# Index Ventures' AI Investments: 126 Startups in Its Portfolio (2026) > The 126 AI startups Index Ventures has backed, by stage: $49B raised between them. From the rounds we track; updated nightly. Source: https://millionrounds.com/portfolio-maps/index-ventures-ai-portfolio (Millionrounds; every figure on the page links to its filing or article) ## Series C and later 31 - [Scale AI](https://millionrounds.com/company/scale-ai) - [Mistral AI](https://millionrounds.com/company/mistral-ai) - [Cohere](https://millionrounds.com/company/cohere) - [Fireworks AI](https://millionrounds.com/company/fireworks-ai) - [Instinct](https://millionrounds.com/company/instinct) - [Temporal](https://millionrounds.com/company/temporal) - [Chai Discovery](https://millionrounds.com/company/chai-discovery) - [Algolia](https://millionrounds.com/company/algolia) - [Decagon](https://millionrounds.com/company/decagon) - [Intercom](https://millionrounds.com/company/intercom) - [Garner Health](https://millionrounds.com/company/garner-health) - [Kong](https://millionrounds.com/company/kong) - [Harmonic](https://millionrounds.com/company/harmonic) - [Savvy Wealth](https://millionrounds.com/company/savvy-wealth) - [Fonoa](https://millionrounds.com/company/fonoa) - [Granola](https://millionrounds.com/company/granola) - [Anki](https://millionrounds.com/company/anki) - [Codat](https://millionrounds.com/company/codat) - [Rec Room](https://millionrounds.com/company/rec-room) - [Productboard](https://millionrounds.com/company/productboard) - [Loop](https://millionrounds.com/company/loop) - [Instabase](https://millionrounds.com/company/instabase) - [Netomi](https://millionrounds.com/company/netomi) - [Pepper](https://millionrounds.com/company/pepper) +7 more ## Pre-seed and seed 29 - [Ineffable Intelligence](https://millionrounds.com/company/ineffable-intelligence) - [Paid](https://millionrounds.com/company/paid) - [Persona](https://millionrounds.com/company/persona) - [Enigma](https://millionrounds.com/company/enigma) - [*E* Eden](https://millionrounds.com/company/eden) - [Astelia](https://millionrounds.com/company/astelia) - [*F* Flora](https://millionrounds.com/company/flora) - [*D* /dev/agents](https://millionrounds.com/company/dev-agents) - [Inherent](https://millionrounds.com/company/inherent) - [Mirelo](https://millionrounds.com/company/mirelo) - [*AA* Agrawal's AI initiative](https://millionrounds.com/company/agrawal-s-ai-initiative) - [*Q* Qutwo](https://millionrounds.com/company/qutwo) - [*A* Ando](https://millionrounds.com/company/ando) - [Cowboy](https://millionrounds.com/company/cowboy) - [Prodia](https://millionrounds.com/company/prodia) - [Uncovr](https://millionrounds.com/company/uncovr) - [*L* Layer](https://millionrounds.com/company/layer) - [Ferry Health](https://millionrounds.com/company/ferry-health) - [Garnet Labs](https://millionrounds.com/company/garnet-labs) - [Intelligence](https://millionrounds.com/company/intelligence) - [Natoma Labs](https://millionrounds.com/company/natoma-labs) - [*H* Hoop](https://millionrounds.com/company/hoop) - [Matrices](https://millionrounds.com/company/matrices) - [Class Companion](https://millionrounds.com/company/class-companion) +5 more ## Series A 27 - [Flapping Airplanes](https://millionrounds.com/company/flapping-airplanes) - [*G* Glow](https://millionrounds.com/company/glow) - [Tessl](https://millionrounds.com/company/tessl) - [7AI](https://millionrounds.com/company/7ai) - [Alta](https://millionrounds.com/company/alta) - [Ideogram](https://millionrounds.com/company/ideogram) - [Conduct](https://millionrounds.com/company/conduct) - [Cartesia](https://millionrounds.com/company/cartesia) - [Tacto](https://millionrounds.com/company/tacto) - [Nexos AI](https://millionrounds.com/company/nexos-ai) - [Outpost](https://millionrounds.com/company/outpost) - [Hedra](https://millionrounds.com/company/hedra) - [Beside](https://millionrounds.com/company/beside) - [Moises](https://millionrounds.com/company/moises) - [Feathery](https://millionrounds.com/company/feathery) - [Adfin](https://millionrounds.com/company/adfin) - [Thread