Run:ai Raises $75M in Series C Round to Accelerate AI Adoption Worldwide

Run:ai, the company simplifying AI infrastructure orchestration and management, today announced that it has raised $75M in Series C round led by Tiger Global Management and Insight Partners, who led the previous Series B round. The round includes the participation of additional existing investors, TLV Partners and S Capital VC, bringing the total funding raised to date to $118M. Run:ai has grown sharply, with a 9x increase in Annual Recurring Revenue in the last year, while the company's staff more than tripled over the same period. The company plans to use the investment to further grow its global teams and will also be considering strategic acquisitions as it develops and enhances the company's Atlas software platform. Omri Geller, Run:ai CEO and co-founder, said, "It may sound dramatic, but AI is really the next phase of humanity's development. When we founded Run:ai, our vision was to build the de-facto foundational layer for running any AI workload. Our growth has been phenomenal, and this investment is a vote of confidence in our path. Run:ai is enabling organizations to orchestrate all stages of their AI work at scale, so companies can begin their AI journey and innovate faster."