When was AI2 Incubator founded?

AI2 Incubator was founded in 2014.

Where is AI2 Incubator's headquarters located?

AI2 Incubator's headquarters is located in Seattle (United States).

How big is AI2 Incubator's investment team?

AI2 Incubator has a team of 36, including 8 partners.

How many companies has AI2 Incubator invested in?

AI2 Incubator has invested in 21 companies, including Why Labs & Wellsaid.

Which companies has AI2 Incubator invested in lately?

Hearvana & casium are the latest investments by AI2 Incubator.

How many exits has AI2 Incubator been involved in?

AI2 Incubator's portfolio has seen 5 acquisitions.

AI2 Incubator - 2026 Investor Profile, Portfolio, Team & Investment Trends

AI2 Incubator, an accelerator and incubator program founded in 2014, is based in Seattle, United States. With a presence in 1 country, it has supported around 21 startups in sectors like Enterprise Applications, High Tech. As of Jun 2026, AI2 Incubator has witnessed 5 portfolio exits. Most notable companies in its portfolio include Why Labs, Wellsaid and Vercept. The program is backed by a team of 36 people who primarily support Seed startups based in United States. Its latest investment was a $6M Seed round in Hearvana on Nov 05, 2025, which also saw participation from Point72 Ventures and SCB 10X.

Key Metrics

Founded Year

2014

Location

Seattle, United States

Portfolio Companies

Why Labs, Wellsaid & 19 more

Sectors of Investment

Enterprise Applications, High Tech & 12 more

Stages of Investment

Seed & Series A

Locations of Investment

United States

View AI2 Incubator's full profile

AI2 Incubator has a portfolio of 21 companies. Their most notable investments are in Lexion and Kitt.ai.Their portfolio spans across and United States. They have invested in Enterprise Applications, High Tech, Retail and 11 other sectors, across stages such as Seed, Series A stages. Here is the list of top investments by AI2 Incubator:

1. Why Labs

Provider of an AI analysis platform for ML models. Enables users to monitor raw structured or unstructured data, and features real-time actionable insights, data predictions, and actuals. Allows users to observe, analyze and explain model behavior through the user-friendly interface.

Key facts about Why Labs

Founded Year: 2019
Location: Seattle (United States)
Last Known Valuation: $*****
Stage: Acquired
Total Funding till date: $14M
Employee Count: 54 as on May 31, 2026
Investors: Bezos Expeditions, Allen Institute for Artificial Intelligence and 5 Others
Latest Funding Round: Series A, Nov 04, 2021, $*****
Highlight: Acquired

2. Wellsaid

Developer of an AI platform providing text-to-speech voiceover solutions. The platform offers a studio to generate voice from scripts, using a selection of licensed voices. It provides collaboration tools for shared projects, role-based access, and content management. The platform integrates with creative tools and offers an API for adding voice to products.

Key facts about Wellsaid

Location: Seattle (United States)
Stage: Series A
Total Funding till date: $12M
Employee Count: 62 as on May 31, 2026
Investors: Qualcomm Ventures, Multiplier Capital and 5 Others
Latest Funding Round: Venture Debt, Mar 17, 2026, $*****
Highlight: Editors' Pick

3. Vercept

Developer of an AI-powered computer interface designed to automate tasks. It offers a tool that operates directly from the user's computer to complete tasks. The interface handles repetitive tasks and automates workflows. It allows users to upload files and images for analysis and action.

Key facts about Vercept

Founded Year: 2024
Location: Seattle (United States)
Stage: Acquired
Total Funding till date: $50M
Employee Count: 4 as on May 31, 2026
Investors: Fifty Years, Point Nine and 4 Others
Latest Funding Round: Seed, Jun 11, 2025, $*****
Highlight: Acquired

4. CalmWave

Key facts about CalmWave

Founded Year: 2022
Location: Seattle (United States)
Stage: Seed
Total Funding till date: $13.6M
Employee Count: 25 as on May 31, 2026
Investors: Third Prime, Bonfire Ventures and 9 Others
Latest Funding Round: Seed, Jun 27, 2025, $*****
Highlight: Editors' Pick

5. Blue Canoe

Blue Canoe Learning provides an app-based platform for corporates that helps their non-native English speaking employees to improve their pronunciation and business communication. The users are required to speak into the mobile app and it provides feedback based on the Color Vowel system and speech recognition & machine learning technology. Its mobile app is available for Android and iOS devices.

Key facts about Blue Canoe

Founded Year: 2016
Location: Bellevue (United States)
Stage: Seed
Total Funding till date: $3.9M
Employee Count: 10 as on May 31, 2026
Investors: Qualcomm Ventures, Fantail Ventures and 6 Others
Latest Funding Round: Seed, Jan 16, 2020, $*****
Highlight: Editors' Pick

View the full list of portfolio companies

AI2 Incubator has invested in 21 companies over the last 6 years, with an average of 3 new investments annually in the last 5 years. In 2025, it made 7 investments. Its most recent first time investment was in Hearvana.

