Hive AI to Seek $200 Million in Funding and Valuation Jump
- Valuation expected to be more than last round’s $2 billion
- Content moderation startup’s backers include General Catalyst
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Hive AI, a software company that uses artificial intelligence to moderate digital content, is seeking to raise $200 million, according to people familiar with the matter.
The valuation is expected to be greater than the $2 billion the company was valued at in 2021. Hive’s valuation, which hasn’t been set, could end up being closer to $4 billion, said the people, who asked not to be identified because the discussions aren’t public.