Here’s the total checklist of 49 US AI startups which have raised $100M or extra in 2024

For some, AI fatigue is actual. But clearly enterprise traders haven’t grown bored with the class.

AI offers continued to dominate enterprise funding through the third quarter. AI firms raised $19 billion in Q3, in accordance with Crunchbase information. That determine represents 28% of all enterprise funding.

The fourth quarter of 2024 has been no much less busy for these outsized rounds. Elon Musk’s xAI raised a behemoth $6 billion spherical, certainly one of seven AI funding rounds over $1 billion in 2024, in November. That’s simply months after OpenAI raised its $6.6 billion spherical.

Here are the U.S.-based AI firms that raised $100 million or extra thus far in 2024:

December

• Liquid AI, a basis mannequin startup, raised a large $250 million Series A spherical that values the Cambridge, Massachusetts-based startup at $2.35 billion. AMD Ventures led the spherical and was joined by Duke Capital Partners, The Pags Group, and OSS Capital. The spherical closed on December 13.
• Atlanta-based Tractian raised a $120 million Series C spherical that values the corporate at $720 million. The machine intelligence firm raised cash from Sapphire Ventures, NGP Capital and General Catalyst, amongst others. The spherical was introduced on December 5.
• AI {hardware} firm Tenstorrent nabbed a $2.7 billion valuation in its newest funding spherical. The San Francisco-based firm raised a $693 million Series D spherical that closed on December 2. Samsung Securities and AFW Partners led the spherical with participation from Fidelity, Bezos Expeditions, and Hyundai Motor Group, amongst others.

November

• Elon Musk’s xAI raised its second monster funding spherical this yr: a $6 billion spherical from traders together with Sequoia, Andreessen Horowitz, and the Qatar Investment Authority. The deal values the corporate at $50 billion.
• Enfabrica, an AI networking chip startup, raised a $115 million Series C spherical led by Spark Capital. Sutter Hill Ventures, Cisco Investments, and Valor Equity Partners, amongst others, participated, which was introduced November 19.
• Full-stack generative AI platform Writer introduced a $200 million Series C spherical on November 12. The spherical was led by Radical Ventures, Premji Invest, and Iconiq with participation from Salesforce Ventures, Insight Partners, and Vanguard, amongst others. The spherical values the startup at $1.9 billion.

• Physical Intelligence, a startup growing foundational software program for robots, based by notable names together with Sergey Levine and Lachy Groom, raised a Series A spherical on November 4 that values the corporate at greater than $2 billion. The $400 million spherical included Lux Capital, Sequoia and Jeff Bezos, amongst others. The firm was based in 2024.

October

• Bret Taylor’s Sierra, which makes AI chatbots for enterprise prospects, raised a $175 million spherical that values the corporate at practically $4.5 billion. The spherical, which was introduced on October 28, was led by Greenoaks with participation from Thrive Capital and Iconiq Capital.
• Autonomous warehouse robotics startup Nimble Robotics enters unicorn territory with its newest elevate. The San Francisco-based firm raised a $106 million Series C spherical on October 23 that valued the corporate at $1.1 billion. The spherical was co-led by FedEx and Cedar Pine.
• Lightmatter, a photonic computing startup, raised a large $400 million Series D spherical led by T. Rowe Price on October 16. The spherical values the Silicon Valley-based firm at $4.4 billion. Lightmatter has raised greater than $800 million in enterprise capital.
• Columbus, Ohio-based autonomous welding robots startup Path Robotics raised a $100 million Series D spherical that was introduced on October 14. The spherical was led by Matter Venture Partners and Drive Capital with participation from Tiger Global and Addition, amongst others.

• EvenUp, an AI-powered legaltech firm, raised a $135 million Series D spherical led by Bain Capital Ventures with participation from SignalFire and Lightspeed, amongst others. The October 8 spherical valued the startup at $1 billion.
• Berkeley-based KoBold Metals raised $491.5 million in a latest enterprise spherical. The traders aren’t disclosed, however previously, the corporate raised from VCs together with Bond and Andreessen Horowitz.
• AI-powered software program growth platform Poolside closed a $500 million Series B spherical on October 2. The spherical was led by Bain Capital Ventures with participation from Redpoint, StepStone, and Nvidia, amongst others. The spherical values the corporate at $3 billion.
• OpenAI introduced its extremely anticipated enterprise spherical on October 2. The $6.6 billion spherical was the most important enterprise spherical of all time and valued the corporate at $157 billion. Thrive Capital led the spherical and was joined by different traders, together with Tiger Global and SoftBank.

