# Sands Capital Ventures' AI Investments: 18 Startups in Its Portfolio (2026)

> The 18 AI startups Sands Capital Ventures has backed, by stage: $41B raised between them. From the rounds we track; updated nightly.

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

## Series A

5

- [Keebler Health](https://millionrounds.com/company/keebler-health)
- [Speech Graphics](https://millionrounds.com/company/speech-graphics)
- [Papercup](https://millionrounds.com/company/papercup)
- [RevEng.AI](https://millionrounds.com/company/reveng-ai)
- [Dreadnode](https://millionrounds.com/company/dreadnode)

## Series C and later

4

- [Legora](https://millionrounds.com/company/legora)
- [OneTrust](https://millionrounds.com/company/onetrust)
- [PolyAI](https://millionrounds.com/company/polyai)
- [*H* Hawk](https://millionrounds.com/company/hawk)

## Pre-seed and seed

3

- [Paid](https://millionrounds.com/company/paid)
- [*E* eXo](https://millionrounds.com/company/exo)
- [Chronicle Studios](https://millionrounds.com/company/chronicle-studios)

## Growth

2

- [Databricks](https://millionrounds.com/company/databricks)
- [Baseten](https://millionrounds.com/company/baseten)

## Series B

2

- [CompScience](https://millionrounds.com/company/compscience)
- [Credo AI](https://millionrounds.com/company/credo-ai)

## Stage not reported

2

- [Elephas](https://millionrounds.com/company/elephas)
- [CytoVale](https://millionrounds.com/company/cytovale)

## Segment by segment

### Series A

5 startups · $92M raised

- [**Keebler Health**](https://millionrounds.com/company/keebler-health) Keebler Health is a healthcare technology company based in Durham, North Carolina, founded in 2023. United States $22M
- [**Speech Graphics**](https://millionrounds.com/company/speech-graphics) Speech Graphics Ltd is a technology company based in Edinburgh, UK, specializing in audio-driven, AI-powered facial animation software. United Kingdom $21M
- [**Papercup**](https://millionrounds.com/company/papercup) A Papercup merchandise will always make you feel happy and being happy will urge you to buy something from Papercup. United Kingdom $20M
- [**RevEng.AI**](https://millionrounds.com/company/reveng-ai) RevEng.AI is a London-based cybersecurity and AI company that specializes in building an AI-powered binary intelligence platform f United Kingdom $15M
- [**Dreadnode**](https://millionrounds.com/company/dreadnode) Dreadnode is at the forefront of offensive AI research and development, building AI systems that demonstrate parity with, or excee United States $14M

### Series C and later

4 startups · $1.9B raised

- [**Legora**](https://millionrounds.com/company/legora) Legora is a legal technology company based in Stockholm, founded in 2023. Sweden $1.3B
- [**OneTrust**](https://millionrounds.com/company/onetrust) OneTrust is a global technology company based in Atlanta, Georgia, specializing in privacy management, governance, risk, complianc United States $350M
- [**PolyAI**](https://millionrounds.com/company/polyai) Enterprise voice AI that finishes what your customers start. United Kingdom $209M
- [*H* **Hawk**](https://millionrounds.com/company/hawk) Hawk: 👁️Seeing is believing. Germany $56M

### Pre-seed and seed

3 startups · $410M raised

- [**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
- [*E* **eXo**](https://millionrounds.com/company/exo) France $101M
- [**Chronicle Studios**](https://millionrounds.com/company/chronicle-studios) Chronicle Studios operates as an entertainment company. Australia $12M

### Growth

2 startups · $38B raised

- [**Databricks**](https://millionrounds.com/company/databricks) Databricks is a data and AI company that provides a unified, cloud-based platform designed for data analytics, artificial intellig United States $34B
- [**Baseten**](https://millionrounds.com/company/baseten) Baseten is a San Francisco-based company founded in 2019 that specializes in AI inference infrastructure. United States $4.0B

### Series B

2 startups · $49M raised

- [**CompScience**](https://millionrounds.com/company/compscience) CompScience is an insurtech company based in San Francisco, founded in 2019. United States $28M
- [**Credo AI**](https://millionrounds.com/company/credo-ai) Credo AI is a software company based in Palo Alto, California, founded in 2020. United States $21M

### Stage not reported

2 startups · $59M raised

- [**Elephas**](https://millionrounds.com/company/elephas) Elephas Biosciences Corporation, based in Madison, Wisconsin, is a clinical-stage biotechnology company focused on precision oncol United States $40M
- [**CytoVale**](https://millionrounds.com/company/cytovale) Cytovale is a medical diagnostics company based in South San Francisco, California, focused on the rapid detection of fast-moving United States $19M

**How this map is made.** Every startup here works in AI and has raised money in a round we track that names Sands Capital 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 **Sands Capital Ventures' Biotech portfolio** 17 startups · $2.1B](https://millionrounds.com/portfolio-maps/sands-capital-ventures-biotech-portfolio)[Co-investors **Who invests with Sands Capital Ventures** 92 co-investors](https://millionrounds.com/portfolio-maps/sands-capital-ventures-co-investors)[Portfolio map **Sands Capital Ventures portfolio map** 57 startups · $51B](https://millionrounds.com/portfolio-maps/sands-capital-ventures-portfolio-map)[Sector portfolio **RA Capital Management's Biotech portfolio** 197 startups · $38B](https://millionrounds.com/portfolio-maps/ra-capital-management-biotech-portfolio)[Sector portfolio **OrbiMed's Biotech portfolio** 176 startups · $28B](https://millionrounds.com/portfolio-maps/orbimed-biotech-portfolio)[Sector portfolio **Pioneer Fund's AI portfolio** 171 startups · $2.8B](https://millionrounds.com/portfolio-maps/pioneer-fund-2-ai-portfolio)

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