Larridin raises $30 million to measure enterprise AI returns

Nov 3, 2026
Larridin raised a $30 million Series A led by Pelion Ventures, bringing its total funding to $47 million. Its platform connects AI usage, productivity and spending data to measure business results.

Larridin raised $30 million in Series A funding, according to SiliconANGLE. The round was led by Pelion Ventures, with participation from existing investors Andreessen Horowitz (a16z) and Gradient Ventures, plus GFT, W23, Thayer, DG Daiwa Ventures, Cougar Capital and Alumni Ventures.

The round brings Larridin's total funding to $47 million. Its platform combines data on AI tool use, employee productivity and spending to measure the cost and output of AI tools and autonomous agents across business workflows.

At another customer, 92% of engineers counted as active AI users, but a single engineer accounted for 65% of the AI budget. Larridin said one customer found a 66-fold difference in cost per shipped code change between two AI coding tools used for similar work. Its customers include SurveyMonkey, Vertiv, Klaviyo and Gainsight, and the company plans to expand its go-to-market and engineering teams.

We hope you enjoyed this article

Consider subscribing to one of our newsletters like Enterprise AI Brief, AI Funding Brief or Daily AI Brief.

Also, consider following us on social media:

Free newsletter

Enterprise AI Brief

Weekly report on AI business applications, enterprise software releases, automation tools, and industry implementations.

Market report

2025 Generative AI in Professional Services Report

Thomson Reuters

This report by Thomson Reuters explores the integration and impact of generative AI technologies, such as ChatGPT and Microsoft Copilot, within the professional services sector. It highlights the growing adoption of GenAI tools across industries like legal, tax, accounting, and government, and discusses the challenges and opportunities these technologies present. The report also examines professionals' perceptions of GenAI and the need for strategic integration to maximize its value.

Read more
Free, six days a week

Daily AI Brief: the AI news that matters, in your inbox.