//Market report · September 2026

AI startup market 2026: use cases, funding, growth

Of 10,803 AI startups founded since 2020 (Crunchbase), 7,740 fall into 20 use cases. For each use case: how many companies, how much they raised, how fast funding grows, the top 10 countries, cities and investors, and disclosed revenue.

AI startups in the sample
10,803
sorted into 20 use cases
7,740
raised since 2020
$323B
funding growth in 2025
+109%
of the companies are in the US
52%
companies with public revenue figures
30
//Summary

Five findings

  1. More than half the money went to model labs.

    The 131 companies in Models and labs raised $170B of the $323B total. 81% of that went to Anthropic, xAI and Project Prometheus.

  2. Money grows faster than deal count.

    Startups raised $103B in 2025 versus $49B in 2024 (+109%), while the number of rounds grew only 20%. Q1 2026 brought 6.4x as much money as Q1 2025 on almost the same number of rounds.

  3. Voice agents, robotics and Legal AI grow fastest.

    By number of rounds in 2025, the leaders are voice agents (+59%), robotics (+41%) and work assistants (+35%). By money, voice agents lead (+625%, more than 7x), followed by Legal AI (+423%). LLMOps (−2%) and customer support (+8%) lag behind.

  4. The market is the US, San Francisco and Y Combinator.

    The US has 52% of the companies and 75% of the money, and San Francisco alone is home to 1,121 of the startups. Y Combinator is the most frequent investor in 19 of 20 use cases; in Models and labs, it is NVIDIA.

  5. Hardly anyone discloses revenue.

    Revenue figures turned up for only 30 companies, $76B combined, and 86% of that is Anthropic ($65B a year). Next come Cursor ($4B), Mercor ($2B) and Cognition ($900M).

//All use cases

Use cases: companies, funding, growth

A company can belong to several use cases, so the rows don’t add up.

Models and labs131$170B$13.2M81%+109%+25%+1,077%$65.6B3 companies
AI infrastructure547$39.6B$4.5M46%+92%+24%+749%$342M4 companies
Robotics and embodied AI614$28.9B$3.8M22%+112%+41%+489%$100M1 company
Industry solutions1,250$20.2B$2.3M30%+28%+18%+243%—
Science, bio and pharma326$11.1B$6.4M38%+89%−2%−52%—
Cybersecurity550$10.5B$4.9M22%+124%+33%+241%—
Coding agents and developer tools276$10.5B$3.2M47%+135%+12%+29%$5.4B3 companies
Finance and insurance948$9.8B$3.0M9%+53%+18%+116%—
Healthcare991$9.0B$2.0M18%+145%+24%+42%—
Work assistants, search and agents589$7.7B$2.1M35%+67%+35%+135%$700M2 companies
Video, images and 3D311$6.7B$1.6M29%+151%+15%+299%$239M3 companies
Sales and marketing857$4.6B$1.6M10%+86%+13%+35%$10.0M1 company
Legal AI242$4.1B$2.1M56%+423%+27%+64%$290M2 companies
Support agents and CX196$3.4B$1.9M65%+8%+4%+479%$150M1 company
Voice and audio: synthesis, recognition, music210$2.5B$1.1M60%+70%−2%+109%$1.0B3 companies
HR and recruiting305$1.7B$1.0M39%+201%+29%+34%$2.0B3 companies
AI training data138$1.6B$3.5M28%+65%+10%+247%$200M2 companies
Voice agents227$1.5B$1.1M41%+625%+59%−16%$1.0M1 company
Consumer and education440$1.4B$800K14%+104%−1%+29%$180M2 companies
LLMOps and model security149$1.4B$4.2M24%−2%+2%+276%—
//Growth

Funding growth by use case

Change in money raised, by use case. Hover over or tap a bar to see the amounts and round counts.

//Deep dive

20 use cases in detail

Open a use case to see its funding by year, top companies, countries and cities, investors and revenue.

Models and labs131 companies$170B raised+109% 2025 vs 2024
Raised by year

Fainter: partial year

2025 vs 2024: +109% · Q1 2026 vs Q1 2025: +1,077%

Top funded

total raised

  1. 1AnthropicUS$78.7B
  2. 2xAIUS$42.9B
  3. 3Project PrometheusUS$16.2B
  4. 4Moonshot AIChina$4.8B
  5. 5Mistral AIFrance$4.0B

Top 10 countries

companies · raised

  1. 1US80 · $153B
  2. 2UK10 · $1.8B
  3. 3China9 · $9.2B
  4. 4France7 · $5.3B
  5. 5Singapore3 · $33.8M
  6. 6Germany3 · $9.9M
  7. 7Sweden3 · $3.8M
  8. 8Canada3 · $850K
  9. 9Japan2 · $420M
  10. 10Switzerland2 · $5.0M

Top 10 cities

companies · raised

  1. 1San Francisco, US35 · $100B
  2. 2Palo Alto, US12 · $48.2B
  3. 3New York, US9 · $2.4B
  4. 4London, UK8 · $1.8B
  5. 5Beijing, China7 · $5.9B
  6. 6Paris, France5 · $5.3B
  7. 7Seattle, US3 · $83.7M
  8. 8Singapore3 · $33.8M
  9. 9Shanghai, China2 · $3.3B
  10. 10San Jose, US2 · $714M

