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- π 7 AI Startups raise $85M+
π 7 AI Startups raise $85M+
BONUS: Apple Intelligence Recap
TODAYβS RECAP ποΈ
Seven AI raises a $36M Seed β AI-powered cybersecurity software
Anterior raises a $20M Series A β AI copilot for clinicians
Alexi raises a $11M Series A β AI assistant to create legal memos
Jump raises a $4.6M Round β AI assistant for financial advisors
3 more rounds caught by my funding tracker
Read time: 2 minutes
TOGETHER WITH RYSE
Invest before this company becomes a household name
What if you had the opportunity to invest in the biggest electronics products before they launched into big box retail, would you?
Ring changed doorbells and Nest changed thermostats. Early investors in these companies earned massive returns, but the opportunity to invest was limited to a select, wealthy few. Not anymore. RYSE has just launched in 100+ Best Buy stores, and you're in luck β you can still invest at only $1.50/share before their name becomes known nationwide.
They have patented the only mass market shade automation device, and their exclusive deal with Best Buy resembles that which led Ring and Nest to their billion-dollar buyouts.
TOP PICKS π’
1/5
Amount: $36M π
Round: Seed
Lead Investor: Greylock
Seven AI is building AI-powered cybersecurity software.
The company says its software autonomously hunts for cyber threats and conducts investigations. For example, it can interact with a company's HR system to verify a userβs identity after detecting failed login attempts and take action to remove the threat.
Notably, the founders previously co-founded Cybereason, a $3B company in 2021.
2/5
Amount: $20M π
Valuation: $95M
Round: Series A
Lead Investor: New Enterprise Associates
Anteriorβs AI copilot, Florence, automates the administrative process of prior authorization for healthcare insurance.
The copilot clinically reasons to gather and analyze necessary medical documentation required by insurance, streamline approvals, and ensure compliance. See their pitch deck
3/5
Amount: $11M π
Round: Series A
Lead Investor: Drive Capital
Alexi assists lawyers with generating high-quality legal memos, identifying pertinent legal issues, and performing routine litigation tasks.
The platform uses AI to automate and expedite the legal research process, reducing the time and effort required from legal teams.
4/5
Amount: $4.6M π
Round: Venture Round
Lead Investor: Sorenson Capital
Jump is an AI assistant for financial advisors.
The assistant automates administrative tasks such as note-taking, data aggregation from previous client interactions, meeting preparation, follow-up email generation, task list creation, and data synchronization with CRM systems.
OTHER ROUNDS π€
ESSENTIAL INTRODUCTIONS
β ARX Robotics raises a $9.7M Seed β Autonomous robots for defence and commercial applications
β Kelvin raises a $5.1M Round β AI for home energy audits
β Gatik raises an undisclosed Round β Autonomous transportation as a service (ATaaS)
PITCH DECKS & TOOLS βοΈ
Anterior $20M Series A - AI copilot to gather and analyze necessary medical documentation required by insurance
Storyblok $80M Series C - AI-powered content management system for enterprises
Atropos Health $33M Series B - AI to transform clinical data into real-world evidence
Trending Business Tools
BONUS π₯
FOR CURIOUS MINDS
TLDR: Apple is building a personal companion with Apple Intelligence & Siri
Everything you need to know:
1. What is Apple Intelligence?
β Chief AI Officer (@chiefaioffice)
8:44 PM β’ Jun 10, 2024
THATβS IT FOR TODAY
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