Venice AI
Summary active Updated Jul 1, 2026This profile is AI-generated. If you spot an error, please help us fix it by sharing a URL to the correct information.
Founders
About
Venice AI is a privacy-first AI platform that gives users access to more than 200 open- and closed-source AI models while providing encrypted, zero-retention inference 12. Model responses stream directly to the user’s browser and are not stored on Venice’s servers; paid subscribers can access end-to-end encrypted modes on select models 1. The company was launched in 2024 by Erik Voorhees, an early bitcoin advocate who previously founded Satoshi Dice and cryptocurrency exchange ShapeShift 1. Venice reports more than 3 million active users, roughly 1.7 million average daily API calls, and $70M in annualized run-rate revenue at the time of its Series A 12.
Disclaimer: This is a lean profile built from initial round coverage and may be expanded as more information becomes available.
Funding History
| Date | Round | Amount | Lead | Co-investors |
|---|---|---|---|---|
| 2026-07-01 | Series A | $65M ($1B valuation) | Dragonfly | Coinbase Ventures, F-Prime, North Island Ventures 1234 |
What Investors Say
No independently sourced investor quotes found at this time beyond funding announcement coverage.
What Founders Say
“Intelligence, the lifeblood of civilizational advancement, is becoming a collaboration between man and machine. Venice’s mission is to protect it from mass surveillance and censorship.” — Erik Voorhees, Founder & CEO, Venice AI, Series A announcement, July 1, 2026 2
Sources
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TechCrunch, “Venice AI becomes a unicorn with $65M Series A as its privacy-first AI platform takes off,” July 1, 2026. Accessed July 2026. https://techcrunch.com/2026/07/01/venice-ai-becomes-a-unicorn-with-65m-series-a-as-its-privacy-first-ai-platform-takes-off/↩↩↩↩↩
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Venice.ai, “Venice Raises $65 Million Series A at a $1 Billion Valuation,” July 1, 2026. Accessed July 2026. https://venice.ai/blog/venice-raises-65-million-series-a↩↩↩↩
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Bloomingbit, “Venice AI Raises $65 Million in Series A, Reaches $1 Billion Valuation,” July 2026. Accessed July 2026. https://en.bloomingbit.io/feed/news/115417↩
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Unite.AI, “Venice AI Raises $65M at $1B Valuation as Private AI Moves Into the Mainstream,” July 1, 2026. Accessed July 2026. https://www.unite.ai/venice-ai-raises-65m-at-1b-valuation-as-private-ai-moves-into-the-mainstream/↩