Pika Labs Statistics: Users, Funding & Valuation
Pika Labs: ~$135M total funding across 6 rounds, $470–700M valuation after its June 2024 $80M Series B, 500K+ users generating millions of videos weekly. Founded April 2023 by two Stanford AI PhD students.
Pika Labs took AI video from research demo to creator tool faster than almost anyone - founded in April 2023, it raised $135 million within 14 months and built a community of over 500,000 users. Its playful effects-driven approach (Pikaffects) carved out a distinct creator niche against the cinematic positioning of Runway and Luma.
Key statistics
Pika has raised approximately $135 million across six rounds since April 2023, including an $80M Series B in June 2024.
The Series B valued Pika at $470 million per Sacra, with some reports placing the round at up to a $700 million valuation.
Pika built a community of over 500,000 users generating millions of videos weekly, from casual creators to professionals prototyping content.
Founded in April 2023 by Demi Guo and Chenlin Meng, two former Stanford AI PhD students; ~48 employees as of 2024.
Pika’s funding rounds since founding
Pika raised $135M within 14 months of its April 2023 founding, then went quiet on fundraising as the market consolidated around bigger-capital players in 2025 and 2026.
| Round | Date | Amount | Valuation |
|---|---|---|---|
| Seed + Series A | Nov 2023 | $55M combined | ~$200–250M |
| Series B | Jun 2024 | $80M | $470M (Sacra) to $700M (reported) |
Round data from CB Insights and Sacra. Pika has announced no new round since June 2024 as of June 2026.
Where does Pika sit in the AI video market?
Pika competes in the creator segment of a market that consolidated sharply in 2025–2026: Kling and Runway captured roughly half of all revenue, and Sora exited consumer entirely.
Investors include Spark Capital, Lightspeed, Greycroft, plus angels like Jared Leto and Quora founder Adam D’Angelo.
Total AI video platform revenue hit ~$1.1B in 2025; smaller creators-focused platforms like Pika compete on virality and effects rather than enterprise contracts.
How we compiled this data
Funding data comes from CB Insights’ deal records and Sacra’s valuation tracking; where the two disagree on the Series B valuation ($470M vs up to $700M), we show the range rather than picking one. User figures are company-reported community counts from 2024, the latest available. Last full review: June 12, 2026.
Before you cite these numbers
- The 500K user figure dates to 2024 and predates the 2025–2026 market consolidation; current usage is unknown.
- No funding round since June 2024 means the $470–700M valuation is two years stale in a fast-moving market.
- Pika publishes no revenue figures; its position in the ~$1.1B 2025 market revenue split is not publicly known.
Frequently asked questions
How much funding has Pika raised?
Approximately $135 million across six rounds, most recently an $80 million Series B in June 2024 at a reported $470–700 million valuation.
How many people use Pika?
Pika has reported a community of over 500,000 users generating millions of videos weekly.
Who founded Pika Labs?
Demi Guo and Chenlin Meng, two former Stanford AI PhD students, founded Pika (legal name Mellis, Inc.) in April 2023 in Palo Alto.
Sources
Figures on this page are compiled from the following publishers and reports. Where sources disagree, we present the range and note the methodology difference.