📌 14 AI Startups raise $380M+

BONUS: Scale AI CEO on OpenAI & Google

May 17, 2024

TODAY’S RECAP 🗓️

  • Vercel raises a $250M Series E — Front-end cloud with generative UI

  • PolyAI raises a $50M Series C — AI voice agents for customer support

  • Voxel51 raises a $30M Series B — Visual AI platform

  • Leya raises a $10.5M Seed — AI lawyer assistant

  • Artisan AI raises a $7.3M Seed — Autonomous AI employees

  • 5 more rounds caught by my funding tracker

Read time: 3 minutes

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TOP PICKS 📢

1/5

Amount: $250M 🎉

Valuation: $3.25B

Round: Series E

Lead Investor: Accel

Vercel’s Frontend Cloud platform simplifies the deployment and scaling of web applications.

It includes Next.js, a popular React framework, and the Vercel AI SDK for building AI applications. Additionally, Vercel offers a generative UI product that turns prompts into functional user interfaces.

2/5

Amount: $50M 🎉

Valuation: $500M

Round: Series C

Lead Investor: Hedosophia, NVentures, Zendesk

PolyAI builds advanced voice assistants to handle customer service calls.

These voice assistants use LLMs to provide natural conversational experiences, support multiple languages, and integrate seamlessly with existing enterprise systems.

3/5

Amount: $30M 🎉

Round: Series B

Lead Investor: Bessemer Venture Partners

Voxel51 is a suite of open-source products used for managing, collaborating, and refining data and models for visual AI applications.

The platform allows users to examine, curate, evaluate, and iterate on their images and video data to refine AI models.

4/5

Amount: $10.5M 🎉

Round: Seed

Lead Investor: Benchmark

Leya is an AI assistant tailored specifically for legal professionals.

This assistant is designed to integrate seamlessly with a firm's internal knowledge databases as well as external sources. It facilitates various aspects of legal work, such as answering complex legal questions, conducting due diligence, and drafting documents.

5/5

Amount: $7.3M 🎉

Round: Seed

Lead Investor: Oliver Jung

Artisan AI develops fully autonomous AI employees called Artisans.

The first AI BDR employee, Ava, can prospect, craft hyper-personalized emails, reply to inquiries, and book meetings autonomously. Artisan AI plans to introduce more AI employees, such as Liam (Marketing) and James (Customer Success), to cover additional business functions​.

OTHER ROUNDS 🤏

ESSENTIAL INTRODUCTIONS

→ CoLab Software raises a $21M Series B — Building AI models to assist with mechanical engineering design

→ Recall raises a $10M Series A — API for meeting bots

→ Angel raises a $4.75M Seed — Personal AI for kids

→ Spoor raises a $4M Seed — Computer vision and AI to detect, track, and classify birds in wind farms

→ Apriora raises a $2.8M Seed — AI-powered interviewing

PITCH DECKS & TOOLS ⚒️

Trending Business Tools

  • Julius AI - Your AI data analyst to analyze and chat with your data

  • Play.ht - Create conversational phone agents using voice AI

  • Colossyan - Create your video avatar

BONUS 🔥

FOR CURIOUS MINDS

THAT’S IT FOR TODAY

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