Raison | top-tier venture deals from $1

2023-03-07 12:59:59 Top 5 private companies in the generative AI

CB Insights estimates that at least 250 private companies are working on such technologies today. At the same time, most of them are startups at an early stage of development.

Only 5 unicorn startups have crossed the $1B valuation threshold:

OpenAI ($29B)
Hugging Face ($2B)
Lightricks ($1.8B)
Jasper ($1.5B)
Glean ($1B)
Stability AI ($1B)

The market leader, of course, is OpenAI. Its capitalization is 10+ times higher than that of other companies, accounting for the industry's lion's share of venture financing.

From 2017 to the beginning of 2023, OpenAI alone raised about $11B, while all other startups in the generative AI market combined — $5+ B.

Interestingly, growth was also recorded last year, which could have been more successful for the venture capital market. In 2022, compared with 2021, the volume of venture investments in the industry increased by 70%. Open / Comment

2023-03-02 14:29:19 Scale AI, Rappi, Sift, Standard AI, and Drip Capital are on the list of the best Y Combinator companies.

Accelerator Y Combinator has presented a new version of the rating of its most successful graduates.

The list includes 294 private companies with a capitalization above $ 150 million. All of them were trained at the accelerator, and many also received investments from it.

Distribution of companies from the rating by industry:

— B2B software and services: 43%
— Financial technologies: 19%
— Consumer Tech: 13%
— Healthcare: 12%
— Industry: 7.0%
— Real estate and construction: 3%
— Education and public administration: 3%

Among the rating, participants are five companies, investments currently available through Raison: Scale AI, Rappi, Sift, Standard AI, and Drip Capital. Open / Comment

2023-03-01 14:29:50 After the qualifying pitch session, Raison was invited to the largest startup conference in Estonia, sTARTUp Day , among the 35 most exciting and promising startups, for a presentation on the stage in Tartu from more than 500 submitted projects.

On March 16, we will try very hard to impress more than 60 funds in Europe and Estonia. Open / Comment

2023-02-28 14:48:42 Great news guys!
Sift is available on Raison

Sift is a company providing fraud detection and prevention solutions. It combines big data and machine learning to find patterns and detect fake accounts, payment fraud, account takeover, and content abuse. Various industries use Sifts technology, including e-commerce, marketplaces, financial services, and travel.

Join the path to build a safer online world. Open / Comment

2023-02-20 18:24:51 Portfolio Digest: SpaceX, Rubrik, Standard AI etc.

SpaceX continues to launch Starlink internet in new territories. Over the past week, the service started operating in Italy, Iceland, Brazil, Colombia. Additionally, SpaceX conducted the first static fire test of the engines of the Starship spacecraft.

And recently, SpaceX has successfully launched rockets on 2 separate occasions within a single day, staying on their mission to have 100 launches in 2023.

Over the past 4 months Rubrik has increased annual revenue from its software subscriptions from $400M to $500M and the number of customers from 4,500 to 5,000.

The Standard AI has absorbed the Skip startup. Standard AI creates technologies for stores without cash registers and Skip — self-service cash registers.

Consensys MetaMask team promises currency purchases using bank cards. The latest partnership with the Mercuryo payment system will enable users to purchase 19 fiat currencies and 18 digital assets directly from the app Open / Comment

2023-02-17 17:39:39 Introducing Sift!

You thought we were done with the AI hype? We are just getting started!

Sift is a company providing fraud detection and prevention solutions. It combines big data and machine learning to find patterns and detect fake accounts, payment fraud, account takeover, and content abuse. Various industries use Sifts technology, including e-commerce, marketplaces, financial services, and travel.

The company is currently in its Late Stage and is estimated to be valued at $2.35B!

Sifts mission?

Help everyone trust the internet. The company believes that trust and safety are fundamental to every online interaction.

Get ahead of the game and be the first to pre-order Sift in Raison app now!
Join the path to build a safer online world. Open / Comment

2023-02-14 17:56:16 "As the world continues to adopt digitalization and simplicity in its services, Raison commits to following these trends and creating solutions that meet today's needs of investors,” Alex Zaytsev, Raison CEO and co-founder Open / Comment

2023-02-13 15:17:53 Exciting news!

Raison is selected as one of the TOP 40 startups to pitch at sTARTUp Day 2023, the biggest business festival in the Baltics.

As our team gears up for the main event on the 17th of March, wait for an update on the pre-finals on the 15-17, 20 February 2023

Please show your support as we showcase our innovative solution and take the stage by storm! Open / Comment

2023-02-09 19:34:19 The impressive growth of MetaMask Institution and other news from ConsenSys

Excellent results of the crypto wallet for institutional investors Metamask Institution in 2022. The total value of cryptocurrency assets on the platform has increased by 60 times (an increase of 8% weekly during the year). The number of users has increased 4 times.

MetaMask has announced integration with the Banxa. This will simplify the purchase of cryptocurrencies for MetaMask users in Canada, the Netherlands, Australia etc. and reduce fees for users in other countries.

Also, ConsenSys will focus on developing its most popular products — the Metamask crypto wallet and the Infura platform. In this regard, the company will be unable to support some additional services.

The staking function has been launched in the MetaMask Portfolio Dapp. And a training platform simulator MetaMask Learn, which will help novice users to understand the world of digital assets. Open / Comment

2023-02-06 17:21:52 ChatGTP has become the most popular user application in history, judging by the growth rate of its audience.

In January, just two months after launch, the platform reached 100 million monthly active users. TikTok achieved the exact figure in 9 months, and Instagram in 2.5 years.

Meanwhile, OpenAI has started to monetize its flagship product. Yesterday, she presented a paid version of the service - ChatGPT Plus, worth $20 per month.

Subscribers will enjoy several benefits: use during peak hours, faster response, and priority access to new features.

While ChatGPT Plus has been launched in the US for waiting list members, the company plans to expand the geography “in the near future.”

You can still place the pre-order and become a co-owner on OpenAI Open / Comment