Funding

EvenUp announced a $135 million Series D led by Bain Capital Ventures and launched Claims Intelligence products on 8 October 2024.

Pinpoint Predictive completed a Series A of more than US$23 million led by Markd, the company said on 8 October 2024.

Bevaya raised a US$22.2 million Series B led by Harbert Growth Partners, the company said on 17 September 2024.

Akur8 raised a US$120 million Series C led by One Peak, the company said on 16 September 2024. Partners Group and Guidewire participated, and Akur8 put total investment at about US$180 million.

Jus Mundi raised a US$22 million Series B and launched Jus AI, Daily Jus reported on 11 September 2024.

Glean announced over $260 million Series E funding and next-generation Work AI prompting on 10 September 2024.

Retell AI raised a US$4.6 million seed round led by Alt Capital, the company said in August 2024.

Groq announced a $640 million Series D at a $2.8 billion valuation for LPU inference on 5 August 2024.

Credo AI announced US$21 million in new capital and new leadership hires, the company said on 30 July 2024.

Pindrop secured US$100 million in debt financing from Hercules Capital, the company said on 17 July 2024. It said the money would accelerate its fraud and deepfake detection technology.

Hebbia raised a US$130 million Series B led by Andreessen Horowitz, the company said on 8 July 2024. Index Ventures, Google Ventures and Peter Thiel also took part.

Cognigy raised a US$100 million Series C led by Eurazeo, the company said on 11 June 2024. Insight Partners also participated.

DeepL raised US$300 million at a US$2 billion valuation, the company said on 22 May 2024. Index Ventures led the round.

PolyAI: Series C: $50M to grow enterprise voice AI, the company said on 16 May 2024.

Novidea secured an additional US$30 million from HarbourVest Partners, taking its Series C to about US$80 million, the company said on 9 April 2024. Total funding reached about US$120 million.