The Natural Language Processing sector is attracting major investment from around the world. Companies are developing tools for everything from search engines to business automation.
Industry giants like OpenAI have secured funding up to $78 billion. Meanwhile, international players like France's Mistral AI show the global competition with €2.8 billion in funding.
Below is our list of 100 Natural Language Processing startups worth keeping an eye on.
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Get the Sheet for $50Perplexity has developed an AI-powered answer engine that provides accurate, real-time responses to user questions. Their platform combines the capabilities of a search engine with a conversational interface to deliver cited, reliable information.
| Headquarters | San Francisco, California, United States |
| Year Founded | 2022 |
| Founders | Andy Konwinski, Aravind Srinivas, Denis Yarats, Johnny Ho |
| Funding Amount | $1.5B |
| Startup Size | Mid-Size Team (51-250) |
| Last Funding Status | Venture Round |
| Top Investors | NVIDIA, Accel, Bessemer Venture Partners, New Enterprise Associates, IVP |
OpenAI builds and deploys advanced artificial intelligence models through its work as a research company. Its conversational AI, ChatGPT, brought the power of large language models to a global audience.
| Headquarters | San Francisco, California, United States |
| Year Founded | 2015 |
| Founders | Andrej Karpathy, Durk Kingma, Elon Musk, Greg Brockman, Ilya Sutskever, John Schulman, Pamela Vagata, Sam Altman, Trevor Blackwell, Vicki Cheung, Wojciech Zaremba |
| Funding Amount | $78B |
| Startup Size | Major Organization (1,001-5,000) |
| Last Funding Status | Venture Round |
| Top Investors | Andreessen Horowitz, TPG, NVIDIA, Citi, Khosla Ventures |
Mistral AI develops a range of large language models, with a strong focus on open-source solutions for developers and enterprises. Their models are known for being highly efficient and customizable, allowing them to be deployed in diverse business environments.
| Headquarters | Paris, Ile-de-France, France |
| Year Founded | 2023 |
| Founders | Arthur Mensch, Charles Gorintin, Guillaume Lample, Jean Charles Samuelian, Timothee Lacroix |
| Funding Amount | €2.8B |
| Startup Size | Large Team (251-1,000) |
| Last Funding Status | Series C |
| Top Investors | Andreessen Horowitz, General Catalyst, NVIDIA, Bpifrance, Lightspeed Venture Partners |
Writer builds a full-stack generative AI platform for enterprises to create consistent content and automate work. Their tools help teams embed secure, custom language models into any business process or application.
| Headquarters | San Francisco, California, United States |
| Year Founded | 2020 |
| Founders | May Habib, Waseem AlShikh |
| Funding Amount | $326M |
| Startup Size | Mid-Size Team (51-250) |
| Last Funding Status | Series C |
| Top Investors | Insight Partners, B Capital, Radical Ventures, Salesforce Ventures, Workday Ventures |
Vectara created a generative AI platform that allows developers to easily add features like semantic search and summarization into their own products. Their core technology emphasizes grounded generation, which prevents AI hallucinations by ensuring answers are based on the developer's provided data.
| Headquarters | Palo Alto, California, United States |
| Year Founded | 2022 |
| Founders | Amin Ahmad, Amr Awadallah, Tallat Shafaat |
| Funding Amount | $53.5M |
| Startup Size | Lean Team (11-50) |
| Last Funding Status | Series A |
| Top Investors | Alumni Ventures, Samsung NEXT, FPV Ventures, Vertex Ventures, Fusion Fund |
HappyRobot has developed an operating system for building and managing an AI workforce. Companies use their platform to automate complex business processes and workflows.
| Headquarters | San Francisco, California, United States |
| Year Founded | 2022 |
| Founders | Javier Palafox, Luis Paarup, Pablo Palafox |
| Funding Amount | $60.7M |
| Startup Size | Lean Team (11-50) |
| Last Funding Status | Series B |
| Top Investors | Andreessen Horowitz, Base10 Partners, Y Combinator, Samsara, World Innovation Lab |
Dialpad offers an AI-powered platform that brings together a company's contact center, sales dialer, voice system, and meetings into one workspace. Its built-in AI analyzes every conversation to provide real-time coaching, automated summaries, and valuable customer insights for sales and support teams.
| Headquarters | San Ramon, California, United States |
| Year Founded | 2011 |
| Founders | Alex Cornell, Brian Peterson, Craig Walker, John Rector |
| Funding Amount | $450M |
| Startup Size | Major Organization (1,001-5,000) |
| Last Funding Status | Series F |
| Top Investors | Andreessen Horowitz, ICONIQ Growth, S32, Scale Venture Partners, ICONIQ Capital |
Upstage develops custom large language models and AI-powered document processing tools. Their technology helps businesses automate data extraction and analysis to improve workflow management.
| Headquarters | Yongin, Ch'ungch'ong-namdo, South Korea |
| Year Founded | 2020 |
| Founders | Hwalsuk Lee, Lucy Park, Sung Kim |
| Funding Amount | $170.4M |
| Startup Size | Mid-Size Team (51-250) |
| Last Funding Status | Series B |
| Top Investors | SBVA, Premier Partners, AMD, InterVest Co., Primer Sazze Partners |
Deepgram builds AI speech-to-text models that allow developers to transcribe and understand audio data. Their platform offers a suite of APIs for transcription, audio intelligence, and text-to-speech, known for its speed and accuracy.
| Headquarters | San Francisco, California, United States |
| Year Founded | 2015 |
| Founders | Noah Shutty, Scott Stephenson |
| Funding Amount | $85.9M |
| Startup Size | Mid-Size Team (51-250) |
| Last Funding Status | Series B |
| Top Investors | NVIDIA, BlackRock, Madrona, Wing Venture Capital, Y Combinator |
Aisera builds an Agentic AI platform that automates service management operations for large companies. The platform uses generative AI to resolve user requests and automate workflows across departments like IT, HR, and customer service.
| Headquarters | Santa Clara, California, United States |
| Year Founded | 2017 |
| Founders | Abhi Maheshwari, Christos Tryfonas, Muddu Sudhakar |
| Funding Amount | $164.5M |
| Startup Size | Large Team (251-1,000) |
| Last Funding Status | Series D |
| Top Investors | Norwest Venture Partners, Menlo Ventures, Khosla Ventures, Goldman Sachs, First Round Capital |
90 Additional Natural Language Processing Startups Worth Following
Our top ten picks are just a small sample of the activity happening in this space. Together, the companies on this list have raised over $3.7 billion to build tools for industries ranging from AI and analytics to healthcare.
The field includes both established players and brand new startups founded in the last couple of years. Here’s a look at the other 90 companies that are catching our attention.