Four AI startups secure 36 million in funding from top investors
Investors have committed millions to startups specializing in legal tech, cybersecurity, agent testing, and productivity solutions.
Investors poured $35.9 million into four AI startups in April, showcasing continued enthusiasm for AI innovations across sectors like legal tech, cybersecurity, and productivity tools. The startups—Qevlar, HoneyHive, Solve Intelligence, and Delos—attracted backing from prominent investors including 20VC, Insight Partners, and Y Combinator.
Qevlar: Autonomous Security Platform
- Funding: $14 million
- Investors: EQT Ventures, Forgepoint, Datadog CEO Olivier Pomel
- Focus: AI agents for autonomous security investigations
- Clients: Fortune 500 companies and security providers in Europe
- Next Steps: Doubling team size in three months
HoneyHive: AI Observability
- Funding: $7.4 million
- Lead Investor: Insight Partners
- Focus: Platform for testing and evaluating AI agents
- Problem Solved: Preventing AI agents from breaking unexpectedly
- Goal: Expand product development and team
Explore HoneyHive's pitch deck
Solve Intelligence: Legal Tech Innovation
- Funding: $12 million
- Investors: 20VC, Microsoft's venture fund, Y Combinator
- Focus: AI-powered IP patenting tools
- Clients: DLA Piper, Finnegan
- Growth: 25% monthly revenue increase, now profitable
Delos: Productivity Boost
- Funding: $2.5 million
- Lead Investor: 20VC
- Focus: Generative AI for office tasks (summaries, translations, collaboration)
- Model: Credit-based usage pricing
- Plan: Expand engineering and sales in Europe
These startups exemplify the diverse applications of AI attracting investor interest, from security to legal tech and workplace productivity.
About the Author
Dr. Emily Wang
AI Product Strategy Expert
Former Google AI Product Manager with 10 years of experience in AI product development and strategy formulation. Led multiple successful AI products from 0 to 1 development process, now provides product strategy consulting for AI startups while writing AI product analysis articles for various tech media outlets.