In the context of the current slowdown, the last batch of Y Combinator signals a shift to B2B and DevTools as AI dominates the conversation.
Among the companies launched during the demo day on April 5 and 6, we find notions of LLM, coding assistants, data entry assistance, data pipeline management, service automation client, text-to-speech, video generation and more. Many of these tools target businesses that would benefit from automating tasks.
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The losing sectors are consumption, which fell from 13% to 5% of companies by comparing the winter 2022 lot to 2023; fintech from 24% to 12%; and health care from 11% to 7%.
Verticals below 5% are climate and energy, proptech, aerospace and education. These sectors were flat or down year-over-year, with education not even reaching 1% of startups in the last batch.
We have followed all companies with funding here for Pro users to export. This list also includes the More than 70 companies labeled with AI in Crunchbase.
It is also worth noting the geographical displacement of the new cohort. For this batch, a higher proportion (80%) came from the United States and Canada. For winter 2022, approximately 50% were based outside the United States
Drawing: Dom Guzman
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