Top 10 investors

companies backed · led a round

  1. 1NVIDIA13 companies · led 5
  2. 2Y Combinator12 companies · led 7
  3. 3Lightspeed Venture Partners7 companies · led 7
  4. 4DST Global6 companies · led 2
  5. 5Andreessen Horowitz5 companies · led 5
  6. 6Sequoia Capital5 companies · led 4
  7. 7South Park Commons5 companies
  8. 8Menlo Ventures4 companies · led 3
  9. 9Google4 companies · led 2
  10. 10Tencent4 companies · led 2

Disclosed revenue

AI infrastructure547 companies$39.6B raised+92% 2025 vs 2024
Raised by year

Fainter: partial year

2025 vs 2024: +92% · Q1 2026 vs Q1 2025: +749%

Top funded

total raised

  1. 1DayOneSingapore$10.4B
  2. 2NscaleUK$5.9B
  3. 3Silicon BoxSingapore$1.9B
  4. 4HyperVault AI Data CenterIndia$1.0B
  5. 5RebellionsSouth Korea$903M

Top 10 countries

companies · raised

  1. 1US271 · $13.2B
  2. 2China35 · $1.2B
  3. 3UK31 · $6.7B
  4. 4India22 · $2.0B
  5. 5Canada19 · $1.1B
  6. 6South Korea18 · $1.3B
  7. 7Singapore16 · $12.4B
  8. 8UAE10 · $26.9M
  9. 9Germany9 · $403M
  10. 10France9 · $53.8M

Top 10 cities

companies · raised

  1. 1San Francisco, US83 · $3.5B
  2. 2New York, US26 · $1.2B
  3. 3London, UK22 · $6.6B
  4. 4Singapore16 · $12.4B
  5. 5Palo Alto, US14 · $1.2B
  6. 6Santa Clara, US9 · $2.1B
  7. 7Seoul, South Korea9 · $86.9M
  8. 8Bengaluru, India8 · $358M
  9. 9Beijing, China8 · $339M
  10. 10Toronto, Canada8 · $248M

Top 10 investors

companies backed · led a round

  1. 1Y Combinator33 companies · led 27
  2. 2Antler9 companies · led 3
  3. 3Alumni Ventures9 companies
  4. 4Samsung NEXT9 companies
  5. 5Plug and Play8 companies
  6. 6Lightspeed Venture Partners7 companies · led 7
  7. 7Lux Capital7 companies · led 7
  8. 8General Catalyst7 companies · led 5
  9. 9NVIDIA7 companies · led 2
  10. 10Andreessen Horowitz6 companies · led 6

Disclosed revenue

Robotics and embodied AI614 companies$28.9B raised+112% 2025 vs 2024
Raised by year

Fainter: partial year

2025 vs 2024: +112% · Q1 2026 vs Q1 2025: +489%

Top funded

total raised

  1. 1SaronicUS$2.6B
  2. 2FigureUS$1.9B
  3. 3Skild AIUS$1.8B
  4. 4Didi WoyaChina$1.5B
  5. 5HelsingGermany$1.5B

Top 10 countries

companies · raised

  1. 1US237 · $13.4B
  2. 2China103 · $10.1B
  3. 3South Korea48 · $327M
  4. 4India27 · $16.6M
  5. 5UK26 · $134M
  6. 6Germany18 · $1.9B
  7. 7Japan16 · $286M
  8. 8Canada14 · $1.2B
  9. 9France12 · $385M
  10. 10Turkey11 · $6.7M

Top 10 cities

companies · raised

  1. 1San Francisco, US53 · $2.0B
  2. 2Beijing, China23 · $5.5B
  3. 3New York, US23 · $323M
  4. 4Seoul, South Korea23 · $281M
  5. 5Shenzhen, China22 · $1.6B
  6. 6London, UK17 · $95.0M
  7. 7Shanghai, China15 · $1.5B
  8. 8Palo Alto, US13 · $1.7B
  9. 9Bengaluru, India11 · $8.0M
  10. 10Suzhou, China9 · $681M

Top 10 investors

companies backed · led a round

  1. 1Y Combinator39 companies · led 29
  2. 2TIPS Program15 companies · led 12
  3. 3Pioneer Fund13 companies
  4. 4Khosla Ventures12 companies · led 8
  5. 5Antler12 companies · led 7
  6. 6Techstars11 companies · led 11
  7. 7HSG10 companies · led 4
  8. 8Sequoia Capital9 companies · led 5
  9. 9SOSV7 companies · led 6
  10. 10FuturePlay7 companies · led 4

Disclosed revenue

Industry solutions1,250 companies$20.2B raised+28% 2025 vs 2024
Raised by year

Fainter: partial year

2025 vs 2024: +28% · Q1 2026 vs Q1 2025: +243%

Top funded

total raised

  1. 1SaronicUS$2.6B
  2. 2Silicon BoxSingapore$1.9B
  3. 3HelsingGermany$1.5B
  4. 4True AnomalyUS$1.1B
  5. 5Mind RoboticsUS$1.0B

Top 10 countries

companies · raised

  1. 1US586 · $12.6B
  2. 2India59 · $226M
  3. 3South Korea55 · $207M
  4. 4Germany54 · $2.0B
  5. 5UK53 · $379M
  6. 6Canada43 · $397M
  7. 7China33 · $898M
  8. 8Japan27 · $91.2M
  9. 9Singapore21 · $2.0B
  10. 10Brazil21 · $58.5M

Top 10 cities

companies · raised

  1. 1San Francisco, US121 · $1.3B
  2. 2New York, US74 · $1.0B
  3. 3London, UK42 · $324M
  4. 4Seoul, South Korea31 · $132M
  5. 5Austin, US24 · $2.9B
  6. 6Singapore21 · $2.0B
  7. 7Munich, Germany17 · $1.9B
  8. 8Palo Alto, US17 · $1.2B
  9. 9Berlin, Germany17 · $52.1M
  10. 10Bengaluru, India17 · $46.5M

Top 10 investors

companies backed · led a round

  1. 1Y Combinator82 companies · led 64
  2. 2Techstars38 companies · led 31
  3. 3Antler30 companies · led 12
  4. 4Plug and Play25 companies · led 4
  5. 5TIPS Program23 companies · led 17
  6. 6Pioneer Fund15 companies
  7. 7Andreessen Horowitz13 companies · led 11
  8. 8Soma Capital13 companies
  9. 9REACH12 companies · led 7
  10. 10Alumni Ventures12 companies · led 2

Disclosed revenue

No disclosed figures.

