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Hark raises $700M Series A for secretive AI assistant

By TechCrunch · Summarized & edited by · 2026-05-21
Hark raises $700M Series A for secretive AI assistant

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Why it matters: Roughly $10 million per employee across Hark's 70-person team, on top of a $6 billion valuation, is an extraordinary bet on a product nobody outside the company has seen. With Anthropic and OpenAI dominating AI headlines by chasing coding revenue, a round this size on demos and founder credibility alone shows how much dry powder remains for consumer-facing AI plays.

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