Gravity

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[Drake Dukes @DDukes12]

The first-ever @ycombinator Fall batch kicks off today as an almost entirely AI-focused cohort.

87% of the Fall 2024 batch are AI startups—with 83 of 95 companies explicitly mentioning "AI" in their name, tagline, or description.

Been tracking this AI trend for YC batches over the past two years:

- 77% in Summer 2024
- 70% in Winter 2024
- 57% in Summer 2023
- 32% in Winter 2023

Kinda wild!

[David J Phillips @davj]

Happy YC S24 Demo Day!

Congratulations and best of luck to all of the founders presenting 🦾

Fun facts about the batch

Key Industries (AI is everywhere)
• 63% B2B SaaS (ex: 🈁 @wordware_ai - IDE to develop, iterate and deploy AI Agents)
• 10% Healthcare (ex: 🩺 @usemitohealth - AI Preventive Health Provider)
• 10% Industrials (ex: 🦾 @BucketRobotics - defect detection platform for manufacturing)
• 7% Fintech (ex: 🤖 @AskTaxGPT - AI Co-Pilot for Accountants)
• 6% Consumer (ex: 🎥 @JoinOverlap - Perplexity for video & audio content)
• 2% Real Estate & Construction (ex: 🏡 @ModernRealty_ - AI Realtor for Home Buyers)
• 1% EdTech (ex: 📚 @EducatoAI - AI Powered Worldwide exam prep platform)
• 1% GovTech (ex: 🚙 @OntraMobility - Platform for cities to optimize transit)

Growth
• The median company will raise $1.3M+ at $14M+ valuation cap
• The top 10% will raise $1.8M+ at $20M+ valuation cap
• 55% will go on to raise a series A
• 5.5% will go on to be valued at $1B+ 🦄

Top Tools
• 73%+ will use @brexHQ for business accounts, corporate cards, and expense management
• 70%+ will use @pulley for cap table management & 409a valuations
• 53%+ will use @posthog to analyze, test, observe, and deploy new features
• 35%+ will use @fondocom to put bookkeeping, taxes, and tax credits on autopilot
• 30%+ will use @supabase as the Open Source Firebase alternative

[Gravity @launchgravity]

Ex- Senior Director of Operations at Convoy launches Optica

Optica is a quantitative investment management solutions firm dedicated to producing exceptional returns for investors.

Location: United States

https://t.co/6nN4KeRfws

Connect on LinkedIn:
https://t.co/OkybG9Ueve

[Gravity @launchgravity]

Ex-CEO at Compound Labs launches Legend

Trade, earn, and borrow digital assets, instantly and seamlessly, without centralized parties.

Location: United States

https://t.co/RKDz4lg7bA

Connect on LinkedIn:
https://t.co/yeZq6vFU42

[Gravity @launchgravity]

Ex-Machine Learning Engineer at Uber launches Revyl

Revyl is an AI-enabled QA platform that allows teams to create, run, and maintain fully functional, automated E2E tests.

Location: United States

https://t.co/230DJyclqe

Connect on LinkedIn:
https://t.co/kPfGnnc02X

[Gravity @launchgravity]

Ex-SVP of Operations at CORL Technologies launches AI Guardian

A governance, risk and compliance (GRC) software platform that tracks and manages the use of AI across businesses.

Location: US

https://t.co/TmvpEMz2Cw

Connect on LinkedIn:
https://t.co/C4Su0e5aci

[Gravity @launchgravity]

Ex-Head of Media & Entertainment Industry Solutions at ServiceNow launches VSO

A not-for-profit organization to help enhance software for public good.

Location: United States

https://t.co/zQooaynUXc

Connect on LinkedIn:
https://t.co/bw3Rzg2dUe

[Gravity @launchgravity]

Ex-Software Engineer at Google launches Relvy

Relvy automates software reliability so engineers can spend more time innovating.

Location: United States

https://t.co/lmFxxMdMRr

Connect on LinkedIn:
https://t.co/Wx6QMWZULr

[Gravity @launchgravity]

Ex-Vice President Of Engineering at Finch launches Accel Health

Accel Health is building a next-generation platform to disrupt healthcare recruiting, powered by automation and AI

Location: United States

https://t.co/gLWUy19CTE

Connect on LinkedIn:
https://t.co/jmGVYp5myj

[Gravity @launchgravity]

Ex-Senior Software Engineer at Zillow launches BismuthOS

Effortlessly build, deploy, and manage apps and infrastructure.

Location: United States

https://t.co/0U5S3sIu6e

Connect on LinkedIn:
https://t.co/SuA7K4ibrl

[Gravity @launchgravity]

Ex-Head of DCM & Operations at Trybe launches Deepdive

Deepdive is the platform that is empowering the pharmaceutical industry's sales team throughout their entire journey.

Location: Brazil

https://t.co/yja3QmuiHX

Connect on LinkedIn:
https://t.co/usW24PUQbW

[Gravity @launchgravity]

Co-Founder of Point Motion launches Prickly Pear Health

Prickly Pear is the NextGen Digital Health Solution for better brain health during the menopausal journey.

Location: United States

https://t.co/t30fZESpb9

Connect on LinkedIn:
https://t.co/rhebEw0yeJ

[Gravity @launchgravity]

Ex-Staff Software Engineer at Tesla launches DearX

DearX is a startup in stealth mode.

Location: United States

https://t.co/rPDi5SQtME

Connect on LinkedIn:
https://t.co/i4s5zlZtyq

[Gravity @launchgravity]

Ex-Product Manager at Redfin launches Kastle

Helping sales teams in real estate close more with less work

Location: United States

https://t.co/t0sRUduu9g

Connect on LinkedIn:
https://t.co/UBBlHatApH

[Gravity @launchgravity]

Ex-Head of Enterprise Engineering at Reddit launches SANAI

Sanai is a AI-mediated SaaS platform specifically targeting life-science operations and development.

Location: United States

https://t.co/QR4AF5xa9k

Connect on LinkedIn:
https://t.co/ajkv9LpiBq

[Gravity @launchgravity]

Ex-Senior Software Engineer at Protocol Labs launches Space Meridian

Creators of the Filecoin Station Network, SPARK Filecoin Retrieval Testing, and the Meridian Impact Evaluator Framework.

Location: UK

https://t.co/YUqC6msKDS

Connect on LinkedIn:
https://t.co/FARS1KXwg3

[Gravity @launchgravity]

Ex-Software Engineer at Porter launches Parley

The AI legal writer for immigration firms.

Location: United States

https://t.co/l49nQ4DQYl

Connect on LinkedIn:
https://t.co/JGLF2BbTRM

[Gravity @launchgravity]

Ex-Head of Sales at MessageBird launches Saber

Saber helps sales and sales enablement teams save time by providing sellers with on-demand, contextual guidance and answers to questions.

Location: Netherlands

https://t.co/mDkQBUs9Oy

Connect on LinkedIn:
https://t.co/9gEyEzFQBK

[Gravity @launchgravity]

Ex-Software Engineer at Microsoft launches actionbase

Improving the reliability and robustness of web automations.

Location: United States

https://t.co/YLJPPpXTvj

Connect on LinkedIn:
https://t.co/iSDhwCPMPa

[Gravity @launchgravity]

Founder & ex-CEO at LivePerson launches Eternos

AI legacy platform where people can make a very high quality AI of themselves for future generations.

Location: United States

https://t.co/ZvCQCv94Ow

Connect on LinkedIn:
https://t.co/KHyrkpJPXG