September

• Enterprise search startup Glean introduced its second funding spherical of 2024 on September 10. The firm raised a $260 million Series E spherical that valued it at $4.5 billion, marking an 87.5% enhance in valuation since its February spherical.

• Safe Superintelligence, an AI analysis lab based by former OpenAI co-founder Ilya Sutskever and AI investor Daniel Gross. It introduced a $1 billion elevate at a $4 billion valuation on September 4. Andreessen Horowitz, Sequoia and DST Global participated within the spherical, amongst others.

August

• AI coding startup Magic raised its second mega-round of the yr on August 29. The San Francisco-based firm raised $320 million in a Series C spherical. CapitalG, Sequoia and Jane Street Capital participated within the spherical, amongst others. The firm final raised a $117 million Series B in February.
• General Catalyst led the $150 million Series C spherical into Codeium, an AI-powered coding platform, that closed on August 29. The spherical additionally included Kleiner Perkins and Greenoaks and valued Codeium at $1.2 billion.
• DevRev, which makes AI assist brokers, garnered a $1.1 billion valuation after its sizable early-stage elevate. The Silicon Valley-based firm raised a $100 million Series A spherical that included traders like Khosla Ventures, Mayfield and Param Hansa Values. The firm was based in 2020.
• San Francisco-based Abnormal Security raised $250 million for its AI-driven electronic mail safety firm. This funding spherical was led by Wellington Management with participation from Menlo Ventures, Greylock and Insight Partners. The firm is valued at greater than $5 billion.
• Groq — to not be confused with Grok — introduced a $640 million Series D spherical on August 5 led by BlackRock. The AI chip startup additionally obtained funding from Type One Ventures, Verdure Capital Management and Neuberger Berman, amongst others. The firm is valued at greater than $3 billion.

July

• Renowned AI researcher Fei-Fei Li’s startup World Labs raised a $100 million spherical in July, sources advised TechCrunch. The startup is already valued at greater than $1 billion in accordance with the Financial Times. World Labs is seeking to construct AI fashions that may precisely estimate the three-dimensional physicality of real-world objects.
• Legal tech firm Harvey introduced a $100 million Series C spherical on July 23. The spherical was led by Google Ventures, with participation from OpenAI, Kleiner Perkins and Sequoia. This spherical values the San Francisco-based firm at $1.5 billion.
• Hebbia, $130 million: Andreessen Horowitz led the spherical for Hebbia that closed July 8. The startup, which makes use of generative AI to go looking massive paperwork, additionally raised cash from Peter Thiel, Index Ventures and Google Ventures and garnered a $700 million valuation.
• Skild AI, $300 million: Pittsburgh-based Skild AI introduced a $300 million Series A spherical on July 9 that valued the corporate at $1.5 billion. The spherical was led by Lightspeed Venture Partners, Coatue and Jeff Bezos’ Bezos Expeditions with participation from Sequoia, Menlo Ventures and General Catalyst, amongst others. Skild AI builds tech to energy robots.

