This week we continue our series on the top 5 VC-funded deals in AI.
This past week we, once again, saw two deals in excess of $100M, and it’s clear that major capital keeps flowing into the AI sector.
Our top deal came in at a whopping $232M from the healthcare finance sector and the second was in customer support and product development, so again, we’re seeing very diverse deals getting funding in artificial intelligence.
Below, we highlight the top five venture capital deals, ranked from the highest to the lowest funding amounts, showcasing the companies at the forefront of the AI revolution….
Top 5 Funded VC Deals in for the week of 8/16/24:
- PayZen
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- Location: San Francisco, CA
- Description: PayZen is a technology company dedicated to tackling healthcare affordability using AI-powered solutions, aiming to make healthcare more accessible and affordable for patients.
- Funding Amount: $232M
- Funding Round: Series B
2. DevRev
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- Location: Palo Alto, CA
- Description: DevRev provides an AI-native platform that unifies customer support and product development, enabling seamless integration and collaboration between these critical business functions.
- Funding Amount: $100M
- Funding Round: Series A
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3. Guidewheel
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- Location: San Francisco, CA
- Description: Guidewheel offers an AI-powered platform designed to help factories achieve sustainable peak performance by optimizing operations and reducing waste.
- Funding Amount: $31M
- Funding Round: Series B
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4. Datch
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- Location: New York City, NY
- Description: Datch specializes in AI technology tailored for the frontline manufacturing, energy, and utility sectors, helping these industries enhance efficiency and operational effectiveness.
- Funding Amount: $15M
- Funding Round: Series A
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5. UptimeAI
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- Location: San Francisco, CA
- Description: UptimeAI provides AI-based plant monitoring software designed for industrial businesses, helping them to maintain and improve the reliability and performance of their operations.
- Funding Amount: $14M
- Funding Round: Series A
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Make sure to check out our Top 5 VC Deals of the Week in AI right here!
Research Source: FinSMEs
