Overview
- Multiple outlets this week, citing Forbes and unnamed sources, reported that AfterQuery has raised a Series B that values the company at $3.2 billion, though the round has not been publicly closed and the company declined to comment.
- The reported figure would mark a faster-than-tenfold increase from a $300 million valuation in April and prompted a Y Combinator partner to call it the accelerator’s quickest path to unicorn status.
- Founders have said annual recurring revenue rose from about $100 million in April to the “hundreds of millions” by July, and one unnamed source told reporters the company may already be profitable and has a lead investor lined up.
- AfterQuery sells high-fidelity training datasets and reinforcement‑learning environments made by verified professionals—doctors, lawyers, engineers and others—and counts labs and firms such as Nvidia, Thinking Machines Lab and Legora as clients.
- The reported deal underscores a broader shift in the AI market toward buying domain-specific human judgment data, which raises competition among data providers and could push more labs to pay for scarce, expert-produced training material.