---
title: "Reflection AI revenue and valuation"
description: "Reflection AI's revenue is estimated at $23M–$320M. Valued at $8B after raising $2.13B. Funding rounds and competitors."
url: https://www.tryspecter.com/revenue-valuation/reflection-ai.md
canonical_url: https://www.tryspecter.com/revenue-valuation/reflection-ai
publisher: Specter
last_updated: 2026-11-01
---

# Reflection AI revenue and valuation

Specter estimates Reflection AI's annual revenue at $23M to $320M and its valuation at $7.18B to $15.8B. The company was priced at $8B in October 2025.

Reflection.Ai builds coding agents and open models to help engineers understand code.

- Estimated revenue: $23M to $320M (October 2026)
- Estimated valuation: $7.18B to $15.8B (October 2026)
- Total funding: $2.13B
- Founded: 2024
- Headquarters: New York City, United States
- Employees: 336
- Sector: AI lab
- Specter Rank: #35,137

## Reflection AI revenue

Specter's model puts current revenue between $23M and $320M.

| Month | Specter estimate | Low | High |
| --- | --- | --- | --- |
| October 2026 | $171M | $23M | $320M |
| September 2026 | $192M | $25M | $360M |
| August 2026 | $54M | $14M | $94M |
| July 2026 | $45M | $10M | $79M |
| June 2026 | $47M | $9.4M | $84M |
| May 2026 | $37M | $12M | $62M |
| April 2026 | $35M | $11M | $59M |
| March 2026 | $23M | $9M | $37M |
| February 2026 | $25M | $9M | $41M |
| January 2026 | $25M | $9M | $42M |
| December 2025 | $19M | $7M | $31M |
| November 2025 | $16M | $6M | $26M |
| October 2025 | $16M | $6M | $27M |
| September 2025 | $6M | $3.1M | $9M |
| August 2025 | $6M | $3M | $9M |
| July 2025 | $6M | $2M | $10M |

## Reflection AI valuation

Reflection AI's valuation rose from $100M at its Seed in August 2024 to $8B at its Series B in October 2025. Specter's live estimate sits between $7.18B and $15.8B.

| Month | Specter estimate | Low | High |
| --- | --- | --- | --- |
| October 2026 | $10.7B | $7.18B | $15.8B |
| September 2026 | $9.63B | $6.07B | $15.3B |
| August 2026 | $8.45B | $4.64B | $15.4B |
| July 2026 | $8.53B | $4.97B | $14.6B |
| June 2026 | $8.58B | $5.59B | $13.2B |
| May 2026 | $7.53B | $5.37B | $10.6B |
| April 2026 | $7.59B | $5.76B | $10B |
| March 2026 | $8.09B | $6.52B | $10.1B |
| February 2026 | $8.05B | $6.62B | $9.81B |
| January 2026 | $8B | $6.65B | $9.62B |
| December 2025 | $8B | $6.65B | $9.62B |
| November 2025 | $8B | $6.54B | $9.79B |
| October 2025 | $8B | $6.65B | $9.62B |
| September 2025 | $5.46B | $3.29B | $9.07B |
| August 2025 | $3.73B | $2.37B | $5.89B |
| July 2025 | $2.55B | $1.75B | $3.72B |

| Reported valuation | Month | Source |
| --- | --- | --- |
| $8B | January 2026 | [techcrunch.com](https://techcrunch.com/2026/01/12/at-least-36-new-tech-unicorns-were-minted-in-2025-so-far/) |
| $8B | December 2025 | [polytechnic.purdue.edu](https://polytechnic.purdue.edu/newsroom/purdue-polytechnic-alumnus-joins-leading-artificial-intelligence-startup-reflection-ai) |
| $8B | October 2025 | Funding round |
| $555M | March 2025 | Funding round |
| $100M | August 2024 | Funding round |

## Reflection AI funding rounds

| Date | Round | Raised | Post-money | Lead investors |
| --- | --- | --- | --- | --- |
| 23 Apr 2026 | Series C | Undisclosed | Undisclosed | JP Morgan |
| 9 Oct 2025 | Series B | $2B | $8B | NVIDIA |
| 7 Mar 2025 | Series A | $105M | $555M | CRV, Sequoia Capital, Lightspeed Venture Partners |
| 7 Mar 2025 | Seed | $25M | Undisclosed | CRV, Sequoia Capital |
| 8 Aug 2024 | Seed | Undisclosed | $100M | Sequoia Capital |

## Reflection AI vs competitors

The AI coding market splits between foundational model providers and autonomous agent platforms.

| Company | Estimated revenue | Estimated valuation |
| --- | --- | --- |
| Reflection AI | $23M–$320M | $7.18B–$15.8B |
| Poolside (poolside.ai) | $32M–$115M | $9.98B–$14.4B |
| Cursor (cursor.com) | $2.15B–$3.95B | $23.3B–$38.6B |
| Imbue (imbue.com) | $3.7M–$17M | $220M–$1.31B |
| Nousresearch (nousresearch.com) | $32M–$49M | $1.25B–$1.8B |

## Questions

### What is Reflection AI's revenue?

Specter estimates Reflection AI's annual revenue at $23M to $320M as of October 2026.

### What is Reflection AI's valuation?

Reflection AI's latest post-money valuation is $8B, from an October 2025 Series B. Specter's live estimate is $7.18B to $15.8B.

### How much funding has Reflection AI raised?

$2.13B across five rounds, from a Seed in August 2024 to a Series C in April 2026.

### Who invested in Reflection AI?

18 investors, including CRV, JP Morgan, Lightspeed Venture Partners, NVIDIA and Sequoia Capital.

### Who are Reflection AI's competitors?

Poolside, Cursor, Imbue and Nousresearch. Specter ranks 30 competitors for Reflection AI.

## About this data

Specter models revenue and valuation monthly and anchors each estimate to reported figures and priced rounds. Method: https://www.tryspecter.com/revenue-valuation

Cite as: Specter. "Reflection AI revenue and valuation." tryspecter.com/revenue-valuation/reflection-ai. Updated November 2026.