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Tiger Global led a $115m Series D round in Scale AI.

Financials

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Transaction Value£86m
Consideration TypeCash
Capital Owned-
Capital Bid For-
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

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Private

data labeling

Private Equity

Completed

Digital Services

United States

Acquisition

Single Bidder

Venture Capital

Domestic

Minority

Friendly

Synopsis

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Investment firm Tiger Global led a $115m Series D round in Scale AI, a data labeling startup. "Four years ago, we recognized this problem and sought to unlock the bottlenecks holding back AI development. We started by building a platform that solves the necessary, foundational layer that fuels all machine learning models: large annotated datasets. Our solution gives developers the ability to send data to our platform through the Scale API and receive high-quality training data that’s ready for building production-grade AI algorithms," Scale AI.

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