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Fortune
Fortune
Lily Mae Lazarus

Exclusive: As AI threatens search, Profound raises $96 million to help brands stay visible

James Cadwallader (left) and Dylan Babb (right) (Credit: Courtesy of Profound)

Profound, an 18-month-old startup betting that the future of marketing will be shaped not by Google links but by AI answers, is now a unicorn.  

The company has raised its $96 million Series C at a $1 billion valuation. Lightspeed Venture Partners led the round, with continued participation by Sequoia Capital, Kleiner Perkins, Evantic Capital, Saga VC, and South Park Commons, Fortune has learned. The round brings total funding to $155 million and follows its Series B, which Fortune previously reported as one of the more aggressive early bets on “answer‑engine optimization” in the generative AI era. 

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