**Abridge**
– Location: Pittsburgh
– Total funding: $462.5 million
– Description: Abridge is a medical scribe startup that converts patient-doctor interactions into electronic medical records.
– Highlights: In 2024, Abridge experienced rapid growth as investors showed interest in healthcare administrative automation. Recently, the startup secured $250 million in new funding, supported by prominent VC firms like Lightspeed Venture Partners and Bessemer Venture Partners. Abridge’s partnerships with major health systems such as Kaiser Permanente and industry giant Epic have positioned it as a frontrunner in healthcare AI technology.
**Anysphere**
– Founders: Aman Sanger, Arvid Lunnemark, Sualeh Asif, Michael Truell
– Location: San Francisco
– Total funding: $176 million
– Description: Anysphere specializes in AI coding software, with its popular product Cursor that predicts users’ next lines of code.
– Highlights: Despite being relatively unknown, Anysphere raised $105 million at a valuation of $2.5 billion, attracting investments from Benchmark, Andreessen Horowitz, and OpenAI.
**Attention**
– Founders: Anis Bennaceur, Matthias Wickenburg
– Location: New York
– Total funding: $17.1 million
– Description: Attention uses natural language processing to enhance CRM programs and generate action items from sales calls.
– Highlights: Attention’s AI-driven approach to CRM management has garnered attention, with $14 million raised from various investors in October 2024.
**Clasp**
– Founder and CEO: Tess Michaels
– Location: Boston
– Total funding: $30 million
– Description: Clasp assists employers in securing critical talent early, focusing on fields facing workforce shortages like healthcare.
– Highlights: With a vision akin to a modern ROTC program for essential professions, Clasp is expanding its reach beyond healthcare, supported by a recent $10 million funding round led by Crosslink Capital.
**CodaMetrix**
– President and CEO: Hamid Tabatabaie
– Location: Boston
– Total funding: $95 million
– Description: CodaMetrix leverages AI to analyze clinical notes and generate medical codes for billing and claims.
– Highlights: Addressing a crucial aspect of hospital revenue management, CodaMetrix has raised significant funding to support its innovative approach.
CodaMetrix was established in 2019 as a spinoff from Mass General Brigham to streamline the manual assignment of numerical codes to medical services and diagnoses, enabling healthcare providers to ensure they receive proper payment for their care. The company has garnered significant investor interest and recently secured a $40 million Series B funding round in March. By automating administrative tasks, CodaMetrix aims to alleviate the burden on healthcare providers. The startup has collaborated with prestigious health systems such as Mayo Clinic and Yale Medicine to develop innovative revenue cycle management solutions. In the past year, CodaMetrix has bolstered its executive team with key hires, including a new chief technology officer and COO.
Cohere Health, based in Boston, has raised a total of $106 million. The company specializes in automating the pre-authorization process for medical treatments. By working with health plans like Humana and Geisinger, Cohere Health aims to make prior authorization more efficient and accurate through the use of AI technology. This approach helps save money for health plans and reduces unnecessary denials for patients. Cohere Health recently secured a $50 million Series B extension in February 2024, with investments from Deerfield Management, Define Ventures, and Flare Capital Partners. The company has introduced new products, including tools to assist health plans in meeting prior authorization compliance standards set by the Centers for Medicare and Medicaid Services.
Coram AI, headquartered in Sunnyvale, California, has raised $30 million. The company specializes in integrating agentic AI software into existing security systems and cameras. By leveraging AI technology, Coram AI enhances visual security capabilities to identify and track threats in real-time. The startup secured $13.8 million in funding in January from Battery Ventures, 8VC, and Mosaic Ventures.
Cortica, located in San Diego, has raised over $300 million. The company offers virtual and in-person pediatric care for autism and related conditions such as behavioral issues and sleep disorders. Cortica stands out by focusing on value-based care contracts with health plans and employers, emphasizing better patient outcomes. With a team of over 2,000 providers, Cortica delivers comprehensive care for children with autism through various services like physical therapy and neurology. In November, the company raised an $80 million round led by JP Morgan’s healthcare investment fund Morgan Health and Nexus NeuroTech Ventures.
Daedalus, based in Karlsruhe, Germany, has raised $32.6 million. The company, founded by ex-OpenAI engineer Jonas Schneider, specializes in optimizing factory operations and production robots through AI technology. Daedalus automates tasks associated with manufacturing processes, reducing the need for constant reprogramming of production robots. The startup, part of Y Combinator’s winter 2020 cohort, aims to enhance efficiency in factory operations with its AI robotics technology.
In the manufacturing process, Daedalus can render a fully-completed version of a CAD drawing provided by clients. The startup recently secured a fresh $21 million Series A funding in February 2024 to further its mission of automating manufacturing processes in various industries, such as semiconductors and healthcare.
