Venice AI Raises $65M at Unicorn Valuation

Venice AI secured a Series A round of sixty-five million dollars, achieving unicorn status with a one billion dollar valuation. Founded by Erik Voorhees and Jesse Proudman in May 2024, the company routes queries to over two hundred models without logging prompts on its servers. Dragonfly led the investment alongside Coinbase Ventures, F-Prime Capital, North Island Ventures, Morgan Creek, Archetype, Liquid2 Ventures, Founders Fund, and others.