πŸ“Œ 8 AI Startups raise $500M+

BONUS: The AI-Enabled Services Playbook From Emergence

TODAY’S FUNDING RECAP πŸ—“οΈ

  • Mercor raises a $100M Series B β€” Recruitment

  • Together AI raises a $305M Series B β€” GPU cloud & LLM infra

  • Henry raises a $4.3M Seed β€” Copilot for commercial real estate brokers

  • CTGT raises a $7.2M Seed β€” Control accents in real-time

  • 4 more rounds caught by my funding tracker

Read time: 3 minutes

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TOP PICKS πŸ“’

1/4

Amount: $100M πŸŽ‰

Valuation: $2B

Round: Series B

Lead Investor: Felicis

Mercor uses AI to vet and interview job candidates, matching them to open roles.

Candidates who use Mercor undergo a 20-minute AI interview that evaluates their skills and generates a comprehensive profile. The platform then matches them with relevant full-time, part-time, or hourly roles based on their strengths. Beyond traditional recruitment, Mercor connects AI companies with experts such as consultants, PhDs, doctors, lawyers, and engineers who can provide specialized data to enhance AI training.

Notably, the company has grown ARR by 40%+ MoM to $75M in the last 2 years.

2/4

Amount: $305M πŸŽ‰

Valuation: $3.3B

Round: Series B

Lead Investor: General Catalyst, Prosperity7 Ventures

Together AI is a cloud platform for AI workloads that provides:

  • Access to GPUs to train, fine-tune, and run inference on AI models

  • Tools and services for developing and deploying LLMs into applications

  • API endpoints for Open-source LLMs

3/4

Amount: $4.3M πŸŽ‰

Round: Seed

Lead Investor: 1Sharpe Ventures, Susa Ventures

Henry is an AI copilot for commercial real estate (CRE) brokers that generates custom presentations and financial modelling for deals.

The platform automates research by consolidating unstructured CRE data into actionable insights. Brokers and analysts can instantly access sales and rental data, market demographics, foot traffic trends, and economic development tracking without manually compiling reports and financial projections.

4/4

Amount: $7.2M πŸŽ‰

Round: Seed

Lead Investor: Gradient Ventures

CTGT assists enterprises in customizing and deploying machine learning models at lower costs.

The platform incorporates feature learning, which allows AI models to recognize patterns and structures in raw data without explicit programming which reduces the computational resources required to train and run models. Additionally, CTGT’s system provides continuous monitoring and auditing capabilities to detect and mitigate unwanted behaviours such as hallucinated responses or biased outputs.

OTHER ROUNDS 🀏

ESSENTIAL INTRODUCTIONS

β†’ Arize AI raises a $75M Series C β€” AI observability and evaluation platform

β†’ OpenInfer raises a $8M Seed β€” AI inference engine for edge applications

β†’ Variational AI raises a $5.5M Seed β€” Foundation model for small molecule drug discovery

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