Solve Intelligence founders, Angus Parsonson, Sanj Ahilan, and Chris Parsonson.
Solve Intelligence.
Four AI startups secured funding from major investors in April, totalling nearly $36 million.
Investors like 20VC, Insight Partners, and Y Combinator backed these upstarts.
The AI startups span sectors from legal tech to security, sharing pitch decks with Business Insider.
Four AI startups, Qevlar, HoneyHive, Solve Intelligence, and Delos, raised $35.9 million in funding in April.
The quartet won over investors including 20VC, EQT Ventures, Insight Partners, and Y Combinator. The fundraises demonstrate the intense investor appetite for startups working on agentic AI.
All four startups, working in sectors ranging from legal tech to agentic AI, shared their pitch decks with Business Insider — check them out below.
Qevlar raises $14 million for its autonomous security agent platformAhmed Achchak and Hamza Sayah, Qevlar's cofounders.
Qevlar.
Paris-based startup Qevlar secured $14 million from EQT, Forgepoint, and strategic investors, including Datadog CEO Olivier Pomel.
Founded in 2023, the startup has created a set of AI agents that can help organizations "autonomously investigate" security incidents, Qevlar's cofounder and CEO, Ahmed Achchak, told BI.
The startup's platform allows its clients to forecast the number of security alerts they may get. Based on this, they get a Qevlar server that accommodates them for a certain number of alerts.
The company works with large Fortune 500 organizations across Europe, as well as security providers.
With the fresh funding, Qevlar is aiming to double its team in the next three months.
Check out the pitch deck it used to secure the fresh funding.
Qevlar
Qevlar
Qevlar
Qevlar
Qevlar
Qevlar
Qevlar
Qevlar
Qevlar
Qevlar
HoneyHive raises $7.4 million for its AI observability platformHoneyHive founders Mohak Sharma (CEO) and Dhruv Singh (CTO).
HoneyHive founders
New York startup HoneyHive secured $7.4 million in a round led by Insight Partners.
The startup has created a platform for companies to evaluate and test their AI agents throughout their life cycle.
Agentic AI is a burgeoning sector, but a common problem companies encounter when deploying AI agents is that they sometimes break in unexpected ways.
"Without proper tools to understand what was happening or how to systematically improve their systems, they'd get stuck in an endless cycle of ad-hoc fixes and in many cases, roll back the solution completely," HoneyHive says on its website.
With the fresh funding, HoneyHive intends to double down on its product development and grow its headcount.
Check out the pitch deck used to secure the fresh funding.
HoneyHive
HoneyHive
HoneyHive
HoneyHive
HoneyHive
HoneyHive
HoneyHive
HoneyHive
HoneyHive
HoneyHive
HoneyHive
HoneyHive
HoneyHive
Solve Intelligence raises $12 million for its AI-powered legal tech platformSolve Intelligence founders, Angus Parsonson, Sanj Ahilan, and Chris Parsonson.
Solve Intelligence founders
London-headquartered startup Solve Intelligence secured $12 million from 20VC, with participation from Microsoft's venture fund and Y Combinator, among others.
The startup, which span out of Y Combinator, has developed a platform to help simplify the intellectual property patenting process.
Its AI-powered tool helps IP lawyers and inventors with the entire patenting life cycle, from drafting patent applications to claim charting and litigation.
Some of its clients include legal heavyweights such as DLA Piper and Finnegan.
The startup says its revenue has grown 25% month on month in the last 18 months, and is now profitable.
With the cash injection, Solve Intelligence plans to increase its headcount, open an office in New York, and double down on research and development.
Check out the pitch deck used to raise the fresh funds.
Solve Intelligence
Solve Intelligence
Solve Intelligence
Solve Intelligence
Solve Intelligence
Solve Intelligence
Solve Intelligence
Solve Intelligence
Solve Intelligence
Solve Intelligence
AI business productivity startup Delos has raised $2.5 million from 20VCDelos cofounders, Pierre de la Grand'rive and Thibaut de la Grand'rive.
Delos.
French startup Delos landed $2.5 million in a round led by 20VC, with participation from Kima Ventures and Inovia.
The Paris-based startup, launched in 2023, has built a generative AI platform to simplify day-to-day office tasks such as summarizing meetings, editing and analyzing documents, translating documents, and collaborating across various digital workspaces.
Organizations have to create an account to use Delos' platform, and similar to productivity platform Asana, they can invite collaborators to use the tool.
Each company's usage of the platform is measured in credits, and they are charged for it accordingly.
With the funding, Delos plans to focus on product development and growing its engineering and sales team across Europe.
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