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33 Top AI Startups in 2024

In the rapidly evolving landscape of artificial intelligence (AI), 2024 promises to be a groundbreaking year with numerous startups making significant strides in the field. From automating tasks to revolutionizing healthcare, these companies are at the forefront of AI innovation. In this article, we'll take a closer look at the top AI startups to watch out for in this year.

The global artificial intelligence (AI) market is expected to grow at a compound annual growth rate (CAGR) of 37.3% from 2023 to 2030, reaching $1.8 trillion by 2030. - Source: Grand View Research
Top AI Startups

Top AI Startups (2024)


Here are some of the top AI startups this year:


1. Databricks


Founders: Ali Ghodsi, Andy Konwinski, Arsalan Tavakoli-Shiraji, Ion Stoica, Matei Zaharia, Patrick Wendell, Reynold Xin

Total Funding Amount: $4B

Key Investors: New Enterprise Associates, Andreessen Horowitz, T. Rowe Price, In-Q-Tel

Founded Year: 2013

Company HQ: USA


Databricks is a unified AI cloud data platform that enables organizations to interact with corporate information stored in the public cloud. It provides a single platform for data engineering, data science, and machine learning, making it easy to build and deploy AI applications at scale.


Databricks integrates with all major public clouds, including AWS, Azure, and GCP, allowing customers to store and process their data in the cloud of their choice. It also supports a wide range of open-source technologies, including Apache Spark, TensorFlow, and PyTorch.


Databricks is used by a wide range of companies, including Fortune 500 companies and startups alike, to power their AI initiatives.


2. OpenAI


Founders: Carlos Virella, Elon Musk, Greg Brockman, Ilya Sutskever, John Schulman, Rafsan Shahriar, Sam Altman, Vinayak Jethaliya, Wojciech Zaremba

Total Funding Amount: $12B

Key Investors: Khosla Ventures, Microsoft, Y Combinator, Sequoia Capital

Founded Year: 2015

Company HQ: USA


OpenAI is a leading AI research and deployment company that is working to make AI more powerful, accessible, and beneficial to everyone. OpenAI's research and deployment work is helping to advance the field of AI and solve real-world problems.


OpenAI also works to deploy its research findings in the real world through products and services. For example, OpenAI has developed a number of powerful language models, such as GPT-4 and InstructGPT, which can be used to generate text, translate languages, and write different kinds of creative content. OpenAI has also developed DALL-E 2, a text-to-image diffusion model that can create realistic images from text descriptions.



Founders: James Peng, Tiancheng Lou

Total Funding Amount: $1.2B

Key Investors: Sequoia Capital, Eight Roads Ventures, Legend Capital, 5Y Capital

Founded Year: 2016

Company HQ: USA


Pony.ai is one of the leading companies in the development of autonomous vehicles. Pony.ai's autonomous driving technology is based on a combination of deep learning, computer vision, and sensor fusion.


The company's self-driving vehicles are equipped with a variety of sensors, including cameras, lidar, and radar, which provide a 360-degree view of their surroundings.


4. UiPath


Founders: Daniel Dines, Marius Tirca

Total Funding Amount: $2B

Key Investors: Accel, Sequoia Capital, Coatue, Earlybird Venture Capital

Founded Year: 2005

Company HQ: USA


UiPath is a software company that develops robotic process automation (RPA) and artificial intelligence (AI) software to help businesses improve their efficiency, accuracy, and decision-making.


UiPath's RPA software can automate repetitive tasks, such as data entry, order fulfillment, and customer service, freeing up employees to focus on more value-added activities. UiPath's AI software can help businesses to improve their decision-making and efficiency by providing them with insights from their data.


5. Socure


Founders: Johnny Ayers, Sunil Madhu

Total Funding Amount: $744.4M

Key Investors: Accel, ff Venture Capital, T. Rowe Price, Scale Venture Partners

Founded Year: 2012

Company HQ: USA


Socure is a predictive analytics platform that uses artificial intelligence and machine learning to verify digital identities in real time. It analyzes a wide range of data points, including name, address, date of birth, phone number, email address, IP address, device data, and velocity, to assess the risk of fraud.