June

• Bright Machines, $106 million: BlackRock led a $106 million Series C spherical into Bright Machines that closed on June 25. Nvidia, Microsoft and Eclipse Ventures, amongst others, additionally participated. The startup makes each sensible robotics and AI-driven software program and has raised greater than $437 million in whole funding.
• Etched.ai, $120 million: San Francisco-based Etched.ai raised a $120 million Series A spherical on June 25. The spherical was led by Primary Venture Partners and Positive Sum with participation from Two Sigma Ventures, Peter Thiel and Kyle Vogt, amongst others. Etched.ai is working to make chips that may run AI fashions quicker and cheaper than GPUs.
• EvolutionaryScale, $142 million: New York-based EvolutionaryScale is growing organic AI fashions for therapeutic design. It raised a $142 million seed spherical that closed on June 25. The spherical was led by Lux Capital, former GitHub CEO Nat Friedman and Daniel Gross, an angel investor and former head of AI at Y Combinator. The firm was based in 2023.
• AKASA, $120 million: Healthcare income cycle automation platform Akasa introduced a $120 million spherical on June 18. The San Francisco-based startup has collected $205 million in whole funding and has raised from traders, together with Andreessen Horowitz, Costanoa Ventures and Bond in prior rounds.
• AlphaSense, $650 million: New York-based AlphaSense raised a $650 million Series F spherical that was introduced on June 11. The spherical was led by Viking Global Investors and BDT & MSD Partners with participation from CapitalG, SoftBank Vision Fund and Goldman Sachs, amongst others. AlphaSense is a market intelligence platform based in 2008. The firm has raised greater than $1.4 billion in enterprise funding and was most just lately valued at $4 billion.

May

• xAI, $6 billion: Elon Musk’s xAI raised a jaw-dropping $6 billion Series B spherical on May 31 from traders, together with Sequoia, Valor Equity Partners and Fidelity, amongst others. The startup is constructing an AI platform that may “speed up human scientific discovery” and is valued at an equally gorgeous $24 billion.
• Scale AI, $1 billion: Scale AI, a startup that gives data-labeling companies to firms for coaching AI fashions, raised $1 billion in May. The Series F spherical was led by Accel with participation from Tiger Global, Spark Capital and Amazon, amongst others. San Francisco-based Scale AI has raised greater than $1.6 billion in whole and is presently valued at practically $14 billion.
• Suno, $125 million: AI-music creation platform Suno raised $125 million in a Series B spherical that closed on May 21. The spherical values the Cambridge, Massachusetts, startup at $500 million. Founder Collective, Lightspeed Venture Partners and Matrix participated within the spherical along with former GitHub CEO Nat Friedman and former head of AI at Y Combinator Daniel Gross.
• Weka, $140 million: Silicon Valley-based Weka created an AI-native information platform and raised $140 million in a Series E spherical that closed on May 13. The funding was led by Valor Equity Partners with participation from Qualcomm Ventures, Nvidia and Hitachi Ventures, amongst others. The startup was valued at $1.6 billion.
• CoreWeave, $1.1 billion: New Jersey-based GPU infrastructure supplier CoreWeave raised $1.1 billion in a Series C spherical that closed on May 1. Coatue led the spherical with participation from Fidelity, Altimeter Capital and Magnetar Capital, amongst others. CoreWeave was launched in 2017 and is valued at $19 billion.

April

• Blaize, $106 million: AI computing platform firm Blaize raised $106 million in a Series D spherical that was introduced on April 29. The spherical had participation from traders, together with Temasek, Franklin Templeton and Bess Ventures, amongst others. The firm was based in 2010 and has raised $242 million.
• Augment, $227 million: Palo Alto-based Augment raised $227 million for its AI coding help startup. The startup’s Series B spherical was introduced on April 24. Lightspeed Venture Partners, Index Ventures and Sutter Hill Ventures participated within the spherical, which valued the startup simply shy of $1 billion.
• Cognition, $175 million: Founders Fund led utilized AI lab startup Cognition’s $175 million spherical that closed on April 24. This spherical got here nearly a month after the agency raised a $21 million Series A spherical in March from Founders Fund and quite a few different traders, together with Ramp co-founder Eric Glyman, Stripe co-founders Patrick and John Collison, and DoorDash co-founder Tony Xu. The firm was based in November 2023 and is already valued at practically $2 billion.
• Xaira Therapeutics, $1 billion: San Francisco-based AI drug discovery startup Xaira Therapeutics raised a $1 billion Series A spherical. Foresite Capital and ARCH Venture Partners led the spherical that was introduced on April 23. Sequoia, NEA and Lux Capital participated within the spherical, amongst many others.
• Cyera, $300 million: Coatue led the latest $300 million Series C spherical into AI-powered information safety platform Cyera that closed on April 9. The spherical valued New York-based startup at $1.4 billion. Sequoia, Redpoint and Accel additionally participated within the spherical, amongst others.

