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      Character.AI's Logo

      Character.AI - Series A

      Overview Investors Founders Company Profile / Project Introduction

      Overview

      Funding Date

      March 23, 2023

      Financing amount

      $150M

      Valuation

      $1B

      Catagory

      Others

      Subcategory

      AI

      About Character.AI - Series A

      Character.AI today announced it has closed a $150 million Series A fundraising round at a $1 billion valuation led by Andreessen Horowitz (a16z) with participation from previous investors, including Nat Friedman (former GitHub CEO), Elad Gil, SV Angel and A Capital. Andreessen Horowitz General Partner Sarah Wang will join Character.AI’s board of directors. The funds raised allow Character.AI to continue its significant growth trajectory by expanding its compute abilities resulting in a more sophisticated model with advanced reasoning and greater accuracy, delivering new features and capabilities to users, and expanding its engineering team.

      Investors

      InvestorsTypeLocationYear Founded#Portfolio CompaniesEmail AddressSocials
      Fund United States of America 2009 143 businessplans@a16z.com
      Angel Investor United States of America -- 5 --
      Angel Investor United States of America -- 19 --
      Fund United States of America 2009 29 --
      Corporate United States of America 2014 7 --

      Founders & Team

      Noam Shazeer's Logo

      Noam Shazeer

      Daniel De Freitas's Logo

      Daniel De Freitas

      Company Profile / Project Introduction

      Founded in 2021 by artificial intelligence researchers and former Google engineers Noam Shazeer and Daniel De Freitas, Character.AI is a conversational artificial intelligence platform that uses large language models, deep learning algorithms that can recognize, summarize, translate, predict, and generate text and other content, to provide individuals with a personalized artificial intelligence experience. The platform lets anyone create and engage with Characters, allowing users to build their own, personalized use cases and share them with others.

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      *Fundraising Announcement: Click here