When was Nexthop AI founded?

Nexthop AI was founded in 2024 and became a unicorn in 2026, reaching the milestone in 2 years. It raised its 1st funding round 1 year after its incorporation.

Where is Nexthop AI located?

Nexthop AI is headquartered in Santa Clara, United States.

Who is the current CEO of Nexthop AI?

Anshul Sadana of Nexthop AI. They have also founded 1 company.

How many employees does Nexthop AI have?

As of Jun 30, 2026, the latest employee count at Nexthop AI is 268.

Is Nexthop AI a funded company?

Nexthop AI is a funded company, having raised a total of $610M across 2 funding rounds to date. The company's 1st funding round was a $110M Series A round, raised on Mar 25, 2025.

How much is Nexthop AI worth?

The latest valuation of Nexthop AI is $4.2B as of Mar 11, 2026.

When was the latest funding round of Nexthop AI?

Nexthop AI's latest funding was a $500M Series B round on Mar 10, 2026, with participation from 3 investors.

Is Nexthop AI a Cloud Infrastructure company?

The primary sectors of Nexthop AI are Cloud Infrastructure, AI Infrastructure, Enterprise Networking and Artificial Intelligence.

Where does Nexthop AI rank among its competitors?

Nexthop AI ranks 21st amongst 172 active competitors, of which 54 are funded. It stands 8th in terms of total funding among its competitors. The most recent competitor to raise funding was DeepSeek, which secured $4.4B in Jun, 2026.

Who are the top competitors of Nexthop AI?

Nexthop AI's top competitors include OpenAI, Mistral AI and Anthropic. Among them, DeepSeek secured the most recent funding round in June, 2026.

Nexthop AI - 2026 Company Profile, Team, Funding & Competitors

Sectors and market segments that Nexthop AI operate in

Nexthop AI serves in the High Tech, Native AI market segments.The primary business model of Nexthop AI are:

Company Details

AI infrastructure for cloud infrastructure. It develops customized networking infrastructure solutions for hyperscale cloud providers, integrating hardware and software to optimize cloud stack performance.

Website: nexthop.ai
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Email ID: *****@nexthop.ai

Key Metrics

Founded Year

2024

Location

Santa Clara, United States

Stage

Series B

Total Funding

$610M in 2 rounds

Latest Funding Round

Series B, Mar 10, 2026, $500M

Post Money Valuation

$4.2B as on Mar 11, 2026

Investors

Lightspeed Venture Partners & 6 more

Ranked

21^st among 172 active competitors

Employee Count

268 as on Jun 30, 2026

Similar Companies

OpenAI & 278 more

View Nexthop AI's full profile

Nexthop AI is associated with 2 legal entities given below:

Legal Entity Name	Date of Incorporation	Revenue	Latest Employee Count	Documents
NEXTHOP SYSTEMS INDIA PRIVATE LIMITED CIN: U62090PN2024PTC236372 , India, Active	Dec 16, 2024	0 - ₹10 Cr (As on Mar 31, 2025)	-
NEXTHOP SYSTEMS INC CIN: 3788880 , United States, Active	May 31, 2024	-	-	-

Nexthop AI has raised a total funding of $610M over 2 rounds. Its first funding round was on Mar 25, 2025. Its latest funding round was a Series B round on Mar 10, 2026 for $500M. 3 investors participated in its latest round. Nexthop AI has 7 institutional investors.

Here is the list of recent funding rounds of Nexthop AI:

Date of Funding	Funding Amount	Round Name	Post-Money Valuation	Revenue Multiple	Lead Investors	Other Investors
Mar 10, 2026	$500M	Series B	$4.2B	-	Lightspeed Venture Partners, Andreessen Horowitz	Altimeter Capital
Mar 25, 2025	$110M	Series A	-	-	Lightspeed Venture Partners	Kleiner Perkins, WestBridge Capital, Battery Ventures, Emergent Ventures

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View details of Nexthop AI's funding rounds and investors

The founders of Nexthop AI is Anshul Sadana. Anshul Sadana is the CEO of Nexthop AI.

Here are the details of Nexthop AI's key team members:

Anshul Sadana: Founder & CEO of Nexthop AI.
Contact Info: 1 email address

View details of Nexthop AI's Founder profiles and Board Members

Nexthop AI's employee count trend

Nexthop AI has 268 employees as of Jun 26. Here is Nexthop AI's employee count trend over the years:

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Top competitors of Nexthop AI include OpenAI, Mistral AI and Anthropic. Here is the list of Top 10 competitors of Nexthop AI, ranked by Tracxn score:

Rank	Company Details	Short Description	Total Funding	Investors	Tracxn Score
1st	OpenAI 2015, San Francisco (United States), Series G	Artificial intelligence research and development platform offering advanced language models	$180B	SoftBank Group, Microsoft & 85 others	89/100
2nd	Mistral AI 2023, Paris (France), Series C	Provider of customizable, open-source artificial intelligence models and solutions for various applications	$3.05B	Lightspeed Venture Partners, General Catalyst ... & 50 others	83/100
3rd	Anthropic 2021, San Francisco (United States), Series H	Provider of AI safety and research company	$132B	GIC, Amazon & 109 others	83/100
4th	Cohere 2019, Toronto (Canada), Series D	Developer of enterprise AI platform and multilingual language and retrieval models	$1.54B	Inovia Capital, Sapphire Ventures & 32 others	78/100
5th	Sakana 2023, Tokyo (Japan), Series B	Provider of AI research laboratory services	$379M	Khosla Ventures, Lux Capital & 28 others	71/100
6th	Arista 2004, Santa Clara (United States), Public	AI and SaaS-based platform offering cloud networking solutions	$1.5M	HighGear Ventures, Herald Investment Management ... & 15 others	69/100
7th	Aleph Alpha 2019, Heidelberg (Germany), Acquired	Provider of an AI-enabled text and image analytics platform	$533M	Gruppe, Sapphire Ventures & 23 others	66/100
8th	DeepSeek 2023, Hangzhou (China), Series D	Open source based AI assistant for enterprises	$4.4B	National Artificial Intelligence Industry Investment Fund, Tencent ... & 1 others	66/100
9th	AI21 Labs 2017, Tel Aviv (Israel), Series D	Platform offering AI focused writing and reading assistants	$636M	Pitango, Walden Catalyst & 14 others	66/100
10th	Zhipu 2021, Haidian (China), Public	AI powered code generation tool for developers	$1.4B	Meituan, Ant Group & 12 others	66/100
21st	Nexthop AI 2024, Santa Clara (United States), Series B	AI infrastructure for cloud infrastructure	$610M	WestBridge Capital, Lightspeed Venture Partners ... & 5 others	58/100