Here are AI2 Incubator's Year-on-Year Investment Trends:

Year	No. of Investments
Year	1^st Round	Follow-on	Total
2026 (YTD)	0	0	0
2025	7	0	7
2024	3	0	3
2023	1	0	1
2022	2	0	2
2021	0	0	0
2020	4	0	4

View all investments by AI2 Incubator

AI2 Incubator has made 16 investments in Seed stage with an average round size of $5.26M and 1 investment in Series A stage with an average round size of $15M.

Here are AI2 Incubator's investments by stage:

Stage of entry	No. of Investments
Seed	16
Series A	1

Note: We have considered here, only first round of investments

View all investments by AI2 Incubator

AI2 Incubator has a diverse portfolio, with companies operating in the Enterprise Applications, High Tech, Vertical SaaS, FinTech and Artificial Intelligence - Industry Applications. Notably, it has invested in 20 Tech companies, 18 Enterprise (B2B) companies, 18 Software companies and at least 10 companies focusing on AI-Native.

Here are AI2 Incubator's investments by sector:

Sector	No. of Investments
Enterprise Applications	14
High Tech	9
Vertical SaaS	4
FinTech	3
Artificial Intelligence - Industry Applications	2
Others	13

Note: We have considered here, only first round of investments

View all investments by AI2 Incubator

AI2 Incubator has made most investments in United States (16).

View all investments by AI2 Incubator

AI2 Incubator has not made any investment in 2026 so far.

Here are the most recent investments by AI2 Incubator:

Filter this list

Date	Company	Location	Round Details	Round Amount	Co-Investors
Nov 05, 2025	Hearvana	United States	Seed	8391	Point72 Ventures [+7]
Oct 20, 2025	casium	United States	Seed	7343	Maverick Ventures [+3]
Sep 16, 2025	Ethosphere	United States	Seed	6289	Point72 [+4]
Sep 16, 2025	Envive AI	United States	Series A	1220	FUSE [+2]
Jun 11, 2025	Vercept	United States	Seed	1319	Fifty Years [+1]

See more recent investments made by AI2 Incubator

5 companies from AI2 Incubator's portfolio have been acquired. The most recent acquisition was Vercept in Feb 2026 by Anthropic for $*****.

Here are AI2 Incubator's portfolio companies that got acquired most recently:

Filter this list

Company	Acquisition Date	First Invested on	First Round of Investment	Round Size
Vercept	Feb 25, 2026	Jun 11, 2025	Seed	3292
Why Labs	Jan 24, 2025	-	-	4354
Lexion	May 06, 2024	Jan 16, 2020	Seed	2518
XNOR.AI	Jan 15, 2020	-	-	1019
Kitt.ai	Jul 05, 2017	Jan 16, 2020	Seed	3857

View all acquired companies in AI2 Incubator's portfolio

AI2 Incubator has a team of 36 members including 8 Partners, 6 Venture Partners and 3 Principals located in United States, Japan and 1 more location. AI2 Incubator's team does not sit on the board of any company as of now.

Here is a list of top team members in AI2 Incubator:

Name	Designation	Location	Board Memberships	Contact Details
Yifan Zhang	Partner	-	-	1 Email
Matt Wilkinson	Partner	-	-	-
Shauna Swerland	Partner	-	-	2 Emails
Oren Etzioni	Partner	Seattle	-	1 Email
Tony Jackson	Partner	-	-	1 Email
Morgan McKenney	Partner	New York	-	1 Email
Laura Butler	Partner	Seattle	-	1 Email
Brandt Vaughan	Partner	Bellevue	-	1 Email
Bryan Hale	Venture Partner	Seattle	-	1 Email
Priyanka Kulkarni	Venture Partner	Seattle	-	-
Margot Blouin	Venture Partner	Montreal	-	-

View team details of AI2 Incubator

Over the past 6 years, 71 investors have co-invested in AI2 Incubator's portfolio companies. This includes funds and angels.

Invested before AI2 Incubator: Voyager Capital, Qualcomm Ventures and 7 others have invested in rounds before AI2 Incubator. There is 1 company where Voyager Capital has invested before AI2 Incubator and 1 company where Qualcomm Ventures has invested before AI2 Incubator.
Top Co-investors of AI2 Incubator: 38 investors entered a company along with AI2 Incubator. These include investors like Point72 Ventures (3 companies).
Invested after AI2 Incubator: A total of 24 investors have invested in AI2 Incubator's portfolio after their investments. Top Investors include Voyager (1 company) and Qualcomm Ventures (1 company).