All the funding deals in the generative AI market
Last updated: 12 May 2026
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The generative AI market has attracted very large funding rounds because companies are racing to build models, tools, and applications that create text, code, images, audio, and video.
We conducted deep research and collected 114 funding deals in the generative AI market from 2024 to 2026.
We refresh this page very often so readers can track new generative AI market funding deals as the market changes.
And if you want to better understand this new industry, you should get our beautiful slides covering the generative AI market.
This chart, featured in our generative AI market deck, shows annual VC investment in generative AI startups
Summary table of the funding deals for the generative AI market since 2024
We define the generative AI market as revenue from products and services whose primary purpose is to create or transform content (text, code, images, audio, video) using generative models.
We include foundation-model APIs and licensing, GenAI platforms and tooling (build, evaluate, govern, and operate GenAI), and GenAI-first applications and related implementation services.
We exclude non-generative AI, general-purpose cloud/IT spend not attributable to GenAI workloads, and hardware/semiconductors unless you are explicitly sizing the full GenAI value chain.
We focused exclusively on pure players, defined as companies with at least 70–80% of their business directly tied to the generative AI market.
Our analysis has been done at a global level with a minimum funding threshold of $300k.
You can also read our detailed analysis to understand how funding activity in the generative AI market has evolved recently.
If you want a longer-term view, we also have a study of how funding activity in the generative AI market has changed over the years.
Also, you should know that we have a dedicated page, updated weekly, with all the latest fundraising deals in the generative AI market.
| Name | What they do | Amount in $ | Quarter | Source(s) |
|---|---|---|---|---|
| Ctruh | Builds AI tools for 3D and XR content. | $2.5M | Q2 2026 | Outlook Business |
| Netomi | Builds agentic AI tools for customer service. | $110M | Q2 2026 | VentureBeat |
| Hightouch | Builds agentic AI tools for marketing teams. | $150M | Q2 2026 | TMCNet |
| Ineffable Intelligence | Builds self-learning foundation AI models. | $1,100M | Q2 2026 | The Times |
| Series | Builds an AI social network for iMessage. | $5.1M | Q2 2026 | TechCrunch |
| NeoCognition | Builds self-learning AI agents. | $40M | Q2 2026 | TechCrunch |
| InsightFinder | Finds and explains AI agent failures. | $15M | Q2 2026 | TechCrunch |
| Factory | Builds AI coding agents for enterprise engineers. | $150M | Q2 2026 | TechCrunch |
| OpenAI | Builds ChatGPT, frontier models, and AI APIs. | $122,000M | Q1 2026 | Bloomberg |
| Qodo | Builds AI agents for code review and testing. | $70M | Q1 2026 | TechCrunch |
| Sycamore | Builds enterprise AI agent orchestration tools. | $65M | Q1 2026 | TechCrunch |
| Gumloop | Builds no-code AI agent tools for employees. | $50M | Q1 2026 | TechCrunch |
| Wonderful | Builds AI agents for customer operations. | $150M | Q1 2026 | TechCrunch |
| AgentMail | Provides email infrastructure for AI agents. | $6M | Q1 2026 | TechCrunch |
| AMI Labs | Builds world-model AI systems. | $1,030M | Q1 2026 | TechCrunch |
| Trace | Helps enterprises adopt AI agents. | $3M | Q1 2026 | TechCrunch |
| Nimble | Gives AI agents clean real-time web data. | $47M | Q1 2026 | TechCrunch |
| Reload | Builds shared memory tools for AI agents. | $2.275M | Q1 2026 | TechCrunch |
| Kana | Builds flexible AI agents for marketers. | $15M | Q1 2026 | TechCrunch |
| Anthropic | Builds Claude frontier models and AI APIs. | $30,000M | Q1 2026 | Crunchbase News |
| Meridian.AI | Builds agentic spreadsheets for financial modeling. | $17M | Q1 2026 | TechCrunch |
| Runway | Builds AI video generation and world models. | $315M | Q1 2026 | Runway News |
| Sapiom | Builds payment tools for AI agents. | $15M | Q1 2026 | TechCrunch |
| Fundamental | Builds AI research systems. | $255M | Q1 2026 | TechCrunch |
