Top A.I. startups to watch in 2024

Artificial Intelligence (A.I.) is booming thanks to recent developments like Chat GPT, yet the sector remains in its infancy. Over the next seven years alone, A.I. is expected to grow twentyfold. This means its current value of nearly 100 billion US dollars will sky rocket to a whopping two trillion US dollars! As A.I. continues to impact almost every industry, we’ve rounded up ten of the fastest-growing A.I. startups making a difference. From improving the health of the planet to making data-led decisions and driving creativity, A.I. creates huge opportunities for innovation.

The Top Three

Safi

Safi (formerly True Circle) is the first recyclables trading platform to give customers access to the best prices and instant expansion into global markets. Through Safi, sellers can prove their material quality and drive better prices while buyers know they're getting exactly what they expect.
1
.

Coho AI

Coho AI is a product-led revenue platform that enables companies to maximise the revenue potential of their user base. By putting data insights at the forefront of decision-making, Coho AI empowers teams to identify, predict and prioritise key sales opportunities, create automated customer interactions, and enjoy real-time visibility to their book of business.
2
.

VEED

VEED is an online video editing platform that makes creating professional-grade videos easy and accessible to everyone. Using the latest AI technology, VEED allows users to record, stream, and edit clips on one dashboard.
3
.
1
.

Safi

Safi (formerly True Circle) is the first recyclables trading platform to give customers access to the best prices and instant expansion into global markets. Through Safi, sellers can prove their material quality and drive better prices while buyers know they're getting exactly what they expect.
Why we’re excited:
Not only is Safi a great idea, it is great for the planet. By making recycled commodity trading hyper efficient the platform will help to eliminate the greenhouse gas associated with the unnecessary use of virgin materials. Recycling might not be the most glamorous of industries but we believe Safi’s ambition to improve the wellbeing of the planet is energy for change.
Founded by:
Founded date:
2021
Funding:
Seed US$ 5.5M
# Employees:
11-50
Location:
London, U.K
2
.

Coho AI

Coho AI is a product-led revenue platform that enables companies to maximise the revenue potential of their user base. By putting data insights at the forefront of decision-making, Coho AI empowers teams to identify, predict and prioritise key sales opportunities, create automated customer interactions, and enjoy real-time visibility to their book of business.
Why we’re excited:
Collecting and reviewing data can be difficult, not to mention time consuming. Coho AI makes it easier than ever to collect accurate data in real time so companies can boost conversion rates, drive sales and identify the most promising prospects. We believe Coho AI will revolutionise the way SaaS companies make decisions, helping to drive unparalleled growth and maximum revenue.
Founded by:
Founded date:
2021
Funding:
Seed US$ 8.5M
# Employees:
11-50
Location:
Tel Aviv, Israel

70% of startups use Freelancers to scale

3
.

VEED

VEED is an online video editing platform that makes creating professional-grade videos easy and accessible to everyone. Using the latest AI technology, VEED allows users to record, stream, and edit clips on one dashboard.
Why we’re excited:
VEED uses AI software to automatically detect and remove unwanted noise from audio, making it easier than ever to clean up recordings where you can’t control everything your microphone picks up. The best bit? VEED’s Auto Subtitle tool makes your videos accessible to a wider audience, creating a more inclusive and connected experience. Anything that helps creatives, we love!
Founded by:
Founded date:
2018
Funding:
Series A US$ 35M
# Employees:
51-200
Location:
London, England
4
.

Perplexity AI

Perplexity AI is an AI-chat-based conversational search engine that delivers answers to questions using language models. It is designed to provide more comprehensive and accurate answers than traditional search engines.
Why we’re excited:
Unlike similar platforms (we’re looking at you ChatGPT), Perplexity AI has the ability to display the source of the information it provides, making it easier (and faster) for users to validate the information shared. That means no made up or controversial facts. It also allows for users to gain a deeper understanding by generating follow-up queries regarding related topics. Phew!
Founded by:
Founded date:
2022
Funding:
Series A US$ 28.7M
# Employees:
1-10
Location:
San Francisco, California, U.S.A

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Learn how
5
.

