# Initialized Capital's AI Investments: 30 Startups in Its Portfolio (2026)

> The 30 AI startups Initialized Capital has backed, by stage: $12B raised between them. From the rounds we track; updated nightly.

Source: https://millionrounds.com/portfolio-maps/initialized-capital-ai-portfolio (Millionrounds; every figure on the page links to its filing or article)

## Pre-seed and seed

12

- [Sabi](https://millionrounds.com/company/sabi)
- [Guide Labs](https://millionrounds.com/company/guide-labs)
- [Alien](https://millionrounds.com/company/alien)
- [Rosebud](https://millionrounds.com/company/rosebud)
- [Parcha AI](https://millionrounds.com/company/parcha-ai)
- [Glass Health](https://millionrounds.com/company/glass-health)
- [Seamflow](https://millionrounds.com/company/seamflow)
- [ZeroEntropy](https://millionrounds.com/company/zeroentropy)
- [Lingo.dev](https://millionrounds.com/company/lingo-dev)
- [Datasaur](https://millionrounds.com/company/datasaur)
- [kapa.ai](https://millionrounds.com/company/kapa-ai)
- [SPATE](https://millionrounds.com/company/spate)

## Series A

7

- [Braid](https://millionrounds.com/company/braid)
- [Weave](https://millionrounds.com/company/weave)
- [Greptile](https://millionrounds.com/company/greptile)
- [*O* Orbio](https://millionrounds.com/company/orbio)
- [Clockwork](https://millionrounds.com/company/clockwork)
- [MEDIVIS](https://millionrounds.com/company/medivis)
- [Alix](https://millionrounds.com/company/alix)

## Stage not reported

5

- [Cruise](https://millionrounds.com/company/cruise)
- [Vicarious](https://millionrounds.com/company/vicarious)
- [Standard Cognition](https://millionrounds.com/company/standard-cognition)
- [Paperspace](https://millionrounds.com/company/paperspace)
- [*H* Handoff](https://millionrounds.com/company/handoff)

## Series C and later

3

- [Cohere](https://millionrounds.com/company/cohere)
- [Atoms](https://millionrounds.com/company/atoms)
- [WorkRamp](https://millionrounds.com/company/workramp)

## Series B

3

- [Valar Atomics](https://millionrounds.com/company/valar-atomics)
- [PermitFlow](https://millionrounds.com/company/permitflow)
- [Pano AI](https://millionrounds.com/company/pano-ai)

## Segment by segment

### Pre-seed and seed

12 startups · $104M raised

- [**Sabi**](https://millionrounds.com/company/sabi) SABI is a software company that offers business consultancy, smart home integration, and web application development services. United States $50M
- [**Guide Labs**](https://millionrounds.com/company/guide-labs) Guide Labs is a product-focused AI research company based in San Francisco, California. United States $9.0M
- [**Alien**](https://millionrounds.com/company/alien) Prove you're human without giving up your data. United States $7.1M
- [**Rosebud**](https://millionrounds.com/company/rosebud) Rosebud is an AI-powered daily journal and interactive personal growth coach based in Santa Monica, California. United States $6.0M
- [**Parcha AI**](https://millionrounds.com/company/parcha-ai) Parchas AI Agents that enables businesses to automate their scale compliance and operations. United States $5.0M
- [**Glass Health**](https://millionrounds.com/company/glass-health) Glass Health is a healthcare technology company based in San Francisco, founded in 2021 by a team of physicians and engineers. United States $5.0M
- [**Seamflow**](https://millionrounds.com/company/seamflow) Seamflow is a London-based AI software company that specializes in creating an AI-native operating system for the Testing, Inspect United States $4.5M
- [**ZeroEntropy**](https://millionrounds.com/company/zeroentropy) ZeroEntropy provides a sophisticated search API tailored for the analysis and retrieval of unstructured data. United States $4.2M

