AI Grant — accelerator for seed-stage AI startups

Advisors and speakers: Looking for our open source grant program? Check out
AI Grant companies — batch 3
AI Grant companies — batch 2
AI Grant companies — batch 1

What do I get if I win?

Can anyone apply?

Yes – no credentials required.

What type of company or project qualifies?

Anything that leverages AI models in a useful or engaging way. In particular, we're looking for technical & pragmatic founders who want to build great products. If you get a thrill from making something that other people love to use, and you understand that building a new product is 1% idea and 99% iteration, we want to support you. Our focus with AI Grant is on pre-seed/seed-stage startups.

Wait, is this a grant or an investment?

It is an investment. When we started AI Grant in 2017, we handed out much smaller grants for fundamental research. We awarded grants to 36 individuals, who went on to do important research, and to found companies like Cohere, Helia, and Cresta.

Five years later, it seems much has changed: AI research is abundant, but UX and product innovation is just getting started, and so we're relaunching the program with a focus on AI products & investments versus AI papers & grants.

Are larger investments available?

Nat and Daniel separately invest in startups, generally leading rounds, investing between $1M and $100M. Companies that receive larger investments will also have access to the Andromeda Cluster.

Will you fund multiple projects working on the same thing?

Yes. We plan to fund many companies; some form of overlap is bound to happen. Ultimately, we don't think this will be an issue because we strongly believe the AI product market is enormous -- large enough to support both Lyft and Uber or Bing and Google.

How will you select the winners?

We're looking for smart and energetic people with actionable ideas that are clearly useful. Demos are a big plus; not just because they're fun to look at, but because they hint at the type of person that cares about the end-user experience, which is ultimately all that matters.

Do I need a company to apply?

No, but you will need one if you're accepted into the program. We only invest in Delaware corporations, but you can create one from almost anywhere in the world with Stripe Atlas (or other programs) in only a few days.

Can I apply if I've raised money already?


I'm a single founder. Can I apply?


Who is funding this?

Nat and Daniel have invested $10M in AI Grant. The company investments themselves are made by AI Grant LLC. AI Grant is run by Hersh Desai, Lenny Bogdonoff, Luke Farritor, and Asara Near.

I love this idea and I want to help! Can I provide additional funding, hardware, GPU time, datasets, mentorship, or help reviewing applications?

Yes! Thank you for being awesome! If you want to contribute in any way, please email us at

Can I work at a company you fund?

Yes, please fill out the form here and we'll help match you.

I have further questions! How can I reach you?