Decagon, led by cofounders Jesse Zhang and Ashwin Sreenivas, is based in San Francisco and has raised a total of $100 million. The company develops AI support agents that autonomously handle customer inquiries through chat, email, or voice calls. Their promising trajectory includes a significant $65 million Series B funding round, with support from Bain Capital Ventures, Elad Gil, A*, Accel, Bond Capital, and Acme Capital. Notable companies like Bilt, Duolingo, Eventbrite, Notion, and Rippling utilize Decagon for customer interactions.
Decart, founded by Moshe Shalev and Dean Leitersdorf in San Francisco, is an AI research lab focused on efficiency. The company aims to reduce training and operational costs associated with foundation models through its infrastructure platform. Decart garnered attention with a $21 million seed funding round from Sequoia and Oren Zeev and launched a demo called Oasis that garnered significant interest in the tech industry. The startup further secured $32 million from Benchmark and other investors, expanding its team and product offerings.
EliseAI, headquartered in New York and led by CEO Minna Song, has raised a total of $172 million. The company sells AI assistants primarily to housing operators and healthcare providers to streamline tasks like maintenance requests and appointment scheduling. EliseAI achieved unicorn status in 2024 following a $75 million Series D round. The technology has been lauded for its efficiency in automating interactions for housing management and healthcare industries, reducing costs and improving productivity.
Based in London, Flo Health is a digital women’s health company that offers a period tracking and wellness app. Flo reached unicorn status in 2024 after securing a $200 million investment from General Atlantic. The company, established in 2015, gained popularity for its comprehensive suite of products, including period tracking and personalized insights into reproductive health. Flo also introduced an ‘Anonymous Mode’ feature following the repeal of Roe v. Wade to enhance user privacy.
The app allows users to access health data without sharing any personal information. After a successful fundraising round in 2024, a startup is actively hiring over 100 positions in Vilnius, Lithuania. The company also plans to grow its user base and enhance offerings for individuals experiencing menopause.
Glean:
– CEO: Arvind Jain
– Headquarters: San Francisco
– Total Funding: $560 million
– Description: Glean develops search chatbots and agents for businesses to facilitate information search and content creation across different systems. The company’s revenue reached over $100 million last year and is expanding into new markets and sectors in 2025.
Grow Therapy:
– Co-founders: Alan Ni, Jake Cooper, Manoj Kanagaraj
– Headquarters: New York City
– Total Funding: $178 million
– Description: Grow Therapy collaborates with independent therapy practices to streamline administrative tasks and connect patients with therapists covered by insurance. The startup recently secured $88 million in Series C funding and is praised for enabling therapists to manage their practices effectively.
Harvey:
– Co-founders: Winston Weinberg, Gabe Pereyra
– Headquarters: San Francisco
– Total Funding: $500 million
– Description: Harvey offers a generative AI legal tech platform for lawyers and paralegals to aid in contract analysis, due diligence, litigation, and compliance. With substantial growth and significant investor backing, the company’s valuation doubled to $3 billion following a $300 million funding round in 2024.
Hue:
– Co-founders: Janvi Shah, Sylvan Guo, Nicole Clay
– Headquarters: Remote
– Total Funding: $4.5 million
– Description: Hue assists brands and retailers in online selling by incorporating user-generated video reviews into product pages. The startup’s innovative approach resembles TikTok-style video reviews, enhancing conversion rates and user engagement.
KNIME:
– Co-founder and CEO: Michael Berthold
– Headquarters: Zurich, Switzerland
– Total Funding: $53.8 million
– Description: KNIME provides a low-code, open-source data analytics platform for businesses. With a global presence and a mission to democratize data analytics, the startup aims to empower organizations with advanced data analytics capabilities.
Narrative AI was utilized by the cofounder and CEO Michael Berthold to enhance the accessibility of their mission, as previously shared with Business Insider. The startup successfully secured $30 million in equity funding from Invus in August 2024 and currently serves more than 400 enterprise clients, including renowned companies like Audi, Novartis, and P&G.
LandbaseHQ, based in San Francisco, has raised a total of $12.5 million. The company’s primary focus is on utilizing AI agents to automate various go-to-market procedures. Landbase has shown great promise since its establishment in 2023 by effectively employing agentic AI to automate GTM strategies, training its GTM Omni model using vast amounts of data. In July 2024, the company raised an additional $12.5 million from First Minute Capital and 8VC, and it recently acquired LavaReach, an AI-powered prospect research tool.
Legora, now known as LeyaLegora, was founded by Max Junestrand in Stockholm with offices in London. The company has raised a significant amount of $37 million. Legora’s platform is designed to streamline legal work, assisting lawyers in tasks such as reviewing, drafting, and research. Following its graduation from the prestigious startup accelerator Y Combinator, Legora attracted funding from prominent investors like Benchmark, Redpoint, and Alt Capital, propelling its expansion across Europe and the US.
