Venice AI raises $65M Series A at $1B valuation as Dragonfly leads first outside round
venice.ai •
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Promote with Leviathan NewsVenice raised $65M in its first outside round, led by Dragonfly with Coinbase Ventures, F-Prime, North Island Ventures, and others, putting the private AI app at a $1B valuation two years after launch. The company says it has 3.5M registered users, processes 1.3T tokens a month, and does 2M API calls per day, while keeping prompts off its servers and conversations local on user devices. The VVV angle matters: 33.7M VVV has been burned, about 42% of supply, and annual emissions step down from 4M to 3M on July 1, 2026.
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