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US · AI Data Infrastructure

Scale AILate-stage

A data-labeling and data-infrastructure company that prepares and curates training data, and evaluates and fine-tunes models, to support the end-to-end AI/machine-learning development lifecycle.

$29.0B
last priced round · Strategic (Meta, 49% non-voting), Jun 12, 2025
Current estimate $29.0B · low confidence · Meta's $14.3B strategic stake (Jun 2025) remains the only mark on record; no new round or secondary has priced since
$29.0B
Last round · 2025-06-12
2
Rounds tracked
+0% 1Y
Trailing return

Named as a constituent of Hiive50 Index — a fact about the index, not an endorsement.

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50.3
PrePost Index · out of 100

PrePost's proprietary index, combining capital-raising momentum, market-pricing confidence, and investor strength into one comparable score from 0 to 100. It lets you compare companies on those three measures; it is not a rating of the investment. How it works

Scale AI valuation history

Founder Alexandr Wang left to lead Meta Superintelligence Labs after the deal closed; Jason Droege served as interim CEO until Francis deSouza (former Google Cloud COO/President of Security Products; former Illumina CEO) was named permanent CEO effective Aug 10, 2026 -- a credibility-rebuilding hire. Google, OpenAI, and xAI reportedly cut or reduced contracts with Scale within weeks of the Meta deal, wary of routing data through a Meta-aligned vendor -- a real, tier-1-confirmed headwind against the frozen $29B mark. The company is pivoting toward enterprise/government revenue (DoD 'Project Thunderforge' ~$500M, BP, Mayo Clinic), guiding to >$1B 2026 revenue. No new priced round or IPO filing confirmed since the June 2025 Meta deal; scattered claims online of a 2026 S-1 filing and a 'Series G' trace only to low-quality aggregator sites and are internally inconsistent -- treat the $29B mark as stale and untested by any new money, not as confirmed or markedly changed.