The first group of 18 companies will benefit from Anthology’s $100 million fund They were jointly launched last July By Anthropic and Menlo Ventures. Since its announcement last July regarding this initiative, the Fund says it has received thousands of applications. Thus, carefully selected young startups will be able to benefit from access to humanitarian startup models, in the form of credits and technical advice.
Winners who join the fund will be able to rely specifically on Anthropic’s Claude 3.5 Sonnet which has proven to excel at tasks such as code generation, thus taking from several weeks or months to just a few days to complete certain tasks.
VC plays its own role
For its part, the venture capital company will provide them with strategic development support, in particular by leveraging its network. “Venture capital firms have largely focused on the foundational layers of AI — hardware and models. Now the focus is shifting to delivering real-world value through transformative end-user applications.” said Didi Das, Director, Menlo Ventures.
“The Anthropic Fund’s inaugural collection is exactly what we envisioned when we launched this initiative with Anthropic.” said Matt Murphy, partner at Menlo Ventures. “From pioneering research into model interpretability to revolutionizing healthcare delivery, these 18 companies represent the incredible diversity of innovation possible with cutting-edge AI technology.”
The first group affects many sectors
The companies selected span a variety of industries, including research with Mercor (which trains models that can predict job performance better than a human), All Hands (an open source AI platform for independent engineering development software, powered by AI and LLMs) or Goodfire (An applied research lab building AI interpretation tools.)
Finance is represented by Crosswise (a self-built compliance management system for banks and fintech companies), Acordance (an AI platform designed for tax, audit and CPA teams), as well as Health with Brellium – automating the review of medical records using clinically validated AI) and Neo Lantern (specializing in medical image analysis using artificial intelligence).
Consumption (with Alma), security (Astrix) and CRM (BeHeard) are also represented. Mercor and Atrix are considered the two most advanced companies. The first, based in San Francisco, completed A A $32 million financing round Last September from Benchmark, Peter Thiel and other investors. The second is of recent Israeli origin Raised $45 million Series B round.
In addition to the companies mentioned above, the first group of companies backed by the Anthology Fund includes eight stealth-mode startups whose names have not been revealed. They have either done a seed fundraising – see seed funding – or a Series A.
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