### Series A

7 startups · $215M raised

- [**Braid**](https://millionrounds.com/company/braid) At Braid, we believe professional creators are businesses, and the most successful businesses make informed, data-backed decisions. Netherlands $45M
- [**Weave**](https://millionrounds.com/company/weave) Weave is a boutique consulting firm that specializes in extending its services within supply chain planning to its diverse clientele. United States $34M
- [**Greptile**](https://millionrounds.com/company/greptile) Greptile is a San Francisco-based AI company that specializes in enhancing software development through its AI code review agent a United States $34M
- [*O* **Orbio**](https://millionrounds.com/company/orbio) Spain $33M
- [**Clockwork**](https://millionrounds.com/company/clockwork) Clockwork builds AI-powered robots. United States $27M
- [**MEDIVIS**](https://millionrounds.com/company/medivis) Medivis is a New York City-based medical technology company founded in 2016 by a team of physicians and engineers. United States $22M
- [**Alix**](https://millionrounds.com/company/alix) Alix, Inc. United States $21M

### Stage not reported

5 startups · $2.3B raised

- [**Cruise**](https://millionrounds.com/company/cruise) United States $2.0B
- [**Vicarious**](https://millionrounds.com/company/vicarious) Vicarious is an artificial intelligence company that uses the computational principles of the brain to develop general intelligence. United States $122M
- [**Standard Cognition**](https://millionrounds.com/company/standard-cognition) Checkout Technologies creates AI powered technologies to reshape and enhance the relationship between physical retailers and shoppers. United States $86M
- [**Paperspace**](https://millionrounds.com/company/paperspace) Paperspace powers next-generation applications built on GPUs. United States $34M
- [*H* **Handoff**](https://millionrounds.com/company/handoff) Chat and voice-based app that instantly recommends and delivers beer, wine, and spirits with the push of a button. United States $5.8M

### Series C and later

3 startups · $7.4B raised

- [**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
- [**Atoms**](https://millionrounds.com/company/atoms) United States $1.7B
- [**WorkRamp**](https://millionrounds.com/company/workramp) WorkRamp is the Learning Cloud that your employees and customers will love. United States $50M

### Series B

3 startups · $1.7B raised

- [**Valar Atomics**](https://millionrounds.com/company/valar-atomics) Valar Atomics is a U.S.-based advanced nuclear energy startup founded in 2023 and headquartered in El Segundo, California. United States $1.6B
- [**PermitFlow**](https://millionrounds.com/company/permitflow) PermitFlow is an AI-powered pre-construction platform that automates the construction permitting lifecycle for builders, developer United States $54M
- [**Pano AI**](https://millionrounds.com/company/pano-ai) Pano AI is a climate technology company based in San Francisco, specializing in early wildfire detection and intelligence. United States $44M

**How this map is made.** Every startup here works in AI and has raised money in a round we track that names Initialized 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)

[Sector portfolio **Initialized Capital's Web3 & Crypto portfolio** 13 startups · $371M](https://millionrounds.com/portfolio-maps/initialized-capital-web3-crypto-portfolio)[Sector portfolio **Initialized Capital's Fintech portfolio** 12 startups · $155M](https://millionrounds.com/portfolio-maps/initialized-capital-fintech-portfolio)[Co-investors **Who invests with Initialized Capital** 194 co-investors](https://millionrounds.com/portfolio-maps/initialized-capital-co-investors)[Portfolio map **Initialized Capital portfolio map** 120 startups · $17B](https://millionrounds.com/portfolio-maps/initialized-capital-portfolio-map)[Sector portfolio **Techstars' AI portfolio** 336 startups · $4.9B](https://millionrounds.com/portfolio-maps/techstars-ai-portfolio)[Sector portfolio **Alumni Ventures' AI portfolio** 302 startups · $36B](https://millionrounds.com/portfolio-maps/us-strategic-tech-fund-an-alumni-ventures-fund-ai-portfolio)

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