
TollBit, an AI startup focused on transforming how users find information through AI-powered search engines, has successfully raised $24 million in Series A funding. The funding round was led by Lightspeed Ventures, as reported by Axios. The company recently launched a content monetization marketplace aimed at publishers and AI companies, further enhancing its innovative approach to information retrieval. This funding marks a significant milestone for TollBit as it continues to develop its technology to deliver direct answers rather than directing users to publishers. Additionally, another AI startup, Tennr, has raised $37 million in Series B funding to automate healthcare document processing, highlighting a growing trend of investment in AI-driven solutions across various sectors.
BDMI congratulates portfolio company @TollbitOfficial on their $24 million Series A funding! https://t.co/HmvBfoR0Su
Congratulations to Tennr on securing their $37M Series B led by @lightspeedvp. Healthcare is burdened with tedious, repetitive, and error-prone tasks that result in administrative waste, worker burnout, and suboptimal patient care. Tennr is bringing AI automation to where it's… https://t.co/eRWRwEw6B1
AI startup Tennr raised $37M to automate healthcare document processing https://t.co/IM78rpHxor
