We’ve raised another $1 billion to back the next generation of applied AI startups

Published on Apr 07, 2025

We’ve raised another $1 billion to back the next generation of applied AI startups

Today, we’re proud to share that we’ve closed on over $1 billion in fresh capital, bringing our total assets under management (AUM) to ~$3 billion. With this vintage of funds, we’re thrilled to have the opportunity to partner with the next generation of applied AI founders working to build innovative technologies in industries like healthcare, cybersecurity, infrastructure, consumer, and other enterprise verticals. 

We founded SignalFire in 2013, when most investors dismissed the idea that machine learning could be applied to early-stage investing. That early conviction in AI for venture capital (VC) turned into a 12-year head start for our team, which now leads the industry in applying this technology to all aspects of the VC process—from deal sourcing and execution to value creation for our portfolio companies.

To our earliest backers and newest partners—thank you for believing in us. We can’t wait for what’s to come. 

Why we’re all-in on applied AI

We first built SignalFire as an applied AI company, using data and novel machine-learning techniques to disrupt the VC industry. Since then, we’ve seen firsthand how AI can transform other spaces, from medical coding(CodaMetrix) to personal injury law (EvenUp), writing and productivity (Grammarly), and beyond. The innovation we invest in goes far beyond better algorithms—it’s about reshaping markets and making breakthroughs more accessible to everyone.

We’re solidifying our commitment to applied AI as the defining opportunity of our time. We intend to remain hyper-focused on founders at the earliest stages (pre-seed through Series B), helping them grow from ideation to industry leadership.

Our secret weapon: Beacon AI

A big part of our story is Beacon AI, our proprietary machine-learning platform, which we’ve been refining for over a decade. Think of Beacon as an intelligence engine built on data from 650+ million individuals and 80+ million organizations. We use it to spot emerging talent, track market trends, and help our portfolio companies build teams and products faster.

We’ve always operated like a tech company, using Beacon AI to develop AI products for internal use and to build tools for our portfolio companies. That means our team is AI-native to the core—we have a robust engineering team (see our blog, “Why our venture firm has a CTO”) and use the same tools and infrastructure as the startups we back.

A force multiplier for founders 

With the fresh capital we’re announcing today, we’ll continue searching for the most disruptive founders making early-stage breakthroughs that will reshape entire categories—and then we’ll help them get there faster.

We're not just writing checks. We provide a launchpad, connecting founders with the talent, insights, and operational expertise that make or break a company.

One of our portfolio founders, Rami Karabibar of EvenUp, put it best: 

"SignalFire has been the most helpful investor on our cap table, hands down. Their strategic guidance and hands-on support have been instrumental in helping us scale faster and smarter."*

That’s the value we aim to add: part investor, part co-pilot, always ready to roll up our sleeves and work alongside founders.

(From L-R) Ilya Kirnos, founding partner & CTO, SignalFire; Chris Farmer, founder & CEO, SignalFire; Chris Scoggins, partner, SignalFire; Wayne Hu, partner, SignalFire

Thank you to everyone—our investors, founders, mentors, and friends—who believed in this AI-first journey. We’re excited to keep building with you to fuel the next wave of AI innovation. 

Finally, to the builders: We back relentless innovators and contrarians who see the world not as it is but as it could be. If you’re a founder looking to reimagine an industry or an operator ready to tackle tough problems, we want to hear from you. 

Check out our official press release here.

*Portfolio company founders listed above have not received any compensation for this feedback and may or may not have invested in a SignalFire fund. These founders may or may not serve as Affiliate Advisors, Retained Advisors, or consultants to provide their expertise on a formal or ad hoc basis. They are not employed by SignalFire and do not provide investment advisory services to clients on behalf of SignalFire. Please refer to our disclosures page for additional disclosures.

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