Diligence memo · auto-generated · as of July 2, 2026

Counsel AI Corp

Counsel AI Corp looks over-valued against its niche peers and is quiet on financing cadence.

SourceRaising on rhythm with a 3.0× step-up on the last round — momentum worth tracking before it's priced in.

Businessfiled

Counsel AI Corp operates in AI / ML, based in SAN FRANCISCO.

Sub-sector tags: ai/ml.

No verified homepage on file yet — operating evidence is limited to the public record.

Capital & rounds (filed)filed

Counsel AI Corp has raised $491M in disclosed capital across 4 recorded rounds, aggregated from public filings. Its latest round is modeled as Series D+ (a $100M–$400M round).

Largest single filing: $300M on 2025-02-11.

Most recent recorded round closed around 2025-02-11.

Valuation (modeled)modeled

Provath models Counsel AI Corp at approximately $3.1B (range $1.7B–$4.1B). This is an algorithmic estimate from round sizes and same-niche peers — not a quoted or reported figure.

Read: Over-valued. Modeled value is 2.28× the median modeled value of Series D+ AI / ML companies in 2025–2027 (8 peers) — value vs value, same stage and era.

Financing rhythm & timingmixed

Historic cadence: a new round about every 7 months.

Last raise 17 mo ago; this sector typically re-raises about every 11 months.

Slightly overdue versus sector cadence.

The last round stepped up 3.0× from the prior — scaling.

Comparablesmixed

Capital scale ranks ahead of 99% of AI / ML peers (2067 compared).

Modeled value ranks above 99% of those peers.

Closest niche peers: Abridge AI Inc., Rezolve Ai Plc, Celestial AI Inc., Goodfire AI, Inc., Nomos AI, Inc..

Peoplefiled

6 named people on file across officers, directors and signatories.

Risks & flagsmixed

Modeled above niche peers — valuation risk on entry.

No clearly named CEO/founder/principal in the surfaced records — key-person evidence is thin.