# Braintrust revenue, valuation & funding Markdown copy of https://realalpha.app/companies/braintrust/ on Real Alpha, the best minutes from long interviews with the people building AI. Cite and link the page, not this copy. Braintrust was valued at $800M after its $80M Series B in February 2026. No revenue figure for it has been confirmed. It's a private company with no stock ticker and no announced IPO plan. Checked Nov 8, 2026 ## At a glance - Valuation: $800M after its $80M Series B, in February 2026. - Revenue: no confirmed figure. Braintrust publishes no results. - Status: private. No stock ticker and no announced IPO plan. - Founded: August 2023, by Ankur Goyal. - CEO: [Ankur Goyal](https://realalpha.app/builders/ankur-goyal/). - Headquarters: San Francisco, California. - Investors: Iconiq, Andreessen Horowitz, Greylock, Elad Gil, basecase capital, Datadog and Databricks Ventures. - Products: Observability, Evals, Discovery, the Loop agent and the Brainstore database. ## Is Braintrust public? Can you buy its stock? No. Braintrust is a private company, so its shares don't trade on any stock exchange and it has no ticker symbol. Braintrust hasn't announced a plan to go public, and no filing has been made. Its backers include Iconiq, which led its Series B in February 2026, along with Andreessen Horowitz and Greylock ([SiliconANGLE](https://siliconangle.com/2026/02/17/braintrust-lands-80m-series-b-funding-round-become-observability-layer-ai/)). This page reports facts and gives no investment advice. ## Valuation, round by round Its one reported valuation is $800M, set by its $80M Series B in February 2026. - Feb 2026 · $800M · $80M · Iconiq · [SiliconANGLE](https://siliconangle.com/2026/02/17/braintrust-lands-80m-series-b-funding-round-become-observability-layer-ai/) - Dec 2023 · — · $5.1M · Greylock Partners · [VentureBeat](https://venturebeat.com/ai/braintrust-data-wants-to-make-enterprise-ai-better-with-faster-evaluations) Its October 2024 Series A, led by Andreessen Horowitz, has no confirmed amount or valuation. No valuation was reported for the 2023 seed round. ## How Braintrust makes money Braintrust sells its platform by plan. The Starter plan costs $0 a month, Pro costs $249 a month, and Enterprise is priced per customer ([Braintrust's pricing page](https://www.braintrust.dev/pricing)). Its buyers are companies that build AI products. The CEO has named Notion, Replit, Cloudflare, Ramp and Dropbox among them. ## Products Braintrust describes itself as evals and observability for AI agents. Its products cover testing before launch and tracking in production. - **Observability.** Lets teams inspect every agent trace and tool call, search millions of logs, and track latency, cost and quality in real time. · [Braintrust](https://www.braintrust.dev) - **Evals.** Runs experiments against real datasets, compares prompts and models side by side, and scores outputs with LLMs, code or humans. · [Braintrust](https://www.braintrust.dev) - **Discovery.** Applies AI to production traces to find important agent behavior and test improvements. · [Braintrust](https://www.braintrust.dev) - **Loop.** An AI agent that writes better prompts, scorers and datasets from a description of what to optimize. · [Braintrust](https://www.braintrust.dev) - **Brainstore and Nitro.** Brainstore is its database built for AI data at scale. Nitro is its query engine. · [Braintrust](https://www.braintrust.dev) ## Customers At its February 2026 Series B, Ankur Goyal said Braintrust had won the loyalty of dozens of AI-native companies ([SiliconANGLE](https://siliconangle.com/2026/02/17/braintrust-lands-80m-series-b-funding-round-become-observability-layer-ai/)). He named Notion, [Replit](https://realalpha.app/companies/replit/), Cloudflare, Ramp and Dropbox. That month it held Trace, its first user conference, at the California Academy of Sciences in San Francisco ([Wikipedia](https://en.wikipedia.org/wiki/Braintrust)). It hasn't published a customer count. ## Leadership - **[Ankur Goyal](https://realalpha.app/builders/ankur-goyal/),** co-founder and CEO. He co-founded Impira, which Figma acquired, and led the machine learning platform at Figma before starting Braintrust. · [SiliconANGLE](https://siliconangle.com/2026/02/17/braintrust-lands-80m-series-b-funding-round-become-observability-layer-ai/) ## Who owns Braintrust? Its founder and investors. As a private company it doesn't publish who holds what, and no stake has been disclosed. - **Iconiq** led the $80M Series B in February 2026. · [SiliconANGLE](https://siliconangle.com/2026/02/17/braintrust-lands-80m-series-b-funding-round-become-observability-layer-ai/) - **Andreessen Horowitz** led the Series A in October 2024, through Martin Casado, and returned for the Series B. · [Braintrust's blog](https://www.braintrust.dev/blog/announcing-series-a) - **Greylock** led the $5.1M seed round in December 2023. · [VentureBeat](https://venturebeat.com/ai/braintrust-data-wants-to-make-enterprise-ai-better-with-faster-evaluations) - **Elad Gil and basecase capital** backed earlier rounds and returned for the