Here’s the Complete List of 28 US AI Startups Raising $100M+ in 2024

While some may feel fatigued by the constant buzz around AI, venture investors remain enthusiastic about the field. In the first half of 2024 alone, AI startups worldwide attracted over $35.5 billion in funding, according to recent Crunchbase data. Among the six largest venture rounds exceeding $1 billion in the first half of 2024, five were secured by AI companies.

Numerous other AI startups also secured substantial rounds of over $100 million. US-based startups were particularly successful, securing two of the billion-dollar rounds and nearly 64% of the mega-rounds. Below is a comprehensive list of US AI startups that have raised $100 million or more in 2024:

July

Hebbia - $130 million: Led by Andreessen Horowitz, Hebbia closed a $130 million round on July 8, bringing its valuation to $700 million. The startup leverages generative AI to search extensive documents, with additional investments from Peter Thiel, Index Ventures, and Google Ventures.

Skild AI - $300 million: Skild AI, based in Pittsburgh, raised $300 million on July 9, valuing the company at $1.5 billion. The Series A round included Lightspeed Venture Partners, Coatue, Bezos Expeditions, and others. Skild AI focuses on technology for powering robots.

June

3. Bright Machines - $106 million: On June 25, BlackRock led a $106 million Series C round into Bright Machines, which develops smart robotics and AI-driven software. Other participants included Nvidia, Microsoft, and Eclipse Ventures.

4. Etched.ai - $120 million: San Francisco-based Etched.ai raised $120 million in a Series A round on June 25. Led by Primary Venture Partners and Positive Sum, with participation from Two Sigma Ventures and Peter Thiel, Etched.ai aims to create chips for faster, cheaper AI model execution.

5. EvolutionaryScale - $142 million: EvolutionaryScale raised a $142 million seed round on June 25, led by Lux Capital. The New York-based company focuses on biological AI models for therapeutic design.

6. AKASA - $120 million: AKASA, a healthcare revenue cycle automation platform, announced a $120 million round on June 18. Investors included Andreessen Horowitz and Bond.

7. AlphaSense - $650 million: Market intelligence platform AlphaSense raised $650 million in a Series F round on June 11. Viking Global Investors and BDT & MSD Partners led the round, which included CapitalG and SoftBank Vision Fund.

May

8. xAI - $6 billion: Elon Musk’s xAI secured a $6 billion Series B round on May 31, valuing the company at $24 billion. Investors included Sequoia and Fidelity.

9. Scale AI - $1 billion: Scale AI raised $1 billion in a Series F round in May, led by Accel, with participation from Tiger Global and Amazon. The startup provides data-labeling services for training AI models.

10. Suno - $125 million: AI-music creation platform Suno raised $125 million in a Series B round on May 21, valuing the startup at $500 million.

11. Weka - $140 million: Weka’s AI-native data platform attracted $140 million in a Series E round on May 13, led by Valor Equity Partners.

12. CoreWeave - $1.1 billion: CoreWeave, a GPU infrastructure provider, raised $1.1 billion in a Series C round on May 1.

April

13. Blaize - $106 million: AI computing platform Blaize raised $106 million in a Series D round on April 29.

14. Augment - $227 million: Palo Alto-based Augment secured $227 million for its AI coding assistance startup on April 24.

15. Cognition - $175 million: Applied AI lab Cognition raised $175 million in a round that closed on April 24.

16. Xaira Therapeutics - $1 billion: AI drug discovery startup Xaira Therapeutics raised $1 billion in a Series A round on April 23.

17. Cyera - $300 million: AI-powered data security platform Cyera raised $300 million in a Series C round on April 9.

March

18. Celestial AI - $175 million: Celestial AI, developing optical interconnect technology for data centers, raised $175 million on March 27.

19. FundGuard - $100 million: AI-powered investment accounting system FundGuard raised $100 million on March 25.

20. Together AI - $106 million: Together AI, a platform for developing AI models, raised $106 million on March 13.

21. Zephyr AI - $111 million: Zephyr AI, enhancing drug discovery and precision medicine, raised $111 million on March 13.

February

22. Glean - $203 million: Enterprise search startup Glean raised $203 million on February 27.

23. Figure - $675 million: AI robotics startup Figure raised $675 million on February 24.

24. Abridge - $150 million: Abridge, which transcribes medical conversations using AI, raised $150 million on February 23.

25. Recogni - $102 million: AI interface solution developer Recogni raised $102 million on February 20.

26. Lambda - $320 million: Deep learning infrastructure company Lambda raised $320 million on February 15.

27. Magic - $117 million: AI coding startup Magic raised $117 million on February 12.

January

28. Kore.ai - $150 million: Kore.ai, building conversational AI for enterprises, raised $150 million in a Series D round announced on January 30.