Daytona hits $1B valuation with $60M Series B for agent-focused cloud

Investors including Stripe's Patrick Collison and Shopify's Tobi Lütke back New York startup's vision of infrastructure built for long-running AI agents

By LineZotpaper

Published23 October 2026

Read Time2 min

Sources2 outlets

Daytona Platforms, a three-year-old startup building a cloud infrastructure specifically designed for long-running AI agents, announced on Friday that it had raised a $60 million Series B round at a $1 billion valuation. The round was led by FirstMark Growth, which also led the company's $24 million Series A in February, and includes a roster of high-profile angel investors.

New York-based Daytona Platforms said the Series B brings its total funding to $91 million. The company's cloud platform is designed to meet the infrastructure needs of long-running software agents, which the startup argues differ fundamentally from traditional cloud workloads.

“Agents don’t work like the long-lived services today’s cloud was designed for. They spin up thousands of short, stateful jobs nobody planned in advance, and they need a cloud built for that,” founder Ivan Burazin wrote in a blog post announcing the round. He described Daytona’s cloud as giving each agent its own computer, providing sandboxed access to Linux, Windows, macOS, and GPUs on a single platform.

The Series B attracted a wide range of prominent angel investors, including Stripe’s Patrick Collison, Shopify’s Tobi Lütke, Perplexity’s Aravind Srinivas, Zoom’s Eric Yuan, Datadog’s Olivier Pomel, Quora’s Adam D’Angelo, and Mercor’s Brendan Foody. Institutional investors Qualcomm Ventures, Samsung Next, and Okta Ventures also participated.

Analysis

Why This Matters

Daytona’s rapid growth and high-profile backers signal strong investor conviction that AI agents will require a new category of cloud infrastructure, distinct from traditional compute.
If agent workloads become widespread, incumbent cloud providers (AWS, Azure, GCP) may face pressure to adapt, opening opportunities for specialized startups.
The $1 billion valuation for a three-year-old company shows the intensity of capital flowing into the AI infrastructure space.

Background

Daytona was founded three years ago to build a cloud platform purpose-built for the execution of long-running agents, autonomous programs that perform tasks over time, often with stateful sessions. Traditional cloud services were designed for stateless, long-lived services or short-lived serverless functions. Daytona claims its architecture handles the “short, stateful jobs” that agents generate, an area existing clouds were not optimized for. The company’s first major round came in February 2026 with a $24 million Series A led by FirstMark.

Key Perspectives

Daytona Platforms: The company argues that cloud infrastructure must be rethought from the ground up to support AI agents, which require isolated, stateful environments that can be spun up and torn down rapidly. Investors (FirstMark, angels, institutional backers): The breadth and profile of investors suggest a strong bet on the thesis that agent workloads will be a new computing paradigm, and that Daytona has a first-mover advantage in building for it. Critics/Skeptics: It remains unproven whether agent workloads will scale to the degree that requires a wholly new cloud layer, or whether existing cloud providers can adapt their services to meet agent demands without a separate platform.

What to Watch

Adoption metrics from Daytona’s early customers: number of agents deployed, hours of run time, and revenue growth.
Reactions from major cloud providers: any expedited agent-specific offerings from AWS, Azure, or Google Cloud.
Further funding rounds or partnerships that validate the agent-cloud category.

Sources

Agent cloud startup Daytona hits $1B valuation backed by FirstMark and a who’s who of angels · Startups | TechCrunch
Agent cloud startup Daytona hits $1B valuation backed by FirstMark and a who’s who of angels · TechCrunch

Checked

12 claims in this story checked against 1 source: 9 supported.

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SupportedDaytona raised $60 million in a Series B at a $1 billion valuation.Startups | TechCrunch: “Daytona Platforms announced on Friday that it had raised a $60 million Series B round at a $1 billion valuation”
Partly supportedThe startup's infrastructure is built for long-running AI agents.Startups | TechCrunch: “Three-year-old Daytona is building a cloud specifically for long-running agents”
SupportedThe round included Stripe’s Patrick Collison and Shopify’s Tobi Lütke, backing the New York startup.Startups | TechCrunch: “The New York-based startup has attracted not just FirstMark (which also led its $24 million Series A in February), but also a host of well-known angels in this latest round. Daytona says they include Stripe’s Patrick Collison, Shopify’s Tobi Lütke”
SupportedDaytona announced the funding on Friday.Startups | TechCrunch: “Daytona Platforms announced on Friday that it had raised a $60 million Series B round”
SupportedFirstMark Growth led the Series B and also led Daytona’s $24 million Series A in February.Startups | TechCrunch: “a $60 million Series B round at a $1 billion valuation led by FirstMark Growth. The company says it has now raised a total of $91 million. The New York-based startup has attracted not just FirstMark (which also led its $24 million Series A in February)”
SupportedDaytona is a three-year-old startup based in New York.Startups | TechCrunch: “Three-year-old Daytona is building a cloud specifically for long-running agents”
SupportedDaytona says the Series B brings its total funding to $91 million.Startups | TechCrunch: “The company says it has now raised a total of $91 million.”
SupportedIvan Burazin wrote the quoted statement about agents in a blog post announcing the round.Startups | TechCrunch: ““Agents don’t work like the long-lived services today’s cloud was designed for. They spin up thousands of short, stateful jobs nobody planned in advance, and they need a cloud built for that,” founder Ivan Burazin wrote in a blog post announcing the new round”
Partly supportedDaytona’s cloud gives each agent its own computer and provides sandboxed access to Linux, Windows, macOS, and GPUs on one platform.Startups | TechCrunch: “Daytona’s cloud, he said, is like giving every agent its own computer, where agents have access to sandboxed versions of Linux, Windows, macOS, and GPUs, among other services, on the one platform.”
SupportedThe Series B included the named angel investors Patrick Collison, Tobi Lütke, Aravind Srinivas, Eric Yuan, Olivier Pomel, Adam D’Angelo, and Brendan Foody.Startups | TechCrunch: “Daytona says they include Stripe’s Patrick Collison, Shopify’s Tobi Lütke, Perplexity’s Aravind Srinivas, Zoom’s Eric Yuan, Datadog’s Olivier Pomel, Quora’s Adam D’Angelo (who is also an OpenAI board member), and Mercor’s Brendan Foody.”
SupportedQualcomm Ventures, Samsung Next, and Okta Ventures participated in the Series B.Startups | TechCrunch: “It also names Qualcomm Ventures, Samsung Next, and Okta Ventures as participants.”
Partly supportedDaytona argues that long-running agents have fundamentally different needs from traditional cloud workloads.Startups | TechCrunch: “Three-year-old Daytona is building a cloud specifically for long-running agents, which have different infrastructure needs than yesteryear’s software, the startup contends.”