# StepStone Group's AI Investments: 32 Startups in Its Portfolio (2026)

> The 32 AI startups StepStone Group has backed, by stage: $88B raised between them. From the rounds we track; updated nightly.

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

## Series C and later

15

- [xAI](https://millionrounds.com/company/xai)
- [KoBold Metals](https://millionrounds.com/company/kobold-metals)
- [Mercor](https://millionrounds.com/company/mercor)
- [*A* Alice](https://millionrounds.com/company/alice)
- [SiMa.ai](https://millionrounds.com/company/sima-ai)
- [Frore Systems](https://millionrounds.com/company/frore-systems)
- [Federato](https://millionrounds.com/company/federato)
- [Auradine](https://millionrounds.com/company/auradine)
- [BuildOPs](https://millionrounds.com/company/buildops)
- [Cyberhaven](https://millionrounds.com/company/cyberhaven)
- [Scribe](https://millionrounds.com/company/scribe)
- [Multiverse](https://millionrounds.com/company/multiverse)
- [Anvilogic](https://millionrounds.com/company/anvilogic)
- [Rasa](https://millionrounds.com/company/rasa)
- [*IU* Infinite Uptime](https://millionrounds.com/company/infinite-uptime)

## Series B

7

- [Poolside](https://millionrounds.com/company/poolside)
- [Overland AI](https://millionrounds.com/company/overland-ai)
- [Protect AI](https://millionrounds.com/company/protect-ai)
- [*S* Siro](https://millionrounds.com/company/siro)
- [Trunk Tools](https://millionrounds.com/company/trunk-tools)
- [Spot AI](https://millionrounds.com/company/spot-ai)
- [Regie.ai](https://millionrounds.com/company/regie-ai)

## Series A

4

- [*UA* Upscale AI](https://millionrounds.com/company/upscale-ai)
- [Velaura AI](https://millionrounds.com/company/velaura-ai)
- [Aurascape](https://millionrounds.com/company/aurascape)
- [Seneca](https://millionrounds.com/company/seneca)

## Growth

2

- [Tebra](https://millionrounds.com/company/tebra)
- [Creatio](https://millionrounds.com/company/creatio)

## Pre-seed and seed

2

- [NeuBird](https://millionrounds.com/company/neubird)
- [Moonbounce](https://millionrounds.com/company/moonbounce)

## Stage not reported

2

- [Submittable](https://millionrounds.com/company/submittable)
- [Exowatt](https://millionrounds.com/company/exowatt)

## Segment by segment

### Series C and later

15 startups · $85B raised

- [**xAI**](https://millionrounds.com/company/xai) United States $81B
- [**KoBold Metals**](https://millionrounds.com/company/kobold-metals) KoBold Metals is a scientific mineral exploration and development company based in Berkeley, California. United States $1.5B
- [**Mercor**](https://millionrounds.com/company/mercor) Mercor is an AI data company founded in January 2023, specializing in connecting domain experts with AI labs and enterprises. United States $1.2B
- [*A* **Alice**](https://millionrounds.com/company/alice) United States $329M
- [**SiMa.ai**](https://millionrounds.com/company/sima-ai) SiMa.ai is a leader in Physical AI, offering a software-centric, purpose-built Machine Learning System-on-Chip (MLSoC) platform. United States $235M
- [**Frore Systems**](https://millionrounds.com/company/frore-systems) Frore Systems is a semiconductor and thermal technology startup based in San Jose, California, with manufacturing operations in Ta United States $223M
- [**Federato**](https://millionrounds.com/company/federato) Federato is an AI-native underwriting platform designed for the property and casualty (P&C) insurance industry. United States $140M
- [**Auradine**](https://millionrounds.com/company/auradine) Pioneer in web infrastructure solutions including blockchain, privacy, and AI United States $138M

### Series B

7 startups · $1.8B raised

- [**Poolside**](https://millionrounds.com/company/poolside) Poolside is an AI startup founded in 2023 by Jason Warner and Eiso Kant. United States $1.5B
- [**Overland AI**](https://millionrounds.com/company/overland-ai) Overland AI is a manufacturer and developer of autonomous navigation for off-road autonomous vehicles. United States $80M
- [**Protect AI**](https://millionrounds.com/company/protect-ai) Protect AI is a cybersecurity company that helps in managing security risks and defending against AI security threats. United States $60M
- [*S* **Siro**](https://millionrounds.com/company/siro) - $50M
- [**Trunk Tools**](https://millionrounds.com/company/trunk-tools) Trunk Tools is an innovative artificial intelligence company focused on construction project management technology. United States $40M
- [**Spot AI**](https://millionrounds.com/company/spot-ai) Spot AI is a video intelligence platform based in San Francisco, founded in 2018 by three Stanford alumni. United States $31M
- [**Regie.ai**](https://millionrounds.com/company/regie-ai) Regie.ai is an AI-native sales engagement platform founded in 2020, headquartered in San Francisco, CA, with additional offices in United States $30M

### Series A

4 startups · $636M raised

- [*UA* **Upscale AI**](https://millionrounds.com/company/upscale-ai) United States $390M
- [**Velaura AI**](https://millionrounds.com/company/velaura-ai) Velaura AI is a Silicon Valley-based company specializing in AI compute infrastructure. United States $110M
- [**Aurascape**](https://millionrounds.com/company/aurascape) Aurascape is an AI-native security company based in Santa Clara, California. United States $76M
- [**Seneca**](https://millionrounds.com/company/seneca) Seneca is a smart personal library experience–where effortless organisation of your content meets discovery and exploration. United States $60M

### Growth

2 startups · $460M raised

- [**Tebra**](https://millionrounds.com/company/tebra) Tebra Technologies, Inc. United States $250M
- [**Creatio**](https://millionrounds.com/company/creatio) Creatio offers a no-code platform that automates CRM and enterprise workflows. United States $210M

### Pre-seed and seed

2 startups · $36M raised

- [**NeuBird**](https://millionrounds.com/company/neubird) NeuBird is a first-of-its-kind cloud-based generative operations platform for enterprises. United States $24M
- [**Moonbounce**](https://millionrounds.com/company/moonbounce) Moonbounce is a developer of digital spaces for live interaction anywhere. United States $12M

### Stage not reported

2 startups · $157M raised

- [**Submittable**](https://millionrounds.com/company/submittable) Submittable is a cloud-based software company based in Missoula, Montana. United States $107M
- [**Exowatt**](https://millionrounds.com/company/exowatt) Exowatt is a renewable energy company based in Miami, Florida, founded in 2023. United States $50M

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

[Co-investors **Who invests with StepStone Group** 98 co-investors](https://millionrounds.com/portfolio-maps/stepstone-group-co-investors)[Portfolio map **StepStone Group portfolio map** 54 startups · $90B](https://millionrounds.com/portfolio-maps/stepstone-group-portfolio-map)[Sector portfolio **Y Combinator's AI portfolio** 1,143 startups · $44B](https://millionrounds.com/portfolio-maps/y-combinator-ai-portfolio)[Sector portfolio **Y Combinator's Fintech portfolio** 338 startups · $24B](https://millionrounds.com/portfolio-maps/y-combinator-fintech-portfolio)[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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