Artificial Intelligence

INVI MindHealth: Interview With Founder & CEO Jonathan Wilson About The Personalized Mental Health Support Company

By Amit Chowdhry ● Dec 26, 2024

INVI MindHealth is a company that combines the power of biometrics, deep learning analytics, and human networks to provide personalized mental health support. The company’s unique swim buddy concept connects individuals on a journey to mental wellness, breaking down stigmas and empowering individuals to take control of their well-being. Pulse 2.0 interviewed INVI MindHealth CEO and founder Jonathan Wilson to learn more about the company.

HuLoop: AI-Based Intelligent Automation Company Raises Series A

By Amit Chowdhry ● Dec 25, 2024

HuLoop Automation, a leader in radically fast and affordable AI-based intelligent automation, announced its Series A funding round closing. Even though the specific terms aren't being announced publicly, the round was led by Mighty Capital, with significant participation from Moneta Ventures.

Jome: AI-Based Real Estate Marketplace Company Secures $9.8 Million (Series A)

By Amit Chowdhry ● Dec 25, 2024

Jome, an AI-based real estate marketplace that helps buyers find, compare, and purchase new construction homes, announced a $9.8 million Series A funding round led by Geek Ventures with participating investors U.Ventures, Toloka VC, and Forefront VP. The funding will expand its regional footprint in the U.S. Jome, formerly NewHomesMate, now operates in 16 major U.S. cities, including Austin, Denver, and Miami, listing 90% of available new construction inventory.

Cadstrom: AI Expert System Company Raises $6.8 Million (Seed)

By Amit Chowdhry ● Dec 24, 2024

Cadstrom, an AI-based expert system that enables electrical engineers to design electronic devices correctly on the first try, announced that it raised $6.8 million in seed funding. The funding round was led by Bison Ventures and included participation from Innovation Endeavors and AI2 Incubator, which previously invested $650K in a pre-seed round.

Blue J: AI-Based Tax Research Company Raises Series C

By Amit Chowdhry ● Dec 24, 2024

Blue J, a leading provider of generative AI-based tax research to accounting and tax professionals, announced its Series C funding round led by Ten Coves Capital, a growth equity firm specializing in financial technology. The funding will advance Blue J’s mission to transform tax research by delivering instant, reliable answers that combine advanced AI technology with authoritative content from leading sources, including Tax Notes, a respected publication of tax news, analysis, research, and reference tools.

Retellio: $1.3 Million Raised To Help B2B Companies Access Customer Insights

By Amit Chowdhry ● Dec 24, 2024

Retellio, a B2B software platform that uses AI to extract key moments from customer calls and turn them into concise, insight-rich podcasts, announced $1.3 million in funding led by Pelorus Ventures, with participation from Island Capital, East Valley Ventures, The51, the Women’s Equity Lab and others.

Scripta Insights: AI-Based Pharmacy Navigation Company Raises $17 Million (Series B)

By Amit Chowdhry ● Dec 24, 2024

AI-based pharmacy navigation platform Scripta Insights announced that it had closed $17 million in Series B funding led by Aquiline, bringing Scripta's total funding to $42 million and demonstrating strong support for its mission from the investor community. This strategic funding comes on the heels of Scripta's revenue surging over 100% in 2024, capping a notable year for the business.

xAI: Elon Musk’s AI Company Raises $6 Billion (Series C) To Advance Scientific Discovery

By Amit Chowdhry ● Dec 24, 2024

xAI, a company founded by Elon Musi in 2023 to advance scientific discovery, announced it raised $6 billion in a new round of funding. This round included participation from A16Z, Blackrock, Fidelity Management & Research Company, Kingdom Holdings, Lightspeed, MGX, Morgan Stanley, OIA, QIA, Sequoia Capital, Valor Equity Partners and Vy Capital, and others. And strategic investors NVIDIA and AMD also participated and continue to support xAI in rapidly scaling our infrastructure.

Report: Perplexity Raises $500 Million At $9 Billion Valuation

By Amit Chowdhry ● Dec 23, 2024

Perplexity AI – an artificial intelligence company that is creating a search product to compete with Google – has reportedly closed a $500 million round of funding tripling the company’s valuation to $9 billion, according to sources with Bloomberg and several other news outlets.

Hamming.ai: AI-Based Voice Agent Reliability Company Raises $3.8 Million (Seed)

By Amit Chowdhry ● Dec 23, 2024

Hamming.ai, an AI voice agent reliability platform, announced that it raised $3.8 million in seed funding led by Mischief, with participation from Y Combinator, AI Grant, Pioneer, Coalition Operators, Coughdrop and angels including Hiten Shah, Ran Makavy, Max Kolysh, Richard Aberman and Kulveer Taggar.

Anatomy: AI-Based Healthcare Lockbox Company Raises $19 Million (Series A)

By Amit Chowdhry ● Dec 23, 2024

Anatomy Financial, the developer of the AI-based lockbox to convert paper mail from healthcare practices to an email-like experience for simplified billing workflows, announced $19 million in Series A funding led by Canapi Ventures. Neil Underwood from Canapi and Nicole Quinn from Lightspeed Venture Partners will join the Anatomy board, supporting the company’s efforts to bring a digital back office and AI-based financial operations to healthcare providers across the US.

