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The Harmonic Hot 25 ranks the top early-stage companies based on aggregated investor interest from the thousands of VCs using Harmonic to find their next investments.
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Saam Motamedi (Greylock Partners); Guru Chahal (LSVP); Bogomil Balkansky (Sequoia)
Only Lovable, LangChain and Resolve have topped the Hot 25 more than once. Resolve just one-upped the other two, going back to back to back. Spiros and Mayank, the ex-Splunk pair behind it, have taken the company from a $141M seed valuation to $1.5B in 18 months. In August they hired away Cockroach Labs' president and CRO, Jason Forget, along with its SVP of worldwide sales, Jim Welch. Coinbase and DoorDash are already running their on-call incident agents in production.
Paul Buchheit (Y Combinator); Max Rimpel (General Catalyst); Raymond Tonsing (Caffeinated Capital)
Latent’s clinical reasoning engine earned them a $80M Series A this past March, co-led by Spark and Transformation Capital. They boast a 30%+ reduction in treatment denials, serve 10 out of the top 20 health systems in the US and over 2 million patients. Latent is a new entry to the Hot 25, immediately cracking the top 3!
Starcloud is back on the Hot 25, 5 quarters after its debut. They’re building data centers in orbit, using continuous solar power and the vacuum of space for cooling. Originally founded as Lumen Orbit, the team is stacked with talent from NASA, SpaceX and the world’s best universities. Benchmark’s Chetan Puttagunta just joined the board following a $170M Series A, and with only 30 employees, this rocket is looking ready for takeoff.
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Company
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Calm Ventures
ServiceNow
JCDecaux Holding SA
Salesforce
Snaw Ventures
Millennium Technology Value Partners
Belfius
LocalGlobe
Exor N.V.
Hanwha Asset Management Co Ltd
BNP Paribas
La Famiglia
Sofina
Artefact Informatique Inc
Latitude
Index Ventures
Snowflake Ventures
Bertelsmann Investments
Aonia Ventures
IBM
Samsung Venture Investment
Cisco
Philippe Englebert
Motier Ventures
DataMirror
Emerson Collective
New Wave
CMA CGM
Derrick Li
Henry Shi
Arash Ferdowsi
Dharmesh Shah
Divya Bhat
Eastlink Capital
Twenty Two Ventures
Rebel Fund
Mary-Catherine Lader
Scott Banister
Songyee Yoon
Yi Sun
Soumith Chintala
Manu Sharma
Jeff Hammerbacher
Sabrina Hahn
Alexander Atallah
137 Ventures
Robot Ventures
Emergence Capital Partners Limited
Cadenza
SCB 10X
Prosperity7 Ventures
Factory
Lip-Bu Tan
Common Metal
NEA Partners
Yaron Samid
Greycroft
Long Journey
Pidilite Industries Limited
Cleo Capital
Primary Venture Partners,
Secocha Ventures
Silicon Catalyst Ventures
Antler
MBA Ventures
Bradley Horowitz
Altos Ventures
Initialized Capital
Thumbtack
Zillow
OpenDoor Venture Capital
Amino Capital
Procore Technologies
Autodesk company
PlanGrid
Felicis
Mighty Buildings
Global Founders Capital
Type One Ventures
Hof Capital
Pario Ventures
Jane Street
Alpha Square Group
Spark Capital
SK Telecom
Center-For Emerging Risk Research
Sap
Zoom Venture
Saxecap
Embark Studios
BoxGroup
Fintech Sandbox
Company
Fintech Sandbox
AlleyCorp
Accel
Contrarian Thinking Capital
345 Partners
Foundation Capital
New Normal Ventures
LangChain (rank 1 Q2 2025)
A platform to build AI apps from prototype into production. Langchain was founded in 2022 by Harrison Chase and Ankush Gola who met while working at Robust Intelligence. The company boasts a list of impressive clients and raised money from Benchmark and Sequoia.
Ankush Gola, Harrison Chase
Series A
$25M
~60
Lovable (rank 2 Q2 2025)
Build apps with no coding needed. Founded in 2023, Lovable has exploded in early 2025 after raising money from Scandinavian VC strongholds, byFounders and Creandum, as well as Hummingbird.
Anton Osika (https://linkedin.com/in/antonosika); Fabian Hedin (https://linkedin.com/in/fabian-hedin-2377b0144)
Seed
$15M
~50
Hadrius (Rank 3 Q2 2025)
SEC & FINRA compliance in one platform. Co-founders Som, Allen, and Thomas are back for their second act—after launching Quantbase (acquired by Surmount), they’re now tackling compliance with Hadrius.
Allen Calderwood, Som Mohapatra, Thomas Stewart
Seed
$2M
~20
Didero-Q2 2025
AI agents for procurement.
Tim Spencer, Lorenz Pallhuber, Tom Petit
Seed
$7M
~15
Profound-Q2 2025
Helping brands gain AI visibility.
Dylan Babbs, James Cadwallader
Seed
$3.5M
~20
Norm Ai-Q2 2025
AI agents for regulatory compliance
John Nay
Series B
$48M
~35
Browser Use-Q2 2025
Browser automation with AI agents.
Gregor Žunič, Magnus Müller
Pre-seed
$500K
<10
Basis-Q2 2025
AI agents for accountants
Mitchell Troyanovsky, Matt Harpe
Series A
$34M
~25
Wordware-Q2 2025
Build production ready AI across modalities
Filip Kozera, Robert Chandler
Seed
$30.5M
28
Zocks-Q2 2025
Meeting assistant for financial advisors.
Ákos Ratku, Mark Gilbert
Series A
$13.8M
~30
Artisan-Q2 2025
AI employees, automating outbound.
Sam Stallings (https://linkedin.com/in/samantha12345); Jaspar Carmichael-Jack (https://linkedin.com/in/jaspar-carmichael-jack)