Series B. · [Braintrust's blog](https://www.braintrust.dev/blog/announcing-series-b) - **Datadog and Databricks Ventures** joined the Series A in October 2024. · [Braintrust's blog](https://www.braintrust.dev/blog/announcing-series-a) ## Competitors [Arize](https://arize.com/compare/arize-alternatives/) compares Braintrust with LangSmith, Langfuse, Helicone, Fiddler and Phoenix. The comparison covers evals, tracing, self-hosting and production debugging. In November 2026, Ronak Malde of [Trajectory](https://realalpha.app/companies/trajectory/) named Braintrust next to LangChain and Raindrop. He described them as tools that plug into a company's infrastructure to capture traces. - **[LangChain](https://realalpha.app/companies/langchain/),** named with Braintrust as a tracing tool by Trajectory's CEO. - **[Raindrop](https://realalpha.app/companies/raindrop/),** named in the same breath. ## Timeline and latest news - Sep 17, 2026 · Arize's comparison page set Braintrust against LangSmith, Langfuse, Helicone, Fiddler and Phoenix. · [Arize](https://arize.com/compare/arize-alternatives/) - May 6, 2026 · Told customers hackers had broken into one of its Amazon cloud environments. · [TechCrunch](https://techcrunch.com/2026/05/06/ai-evaluation-startup-braintrust-confirms-breach-tells-every-customer-to-rotate-sensitive-keys/) - Feb 17, 2026 · Ankur Goyal said dozens of AI-native companies use it, including Notion and Replit. · [SiliconANGLE](https://siliconangle.com/2026/02/17/braintrust-lands-80m-series-b-funding-round-become-observability-layer-ai/) - Feb 17, 2026 · Raised an $80M Series B led by Iconiq at an $800M valuation. · [SiliconANGLE](https://siliconangle.com/2026/02/17/braintrust-lands-80m-series-b-funding-round-become-observability-layer-ai/) - Feb 2026 · Held Trace, its first user conference, in San Francisco. · [Wikipedia](https://en.wikipedia.org/wiki/Braintrust) - Oct 8, 2024 · Raised a Series A led by Andreessen Horowitz, with Datadog and Databricks Ventures joining. · [Braintrust's blog](https://www.braintrust.dev/blog/announcing-series-a) - Dec 13, 2023 · Raised a $5.1M seed round led by Greylock, bringing its total to $8.3M. · [VentureBeat](https://venturebeat.com/ai/braintrust-data-wants-to-make-enterprise-ai-better-with-faster-evaluations) - Aug 2023 · Founded by Ankur Goyal. · [Wikipedia](https://en.wikipedia.org/wiki/Braintrust) ## Legal matters Braintrust hasn't been reported to face a lawsuit or a regulator action. In May 2026 it disclosed a security breach. - **Cloud breach** (May 2026). Braintrust told customers hackers broke into one of its Amazon cloud environments and asked them to rotate their API keys. · [TechCrunch](https://techcrunch.com/2026/05/06/ai-evaluation-startup-braintrust-confirms-breach-tells-every-customer-to-rotate-sensitive-keys/) ## What others say about Braintrust - [Continual learning starts with traces, replay and training](https://realalpha.app/s/continual-learning-starts-with-traces-replay-and-training/) · Ronak Malde · Training Data · Nov 5, 2026 > “there like Langchain, like Braintrust, Raindrop, where you can basically plug into your infrastructure” ## Questions people ask ### Is Braintrust a public company? Can I buy Braintrust stock? No. Braintrust is private and has no ticker, so its shares aren't sold on any exchange. ### When will Braintrust IPO? It hasn't announced a plan to go public, and it hasn't filed. ### Who owns Braintrust? Its founder and investors, including Iconiq, Andreessen Horowitz, Greylock, Elad Gil, basecase capital, Datadog and Databricks Ventures. Stakes haven't been disclosed. ### Who is the CEO of Braintrust? [Ankur Goyal](https://realalpha.app/builders/ankur-goyal/), its co-founder. He co-founded Impira and led the machine learning platform at Figma. ### Who founded Braintrust? Ankur Goyal founded it in August 2023. It's headquartered in San Francisco. ### How much is Braintrust worth? $800M at its $80M Series B in February 2026, according to [SiliconANGLE](https://siliconangle.com/2026/02/17/braintrust-lands-80m-series-b-funding-round-become-observability-layer-ai/). ### How much revenue does Braintrust make? It doesn't publish results, and no revenue figure has been confirmed in reporting. ### How does Braintrust make money? It sells plans for its platform. Starter is $0 a month, Pro is $249 a month and Enterprise is custom, per its [pricing page](https://www.braintrust.dev/pricing). ### Who uses Braintrust? Its CEO said dozens of AI-native companies, including Notion, Replit, Cloudflare, Ramp and Dropbox, as of February 2026. ### Who are Braintrust's competitors? Arize's comparison names LangSmith, Langfuse, Helicone, Fiddler and Phoenix. ## People on Real Alpha - [Ankur Goyal](https://realalpha.app/builders/ankur-goyal/), Founder & CEO, Braintrust ## How this page is sourced Each figure links to the filing, company statement or news report it came from, with its date. Run rates are what reporters were told, not audited results; estimates and unconfirmed reports are marked. Quotes are what each person said on the record, with the minute they said it.