Science, bio and pharma326 companies$11.1B raised+89% 2025 vs 2024
Raised by year

Fainter: partial year

2025 vs 2024: +89% · Q1 2026 vs Q1 2025: −52%

Top funded

total raised

  1. 1Isomorphic LabsUK$2.7B
  2. 2Xaira TherapeuticsUS$1.0B
  3. 3KardiganUS$554M
  4. 4Lila SciencesUS$551M
  5. 5PathosUS$447M

Top 10 countries

companies · raised

  1. 1US176 · $6.2B
  2. 2UK40 · $3.3B
  3. 3China16 · $540M
  4. 4Canada12 · $161M
  5. 5South Korea11 · $86.8M
  6. 6Germany9 · $43.8M
  7. 7France8 · $122M
  8. 8Israel7 · $301M
  9. 9Netherlands3 · $104M
  10. 10Spain3 · $66.0M

Top 10 cities

companies · raised

  1. 1San Francisco, US37 · $1.1B
  2. 2London, UK22 · $3.1B
  3. 3New York, US19 · $402M
  4. 4Cambridge, US15 · $808M
  5. 5Boston, US9 · $249M
  6. 6South San Francisco, US8 · $1.7B
  7. 7Palo Alto, US7 · $141M
  8. 8Shanghai, China5 · $170M
  9. 9Cambridge, UK5 · $160M
  10. 10Paris, France5 · $119M

Top 10 investors

companies backed · led a round

  1. 1Y Combinator26 companies · led 18
  2. 2General Catalyst7 companies · led 5
  3. 3Khosla Ventures7 companies · led 4
  4. 4Alumni Ventures7 companies
  5. 5Lux Capital6 companies · led 4
  6. 6NVentures6 companies · led 3
  7. 7Amazon Web Services5 companies · led 5
  8. 8ARCH Venture Partners5 companies · led 4
  9. 9Radical Ventures5 companies · led 4
  10. 10Innovate UK5 companies · led 4

Disclosed revenue

No disclosed figures.

Cybersecurity550 companies$10.5B raised+124% 2025 vs 2024
Raised by year

Fainter: partial year

2025 vs 2024: +124% · Q1 2026 vs Q1 2025: +241%

Top funded

total raised

  1. 1CyeraUS$1.7B
  2. 2TorqIsrael$330M
  3. 3TENEX.AIUS$277M
  4. 4XBOWUS$272M
  5. 5JosysJapan$218M

Top 10 countries

companies · raised

  1. 1US309 · $7.5B
  2. 2UK35 · $239M
  3. 3Israel34 · $1.7B
  4. 4India15 · $36.4M
  5. 5France11 · $187M
  6. 6Spain10 · $40.1M
  7. 7China9 · $72.4M
  8. 8South Korea9 · $64.9M
  9. 9Canada9 · $20.4M
  10. 10Switzerland8 · $11.1M

Top 10 cities

companies · raised

  1. 1San Francisco, US65 · $1.0B
  2. 2New York, US41 · $2.6B
  3. 3London, UK30 · $154M
  4. 4Tel Aviv, Israel26 · $1.3B
  5. 5Palo Alto, US15 · $466M
  6. 6Austin, US11 · $239M
  7. 7San Jose, US9 · $397M
  8. 8Seattle, US8 · $522M
  9. 9Boston, US8 · $289M
  10. 10Paris, France7 · $104M

Top 10 investors

companies backed · led a round

  1. 1Y Combinator25 companies · led 21
  2. 2AWS & Crowdstrike Cybersecurity Accelerator18 companies · led 19
  3. 3Plug and Play11 companies · led 2
  4. 4Insight Partners10 companies · led 9
  5. 5Lightspeed Venture Partners10 companies · led 7
  6. 6Antler10 companies · led 5
  7. 7Alumni Ventures10 companies · led 1
  8. 8Accel8 companies · led 9
  9. 9Ballistic Ventures8 companies · led 8
  10. 10Redpoint8 companies · led 6

Disclosed revenue

No disclosed figures.

Coding agents and developer tools276 companies$10.5B raised+135% 2025 vs 2024
Raised by year

Fainter: partial year

2025 vs 2024: +135% · Q1 2026 vs Q1 2025: +29%

Top funded

total raised

  1. 1AnysphereUS$3.4B
  2. 2CognitionUS$896M
  3. 3PoolsideUS$626M
  4. 4LovableSweden$552M
  5. 5MagicUS$466M

Top 10 countries

companies · raised

  1. 1US181 · $9.1B
  2. 2UK10 · $171M
  3. 3India10 · $47.5M
  4. 4France6 · $18.6M
  5. 5South Korea6 · $2.5M
  6. 6Israel5 · $315M
  7. 7Canada5 · $82.3M
  8. 8Sweden4 · $556M
  9. 9China4 · $65.1M
  10. 10Netherlands3 · $3.9M

