We couldn’t be more excited to congratulate Goodfire on its $150M Series B, following our Seed and Series A investments last year, and bringing the company’s valuation to $1.25B. The round was led by B Capital, with participation from existing investors and new partners including DFJ Growth, Salesforce Ventures, Eric Schmidt, and others.
This raise comes less than a year after Goodfire’s Series A and will fuel frontier research, the next generation of the core product, and expanded partnerships across AI agents and the life sciences.
Our investment in Goodfire at its heart is rooted in community & long-term conviction. We’ve known Eric Ho, co-founder and CEO, for more than eight years, first backing him at his prior company, RippleMatch, where he was a co-founder and CTO. It was there that Eric met Daniel Balsam, now his co-founder at Goodfire. In addition to Eric and Daniel, Goodfire rounded out the founding team by adding Tom McGrath a brilliant research scientist and cofounder of Google DeepMind’s Interpretability team.
Everything that the Goodfire team has built in such a short time is remarkable. In the earliest days, Eric and Danny from our team were whiteboarding ideas, exploring opportunities, and debating what the future of interpretability, AI infrastructure, and agents could look like. Watching those early conversations evolve into what Goodfire is today has been incredibly rewarding.
Less than two years later, Goodfire has assembled a world-class team drawn from frontier labs and top research universities, and partnered with industry leaders including Arc Institute, Mayo Clinic, and Microsoft. Along the way, they’ve developed novel techniques to decompose model internals, cut LLM hallucinations in half using interpretability-informed training, and even identified a new class of Alzheimer’s biomarkers by reverse-engineering a biological model.
This round is a major milestone, but still just one step on a much longer journey. We’re incredibly proud to be early partners and can’t wait to see what the team builds next.
You can read more about Goodfire’s Series B on their blog, as well as in the accompanying press coverage from Bloomberg News.
