This week we continue our series on the top 5 VC-funded deals in AI.
Funding rounds are starting to increase again for the AI sector. Perhaps an ebb and flow will be the new normal – we’re still trying to establish that patter for our readers.
Last week, our funding winner Valar Labs had a $22M VC investment and this week, Eko Health comes in with a $41M Series D round as our top funded entity.
The week’s funding round winners were companies offering the following:
- AI application for early detection of heart & lung diseases
- AI-powered healthcare administration platform
- AI-powered search and content discovery platform for e-commerce
- Generative AI solution for end-to-end risk analysis for underwriters and
- Generative AI for legal research and litigation tasks
Healthcare (x2), search & content, risk analysis (for insurance) and legal research and litigation. Interesting, yes? Let’s see how this pattern continues as we move forward.
Below are the top 5 venture-funded AI deals for the past week…
As the AI industry continues to evolve, startups are securing substantial funding to drive innovation and growth. Here are the top 5 VC-backed deals in AI, from highest to lowest funding amount for the past week:
Top 5 Funded Deals:
- Eko Health
- Location: San Francisco, CA
- Description: Eko Health specializes in applying AI for the early detection of heart and lung diseases
- Funding Amount: $41M
- Funding Round: Series D
- Anterior
- Location: New York City, NY
- Description: Anterior is an AI-powered healthcare administration platform
- Funding Amount: $20M
- Funding Round: Series A
- Vantage Discovery
- Location: Austin, TX
- Description: Vantage Discovery is an AI-powered search and content discovery platform for e-commerce
- Funding Amount: $16M
- Funding Round: Series A
- Sixfold
- Location: New York City, NY
- Description: Sixfold empowers underwriters with a generative AI solution for end-to-end risk analysis
- Funding Amount: $15M
- Funding Round: Series A
- Alexi
- Location: Toronto, Canada
- Description: Alexi is a legaltech company and innovator in generative AI for legal research and litigation tasks
- Funding Amount: $11M
- Funding Round: Series A
Make sure to check back weekly here for our “Top 5 VC AI Deals of the Week in AI”!
Research Source: FinSMEs