Top 10 cities

companies · raised

  1. 1San Francisco, US86 · $6.5B
  2. 2New York, US15 · $158M
  3. 3London, UK9 · $166M
  4. 4Palo Alto, US7 · $1.2B
  5. 5Bengaluru, India7 · $21.7M
  6. 6Dover, US6 · $55.4M
  7. 7Boston, US5 · $477M
  8. 8Tel Aviv, Israel5 · $315M
  9. 9Seattle, US5 · $43.1M
  10. 10Austin, US5 · $31.8M

Top 10 investors

companies backed · led a round

  1. 1Y Combinator51 companies · led 44
  2. 2Antler11 companies · led 5
  3. 3Pioneer Fund10 companies
  4. 4Salesforce Ventures8 companies · led 5
  5. 5Techstars8 companies · led 2
  6. 6Accel7 companies · led 6
  7. 7Khosla Ventures7 companies · led 5
  8. 8General Catalyst7 companies · led 3
  9. 9SV Angel6 companies
  10. 10Transpose Platform Management6 companies

Disclosed revenue

Finance and insurance948 companies$9.8B raised+53% 2025 vs 2024
Raised by year

Fainter: partial year

2025 vs 2024: +53% · Q1 2026 vs Q1 2025: +116%

Top funded

total raised

  1. 1RogoUS$314M
  2. 2T-Rize GroupCanada$305M
  3. 3AlpheyaUAE$300M
  4. 4Corgi InsuranceUS$268M
  5. 5Nirvana InsuranceUS$262M

Top 10 countries

companies · raised

  1. 1US497 · $6.5B
  2. 2UK80 · $303M
  3. 3India36 · $97.6M
  4. 4Germany24 · $77.1M
  5. 5Canada23 · $414M
  6. 6Switzerland19 · $156M
  7. 7UAE17 · $678M
  8. 8Singapore16 · $91.8M
  9. 9South Korea15 · $20.0M
  10. 10Brazil14 · $118M

Top 10 cities

companies · raised

  1. 1San Francisco, US134 · $1.9B
  2. 2New York, US109 · $2.0B
  3. 3London, UK63 · $243M
  4. 4Palo Alto, US15 · $384M
  5. 5Singapore15 · $91.8M
  6. 6Berlin, Germany15 · $53.2M
  7. 7Miami, US14 · $41.2M
  8. 8Austin, US13 · $165M
  9. 9Dubai, UAE13 · $137M
  10. 10Wilmington, US13 · $94.5M

Top 10 investors

companies backed · led a round

  1. 1Y Combinator95 companies · led 76
  2. 2Plug and Play24 companies · led 6
  3. 3Techstars18 companies · led 12
  4. 4Antler18 companies · led 4
  5. 5Pioneer Fund17 companies
  6. 6General Catalyst13 companies · led 8
  7. 7Alumni Ventures13 companies
  8. 8Rebel Fund13 companies
  9. 9Lightspeed Venture Partners12 companies · led 9
  10. 10Liquid 2 Ventures11 companies

Disclosed revenue

No disclosed figures.

Healthcare991 companies$9.0B raised+145% 2025 vs 2024
Raised by year

Fainter: partial year

2025 vs 2024: +145% · Q1 2026 vs Q1 2025: +42%

Top funded

total raised

  1. 1OpenEvidenceUS$767M
  2. 2PathosUS$447M
  3. 3Hippocratic AIUS$402M
  4. 4Ambience HealthcareUS$319M
  5. 5ElephasUS$164M

Top 10 countries

companies · raised

  1. 1US553 · $7.6B
  2. 2UK48 · $165M
  3. 3South Korea32 · $74.5M
  4. 4China30 · $221M
  5. 5Canada27 · $112M
  6. 6India25 · $25.5M
  7. 7Germany23 · $112M
  8. 8Australia21 · $48.8M
  9. 9France19 · $124M
  10. 10Brazil19 · $65.3M

Top 10 cities

companies · raised

  1. 1San Francisco, US119 · $1.6B
  2. 2New York, US75 · $1.4B
  3. 3London, UK35 · $124M
  4. 4Palo Alto, US21 · $532M
  5. 5Austin, US17 · $176M
  6. 6Boston, US16 · $165M
  7. 7Los Angeles, US14 · $59.4M
  8. 8Seoul, South Korea14 · $42.6M
  9. 9Wilmington, US14 · $21.1M
  10. 10Paris, France13 · $107M

Top 10 investors

companies backed · led a round

  1. 1Y Combinator85 companies · led 71
  2. 2Techstars24 companies · led 14
  3. 3Plug and Play22 companies · led 6
  4. 4Right Side Capital Management19 companies
  5. 5Antler17 companies · led 4
  6. 6TIPS Program16 companies · led 15
  7. 7General Catalyst16 companies · led 12
  8. 8Alumni Ventures14 companies · led 1
  9. 9Pioneer Fund14 companies
  10. 10Google for Startups11 companies · led 11

Disclosed revenue

No disclosed figures.

