Blue Box Group
Facts
- HQ
- Seattle, United States
- Sectors
- Cloud hosting
- Stage
- Acquired
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.
Venice.ai founder Jesse Proudman leaves Washington after 'millionaire tax' prompts exodus of business leaders
Tech entrepreneur Jesse Proudman, founder and CTO of Venice.ai, is leaving Washington State, saying the state's new 'millionaire tax' and a hostile tax climate have driven him and other business leaders to relocate. He described Washington as shifting from a 'startup sanctuary' to a place that 'villainizes' companies.
Seattle Digital Assets Startup Strix Leviathan Acquired by New York Crypto Hedge Fund Parataxis
Seattle fintech startup Strix Leviathan, founded by Jesse Proudman and Sadie Raney in 2018, was acquired by New York-based crypto hedge fund Parataxis, with key leadership transitions following the deal.