Automation, AI, what comes next?
There isn’t any industry that AI isn’t impacting; AI touches everything from vision exams to robotics, mental health, and neurological disorders. But what comes next is the spark that ignites automation and AI as the new workforce emerges.
“Cognition as a Service (CaaS) is “going to transform productivity. It’s going to allow humans to do new things.
So that’s the era we are entering. Where technology is not a tool, it’s actually our teammate.”– Navin Chadda, Managing Partner, Mayfield Fund via Crunchbase.
Some notable trends this week…
- A good week for U.S. startups funding
- Familiar VCs back with more significant deals
- AI is mentioned in almost every startup we’re tracking
Up next are this week’s top 5 VC deals…
1Klarity
$70M, Series C, Capital | Equity | SF | Fintech | Nat Friedman, Daniel Gross, Scale Venture Partners, Tola Capital, Picus Capital, Invus Capital, Y Combinator | https://www.klarity.ai/
LinkedIn Overview:
“Klarity’s GenAI solution revolutionizes accounting and operations with human-level understanding. By automating complex processes like document review…”
2Conduit
$37M, Series A, Capital| Equity | SF | Blockchain | Haun Ventures, Paradigm, Robot Ventures, Credibly Neutral, Coinbase Ventures, Bankless Ventures | https://www.helloconduit.com/
LinkedIn Overview:
“Yard & Dock Management Software We make software for warehouses and logistics teams to save time and money managing docks, gates, and yards…”
3Allora Labs
$35M, Capital| Equity | NYC | Block Chain | Polychain, Framework Ventures, CoinFund, Blockchain Capital, Archetype, Slow Ventures, Mechanism Capital, Delphi Digital | https://www.alloralabs.xyz/
LinkedIn Description:
“Allora Labs is an AI research and development lab focused on building Allora, a self-improving decentralized AI network. Allora enables applications to leverage smarter, more secure AI through a self-improving network of ML models…“
4Adonis
$31M, Series B, Capital | Series B | NYC | Fintech | Point72 Private Investments, Kin Ventures, General Catalyst, Bling Capital, Max Ventures | https://www.adonis.io/
LinkedIn Description:
“Adonis is a Revenue Intelligence and Automation Platform, built for Healthcare, solving for operational challenges that impact the integrity of revenue cycle management…“
5Norm AI
$27M, Series A, Capital | Equity | NYC | Fintech | Coatue, Bain Capital Ventures, Blackstone Innovations Investments, New York Life Ventures, Citi Ventures, TIAA Ventures, Jefferson River Capital | https://www.norm.ai/
LinkedIn Description:
“Regulation-aware AI agents purpose-built for compliance teams. Norm Ai has built the first Regulatory AI Agent platform. We serve Chief Compliance Officers at companies spanning from the Fortune 100 to small businesses…”
