📌 12 AI Startups raise $360M+

Today’s 1 min recap:

• Glean raises a $200M+ Series D for its enterprise-search platform

• Reveleer raises $65M for its health plan analytics tool

• Inkitt raises a $37M Series C for its self-publishing platform

• Brain AI raises $30M for its app-less AI phone

• NLX raises a $12M Series A for its conversational AI platform

• 7 more rounds caught by my funding tracker

Together with IMAGINE AI LIVE 24

Businesses that use AI will replace those that don’t…

Businesses powered by AI don’t just lead; they dominate. Don't let your business be the one that gets left behind...

The Imagine AI Live 24 conference, happening March 27-28 at the luxurious Fontainebleau in Las Vegas, will become the nexus of AI innovation and business transformation.

Meet the leaders of the generative AI revolution like:

• Bindu Reddy, CEO of Abacus

• Mark Heaps, Chief Technology Evangelist at Groq

• Div Garg, Founder of MultiOn

Witness live demos of cutting-edge AI tools, and hear from founders and CEOs who are reshaping their businesses with AI. Join like-minded AI leaders, thinkers, and disruptors in a quest to redefine business and the future of work with AI.

Secure your spot now to get 10% OFF, offer ends February 22nd.

→ Register Today

Top picks

A detailed highlight

→ Glean

Amount: $200M+ 🎉

Valuation: $2.2B

Round: Series D

Lead Investor: Kleiner Perkins, Lightspeed Venture Partners

Glean's offers an AI-driven search and knowledge discovery platform designed for the enterprise workspace.

Here's how it works:

• Connects data sources: Slack, Gmail, Confluence, etc., centralizing scattered information.

• AI-powered understanding: Deeply understand content within these connected sources.

• Intuitive search: Search interface similar to consumer search engines, but tailored to finding workplace information.

• Proactive insights: Goes beyond search, surfacing relevant information and answers related to employees' work.

→ Reveleer

Amount: $65M 🎉

Round: Venture Round

Lead Investor: Hercules Capital

Reveleer uses NLP and AI to provide health plans and providers with tools for quality improvement, risk adjustment, and member management, enhancing control over various healthcare programs.

The company has grown its revenue by more than 3x year-over-year in each of the past two years.

→ Inkitt

Amount: $37M 🎉

Valuation: $400M

Round: Series C

Lead Investor: Khosla Ventures

Inkitt offers a self-publishing platform that employs AI to sift through user-generated stories, predicting their success based on reader engagement metrics like Netflix for books.

With an understanding of user engagement and tastes, the platform then uses AI to produce more content. They produce versions of fiction personalized for specific readers, games, audiobooks, and videos.

→ Brain AI

Amount: $30M 🎉 (Not confirmed)

Round: Convertible Note

Lead Investor: N/a

Brain AI unveiled a revolutionary app-less smartphone at the Mobile World Congress 2024 with Deutsche Telekom (T-Mobile).

The phone is powered by "Natural", a generative computer interface app that uses AI to provide solutions across different services, aiming for a seamless integration of web, search engines, and apps.

→ NLX

Amount: $12M 🎉

Round: Series A

Lead Investor: Cercano Management

NLX offers an end-to-end enterprise AI platform for creating, managing, deploying, and analyzing chat, voice, and multimodal conversational applications.

Their customers include Red Bull and Copa Airlines.

Other Rounds 🤏

FlowGPT raises a $10M Seed - Building the largest open platform for AI apps

Composable Prompts raises a $4M Seed - Application platform for LLMs

Talus raises a $3M Seed - Blockchain platform to decentralize AI

Myko AI raises a $2.7M Seed - Conversational AI built for sales and revenue teams

Darwin AI raises a $2.5M Seed - Self-learning plug & play AI employee for SMBs

Adrenaline raises a $2.4M Seed - Tools for understanding and modifying large codebases

Kusho raises $0.6M Pre-Seed - AI agents to test code

Bonus 🔥

For the most curious minds!