Startup profile for USD.AI: latest funding, latest known valuation, total disclosed funding, investors, status, sources, and why the company is interesting. Part of the Venture Capital Tracker startup directory.

Startup profile · funding coverage

USD.AI funding, valuation and investors

GPU-backed credit and stablecoin infrastructure for AI-cloud operators

Verified company research · funding, investors and latest developments

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Funding, valuation & investors

Answer-first snapshot

Latest funding

Series A

$13 million · August 14, 2025

Latest known valuation

Not publicly disclosed

Total disclosed equity funding

$13M

Excludes debt, grants, acquisitions, secondaries, and IPO proceeds.

Current status

private

series a · New York, New York, United States

Investors in latest funding

Lead: Framework Ventures

Other: Dragonfly , Arbitrum , Big Brain Holdings , CMT Digital , Hermeneutic Investments , FWL Capital , Flowdesk

Sources: latest funding · usd.ai Last verified: 2026-09-26

Overview

USD.AI, developed by Permian Labs, provides non-dilutive loans secured by GPU infrastructure and associated cash flows. Its onchain system connects compute operators with capital providers through GPU-backed credit.

Why USD.AI is interesting

USD.AI is testing whether high-value AI accelerators and contracted compute revenue can support a scalable specialist credit market outside conventional banks and venture equity.

Product & use cases

  • Non-dilutive GPU fleet financing for AI-cloud and HPC operators.
  • Onchain exposure to income-producing compute assets for capital providers.

Key facts

  • Announced a $128.9 million asset-backed GPU facility for an undisclosed public cloud operator in September 2026.
  • The facility supports 32 NVIDIA GB200 NVL72 systems in British Columbia.
  • Raised a $13 million Series A led by Framework Ventures in August 2025.

Funding history (newest first)

Series A

2025-08-14 $13 million
  • Framework Ventures (lead)
  • Dragonfly (participant)
  • Arbitrum (participant)
  • Big Brain Holdings (participant)
  • CMT Digital (participant)
  • Hermeneutic Investments (participant)
  • FWL Capital (participant)
  • Flowdesk (participant)

Source: Read source · usd.ai

Investors in our directory

Funds linked from USD.AI's profile — open a fund page for stage focus and related deal articles.

Competitive landscape

Edge: Combines asset-level GPU underwriting, non-recourse structures and onchain settlement for AI-infrastructure loans.

Competes with specialist GPU lenders, private-credit funds and equipment financiers. Its differentiation is onchain capital formation and loan-level transparency, while its risks include hardware depreciation, borrower concentration and limited disclosure of private facility terms.

  • Upper90 direct

    Specialist asset-backed lender active in GPU and technology financing.

  • Generate Capital adjacent

    Infrastructure capital provider that can finance technology and energy assets.

  • Traditional equipment lenders alternative

    Banks and leasing companies finance hardware but may be slower or require broader corporate recourse.

Industries

Market / IPO context

Editorial / static context — not a live quote.

FAQs about USD.AI

Practical answers founders, operators, and investors typically search for.

USD.AI arranges loans secured by GPU hardware and related project cash flows for AI-cloud and compute operators.
No. USD.AI announced a $128.9 million borrower-level GPU facility. Its own disclosed equity financing includes a $13 million Series A announced in August 2025.

By Venture Capital Tracker

Last updated:

Editorial note: AI tools assisted with research, structure, or drafting. Venture Capital Tracker retains human editorial responsibility for factual accuracy, relevance, and source quality before publication.