Wirestock Raises $23 Million Series A to Scale the World's Leading Multimodal Data Platform

Wirestock, a platform linking creative professionals to artificial intelligence development, has closed a $23 million Series A funding round. The investment, led by Nava Ventures with participation from SBVP (co-founded by Sheryl Sandberg), Formula VC, and I2BF Global Ventures, will accelerate the company’s expansion of premium, ethically sourced multimodal datasets for AI labs. The platform connects over 700,000 creators—including photographers, videographers, and 3D artists—who contribute millions of assets while earning direct payments. Wirestock’s AI licensing model has driven a 20x year-over-year increase in creator payouts, helping the company exceed a $40 million annual revenue run rate. Unlike traditional datasets scraped from social media or marketing content, Wirestock’s data is intentionally created and curated for AI training. The platform uses layered pipelines combining human review and AI-assisted moderation to ensure high-quality, semantically annotated datasets. These structured assets improve AI model performance in vision-language tasks, offering a more reliable alternative to repurposed content. CEO and co-founder Mikayel Khachatryan emphasized the platform’s dual mission: empowering creators with fair compensation while providing AI labs with ethically sourced data. The funding will expand Wirestock’s capacity to deliver custom datasets tailored to evolving AI model demands, reinforcing its position as a leader in responsible AI development. With a focus on transparency and creator empowerment, Wirestock aims to set a new standard for AI data sourcing. The investment signals growing demand for high-quality, ethically aligned datasets as AI labs compete to build next-generation foundation models.