Vertical AI Assistants - Healthcare, Legal, Coding, HR, Sales, Finance
There is Tremendous Potential for Vertical AI Assistants - Here Are Some of Them.
Business Assistants are “the” sweetspot when it comes to applications for Generative AI. There is tremendous potential for speeding up and automation of a variety of business processes in many sectors, including healthcare, recruiting, software development, legal research, financial modeling and revenue enablement. Below is a selection of seven early stage Vertical AI Assistants that received funding in 2023 from VCs such as Khosla, 8VC, Google Ventures, Conviction, AME Cloud Ventures, Soma Capital and others.
Plenful provides a flexible solution to automate pharmacy operations workflows that can integrate with disparate data sources and configure customer-specific rules. Its No-Code, AI-enabled product can do tasks such as fax automation and data entry for onboarding and referral orders. Its target market are long-term care and specialty pharmacies and compounding pharmacy manufacturers. Based in San Francisco, CA Plenful last raised a US$9M Seed round in September 2023 from Bessemer and Waterline Ventures.
Automat is a business automation assistant that allows companies to build custom workflows and speed up their operations. It can be applied in various sectors, such as:
Insurance providers can automate claims processing with PDF extraction, enhance 'Know Your Business' verification, and manage policy administration.
In e-commerce, Automat can be used to manage order refunds efficiently, ease account administration tasks, and set up discounts systematically.
In healthcare, it can streamline billing, insurance verification and integrate lab and pharmacy data for a coheive patient care experience.
In private equity firms, it can help automate deal discovery, expedite due diligence, and streamline portfolio oversight.
In the legal sector, automation streamlines case management, document review, and client communication.
In construction companies, it can help with permits and renewals, procurement and blueprints and plans assembly.
Based in San Francisco, CA Automat raised a US$3.75M Seed round in September 2023 from Initialized, Khosla, Schox, Goodwater, Y Combinator and others.
Grit is an AI tool that focuses on software code maintenance tasks, such as migrations, dependency upgrades, regression detection and fixing of technical debt. The coding copilot uses ML and static analysis to auto-generate pull requests to clean up technical debt, complete migrations faster, detect feature regressions and automate coding best practices. Currently in beta, Grit supports JavaScript, TypeScript, Python, CSS and Terraform and it can be used through GitHub, VS Code and command line. With headquarters in New York, NY, the company last raised a US$7M Seed round in August 2023 from VCs including Founders Fund, 8VC, CoFound Partners, Quiet Capital, Operator Partners, Silicon Valley Angel and AME Cloud Ventures.
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Arkifi is a workflow automation tool which can act as a financial analyst. Targeted at investment banking, hedge funds and private equity funds, it can help with information retrieval on public markets, formatting spreadsheets, building models and explaining and interpreting results and financial models. Based in Palo Alto, CA, Arkifi raised a US$9M Seed round in August 2023 from VCs inclusing Khosla, Soma Capital, Modern Venture Partners and Correlation Ventures.
Harvey is a legal AI assistant which integrates with law firms to help with legal research, due diligence and administrative tasks. Based in San Francisco, CA, it raised a US$21M Series A in April 2023 led by Sequoia with participation from the OpenAI Startup Fund, Conviction and SV Angel.
Regie is the generative AI platform for sales teams. It helps Revenue Operations and enablement teams to consinuously predict who to contact, when and with what tailored message to do so. Based on intent signals, the tool surfaces engaged leads to sales reps and nurtures the rest of the lead list. Regie also helps Go-To-Market teams easily create and publish custom sequences to their sales engagement platform. It can research contacts, write personalized messages and speed up the prospecting workflow. It comes with a Chrome extension and integrations with a variety of tools, such as Gmail, Outlook, Salesloft, HubSpot, Apollo and Salesforce. Based in San Francisco, CA, Regie last raised a US$6M Series A in February 2023 from VCs such as Khosla, Day One Ventures, Scale Venture Partners, Foundation Capital and South Park Commons.
Moonhub is an AI-enabled partner to recruiters that is able to understand hiring requirements in natural language and help search, message and strategize around the hiring process. With the tagline “Create human connection at scale in minutes”, the AI assistant can also help make candidate shortlists, discover matches from over 1 billion profiles across platforms and enlist human experts to source, screen and manage the hiring process. Based in Menlo Park, CA, Moonhub last raised a US$4.4M Seed round in February 2023 from VCs including Khosla, Google Ventures, Day One Ventures and AIX Ventures.
Are you building or using an interesting AI Assistant? Let me know so I can check it out!
Alex, great article. keep up the great work. your summaries are helpful..Paul