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Right Off The Batch: 50% Of YC W24 Is Built With AI. Who Got Funded?

Jun 18, 2024 - news.crunchbase.com
The article discusses the funding trajectories of Y Combinator's seed and pre-seed companies, focusing on the AI-centric winter 2024 batch. The companies, grouped by industry, have attracted funding from active seed investors like Pioneer Fund and SV Angel 1, and venture capital firms like Benchmark, Khosla Ventures, and General Catalyst. Half of this batch is building with AI, and San Francisco is experiencing a resurgence due to AI. The median raise post-demo day is around $1.3 million, and Andreessen Horowitz, Khosla Ventures, and Sequoia Capital are the most active multistage investors in YC companies.

The article also highlights several companies from the winter 2024 cohort that have secured funding, including Leya, Greptile, YonedaLabs, Pythagora, Basalt Tech, Malibou, Hona AI, Apriora, and Manifold Freight. These companies are bringing AI-enabled tools to various sectors, including legal tech, code development, medical recordkeeping, and recruiting. The article concludes with links to related Crunchbase Pro lists and searches.

Key takeaways:

  • Y Combinator's winter 2024 batch was heavily focused on AI, with many startups bringing AI-enabled tools to sectors like legal tech, recruiting, code development, and medical recordkeeping.
  • Active seed investors in these startups include Pioneer Fund and SV Angel 1, as well as venture capital firms like Benchmark, Khosla Ventures, and General Catalyst.
  • Half of the recently launched batch is building with AI, and San Francisco is experiencing a resurgence due to AI, according to Y Combinator CEO Garry Tan.
  • Among the funded companies of the winter 2024 cohort are Stockholm-based Leya, San Francisco-based Greptile, YonedaLabs, Pythagora, Basalt Tech, Hona AI, Apriora, and Seattle-based Manifold Freight.
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