Proximal, a coding-data supplier to AI labs, raises at a $300M valuation with $200M ARR
steph_palazzolo · x · 2026-09-29
Proximal, a year-old startup that supplies coding training data to frontier AI labs, has raised from General Catalyst at a $300 million valuation.
In the last 10 months it has surpassed $200 million in annualized revenue, underscoring the labs' never-ending appetite for training data.
More from Venture
- Musk: SpaceX to hit $100B+ ARR by December, 'not a question mark' — XFreeze · 2026-09-30
- Gary Marcus: Expected-Value Math Shows Anthropic Can't Justify a $2T Valuation — GaryMarcus · 2026-09-30
- Andrew Ng-backed skills platform Workera acquired by Pearson — kiankatan · 2026-09-29
- Applied Compute: three OpenAI alumni, $80M, and enterprise custom models — ypatil125 · 2026-09-29
- Anthropic S-1: $8B operating loss in 2025, $518B in compute commitments — Exponential View (Azeem Azhar) · 2026-09-29
- Hugging Face acquired by NVIDIA, Delangue says it can now give talent a decade to make open-source AI win — huggingface · 2026-09-29