๐Ÿ“Œ 12 AI Startups raise $90M+

BONUS: Bessemer's Investment Strategies for AI

TODAYโ€™S FUNDING RECAP ๐Ÿ—“๏ธ

  • Fathom raises a $17M Series A โ€” AI notetaker

  • Mindtrip raises a $12M Seed โ€” AI trip planner

  • Brightband raises a $10M Series A โ€” Weather forecasting

  • Rep.ai raises a $7.5M Seed โ€” AI sales rep for websites

  • 8 more rounds caught by my funding tracker

Read time: 3 minutes

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TOP PICKS ๐Ÿ“ข

1/4

Amount: $17M ๐ŸŽ‰

Round: Series A

Lead Investor: Telescope Partners

Fathom is an AI notetaker for meetings.

The platform captures meeting conversations, transcribes them, and automatically generates summaries, action items, and follow-up emails. Fathomโ€™s AI also creates personalized meeting summaries based on the type of meeting, such as sales, one-on-one, or Q&A sessions.

2/4

Amount: $12M ๐ŸŽ‰

Round: Seed

Lead Investor: Costanoa Ventures, Forerunner

Mindtrip is an AI trip planner.

Users can plan trips by pulling information from various sources, including social media, blogs, and reviews, and then consolidating it into customizable itineraries. Users can also interact with the platform through features like group chat and collaborative planning, where friends and family can contribute to the same trip itinerary.

3/4

Amount: $10M ๐ŸŽ‰

Round: Series A

Lead Investor: Prelude Ventures

Brightband is building an AI weather forecasting system.

Their platform is open-source and offers tools that can be customized for different industries and use cases. Its AI model will use petabytes of satellite, weather balloon, and radar data to improve forecasting capabilities compared to traditional models.

4/4

Amount: $7.5M ๐ŸŽ‰

Round: Seed

Rep.ai is an AI sales rep for B2B company websites.

Their digital twins use natural language processing trained on a companyโ€™s marketing materials and CRM data to simulate lifelike conversations with potential customers.

OTHER ROUNDS ๐Ÿค

ESSENTIAL INTRODUCTIONS

โ†’ Ferrum Health raises a $16M Series A โ€” Clinical AI platform

โ†’ Vahan raises a $10M Series B โ€” AI recruitment chatbot

โ†’ Velou raises a $5M Round โ€” AI-powered self-optimising product catalogs

โ†’ CUDIS raises a $5M Seed โ€” AI smart ring

โ†’ Statt raises a $2.8M Seed โ€” AI for regulatory and public policy insights

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