Venice AI has reached a $100 million annualized revenue run-rate, extending a sharp climb that came little more than a month after the company reported more than $70 million in ARR during its $65 million Series A round at a $1 billion valuation. Founded by Erik Voorhees, Venice centers its pitch on privacy: users can access more than 200 AI models, while the platform says it processes each request, delivers the result and then purges the interaction. That approach has helped it attract more than 3 million monthly active users and generate millions of API calls daily. Venice said it was already profitable when it raised its Series A in July 2026, with funding from investors including Dragonfly and Coinbase Ventures earmarked for GPU purchases and data center expansion. The company also ties part of its revenue to VVV through a buy-and-burn program, in which tokens are bought on the open market and permanently destroyed. The move from more than $70 million ARR to a $100 million run-rate in about a month suggests adoption may be reaching an inflection point.