Dragonfly Leads $65M Bet on Erik Voorhees' Venice AI as Startup Reaches Unicorn Status

Venice AI raises $65 million Series A at $1 billion equity valuation led by Dragonfly

Venice AI raises $65M Series A at $1B valuation, Dragonfly-led; profitable with $70M ARR from 3M users. For CTO decisions: credible OpenAI alternative with privacy-first + early profitability; GPU ownership breaks API vendor lock-in and cost inflation.