# NAP's AI Investments: 27 Startups in Its Portfolio (2026) > The 27 AI startups NAP has backed, by stage: $802M raised between them. From the rounds we track; updated nightly. Source: https://millionrounds.com/portfolio-maps/nap-ai-portfolio (Millionrounds; every figure on the page links to its filing or article) ## Pre-seed and seed 12 - [Origin](https://millionrounds.com/company/origin) - [Empirik](https://millionrounds.com/company/empirik) - [Iris](https://millionrounds.com/company/iris) - [Kinnu](https://millionrounds.com/company/kinnu) - [Empion](https://millionrounds.com/company/empion) - [*B* BUMP](https://millionrounds.com/company/bump) - [Grand](https://millionrounds.com/company/grand) - [AWAKE Mobility](https://millionrounds.com/company/awake-mobility) - [Enzai](https://millionrounds.com/company/enzai) - [Ascentra Labs](https://millionrounds.com/company/ascentra-labs) - [Logistica OS](https://millionrounds.com/company/logistica-os) - [Mirror Mirror AI](https://millionrounds.com/company/mirror-mirror-ai) ## Series A 5 - [Ethos](https://millionrounds.com/company/ethos) - [Coverbase](https://millionrounds.com/company/coverbase) - [Casca](https://millionrounds.com/company/casca) - [Anatomy Financial](https://millionrounds.com/company/anatomy-financial) - [VoiceLine](https://millionrounds.com/company/voiceline) ## Series B 4 - [Conquest Planning](https://millionrounds.com/company/conquest-planning) - [*L* Liberate](https://millionrounds.com/company/liberate) - [Nory](https://millionrounds.com/company/nory) - [SPREAD AI](https://millionrounds.com/company/spread-ai) ## Stage not reported 4 - [Dashbot](https://millionrounds.com/company/dashbot) - [Lucy](https://millionrounds.com/company/lucy) - [Deep Cognition](https://millionrounds.com/company/deep-cognition) - [PivotalPath](https://millionrounds.com/company/pivotalpath) ## Series C and later 2 - [Codat](https://millionrounds.com/company/codat) - [Eta Compute](https://millionrounds.com/company/eta-compute) ## Segment by segment ### Pre-seed and seed 12 startups · $189M raised - [**Origin**](https://millionrounds.com/company/origin) United States $121M - [**Empirik**](https://millionrounds.com/company/empirik) Empirik is a digital marketing consultancy that provides SEO, social ads campaigns, conversion optimization and sales generation services. United States $21M - [**Iris**](https://millionrounds.com/company/iris) IRIS is a venture capital firm that provides funding and sector-specific expertise for tech entrepreneurs and their businesses at United States $10M - [**Kinnu**](https://millionrounds.com/company/kinnu) Kinnu is an education technology company based in England and Wales, dedicated to enhancing learning through its gamified, all-in- United Kingdom $7.9M - [**Empion**](https://millionrounds.com/company/empion) Empion is the first automated headhunting system matching candidates and companies based on values, skills, and personality traits. Germany $6.3M - [*B* **BUMP**](https://millionrounds.com/company/bump) United States $5.2M - [**Grand**](https://millionrounds.com/company/grand) GRAND is an online marketplace that offers protection and safety products. Ireland $5.0M - [**AWAKE Mobility**](https://millionrounds.com/company/awake-mobility) AWAKE Mobility is a Munich-based B2B SaaS technology company founded in October 2020. Germany $4.1M ### Series A 5 startups · $235M raised - [**Ethos**](https://millionrounds.com/company/ethos) Ethos ESG, now part of ACA Group, specializes in data and analysis services that assess the impact of companies and funds on vario United Kingdom $143M - [**Coverbase**](https://millionrounds.com/company/coverbase) Coverbase is an artificial intelligence-driven system that helps with risk assessment criteria, tier classifications, and issue management. United States $32M - [**Casca**](https://millionrounds.com/company/casca) Casca is an AI-native loan origination platform founded in 2023 by experts in banking IT and AI researchers from Stanford University. United States $29M - [**Anatomy Financial**](https://millionrounds.com/company/anatomy-financial) Anatomy Financial, Inc. United States $19M - [**VoiceLine**](https://millionrounds.com/company/voiceline) VoiceLine is a hybrid voice messaging solution for work. Germany $12M ### Series B 4 startups · $196M raised - [**Conquest Planning**](https://millionrounds.com/company/conquest-planning) Conquest Planning is a financial planning software company based in Winnipeg, Canada, founded in 2018 by experienced professionals Canada $80M - [*L* **Liberate**](https://millionrounds.com/company/liberate) United States $50M - [**Nory**](https://millionrounds.com/company/nory) Nory is an AI-powered restaurant management platform designed for multi-unit operators. United Kingdom $37M - [**SPREAD AI**](https://millionrounds.com/company/spread-ai) SPREAD AI is a Berlin-based industrial artificial intelligence company founded in 2019 by Philipp Noll and Robert Göbel. Germany $29M ### Stage not reported 4 startups · $9.5M raised - [**Dashbot**](https://millionrounds.com/company/dashbot) Dashbot is a conversational analytics platform to transform unstructured data into insights for enterprise digital transformation. United States $5.3M - [**Lucy**](https://millionrounds.com/company/lucy) Lucy®, an AI-Powered Knowledge Management Assistant United States $2.5M - [**Deep Cognition**](https://millionrounds.com/company/deep-cognition) Deep Cognition's Deep Learning Studio allows building models without programming. United States $1.3M - [**PivotalPath**](https://millionrounds.com/company/pivotalpath) PivotalPath is a hedge fund consultant and analytics company. United States $458K ### Series C and later 2 startups · $171M raised - [**Codat**](https://millionrounds.com/company/codat) Codat is a financial technology company founded in 2017, headquartered in London, with additional offices in New York, San Francis United Kingdom $151M - [**Eta Compute**](https://millionrounds.com/company/eta-compute) Eta Compute is an AI software company focused on creating optimized machine learning models for embedded, edge, and IoT devices. United States $21M **How this map is made.** Every startup here works in AI and has raised money in a round we track that names NAP 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 **NAP's Fintech portfolio** 16 startups · $193M](https://millionrounds.com/portfolio-maps/nap-fintech-portfolio)[Portfolio map **NAP portfolio map** 63 startups · $1.6B](https://millionrounds.com/portfolio-maps/nap-portfolio-map)[Investments abroad **NAP's investments in the United States** 40 startups · $712M](https://millionrounds.com/portfolio-maps/nap-investments-united-states)[Co-investors **Who invests with NAP** 34 co-investors](https://millionrounds.com/portfolio-maps/nap-co-investors)[Sector portfolio **Global Founders Capital's Fintech portfolio** 53 startups · $2.7B](https://millionrounds.com/portfolio-maps/global-founders-capital-fintech-portfolio)[Sector portfolio **Global Founders Capital's AI portfolio** 38 startups · $1.4B](https://millionrounds.com/portfolio-maps/global-founders-capital-ai-portfolio) ## Raising from investors like NAP? Find the investors who back startups like yours, with their cheques, rounds and partners, in the app with filters, lists and exports. [Find investors](https://millionrounds.com/login?join=1&next=/app/investors)[Market maps](https://millionrounds.com/market-maps)