Fastest AI up 64x MoM: AI Marketplace is coming
Anthropic ARR crossing $875M
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Hi Friends, some good news for you in the New Year 2025: Anthropic, OpenAI’s competitor, is reportedly in late-stage discussions to secure up to $2 billion in funding.
Lightspeed Venture Partners is leading the funding round, valuing the company at an impressive $60 billion.
What stands out to me is its impressive annualized revenue of approximately $875 million, driven mainly by enterprise sales other than OpenAI’s Consumer Subscription.
Some other AI companies also shared good news for the year Review of 2024:
BigID ARR crossed $100M
BigID is a leading platform in data security, privacy, compliance, and governance. It utilizes AI technology to help organizations discover, manage, and protect sensitive data across the enterprise.
With its cloud-friendly approach, BigID provides a comprehensive solution for data visibility and control, enabling businesses to derive more value from their data. BigID competes with other privacy management solutions like OneTrust and TrustArc.
BigID became the first Data Security Posture Management (DSPM) provider to achieve $100M in revenue.
Solvely.ai ARR at $6M, up 6x yoy
Solvely.ai is an advanced AI-powered homework helper designed to assist students across various educational levels, from K-12 to graduate school. It provides step-by-step solutions for a wide range of subjects, including math, science, and liberal arts, making it a versatile tool for learners.
Solvely.ai serves as a comprehensive educational tool that not only helps students complete their homework but also fosters a deeper understanding of the material they are studying.
]This 4-person company will do $6M ARR this year, 2nd year in business, up 6x YoY. Raising $20M now.
AethirCloud ARR at $36M
AethirCloud is a pioneering company focused on building a decentralized cloud infrastructure (DCI) tailored for the demanding needs of gaming and artificial intelligence (AI).
AethirCloud's distributed cloud compute infrastructure provides secure, cost-effective access to enterprise-grade GPUs around the world. This infrastructure is designed to support a variety of applications, including gaming and AI, by offering powerful GPU compute solutions on-demand. The platform emphasizes low latency and high performance, which are critical for real-time applications like gaming and AI model training.
July 2024 marked a pivotal moment with Aethircloud reporting $36M in ARR. This milestone highlights the growing adoption and trust in Aethir’s decentralized edge computing solutions.
Mathos AI ARR grows at 10x in 2024
Mathos AI, also known as MathGPTPro, is an advanced AI-powered math solver and personalized tutor designed to assist students in solving complex mathematical problems. It aims to enhance understanding and improve academic performance in various math disciplines.
It is designed to empower over 2 million students globally, positioning itself as a more comprehensive solution than other popular math-solving applications like Photomath, Mathway, or Symbolab.
Some big milestones they achieved in 2024:
• 10x Revenue• 250x organic traffic from SEO
• Published on 𝗖𝗢𝗟𝗠 & 𝗖𝗩𝗣𝗥 & 𝗡𝗲𝘂𝗿𝗜𝗣𝗦
• Graduated from Y Combinator
• Mathos AI has crossed 𝟭𝗠 𝗠𝗔𝗨 (Monthly Active Users)
• Mathos AI has become 𝗽𝗿𝗼𝗳𝗶𝘁𝗮𝗯𝗹𝗲
Those good news reminds me of an essay written by a16z cofounder Marc Andreessen The only thing that matters in 2007.
What Marc Andreessen said is always in my mind:
The only thing that matters is getting to product/market fit. You can always feel product/market fit when it’s happening. The customers are buying the product just as fast as you can make it—or usage is growing just as fast as you can add more servers. Money from customers is piling up in your company checking account. You’re hiring sales and customer support staff as fast as you can. Reporters are calling because they’ve heard about your hot new thing and they want to talk to you about it. You start getting entrepreneur of the year awards from Harvard Business School. Investment bankers are staking out your house. You could eat free for a year at Buck’s.
Lots of startups fail before product/market fit ever happens.My contention, in fact, is that they fail because they never get to product/market fit.Carried a step further, I believe that the life of any startup can be divided into two parts: before product/market fit (call this “BPMF”) and after product/market fit (“APMF”).
When you are BPMF, focus obsessively on getting to product/market fit.Do whatever is required to get to product/market fit.
To me, paying customers is the clearest sign of perfect PMF alignment. A great example of this is the wave of AI coding tools led by Cursor, lovable and Bolt, all of which reached big milestones in ARR:
