# Black Forest Labs: valuation, funding, and the secondary tape

## The short version

- Claimed valuation: $3.25B.
- Secondary tape: $96.79 per share.
- New-money stake: 9.1%.

| instrument | value | as of | source |
|---|---|---|---|
| Claimed valuation | $3.25B |  | [source](https://bfl.ai) |
| Clarity (Hiive) tape | $96.79 | 2026-10-04 | [source](https://www.hiive.com/securities/black-forest-labs-stock) |
| Napkin: new-money stake | 9.1% ($300.00M of $3.30B) | 2025-12-01 | [source](https://www.hiive.com/securities/black-forest-labs-stock) |
105 Clarity prints since 2026-06-24

## Recent milestones

- None dated on record.

[marks](https://data.somen.ai/marks) | [napkin](https://data.somen.ai/napkin) | [scorecard](https://data.somen.ai/scorecard) | [all companies](https://data.somen.ai/companies)

*Derived from the SOMEN graph at render time. The arithmetic cannot lobby you.*