AI](https://millionrounds.com/company/thread-ai) - [Wordsmith AI](https://millionrounds.com/company/wordsmith-ai) - [Venice](https://millionrounds.com/company/venice) - [Gantry](https://millionrounds.com/company/gantry) - [ScopeAI](https://millionrounds.com/company/scopeai) - [Draftwise](https://millionrounds.com/company/draftwise) - [Transform](https://millionrounds.com/company/transform) - [Vetted](https://millionrounds.com/company/vetted) +3 more ## Series B 26 - [*PI* Physical Intelligence](https://millionrounds.com/company/physical-intelligence) - [Simile](https://millionrounds.com/company/simile) - [Cloaked](https://millionrounds.com/company/cloaked) - [Hebbia](https://millionrounds.com/company/hebbia) - [MinIO](https://millionrounds.com/company/minio) - [Parallel Web Systems](https://millionrounds.com/company/parallel-web-systems) - [TwelveLabs](https://millionrounds.com/company/twelvelabs) - [Casap](https://millionrounds.com/company/casap) - [Crosby](https://millionrounds.com/company/crosby) - [PointFive](https://millionrounds.com/company/pointfive) - [Cradle](https://millionrounds.com/company/cradle) - [*W* Wordsmith](https://millionrounds.com/company/wordsmith) - [*I* Incident.io](https://millionrounds.com/company/incident-io) - [Causaly](https://millionrounds.com/company/causaly) - [Tavus](https://millionrounds.com/company/tavus) - [Albert](https://millionrounds.com/company/albert) - [Phaidra](https://millionrounds.com/company/phaidra) - [*S* Siro](https://millionrounds.com/company/siro) - [Weaviate](https://millionrounds.com/company/weaviate) - [*A* Arthur](https://millionrounds.com/company/arthur) - [KarmaCheck](https://millionrounds.com/company/karmacheck) - [Vizcom](https://millionrounds.com/company/vizcom) - [*OF* One Footprint](https://millionrounds.com/company/one-footprint) - [Quilter](https://millionrounds.com/company/quilter) +2 more ## Stage not reported 10 - [Motive](https://millionrounds.com/company/motive) - [Sylvera](https://millionrounds.com/company/sylvera) - [DeepL](https://millionrounds.com/company/deepl) - [Nauto](https://millionrounds.com/company/nauto) - [Gong](https://millionrounds.com/company/gong) - [Lightning AI](https://millionrounds.com/company/lightning-ai) - [Frame Security](https://millionrounds.com/company/frame-security) - [Built Technologies](https://millionrounds.com/company/built-technologies) - [*B* Beamery](https://millionrounds.com/company/beamery) - [Chord](https://millionrounds.com/company/chord) ## Growth 3 - [Behavox](https://millionrounds.com/company/behavox) - [LiveKit](https://millionrounds.com/company/livekit) - [*M* Mirage](https://millionrounds.com/company/mirage) ## Segment by segment ### Series C and later 31 startups · $36B raised - [**Scale AI**](https://millionrounds.com/company/scale-ai) Scale delivers proven data, evaluations, and outcomes to AI labs, governments, and the Fortune 500. United States $15B - [**Mistral AI**](https://millionrounds.com/company/mistral-ai) Mistral AI is an AI startup that provides developers and businesses access to open and portable generative AI solutions. France $7.5B - [**Cohere**](https://millionrounds.com/company/cohere) Cohere is a Canadian multinational artificial intelligence company founded in 2019, specializing in foundational large language mo Canada $5.6B - [**Fireworks AI**](https://millionrounds.com/company/fireworks-ai) Fireworks AI is a generative AI infrastructure platform that specializes in delivering fast inference and full-parameter training United States $1.7B - [**Instinct**](https://millionrounds.com/company/instinct) Instinct® is a rapidly growing, family-owned marketer and manufacturer of science-based 100% natural pet food for dogs and cats. United States $1.3B - [**Temporal**](https://millionrounds.com/company/temporal) Temporal is a financial services