United States · Series E startup

Who invested in xAI

13 rounds we have observed, with the 42 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.

AIConstructionGenerative AI

Raised 9 months agoValuation: $24B, Oct 2024

Funding summaryUpdated 5 Nov 2026

$81Braised across 13 rounds since 2014, from 27 sources

$20BGrowth$20BSeries E
Latest round
Series E, $3.0BFeb 2026
Led by
HUMAIN
Biggest round
$20BSeries E · Oct 2025
Investors
42 (4 led)
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.

2014201620182020202220242026
$2.1MSeed$9.2MSeries A$23MRound$10MSeries B$5.0BSeries B$6.0BSeries C$3.0BSeries E
First round
Seed, $2.1M
May 2014
Biggest round
$20B
Series E · Oct 2025
Usual gap between rounds
3 months
the median of 11

The rounds

  1. Feb 2026
    Series E$3.0B1 new

    Reported by Ventureburn

  2. Oct 2025
  3. Jul 2025
    Round$12B

    No investor was named in the report.

    Reported by TechStartups

  4. Jun 2025
    Round$4.3B

    No investor was named in the report.

    Reported by TechCrunch and 1 other

  5. Jun 2025
    Round$300M

    No investor was named in the report.

    Reported by TechCrunch

  6. Apr 2025
  7. Feb 2025
  8. Dec 2024
  9. Oct 2024
  10. Aug 2017
    Series B$10M2 new2 returning

    Source recorded

  11. Jul 2016
    Round$23M4 new6 returning

    Source recordedSEC filing: $22M sold, first sale Apr 2016

  12. Jan 2015
    Series A$9.2M5 new1 returning

    From a historical funding recordSEC filing: $9.1M sold, first sale Dec 2014

  13. May 2014
    Seed$2.1M4 new

    From a historical funding recordSEC filing: $2.1M sold, first sale May 2014

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.

Everyone who backed them

Valor Equity PartnersVC firm5rounds, led 1
Sequoia CapitalVC firm4rounds
Andreessen HorowitzVC firm4rounds
Lerer HippeauVC firm3rounds
FidelityVC firm3rounds
FirstMarkVC firm3rounds
NVIDIACompany3rounds
IA VenturesVC firm3rounds
Qatar BanGrowth equity3rounds
BlackRockAsset manager2rounds
CrunchFundVC firm2rounds
SoftBank CapitalVC firm2rounds
Pritzker GroupPrivate equity2rounds
Industry VenturesVC firm1round, led 1
HUMAINVC firm1round, led 1
Two Sigma Investmentsno record of our own yet1round, led 1
DCM VenturesPrivate equity1round
SoftBankInvestment firm1round
CiscoCorporate VC1round
SoftBank BB CorpCorporate VC1round
Cisco InvestmentsCorporate VC1round
Two Sigma VenturesVC firm1round
ApolloPrivate equity1round
StepStone GroupFund of funds1round
Work-BenchVC firm1round
Vy CapitalVC firm1round
MGXGrowth equity1round
Matt TurckAngel1round
AMDGrowth equity1round
Baron CapitalVC firm1round
TeslaCorporate VC1round
Abu Dhabi's MGXGrowth equity1round
Diameter Capital Partners LpPrivate equity1round
Kingdom HoldingsGrowth equity1round
Luke Nosek of GigafundGrowth equity1round
OIAGrowth equity1round
Dennis Mortensenno record of our own yet1round
Dennis R. Mortensenno record of our own yet1round

Missing a round, or an investor who was in one? Tell us.

Also claim to have backed them

These 2 firms list xAI as a portfolio company on their own websites, but no report of a round names them. They are the firms' own claims, kept apart from the rounds above.

Yolo InvestmentsVC firmPer its own site
Asymmetric FinancialVC firmPer its own site

Quick answers about xAI

Who invested in xAI?

xAI's investors include Valor Equity Partners, Sequoia Capital, Andreessen Horowitz, Lerer Hippeau and Fidelity, and 37 more on record. HUMAIN led its latest round.

How much has xAI raised?

xAI has raised $81B across 13 rounds since 2014.

When did xAI last raise?

xAI's most recent round was a Series E of $3.0B in Feb 2026, led by HUMAIN.

What was xAI's biggest round?

xAI's largest round on record is $20B (Series E), in Oct 2025, led by Valor Equity Partners.

Who backed xAI first?

xAI's first round on record, in May 2014, was backed by Lerer Hippeau, SoftBank BB Corp and IA Ventures and 1 others.

What stage is xAI at?

xAI's latest named round is a Series E, in Feb 2026.

Where is xAI based?

xAI is based in the United States.

Who led xAI's rounds?

Two Sigma Investments led the funding round in 2016; Industry Ventures led the Undisclosed round in 2025; Valor Equity Partners led the Series E in 2025; HUMAIN led the Series E in 2026.

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