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📌 16 AI Startups raise $350M+

📌 16 AI Startups raise $350M+

BONUS: AI in Logistics From Foundation Capital

October 16, 2024

TODAY’S FUNDING RECAP 🗓️

Decagon raises a $65M Series B — AI agents for customer support
Gladia raises a $16M Series A — Audio intelligence API
Concourse raises a $4.7M Seed — AI agents for corporate finance
Galileo raises a $45M Series B — AI evaluation platform
Liner raises a $29M Series B — Academic search engine
11 more rounds caught by my funding tracker

Read time: 3 minutes

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TOP PICKS 📢

1/5

→ Decagon

Amount: $65M 🎉

Round: Series B

Lead Investor: Bain Capital Ventures

Decagon offers AI agents to handle enterprise customer support with human-like precision.

Their agents can answer questions about how applications work, issue refunds, cancel subscriptions, dispute transactions or even replace a credit card. They are trained on a company’s specific enterprise data, such as manuals, past customer interactions, and how-to guides to mirror a highly skilled human agent.

2/5

→ Gladia

Amount: $16M 🎉

Round: Series A

Lead Investor: XAnge

Gladia offers audio infrastructure to transcribe, translate and analyze audio data in real-time in over 100 languages using AI models.

Their real-time API allows businesses to automate transcription, sentiment analysis, summarization, and extract meaningful insights from conversations with under 300ms latency.

3/5

→ Concourse

Amount: $4.7M 🎉

Round: Seed

Lead Investor: Andreessen Horowitz, CRV

Concourse is an AI analyst for corporate finance teams.

Their AI analyst can autonomously perform tasks, analyze data, generate insights, and reduce manual data manipulation. It connects with existing financial systems like NetSuite, enabling teams to retrieve data, generate reports, create financial models, and answer ad-hoc questions through natural language commands.

4/5

→ Galileo

Amount: $45M 🎉

Round: Series B

Lead Investor: Scale Venture Partners

Galileo provides AI developers with tools to evaluate, monitor, and secure their AI models at scale.

The platform allows AI teams to quickly assess model accuracy, detect issues like hallucinations, and track performance across various use cases. Their product suite supports the entire AI development lifecycle, from fine-tuning models to continuous monitoring post-deployment while ensuring scalability across millions of user queries.

5/5

→ Liner

Amount: $29M 🎉

Round: Series B

Lead Investor: Atinum Partners, InterVest

Liner is an AI search engine that specializes in retrieving accurate and credible information from academic sources.

Its UX is similar to ChatGPT but narrows its search to high-quality, trusted materials like academic papers and government databases. Liner supports over 100 languages and is used across academic disciplines, including medicine, engineering, humanities, and social sciences.