and market infrastructure company focused on enhancing efficiency in financial markets, particula United States $996M - [**Chai Discovery**](https://millionrounds.com/company/chai-discovery) Chai Discovery is an artificial intelligence biotechnology company based in San Francisco, California, founded in March 2024. United States $530M - [**Algolia**](https://millionrounds.com/company/algolia) Algolia is the Search-as-a-Service platform that enables companies to deliver fast and relevant digital experiences that drive real results. United States $282M ### Pre-seed and seed 29 startups · $2.3B raised - [**Ineffable Intelligence**](https://millionrounds.com/company/ineffable-intelligence) Ineffable Intelligence develops machine learning systems that learn through interaction and experience. United Kingdom $1.1B - [**Paid**](https://millionrounds.com/company/paid) Paid is a web-developing company that provides shipping solutions by building website, collect payments, and compare shipping rates. United States $297M - [**Persona**](https://millionrounds.com/company/persona) Persona is the next generation personalized nutrition program, helping consumers take the guesswork out of the dietary supplement aisle. United States $211M - [**Enigma**](https://millionrounds.com/company/enigma) We are an open platform with blockchain-based technology and simple tools for artists and creators to grow alongside fans, investo United States $166M - [*E* **Eden**](https://millionrounds.com/company/eden) United States $104M - [**Astelia**](https://millionrounds.com/company/astelia) Astelia is an AI-native exposure management platform that enables organizations to focus exclusively on vulnerabilities that are t United States $60M - [*F* **Flora**](https://millionrounds.com/company/flora) United States $56M - [*D* **/dev/agents**](https://millionrounds.com/company/dev-agents) United States $56M ### Series A 27 startups · $2.7B raised - [**Flapping Airplanes**](https://millionrounds.com/company/flapping-airplanes) Flapping Airplanes is an AI research lab dedicated to developing data-efficient training methods for artificial intelligence. United States $1.2B - [*G* **Glow**](https://millionrounds.com/company/glow) United States $306M - [**Tessl**](https://millionrounds.com/company/tessl) Tessl is a London-based company founded in 2024 by Guy Podjarny, focusing on Agent Enablement and AI-Native Development. United Kingdom $250M - [**7AI**](https://millionrounds.com/company/7ai) 7AI is a Boston-based cybersecurity company that has developed the first agentic security platform. United States $166M - [**Alta**](https://millionrounds.com/company/alta) Invest or sell private companies, funds and alternative assets with Alta, Southeast Asia’s largest marketplace for alternative ass United States $116M - [**Ideogram**](https://millionrounds.com/company/ideogram) Ideogram is an artificial intelligence company based in Toronto, Ontario, specializing in generative media, particularly text-to-i Canada $80M - [**Conduct**](https://millionrounds.com/company/conduct) Conduct is a London-based enterprise AI company founded in 2024. United Kingdom $72M - [**Cartesia**](https://millionrounds.com/company/cartesia) Cartesia is an artificial intelligence company founded in September 2023 in San Francisco, California, by a team of researchers an United States $64M ### Series B 26 startups · $4.4B raised - [*PI* **Physical Intelligence**](https://millionrounds.com/company/physical-intelligence) United States $2.0B - [**Simile**](https://millionrounds.com/company/simile) Simile is the simulation company, built for leading enterprises. United States $600M - [**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 - [**Hebbia**](https://millionrounds.com/company/hebbia) Hebbia is an AI platform that helps companies transform heaps of information into insights. United States $130M - [**MinIO**](https://millionrounds.com/company/minio) MinIO is a