The month of May witnessed notable venture capital activity across the AI sector, with companies securing significant funding rounds to fuel their growth and innovation initiatives. The month’s funding landscape demonstrated continued investor confidence in AI-driven solutions and specialized technology platforms addressing industry-specific challenges.
These funding activities reflects broader market trends where investors are backing companies that leverage artificial intelligence and technology to solve complex operational challenges across various industries, transforming traditional business models through technology integration, particularly those focusing on infrastructure, automation, and AI-powered solutions that address real-world inefficiencies in established sectors.
Outcomes4Me, an AI-powered cancer care platform, has raised $21 million in funding this month led by Salica Investments, with backing from Labcorp Venture Fund and Forecast Labs, bringing its total capital to $38 million. Founded by Dr. Maya Said, the platform uses AI to simplify complex cancer treatment information, making it accessible and personalized for patients, which can help the patients to explore treatment options, and navigate clinical trials. With this funding, Outcomes4Me plans to expand globally, enhance its AI-driven capabilities, and advance equitable cancer care, ensuring more patients receive timely, personalized guidance.
Snorkel AI, a pioneer in data-centric AI, has secured a $100 million Series D round led by Addition, bringing its total funding to $237 million and its valuation to $1.3 billion. Founded in 2019, Snorkel shifted focus from model development to data development, addressing the challenge of creating high-quality, domain-specific training data. Its flagship platform, Snorkel Flow, enables subject matter experts to automate labeling through programmatic data development, streamlining what was traditionally a time-consuming manual process. As competition intensifies with companies like Labelbox and Scale, Snorkel is expanding its capabilities with new products like Snorkel Evaluate and Expert Data-as-a-Service to support the full AI lifecycle.
Superblocks, an enterprise app generation platform, has secured a $23 million Series A extension, bringing its total funding to $60 million. Led by Greenoaks Capital, Meritech Capital, Spark Capital, and Kleiner Perkins, this investment supports the launch of Clark, an AI agent designed to streamline internal enterprise app development.
Clark enables businesses to generate production-ready applications using natural language prompts while ensuring security and compliance through integration with existing systems. Unlike traditional AI coding tools, Clark enforces enterprise standards, reducing security risks and accelerating development.
With this funding, Superblocks aims to scale operations, expand its engineering team, and refine Clark’s capabilities, positioning it as a transformative force in enterprise software development.
Bito, an AI-powered code review platform, has secured a $5.7 million seed extension led by Vela Partners, with participation from NextView Ventures, Maxitech Ventures, Eniac Ventures, and others. The funding will accelerate development of Bito’s flagship AI Code Review Agent, which is redefining how modern engineering teams manage code quality.
Unlike traditional code scanners, Bito’s AI integrates directly into GitHub, GitLab, and Bitbucket workflows to provide contextual, line-by-line feedback across 50+ programming languages. It understands project-specific architectures, design patterns, and coding standards, allowing teams to catch regressions, optimize performance, and apply one-click fixes aligned with their development practices.
Already used to enhance over 10,000 pull requests weekly, Bito has seen adoption from companies like Gainsight, Whatfix, and PubMatic. Its impact is measurable: users report 89% faster pull request merges, 34% fewer regressions, and a $14 return for every $1 spent.
San Francisco-based startup Chalk has raised $50 million in Series A funding at a $500 million valuation to reinvent AI infrastructure around real-time inference, the moment models turn data into decisions. The round was led by Felicis, with participation from Triatomic Capital, General Catalyst, Unusual Ventures, and Xfund. Felicis founder Aydin Senkut will join Chalk’s board.
While most AI platforms focus on training data and batch pipelines, Chalk is betting on inference as the new frontier. Its platform delivers millisecond-level predictions using fresh, live data critical for industries like fintech, identity verification, and clean energy where decisions must be immediate.
Chalk lets engineers define features in Python, compiles them into fast Rust and C++ pipelines, and serves predictions in as little as five milliseconds. Customers like MoneyLion, Socure, and Medely rely on it for fraud detection, identity verification, and operational optimization
Silicon Valley startup Neuron Factory is shaking up the construction world with its AI-powered “coworkers” designed to tackle inefficiency head-on. Just three months old, the company has already raised $6 million and partnered with European construction giant Cordeel Group to pilot its smart platform.
Unlike basic automation, Neuron Factory’s AI agents understand complex project dynamics, coordinating tasks and making real-time decisions alongside human teams. Their secret weapon? An “enterprise task graph” that maps how roles, tasks, and knowledge connect on-site.
Backed by tech veterans from Microsoft and Waymo, and investors eager for real impact, Neuron Factory aims to modernize an industry long stuck in the past. With Cordeel using the tech to boost sustainability and create transparent “building passports,” this startup could be the AI breakthrough construction has been waiting for.
Filed, an AI-driven tax preparation platform, has raised $17.2 million in pre-seed and seed funding, backed by Northzone, Neo, Raine, and Day One Ventures. Built to enhance existing accounting workflows, Filed automates repetitive tax processing tasks, allowing firms to streamline operations without replacing core systems.
