
The AI valuation premium stayed hot in 2024.
Median valuations for AI startups were between 24% and 200% (!) higher than their non-AI counterparts, depending on the stage.
(I would take that Series D figure with a little grain of salt, just because there weren't that many non-AI stories in late-stage this year)
𝗔𝗜 𝗩𝗮𝗹𝘂𝗮𝘁𝗶𝗼𝗻 𝗣𝗿𝗲𝗺𝗶𝘂𝗺 𝗯𝘆 𝗦𝘁𝗮𝗴𝗲
𝗦𝗲𝗲𝗱
$12.8M median pre-money valuation for Non-AI
$17.8M for AI
39% boost
𝗦𝗲𝗿𝗶𝗲𝘀 𝗔
$40M non-AI vs $49.5M AI
23.8% boost
𝗦𝗲𝗿𝗶𝗲𝘀 𝗕
$97.6M vs $137.1M
40.5% higher
𝗦𝗲𝗿𝗶𝗲𝘀 𝗖
$233.7M non-AI vs $315M AI
34.8% higher
𝗦𝗲𝗿𝗶𝗲𝘀 𝗗
$229M non-AI vs $689.9M AI
201% premium
Now this is across both hardware and software companies. AI is increasingly involved in both startup types, but shows up a little more frequently in software so far.
If there is a bubble in startups right now, this is it 😁
#startups #AI #venturecapital #valuations #founders
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