📌 6 AI Startups raise $100M+

🗓️ Today’s 1 min recap:

• Hippocratic AI raises a $53M Series A for its healthcare AI agents

• Lily AI raises a $20M Series B-1 for its e-commerce recommendation engine

• Draftwise raises a $20M Series A for its contract and negotiation platform

• Superlinked raises a $9.5M Seed for its vector embedding platform

• 2 more rounds caught by my funding tracker

Read time: 2.5 minutes

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TOP PICKS 📢

A detailed highlight

→ Hippocratic AI

Amount: $53M 🎉

Valuation: $500M

Round: Series A

Lead Investor: General Catalyst, PremjiInvest

Hippocratic AI has launched an AI-driven staffing marketplace for the healthcare sector.

This platform allows healthcare providers to "employ" AI agents powered by their foundational model for low-risk, non-diagnostic tasks involving patient interaction. The objective is to mitigate the severe shortage of healthcare professionals, such as nurses, social workers, and nutritionists, both domestically and internationally.

→ Lily AI

Amount: $20M 🎉

Round: Series B-1

Lead Investor: Conductive Ventures

Lily AI provides an AI-powered product matching and recommendations engine that analyzes product data, user behaviour, and market trends.

This analysis helps retailers connect shoppers with the most relevant products in their inventory and provides tailored product suggestions for individual customers during their shopping journey.

→ Draftwise

Amount: $20M 🎉

Round: Series A

Lead Investor: Index Ventures

DraftWise offers an AI-powered contracts tool designed to assist lawyers in drafting and negotiating contracts more efficiently.

The product uses LLMs to help law firms access and utilize their records of past work in one place, thereby streamlining the contract negotiation process.

→ Superlinked

Amount: $9.5M 🎉

Round: Seed

Lead Investor: Index Ventures

Superlinked provides a computational and data engineering framework designed to convert data into vector embeddings.

This technology optimizes retrieval control, quality, and efficiency in real-time, enabling the creation of ML systems for information retrieval and feature engineering.

The company is also open-sourcing parts of its technology to foster development.

OTHER ROUNDS 🤏

Essential introductions

→ OpenMeter raises a $3M Seed - Billing for AI products

→ Quilt raises a $2.5M Seed - AI assistants for presales

NEW PITCH DECKS 🔖

Check out RapidCanvas’s $7.5M Seed pitch deck here

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THAT’S IT FOR TODAY

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