📌 20 AI Startups raises $1.5B+

BONUS: Emerging Trends in AI Pricing From Bain Capital Ventures

September 30, 2025

TODAY’S FUNDING RECAP 🗓️

  • Modal raises a $87M Seed — Serverless AI compute

  • Alex AI raises a $17M Series B — Recruiting assistant

  • Anything raises a $11M Series A — AI app builder

  • 17 more rounds caught by my funding tracker

Read time: 3 minutes

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TOP PICKS 📢

1/3

Amount: $87M 🎉

Valuation: $1.1B

Round: Series B

Lead Investor: Lux Capital

Modal is a serverless compute platform for AI model training, inference pipelines, and large-scale batch workloads.

It provides code-first APIs for compute, storage, and networking which abstracts traditional cloud components like VMs, config files, and provisioning. Developers can pool CPUs and GPUs across regions, launch environments with subsecond cold starts, and scale workloads through a unified interface.

2/3

Amount: $17M 🎉

Round: Series A

Lead Investor: Peak XV Partners

Alex is an AI recruiting agent that automates the early stages of the hiring funnel by conducting autonomous video and phone interviews.

Its voice-based system engages candidates soon after they apply, asking screening questions, checking availability and salary expectations, and writing structured feedback directly into recruiting systems like Greenhouse. The platform integrates natively into interview workflows, scheduling candidates automatically and generating detailed scorecards for recruiters.

3/3

Amount: $11M 🎉

Round: Series A

Lead Investor:

Anything is a full-stack AI app builder that turns natural-language prompts into production-grade web and mobile software.

A trained design model produces deployable UI, while a proprietary agent architecture manages infrastructure, state, and orchestration as projects scale. Users interact with the system through prompts and apps are generated end-to-end and shipped ready for monetization or app store distribution.

Notably, Anything reached a $2M ARR two weeks after their launch.

OTHER ROUNDS 🤏

ESSENTIAL INTRODUCTIONS

→ Nscale raises $1.1B Series B — AI hyperscaler and GPU cloud

→ Modular raises $250M Series C — AI inference platform

→ Factory raises $50M Series B — AI software development agents

→ Emergent raises $23M Series A — AI app builder for production apps

→ Lexroom AI raises $19M Series A — Legal AI assistant for research, document review, and drafting

BONUS 🔥

FOR CURIOUS MINDS

Sales Leaders See 5 Emerging Trends in AI Pricing

AI pricing is not about the technology itself. It’s about how clearly a company can define (and prove!) the value it creates.

baincapitalventures.com/insight/5-emerging-trends-in-ai-pricing-what-sales-leaders-are-seeing-on-the-frontlines

THAT’S IT FOR TODAY

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