
Higgsfield raises $400M Series B at a $5.4B valuation on $700M annualized revenue
DST Global led Higgsfield's $400M Series B at a $5.4B valuation, quadrupling its $1.3B Series A mark on annualized revenue that went from $20M to $700M in a year. The revenue curve is the signal, not the round: 390 of the Fortune 500 and 30 million users now run visual production through one AI platform, shifting agency and studio production spend toward software.
Source: prnewswire.com ↗
Every business needs visual content, but creating it at the quality, speed and scale companies demand remains complex and expensive. AI is fundamentally changing that.
Alex Mashrabov, Co-Founder & CEO of Higgsfield
Why this matters
- → AI video/image tools moving from novelty to core infrastructure for 390 Fortune 500 companies
- → $700M ARR in one year signals software eating professional production budgets
- → Democratizes high-end creative work—expensive studios face commoditization pressure
Software eats studios