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April 21, 2025 - Deals
Goodfire Raises $50M In Series A Funding Led By Menlo Ventures At $200M Valuation
Goodfire, a San Francisco-based AI interpretability research company, raised $50M in Series A funding led by Menlo Ventures, with participation from Lightspeed Venture Partners, Anthropic, B Capital, Work-Bench, Wing, South Park Commons, and others. Founded by CEO Eric Ho, Goodfire is a public benefit corporation focused on decoding the internal workings of AI models through its flagship platform, Ember. The funding will support the company's expansion, continued research, and customer partnerships to develop tools that unlock AI’s inner logic and enable more transparent, controllable systems.
INVESTORS: Menlo Ventures, Lightspeed Venture Partners, Anthropic, B Capital, Work-Bench, Wing Venture Capital & South Park Commons
ROUND: Series A
AMOUNT: $50,000,000
VALUATION: $200,000,000
HQ: #SanFrancisco #California
#VentureCapital #Goodfire #EricHo #MenloVentures #LightspeedVenturePartners #Anthropic #BCapital #WorkBench #WingVentureCapital #SouthParkCommons #TradedVC
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Ramp Acquires Router.com To Launch AI Model Routing PlatformRamp acquired router.com and launched Router.com, an AI model routing platform designed to help companies reduce rising AI infrastructure costs by automatically selecting the lowest-cost model that meets performance requirements. Built internally over three years, Router has helped Ramp cut its own inference costs by about 30% and customers using the platform have reduced AI spending by 40% on average; Ramp did not disclose a funding raise related to the launch.
FOUNDERS: Eric Glyman, Karim Atiyeh & Gene Lee
HQ: New York City, New York
#VentureCapital #Ramp #Routercom #TradedVC
Asymm Secures $51 Million Investment From Khosla Ventures Interlagos Cantos AE Industrial Partners Hillspire Mantis Space CapitalAsymm has raised $51 million to build the foundation for a more stable world, with the round backed by Khosla Ventures, Interlagos, Cantos, AE Industrial Partners, Hillspire LLC, Mantis and Space Capital. Announcing the raise, the company said "Peace is possible" and framed the funding as the start of a broader effort, with more announcements expected to follow.
INVESTORS: Khosla Ventures, Interlagos, Cantos, AE Industrial Partners, Hillspire LLC, Mantis & Space Capital
AMOUNT: $51,000,000
#VentureCapital #Asymm #TradedVC