Work assistants, search and agents589 companies$7.7B raised+67% 2025 vs 2024
Raised by year

Fainter: partial year

2025 vs 2024: +67% · Q1 2026 vs Q1 2025: +135%

Top funded

total raised

  1. 1PerplexityUS$1.5B
  2. 2UpstageSouth Korea$705M
  3. 3MainFuncUS$554M
  4. 4ExaUS$357M
  5. 5ParallelUS$260M

Top 10 countries

companies · raised

  1. 1US351 · $5.7B
  2. 2UK32 · $260M
  3. 3Germany27 · $181M
  4. 4India15 · $104M
  5. 5South Korea14 · $836M
  6. 6Canada13 · $19.0M
  7. 7France12 · $126M
  8. 8Singapore10 · $119M
  9. 9Israel7 · $54.9M
  10. 10Spain7 · $12.8M

Top 10 cities

companies · raised

  1. 1San Francisco, US108 · $2.8B
  2. 2New York, US43 · $519M
  3. 3London, UK28 · $259M
  4. 4Palo Alto, US25 · $1.1B
  5. 5Seattle, US14 · $187M
  6. 6Los Angeles, US11 · $96.4M
  7. 7Berlin, Germany11 · $32.1M
  8. 8Singapore10 · $119M
  9. 9Paris, France8 · $121M
  10. 10Toronto, Canada8 · $10.9M

Top 10 investors

companies backed · led a round

  1. 1Y Combinator56 companies · led 45
  2. 2Techstars18 companies · led 11
  3. 3Antler14 companies · led 7
  4. 4Pioneer Fund11 companies · led 1
  5. 5Alumni Ventures11 companies
  6. 6Right Side Capital Management9 companies · led 1
  7. 7Gaingels9 companies
  8. 8Soma Capital9 companies
  9. 9Andreessen Horowitz8 companies · led 8
  10. 10Bessemer Venture Partners8 companies · led 7

Disclosed revenue

Video, images and 3D311 companies$6.7B raised+151% 2025 vs 2024
Raised by year

Fainter: partial year

2025 vs 2024: +151% · Q1 2026 vs Q1 2025: +299%

Top funded

total raised

  1. 1Luma AIUS$1.1B
  2. 2DecartUS$456M
  3. 3Black Forest LabsGermany$450M
  4. 4Shengshu TechnologyChina$442M
  5. 5AIsphereChina$416M

Top 10 countries

companies · raised

  1. 1US150 · $3.8B
  2. 2India22 · $64.2M
  3. 3China18 · $1.7B
  4. 4South Korea16 · $15.0M
  5. 5UK14 · $59.2M
  6. 6Singapore8 · $49.0M
  7. 7Sri Lanka8 · $2.2M
  8. 8Germany5 · $480M
  9. 9Israel5 · $108M
  10. 10France5 · $8.1M

Top 10 cities

companies · raised

  1. 1San Francisco, US54 · $1.6B
  2. 2New York, US13 · $201M
  3. 3Palo Alto, US12 · $1.6B
  4. 4London, UK12 · $58.5M
  5. 5Los Angeles, US8 · $81.2M
  6. 6Singapore8 · $49.0M
  7. 7Beijing, China7 · $1.4B
  8. 8Seoul, South Korea7 · $4.6M
  9. 9Wilmington, US5 · $29.1M
  10. 10Tel Aviv, Israel4 · $106M

Top 10 investors

companies backed · led a round

  1. 1Y Combinator18 companies · led 15
  2. 2Andreessen Horowitz10 companies · led 11
  3. 3TIPS Program9 companies · led 6
  4. 4Antler8 companies · led 3
  5. 5CapitalOven6 companies · led 6
  6. 6Amazon Web Services6 companies · led 3
  7. 7SV Angel6 companies
  8. 8Google for Startups5 companies · led 5
  9. 9Sequoia Capital5 companies · led 4
  10. 10General Catalyst5 companies · led 2

Disclosed revenue

Sales and marketing857 companies$4.6B raised+86% 2025 vs 2024
Raised by year

Fainter: partial year

2025 vs 2024: +86% · Q1 2026 vs Q1 2025: +35%

Top funded

total raised

  1. 1PixisUS$209M
  2. 2JasperUS$131M
  3. 3ArrowUS$114M
  4. 4ReevoUS$91.0M
  5. 5MonacoUS$85.0M

Top 10 countries

companies · raised

  1. 1US426 · $3.4B
  2. 2UK47 · $86.2M
  3. 3India47 · $64.7M
  4. 4Germany25 · $115M
  5. 5China25 · $112M
  6. 6Singapore20 · $53.7M
  7. 7South Korea18 · $65.6M
  8. 8Brazil17 · $10.0M
  9. 9Canada15 · $23.9M
  10. 10Israel12 · $203M

Top 10 cities

companies · raised

  1. 1San Francisco, US122 · $1.2B
  2. 2New York, US62 · $985M
  3. 3London, UK37 · $61.5M
  4. 4Singapore20 · $53.7M
  5. 5Bengaluru, India17 · $15.0M
  6. 6Seoul, South Korea12 · $34.2M
  7. 7São Paulo, Brazil12 · $9.4M
  8. 8Palo Alto, US11 · $125M
  9. 9Seattle, US11 · $122M
  10. 10Paris, France11 · $42.0M

Top 10 investors

companies backed · led a round

  1. 1Y Combinator55 companies · led 39
  2. 2Antler24 companies · led 11
  3. 3Techstars18 companies · led 8
  4. 4500 Global12 companies · led 5
  5. 5Soma Capital10 companies
  6. 6Right Side Capital Management10 companies
  7. 7Khosla Ventures9 companies · led 8
  8. 8Plug and Play9 companies
  9. 9TIPS Program8 companies · led 8
  10. 10Alumni Ventures8 companies · led 1

Disclosed revenue

Legal AI242 companies$4.1B raised+423% 2025 vs 2024
Raised by year

Fainter: partial year

2025 vs 2024: +423% · Q1 2026 vs Q1 2025: +64%

Top funded

total raised

  1. 1HarveyUS$1.2B
  2. 2LegoraSweden$866M
  3. 3EveUS$164M
  4. 4EnterBrazil$140M
  5. 5Norm AIUS$136M

