Scale AI Stock for Accredited Investors

AI / Machine Learning
CEO Jason Droege Founded 2016 HQ San Francisco, US

Scale AI is a private artificial intelligence infrastructure and software company. It provides data, evaluations, and full-stack AI systems to help enterprises, governments, and AI labs build and deploy AI applications.

Access to pre-IPO shares is available to accredited investors through UpMarket.

Latest Price
$29B
Series G-1, Jun 2025, Perplexity
UpMarket Estimate
$33B
Based on UpMarket valuation model
Previous Price
$13.8B
Series F May 2024

How to Invest in Scale AI Through UpMarket

Scale AI shares are not on public exchanges. UpMarket provides accredited investors access through secondary market transactions.

Step 01

Verify accredited investor status

Confirm eligibility under SEC Rule 501 of Regulation D. Income or net worth threshold applies.

Step 02

Create an UpMarket account

Complete KYC/AML onboarding. Typically 1–2 business days. Licensed rep assigned on signup.

Step 03

Review available Scale AI offerings

Full offering memoranda and risk disclosures provided before any commitment is required.

Step 04

Complete subscription documents

Review and sign subscription agreement. All documents handled digitally through the platform.

Step 05

Fund your investment

Wire transfer or ACH. $50K minimum. Funds held in custodial account until close.

Pre-IPO investments are illiquid, speculative, and involve risk of total loss of capital.

$1.3B+
UpMarket has brokered over $1.3 billion in alternative investments*
*Includes principal invested and appreciation of investments originated via the UpMarket platform based on historical trade volume and valuation estimates through March 31, 2026. Of the total, approximately $301 million is managed by UpMarket Management, with the remaining originated investments managed by affiliates. Past performance is not predictive of future results.

Valuation Growth Over Time

Post-money valuation by round
Previous rounds Most recent
DateRoundPPS (split-adj.)Valuation
Jun 2025 Series G-1 $29B
May 2024 Series F $13.8B
Aug 2023 Series E $7.3B
Apr 2021 Series D $3.5B
Aug 2019 Series C $1B

Scale AI Revenue and Growth

Annual revenue

Why Investors Are Watching Scale AI

Growth Signal

Scale AI said to reach $1.5B ARR with 97% growth

Contrary Research says Scale AI posted 97% year-over-year ARR growth to $1.5 billion in 2024. The same report says the company now serves generative AI model companies, the U.S. government, and enterprise customers.

Competitive Moat

Meta’s $14.3B deal values Scale AI at $29B

TSG Invest says Meta invested about $14.3 billion for a 49% stake, implying a $29 billion valuation in 2025. The deal also underscored Scale’s role in training data for GPT-4, Gemini, and military AI systems.

Market Opportunity

Data labeling market seen growing to $13.8B by 2030

Contrary Research estimates the data collection and labeling market at $4.9 billion in 2025, rising to $13.8 billion by 2030. It says Scale AI’s core business is data annotation and that the company is expanding into broader AI infrastructure.

Interested in Scale AI stock? Fill out the form above or sign up directly. Subject to availability. Accredited investors only.

Request access →

Scale AI Leadership Team

Alexandr Wang
CEO
Brad Porter
CTO
Melisa Tokmak
Chief of Staff

UpMarket Investment Curation Process

  • Full diligence on every offering

    UpMarket curates and conducts independent diligence on every investment opportunity before it reaches the platform.

  • Strategy, fees & legal reviewed in full

    We review every offering's strategy, risk management, liquidity, fees, valuation methodology, tax matters, and all third-party providers — legal counsel, auditor, administrator, and custodian.

  • Disciplined managers only

    We offer investments exclusively from disciplined managers that pursue unique strategies across an array of asset classes.

  • Built around your objectives

    Our goal is to empower you to build a portfolio that best meets your individual investment objectives.

Ready to access institutional-grade private market investments? Unlock private markets

Scale AI Stock FAQ

No. As of March 2026, Scale AI is a private company and does not trade on any public stock exchange. Accredited investors can access Scale AI shares through UpMarket, a FINRA-registered broker-dealer that specializes in pre-IPO investments.

Scale AI does not have a public stock price because it is privately held. The most recent known share price comes from its last funding round. Pre-IPO share prices on the secondary market may differ from the last round price depending on supply, demand, and market conditions.

Yes. Accredited investors can indicate interest in Scale AI shares through UpMarket by filling out the form on this page or creating an account at upmarket.co. All pre-IPO offerings are subject to availability and require a $50,000 minimum investment. UpMarket is a FINRA-registered broker-dealer and has brokered more than $500M in alternative investments since 2019.

Pre-IPO investments carry significant risks. Scale AI shares are illiquid, meaning there is no public market to sell them quickly. There is no guaranteed exit timeline or return. The investment is speculative in nature, and investors should be prepared for the possibility of total loss. Valuations of private companies can fluctuate substantially between funding rounds. Investors should consult their financial advisor and review all offering documents before investing.

In a pre-IPO transaction, accredited investors purchase shares from existing shareholders (such as employees, early investors, or other holders) through secondary market platforms. The company itself does not issue new shares in these transactions. UpMarket facilitates these trades as a FINRA-registered broker-dealer, handling compliance, documentation, and settlement on behalf of both parties.

There are two primary exit paths for pre-IPO holdings: selling your shares on the secondary market to another buyer, or holding until the company completes an IPO or is acquired. Both paths are subject to transfer restrictions, company approval (right of first refusal), and market conditions. The timing of any exit is unpredictable, and investors should plan for a multi-year holding period.

The minimum investment for most pre-IPO offerings on UpMarket is $50,000. This amount may vary depending on the specific offering and share availability. There are no fees to create an UpMarket account or browse available investments. Investors only pay transaction-related fees when they complete an investment.

UpMarket's valuation estimate of is derived from a proprietary model that incorporates multiple data sources: funding round data (Caplight), revenue estimates (Sacra), secondary market pricing, and public company comparables. The model applies a private company discount to the public comp multiple to account for illiquidity and information asymmetry. This estimate is not investment advice and may differ substantially from the price at which shares actually trade.

Scale AI provides AI infrastructure and software for enterprise, government, and AI teams, with 2024 revenue of $870M and reported ARR reaching $1.5B at 97% growth, as the company is valued at $33B — accredited investors can access Scale AI stock through UpMarket.

Invest in Scale AI Request access