Artificial Intelligence

Thoughtful AI: AI-Based Revenue Cycle Automation Company Secures $20 Million

By Amit Chowdhry ● Jul 18, 2024

Thoughtful AI, an AI-based revenue cycle automation company, today made several announcements highlighting its forward momentum, including the launch of the world’s first fully human-capable AI Agents specializing in healthcare revenue cycle management (RCM), solid growth metrics, and $20 million in new funding through a Series A round led by Nick Solaro of Drive Capital with participation from TriplePoint Capital.

Parrot AI: How This Collaborative Workspace Company Turns Conversations Into Results

By Amit Chowdhry ● Jul 18, 2024

Parrot AI is a collaborative workspace that turns conversations into results because the company understands the full context of your business. Pulse 2.0 interviewed Parrot AI co-founder and CEO Paul Morville to learn more about the company.

Bioniq: AI-Based Personalized Supplement Company Secures $15 Million At $75 Million Valuation

By Amit Chowdhry ● Jul 17, 2024

Bioniq, a company founded in 2019 and renowned for its personalized supplements based on blood biomarker data, today announced the closing of its $15 million Series B funding round. This oversubscribed round was led by Principal Investors HV Capital and Unbound. Now, the company is valued at $75 million, and it will use the funding to further expand its global market share through continued disruption of the dietary supplements market.

Amity: $60 Million Raised For Transforming Legacy Products With AI

By Amit Chowdhry ● Jul 17, 2024

Amity Solutions (ASOL)—a leading software and AI business from Thailand and its parent company, Amity Corporation—announced the completion of a US$60 million Series C financing round. This funding round will support the company's mission to transform customer engagement software products into GenAI-centric applications that can create significantly more value and utility for enterprises.

Menlo Ventures And Anthropic Launching $100 Million Anthology Fund For Accelerating AI Innovation

By Amit Chowdhry ● Jul 17, 2024

Venture capital firm Menlo Ventures announced the Anthology Fund, a groundbreaking $100 million initiative created in partnership with Anthropic, which is the frontier AI safety and research company. The Anthology Fund looks to partner with innovative founders for building unique AI-first applications and infrastructure solutions that leverage Anthropic’s technology and AI models.

Scoop Analytics: Bringing A New Approach To Accelerated Business Performance In A $50+ Billion Market

By Amit Chowdhry ● Jul 16, 2024

Scoop Analytics is a company that offers a radical new approach to driving business performance by slashing the barriers analysts face in gathering, manipulating, and analyzing core business data. Pulse 2.0 interviewed Scoop Analytics CEO Brad Peters to learn more about the company.

Zetaris: Simplifying And Expediting Data Analysis In A $184 Billion Market

By Amit Chowdhry ● Jul 15, 2024

Zetaris is a unique analytical data virtualization solution that simplifies and expedites data analysis. It is decentralized, so data doesn't have to be moved into a centralized data warehouse, cloud, or lake for analysis. Pulse 2.0 interviewed Zetaris founder and CEO Vinay Samuel to learn more about the company.

Endor Labs: Strategic Investment Raised From Citi Ventures

By Amit Chowdhry ● Jul 15, 2024

Supply chain security software leader announced a strategic investment from Citi Ventures today. This investment further validates Endor Labs’ unique approach to securing the software supply chain and it comes less than a year after the company raised $70 million in an oversubscribed Series A funding round from Lightspeed Venture Partners (LSVP), Coatue, Dell Technologies Capital, Section 32 and more than 30 industry-leading CEOs, CISOs and CTOs.

Enso Raises $6 Million To Advance Ecosystem Of Guided AI Agents

By Amit Chowdhry ● Jul 14, 2024

Enso has unveiled the industry's first ecosystem of Guided AI Agents, offering small to medium-sized business (SMBs) with AI-powered Service-as-a-Software. Driving Enso's launch is a $6 million seed funding round led by NFX with participation from top angel investors like Yossi Matias (head of AI Google Research), Shmil Levy (ex-GP at Sequoia Capital), Dark Mode ventures, and operators from top companies including Slack, Twitter, OpenAI, and more.

Enterprise Data Company Nasuni Raises Funding At $1.2 Billion Valuation

By Amit Chowdhry ● Jul 13, 2024

Nasuni, a leading enterprise data platform for modern hybrid cloud environments, announced a strategic growth investment led by Vista Equity Partners. And Vista will be joined by TCV and KKR in the new investment, which values Nasuni at about $1.2 billion. The terms of the transaction were not disclosed.

Skild AI: $300 Million In Series A Raised At $1.5 Billion Valuation To Build A Foundational Model For Robotics

By Amit Chowdhry ● Jul 12, 2024

Skild AI, an AI robotics company building a scalable foundation model for robotics, today announced it has closed a $300 million Series A funding round. The round was led by Lightspeed Venture Partners, Coatue, SoftBank Group, and Jeff Bezos (via Bezos Expeditions), with participation from Felicis Ventures, Sequoia, Menlo Ventures, General Catalyst, CRV, Amazon, SV Angel, and Carnegie Mellon University. The funding brings the company to a valuation of $1.5 billion.

