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Together AI

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Together AI runs a GPU cloud and inference platform for training and serving open-source AI models.

sentiment mix
bull 50%bear 0%neu 50%

funding rounds

private markets
latest round
Series B extension
Jul 2026 | $800M
post-money valuation
not disclosed
not disclosed
total raised
$1.3B+ disclosed
2 disclosed rounds | updated 2026-07-09
round progression
Series B
Feb 2025
$305M
Series B extension
Jul 2026
$800M
lead investors
  • not disclosedlead
dateroundamountvaluationinvestors
Jul 2026Series B extension$800Mnot disclosednot disclosed
Feb 2025Series B$305M$3.3B post-moneyGeneral Catalyst, Prosperity7 Ventures

signal summary

latest high-conviction thesis
Together AI grew bookings from $100M to $1.2B in a year, raised $800M Series B▾

Open-weight models have closed the gap with closed models; enterprise demand for cost optimization and data sovereignty drives stampede to open models; Together's inference cloud captures this shift.

vipulT2TBPN2026-07-02
confidence 78 / 100impact High
key themes
  • AI Infrastructure83%
  • Semiconductors83%
  • Open Source AI67%
  • AI Economics & Business Models50%
  • Data Center Infrastructure50%

bull thesis · 3

87 / 100
  • •Together AI uses Parallel Kittens to optimize inference workloads
  • •Together AI highlighted as 'very underrated' in portfolio
  • •Together AI grew bookings from $100M to $1.2B in a year, raised $800M Series B

bear thesis · 0

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  • — none —

mentions · 6

The InformationOpenAI Astra Sparks AGI Debate, Anthropic Pushes Into Payments & How AI Threats Shift Budgets1 mentions · 0▲ 0▼ 1○ · 16 days ago
0:008:0017:0026:0035:00
Y CombinatorMulti-GPU Kernels, Intelligence per Watt, Heterogeneous Inference, and More | YC Paper Club1 mentions · 1▲ 0▼ 0○ · 2 months ago
0:007:0015:0022:0030:00
SemiAnalysisEp. 020 - Anthropic vs OpenAI Usage, Margins, Meta Compute, Future of MSL (Tokenomics)1 mentions · 0▲ 0▼ 1○ · 2 months ago
0:0010:0020:0030:0040:00
20VCAre OpenAI & Anthropic Overvalued? The Open-Source AI Reality with Fireworks AI, Lin Qiao1 mentions · 0▲ 0▼ 1○ · 2 months ago
0:0016:0032:0048:001:05:00
Sourcery VC"Dig Through Your Couches. SpaceX Needs It." Cyan Banister on Luke Nosek's Pitch1 mentions · 1▲ 0▼ 0○ · 3 months ago
0:0018:0037:0056:001:15:00
TBPNFable Unbanned, Lab Nationalization, End of Paper-Based Retirement, SpaceX Phone1 mentions · 1▲ 0▼ 0○ · 3 months ago
0:0016:0032:0048:001:05:00