On February 24, 2026, Profound, a marketing platform for the AI-era, announced it raised a $96 million Series C at a $1 billion valuation led by Lightspeed Venture Partners. Existing investors Sequoia Capital, Kleiner Perkins, Saga VC, South Park Commons, and Evantic joined the round. Wilson Sonsini Goodrich & Rosati advised Profound on the transaction.

Profound is building the marketing infrastructure for an internet where brand discovery is mediated by AI. The company has rapidly become a critical platform for enterprises globally as Answer Engines increasingly generate recommendations and act on behalf of users.

The Wilson Sonsini team that advised Profound on the transaction includes Rob Broderick, Sam Obenhaus, Lucas Baker, and Ayush Sahni.

For more information, please see Profound's news release. Additional coverage can be found on Fortune.