This week we continue our series on the top 5 VC-funded deals in AI.
This week our announcements are led by one deal exceeding the $100 million threshold.
The week’s top reported deal, per FinSMEs, came from ElevenLabs, an international text-to-speech and voice generation specialist, which raised $180 million in its Series C round to expand its suite of AI voice tools. The next biggest announcement came from the healthcare space, where San Francisco-based Rad AI brought in a $60 million Series C round. The top five also included companies in the music, dentistry and marketing spaces.
Smaller funding raises that did not quite make our top 5 this week included announcements from the legal, IT and wealthtech sectors.
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 Venture Capital Deals from Jan. 30-Feb. 5
1. ElevenLabs
- Location: Warsaw, Poland | London, UK | New York City, NY
- Description: ElevenLabs is a research company specializing in AI-driven text-to-speech and voice generation technology, revolutionizing digital audio and accessibility solutions.
- Funding Amount: $180M
- Funding Round: Series C
2. Rad AI
- Location: San Francisco, CA
- Description: Rad AI is a healthcare AI company that enhances radiology workflow efficiency and accuracy through AI-powered automation. The company is currently valued at $525 million.
- Funding Amount: $60M
- Funding Round: Series C
3. SuperOps
- Location: Dallas, TX
- Description: SuperOps offers an AI-driven IT management platform that helps IT service providers and internal teams streamline their operations and improve service delivery.
- Funding Amount: $25M
- Funding Round: Series C
4. Paxton
- Location: Bend, OR
- Description: Paxton provides an AI-powered legal platform that assists law firms and legal professionals in automating workflows, legal research, and case management.
- Funding Amount: $22M
- Funding Round: Series A
5. Jump
- Location: Salt Lake City, UT
- Description: Jump delivers AI solutions tailored for financial advisors and financial services providers, optimizing decision-making and client engagement.
- Funding Amount: $20M
- Funding Round: Series A
Make sure to check out our Top 5 VC Deals of the Week in AI right here!
Research Source: FinSMEs