6. Graphcore


Founders: Nigel Toon, Simon Knowles

Total Funding Amount: $682M

Key Investors: Sequoia Capital, Amadeus Capital Partners, Atomico, Microsoft, Bosch Ventures

Founded Year: 2016

Company HQ: UK

Graphcore develops a microprocessor called the Intelligence Processing Unit (IPU), which is specifically designed for AI and machine learning applications. The IPU is a massively parallel processor that can deliver significant performance improvements for AI workloads. It is also scalable, easy to use, and cost-effective.


The IPU is based on a new architecture that is optimized for AI workloads. It features a large number of cores, each of which is designed to perform a specific type of AI operation. The IPU also has a high-speed interconnect that allows the cores to communicate with each other efficiently.


7. Shield AI


Founders: Andrew Reiter, Brandon Tseng, Ryan Tseng

Total Funding Amount: $573.1M

Key Investors: Andreessen Horowitz, Breyer Capital, Point72 Ventures, SVB Capital

Founded Year: 2015

Company HQ: USA


Shield AI is a leading AI company that is developing innovative solutions to protect service members and civilians. Its technology has the potential to make the world a safer place.


Shield AI's AI-powered technology has the potential to revolutionize the way that militaries and law enforcement operate, making it possible to conduct missions more safely and effectively. F


8. Dialpad


Founders: Alex Cornell, Brian Peterson, Craig Walker, John Rector

Total Funding Amount: $450M

Key Investors: Andreessen Horowitz, Google Ventures, SoftBank, Amasia

Founded Year: 2011

Company HQ: USA


Dialpad is an AI-powered cloud communications platform that turns conversations into opportunities and helps teams make smart calls. It offers a variety of features that can help businesses improve their communication and collaboration, including AI-powered transcription and call recording, call analytics, CRM integration, and team collaboration tools.


Dialpad's AI capabilities make it easy for businesses to capture, transcribe, and analyze customer conversations. This can help businesses to identify key selling points, develop more effective sales strategies, provide better customer service, reduce customer churn, and make better business decisions.


9. Moveworks


Founders: Bhavin Shah, Jiang Chen, Vaibhav Nivargi, Varun Singh

Total Funding Amount: $305M

Key Investors: Kleiner Perkins, Tiger Global Management, Sapphire Ventures, Alkeon Capital, ICONIQ Growth

Founded Year: 2016

Company HQ: USA


Moveworks is a generative AI platform that helps businesses improve employee productivity by surfacing information and automating tasks through natural language.


Moveworks' AI-powered knowledge base provides employees with quick and easy access to the information they need to do their jobs. Moveworks also understands natural language instructions, allowing employees to automate repetitive tasks with ease.


10. Cresta


Founders: S. Zayd Enam, Sebastian Thrun, Tim Shi

Total Funding Amount: $151M

Key Investors: Sequoia Capital, Andreessen Horowitz, Tiger Global Management, Greylock

Founded Year: 2017

Company HQ: USA


Cresta is a company that provides AI-powered solutions to help businesses improve their customer service. Cresta's platform uses machine learning to analyze customer interactions and identify opportunities for improvement. Cresta then provides real-time coaching and guidance to sales and service agents to help them deliver better customer service.


11. Veriff


Founders: Janer Gorohhov, Kaarel Kotkas

Total Funding Amount: $192.3M

Key Investors: Y Combinator, Accel, Tiger Global Management, IVP, Mosaic Ventures

Founded Year: 2015

Company HQ: Estonia


Veriff is an identity verification company that protects businesses and customers from online identity fraud. It uses artificial intelligence (AI) to verify the identities of users in real time.