high-performance, Kubernetes-native object storage system that serves as a foundation for enterprise AI. United States $123M - [**Parallel Web Systems**](https://millionrounds.com/company/parallel-web-systems) Parallel Web Systems is an AI infrastructure company focused on enhancing how AI agents interact with the web. United States $100M - [**TwelveLabs**](https://millionrounds.com/company/twelvelabs) TwelveLabs is a San Francisco-based artificial intelligence company founded in 2021 that specializes in video-native foundation mo United States $100M - [**Casap**](https://millionrounds.com/company/casap) Casap is a San Francisco-based FinTech company founded in 2023, specializing in AI-powered dispute automation and fraud prevention. United States $81M ### Stage not reported 10 startups · $2.5B raised - [**Motive**](https://millionrounds.com/company/motive) Motive builds technology to improve the safety, productivity and profitability of businesses that power the physical economy. United States $1.4B - [**Sylvera**](https://millionrounds.com/company/sylvera) Sylvera is an independent carbon intelligence platform based in London, UK, founded in 2020 by Allister Furey and Sam Gill. United Kingdom $308M - [**DeepL**](https://millionrounds.com/company/deepl) DeepL is a deep-learning company that engages in translating texts and full document files. Germany $300M - [**Nauto**](https://millionrounds.com/company/nauto) Nauto is an AI company founded in 2015 and based in Palo Alto, California. United States $159M - [**Gong**](https://millionrounds.com/company/gong) Gong unlocks reality to help people and companies reach their full potential. United States $65M - [**Lightning AI**](https://millionrounds.com/company/lightning-ai) Lightning AI is an online marketing platform. United States $50M - [**Frame Security**](https://millionrounds.com/company/frame-security) Frame Security is an AI‐driven cybersecurity company focused on human‐risk management and security‐awareness training. United States $50M - [**Built Technologies**](https://millionrounds.com/company/built-technologies) Built Technologies is an enterprise technology company that provides cloud-based construction lending software. United States $31M ### Growth 3 startups · $528M raised - [**Behavox**](https://millionrounds.com/company/behavox) Behavox is a London-based AI company founded in 2014, specializing in compliance and risk management for financial services and re United Kingdom $245M - [**LiveKit**](https://millionrounds.com/company/livekit) LiveKit offers open source frameworks and a cloud platform for building voice, video, and physical AI agents. United States $145M - [*M* **Mirage**](https://millionrounds.com/company/mirage) United States $138M **How this map is made.** Every startup here works in AI and has raised money in a round we track that names Index Ventures 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) [Sector portfolio **Index Ventures' Fintech portfolio** 46 startups · $11B](https://millionrounds.com/portfolio-maps/index-ventures-fintech-portfolio)[Sector portfolio **Index Ventures' IT Services portfolio** 37 startups · $871M](https://millionrounds.com/portfolio-maps/index-ventures-it-services-portfolio)[Sector portfolio **Index Ventures' Software portfolio** 25 startups · $2.0B](https://millionrounds.com/portfolio-maps/index-ventures-software-portfolio)[Sector portfolio **Index Ventures' Big Data & Analytics portfolio** 21 startups · $1.6B](https://millionrounds.com/portfolio-maps/index-ventures-big-data-analytics-portfolio)[Sector portfolio **Index Ventures' Internet portfolio** 21 startups · $3.3B](https://millionrounds.com/portfolio-maps/index-ventures-internet-portfolio)[Sector portfolio **Index Ventures' Cybersecurity portfolio** 18 startups · $1.7B](https://millionrounds.com/portfolio-maps/index-ventures-cybersecurity-portfolio) ## Raising from investors like Index Ventures? 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