Arena

Created by UC Berkeley researchers, Arena (formerly LMArena) operates a community-powered AI evaluation platform where millions of builders compare frontier models and vote on their responses, producing public leaderboards grounded in real-world use. Formed as Arena Intelligence Inc. in 2025, the company sells AI Evaluations, an enterprise analytics product for AI labs, and publishes the Arena Alignment Index measuring agent safety in real-world tasks. It is headquartered in San Francisco and has surpassed $100 million in annualized revenue.

  • Series B
  • AI/ML
  • Enterprise Software
  • Software & Internet

1

Round

1

Industry

3

Tags

Oct 8, 2026

Latest raise

Funding activity · 1 round

Raise timeline

  1. Oct 8, 2026

    $200M

    Series B

    Led by Lightspeed Venture Partners

    • Dell Technologies Capital
    • Lightspeed Venture Partners
    • Andreessen Horowitz
    • Felicis
    • Salesforce Ventures
    • Khosla Ventures
    • 01 Advisors
    • The House Fund
    • Endeavor Catalyst
    • AMP PBC
    • QuantumLight

    Article coming soon.

Pricing

Research Arena — then scale the playbook

Public hubs orient you on the raise. Paid plans unlock live AI adoption signals across your market.

Enterprise

Custom pricing for unlimited scale. Let's talk.

Contact sales

Growth plan

For individuals and small teams getting started with AI buyer intelligence.

$149

/month

Features

  • Access to core AI adoption signals
  • 3–5 curated slices per week
  • 30–60 companies / week
  • AI Adoption Score
  • Deal-ready insights (why + pitch angle)
  • Basic filters (recency, slice, score)
  • CSV export
Most popular

Pro plan

For outbound teams and agencies that need more coverage and faster signal cadence.

$249

/month

Features

  • Everything in Growth, plus:
  • Full access to all slices
  • 60–120 companies / week
  • Higher-frequency signal updates
  • Priority / early signals (before Growth)
  • Advanced filters (industry, size, use case)
  • Deeper company insights
  • Faster export + bulk workflows

Act on this raise

See if Arena is moving on AI

Funding is the starting point. VeilStrat shows whether capital is showing up as hiring, tools, and web activity you can sell into.

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