Aperture Regions › United States › Enterprise & Vertical AI
US Enterprise & Vertical AI startup funding
US Enterprise & Vertical AI startups raised $9.6B across 365 funding rounds at 347 companies in the 12 months to Nov 14, 2026, against $11.9B across 541 rounds in the 12 months before (-20% in capital, -33% in rounds).
Companies headquartered in the United States, all funding stages, by announcement date. Data as of Nov 15, 2026; the last 12 months run Nov 15, 2025 – Nov 14, 2026. Capital counts disclosed amounts only (327 of 365 rounds in the last 12 months).
How much did US Enterprise & Vertical AI startups raise in the last 12 months?
| Last 12 months | 12 months before | Change | |
|---|---|---|---|
| Capital raised (disclosed) | $9.6B | $11.9B | -20% |
| Rounds | 365 | 541 | -33% |
| Companies funded | 347 | 511 | -32% |
How much have US Enterprise & Vertical AI startups raised in 2026?
In 2026 through Nov 14, 2026, US Enterprise & Vertical AI startups raised $8.7B across 284 rounds, against $11.3B across 512 rounds in the same period of 2025.
Which US Enterprise & Vertical AI startups raised the most?
Legora raised the most in the last 12 months, 11% of the capital; the three largest companies together took 25%.
| Company | City | Capital raised | Rounds | Latest round |
|---|---|---|---|---|
| Legora | New York | $1.1B | 2 | Series E · Oct 2026 |
| Harvey | San Francisco | $910M | 4 | Series F+ · Sep 2026 |
| NinjaOne | Austin | $400M | 1 | Series C · Jun 2026 |
| EliseAI | New York | $350M | 1 | Stage not stated · Sep 2026 |
| Simile | — | $300M | 2 | Series B · Jul 2026 |
| Profound | New York | $276M | 2 | Series D · Sep 2026 |
| Owner | Palo Alto | $240M | 1 | Series D · Aug 2026 |
| Norm Ai | New York City | $170M | 2 | Series C · Jul 2026 |
| Omni | San Francisco | $120M | 1 | Series C · Apr 2026 |
| Cents | New York | $110M | 1 | Series C · Mar 2026 |
Which Enterprise & Vertical AI sub-sectors are growing in the US?
No sub-sector added more companies than the year before.
| Sub-sector | Companies funded (year before → last 12 months) | Rounds | Capital raised |
|---|---|---|---|
| Horizontal | 210 → 118 | 125 | $3.3B |
| Marketing, media & advertising | 75 → 58 | 61 | $977M |
| Real estate & construction | 39 → 32 | 32 | $899M |
| Legal | 50 → 31 | 36 | $2.5B |
| Retail & e-commerce | 29 → 27 | 30 | $385M |
| Professional services | 21 → 21 | 21 | $338M |
| Hospitality & travel | 18 → 17 | 17 | $441M |
| Government & public sector | 19 → 14 | 14 | $211M |
| Education | 21 → 9 | 9 | $182M |
| Automotive & mobility services | 8 → 6 | 6 | $96M |
| Small-business & home services | 1 → 5 | 5 | $164M |
| Wholesale, distribution & equipment | 5 → 3 | 3 | $18M |
| Sports & fitness organizations | 3 → 2 | 2 | $18M |
4 companies are not yet tagged with a sub-sector (Other / unclear).
How large is a typical US Enterprise & Vertical AI round?
In the last 12 months, the median disclosed Seed round was $5.1M, Series A round was $18M, Series B round was $40M.
| Stage | Rounds | With a disclosed amount | Median disclosed round |
|---|---|---|---|
| Pre-Seed | 26 | 21 | $2.1M |
| Seed | 149 | 128 | $5.1M |
| Pre-A | 1 | 0 | — |
| Series A | 97 | 94 | $18M |
| Series B | 42 | 40 | $40M |
| Series C | 15 | 15 | $75M |
| Series D | 4 | 4 | — |
| Series E | 2 | 2 | — |
| Series F+ | 2 | 2 | — |
| Growth | 3 | 3 | — |
| Stage not stated | 24 | 18 | $16M |
Medians are shown where at least 10 amounts are disclosed.
US Enterprise & Vertical AI funding by quarter
| Quarter | Rounds | Capital raised |
|---|---|---|
| 2025 Q1 | 92 | $3B |
| 2025 Q2 | 129 | $3B |
| 2025 Q3 | 163 | $2.4B |
| 2025 Q4 | 209 | $3.9B |
| 2026 Q1 | 115 | $3.1B |
| 2026 Q2 | 80 | $1.8B |
| 2026 Q3 | 59 | $2.7B |
| 2026 Q4 (to date) | 30 | $949M |
Other US sectors: AI Models & Research · AI Infrastructure · Robotics & Physical AI · Industry AI · Defense & Public Safety AI · AI Hardware & Chips · Healthcare & Life Sciences · Fintech AI · AI Agents · AI Developer Tools · Cybersecurity AI · Consumer & Media AI.
Definitions are in the methodology. Report a missing or misreported deal from the link in the footer.