Veriff's AI technology is able to detect fraudulent IDs, tampered documents, and deepfake selfies. It can also identify individuals who are on watchlists or who have previously engaged in fraudulent activity.


12. Salt Security


Founders: Michael Nicosia, Roey Eliyahu

Total Funding Amount: $271M

Key Investors: Y Combinator, Sequoia Capital, Tenaya Capital, CapitalG

Founded Year: 2018

Company HQ: USA


Salt Security provides an API protection platform that leverages machine learning and AI to prevent attacks. Salt's platform discovers all of a business's APIs, including shadow and zombie APIs, and uses machine learning to detect and block a wide range of attacks, including denial-of-service attacks, data breaches, and account takeovers. Salt also provides businesses with a comprehensive view of their API security posture, helping them to identify and address security risks before they are exploited.


13. Ada


Founders: David Hariri, Mike Murchison

Total Funding Amount: $190.6M

Key Investors: Accel, Bessemer Venture Partners, Spark Capital, FirstMark

Founded Year: 2016

Company HQ: Canada


Ada is a company that develops and offers automated customer experience solutions, including chatbots and virtual assistants. Ada's chatbots are used by businesses in a variety of industries to provide 24/7 customer support, answer questions, and resolve issues.


Ada's chatbots are powered by machine learning and artificial intelligence, which allows them to learn and improve over time. Ada's chatbots can also be integrated with other systems, such as CRM and ticketing systems, to provide a more seamless customer experience.


14. Vectra AI


Founders: Hitesh Sheth, James Harlacher, Mark Abene

Total Funding Amount: $352.5M

Key Investors: Accel, Matrix Partners, TCV, DAG Ventures, IA Ventures

Founded Year: 2011

Company HQ: USA


Vectra AI is a cybersecurity platform that uses artificial intelligence (AI) to detect attackers in real time and perform conclusive incident investigations. Vectra's AI technology can identify and track attacker behavior across a variety of networks and devices, including on-premises, cloud, and hybrid environments.


15. Viz


Founders: Chris Mansi, David Golan, Manoj Ramachandran

Total Funding Amount: $291.6M

Key Investors: Kleiner Perkins, Tiger Global Management, Insight Partners, Pear VC

Founded Year: 2016

Company HQ: USA


Viz.ai is a medical imaging company that provides an AI-based care coordination tool for disease detection and workflow optimization. Viz.ai's platform uses artificial intelligence to analyze medical imaging data and identify potential disease indicators in real time, helping clinicians to quickly identify and diagnose patients who need urgent attention, and to coordinate their care more effectively.


16. People.ai


Founders: Oleg Rogynskyy

Total Funding Amount: $200M

Key Investors: Andreessen Horowitz, Lightspeed Venture Partners, ICONIQ Growth

Founded Year: 2016

Company HQ: USA


People is an AI-powered revenue intelligence platform that helps enterprise sales, marketing, and customer success teams uncover hidden opportunities and grow their businesses.


17. Shift Technology


Founders: David Durrleman, Eric Sibony, Jeremy Jawish

Total Funding Amount: $540M

Key Investors: Accel, Bessemer Venture Partners, General Catalyst

Founded Year: 2013

Company HQ: France


Shift Technology is a leading provider of AI-driven decision automation and optimization technology for the global insurance industry. Shift's solutions help insurers to automate and optimize claims processing, fraud detection, and underwriting, leading to faster and more accurate decisions, reduced costs, and improved customer satisfaction.

Shift's AI technology is able to analyze large volumes of data in real time to identify patterns and anomalies, empowering insurers to make better decisions across the insurance lifecycle.


18. Standard AI


Founders: JordanFisher

Total Funding Amount: $236.3M

Key Investors: CRV, EQT Ventures, Initialized Capital.

Founded Year: 2017

Company HQ: USA


Standard AI has revolutionized the retail industry with its checkout-free solution that works in any existing store. Its Vision OS^ platform uses AI-powered cameras and cloud computing to identify and track customers and their purchases, allowing them to shop and leave without having to wait in line or check out at a traditional register.


