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Venice AI

Private, uncensored AI platform — encrypted, no-logs access to open-source and frontier models.
Venice AI is a privacy-first AI platform founded by crypto veteran Erik Voorhees and Jesse Proudman that hosts uncensored open-source models on its own infrastructure and routes to closed frontier models, with all input encrypted and no data retained. Its $65M Series A in July 2026 — first external raise, led by Dragonfly with Coinbase Ventures and North Island Ventures — valued it at $1B. The company reports ~$70M annualized run-rate revenue, 3.5M+ registered users, 1.3T tokens/month, and profitability since Q1 2026.
Artificial Intelligence 📍 Seattle, WA Founded 2023
Current Valuation
$1.0B
as of 2026-Q3
UNICORN

QL Price

$1.0B
0% vs last round
QuantLogix's current estimate for Venice AI, published 2026-09-05 — in line with the last disclosed round of $1.0B (2026-Q3).
Confidence
low
Basis
round anchored
What backs this price
Last disclosed round $1.0B 2026-Q3 weight 1
How this price has held up
No round has priced for Venice AI since QuantLogix began publishing a price for it, so there is nothing to grade yet. The claim above is on the record from 2026-09-05 and will be graded against the next priced round. See the full accuracy record →
How to actually get exposure to Venice AI →
Which publicly-traded funds already hold it, what $10,000 buys, and whether any route is open to you.
Cite this price as QuantLogix QL Price, Venice AI, 2026-09-05 (3549da77615a0a34). The id pins this exact claim, so a citation stays checkable after the price moves. Model estimate for research — not a quote, target price, or investment advice.

IPO Outlookprivate

Is Venice AI going public?
No. Venice AI is private and has not filed to go public. There is no S-1 on file.
What is Venice AI's valuation in 2026?
Venice AI is valued at $1.0B as of 2026-Q3, set by its Series A ($65M, Jul 2026). That is the last confirmed mark, not a live price — private shares do not trade continuously.
Has Venice AI filed an S-1?
No public S-1 is on file for Venice AI.
Who are Venice AI's investors?
Venice AI's investors include Dragonfly, Coinbase Ventures, North Island Ventures.
Answers are derived from the roster record shown on this page — filing status, last round and confirmed marks. Where the record is silent, the answer says so rather than guessing.

Company Profile

CEO
Erik Voorhees
Founded
2023
HQ
Seattle, WA
Total Raised
$65M
Est. Revenue
$70M (2026-Q3)
Growth
~$70M ARR, profitable since Q1 2026
Last Round
Series A — $65M (Jul 2026) · Lead: Dragonfly
IPO Status
private

Fundraising Status

Series A · $65M · 2 mo ago
privateTotal raised $65M1 disclosed rounds

Series A Impact

Round Size
$65M
Primary financing announced
Post-Money Valuation
$1.0B
Company-announced mark
Round / Post-Money
6.5%
New capital ÷ post-money
Disclosed Funding
$65M
Cumulative disclosed rounds
Step-up compares disclosed post-money valuations. Round / post-money is a financing-size ratio, not an ownership or dilution estimate.

Funding History

RoundAmountDateLead InvestorPost-Money
Series A$65MJul 2026Dragonfly$1.0B

Vertical Intelligence — AI / ML

No verified Hugging Face organization found for Venice AI — no attributable open-model footprint. Closed-weights labs are common; this is a distribution signal, not a capability judgment.
Checked huggingface.co as of 2026-09-03. Re-checked weekly.

Talent Signal

Hiring trend
▲ Hiring uptrend
100% of roles posted in last 30d
Open roles
2
via greenhouse
Product-build share
100%
engineering, research, product, design
Trajectory
expanding
heavy product build — 100% of open roles are product-building functions (engineering/research/product) — 1 of 2 open roles are research.
No tracked executive churn; open roles trending up.
Open roles by month
Open roles by month2Aug '26
Open roles by function
Open roles by functionResearch1Engineering1
■ product-building   ■ go-to-market / G&A
Senior Data Scientist, Business AnalyticsSenior Network Infrastructure Engineer
Counted from Venice AI's live job board as of 2026-08-17; role functions classified from posting titles. Open-role counts are an activity signal, not headcount. Refreshed monthly.

Founders & Key People

Erik VoorheesJesse Proudman

Investors

Dragonfly · Coinbase Ventures · North Island Ventures

Products

  • Venice private AI chat
  • Uncensored open-source model hosting
  • Client-side encrypted model proxy
  • Venice API

Competitors

OpenAI (ChatGPT) · Anthropic (Claude) · Perplexity · DuckDuckGo AI · Brave Leo
aiprivacyopen-sourcecryptollm
Private-company numbers are not real-time. Reflects publicly disclosed valuations from press releases, news reports, and tender offers as of 2026-Q3. Refreshed quarterly.