United States · 
Who invested in Read AI?
Read AI's investors include Smash Capital, Goodwater Capital, Madrona Venture Group and PSL Ventures. Smash Capital led its latest round.
United States · Series B startup
Who invested in Read AI
One round we have observed, with the 4 investors named in it. Every figure came from a named source, and where the company reported a raise to the SEC itself, that is shown beside it.
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Funding summaryUpdated 15 Nov 2026
$50Mraised across 1 round since 2024, from 1 source
- Latest round
- Series B, $50MOct 2024
- Led by
- Smash Capital
- Investors
- 4 (1 led)
The rounds
- Oct 2024Series B$50M
Reported by TechCrunchSEC filing: $50M sold, first sale Sept 2024
Funding filed with regulators
Read AI filed 3 raises, $81M in all. Filings say how much was sold and to how many investors; they never name the investors.
- Sept 2024$50MSEC Form D
- Feb 2024$21MSEC Form D
- May 2021$10.0MSEC Form D
Founders and team
From Read AI's own website: 3 founders.
David ShimCo-Founder, CEO
Rob WilliamsCo-Founder, CTO
Elliott WaldronCo-Founder, VP of Data Science
Everyone who backed them
Missing a round, or an investor who was in one? Tell us.
Quick answers about Read AI
How much has Read AI raised?
Read AI has raised $50M across 1 round since 2024.
When did Read AI last raise?
Read AI's most recent round was a Series B of $50M in Oct 2024, led by Smash Capital.
What was Read AI's biggest round?
Its most recent round, $50M in Oct 2024, is also its largest on record.
Who backed Read AI first?
Read AI's first round on record, in Oct 2024, was backed by Smash Capital, Goodwater Capital and Madrona Venture Group and 1 others.
What stage is Read AI at?
Read AI's latest named round is a Series B, in Oct 2024.
Where is Read AI based?
Read AI is based in the United States.
Who led Read AI's rounds?
Smash Capital led the Series B in 2024.
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In the same sector, and raised in the last eighteen months.
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