19. SiSense


Founders: Adi Azaria, Aviad Harell, Elad Israeli, Guy Boyangu

Total Funding Amount: $274.7M

Key Investors: Bessemer Venture Partners, Insight Partners, Battery Ventures

Founded Year: 2004

Company HQ: USA


Sisense is a business analytics software company that provides agile analytics at scale, empowering businesses to explore, analyze, and visualize data regardless of size or complexity. Sisense's platform is known for its ability to handle large datasets and its ease of use, making it a popular choice for businesses of all sizes.


20. DeepL


Founders: Jaroslaw Kutylowski

Total Funding Amount: $100M

Key Investors: Benchmark, IVP, B2venture

Founded Year: 2009

Company HQ: Germany


DeepL, a German deep-learning company, is revolutionizing machine translation with its AI-powered technology. DeepL's neural network is trained on a massive dataset of text and code, enabling it to generate translations that are more accurate, fluent, and natural-sounding than traditional machine translation systems.


21. Synthesia


Founders: Lourdes Agapito, Matthias Niessner, Steffen Tjerrild, Victor Riparbelli

Total Funding Amount: $156.6M

Key Investors: Accel, Kleiner Perkins, FirstMark, LDV Capital

Founded Year: 2017

Company HQ: UK


Synthesia is an AI-powered video synthesis platform that revolutionizes the way businesses create videos. With Synthesia, businesses can generate personalized videos from plain text, without any video editing experience or expensive equipment.

Synthesia uses artificial intelligence to create realistic videos of people speaking, even if the videos are generated from scratch. This makes Synthesia a powerful tool for businesses to create videos for a variety of purposes, such as marketing, sales, training, and explainer videos.


22. Vise


Founders: Runik Mehrotra, Samir Vasavada

Total Funding Amount: $128M

Key Investors: Sequoia Capital, Founders Fund, Ribbit Capital

Founded Year: 2016

Company HQ: USA


Vise is an AI-driven investment management platform that revolutionizes the way financial advisors manage their clients' portfolios. With Vise, financial advisors can build, manage, and explain personalized portfolios at scale, with unprecedented efficiency and accuracy.

Vise's AI-powered portfolio construction engine takes into account a variety of factors, including the client's risk tolerance, investment goals, and time horizon, to generate a customized portfolio that is aligned with the client's unique needs. Vise also automatically monitors and rebalances client portfolios to ensure that they stay on track to meet the client's investment goals.

23. Pindrop Security

Founders: Dr. Mustaque Ahamad, Paul Judge, Vijay Balasubramaniyan, PhD

Total Funding Amount: $218.3M

Key Investors: National Science Foundation, Andreessen Horowitz, IVP

Founded Year: 2011

Company HQ: USA


Pindrop is a leading provider of AI-based IVR authentication and anti-fraud solutions that help call centers improve efficiency and stop fraudulent transactions. Pindrop's IVR authentication solution uses AI to analyze the caller's voice, device, and behavior to verify their identity. This helps to reduce the number of fraudulent calls that are received by call centers and improves the customer experience by making it easier for customers to authenticate themselves.


24. Labelbox


Founders: Brian Rieger, Daniel Rasmuson, Manu Sharma

Total Funding Amount: $188.9M

Key Investors: Andreessen Horowitz, Kleiner Perkins, SoftBank Vision Fund

Founded Year: 2018

Company HQ: USA


Labelbox is a collaborative data training platform that revolutionizes the way teams create and manage labeled data for machine learning applications. With Labelbox, teams can label data more efficiently and accurately, with improved quality and scalability.

Labelbox's user-friendly annotation interface supports a wide range of data types, including images, videos, text, and audio. Collaboration features allow multiple users to work on the same dataset simultaneously, while quality control tools help to ensure that labeled data is accurate and consistent. Labelbox also integrates with popular machine learning frameworks and platforms, making it easy to use the labeled data to train machine learning models.


