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 Apr 30, 2026, the latest employee count at Nexthop AI is 246.

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 27th amongst 162 active competitors, of which 47 are funded. It stands 7th in terms of total funding among its competitors. The most recent competitor to raise funding was Nexthop AI, which secured $500M in Mar, 2026.

Who are the top competitors of Nexthop AI?

Nexthop AI's top competitors include OpenAI, Anthropic and xAI. Among them, Nexthop AI secured the most recent funding round in March, 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

27^th among 162 active competitors

Employee Count

246 as on Apr 30, 2026

Similar Companies

OpenAI & 266 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 (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	-	-	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 246 employees as of Apr 26. Here is Nexthop AI's employee count trend over the years:

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Top competitors of Nexthop AI include OpenAI, Anthropic and xAI. 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 F	Developer of artificial intelligence models tools and research-driven platforms	$168B	Microsoft, SoftBank Group & 66 others	90/100
2nd	Anthropic 2021, San Francisco (United States), Series G	Platform offering conversational chatbot and research services	$67.3B	GIC, Coatue & 88 others	80/100
3rd	xAI 2023, Palo Alto (United States), Acquired	Platform providing AI-powered assistant for image generation and trend analysis	$45B	Qatar Investment Authority, Andreessen Horowitz ... & 40 others	71/100
4th	Arista 2004, Santa Clara (United States), Public	AI and SaaS-based platform offering cloud networking solutions	$1.5M	HighGear Ventures, Summit Partners & 15 others	69/100
5th	AI21 Labs 2017, Tel Aviv (Israel), Series D	Platform offering AI focused writing and reading assistants	$636M	Pitango, Walden Catalyst & 14 others	66/100
6th	Sakana 2023, Tokyo (Japan), Series B	Provider of AI research laboratory services	$379M	Lux Capital, Khosla Ventures & 27 others	66/100
7th	Zhipu 2021, Haidian (China), Public	AI powered code generation tool for developers	$1.4B	Alibaba Group, Meituan & 12 others	66/100
8th	ReflectionAI 2025, New York City (United States), Series B	Developer of autonomous coding systems	$2.13B	Lightspeed Venture Partners, CRV & 18 others	65/100
9th	Harmonic 2023, Palo Alto (United States), Series C	Developer of state-of-the-art mathematics AI models	$295M	Ribbit Capital, Kleiner Perkins & 12 others	64/100
10th	Aleph Alpha 2019, Heidelberg (Germany), Series B	Provider of an AI-enabled text and image analytics platform	$533M	Gruppe, IPAI & 23 others	63/100
27th	Nexthop AI 2024, Santa Clara (United States), Series B	AI infrastructure for cloud infrastructure	$610M	Altimeter Capital, WestBridge Capital & 5 others	58/100