# Human Capital's AI Investments: 17 Startups in Its Portfolio (2026) > The 17 AI startups Human Capital has backed, by stage: $1.9B raised between them. From the rounds we track; updated nightly. Source: https://millionrounds.com/portfolio-maps/human-capital-2-ai-portfolio (Millionrounds; every figure on the page links to its filing or article) ## Series B 6 - [Cloaked](https://millionrounds.com/company/cloaked) - [Yendo](https://millionrounds.com/company/yendo) - [Monaco](https://millionrounds.com/company/monaco) - [Flow Engineering](https://millionrounds.com/company/flow-engineering) - [Lean Technologies](https://millionrounds.com/company/lean-technologies) - [Kargo](https://millionrounds.com/company/kargo) ## Series A 5 - [Natural](https://millionrounds.com/company/natural) - [Rune Technologies](https://millionrounds.com/company/rune-technologies) - [Cerebra](https://millionrounds.com/company/cerebra) - [Zip Security](https://millionrounds.com/company/zip-security) - [OccamzRazor](https://millionrounds.com/company/occamzrazor) ## Pre-seed and seed 4 - [Humans&](https://millionrounds.com/company/humans-and) - [*G* Ghost](https://millionrounds.com/company/ghost) - [Aim](https://millionrounds.com/company/aim) - [Wraithwatch](https://millionrounds.com/company/wraithwatch) ## Series C and later 2 - [Observe](https://millionrounds.com/company/observe) - [Athelas](https://millionrounds.com/company/athelas) ## Segment by segment ### Series B 6 startups · $926M raised - [**Cloaked**](https://millionrounds.com/company/cloaked) Cloaked is a consumer-first privacy company founded in 2020 by brothers Arjun and Abhijay Bhatnagar. United States $400M - [**Yendo**](https://millionrounds.com/company/yendo) Yendo issues credit cards secured by customer vehicle equity for lending. United States $250M - [**Monaco**](https://millionrounds.com/company/monaco) Monaco Enterprises, Inc. United States $75M - [**Flow Engineering**](https://millionrounds.com/company/flow-engineering) Flow Engineering is a software development company founded in 2016 and based in Los Angeles, California, with an additional office United Kingdom $73M - [**Lean Technologies**](https://millionrounds.com/company/lean-technologies) Lean Technologies is a FinTech startup that develops a platform to provide access to consumer financial data. Saudi Arabia $68M - [**Kargo**](https://millionrounds.com/company/kargo) Kargo is the leader in mobile brand advertising. United States $60M ### Series A 5 startups · $103M raised - [**Natural**](https://millionrounds.com/company/natural) Natural is an agentic payments platform founded in 2025 by Kahlil Lalji, Eric Wang, and Walt Leung. United States $40M - [**Rune Technologies**](https://millionrounds.com/company/rune-technologies) Rune Technologies is a defense technology company founded on July 4, 2024, in Arlington, Virginia. United States $28M - [**Cerebra**](https://millionrounds.com/company/cerebra) Cerebra is an AI-focused healthcare technology company founded by researchers and engineers from Stanford University and UC Berkeley. United States $15M - [**Zip Security**](https://millionrounds.com/company/zip-security) Zip Security is a cybersecurity platform designed to make enterprise-grade protection accessible for businesses without dedicated United States $14M - [**OccamzRazor**](https://millionrounds.com/company/occamzrazor) OccamzRazor is a digital biotech company based in New York City, dedicated to discovering and developing treatments for complex br United States $6.1M ### Pre-seed and seed 4 startups · $657M raised - [**Humans&**](https://millionrounds.com/company/humans-and) Humans& is a human-centric AI lab founded in late 2025 by a team of experts from Anthropic, xAI, Google, and Stanford. United States $480M - [*G* **Ghost**](https://millionrounds.com/company/ghost) United States $115M - [**Aim**](https://millionrounds.com/company/aim) AIM Intelligent Machines (AIM) is a pioneering startup focused on creating an embodied AI platform for earthmoving equipment. Czechia $54M - [**Wraithwatch**](https://millionrounds.com/company/wraithwatch) Wraithwatch is an AI-driven cyber defense company founded in 2023, headquartered in Bozeman, Montana. United States $8.0M ### Series C and later 2 startups · $215M raised - [**Observe**](https://millionrounds.com/company/observe) Observe offers an observability cloud solution to accelerate the transformation of troubleshooting applications and resolving incidents. United States $156M - [**Athelas**](https://millionrounds.com/company/athelas) At Athelas, we're bringing simple, life-changing health care products to people around the globe. United States $59M **How this map is made.** Every startup here works in AI and has raised money in a round we track that names Human Capital as an investor. Each sits under the stage of its latest round. Rebuilt nightly; updated 15 November 2026. ## More portfolio maps [All portfolios](https://millionrounds.com/portfolio-maps) [Co-investors **Who invests with Human Capital** 50 co-investors](https://millionrounds.com/portfolio-maps/human-capital-2-co-investors)[Portfolio map **Human Capital portfolio map** 38 startups · $3.3B](https://millionrounds.com/portfolio-maps/human-capital-2-portfolio-map)[Investments abroad **Human Capital's investments in the United States** 36 startups · $3.2B](https://millionrounds.com/portfolio-maps/human-capital-2-investments-united-states)[Sector portfolio **Y Combinator's AI portfolio** 1,143 startups · $44B](https://millionrounds.com/portfolio-maps/y-combinator-ai-portfolio)[Sector portfolio **Y Combinator's Fintech portfolio** 338 startups · $24B](https://millionrounds.com/portfolio-maps/y-combinator-fintech-portfolio)[Sector portfolio **Techstars' AI portfolio** 336 startups · $4.9B](https://millionrounds.com/portfolio-maps/techstars-ai-portfolio) ## Raising from investors like Human Capital? 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