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Profound Raises Series C at $1B Valuation to Lead a New . . . NEW YORK, Feb 24, 2026 (GLOBE NEWSWIRE) -- Profound today announced it has reached $1 billion in valuation and raised a $96 million Series C led by Lightspeed Venture Partners Existing investors Sequoia Capital, Kleiner Perkins, Saga VC, South Park Commons, and Evantic joined the round, bringing the company’s total funding to more than $155 million one day shy of its 18-month anniversary
Exclusive: As AI threatens search, Profound raises $96 . . . Profound’s internal research found that up to 90% of cited sources in AI answers can change over time, and that different models rely on largely distinct sets of sources In practice, that means brands must actively manage their presence across multiple AI ecosystems, rather than optimizing once for a single search engine