What is Hive?
Hive is recognized as a leading provider of cloud-based AI solutions designed for content understanding, search, and generation. The company serves hundreds of the world's largest organizations, empowering developers with a suite of pre-trained AI models that process billions of customer API requests monthly. Hive also offers specialized software applications, leveraging its proprietary AI models and datasets to address critical use cases such as content moderation, brand protection, sponsorship measurement, and context-based ad targeting. Its solutions are instrumental in transforming how businesses manage and leverage content across various industries.
How much funding has Hive raised?
Hive has raised a total of $153.6M across 4 funding rounds:
Series A
$18.1M
Series B
$13.5M
Series C
$37M
Series D
$85M
Series A (2016): $18.1M with participation from General Catalyst, Eniac Ventures, Founders Fund, 8VC, Dan Rumennik, and Rocketship.vc
Series B (2018): $13.5M led by 8VC, General Catalyst, Tomales Bay Capital, and Bracket Capital
Series C (2020): $37M supported by Bain & Company, Tomales Bay Capital, Jericho Capital, Venture Visas, and General Catalyst
Series D (2021): $85M featuring Jericho Capital, General Catalyst, Tomales Bay Capital, Bain & Company, and Glynn Capital
Key Investors in Hive
Jericho Capital
Jericho Capital is an asset management firm established in 2009, focusing on public equity markets. Based in New York, it invests in pooled investment vehicles and public equities.
General Catalyst
General Catalyst is a venture capital firm that supports transformational business opportunities across various sectors and stages. It partners with entrepreneurs to accelerate growth and build enduring enterprises.
Tomales Bay Capital
Tomales Bay Capital is a global growth investment firm employing a concentrated strategy to invest in innovative companies at critical growth junctures, fostering long-term partnerships with founders.
What's next for Hive?
The recent major strategic investment signals a pivotal phase for Hive, likely indicating a focus on scaling its operations, expanding its market reach, and further innovating its AI technologies. With a strong foundation built on significant prior funding rounds, including Series A through Series D, Hive is well-positioned to accelerate its product roadmap and solidify its leadership in the AI solutions sector. The company's trajectory suggests a continued emphasis on enterprise adoption and the development of advanced AI capabilities to meet evolving market demands.
See full Hive company page