25. Tempo


Founders: Joshua Augustin, Moawia Eldeeb

Total Funding Amount: $298.8M

Key Investors: General Catalyst, Khosla Ventures, Norwest Venture Partners, SoftBank Vision Fund

Founded Year: 2015

Company HQ: USA


Tempo is a home fitness platform that revolutionizes the way people work out at home. It combines equipment, training guidance, and social motivation with 3D sensors and artificial intelligence to create a personalized and effective workout experience.


Tempo's AI-powered training guidance analyzes your movements and provides personalized feedback and guidance, helping you get the most out of your workouts and avoid injuries. Its 3D sensors track your movements in real time and provide feedback on your form and technique, helping you improve your performance and reduce your risk of injury. Tempo's community features allow you to connect with other Tempo users and share your progress, helping you stay motivated and accountable.


26. Deep Genomics


Founders: Andrew Delong, Brendan Frey, Hannes Bretschneider, Hui Yuan Xiong

Total Funding Amount: $236.7M

Key Investors: Khosla Ventures, True Ventures, SoftBank Vision Fund, Future Ventures

Founded Year: 2014

Company HQ: Canada


Deep Genomics is a biotech company that is using artificial intelligence (AI) to accelerate the development of life-saving genetic therapies. The company's AI-powered platform can identify and validate new drug targets, design and develop therapeutic candidates, and predict their safety and efficacy. This allows Deep Genomics to bring new therapies to patients more quickly.

Deep Genomics is developing a pipeline of genetic therapies for a variety of diseases, including rare genetic disorders, cancer, and infectious diseases. The company's lead program is a gene therapy for Duchenne muscular dystrophy, a rare genetic disorder that causes progressive muscle weakness and death. Deep Genomics is also developing gene therapies for cancer, such as acute myeloid leukemia and lymphoma.


27. SoundHound


Founders: James Hom, Keyvan Mohajer, Majid Emami

Total Funding Amount: $451M

Key Investors: Tencent, Walden Venture Capital, Atlas Credit Partners

Founded Year: 2005

Company HQ: USA


SoundHound is a voice AI platform that empowers businesses to provide conversational experiences to their customers. It offers a suite of tools and resources to develop and deploy voice-enabled products and services, including speech recognition, natural language understanding, and conversational AI.


SoundHound’s platform is used by a variety of businesses to create a wide range of voice-enabled products and services, such as voice assistants, voice-powered customer service applications, and voice-enabled apps and services.


28. Neuralink


Founders: Elon Musk, Max Hodak

Total Funding Amount: $643M

Key Investors: Founders Fund, Vy Capital, Elon Musk

Founded Year: 2016

Company HQ: USA


Neuralink is developing a brain-machine interface (BMI) that could provide solutions for people with paralysis. The BMI is a small device that is implanted in the brain and allows people to control computers and other devices with their thoughts.


Neuralink's BMI is still under development, but it has the potential to revolutionize the lives of people with paralysis. It could allow them to regain some of their independence and mobility, communicate with others more easily, and improve their quality of life.


29. Jasper


Founders: Chris Hull, Dave Rogenmoser, John Philip Morgan

Total Funding Amount: $131M

Key Investors: Insight Partners, Foundation Capital

Founded Year: 2015

Company HQ: Canada


Jasper is an AI-powered writing tool that helps businesses create content more efficiently and effectively. It can generate a variety of content, including blog posts, website copy, social media posts, emails, marketing materials, ad copy, product descriptions, and more.


Jasper is easy to use. Businesses simply need to provide Jasper with a topic or keyword, and Jasper will generate content based on their input. Jasper can also be used to improve existing content.


