Thinking Machines Lab valuation, funding and revenue

What is Thinking Machines Lab's valuation?

Thinking Machines Lab was valued at $12B in July 2025, the company said (techcrunch.com). A private company's valuation is set when it raises money, so it can be well out of date between rounds.

How much funding has Thinking Machines Lab raised?

No public source states Thinking Machines Lab's total funding. The rounds below are the ones we could confirm; there may be others. The latest round was a $2B Seed in July 2025, led by Andreessen Horowitz.

What is Thinking Machines Lab's revenue?

• More than $100M annualized revenue in September 2026, according to press reports (techcrunch.com).

ARR (annual recurring revenue) is the yearly value of current subscriptions; annualized revenue scales a recent month or quarter up to a year. Neither is audited revenue. See what ARR is.

Thinking Machines Lab website traffic

Estimated monthly visits to thinkingmachines.ai across all channels, rounded. -1% over three months to August 2026.

Thinking Machines Lab competitors

AI companies in the same category (AI developer tools companies) with a similar amount of website traffic. Similar size and category do not mean identical products; check what each one sells.

• Fireworks AI

  fireworks.ai · 710K visits a month

• Glide Apps

  glideapps.com · 680K visits a month

• Cohere

  cohere.com · 610K visits a month

• Graphite

  graphite.com · 500K visits a month

• Zhipu AI

  zhipuai.cn · 490K visits a month

Fastest-growing AI developer tools companies

About Thinking Machines Lab

• Thinking Machines Lab is an AI research and product company. It offers Tinker, a platform for customizing and fine-tuning AI models, and Inkling, its open-weights model family. thinkingmachines.ai
• Founded in 2025. techcrunch.com
• Founders: Mira Murati. techcrunch.com
• In September 2026 The Information and TechCrunch reported Thinking Machines was in talks to raise $1 billion at a valuation of at least $40 billion, with Accel in talks to lead. The round had not closed as of those reports and is not listed as a round or valuation. techcrunch.com
• Bloomberg reported in late 2025 that the company was in discussions to raise at a $50 billion valuation; that round did not complete (TechCrunch describes it as the valuation the company 'reportedly sought'). fortune.com
• Co-founder departures: Andrew Tulloch left for Meta in late 2025; co-founders Barret Zoph and Luke Metz returned to OpenAI in January 2026 (Murati said Zoph was terminated). TechCrunch's September 2026 brief also names Lilian Weng among co-founders who returned to OpenAI; that was not confirmed in a second source here. fortune.com
• The $2 billion seed valuation of $12 billion was stated by a company spokesperson to TechCrunch. Earlier June 2025 reports had put it at $10 billion. The revenue run rate figure (over $100 million) comes from a single unnamed source and is a floor. techcrunch.com
• Only Mira Murati is listed as founder; press describes a larger founding team (Fortune names Barret Zoph and Luke Metz as official co-founders and Andrew Tulloch as considered a co-founder) but no single allowed source reviewed here gives the full official co-founder list. fortune.com

Sources

Checked on 29 September 2026. Traffic figures are third-party estimates, not company-reported numbers.

1. https://thinkingmachines.ai/
2. https://techcrunch.com/2026/09/03/accel-reportedly-in-talks-to-lead-1b-round-for-thinking-machines-at-40b-valuation/
3. https://techcrunch.com/2025/07/15/mira-muratis-thinking-machines-lab-is-worth-12b-in-seed-round/
4. https://fortune.com/2026/01/16/mira-murati-thinking-machines-staff-defections-openai-zoph-metz-schoenholz/