Wirestock has secured $23 million in Series A funding to expand its business of supplying multi-modal data to AI labs. The company pivoted in 2023 to provide datasets of images, videos, and 3D content, working with over 700,000 artists and designers. This funding will be used to hire for research, engineering, and product roles, and to build enterprise software for AI labs. Wirestock currently supplies data to six major foundation model makers and has an annual revenue run-rate of $40 million. AI
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IMPACT Accelerates the availability of diverse, multi-modal data crucial for training more capable foundation models.
RANK_REASON Funding round of over $20M for an AI data provider.