Paro: Interview With CEO Anita Samojednik About The AI-Based Marketplace Delivering Finance Solutions

By Amit Chowdhry ● Dec 20, 2024

Paro is an AI-powered marketplace that delivers finance and accounting solutions to businesses through a combination of expert fractional talent, data-driven tools, and guiding insights. Pulse 2.0 interviewed Paro CEO Anita Samojednik to learn more about the company.

Anyword: Interview With Co-Founder & CRO Omer Rabin About The AI-Based Performance Writing Company

By Amit Chowdhry ● Dec 20, 2024

Anyword is an AI-based performance writing company that enables marketers to create scalable, on-brand content that converts and drives sales. Pulse 2.0 interviewed Anyword co-founder and CRO Omer Rabin to learn more about the company.

Salt AI: AI Workflow Orchestration Company Raises $3 Million

By Amit Chowdhry ● Dec 19, 2024

Salt AI - a pioneer in AI workflow orchestration - announced it has raised $3 million in seed funding and appointed technology veteran Aber Whitcomb as Chief Executive Officer. Whitcomb (former co-founder and CTO of MySpace and Jam City) brings decades of experience scaling breakthrough technologies across social media, mobile gaming, and blockchain.

SandboxAQ: AI And Quantum Solutions Company Raises Over $300 Million At $5.3 Billion Valuation

By Amit Chowdhry ● Dec 19, 2024

SandboxAQ announced a funding round of over $300 million from Fred Alger Management, LLC, T. Rowe Price Associates, Mumtalakat, Parkway Venture Capital, Breyer Capital, Rizvi Traverse, S32, US Innovative Technology Fund, Ava Investments, Eric Schmidt, Marc Benioff, David Siegel, Yann LeCun, IQT, and other prominent investors. This funding round valued the company at $5.3 billion on a pre-money basis.

Cartesia: $22 Million Secured For Building Real-Time AI Models

By Amit Chowdhry ● Dec 18, 2024

Cartesia, a company whose state-space models (SSMs) are transforming the next wave of innovation in generative AI, announced $22 million in new funding led by Index Ventures, bringing the total capital raised to $27 million. Also joining in this round are venture funds like A* Capital, Conviction, General Catalyst, Lightspeed, and SV Angel, along with 90 prominent angel investors, including the founders of Abridge, Airtable, Captions, Cognition, Cohere, Databricks, Datadog, Hugging Face, Hubspot, Infinitus, Llamaindex, Mercury, Mistral, Okta, Perplexity, Pika, Pinterest, Postman, Ramp, RunwayML, Snorkel, Sonos, Together AI, Tripedot Studios, Typeface, Vercel, Weaviate, Weights and Biases, and Zapier.

Databricks Announces $10 Billion (Series J) Funding At $62 Billion Valuation

By Amit Chowdhry ● Dec 17, 2024

Data and AI company Databricks announced a Series J funding round today. The company is raising $10 billion of expected non-dilutive financing and has completed $8.6 billion. This funding values Databricks at $62 billion, and Thrive Capital is leading it. Along with Thrive, the funding round is co-led by Andreessen Horowitz, DST Global, GIC, Insight Partners, and WCM Investment Management. Other significant participants include existing investors Ontario Teachers’ Pension Plan and new investors ICONIQ Growth, MGX, Sands Capital, and Wellington Management.

Synadia: Interview With VP of Marketing Justyna Bak About The Era of Edge Computing, IoT and AI

By Amit Chowdhry ● Dec 17, 2024

Synadia is a company renowned for enabling distributed applications in the era of edge computing, IoT, and AI. Pulse 2.0 interviewed Synadia’s VP of Marketing, Justyna Bak, to learn more.

Engineered Arts Raises $10 Million For Scaling Humanoid Robotics

By Amit Chowdhry ● Dec 17, 2024

Engineered Arts, a leader in the design and manufacture of humanoid robotics founded in the U.K., announced it has restructured as a U.S. entity to expand its footprint and meet growing U.S. demand. Along with this move, the company closed a $10 million Series A funding round to accelerate product refinement, manufacturing, production, and business systems. Helium-3 Ventures led the Series A funding, with additional participation from AppDirect Chairman and CEO Nicolas Desmarais, Belvoir Investments, and a consortium of investors, such as ThirtySeven Holdings and Figueira Capital. And Matt Bellamy (frontman of the English rock band Muse and a partner in Helium-3 Ventures) will join Engineered Arts’ board as an observer.

Chargezoom: AI-Based Billing And Integrated Payments Company Raises $11.5 Million (Series A)

By Amit Chowdhry ● Dec 17, 2024

Chargezoom, a leading platform for AI-based billing and integrated payments, announced it has raised $11.5 million in Series A funding led by Salt Lake City's Kickstart Fund. Chargezoom also welcomes new investors Motley Fool Ventures, Early Light Ventures, Frazier VC, and Adly, along with continued support from SaaS Venture Capital, Stout Street Capital, and Okapi Venture Capital.