TypeSafe AI Raises $870 Million Led By Andreessen Horowitz At $7.5 Billion Valuation

TypeSafe AI, the San Francisco-based startup behind AI model Jev, raised $870 million at a $7.5 billion valuation in a round led by Andreessen Horowitz, with participation from Sequoia Capital and angel investors. Co-founder Diogo Almeida, a former OpenAI researcher who helped develop ChatGPT, launched Jev on Sept. 15; the model connects to software to automate decisions such as customer service ticket routing, request approvals and insurance underwriting. The raise comes less than a month after TypeSafe emerged from stealth with a $40 million seed round led by DCVC, following Jev's viral launch and rapid adoption, with the company reporting more than 1 million users and usage across roughly a third of Fortune 500 companies. FOUNDERS: Diogo Almeida, Sasha Sheng & Erik Gafni INVESTORS: Andreessen Horowitz, Sequoia Capital & DCVC AMOUNT: $870,000,000 VALUATION: $7,500,000,000 HQ: San Francisco, California #VentureCapital #TypeSafeAI #DiogoAlmeida #TradedVC