TARS Valuation, Funding & Investors

Flourish is a New York-based artificial intelligence company, co-founded in 2024 by Thomas Reardon and Rob Williams, that is developing Cortex AI, a brain-inspired architecture built on connectomics research aimed at replicating the efficiency of the human brain. The company targets an operating power draw of 20 to 50 watts, far below the energy conventional large language models require. Reardon previously created Internet Explorer and founded the neurotech startup CTRL-labs, sold to Meta in 2019; Williams is a former member of Amazon's S-team.

webAI is a Berlin-headquartered developer of on-device artificial intelligence tools since 2020. Its platform allows deployment of computer vision and natural language models directly on smartphones, laptops, and embedded systems without cloud servers. Compatible with TensorFlow Lite and Core ML, webAI serves automotive manufacturers, healthcare device makers, and mobile app developers processing data under GDPR privacy rules. The company raised Series A funding in 2022 to expand its model quantization engine for edge computing.

Machxin Technology is a semiconductor company based in Shanghai, China, founded in 2026. The company designs integrated circuit chips and the software platforms that run on them. Its products are built around custom dynamic dataflow architectures aimed at AI workloads and edge-computing applications. The company targets automotive-grade inference hardware, matching chip layout to algorithms to improve scaling efficiency for transportation and other commercial uses. Revenue is expected to come from chip sales and related technical services.

Shenzhen Intellifusion Technologies Co Ltd is engaged in providing customers with self-developed core products such as algorithm software and chips with artificial intelligence algorithms and chip technology as the core products. The company’s products include chip products; modules and cards; and IP licensing and customization services.

Unico IDtech is a São Paulo-based developer of biometric identification platforms centered on facial recognition. The company delivers solutions for digital onboarding, document verification, and paperless processes across financial services, government, and enterprise sectors in Brazil and Latin America.

HoneyBook is a San Francisco- and Tel Aviv-headquartered platform providing AI-integrated management tools for independent professionals in photography, event planning, and design. Features encompass client proposals, contracts, invoicing, and scheduling automation. Founded in 2013, it serves creators worldwide with offices supporting remote teams and integrations for calendars and payment processors.

Volta is an integrated platform for AI infrastructure that develops, finances, builds, and runs AI factories by combining institutional capital, powered land, data centers, compute, software, and operations.

Ncino Inc is a provider of cloud-based software for financial institutions. Its software solution digitizes, automates, and streamlines inefficient and complex processes & workflows and utilizes data analytics & artificial intelligence that enables financial institutions to onboard new clients, make loans, and manage the entire loan life cycle, open deposits, and other accounts, and manage regulatory compliance. It also offers professional services, including configuration & implementation, training, and advisory services. The company generates the majority of its revenue from subscription services. The company caters to financial institutions, enterprise banks, regional banks, community banks, and credit unions. The vast majority of its revenue comes from the United States.

Sourcegraph is a code intelligence platform offering universal search across massive, multi-language codebases hosted on GitHub, GitLab, and other repositories. Developers rely on its features for precise code navigation, contextual insights in pull requests, batch editing campaigns, and AI-powered code understanding. The San Francisco-headquartered company, founded in 2013, integrates with IDEs such as VS Code, IntelliJ, and Eclipse. Sourcegraph supports enterprises like Uber, Twilio, Expedia, and CERN through self-hosted and cloud deployments. Its remote-first team delivers open-core tools that accelerate onboarding, reviews, and refactoring in distributed development environments.

Liquid AI is a Boston-headquartered AI research lab spun out from MIT in 2024. The company trains Liquid Foundation Models on long-context data for enterprise tasks like code generation and document summarization. Deployments run on AWS and Azure with support for 100k token contexts. Liquid AI serves financial analysts at State Street processing SEC reports.

AppsFlyer is a Tel Aviv-headquartered mobile marketing analytics firm that provides attribution, fraud prevention, deep linking, and privacy-focused data tools to over 10,000 technology partners. Thousands of brands utilize its platform for customer journey measurement, data clean rooms, and engagement automation across iOS and Android ecosystems. Supporting GDPR and CCPA compliance, AppsFlyer processes billions of events daily to safeguard ad spend and enhance user experiences via www.appsflyer.com.

Valon is a mortgage servicing technology company that sells ValonOS, an AI-native operating system for loan servicing. The platform acts as a single system of record for loan data, payments, escrow activity, workflows, exceptions and audit trails, with AI agents running on the same record. Valon operated a mortgage servicing business itself for about six years before turning that operation into software. It reports more than $200B in unpaid principal balance on the platform, and says one in six U.S. mortgages is contracted to run on ValonOS. The company raised a $150M Series D at a $2.3B valuation. Valon is headquartered in New York City and was founded in 2019.

InSilico Medicine Cayman TopCo is engaged in applying artificial intelligence (AI) solutions to drug discovery and development by leveraging its proprietary platforms. It has generated multiple clinical-stage or IND-enabling assets using Pharma.AI, an AI-enabled platform that supports drug discovery and development activities. The company operates under a project-based business model, deriving revenue from out-licensing and collaboration arrangements. Geographically, the company generates revenue from multiple countries, with the majority of the revenue coming from United States.

Palo Alto-headquartered Turing is a leading AI company that partners with top laboratories to enhance model capabilities in reasoning, coding, multimodality, and STEM domains. It deploys these advancements into enterprise solutions for Fortune 500 clients and government agencies. Recognized by Forbes as one of America's Best Startup Employers, The Information's top B2B company, and Fast Company's Most Innovative Companies list. Leadership draws from Meta, Google, Microsoft, Stanford, and MIT. The platform operates via turing.com.

KoBold Metals is a Berkeley, California-headquartered exploration company using AI, machine learning, and geophysical data to discover battery metal deposits globally. The firm targets cobalt, copper, and lithium for electric vehicles, operating projects in Zambia, North America, and Australia. KoBold partners with investors like Breakthrough Energy Ventures and Andreessen Horowitz.

Intsig Information Co Ltd is an industry-leading tech company specializing in business data, artificial intelligence, and mobile applications. It is engaged in providing digital and intelligent products and services to global C-end users and B-end customers in diverse industries. INTSIG focuses mainly on Optical Character Recognition (OCR) technologies and currently holds over 110 global invention patents. Its products support more than 50 languages and can recognize many types of documents, including business cards, IDs, bank cards, and transactional documents such as invoices, receipts, packing lists contracts, etc. It also provides integrated OCR+Data+AI solutions that deliver competitive advantages in various industries, including manufacturing, banking, retail, securities, etc.

Dream Security is a Seoul-headquartered cybersecurity provider offering AI-driven threat detection, incident response, vulnerability management, and cloud security services. The company monitors network anomalies, conducts penetration testing, and delivers security awareness training alongside compliance consulting. Part of Dreamtech Group, it supports enterprises with strategies for regulatory adherence in finance, healthcare, and government sectors across Asia.

Forter is a New York-headquartered fraud prevention platform providing real-time decisioning engines for e-commerce merchants. Founded in 2013, it processes over $100 billion in annual GMV for clients including Sephora, Nordstrom, and Instacart. Forter's identity-based system approves legitimate transactions at scale, reducing chargebacks by analyzing 1,000+ data points per checkout without passwords or CAPTCHAs.