Announced
Completed
Financials
Sources
Tags
Private
Digital Services
data labeling
Venture Capital
Private Equity
Completed
Domestic
Minority
Single Bidder
United States
Acquisition
Friendly
Synopsis
Dragoneer Investment Group, Greenoaks Capital and Tiger Global led a $325m Series E round in Scale AI, a startup that labels datasets for AI training, with participation from Wellington Management, Durable Capital, Coatue Management, Founders Fund, Index Ventures and Y Combinator. "The AI industry is at an inflection point where every business is looking to implement an AI strategy and we are starting to see a real-world impact. We believe Alex and his team at Scale have been critical to enabling businesses across industries reap the full benefits of AI and are taking the industry from proof of concept to reality," Neil Mehta, Greenoaks Capital Founder and Managing Partner.
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