# Variant's AI Investments: 10 Startups in Its Portfolio (2026)

> The 10 AI startups Variant has backed, by stage: $660M raised between them. From the rounds we track; updated nightly.

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

## Pre-seed and seed

6

- [*E* Euler](https://millionrounds.com/company/euler)
- [*C* Context](https://millionrounds.com/company/context)
- [Plastic Labs](https://millionrounds.com/company/plastic-labs)
- [Pluralis Research](https://millionrounds.com/company/pluralis-research)
- [Modulus](https://millionrounds.com/company/modulus)
- [Dapta](https://millionrounds.com/company/dapta)

## Series B

2

- [Augustus](https://millionrounds.com/company/augustus)
- [Osigu](https://millionrounds.com/company/osigu)

## Stage not reported

2

- [Tools For Humanity](https://millionrounds.com/company/tools-for-humanity)
- [Sapien](https://millionrounds.com/company/sapien)

## Segment by segment

### Pre-seed and seed

6 startups · $107M raised

- [*E* **Euler**](https://millionrounds.com/company/euler) Euler provides an AI investment research app and financial services. Iceland $36M
- [*C* **Context**](https://millionrounds.com/company/context) ConText offers conservation services for historic textiles, costume, and contemporary fiber art. United States $31M
- [**Plastic Labs**](https://millionrounds.com/company/plastic-labs) Plastic Labs is an engineering-driven AI lab that focuses on the intersection of machine learning and cognitive science. United States $19M
- [**Pluralis Research**](https://millionrounds.com/company/pluralis-research) Pluralis Research is an AI research organization dedicated to developing decentralized and open-source methods for training and us United States $8.6M
- [**Modulus**](https://millionrounds.com/company/modulus) Modulus uses cryptography to verify that AI results weren't doctored. United States $6.6M
- [**Dapta**](https://millionrounds.com/company/dapta) Dapta is a Miami-based technology startup founded in 2023 by Nicolas Rojas Nino. United States $6.0M

### Series B

2 startups · $190M raised

- [**Augustus**](https://millionrounds.com/company/augustus) Augustus is a global payments and clearing platform, previously known as Ivy, founded in 2022 by Ferdinand Dabitz, Joshua Becker, United States $180M
- [**Osigu**](https://millionrounds.com/company/osigu) Osigu is a Miami-based company founded in 2015 that offers a fully digital, AI-powered revenue cycle and claims management platfor United States $10M

### Stage not reported

2 startups · $364M raised

- [**Tools For Humanity**](https://millionrounds.com/company/tools-for-humanity) Tools For Humanity specializes in software development, information technology, digital marketing, and advertising services. United States $355M
- [**Sapien**](https://millionrounds.com/company/sapien) Sapien, also known as Sapien AI Corp., is a decentralized data foundry and Web3 data labeling platform founded in 2023 in San Francisco. United States $8.7M

**How this map is made.** Every startup here works in AI and has raised money in a round we track that names Variant 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 **Variant's Web3 & Crypto portfolio** 27 startups · $543M](https://millionrounds.com/portfolio-maps/variant-web3-crypto-portfolio)[Portfolio map **Variant portfolio map** 45 startups · $1.3B](https://millionrounds.com/portfolio-maps/variant-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)[Sector portfolio **Andreessen Horowitz's AI portfolio** 259 startups · $426B](https://millionrounds.com/portfolio-maps/andreessen-horowitz-ai-portfolio)[Sector portfolio **General Catalyst's AI portfolio** 226 startups · $179B](https://millionrounds.com/portfolio-maps/general-catalyst-ai-portfolio)

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