| Goodfire | Builds interpretability tools for AI model design. | $150M | Q1 2026 | Goodfire Blog |
| ElevenLabs | Builds AI voice and audio generation tools. | $500M | Q1 2026 | ElevenLabs Blog |
| Flapping Airplanes | Operates an AI research lab. | $180M | Q1 2026 | TechCrunch |
| Decagon | Builds conversational AI for customer service. | $250M | Q1 2026 | TechCrunch |
| Phia | Builds an AI shopping agent. | $35M | Q1 2026 | TechCrunch |
| Flora | Builds node-based AI design and media tools. | $42M | Q1 2026 | TechCrunch |
| Synthesia | Builds AI video and avatar generation tools. | $200M | Q1 2026 | TechCrunch |
| Baseten | Deploys and runs AI models for companies. | $300M | Q1 2026 | TechCrunch |
| Inferact | Builds AI inference infrastructure. | $150M | Q1 2026 | TechCrunch |
| OpenEvidence | Builds a medical AI chatbot for doctors. | $250M | Q1 2026 | TechCrunch |
| humans& | Builds human-centered AI systems. | $480M | Q1 2026 | TechCrunch |
| Deepgram | Builds voice AI tools for speech and audio. | $130M | Q1 2026 | TechCrunch |
| LMArena | Benchmarks and evaluates AI models. | $150M | Q1 2026 | Arena Blog |
| xAI | Builds Grok and frontier AI models. | $20,000M | Q1 2026 | TechCrunch |
| Runware | Provides APIs for image and video generation. | $50M | Q4 2025 | TechCrunch |
| Genspark | Builds an AI workspace for automating work. | $275M | Q4 2025 | Business Wire |
| Anysphere / Cursor | Builds AI coding tools and software-generation workflows. | $2.3B | Q4 2025 | Cursor |
| Hippocratic AI | Builds safety-focused generative AI healthcare agents. | $126M | Q4 2025 | Hippocratic AI |
| ProRata.ai | Builds AI answer tools and publisher monetization infrastructure. | $40M | Q3 2025 | Axios |
| Perplexity | Builds an AI answer and search engine. | $200M | Q3 2025 | TechCrunch |
| Replit | Builds an agentic software-creation platform. | $250M | Q3 2025 | replit |
| Mistral AI | Builds European frontier AI models. | $2B | Q3 2025 | Mistral AI |
| Cognition AI | Builds Devin, an AI coding agent. | $400M | Q3 2025 | Cognition |
| Baseten | Runs AI inference for production applications. | $150M | Q3 2025 | Business Wire |
| Sierra | Builds enterprise AI agents for customer service. | $350M | Q3 2025 | Sierra |
| Anthropic | Builds Claude models and enterprise AI tools. | $13B | Q3 2025 | Anthropic |
| Profound | Helps brands monitor AI-generated answers. | $35M | Q3 2025 | PR Newswire |
| Blue J | Builds generative AI tools for tax research. | $122M | Q3 2025 | Blue J |
| fal | Provides infrastructure for real-time generative media. | $125M | Q3 2025 | Business Wire |
| Ambience Healthcare | Builds ambient AI tools for healthcare documentation. | $243M | Q3 2025 | Ambience Healthcare |
| Reka AI | Builds multimodal AI models for enterprises. | $110M | Q3 2025 | Reka |
| Perplexity | Builds an AI answer and search engine. | $100M | Q3 2025 | The Economic Times |
| Lovable | Builds AI tools for app creation. | $200M | Q3 2025 | Lovable |
| OpenEvidence | Builds medical AI search for doctors. | $210M | Q3 2025 | OpenEvidence |
| Thinking Machines Lab | Builds frontier multimodal AI systems. | $2B | Q3 2025 | TechCrunch |
| xAI | Builds Grok foundation models and AI products. | $5B | Q2 2025 | TechCrunch |
| Harvey | Builds generative AI tools for legal work. | $300M | Q2 2025 | Harvey |
| Glean | Builds enterprise AI search and workplace agents. | $150M | Q2 2025 | Glean |
| Anysphere / Cursor | Builds AI coding assistant and code-generation tools. | $900M | Q2 2025 | Cursor |
| Snorkel AI | Builds data tools for AI evaluation and tuning. | $100M | Q2 2025 | Business Wire |
| LMArena | Benchmarks AI models for reliability. | $100M | Q2 2025 | PR Newswire |
| Safe Superintelligence | Builds frontier AI systems focused on safety. | $2B | Q2 2025 | Crunchbase News |
| OpenAI | Builds ChatGPT and frontier AI APIs. | $40B | Q1 2025 | OpenAI |
| Anthropic | Builds Claude models and enterprise AI tools. | $3.5B | Q1 2025 | Anthropic |
| Lovable | Builds prompt-based app-building tools. | $15M | Q1 2025 | Lovable |
| OpenEvidence | Builds medical AI search for physicians. | $75M | Q1 2025 | Tech Startups |
