Five stealth startups that are applying AI technologies to different industries.
Since the start of 2016, CB Insights has tracked over 200 deals totaling $375M into stealth tech startups. Below we highlight five of the most recent stealth startups that raised investment and are applying AI technologies to different industries and use cases.
- Aftercode raises $2.1M seed: Minneapolis-based Aftercode is led by former Code42 Software co-founders Mitch Coopet and Brian Bispala and claims to be “enhancing work life with AI.”
- Suplari raises $3.1M seed: Seattle-based enterprise tech startup Suplari is applying “machine learning to supplier contracts, invoices, POS, credit card purchases, and application performance data.” Backers include Madrona Venture Group and Amplify Partners.
- Mapper.ai raises $2.5M seed: Washington DC-based mapping infrastructure startup Mapper.ai is co-founded by two former computer vision engineers at spatial perception startup Flyby Media, acquired by Apple in January 2016.
- Next-gen chip makers? In Q4’16, two stealth hardware startups raised $35M in funding. Groq, a startup led by former Tensor Processing Unit (TPU) co-founder Jonathan Ross and former Google X engineer Douglas Wightman, raised $10M from Social Capital, while Cerebras Systems has raised $25M from Benchmark and is led by former co-founders of SeaMicro, acquired by AMD in 2012.