Gravity

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!

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

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 optica.xyz Connect on LinkedIn: linkedin.com/in/ryanagresta

Ex-CEO at Compound Labs launches Legend Trade, earn, and borrow digital assets, instantly and seamlessly, without centralized parties. Location: United States legend.xyz Connect on LinkedIn: linkedin.com/in/jaysonhobby

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 revyl.ai Connect on LinkedIn: linkedin.com/in/anam-h-5b37…

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 aiguardianapp.com Connect on LinkedIn: linkedin.com/in/bart-layton

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 veovera.org Connect on LinkedIn: linkedin.com/in/craigbarber…

Ex-Software Engineer at Google launches Relvy Relvy automates software reliability so engineers can spend more time innovating. Location: United States relvy.ai Connect on LinkedIn: linkedin.com/in/bharathpbhat

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 accelhealth.ai Connect on LinkedIn: linkedin.com/in/osvaldo-ruiz

Ex-Senior Software Engineer at Zillow launches BismuthOS Effortlessly build, deploy, and manage apps and infrastructure. Location: United States bismuthos.com Connect on LinkedIn: linkedin.com/in/iantbutler01

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 deepdivetech.ai Connect on LinkedIn: linkedin.com/in/viniciusagu…

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 pricklypear.io Connect on LinkedIn: linkedin.com/in/imenmaarouf…

Ex-Staff Software Engineer at Tesla launches DearX DearX is a startup in stealth mode. Location: United States dearx.com Connect on LinkedIn: linkedin.com/in/engincan

Ex-Product Manager at Redfin launches Kastle Helping sales teams in real estate close more with less work Location: United States kastle.ai Connect on LinkedIn: linkedin.com/in/choudharyri…

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 sanai.app Connect on LinkedIn: linkedin.com/in/heriberto-m…

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 meridian.space Connect on LinkedIn: linkedin.com/in/bajtos

Ex-Software Engineer at Porter launches Parley The AI legal writer for immigration firms. Location: United States parley.so Connect on LinkedIn: linkedin.com/in/ian-edwards

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 saber.app Connect on LinkedIn: linkedin.com/in/rehmanabdur

Ex-Software Engineer at Microsoft launches actionbase Improving the reliability and robustness of web automations. Location: United States actionbase.co Connect on LinkedIn: linkedin.com/in/adam-mcquil…

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 eternos.life Connect on LinkedIn: linkedin.com/in/rlocascio