Scale AI: Strategic Deal with Meta

Scale AI is a leading platform for data preparation, AI model training, and custom artificial intelligence application development. The company holds a pivotal position in the AI ecosystem, providing solutions that serve as the foundation for major technology companies.

Key 2023 Metrics

• $675M ARR (+150% year-over-year)

• Gross margin ~60%

• 200+ enterprise clients, including Microsoft, Meta, Nvidia, Toyota, Airbnb, and OpenAI

Scale AI's products are deployed across diverse industries, from automotive to government sectors. The company's technologies enable automated data labeling, AI model testing and optimization, and secure integration into business processes.

Our Investment in Scale AI

We invested in the company in early 2024, prior to their Series F round. In May 2024, Scale AI raised $1B at a $13.8B valuation. In June 2025, Meta executed a strategic transaction, investing $14.3B for a 49% stake in Scale AI, valuing the company at approximately $29B. This transaction marked a pivotal moment, highlighting Scale AI's strategic importance to the industry and solidifying its position as a dominant player in the artificial intelligence market.

Why We Believe in Scale AI's Growth

Data Leadership. The company maintains a dominant position in data labeling and management—critical infrastructure for any AI models.

End-to-End Service Portfolio. Scale AI covers the complete lifecycle from dataset preparation through model testing and business process integration.

LLM Ecosystem Access. Partnerships with leading developers (OpenAI, Anthropic, Cohere) provide clients priority access to cutting-edge models and secure data handling.

Vertical Solutions. The launch of Donovan for government and Forge for marketing accelerates AI adoption in specific industries.

Synthetic Data Generation. This capability helps clients expand datasets without copyright violations while improving model accuracy.

We are confident that growing corporate AI implementation budgets will serve as a powerful catalyst for Scale AI's continued expansion.

Scale AI remains one of the key players in the artificial intelligence industry. The Meta transaction validated the company's strategic significance and became one of the largest AI deals in 2025. For Axevil Capital, this case reflects our strategy of participating in late-stage transactions with global technology growth leaders.