30. AEye


Founders: Barry Behnken, Jordan Greene, Luis Dussan, Ransom Wuller

Total Funding Amount: $314.1M

Key Investors: Taiwania Capital, BootstrapLabs

Founded Year: 2013

Company HQ: USA


AEye is a leader in adaptive, high-performance lidar systems for automotive, trucking, smart infrastructure, and logistics applications. AEye's lidar systems are designed to provide vehicles and other objects with a 360-degree view of their surroundings, regardless of weather conditions or low-light conditions.


31. Domino Data Lab


Founders: Chris Yang, Matthew Granade, Nick Elprin

Total Funding Amount: $223.6M

Key Investors: Sequoia Capital, Highland Capital Partners, Coatue

Founded Year: 2013

Company HQ: USA


Domino Data Lab provides a unified platform that utilizes data science and AI for collaboration, model deployment, and centralizing infrastructure. It enables data scientists and other stakeholders to work together on data science and AI projects, deploy models to production, and manage infrastructure more efficiently and effectively.


32. Jerry


Founders: Art Agrawal, Lina Zhang, Musawir Shah

Total Funding Amount: $261M

Key Investors: Goodwater Capital, TriplePoint Capital, Bow Capital, Park West Asset Management

Founded Year: 2017

Company HQ: USA


Jerry is a software app that helps car owners manage their insurance, financing, repairs, maintenance, and safety all in one place. It is a convenient and affordable way to save time and money on car ownership.


33. Osaro


Founders: Derik Pridmore, Michael Kahane

Total Funding Amount: $96.3M

Key Investors: King River Capital, Octave Ventures LLC, Darco Capital

Founded Year: 2015

Company HQ: USA


Osaro is an AI company developing products based on proprietary deep reinforcement learning technology to help businesses automate their operations and improve their efficiency. Their flagship product is piece-picking robots that can autonomously pick and place items from shelves and bins, making them ideal for use in warehouses and other fulfillment centers.


Osaro's robots are powered by its proprietary deep reinforcement learning technology, which allows them to learn and adapt to their environment without the need for human intervention. This makes them highly efficient and flexible, and able to handle a wide range of tasks.


Most Asked Questions


1. What is the significance of AI startups in 2024?


AI startups are poised to play a critical role in the global economy in 2024 and beyond. These agile, innovative companies are at the forefront of developing and commercializing new AI technologies that will transform industries and improve lives.


One of the most significant contributions of AI startups is their ability to address complex societal challenges. For example, AI startups are developing new solutions to improve climate change mitigation, healthcare delivery, and food security. AI startups are also helping to automate and streamline tasks in a wide range of industries, from manufacturing and retail to healthcare and finance. This is leading to increased productivity, efficiency, and cost savings.


Another key contribution of AI startups is their role in democratizing AI. By developing and offering cloud-based AI services, AI startups are making it possible for businesses of all sizes to leverage AI capabilities without having to invest in expensive hardware and software infrastructure. This is accelerating the adoption of AI across the economy and creating new opportunities for businesses and workers alike.


Overall, the significance of AI startups in 2024 is immense. These companies are driving innovation, making AI more accessible, and creating new products and services that are changing the world.


2. What role does OpenAI play in AI research?


OpenAI, a non-profit research laboratory, is playing a pivotal role in the field of AI research, with a focus on developing safe and beneficial artificial general intelligence (AGI). AGI is a hypothetical type of AI that would be as intelligent as a human being or more so.

One of OpenAI's most recent advances in AI research is GPT-4, a large language model that is even more powerful and versatile than its predecessors GPT-3 and Codex. OpenAI's research on GPT-4 is significant because it is one of the first AI models to demonstrate human-level performance on a variety of tasks. This suggests that AGI may be closer to reality than we previously thought.


3. How can businesses benefit from AI-powered solutions offered by these startups?


AI-powered solutions from startups are transforming businesses of all sizes, delivering increased efficiency, productivity, and decision-making, while reducing costs and improving customer experience. From personalized product recommendations to fraud detection, AI is revolutionizing industries and enabling businesses to thrive.

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