Scale AI, Inc. announced that it has received $1,000,000,000 in a round of funding led by returning investor, Accel Partners on May 21, 2024. The transaction included participation from returning investors, Y Combinator Management, LLC, Nat Friedman, Index Ventures SA, The Founders Fund, LLC, Coatue Management, L.L.C., Thrive Capital Management, LLC, Spark Capital Partners, LLC, NVIDIA Corporation, Tiger Global Management, LLC, Greenoaks Capital Partners LLC, Wellington Management Group LLP, and new investors, Cisco Investments, DFJ Growth Management, LLC, Intel Capital Corporation, ServiceNow Ventures, ServiceNow Ventures, WCM, Amazon.com, Inc., Elad Gil, and Meta Platforms, Inc. The company has raised the funding through the mix of primary and secondary financing which brought its valuation to $13,800,000,000.
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