Co-founders Leroy Kerry and Atul Ramachadran developed Filed after embedding themselves within accounting firms and offshore teams, recognizing that inefficiencies in labor not just outdated tools were the real challenge. The platform integrates seamlessly with major tax software like CCH Axcess and UltraTax, accelerating turnaround times while maintaining accuracy.
With this funding, Filed plans to expand its AI-powered automation beyond tax prep, tackling the entire return lifecycle to help firms address industry-wide staffing constraints with scalable solutions.
ClickHouse has closed a $350 million Series C funding round at a $6.35 billion valuation, led by Khosla Ventures with participation from BOND, Battery Ventures, and existing investors. The company also secured a $100 million credit facility, bringing total funding to over $650 million.
Originally developed at Yandex in 2009 for web analytics, ClickHouse became an open-source project in 2016 and spun out as an independent company in 2021. Its column-oriented architecture delivers ultra-fast analytical queries on massive datasets precisely what AI-driven applications need.
The database now serves over 2,000 customers including Tesla, Meta, and AI-native companies like Anthropic and LangChain. These organizations use ClickHouse for model telemetry, real-time fraud detection, and powering AI agents that require sub-second data access.
Glide, founded by Gautam Ajjarapu, Sameer Kapur, and Vishnu Chakroborty, is transforming digital banking for small U.S. community banks and credit unions. Originally launched as a digital bank in 2021, Glide pivoted in 2023 to focus on providing a white-label, easy-to-integrate platform that enables these institutions to offer fast, seamless online account openings and loan applications without overhauling their legacy systems. By 2024, the company had signed over 15 financial institutions and generated $2 million in annualized revenue, demonstrating strong market traction.
The company just raised $15 million in a Series A round led by Acrew Capital, bringing total funding to $21 million. This capital will accelerate product development focusing on AI-driven automation, fraud detection, and expanded support for diverse banking systems and fuel team growth. Glide’s mission is to empower community banks and credit unions to modernize efficiently, helping them compete in a digital-first world while serving millions of customers in underserved regions.
CueZen, a Seattle-based startup building AI infrastructure for health personalization, has raised $5 million in funding led by Point72 Ventures. Founded in 2021, the company is addressing one of digital health’s most enduring challenges: sustained user engagement.
Rather than offering generic wellness plans, CueZen creates a continuously updated “longitudinal health identity” by unifying data from wearables, smartphones, medical devices, and health records. Its AI models then translate this data into timely, hyper-personalized interventions, nudging users toward healthier behaviors based on their real-time needs and preferences.
Co-founder and CEO Ankur Teredesai, previously of KenSci and Microsoft, envisions CueZen as foundational infrastructure much like Stripe for payments or Twilio for messaging. With its new funding, the company plans to scale its AI capabilities and deepen integration with enterprise partners, aiming to make personalized, adaptive health journeys the new standard.
Inductive Bio, a New York-based AI drug discovery startup, has raised $25 million in Series A funding to accelerate the development of small molecule therapies. The round was led by Obvious Ventures, with participation from Andreessen Horowitz (a16z) Bio + Health, Lux Capital, S32, Character, and Amino Collective, alongside angel investors like Oren Etzioni, Jeff Hammerbacher, and Jakob Uszkoreit.
Inductive Bio’s platform is Compass, an AI engine that predicts critical drug properties, absorption, distribution, metabolism, excretion, and toxicity (ADMET) before compounds are synthesized. This predictive capability allows medicinal chemists to prioritize viable molecules early, cutting down on trial-and-error experimentation and costly delays.
The company’s innovation extends beyond algorithms. Through a pre-competitive data consortium, Inductive Bio enables pharma companies to securely contribute anonymized data, enhancing the accuracy of its AI models. Its flagship model, Beacon-1, recently outperformed 38 rivals in the Polaris ADMET challenge, including efforts from leading academic and biotech labs.
As demand for at-home care surged, Adam Stansell saw a critical bottleneck: healthcare lacked the kind of real-time logistics backbone that had transformed industries like food delivery and freight. Drawing from his experience launching Uber Eats and optimizing trucking fleets at Motive, Stansell co-founded Axle Health in 2020 with Connor Hailey to solve one of healthcare’s most complex problems efficiently delivering care at home.
This May, Axle Health announced a $10 million Series A round led by F-Prime Capital, with backing from Y Combinator, Pear VC, and Lightbank. The funding marks a pivotal moment as Axle transitions from a services business into the infrastructure layer powering home health logistics.
Originally operating as a tech-enabled care provider, Axle made a bold pivot in 2023. Instead of delivering care itself, it began licensing its logistics platform to traditional home health agencies and hospital systems. That platform now handles clinician scheduling, route optimization, and patient engagement all driven by AI.The month of May witnessed notable venture capital activity across the AI sector, with companies securing significant funding rounds to fuel their growth and innovation initiatives. The month’s funding landscape demonstrated continued investor confidence in AI-driven solutions and specialized technology platforms addressing industry-specific challenges.
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