SKROL: $1.2 Million In Pre-Seed Raised To Help SMBs With The Acquisition Process

By Amit Chowdhry ● Jul 12, 2024

SKROL, an AI-powered platform transforming how small and mid-size businesses (SMBs) are acquired and transformed, announced its launch out of stealth. The company also revealed that it raised a pre-seed funding round led by Magnetic Capital (led by David Rosskamp) - which is a venture fund that was also an early investor of Grover, a company that was also founded by SKROL CEO and founder Michael Cassau.

Biostate AI: Scalable Biodata Foundry Company Raises Over $4 Million

By Amit Chowdhry ● Jul 12, 2024

Biostate AI, a scalable biodata foundry startup, emerged from stealth recently with the launch of two service products: Total RNA sequencing and Copilot for RNAseq data analysis. Biostate AI also revealed it has raised over $4 million in venture funding. Matter Venture Partners led the funding round, with participation from institutional investors Vision Plus Capital, Catapult VC, and the California Institute of Technology through the Caltech Seed Fund. Individual investors in the round included Dario Amodei (CEO of Anthropic), Joris Poort (CEO of Rescale), Michael Schnall-Levin (CTO of 10X Genomics) and Emily Leproust (CEO of Twist Bioscience).

Niva: Business Identity Platform Company Raises Over $3.3 Million

By Amit Chowdhry ● Jul 11, 2024

Global business identity platform company Niva has officially launched and the company introduced an AI-based solution built to overcome the challenges of establishing trust in businesses internationally. With renowned customers and over $3.3 million in funding led by Gradient Ventures (Google’s AI-focused venture fund) along with participation from Picus Capital, Canary, Gilgamesh Ventures, and key executives from Chime, Deel, Enigma, and Faire, Niva is prepared to transform the complex landscape of global commerce.

EvolutionaryScale: Biology AI Research Lab Company Raises $142 Million In Seed Funding

By Amit Chowdhry ● Jul 10, 2024

EvolutionaryScale, a frontier AI research lab for biology, launched recently with ESM3, a milestone AI model capable of generating novel proteins. ESM3 generated a new Green Fluorescent Protein (GFP), which is a process that would take 500 million years of evolution to occur naturally. The company also announced a seed round of more than $142 million, led by Nat Friedman and Daniel Gross, and Lux Capital, with participation from Amazon, NVentures (NVIDIA’s venture capital arm) and angel investors. This funding will be used for further expanding the capabilities of its models.

Rohirrim: RFP AI Automation Company Raises Funding From Bessemer And IBM Ventures

By Amit Chowdhry ● Jul 10, 2024

Rohirrim, a leading Request for Proposal (RFP) AI automation platform, announced today that Bessemer Venture Partners and IBM Ventures made strategic investments in the company. And these investments will further drive Rohirrim's goal of helping businesses grow by streamlining and strengthening their RFP response strategy.

Coder Secures $35 Million For Modernizing Enterprise Development Environments

By Amit Chowdhry ● Jul 10, 2024

Coder, a development platform keeping developers in flow, announced it has secured $35 million in funding to broaden its open source footprint, evolve cloud development environments (CDEs), and expand globally. Georgian led the round and they were joined by existing investors Uncork Capital, Notable Capital, and Redpoint Ventures. This funding brings Coder's total Series B funding to $65 million. And Russell Moore (investor at Georgian) will join Coder's Board of Directors.

Orby AI: $30 Million Raised To Develop AI Solutions For Enterprises

By Amit Chowdhry ● Jul 10, 2024

Orby AI, a company developing generative AI solutions for the enterprise, announced the closing of its $30 million series A round of financing. The Series A round was co-led by New Enterprise Associates (NEA), Wing VC, and WndrCo, with additional participation from Pear VC.

Norm Ai: Regulatory Compliance Company Closes $27 Million

By Amit Chowdhry ● Jul 10, 2024

Norm Ai announced it has raised a fresh round of capital from some of the world's most respected financial institutions, collectively representing more than $5.75 trillion in assets. And the company has secured a $27 million Series A led by Coatue, with participation from Bain Capital Ventures, Blackstone Innovations Investments, New York Life Ventures, Citi Ventures, TIAA Ventures, and Jefferson River Capital (the family office of Tony James, the former President and COO of Blackstone). In the past 11 months, Norm has raised more than $38 million from leading firms.

Fytted: An Interview With Co-Founders Greg Auerbach And Olivia Dicopoulos About This AI-Based Styling Recommendation Company

By Amit Chowdhry ● Jul 10, 2024

Fytted is an app that utilizes AI technology that is transforming the way you shop with precise body measurements and personalized styling recommendations. Over $38 billion was wasted in the processing of apparel returns last year and Fytted is reducing the time and money consumers and retailers spend on processing returns (making the online shopping experience more beneficial for all parties involved). And a portion of all of Fytted proceeds go to Remake, a charity that fights for human rights and climate justice in the clothing industry. Pulse 2.0 interviewed Fytted CEO and co-founder Greg Auerbach and Chief Creative Officer and co-founder Olivia Dicopoulos.

Sensi.AI: Care Intelligence Company Closes $31 Million In Series B

By Amit Chowdhry ● Jul 10, 2024

Care intelligence company Sensi.AI announced the successful raising of $31 million in Series B funding, bringing the company's total funding to over $53 million. And this funding round was co-led by Zeev Ventures and Insight Partners, with continued support from existing investors Entrée Capital, Flint Capital, Jibe Ventures and Secret Chord Ventures.