# Nscale: valuation, funding, and the secondary tape

## The short version

- Claimed valuation: $14.60B.
- Last priced round: $2.00B at $14.60B post-money.
- Secondary tape: $782.68 per share.
- New-money stake: 13.7%.

| instrument | value | as of | source |
|---|---|---|---|
| Claimed valuation | $14.60B |  | [source](https://nscale.com) |
| Last priced round (filed/seeded) | $2.00B @ $14.60B post | 2026-03-01 | [source](https://www.nscale.com/press-releases/ai-hyperscaler-nscale-secures-usd-155-million-in-series-a) |
| Clarity (Hiive) tape | $782.68 | 2026-10-04 | [source](https://www.hiive.com/securities/nscale-stock) |
| Napkin: new-money stake | 13.7% ($2.00B of $14.60B) | 2026-03-01 | [source](https://www.nscale.com/press-releases/ai-hyperscaler-nscale-secures-usd-155-million-in-series-a) |
121 Clarity prints since 2026-06-13

## Recent milestones

- 2026-10-06 - [Nscale appointed Amy Banse to its Board of Directors, where she will also serve as Chair of the Compensation Committee.](https://www.nscale.com/press-releases/amy-banse-board-of-directors)
- 2026-10-02 - [Nscale appointed Justin Osofsky as Chief Operating Officer, adding an executive with 18 years of operational leadership experience.](https://www.nscale.com/press-releases/justin-osofsky-chief-operating-officer)
- 2026-09-25 - [Nscale announced a $3.36 billion pre-IPO convertible financing round led by Third Point. The financing includes an initial $2.36 billion tra](https://www.prnewswire.com/news-releases/nscale-raises-3-36b-in-pre-ipo-convertible-financing-302890199.html)

[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.*