# Panache Ventures' AI Investments: 12 Startups in Its Portfolio (2026) > The 12 AI startups Panache Ventures has backed, by stage: $281M raised between them. From the rounds we track; updated nightly. Source: https://millionrounds.com/portfolio-maps/panache-ventures-ai-portfolio (Millionrounds; every figure on the page links to its filing or article) ## Pre-seed and seed 8 - [Parable](https://millionrounds.com/company/parable) - [Ranger AI](https://millionrounds.com/company/ranger-ai) - [Pathway Medical](https://millionrounds.com/company/pathway-medical) - [HumanFirst](https://millionrounds.com/company/humanfirst) - [Big Whale Labs](https://millionrounds.com/company/big-whale-labs) - [Reworkd](https://millionrounds.com/company/reworkd) - [ModalX](https://millionrounds.com/company/modalx) - [reDock](https://millionrounds.com/company/redock) ## Series A 2 - [Featherless.ai](https://millionrounds.com/company/featherless-ai) - [Vetted](https://millionrounds.com/company/vetted) ## Series B 2 - [Biossil](https://millionrounds.com/company/biossil) - [Forma.ai](https://millionrounds.com/company/forma-ai) ## Segment by segment ### Pre-seed and seed 8 startups · $46M raised - [**Parable**](https://millionrounds.com/company/parable) Parable is a US-based company that provides AI-powered workforce intelligence solutions aimed at enhancing organizational efficien United States $17M - [**Ranger AI**](https://millionrounds.com/company/ranger-ai) Ranger AI is a San Francisco-based company founded in 2024 that specializes in agentic AI solutions for heavy industry. United States $11M - [**Pathway Medical**](https://millionrounds.com/company/pathway-medical) Empowering clinicians and healthcare organizations to provide better, more efficient care. Canada $5.0M - [**HumanFirst**](https://millionrounds.com/company/humanfirst) HumanFirst is a data-centric AI productivity platform founded in 2017, with operations in Montreal and San Francisco. Canada $3.8M - [**Big Whale Labs**](https://millionrounds.com/company/big-whale-labs) Big Whale Labs is a Vancouver-based Web 3 social startup founded in 2021. Canada $3.8M - [**Reworkd**](https://millionrounds.com/company/reworkd) Reworkd is an AI startup based in San Francisco, founded in 2023. United States $2.8M - [**ModalX**](https://millionrounds.com/company/modalx) ModalX is a AI powered multimodal platform that understands your business, predicts your challenges, and delivers tailored AI solu Canada $1.7M - [**reDock**](https://millionrounds.com/company/redock) reDock is an AI-powered search software platform based in Ottawa, Canada, designed specifically for proposal professionals. Canada $1.0M ### Series A 2 startups · $37M raised - [**Featherless.ai**](https://millionrounds.com/company/featherless-ai) Featherless AI is a technology company based in San Francisco, founded in 2023 by Eugene Cheah, Harrison Vanderbyl, and Wesley George. United States $20M - [**Vetted**](https://millionrounds.com/company/vetted) Vetted is an AI-powered product search engine and shopping assistant founded in 2019 and based in San Francisco, California. United States $17M ### Series B 2 startups · $198M raised - [**Biossil**](https://millionrounds.com/company/biossil) Biossil is an AI-native biopharma company located in Toronto, Canada. Canada $153M - [**Forma.ai**](https://millionrounds.com/company/forma-ai) Forma.ai is an AI-powered Sales Performance Management (SPM) platform based in Toronto, Canada. Canada $45M **How this map is made.** Every startup here works in AI and has raised money in a round we track that names Panache 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) [Portfolio map **Panache Ventures portfolio map** 30 startups · $641M](https://millionrounds.com/portfolio-maps/panache-ventures-portfolio-map)[Co-investors **Who invests with Panache Ventures** 20 co-investors](https://millionrounds.com/portfolio-maps/panache-ventures-co-investors)[Sector portfolio **Village Global's AI portfolio** 51 startups · $3.6B](https://millionrounds.com/portfolio-maps/village-global-ai-portfolio)[Sector portfolio **Radical Ventures' AI portfolio** 51 startups · $22B](https://millionrounds.com/portfolio-maps/radical-ventures-ai-portfolio)[Sector portfolio **Inovia Capital's AI portfolio** 47 startups · $8.8B](https://millionrounds.com/portfolio-maps/inovia-capital-ai-portfolio)[Sector portfolio **Clocktower Ventures' Fintech portfolio** 43 startups · $1.5B](https://millionrounds.com/portfolio-maps/clocktower-ventures-fintech-portfolio) ## Raising from investors like Panache Ventures? 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)