πŸ“Œ 13 AI Startups raise $375M+

BONUS: AI Funding Database

πŸ—“οΈ Today’s 1 min recap:

  • Corelight raises a $150M Series E β†’ AI-powered network detection and response (NDR) security platform

  • Arbol raises a $60M Series B β†’ AI-powered parametric climate insurance

  • Elisity raises a $37M Series B β†’ Identity-based microsegmentation security platform

  • SafeBase raises a $33M Series B β†’ AI to automate security reviews

  • Inhabitr raises a $27M Series B β†’ AI-powered commercial real estate furnishing

  • 8 more rounds caught by my funding tracker

Read time: 2.5 minutes

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TOP PICKS πŸ“’

A detailed highlight

Amount: $150M πŸŽ‰

Round: Series E

Lead Investor: Accel

Corelight is an AI-powered open network detection and response (NDR) platform for cybersecurity service teams.

The platform uses AI to analyze vast amounts of network data in real-time, allowing for more accurate detection of anomalies and potential threats.

Notably, the company has a 40% YoY ARR growth and 300% growth in their AI-driven NDR solutions.

Amount: $60M πŸŽ‰

Round: Series B

Lead Investor: Giant Ventures, Opera Tech Ventures

Arbol provides parametric insurance that uses predefined climate data triggers (such as wind speed or rainfall level) for payouts, eliminating the need for traditional claims adjustments.

This method offers quick financial relief and is particularly effective in areas where traditional insurance models are less efficient.

The platform uses AI/ML to enhance underwriting precision, optimizing risk assessment and pricing accuracy.

Amount: $37M πŸŽ‰

Round: Series B

Lead Investor: Insight Partners

Elisity is an identity-based microsegmentation security platform, using AI to enhance network security by dynamically managing access and policies based on user and device identity.

This approach allows organizations to enforce precise security measures, minimizing the risk of insider threats and external breaches by controlling how resources are accessed and used across the network.

Amount: $33M πŸŽ‰

Round: Series B

Lead Investor: Touring Capital

SafeBase is an AI platform to automate the process of software security reviews.

Their platform provides comprehensive and automated checks that ensure security standards are met without extensive manual oversight, accelerating the evaluation of security measures within software applications.

Amount: $27M πŸŽ‰

Round: Series B

Lead Investor: Hamilton Ventures

Inhabitr is an AI-powered platform that facilitates the discovery, curation, purchase, and valuation of furniture and fixtures for commercial properties.

This platform is designed to handle large-scale projects efficiently by leveraging real-time data on global furniture availability and costs.

Notably, the platform can furnish properties 50% faster and reduce costs by up to 30% compared to traditional methods.

OTHER ROUNDS 🀏

Essential introductions

β†’ Invent Analytics raises a $17M Series B - AI-powered inventory and pricing optimization solutions for retailers and FMCG companies

β†’ Trovo Health raises a $15M Seed - AI-powered healthcare assistants

β†’ Wisdomise raises a $9.5M Round - AI-powered crypto trading & insights

β†’ FINDMINE raises a $9M Series A - AI copilot to create dynamic shoppable content

β†’ neuroClues raises a $5.3M Seed - AI-driven diagnosis of Parkinson’s disease with high-speed eye-tracking technology

β†’ Ovom Care raises a $5.1M Seed - AI-powered fertility care

β†’ Seam AI raises a $5M Seed - Chat with all of your sales and marketing data

β†’ Ceartas raises a $4.5M Seed - AI-powered brand protection

AI PITCH DECKS πŸ”–

New Pitck Deck: Read AI’s $21M Series A πŸ‘‡πŸΌ

BONUS πŸ”₯

For the most curious minds!

THAT’S IT FOR TODAY

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