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📌 4 AI Startups raise $100M+

📌 4 AI Startups raise $100M+

BONUS: The AI Agents Stack From Letta

November 15, 2024

TODAY’S FUNDING RECAP 🗓️

Tessl raises a $100M Series A — Automated code generation
Team-GPT raises a $4.5M Seed — Shared AI workspace
2 more rounds caught by my funding tracker

Read time: 2 minutes

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TOP PICKS 📢

1/2

→ Tessl

Amount: $100M 🎉

Valuation: $750M

Round: Series A

Lead Investor: Index Ventures

Tessl enables developers to define software specifications in natural language or structured formats to automate code creation.

The platform utilizes LLMs to interpret these specifications and autonomously generate the corresponding code. Beyond initial development, the platform continuously maintains the software by updating dependencies, addressing vulnerabilities, and optimizing performance. The platform supports major languages like Java, JavaScript, and Python and integrates with other coding assistants too.

2/2

→ Team-GPT

Amount: $4.5M 🎉

Round: Seed

Lead Investor: True Ventures

Team-GPT offers a software suite that integrates multiple AI model providers into workplace systems.

Their unified platform allows companies to manage various AI functionalities without the need for separate subscriptions for each feature. Organizations can also deploy AI models on-premises, ensuring that sensitive data remains is not shared with external entities like OpenAI or Anthropic.