The Race for AI Dominance: 9 US Startups Raise Over $100M in 2025

The artificial intelligence (AI) industry in the United States has seen remarkable growth and investment in the past year. According to data from TechCrunch, there were a staggering 49 startups that raised funding rounds worth $100 million or more in 2024. Even more impressively, 7 companies were able to secure rounds of $1 billion or larger.

So how does 2025 stack up so far? It's still early in the year, but the AI startup funding frenzy shows no signs of slowing down. In fact, we've already seen 9 US-based AI companies raise over $100 million in the first few months of 2025.

Let's take a closer look at these AI juggernauts and the massive funding rounds they've secured:

Anthropic - $3.5 Billion Series E

Anthropic, an AI research and large language model company, raised a massive $3.5 billion Series E round in March. The round, led by Lightspeed, values the startup at a staggering $61.5 billion.

Together AI - $305 Million Series B

Together AI, which develops open source generative AI and AI model infrastructure, raised a $305 million Series B in February. The round was co-led by Prosperity7 and General Catalyst.

Lambda - $480 Million Series D

AI infrastructure company Lambda brought in $480 million in a Series D round in February, co-led by SGW and Andra Capital. This values the startup at nearly $2.5 billion.

Abridge - $250 Million Series D

Abridge, an AI platform that transcribes patient-clinician conversations, was valued at $2.75 billion after raising a $250 million Series D round in February. The round was co-led by IVP and Elad Gil.

Eudia - $105 Million Series A

Eudia, an AI legal tech company, raised a $105 million Series A round in February, led by General Catalyst.

EnCharge AI - $100 Million Series B

AI hardware startup EnCharge AI, founded in 2022, brought in $100 million in a Series B round led by Tiger Global.

Harvey - $300 Million Series D

AI legal tech company Harvey raised a $300 million Series D round in February, led by Sequoia. This values the 3-year-old startup at $3 billion.

ElevenLabs - $180 Million Series C

Synthetic voice startup ElevenLabs secured a $180 million Series C round in January, co-led by ICONIQ Growth and Andreessen Horowitz.

Hippocratic AI - $141 Million Series B

Hippocratic AI, which develops large language models for healthcare, announced a $141 million Series B round in January, led by Kleiner Perkins.

These funding rounds demonstrate the immense investor appetite for innovative AI technologies across a wide range of industries - from natural language processing and generative AI to specialized healthcare and legal applications. The race for AI dominance is in full swing, and these 9 startups are leading the charge. It will be exciting to see how they leverage this capital to drive further advancements in the rapidly evolving world of artificial intelligence.