Top 10 countries

companies · raised

  1. 1US130 · $2.5B
  2. 2UK14 · $149M
  3. 3Canada7 · $58.7M
  4. 4Brazil6 · $147M
  5. 5South Korea6 · $16.9M
  6. 6India6 · $8.5M
  7. 7France5 · $57.1M
  8. 8Netherlands5 · $2.9M
  9. 9Germany4 · $20.2M
  10. 10Australia4 · $4.5M

Top 10 cities

companies · raised

  1. 1San Francisco, US32 · $1.7B
  2. 2New York, US24 · $358M
  3. 3London, UK11 · $41.1M
  4. 4Austin, US8 · $58.2M
  5. 5Washington, US7 · $21.8M
  6. 6Toronto, Canada6 · $55.2M
  7. 7Seoul, South Korea4 · $14.3M
  8. 8Dover, US4 · $4.6M
  9. 9Stockholm, Sweden3 · $873M
  10. 10Palo Alto, US3 · $143M

Top 10 investors

companies backed · led a round

  1. 1Y Combinator21 companies · led 18
  2. 2Antler9 companies · led 3
  3. 3The LegalTech Fund6 companies · led 2
  4. 4Techstars5 companies · led 5
  5. 5Plug and Play5 companies · led 1
  6. 6LvlUp Ventures5 companies
  7. 7Sequoia Capital4 companies · led 4
  8. 8Index Ventures4 companies · led 4
  9. 9General Catalyst4 companies · led 3
  10. 10Myriad Venture Partners4 companies · led 1

Disclosed revenue

Support agents and CX196 companies$3.4B raised+8% 2025 vs 2024
Raised by year

Fainter: partial year

2025 vs 2024: +8% · Q1 2026 vs Q1 2025: +479%

Top funded

total raised

  1. 1SierraUS$1.6B
  2. 2DecagonUS$481M
  3. 3DevRevUS$151M
  4. 4AislesUS$140M
  5. 5Maven AGIUS$78.0M

Top 10 countries

companies · raised

  1. 1US107 · $3.1B
  2. 2UK10 · $41.2M
  3. 3India10 · $12.2M
  4. 4Australia4 · $61.4M
  5. 5Israel4 · $38.7M
  6. 6France4 · $32.1M
  7. 7Saudi Arabia4 · $22.4M
  8. 8Netherlands4 · $14.8M
  9. 9Singapore4 · $14.0M
  10. 10Canada4 · $1.8M

Top 10 cities

companies · raised

  1. 1San Francisco, US41 · $2.4B
  2. 2New York, US15 · $37.7M
  3. 3London, UK9 · $39.1M
  4. 4Tel Aviv, Israel4 · $38.7M
  5. 5Riyadh, Saudi Arabia4 · $22.4M
  6. 6Amsterdam, Netherlands4 · $14.8M
  7. 7Singapore4 · $14.0M
  8. 8Wilmington, US4 · $9.8M
  9. 9Paris, France3 · $32.1M
  10. 10Seattle, US3 · $18.6M

Top 10 investors

companies backed · led a round

  1. 1Y Combinator32 companies · led 26
  2. 2General Catalyst5 companies · led 3
  3. 3Soma Capital5 companies
  4. 4Antler5 companies
  5. 5Lightspeed Venture Partners4 companies · led 2
  6. 6RTP Global4 companies · led 1
  7. 7Team Ignite Ventures4 companies
  8. 8Rebel Fund4 companies
  9. 9Khosla Ventures3 companies · led 4
  10. 10Peak XV Partners3 companies · led 3

Disclosed revenue

Voice and audio: synthesis, recognition, music210 companies$2.5B raised+70% 2025 vs 2024
Raised by year

Fainter: partial year

2025 vs 2024: +70% · Q1 2026 vs Q1 2025: +109%

Top funded

total raised

  1. 1ElevenLabsUS$931M
  2. 2SunoUS$375M
  3. 3LootMogulUS$209M
  4. 4David AIUS$80.5M
  5. 5Hume AIUS$72.8M

Top 10 countries

companies · raised

  1. 1US96 · $2.1B
  2. 2India15 · $22.0M
  3. 3UK11 · $21.9M
  4. 4South Korea10 · $37.0M
  5. 5Singapore6 · $12.7M
  6. 6France5 · $78.4M
  7. 7Japan5 · $20.3M
  8. 8Switzerland5 · $1.1M
  9. 9Spain4 · $47.3M
  10. 10Germany4 · $42.3M

Top 10 cities

companies · raised

  1. 1San Francisco, US26 · $193M
  2. 2New York, US15 · $1.1B
  3. 3Seoul, South Korea9 · $37.0M
  4. 4London, UK9 · $21.3M
  5. 5Los Angeles, US6 · $76.7M
  6. 6Bengaluru, India6 · $14.3M
  7. 7Singapore5 · $12.7M
  8. 8Santa Monica, US3 · $213M
  9. 9Paris, France3 · $72.7M
  10. 10Seattle, US3 · $28.8M

Top 10 investors

companies backed · led a round

  1. 1Y Combinator15 companies · led 12
  2. 2Antler6 companies · led 2
  3. 3Techstars6 companies · led 1
  4. 4500 Global5 companies · led 1
  5. 5SkyDeck Berkeley4 companies · led 1
  6. 6LvlUp Ventures4 companies · led 1
  7. 7Pioneer Fund4 companies
  8. 8Khosla Ventures3 companies · led 3
  9. 9Andreessen Horowitz3 companies · led 3
  10. 10CapitalOven3 companies · led 3

