Venice.ai Raises $65M at $1B Valuation for Privacy-Focused AI Led by Erik Voorhees and Jesse Proudman

Venice.ai, founded by CEO Erik Voorhees and CTO Jesse Proudman, raised $65 million in Series A funding at a $1 billion valuation to provide a privacy-focused AI service that does not store user prompts or responses. The company aims to compete with mainstream AI services by offering unfiltered, on-device conversations through a range of open-source and commercial AI models.

JJesse Proudman EErik Voorhees FFounders' Co-op