Profound Secures $96M Funding at $1B Valuation for AI Monitoring Platform
Profound has raised $96 million in a Series C funding round, achieving a valuation of $1 billion. The funding aims to enhance its AI visibility monitoring and automation platform for enterprise usage and to expedite the development of its analytics and AI-driven workflow capabilities. The round was led by Lightspeed Venture Partners, with participation from existing investors including Sequoia Capital and Kleiner Perkins.
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Profound raised $96 million in a funding round, reaching a $1 billion valuation to enhance its AI discovery monitoring platform. This funding will support the expansion of AI visibility monitoring and automation to facilitate greater enterprise application and accelerate analytics and AI-driven workflow development.
The platform queries multiple AI answer engines to analyze outputs, sentiment, and context. The Series C round was led by Lightspeed Venture Partners, with participation from Sequoia Capital, Kleiner Perkins, and others, bringing Profound's total funding to $155 million.
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