Liquid AI
Private venture-funded AI lab; monetizes via enterprise licensing of on-prem/edge models, cloud API access, and co-development/consulting (e.g., automotive, commerce). Pre-scale, not yet profitable.
Two real priced rounds; ~7.8x step-up from the ~$303M seed valuation (Dec 2023) to ~$2.35B post at Series A (Dec 2024). No Series B or secondary disclosed as of mid-2026; ~$2.35B remains the latest priced mark. Seed valuation is the disclosed post-money; the ~$37.6M vs ~$46.6M spread reflects an initial announcement later revised to total disclosed.
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Earnings, margins & COGS, the income-statement breakdown, SWOT, moats & dependencies, the supplier–customer ecosystem graph, top signals & trends, and the valuation range.
- Income statement & margin structure
- SWOT, moats & dependency map
- Supplier–customer ecosystem graph
- Signals, trends & valuation range