Aventis Advisors recently published a report on AI Valuations which covered the number of investments, size of those investments, median valuations and multiples on AI investments over a 15 year period from 2010 through first half of 2025!

Dave "CAC" Kellogg and Ray "Growth" Rike discuss some of the highlights including:

AI industry categories included
Number of financing rounds (2010 - 1H2025)
Total Capital Raised (2010 - 1H2025)
Median sizes by round (2010 - 1H2025)
Valuations (2010 - 1H2025)
Valuation multiples (2010 - 1H2025)
Large Language Model valuations vs AI Coding Assistant Valuations
Summary of the AI funding environment

You can follow along to Dave and Ray's conversation by clicking the below link to the report

Aventis AI Valuation Multiples Report

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AI Valuations from Aventis