This week we continue our series on the top 5 VC-funded deals in AI.
This week our announcements are led by three deals exceeding the $100 million threshold.
The top reported deal, per FinSMEs, came from Centennial, Colo.-based True Anomaly, a space security company, which raised a $260 million Series C round to fund growth and expansion, including four upcoming launches within the next 18 months. The next biggest announcement came from the identity space, where San Francisco-based Persona brought in a $200 million Series D round. The top five also included other companies in the risk, IT and accounting spaces.
Smaller funding raises that did not quite make our top 5 this week included announcements from the healthcare, AI infrastructure and IT 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 April 24-April 30
1. True Anomaly
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Location: Centennial, CO
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Description: True Anomaly is a space security company leveraging AI and advanced engineering to develop autonomous systems that protect and manage space assets.
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Funding Amount: $260M
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Funding Round: Series C
2. Persona
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Location: San Francisco, CA
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Description: Persona provides a verified identity platform using AI to streamline and secure user verification processes. The company is now valued at $2 billion.
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Funding Amount: $200M
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Funding Round: Series D
3. Dataminr
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Location: New York, NY
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Description: Dataminr offers a real-time AI platform that analyzes public data signals to detect emerging events, risks, and critical information for enterprises and governments.
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Funding Amount: $100M
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Funding Round: Strategic investment from Fortress Investment Group
4. Endor Labs
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Location: Palo Alto, CA
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Description: Endor Labs is an application security company that uses AI to help developers identify and fix vulnerabilities in their software supply chains.
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Funding Amount: $93M
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Funding Round: Series B
5. Canopy
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Location: Salt Lake City, UT
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Description: Canopy provides a firm-wide operating system for accounting professionals, integrating AI to improve practice management, workflow, and client collaboration.
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Funding Amount: $70M
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Funding Round: Series C
Make sure to check out our Top 5 VC Deals of the Week in AI right here!
Research Source: FinSMEs