March

• Celestial AI, $175 million: Celestial AI, based in 2020, is constructing an optical interconnect know-how platform for information facilities and AI options and raised a $175 million Series C spherical on March 27, which introduced its whole funding quantity to $338 million. The spherical was led by Thomas Tull’s US Innovative Technology Fund with participation from M Ventures, Temasek and Tyche Partners, amongst others.
• FundGuard, $100 million: FundGuard is a New York-based startup providing an AI-powered funding accounting working system that raised $100 million at a $400 million valuation. The Series C spherical closed on March 25 and was led by Key1 Capital with participation from Hamilton Lane, Blumberg Capital and Team8, amongst others.
• Together AI, $106 million: Salesforce Ventures led Together AI’s $106 million Series A spherical that valued the corporate at $1.2 billion. Together AI is a platform designed to assist create infrastructure and open supply generative AI for growing AI fashions. NEA, Kleiner Perkins and Lux Capital additionally participated within the spherical, amongst others. The spherical was introduced on March 13.
• Zephyr AI, $111 million: Fairfax Station, Virginia-based Zephyr AI raised a $111 million Series A spherical that closed on March 13. Revolution Growth, Eli Lilly and Company Foundation, EPIQ Capital Group and investor Jeff Skoll all participated within the spherical. The startup, based in 2020, makes use of AI to reinforce drug discovery and precision drugs. It has raised $129.5 million whole thus far.

February

• Glean, $203 million: AI-driven enterprise search startup Glean raised $203 million in a February 27 spherical that valued the startup at $2.2 billion. The Series D spherical was led by Lightspeed Venture Partners and Kleiner Perkins with participation from Sequoia and Databricks Ventures, amongst others. The Silicon Valley-based startup has raised greater than $350 million in enterprise funding and its founder, Arvind Jain, was just lately interviewed on TechCrunch’s Found podcast.
• Figure, $675 million: Silicon Valley-based AI robotics startup Figure raised a $675 million Series B spherical that closed on February 24. The spherical valued the startup at practically $2.7 billion. Nvidia, OpenAI and Microsoft participated within the spherical, amongst others. The startup was based in 2022 and has raised greater than $850 million.
• Abridge, $150 million: Pittsburgh-based Abridge, which makes use of AI to transcribe medical conversations, raised a $150 million Series C spherical that closed on February 23. The spherical was led by Redpoint and Lightspeed Venture Partners with participation from USV, IVP and Spark Capital, amongst others. This spherical brings the six-year-old firm’s valuation to $850 million.
• Recogni, $102 million: The firm designs high-output however low-power AI interface options, and it raised a $102 million Series C spherical on February 20. The spherical was led by GreatPoint Ventures and Celesta Capital. Pledge Ventures, Mayfield and DNS Capital additionally contributed to the spherical.
• Lambda, $320 million: San Francisco-based deep studying infrastructure firm Lambda raised $320 million in a Series C spherical that was introduced on February 15. The spherical was led by Thomas Tull’s US Innovative Technology Fund with participation from Gradient Ventures, Mercato Partners and T. Rowe Price, amongst others. Lambda has raised greater than $900 million in enterprise capital and was most just lately valued at $1.5 billion.
• Magic, $117 million: AI coding startup Magic raised a $117 million Series B spherical that closed on February 12. The spherical was led by NFDG Ventures with participation from CapitalG and angel investor Elad Gil. The San Francisco-based firm has raised greater than $145 million in whole capital.

January

• Kore.ai, $150 million: A startup constructing conversational AI for enterprises, Kore.ai raised a $150 million Series D spherical that was introduced on January 30. FTV Capital led the spherical into the Orlando, Florida-based firm. Nvidia, Vistara Growth, and SubsequentEquity Partners participated as nicely, amongst others. Kore.ai was based in 2013 and has raised greater than $223 million in funding.

This piece was initially revealed on July 13, 2024, and was up to date on September 9, 2024, October 11, 2024, November 15, 2024, and December 20, 2024 to incorporate extra offers.

This piece has been up to date to right Glean’s present valuation.