What we learned at the Jasper AI live event: a mega 1.5 billion valuation
Dave Rogenmoser reveals “unicorn status” in series A fundraising round
I’ll be the first to admit: I had high expectations for this event. Especially as the release of Jasper Art back in August was relatively lowkey, the fanfare that preceded today’s online event (dubbed “Introducing The Next Evolution of Jasper”) had me envisioning game-changing breakthroughs.
I anticipated a demo of something we’d never seen before (like AI and VR integration, or Jasper Music). Were my expectations met? Yes and no.
I think they played their cards very close to the chest, while revealing a massive investment that can be used to further Jasper’s development.
Jasper Evolved into a Unicorn
First, the big news: Dave Rogenmoser, CEO and founder of Jasper, announced $125 million in Series A funding. And with that funding comes a valuation of $1.5 billion. That’s from funding from top companies such as Insight Partners, Coatue, Bessemer Venture Partners, IVP, Foundation Capital, Founders Circle Capital, HubSpot Ventures and additional firms.
This is obviously a huge deal for Jasper. Not just the money, but also because it cements their place as a…