| Baseten | Builds AI inference infrastructure. | $75M | Q1 2025 | Business Wire |
| Abridge | Builds generative AI tools for clinical documentation. | $250M | Q1 2025 | Abridge |
| Harvey | Builds generative AI tools for legal workflows. | $300M | Q1 2025 | Harvey |
| ElevenLabs | Builds AI speech, voice, and dubbing tools. | $180M | Q1 2025 | ElevenLabs |
| Synthesia | Builds AI video tools for enterprise communication. | $180M | Q1 2025 | Synthesia |
| Hippocratic AI | Builds safety-focused generative AI healthcare agents. | $141M | Q1 2025 | Business Wire |
| Rogo | Builds generative AI analyst tools for finance teams. | $18.5M | Q4 2024 | PR Newswire |
| poolside | Builds AI models for software development. | $500M | Q4 2024 | PRWeb |
| OpenAI | Builds GPT, ChatGPT, and AI APIs. | $6,600M | Q4 2024 | Crunchbase News |
| Sierra | Builds conversational AI agents for customer experience. | $175M | Q4 2024 | Axios |
| Writer | Builds enterprise generative AI tools. | $200M | Q4 2024 | WRITER |
| Converge Bio | Builds generative AI tools for drug discovery. | $5.5M | Q4 2024 | PR Newswire |
| Perplexity | Builds an AI answer and search engine. | $500M | Q4 2024 | Financial Times |
| Liquid AI | Builds foundation models and liquid neural networks. | $250M | Q4 2024 | TechCrunch |
| xAI | Builds Grok and frontier AI models. | $6,000M | Q4 2024 | xAI |
| Decagon | Builds generative AI customer support agents. | $35M | Q3 2024 | decagon.ai |
| Captions | Builds generative AI video creation tools. | $60M | Q3 2024 | Captions |
| Hebbia | Builds AI document analysis and knowledge agents. | $130M | Q3 2024 | Hebbia Inc. |
| Cohere | Builds enterprise large language models. | $500M | Q3 2024 | TechCrunch |
| Harvey | Builds generative AI tools for legal work. | $100M | Q3 2024 | Harvey |
| Anysphere / Cursor | Builds an AI coding assistant and editor. | $60M | Q3 2024 | Cursor |
| Viggle AI | Builds generative AI character animation tools. | $19M | Q3 2024 | Business Wire |
| Codeium | Builds generative AI coding tools. | $150M | Q3 2024 | Business Wire |
| Magic | Builds generative AI coding models. | $320M | Q3 2024 | TechCrunch |
| Glean | Builds enterprise AI search and work assistants. | $260M | Q3 2024 | Glean |
| Letta | Builds AI agents with memory. | $10M | Q3 2024 | PR Newswire |
| Series Entertainment | Builds generative AI tools for game development. | $28M | Q3 2024 | TechCrunch |
| Perplexity | Builds an AI answer and search engine. | $62.7M | Q2 2024 | Latham & Watkins |
| Udio | Builds text-to-music generation tools. | $10M | Q2 2024 | Music Business Worldwide |
| Cognition AI | Builds Devin, an AI software engineering agent. | $175M | Q2 2024 | Maginative |
| Dropzone AI | Builds generative AI security analyst tools. | $16.85M | Q2 2024 | Business Wire |
| Suno | Builds AI music generation tools. | $125M | Q2 2024 | Suno |
| Perplexity | Builds an AI answer and search engine. | $250M | Q2 2024 | Bloomberg |
| HeyGen | Builds AI avatar and video generation tools. | $60M | Q2 2024 | HeyGen |
| Mistral AI | Builds frontier and open-weight AI models. | $640M | Q2 2024 | TechCrunch |
| Together AI | Runs a platform for generative AI models. | $106M | Q1 2024 | Public reporting |
| ElevenLabs | Builds AI voice and synthetic speech tools. | $80M | Q1 2024 | ElevenLabs |
| Ambience Healthcare | Builds generative AI tools for healthcare workflows. | $70M | Q1 2024 | Ambience Healthcare |
| Sierra | Builds conversational AI agents for enterprises. | $110M | Q1 2024 | Venturebeat |
| Fireworks AI | Builds AI inference and model-serving tools. | $52M | Q1 2024 | Public reporting |
| Abridge | Builds generative AI tools for clinical documentation. | $150M | Q1 2024 | abridge.com |
| Glean | Builds enterprise AI search and work assistants. | $200M | Q1 2024 | Glean |
| Hippocratic AI | Builds safety-focused healthcare AI agents. | $53M | Q1 2024 | uhs.com |
| Anthropic | Builds Claude foundation models and AI APIs. | $2,750M | Q1 2024 | CRN |
This market map, featured in our generative AI market deck, highlights top companies and startups in the generative AI market
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