NEW ECONOMIES

NEW ECONOMIES

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NEW ECONOMIES
NEW ECONOMIES
The Fastest Growing AI Startups
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The Fastest Growing AI Startups

AI is at an insane inflection point. There are companies reaching $100M ARR faster than ever before

Ollie Forsyth's avatar
Ollie Forsyth
Apr 18, 2025
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NEW ECONOMIES
NEW ECONOMIES
The Fastest Growing AI Startups
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Welcome back to another edition of NEW ECONOMIES, rooted in my experiences working in venture. From inside the venture world, one thing is clear: we’re not just in a tech boom—we’re living through a full-blown economic rewrite. New platforms, new business models, and evolving public market strategies are reshaping everything.

Join us on this journey—subscribe to NEW ECONOMIES to stay ahead of the curve. We’re just getting started.

NEW ECONOMIES is primarily reader-supported, with additional support from select sponsors. Stay on top of the latest technology trends and help sustain our work by subscribing—free or paid. Your money goes directly towards reporting costs.


THIS WEEK’S SPONSOR: HARMONIC

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AI COMPANIES ARE GROWING FASTER THAN EVER AND ATTRACTING WORLD-CLASS TALENT ALONG THE WAY

AI is off to a mega start in 2025. We're seeing record-breaking funding rounds, and companies are hitting $100M in ARR at unprecedented speeds. Could this be the inflection point we've all been waiting for?

THIS EDITION COVERS:

  • The fastest growing companies by employee growth.

  • The $100M ARR AI startups.

  • The ultimate collection of AI pitch decks.

Let’s dive in!


THE FASTEST GROWING AI STARTUPS

Over the past twelve months, we've been closely tracking the fastest-growing AI startups—from those emerging out of stealth to others securing funding and hitting major milestones. In this edition, we spotlight the top performers, ranked by employee growth, with data sourced from our friends at Harmonic.

How the startups have been listed:

  • Startups are ranked by team growth percentage over the past 90 days.

  • To be included, companies must have at least 50 employees and have been founded in 2020 or later.

Featured companies include:

Perplexity

Perplexity is an AI-powered answer engine designed to provide accurate, real-time responses to user queries. The company launched in 2022 and has raised over $660M to date.

Anysphere

Anysphere builds AI tools and assistants to help humans. The company also launched in 2022 and has raised $173M to date.

Eve

Eve is a legal tech platform designed to assist law firms at every phase of a legal case. The startup launched in 2020 and has raised over $60M to date.

Unify

Unify is the world’s first warm outbound platform. The startup launched in 2023 and has raised $30M to date.

Decagon

Decagon develops customer support software enabling businesses. The startup launched in 2023 and has raised $100M to date.

UNLOCK ACCESS TO 800+ OF THE FASTEST-GROWING AI STARTUPS WHEN YOU BECOME A PAID SUBSCRIBER—IT'S A NO-BRAINER!

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THE REVENUE RACE

AI is at an inflection point. Startups are reaching $100M in annual recurring revenue (ARR) faster than ever. For example, Cursor hitting a $100M revenue run rate within just 12 months would place it among the fastest-growing enterprise software companies in history.

We take a closer look at some of the remarkable startups reaching $100M in ARR in record time and more are coming.

STAY UP TO DATE WITH THE LATEST AI STARTUPS ONCE YOU BECOME A PAID SUBSCRIBER.

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THE BEST IN-CLASS AI PITCH DECKS

In addition to these incredible companies that have reached $100M+ in ARR, we have put together some of the most forward thinking AI companies including their pitch decks, all accessible once you become part of our community—as a paid subscriber.

Companies include:

  • ElevenLabs — Pioneering research in Text to Speech, AI Voice Generator, and more.

  • Vercel — Provides the developer tools and cloud infrastructure to build, scale, and secure a faster, more personalized web.

  • Mistral AI — Frontier AI. In Your Hands.

  • Perplexity — A conversational search engine.

  • Orbital Witness — The all-in-one property diligence automation platform for lawyers and property professionals.

  • Gendo — AI for Architecture & Design.

  • Wondercraft — Amazingly easy audio content creation.

  • Kinnu — Learn anything. Remember everything.

  • Portkey — Control Panel for AI Apps

  • Elise AI — Industry Leading AI for Housing and Healthcare

  • Aindo — Trusted synthetic data.

  • Supernormal — Make every meeting count.

  • Creative Fabrica — Premium Crafting Fonts, Graphics & More.

  • Hour One — Human-Centric Storytelling.

  • Synthesia — Turn text to video, in minutes.

  • Qventus — AI teammates to automate hospital operations.

  • Reflexivity — Data that finally speaks your language.

  • StackGen — The Generative Infrastructure Platform.

  • RapidCanvas — Trusted AI solutions that deliver measurable business impact fast.

  • Endeavor — Grow, keep, & win more customers with AI Agents.

  • Pruna AI — Make your models faster.

  • Deckmatch — AI Workflows for Your Chaotic Top of Funnel.

Discover how you can become the next big AI startup now.

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