Midi Health, headquartered in San Francisco, has raised an impressive $100 million. The company collaborates with employers and health systems to offer virtual care services specific to menopause. With a focus on women’s health beyond fertility and maternal care, Midi is a frontrunner in the growing market for menopause support. The startup provides virtual services, including hormonal-replacement therapy and lifestyle support for individuals experiencing hormonal changes, such as hot flashes and weight gain during perimenopause and menopause.
Neubird, based in Redwood City, has secured a total of $44.5 million in funding. The company specializes in using artificial intelligence to monitor, analyze, and resolve IT issues for businesses. Neubird’s AI-powered ITOps engineer, Hawkeye, automates the detection and resolution of IT problems, offering relief to software engineers from routine troubleshooting. The startup has gained traction among startups and large financial institutions, with recent funding rounds led by Microsoft’s M12 and Mayfield.
Nimble.ai, headquartered in San Francisco, has raised a substantial $221 million. The company focuses on developing fully autonomous e-commerce fulfillment centers utilizing its warehouse robots. These robots are capable of retrieving inventory, picking items, packing orders, and sorting packages autonomously, revolutionizing the e-commerce fulfillment process.
Nimble, backed by FedEx and Accel, is developing a nationwide network of advanced robotic warehouses to offer faster and more cost-effective logistics solutions. The company aims to address the challenge faced by companies like Puma and AdoreMe in scaling their operations amidst a shortage of warehouse workers. Recently securing $106 million in funding from FedEx and Cedar Pine, Nimble’s valuation now stands at $1 billion.
Norm AI, led by CEO John Nay, is based in New York and has raised a total of $38 million. The company specializes in creating AI agents to automate compliance tasks and regulatory assessments by translating intricate regulations into computer-readable code. Norm AI has garnered significant interest, securing multiple rounds of funding within a short span of 11 months.
Please, founded by Omar Shaya and headquartered in Palo Alto, California, offers an AI assistant to help consumers with various tasks such as booking trips and managing reservations. With backing from major investors like Amazon and General Catalyst, Please has rebranded from MultiOn and utilizes web-based AI agents powered by LLMs.
Reality Defender, located in New York, has raised $40 million and developed a platform to detect deepfakes, which are AI-generated content. The company’s technology is especially crucial in identifying fraudulent content and misinformation in images, text, video, and audio. Reality Defender’s services cater to enterprise clients and provide tools to analyze and determine the level of AI modification in content.
Remark, based in Boston and founded by Ian Patterson, Carl-Philip Majgaard, and Theo Satloff, has secured $10 million in funding. The company specializes in a shopping guidance platform that connects online shoppers with product experts for purchase advice. Remark’s innovative approach simulates the experience of interacting with a sales associate, leading to enhanced decision-making and increased revenue for brands.
Robin AI, led by CEO Richard Robinson and with headquarters in London and New York, offers AI solutions to streamline various business processes.
Robin AI has raised a total of $71 million to develop an AI legal assistant that creates and evaluates contracts for companies and their legal teams. The company’s promising future is highlighted by two funding rounds in 2024: a $26 million Series B led by Temasek and a $25 million follow-on investment with contributions from Paypal Ventures and Cambridge University. Founded in 2019 by Richard Robinson, a former lawyer at Clifford Chance, and James Clough, a machine learning researcher, Robin AI’s AI-powered platform helps streamline contract review processes for in-house counsel teams and enterprises.
Rogo, based in New York, has amassed $27 million in funding. The company develops an AI agent to aid Wall Street professionals with tasks like company research and memo drafting. With previous experience in investment banking, cofounders Gabe Stengel and John Willett have created an AI-powered platform that assists analysts in quickly analyzing earnings and constructing market maps. Investors include Khosla Ventures, AltCapital, AlleyCorp, and BoxGroup.
San Francisco-based Rox, with $50 million in total funding, offers AI sales assistants that automate tasks and provide data-driven insights for sales teams. The company’s tools are gaining popularity among sales teams for reducing administrative work and improving deal execution. Rox streamlines CRM updates, news event summaries, and outreach drafting, allowing sales representatives to focus on closing deals. The startup has received funding from Sequoia, Google Ventures, and General Catalyst and is currently in public beta.
Sierra, founded by Bret Taylor and Clay Bavor, has raised $285 million in funding. The company’s AI conversational agents interact with customers and have been utilized by companies like ADT, Casper, and Sonos for customer service inquiries. Sierra’s valuation reached $4.5 billion by the end of 2024.