Disclosed revenue

HR and recruiting305 companies$1.7B raised+201% 2025 vs 2024
Raised by year

Fainter: partial year

2025 vs 2024: +201% · Q1 2026 vs Q1 2025: +34%

Top funded

total raised

  1. 1MercorUS$484M
  2. 2JuiceboxUS$116M
  3. 3ParaformUS$65.0M
  4. 4EmaUS$61.0M
  5. 5Humanly.ioUS$55.2M

Top 10 countries

companies · raised

  1. 1US148 · $1.3B
  2. 2UK28 · $86.1M
  3. 3India22 · $6.5M
  4. 4Canada9 · $32.3M
  5. 5Germany8 · $17.0M
  6. 6Japan6 · $48.0M
  7. 7France6 · $47.7M
  8. 8Brazil6 · $30.9M
  9. 9South Korea5 · $11.7M
  10. 10Singapore5 · $7.1M

Top 10 cities

companies · raised

  1. 1San Francisco, US41 · $760M
  2. 2New York, US21 · $90.1M
  3. 3London, UK20 · $56.7M
  4. 4Bengaluru, India13 · $4.0M
  5. 5Toronto, Canada6 · $32.1M
  6. 6Singapore5 · $7.1M
  7. 7Palo Alto, US4 · $42.8M
  8. 8Tokyo, Japan4 · $39.7M
  9. 9Paris, France4 · $26.7M
  10. 10Berlin, Germany4 · $12.8M

Top 10 investors

companies backed · led a round

  1. 1Y Combinator22 companies · led 15
  2. 2Techstars10 companies · led 8
  3. 3Liquid 2 Ventures7 companies
  4. 4Google for Startups5 companies · led 5
  5. 5General Catalyst5 companies · led 4
  6. 6LvlUp Ventures5 companies · led 1
  7. 7Alumni Ventures5 companies
  8. 8Antler4 companies · led 3
  9. 9Entrepreneurs First4 companies · led 2
  10. 10FJ Labs4 companies

Disclosed revenue

AI training data138 companies$1.6B raised+65% 2025 vs 2024
Raised by year

Fainter: partial year

2025 vs 2024: +65% · Q1 2026 vs Q1 2025: +247%

Top funded

total raised

  1. 1ArenaUS$250M
  2. 2EncordUS$110M
  3. 3David AIUS$80.5M
  4. 4Mecka AICanada$68.0M
  5. 5GretelUS$67.7M

Top 10 countries

companies · raised

  1. 1US86 · $1.4B
  2. 2Canada8 · $78.8M
  3. 3UK7 · $15.7M
  4. 4South Korea6 · $29.9M
  5. 5France4 · $23.3M
  6. 6Germany3 · $4.7M
  7. 7Spain3 · $1.2M
  8. 8India3 · $20K
  9. 9Japan2 · $13.9M
  10. 10Singapore2 · $12.7M

Top 10 cities

companies · raised

  1. 1San Francisco, US39 · $827M
  2. 2New York, US15 · $188M
  3. 3London, UK6 · $14.4M
  4. 4Palo Alto, US4 · $41.9M
  5. 5Mountain View, US3 · $61.5M
  6. 6Austin, US3 · $8.0M
  7. 7Daejeon, South Korea3 · $4.1M
  8. 8Paris, France2 · $20.2M
  9. 9Seoul, South Korea2 · $14.1M
  10. 10Singapore2 · $12.7M

Top 10 investors

companies backed · led a round

  1. 1Y Combinator27 companies · led 18
  2. 2TIPS Program5 companies · led 5
  3. 3Techstars5 companies · led 3
  4. 4CRV4 companies · led 3
  5. 5LvlUp Ventures4 companies · led 1
  6. 6Lightspeed Venture Partners3 companies · led 2
  7. 7Amplify Partners3 companies · led 2
  8. 8Databricks Ventures3 companies
  9. 9Andreessen Horowitz2 companies · led 2
  10. 10Felicis2 companies · led 2

Disclosed revenue

Voice agents227 companies$1.5B raised+625% 2025 vs 2024
Raised by year

Fainter: partial year

2025 vs 2024: +625% · Q1 2026 vs Q1 2025: −16%

Top funded

total raised

  1. 1SesameUS$308M
  2. 2LootMogulUS$209M
  3. 3Assort HealthUS$102M
  4. 4VapiUS$70.1M
  5. 5aiolaIsrael$58.0M

Top 10 countries

companies · raised

  1. 1US129 · $1.3B
  2. 2India20 · $30.6M
  3. 3Germany8 · $42.2M
  4. 4UK8 · $9.4M
  5. 5Australia6 · $4.0M
  6. 6France4 · $38.4M
  7. 7UAE4 · $1.5M
  8. 8Belgium3 · $9.0M
  9. 9South Korea3 · $3.2M
  10. 10Uzbekistan3 · $28K

Top 10 cities

companies · raised

  1. 1San Francisco, US55 · $783M
  2. 2New York, US15 · $40.0M
  3. 3Bengaluru, India9 · $11.9M
  4. 4London, UK7 · $9.0M
  5. 5Palo Alto, US6 · $44.6M
  6. 6Berlin, Germany5 · $41.3M
  7. 7Dover, US5 · $14.2M
  8. 8Paris, France3 · $34.9M
  9. 9Los Angeles, US3 · $26.3M
  10. 10Seattle, US3 · $10.8M

