📌 6 AI Startups raise $190M+

BONUS: AI For Accounting From a16z

June 28, 2024

TODAY’S RECAP 🗓️

  • Synthflow raises a $7.4M Seed — AI voice assistants

  • Orby AI raises a $30M Series A — AI agents for enterprises

  • Dust raises a $16M Series A — Custom AI assistants

  • Axelera AI raises a $68M Series B — Edge AI hardware

  • 2 more rounds caught by my funding tracker

Read time: 3 minutes

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TOP PICKS 📢

1/4

Amount: $7.4M 🎉

Round: Seed

Lead Investor: Singular

Synthflow is a no-code tool that allows SMEs to create and deploy AI voice assistants.

The platform supports multiple languages, including English, German, and French, and is designed to handle tasks such as call handling, appointment scheduling, and customer inquiries. These voice assistants can also perform "information extraction" tasks, such as collecting customer details for follow-up.

2/4

Amount: $30M 🎉

Round: Series A

Lead Investor: New Enterprise Associates, Wing Venture Capital, WndrCo

Orby AI builds AI agents to automate back-office processes.

The platform’s AI agents observe how tasks are performed by human workers and then generate automation to handle these tasks. Notably, their agents can also adapt to changes such as updates in an application’s UI by analyzing API interactions and user behaviour.

3/4

Amount: $16M 🎉

Round: Series A

Lead Investor: Sequoia Capital

Dust AI allows teams to design, deploy, and manage specialized AI assistants tailored to specific needs.

The assistants can handle complex workflows and provide granular control over tasks like data extraction, semantic search, web navigation, and more. They also integrate with various data sources, tools, and support multiple AI models from providers.

4/4

Amount: $68M 🎉

Round: Series B

Axelera AI develops AI hardware for edge computing environments like security, retail, automotive and robotics.

Their flagship product is a high-performance AI inference engine that enables real-time data processing and decision-making at the edge, reducing the need for constant cloud connectivity.

OTHER ROUNDS 🤏

ESSENTIAL INTRODUCTIONS

→ Adonis raises a $31M Series B — Revenue intelligence and automation for healthcare

→ Topicflow raises a $1.8M Seed — AI-powered performance management

PITCH DECKS & TOOLS ⚒️

New Pitch Decks

Trending Business Tools

  • Quill AI - Use LLMs to speed up the equity research

  • Figma AI - AI built-in Figma, turns text into visual design with ease

  • Otto - AI in tables. Automate thousands of tasks in minutes

BONUS 🔥

FOR CURIOUS MINDS

Death, Taxes, and AI: How Generative AI Will Change Accounting | Andreessen Horowitz

Generative AI is working its way into everything, and firms want to show they are implementing this new tech — especially those that serve the accounting market.

a16z.com/generative-ai-in-accounting

THAT’S IT FOR TODAY

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