SF-based Vals, which develops evaluations and benchmarks to test AI models on real-world tasks, raised a $40M Series A led by a16z at a $400M valuation (Abhinaya Prabhu/Tech Funding News)

SF-based Vals, a company focused on developing evaluations and benchmarks for testing AI models on real-world tasks, recently secured $40 million in a Series A funding round. This investment, led by a16z, values the company at $400 million. Vals AI has also reported significant growth, with its revenue increasing eightfold since 2025.