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How Preferred Networks grew Preferred Networks to $42M revenue with a 317 person team in 2024.

Preferred Networks (PFN) was established in March 2014 with the goal to develop practical, real-world applications of deep learning, robotics and other advanced technologies. PFN’s business domains include transportation, manufacturing, life sciences, robots, plant optimization, materials discovery, education and entertainment. In 2015, PFN developed Chainer™, the open-source deep learning framework. PFN’s MN-3 supercomputer, which is equipped with the MN-Core™ deep learning processor, topped the Green500 list three times in 2020 and 2021.

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Preferred Networks Revenue

In 2024, Preferred Networks's revenue reached $42M. Since its launch in 2014, Preferred Networks has shown consistent revenue growth.

Preferred Networks Revenue GrowthReported revenue / ARR by year$0$10M$20M$30M$40M$50M201420162018202020222024$0$42MSource: GetLatka.com
YearMilestone
2024Preferred Networks Hit $42m revenue in June 2024
2014Launched with $0 revenue

Preferred Networks Valuation, Funding Rounds

Preferred Networks reached a $2B valuation in 2024, set during its Venture Round round.

Preferred Networks has raised $26B in total funding across 4 rounds, most recently a $5B Venture Round round in 2025.

Preferred Networks Capital Raised & ValuationCumulative capital raised and post-money valuation by roundCapital raised (cum.)Valuation$0$6B$12B$18B$24B$30B20142016201820202022202420252014 cumulative: $0 • 2014 Founded: $02017 cumulative: $1B • 2014 Founded: $0 • 2017 Venture Round: $1B2019 cumulative: $2B • 2014 Founded: $0 • 2017 Venture Round: $1B • 2019 Venture Round: $1B2024 cumulative: $21B • 2014 Founded: $0 • 2017 Venture Round: $1B • 2019 Venture Round: $1B • 2024 Venture Round: $19B @ $2B valuation2025 cumulative: $26B • 2014 Founded: $0 • 2017 Venture Round: $1B • 2019 Venture Round: $1B • 2024 Venture Round: $19B @ $2B valuation • 2025 Venture Round: $5B$26B2014 Founded: $0 valuation2024 Venture Round: $2B valuation$2BSource: GetLatka.com
YearRoundAmountValuation% Sold
2025Venture Round$5B--
2024Venture Round$19B$2B950%
2019Venture Round$1B--
2017Venture Round$1B--

Preferred Networks Employees & Team Size

Preferred Networks employs approximately 317 people as of 2026, up from 280 in 2024.

Preferred Networks has 317 total employees in different roles and functions.

Preferred Networks Team GrowthReported headcount over time075150225300375201420162018202020222024202500280280317317Source: GetLatka.com
YearMilestone
2025Reached 317 employees (November 2025)
2024Reached 280 employees (June 2024)

Customers

We do not have customer count information for Preferred Networks yet.

Frequently Asked Questions about Preferred Networks

What is Preferred Networks's revenue?

Preferred Networks generates $42M in revenue.

How much funding does Preferred Networks have?

Preferred Networks raised $26B.

How many employees does Preferred Networks have?

Preferred Networks has 317 employees.

Where is Preferred Networks headquarters?

Preferred Networks is headquartered in Chiyoda-ku, Tokyo, Japan.

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Compare Preferred Networks to the industry

Preferred Networks operates across multiple industries. Browse revenue, funding, and growth data for Preferred Networks in each sector below.

Source Attribution

Source: all data was collected from GetLatka company research and founder interviews. Revenue, funding, team, and customer figures are presented as company-reported or GetLatka-estimated metrics where the profile data identifies them that way.

Company data last updated .

Preferred Networks Revenue 2024: $42M ARR, $2B Valuation