Profound Reaches $1.8B Valuation with $180M Series D
aiinsider ·
Profound, an artificial intelligence marketing software startup, has secured a $180 million Series D funding round at a valuation of $1.8 billion. This latest investment comes less than seven months after the company closed a $96 million Series C round, highlighting rapid growth in the sector. The new round was led by Sequoia and Kleiner Perkins, with participation from existing investors such as Lightspeed Venture Partners, Khosla Ventures, and South Park Commons. Founded just two years ago, Profound initially started as an analytics platform before pivoting to help brands optimize their presence in AI-driven search results. The company operates within the generative engine optimization space, assisting businesses in ensuring their products appear prominently in consumer-facing AI systems rather than traditional search engines. Profound reports that its revenue has tripled over the past six months, reflecting strong market demand for its services. Currently, the startup serves more than 1,000 enterprise customers, including major corporations like Comcast, The Estée Lauder Companies, and Walmart.
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