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🦷 OpenAI invests in this startup
BONUS: AI Unicorn Valuations
Top picks
A quick highlight
Amount: $40M 🎉
Round: Series B
Lead Investor: Menlo Ventures
Eleos Health's mission is to deliver objective care quality metrics and documentation automation to the behavioral health space.
They use proprietary, behavioral health-specific LLMs created with treatment data and clinical expertise. Their system turns behavioral health conversations into documentation and actionable intelligence, analyzing and documenting sessions to reduce operational burdens on providers and offer insights into evidence-based care and the therapeutic alliance.
Amount: $25M 🎉
Round: Series B
Lead Investor: Telstra Ventures
Tabnine offers various coding tools powered by first- and third-party generative AI models.
Among these tools, is Tabnine Chat, an AI “code assistant” that writes code and answers questions about organizations’ codebases. It strictly uses AI models trained on code with permissive licenses or works with customers to train models on their in-house codebases.
Amount: 5M 🎉
Round: Funding Round
Lead Investor: OpenAI Startup Fund
Ghost Autonomy develops scalable autonomy software for consumer cars. They are pioneering the application of multi-modal large language models (MLLMs) in the autonomous driving space.
This innovative software architecture allows autonomous vehicles to understand and navigate a range of driving scenarios, including those that are complex or have never been encountered before. Their platform equips automakers with the tools to incorporate AI and advanced autonomous driving software into the next generation of vehicles.
Amount: $7.1M 🎉
Round: Seed
Lead Investor: Factory
Ozone offers a cloud-based video editing platform.
Powered by proprietary context-aware AI and next-gen cloud video streaming technology, Ozone provides tools that work with creators, not against them. It can handle editing of rich video content seamlessly in a web app with multiple editors collaborating at once.
Amount: $6.5M 🎉
Round: Seed
Lead Investor: Factory
Flip AI’s mission is to provide enterprises with an observability intelligence platform empowered by an LLM that predicts incidents and generates root cause analyses in seconds.
Flip AI sits on top of traditional observability solutions like Datadog, Splunk and New Relic; open source solutions like Prometheus, OpenSearch and Elastic; and object stores like Amazon S3, Azure Blob Storage and GCP Cloud Storage. Its LLM can work on structured and unstructured data; operates on-premises, multi-cloud and hybrid; requires no training; ensures that an enterprise’s data stays private; and has a minimal compute footprint.
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Bonus 🔥
For the most curious minds!
Valuations of Gen AI Unicorns đź“Ś
- Based on their last financing round.
Some Interesting Takeaways:
- The average company in this group has a 35x cumulative return.
- The average company has been around for 3.3 years beyond the first institutional financing.
- The average… twitter.com/i/web/status/1…
— Chief AI Officer (e/acc) (@chiefaioffice)
1:26 PM • Nov 8, 2023
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Chief AI Officer (CAIO)
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