Wirestock Completes $23M Series A Led by Nava Ventures to Expand AI Data Supply

According to TechCrunch, multimodal data startup Wirestock has completed a $23 million Series A round led by Nava Ventures, with participation from SBVP (co-founded by Sheryl Sandberg), Formula VC, and I2BF Ventures. The company supplies images, videos, design assets, and 3D content to AI labs and foundation model companies. CEO Mikayel Khachatryan stated that Wirestock currently serves six of the world’s largest foundation model companies. The platform has attracted over 700,000 artists and designers participating in data tasks, with annualized revenue of approximately $40 million and $15 million paid to content contributors to date.