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📌 10 AI Startups raise $50M+

📌 10 AI Startups raise $50M+

BONUS: Vertical AI Opportunity From BVP

September 06, 2024

TODAY’S FUNDING RECAP 🗓️

Mintlify raises a $18.5M Series A — AI for software documentation
All Hands AI raises a $5M Seed — AI agents for coding
Paradigm raises a $2M Seed — AI for spreadsheets
Sedric raises a $18.5M Series A — Compliance copilot
6 more rounds caught by my funding tracker

Read time: 2 minutes

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TOP PICKS 📢

1/4

→ Mintlify

Amount: $18.5M 🎉

Round: Series A

Lead Investor: Andreessen Horowitz

Mintlify offers a set of tools to simplify the creation and maintenance of software documentation.

It assists developers with writing guides, API references, SDK docs, and chatbots (powered by OpenAI’s API) to explain the ins and outs of their software and services.

One of its key features is the ability to automatically generate and update documentation using AI. This includes scanning for outdated content and analyzing user engagement to suggest improvements.

2/4

→ All Hands AI

Amount: $5M 🎉

Round: Seed

Lead Investor: Menlo Ventures

All Hands is building an open-source AI agent to assist developers with routine coding tasks.

Their agent assists with tasks from writing unit tests to identifying and addressing changes across codebases. It also integrates into existing workflows, and supports popular development environments like VS Code.

3/4

→ Paradigm

Amount: $2M 🎉

Round: Seed

Paradigm is an AI-powered spreadsheet tool that automates data collection and manipulation.

It uses AI agents to pull information from the web and populate spreadsheet cells automatically. Users can create a spreadsheet and instruct the system to gather data from platforms like GitHub, LinkedIn, and Twitter. The system fills cells at up to 500 cells per minute.

4/4

→ Sedric

Amount: $18.5M 🎉

Round: Series A

Lead Investor: Foundation Capital

Sedric is an AI copilot for financial institutions to monitor and manage compliance risks.

Their platform monitors various communication channels, such as calls, emails, chats, and social media, for potential compliance breaches. The platform uses compliance LLMs tailored for financial services to quickly identify and flag deviations from compliance policies, reducing the need for costly manual reviews.