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- Slingshot AI raised about $30 million in an Andreessen Horowitz-led round, per multiple sources.
- The startup grabbed a fast-follow from Menlo Ventures shortly after the initial round, sources say.
- Slingshot launched in May with an AI-powered chatbot for mental healthcare.
Investors are clamoring to back AI startups across industries, and mental healthcare is no exception.
Slingshot AI, which launched this year to build large-language models for behavioral health, just grabbed about $30 million in a fresh funding round led by top VC firm Andreessen Horowitz, according to three people with knowledge of the deal.
Two sources said the round valued Slingshot at more than $100 million.