The top private companies building with and enabling AI & GenAI applications that will shape our future.

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October 1 & 2, 2024 Four Seasons, Seattle
October 1 & 2, 2024 Four Seasons, Seattle
The IA40 highlights the top 40 private companies building intelligent applications.
Determined by a research-driven process based on objective data, curation by over 70 of the most prominent AI venture capitalists and strategic investors, and in partnership with Pitchbook's AI engineers.

The IA40 2024  is the 4th annual list presented by Madrona.
See The List
1
Canva
Models & More
2
Runway
Models & More
3
Snyk
Security
4
Abnormal
Security
5
Notion
Productivity
6
Adept
Productivity
7
Replit
Coding
8
Wiz
Security
9
Airtable
Productivity
10
Ironclad
Legal
2021 IA40 Highlight
2021: Raised $10 million
2024: Used by major studios, including in the 2023 Oscar-winning film "Everything Everywhere All at Once." Raised to date: $236 million
2022 AI Highlight
2022: Raised $156 million
2024: Hits $39 million in annualized revenue, up from $10 million in 2023. Raised $200 million at a $2.2 billion valuation. Raised to date $356 million.
2023 IA40 Highlight
2023: Raised $32 million
2024: A challenger to Google in Search. A $1 billion valuation. Raised $174.3 million

The latest stories from IA40

What are Intelligent Applications?

Intelligent applications employ AI models and GenAI techniques to build and enable the building of applications that transform business execution and enhance consumer experiences.
1
Data Intelligence
Leverage unstructured and structured data to build contextually relevant applications.
2
Address Consumer Needs
Streamline workflows using models and agents to create new customer experiences.
3
Leverage New Enabling Technology
Enablers are the systems and technologies that enable builders to leverage data and computational power to train and operate intelligent applications at scale.
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