📌 AI Startups raise $230M+ today

Today’s 1 min recap:

• Sierra raises $110M to build an enterprise AI agents platform

• Antithesis raises a $47M Seed for its automated software testing & debugging platform

• Rasa raises a $30M Series C for its open-source conversational AI platform

• Quilter raises a $10M Series A for its generative circuit board design software

• Document Crunch raises a $9M Series A to identify risks in contracts

• 11 more rounds caught by my funding tracker

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The world's first Enterprise AI conference: March 27-28, 2024

Imagine AI Live, the world's first conference on Enterprise AI, is set to take place on March 27-28, 2024, at the Fontainebleau Las Vegas.

The 2-day conference will feature:

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• Speakers from the generative AI scene like Bindu Reddy.

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Top picks

A detailed highlight

→ Sierra

Amount: $110M 🎉

Valuation: $1B

Round: Venture Round

Lead Investor: Benchmark, Sequoia Capital

Sierra's believes that conversational AI is the next big shift in customer experience, and they want to help businesses be at the forefront of this change.

Their platform enables businesses to build AI agents that can answer questions, solve problems, and take action on behalf of customers. These agents can be used for a variety of purposes, such as customer support, sales, and marketing.

→ Antithesis

Amount: $47M 🎉

Valuation: $215M

Round: Seed

Lead Investor: Amplify Partners, First In Ventures, Tamarack Global

Antithesis improves software development efficiency with an AI tool that identifies and debugs code issues.

This service aims at software engineers, offering a solution to enhance productivity by handling bugs in various programming languages.

→ Rasa

Amount: $30M 🎉

Round: Series C

Lead Investor: PayPal Ventures, StepStone Group

Rasa offers an open-source conversational AI platform that combines the flexibility of LLMs with the control of traditional chatbots.

Their platform allows businesses to build AI assistants with Rasa Pro (pro-code) and Rasa Studio (low-code) for intuitive, scalable, and secure conversational experiences.

→ Quilter

Amount: $10M 🎉

Round: Series A

Lead Investor: Benchmark

Quilter is building generative software for circuit board design. They aim to make the design process faster, more efficient, and more accessible.

Now in open beta, their AI-powered platform automates various aspects of circuit board design including component placement and routing, design rule checking, and design exploration and optimization.

→ Document Crunch

Amount: $9M 🎉

Round: Series A

Lead Investor: Navitas Capital

Document Crunch demystifies contracts for the construction industry using AI.

Their platform identifies risks in contracts and provides actionable insights to enable informed decision-making throughout the project lifecycle.

Other Rounds 🤏

Seal Security raises a $7.4M Seed - AI for automated, scalable open-source vulnerability remediation

Mindy raises a $6M Seed - Your email-first Chief of Staff

Thunderbirds raises a $5.5M Seed - AR/VR AI frameworks platform & services provider

Sibli raises a $4.5M Seed - AI-powered investment research

TORTUS AI raises a $4.1M Seed - AI-powered healthcare assistant

Cambio raises a $3M Seed - AI-powered phone bots to negotiate debt collection for consumers

Heliux raises $2.3M - AI-powered enterprise operating system

Amply raises a $1.8M Grant - AI-powered drug discovery platform

Segwise raises a $1.6M Pre-Seed - AI-powered observability platform for product and growth teams

Aleet raises a $1.3M Seed - AI-powered fleet management

Logmind raises an undisclosed Seed - AI-powered log data intelligence platform

Bonus 🔥

For the most curious minds!