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Home/Market & Regulation
Market & RegulationInvestment · $40M

Vals raises $40M to redefine AI benchmarking

TechCrunch AI·September 19, 2026·high confidence

Why it matters

  • →Benchmarking is evolving from academic trivia to practical, industry-specific validation.
  • →Private test sets prevent models from gaming public benchmarks, increasing metric reliability.
  • →Independent evaluation is becoming a prerequisite for enterprise trust and potential IPOs.
Vals raises $40M to redefine AI benchmarking
©TechCrunch AI

Vals, an AI benchmarking startup founded in 2024, has closed a $40 million Series A led by Andreessen Horowitz. The company differentiates itself from legacy evaluation systems by testing models on complex, industry-specific tasks like law and finance rather than general knowledge tests. Co-founder Rayan Krishnan states that the private test data prevents model training against benchmarks, ensuring more accurate performance metrics. Vals is expanding its team to 25 employees and launching a program to provide evaluations for federal agencies.

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