atomicspvSign up

AfterQuery

Funding History

$0$800M$1.6B$2.4B$3.2B20262027
Valuation by funding round
Series A · 04/2026$300M
Reported Valuation Round (lead investor and amount raised not publicly disclosed) · 09/2026$3.2B

About

AfterQuery is a San Francisco-based applied research lab, founded in early 2025, that builds training datasets and reinforcement-learning environments capturing how domain experts such as doctors, lawyers, software engineers, and finance professionals reason through complex tasks. The company supplies this expert-generated data to frontier AI labs building foundation models, positioning itself around the idea that better model performance now depends on higher-quality human reasoning data rather than simply more raw data.

CEO
Spencer Mateega
Headquarters
San Francisco, CA
Founded
2025
Website
https://afterquery.com

Overview

AfterQuery is a San Francisco-based applied research lab, founded in early 2025, that builds training datasets and reinforcement-learning environments capturing how domain experts such as doctors, lawyers, software engineers, and finance professionals reason through complex tasks. The company supplies this expert-generated data to frontier AI labs building foundation models, positioning itself around the idea that better model performance now depends on higher-quality human reasoning data rather than simply more raw data.

Co-founded by CEO Spencer Mateega and CTO Carlos Georgescu, both in their early twenties, AfterQuery grew out of Y Combinator's Winter 2025 batch and reported annualized revenue above $100 million by April 2026, with customers including NVIDIA and other major AI labs. Five months after an April 2026 Series A at a $300 million valuation, the company was reported in September 2026 to have reached a $3.2 billion valuation, which Y Combinator described as the fastest unicorn milestone in the accelerator's history.

Private securities are speculative, illiquid, and involve risk of complete loss of principal. You should be prepared to hold private securities for an extended period; there is no assurance of a secondary market, an IPO, or other liquidity event. You are fully responsible for conducting your own due diligence. Pricing is indicative — nothing here is an offer of securities.

For more information, view our disclosures.