Simile AI Raises $200M Series B at $2B Valuation
Stanford PhD-led startup building AI agents to simulate human behavior secures major venture backing.
Simile AI, founded by Stanford CS PhD Joon Sung Park, announced a $200 million Series B at a $2 billion valuation led by Greenoaks with participation from Index Ventures and Bain Capital Ventures. The company develops generative agents and foundation models for simulating individual and societal behavior, with applications in retail and decision testing. Academic supporters including Percy Liang and Michael Bernstein highlighted its research trajectory and commercial potential, noting parallels to early OpenAI work. The round reflects investor confidence in scaling simulation technologies for real-world use cases.
Today we’re announcing our Series B. We’ve raised $200M at a $2B valuation from Greenoaks with participation from Index Ventures, Hanabi, A*, Bain Capital Ventures, CVS Health Ventures, and Definition. Our mission is to simulate all eight billion people on earth, accurately.