company reported a raise to the SEC itself, that is shown beside it.

AI Education Logistics

Valuation: $12B, Apr 2022

Funding summary Updated 26 Oct 2026

**$3.6B** raised across 4 rounds since 2017, from 4 sources

**$1.0B** Round **$2.6B** Round **$5.0M** Pre-seed

- **Latest round:** Pre-seed, $5.0M Nov 2024
- **Biggest round:** $2.6B Round · Jul 2019
- **Investors:** 4

See who backed them

## The funding story

Each circle is a round, placed by date and sized by amount. The line above is the running total.

2017 2018 2019 2020 2021 2022 2023 2024

**$1.0B** Round

**$2.6B** Round

**?** Venture

**$5.0M** Pre-seed

- **First round:** Round, $1.0B
- **Biggest round:** $2.6B
- **Usual gap between rounds:** 2.4 years

## The rounds

- **Nov 2024** Pre-seed **$5.0M** *2 new* [Lakestar](https://millionrounds.com/fund/lakestar) [Concept Ventures](https://millionrounds.com/fund/concept-ventures) Source recorded
- **Jul 2021** Venture **Amount undisclosed** No investor was named in the report. Source recorded
- **Jul 2019** Round **$2.6B** *1 new* *1 returning* [Ford Motor Company](https://millionrounds.com/fund/ford-motor-company) [Volkswagen](https://millionrounds.com/fund/volkswagen) Reported by Zdnet SEC filing: $27M sold, first sale Oct 2017
- **Feb 2017** Round **$1.0B** *1 new* [Ford Motor Company](https://millionrounds.com/fund/ford-motor-company) Reported by Forbes

## Who was in which round

The busiest backers across the latest rounds. A filled square is a round they joined; a dark one, a round they led.

**Round** 2017 **Round** 2019 **Venture** 2021 **Pre-seed** 2024 [Ford Motor Company](https://millionrounds.com/fund/ford-motor-company) [Lakestar](https://millionrounds.com/fund/lakestar) [Concept Ventures](https://millionrounds.com/fund/concept-ventures) [Volkswagen](https://millionrounds.com/fund/volkswagen)

## Everyone who backed them

[Ford Motor Company](https://millionrounds.com/fund/ford-motor-company) Growth equity **2** rounds

[Lakestar](https://millionrounds.com/fund/lakestar) VC firm **1** round

[Concept Ventures](https://millionrounds.com/fund/concept-ventures) VC firm **1** round

[Volkswagen](https://millionrounds.com/fund/volkswagen) VC firm **1** round

Missing a round, or an investor who was in one? [Tell us](https://millionrounds.com/corrections?slug=argo-ai).

## Quick answers about ARGO AI

### Who invested in ARGO AI?

ARGO AI's investors include Ford Motor Company, Lakestar, Concept Ventures and Volkswagen.

### How much has ARGO AI raised?

ARGO AI has raised $3.6B across 4 rounds since 2017. One round did not disclose an amount, so the total is a floor.

### When did ARGO AI last raise?

ARGO AI's most recent round was a Pre-seed of $5.0M in Nov 2024.

### What was ARGO AI's biggest round?

ARGO AI's largest round on record is $2.6B (Undisclosed round), in Jul 2019.

### Who backed ARGO AI first?

ARGO AI's first round on record, in Feb 2017, was backed by Ford Motor Company.

### What stage is ARGO AI at?

ARGO AI's latest named round is a Pre-seed, in Nov 2024.

### Where is ARGO AI based?

ARGO AI is based in the United Kingdom.

## Companies like ARGO AI

In the same sector, and raised in the last eighteen months.

[**Marrow** $2.0M · Oct 2026](https://millionrounds.com/company/marrow)[**Cognitive Credit** $64M · Oct 2026](https://millionrounds.com/company/cognitive-credit)[**Opply** $23M · Oct 2026](https://millionrounds.com/company/opply)[**XRlabs** $8.4M · Oct 2026](https://millionrounds.com/company/xrlabs)[**Salience Labs** $169M · Oct 2026](https://millionrounds.com/company/salience-labs)[**Affinity Labs** $3.2M · Oct 2026](https://millionrounds.com/company/affinity-labs)

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