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Venice AI

San Francisco, United States

series-a$65M raisedEnterprise SoftwareCrypto & Web3Generative AI

Total Raised

$65M

Stage

series-a

Location

San Francisco, United States

Founded

2024

Team size

51-200

Links

About Venice AI

Privacy-focused artificial intelligence startup that positions itself as a private and uncensored alternative to ChatGPT, offering access to over 200 AI models with end-to-end encryption and no user prompt storage.

What sets it apart

Venice AI is the only major AI service that never stores user prompts or responses on its servers, utilizing a Zero-Knowledge architecture where all data remains encrypted and local to the user's browser.

Sectors

Enterprise SoftwareCrypto & Web3Generative AIPrivacy Tech

Business

ModelSaaS

Customerprofessionals, researchers, creators, and developers seeking uncensored and private AI

Notable

  • Raised $65 million in Series A funding at a $1 billion valuation
  • Reached 3 million users in April 2026
  • Turned profitable in Q1 2026
  • Launched the VVV cryptocurrency token for decentralized compute access

Backing funds on Raise

Funding rounds

1 Jul 2026

Led by Dragonfly

With North Island Ventures, Coinbase Ventures, F-Prime, Archetype, Liquid2 Ventures, Morgan Creek

Source ↗

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FAQ

What does Venice AI do?

Privacy-focused artificial intelligence startup that positions itself as a private and uncensored alternative to ChatGPT, offering access to over 200 AI models with end-to-end encryption and no user prompt storage.

Where is Venice AI based?

Venice AI is based in San Francisco, United States, founded in 2024.

How much has Venice AI raised?

Venice AI has raised $65M in tracked funding and is currently at the series-a stage.

Who has invested in Venice AI?

Investors in Venice AI include Dragonfly, North Island Ventures, Coinbase Ventures, Archetype, Morgan Creek, Liquid2 Ventures and Founders' Co-op.