Skyfire, headquartered in San Francisco, operates as a payment network enabling AI agents to autonomously handle spending on behalf of humans. With $8.5 million in seed funding from firms like Neuberger Berman and DRW, Skyfire is an early entrant in the agentic space within fintech, addressing the regulatory and societal considerations associated with AI-enabled transactions.
Investment firms such as Growth Partners, Arrington Capital, RedBeard Ventures, and others have supported various innovative companies in recent years. One such company, Smartcat, founded and led by CEO Ivan Smolnikov, is based in Amsterdam and has raised a total of $75 million. Smartcat specializes in providing AI-generated translation services for businesses, offering a cost-effective solution for companies looking to expand globally. With the capability to translate written and spoken content into over 280 languages, Smartcat facilitates the distribution of corporate materials across different office locations worldwide.
Another notable company, StackGen, headquartered in San Francisco, has raised $12.3 million. Co-founded by CEO Sachin Aggarwal, StackGen utilizes AI technology to automatically generate infrastructure components like servers, databases, and networking from code. This innovative approach targets the software development sector, aiming to streamline the process for developers by leveraging AI to handle infrastructure tasks traditionally performed by humans.
Sublime Security, based in Washington, DC, has raised a significant $94 million. The company specializes in email security, utilizing its platform to detect and prevent malicious behaviors in email communications, thereby enhancing organizations’ defenses against cyber threats such as phishing and email fraud. As the demand for advanced security solutions grows in response to evolving cyber threats, Sublime Security has experienced rapid growth and attracted investment from top-tier backers.
SuperAGI, located in Newark, Delaware, has secured $15 million in funding. Specializing in AI Agents for automated sales, marketing, support, and app development, SuperAGI received a notable investment from Newlands VC, founded by WhatsApp co-founder Jan Koum. The company targets enhancing business operations by providing AI-powered tools that are utilized by major tech companies like Google, Tesla, OpenAI, and Microsoft.
Synthesia, headquartered in London and having raised over $350 million, is known for its AI video creation platform, assisting companies in various tasks such as training, customer support, and sales. Since its establishment in 2017, Synthesia has been a pioneer in the generative AI industry, continuously expanding its services to address a wider array of business requirements. With a diverse clientele including prominent companies like Heineken, Dupont, and Zoom, Synthesia has established itself as a leading AI video creator in the market.
Based in San Francisco, Together AI has raised $232 million and developed an open-source generative AI and infrastructure platform for AI model development. The company focuses on providing data centers tailored to support the development of AI models efficiently and effectively.
Dedicated to AI workloads, these innovative companies are making waves in the tech industry. Torq, a leader in autonomous security operations, recently secured $106 million in funding led by Salesforce Ventures, pushing its valuation past $1 billion. With investors like Coatue, Kleiner Perkins, NEA, Greycroft, and Nvidia, Torq is now eyeing a $3 billion valuation in its next funding round. The company has seen impressive growth, achieving a 300% revenue increase and expanding its team by 200% in 2024. Notable clients such as Chipotle Mexican Grill, Inditex, PepsiCo, Procter & Gamble, and Siemens trust Torq to protect them against cyber threats.
Unify, based in San Francisco, has raised $18.2 million to develop a performance management system for sales teams. Backed by OpenAI and Thrive Capital, Unify helps sales professionals craft personalized “warm outbound” emails that stand out in crowded inboxes. The company’s team includes former employees of Spotify, Airbnb, and Ramp.
Vapi, another San Francisco-based startup, has raised $20 million to create an infrastructure tool for developers to build AI voice agents. Investors are eager to support AI agents, particularly those focused on interpreting spoken commands. Vapi’s platform allows developers to easily create, test, and implement AI voice agents for various business applications, from reception services to sales calls. The startup received funding from Bessemer Venture Partners, Abstract Ventures, AI Grant, Y Combinator, Saga Ventures, and Michael Ovitz.
Writer, headquartered in San Francisco and led by CEO May Habib, has raised an impressive $326 million to develop a comprehensive generative AI platform for businesses. Specializing in enterprise AI, Writer offers a secure and customizable solution that caters to specific business needs, setting it apart from more generic models like OpenAI. With a focus on data privacy, compliance, and industry-specific AI solutions, Writer has attracted major clients, including Fortune 500 companies. The company recently received a $200 million Series C funding round that valued it at $1.9 billion.
7AI, founded by Lior Div in Boston, has raised $36 million to develop AI agents that autonomously respond to alerts and investigate cyber threats for security operations teams. With Div’s background in cybersecurity from cofounding Cyberreason, 7AI is well-positioned to make a significant impact in the industry.
One hundred million dollars. The funding round was spearheaded by Greylock Partners, alongside contributions from Spark Capital and CRV. You can find the complete article on Business Insider.