Jasper

Jasper is the ultimate creative assistant. Using clever generative AI technology, Jasper learns to write in your brand’s unique tone-of-voice, creating on-brand content for every platform.
Why we’re excited:
Not only does Jasper put an end to writers block, it makes it easier than ever for creators and companies to create on-brand marketing content. AI will never be able to replace the incredible work our brand specialists do, but anything that makes them more efficient is a win for us. We love Jasper because this unicorn is at the forefront of teaching the world how to leverage AI as a creative partner.
Founded by:
Founded date:
2021
Funding:
Series A US$ 131M
# Employees:
1-10
Location:
Montreal, Quebec, Canada
6
.

Durable

Durable allows solo-business owners to generate a fully designed website in under a minute. From website hosting, custom domain names, search engine optimization, and analytics, Durable leaves no stone unturned.
Why we’re excited:
You don’t need to be tech savvy to nail your website. Durable gives you all the tools you need to start and grow your business online. Building a website can be pricey and time consuming, especially for startups and small businesses, but Durable combats against that. We’re confident this high-growth start-up will make it easier for small businesses to get ahead - and stay ahead.
Founded by:
Founded date:
2021
Funding:
Seed US$ 12.1M
# Employees:
1-10
Location:
San Francisco, California, U.S.A
7
.

CodiumAI

Codium is a tool that helps developers write tests faster. It utilises AI to analyse source code and generate meaningful tests that can catch bugs before deployment. It basically tests as you type!
Why we’re excited:
Nobody wants to hear that there is a problem with their code especially once it’s live. That’s why Codium presents such an exciting development. Developers can now move faster than ever with confidence and zero bugs. It's a win-win situation, if you ask us.
Founded by:
Founded date:
2022
Funding:
Seed US$ 11M
# Employees:
11-50
Location:
Tel Aviv, Israel
8
.

Character.ai

Character.ai is an AI-powered platform that enables users to create and animate 3D characters with ease. Character.ai allows users to customise their characters' appearance, movements, and behaviour, and generate realistic animations in real-time.
Why we’re excited:
Charecter.ai is driving creativity and innovation within AI better than any other app. We love its ability to incorporate different emotions to create unique personalities that leave you feeling like you’re talking to a real person. We can’t wait to watch as this conversational AI evolves to shake up everything from video game development, film production to e-commerce.
Founded by:
Founded date:
2021
Funding:
Series A US$ 10M
# Employees:
11-50
Location:
Menlo Park, California
9
.

TL;DV

Tl;dv (Too Long;Didn’t View) records, transcribes and summarises meetings in real-time, making it easier for employees to stay up to date on everything they miss. The best bit? Employees can catch up in minutes, maximising team efficiency and collaboration. Goodbye meeting fatigue!
Why we’re excited:
Tl;dv empowers teams to schedule work around their life (instead of the other way around!), which we love at Passionfruit. Promoting healthy work life balance and flexibility is something all companies should strive for. Tl;dv also features clipping tools which let users turn killer meeting soundbites into video snippets which can be used for everything from internal training to external marketing. What better way to sell your service?
Founded by:
Founded date:
2020
Funding:
Seed €4.3 million
# Employees:
11-50
Location:
Aachen, Germany
10
.

Atomic AI

Atomic AI is an early-stage biotech company transforming the rational design of molecules and medicines through the cutting-edge fusion of artificial intelligence and structural biology. Atomic AI provides new strategies to treat or cure previously-undruggable diseases by targeting RNA structure.
Why we’re excited:
Did you know it can take over ten years to discover and develop a drug? Atomic AI can help to expedite this process, meaning scientists have the ability to develop life-changing drugs in a fraction of the time. We believe Atomic AI is set to revolutionise healthcare at a pace and scale we’ve never seen before.
Founded by:
Founded date:
2021
Funding:
Series A US$ 42M
# Employees:
1-10
Location:
San Francisco, California, U.S.A
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