Top 10 investors

companies backed · led a round

  1. 1Y Combinator48 companies · led 40
  2. 2Pioneer Fund12 companies
  3. 3Antler4 companies · led 1
  4. 4Soma Capital4 companies
  5. 5Team Ignite Ventures4 companies
  6. 6SBXi4 companies
  7. 7Accel3 companies · led 3
  8. 8Plug and Play3 companies · led 2
  9. 9Amazon Web Services3 companies · led 2
  10. 10SV Angel3 companies · led 1

Disclosed revenue

  • Palabra.ai · PRWeb$1.0M ARR
Consumer and education440 companies$1.4B raised+104% 2025 vs 2024
Raised by year

Fainter: partial year

2025 vs 2024: +104% · Q1 2026 vs Q1 2025: +29%

Top funded

total raised

  1. 1MattildaMexico$89.0M
  2. 2MagicSchool AIUS$62.4M
  3. 3MetyaSingapore$56.0M
  4. 4CHAI AIUS$55.0M
  5. 5KnowunityGermany$53.9M

Top 10 countries

companies · raised

  1. 1US189 · $760M
  2. 2UK33 · $54.2M
  3. 3India26 · $26.5M
  4. 4China24 · $128M
  5. 5South Korea13 · $19.9M
  6. 6Germany12 · $113M
  7. 7Singapore11 · $78.2M
  8. 8UAE11 · $16.8M
  9. 9Canada10 · $6.4M
  10. 10Brazil6 · $9.8M

Top 10 cities

companies · raised

  1. 1San Francisco, US43 · $167M
  2. 2London, UK29 · $53.8M
  3. 3New York, US25 · $62.8M
  4. 4Singapore10 · $78.2M
  5. 5Dubai, UAE10 · $16.8M
  6. 6Seoul, South Korea10 · $12.7M
  7. 7Berlin, Germany7 · $90.7M
  8. 8Los Angeles, US7 · $4.5M
  9. 9Wilmington, US6 · $43.9M
  10. 10Beijing, China6 · $14.1M

Top 10 investors

companies backed · led a round

  1. 1Y Combinator19 companies · led 14
  2. 2Techstars11 companies · led 6
  3. 3Antler8 companies · led 2
  4. 4500 Global7 companies
  5. 5LvlUp Ventures7 companies
  6. 6Founder Institute6 companies
  7. 7Google for Startups5 companies · led 6
  8. 8TIPS Program5 companies · led 5
  9. 9GSR Ventures5 companies · led 3
  10. 10Goodwater Capital5 companies · led 1

Disclosed revenue

LLMOps and model security149 companies$1.4B raised−2% 2025 vs 2024
Raised by year

Fainter: partial year

2025 vs 2024: −2% · Q1 2026 vs Q1 2025: +276%

Top funded

total raised

  1. 1Noma SecurityIsrael$132M
  2. 2BraintrustUS$121M
  3. 3WitnessAIUS$85.5M
  4. 4GalileoUS$68.1M
  5. 5PangeaUS$51.0M

Top 10 countries

companies · raised

  1. 1US94 · $1.1B
  2. 2UK13 · $71.5M
  3. 3South Korea6 · $17.9M
  4. 4Germany4 · $13.2M
  5. 5India4 · $2.8M
  6. 6Israel3 · $140M
  7. 7Singapore3 · $11.5M
  8. 8Spain3 · $2.6M
  9. 9France2 · $9.7M
  10. 10Austria2 · $3.4M

Top 10 cities

companies · raised

  1. 1San Francisco, US25 · $352M
  2. 2London, UK9 · $66.7M
  3. 3Palo Alto, US8 · $135M
  4. 4New York, US8 · $51.9M
  5. 5Seoul, South Korea6 · $17.9M
  6. 6Wilmington, US4 · $47.5M
  7. 7Pittsburgh, US3 · $44.4M
  8. 8San Jose, US3 · $38.8M
  9. 9Singapore3 · $11.5M
  10. 10McLean, US3 · $8.8M

Top 10 investors

companies backed · led a round

  1. 1Y Combinator12 companies · led 9
  2. 2Alumni Ventures5 companies
  3. 3Google Ventures4 companies · led 3
  4. 4Lightspeed Venture Partners4 companies · led 3
  5. 5Gradient4 companies · led 3
  6. 6Databricks Ventures4 companies
  7. 7Ballistic Ventures3 companies · led 3
  8. 8Andreessen Horowitz3 companies · led 3
  9. 9AWS & Crowdstrike Cybersecurity Accelerator3 companies · led 3
  10. 10Quiet Capital3 companies · led 3

Disclosed revenue

No disclosed figures.

//Method

Methodology and caveats

Sample

The sample is 10,803 AI startups founded since 2020, taken from Crunchbase; 7,740 of them fall into the 20 use cases. A company can belong to several use cases, so use-case totals overlap.

Funding data

Funding data runs through June 12, 2026, so 2026 figures are partial. The 2026 bars in “Raised by year” are drawn in a fainter tone for that reason.

Revenue

Revenue is what companies reported publicly (ARR, run-rate or revenue). Each figure links to its source and shows the month it was reported.

Growth chart scale

Bars in the growth chart stop at +300%; their labels show the full value.

//Keep reading

More research

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//How it was built

Run research like this with your agent

Crunchbase (14,451 records) and Google News (195 searches), collected by an AI agent with Anysite over MCP. AI startups founded since 2020; funding data through June 12, 2026.

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# Anysite over MCPmcp.anysite.io/mcp crunchbase · db_search  → 14,451 recordsgoogle · news_articles_search  → 195 searches