Vectra AI Raises $130 Million at $1.2 Billion Valuation

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April 29, 2021
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Barron's

Blackstone Group is leading a $130 million round for Vectra AI, its latest investment in a fast growing tech startup. The investment is coming from the growth unit at Blackstone Group (ticker: BX) growth unit, which will have a minority stake in Vectra AI. The company didn’t disclose other investors of the F round, saying only that existing investors participated in the round. The round values Vectra AI at $1.2 billion.

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