Well Run profileThe Well Run 100 · #53 of 720

Position 53

Arena

AI evaluation platform and leaderboard (formerly LMArena) ranking models and agents on real-world use

Pace
3:30/kmSprint5.0
Distance
Distance Half.
Open ops roles
3
Last week
#46
Move
▼ 7
Peak
#46
Weeks in the 100
2
The Chart →
Rank and score over time
Board rank
#36#49#61#46Oct 18#51Oct 25
Pace score
02465Oct 185Oct 25

One point per Sunday re-rank, tracking since Oct 18. The lines fill in week by week.

Sprint 3:30/kmArena
Race 4:05/km
Tempo 4:40/kmSurge AI
Steady 5:20/kmScale AI
Warm-up 6:00/km
Cool-down 6:30/km
Arena runs in the Sprint lane. Rivals on Well Run sit in their own pace lanes; further right = more momentum. Tap one to open its page.Also competes with: Artificial Analysis, Braintrust
Revenue estimate
$100M+ annualized run-rate (from $30M in Jan 2026)company-stated (annualized run-rate) · as of Jun 2026 techcrunch.com ↗
Total raised
~$450Msee rounds ↓
Founded
2023
HQ
San Francisco, CA

Leadership

The problem

Labs and enterprises can't tell which AI model actually performs best for real tasks

What they do

AI evaluation platform and leaderboard (formerly LMArena) ranking models and agents on real-world use

Traction ARR from ~$30M in Jan 2026 to $100M+ by June; tens of millions of monthly visitors

Hiring trend

Open roles
19
Ops roles
3
Headcount
~95

~95 staff; 20 open roles, almost all on-site SF

Hiring in

  • SF Bay Area
  • Remote

Funding

Last round
$200M
Stage
Series B
Date
Oct 2026

Led by Lightspeed, Khosla Ventures

Distance

Half · edge: grows with users

The AI leaderboard everyone uses: tens of millions of monthly visitors and $100M+ ARR in 2026.

Sources: TechCrunch: Arena $100M run rate (Jun 2026) ↗

Last checked Oct 25, 2026

News timeline

  1. Oct 2026Announces $200M Series B at $3.1B; launches AI Alignment Index arena.ai ↗
  2. Jun 2026Annualized revenue passes $100M, eight months after paid evals launch thenextweb.com ↗
  3. Jan 2026Raises $150M Series A at $1.7B, four months after commercial launch techcrunch.com ↗
  4. Dec 2025Annualized consumption rate reaches $30M within four months of launch techcrunch.com ↗
  5. May 2025Spins out of UC Berkeley with $100M seed at $600M techcrunch.com ↗

Funding historyTotal raised ~$450M

  1. Sep 2026Series B$200Mat $3.1B (company); one report says $2.88B postLed by Lightspeed Venture Partners & Khosla Ventures techcrunch.com ↗
  2. Jan 2026Series A$150Mat $1.7BLed by Felicis & UC Investments techcrunch.com ↗
  3. May 2025Seed$100Mat $600MLed by Andreessen Horowitz & UC Investments techcrunch.com ↗

Profile facts checked Oct 19, 2026. Every fact links to its public source.

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