Annual report · 2026

State of AI Founders — 2026

Inception Studio's annual look at the AI founder population: who they are, what they've built, what they've raised, where they are.

Headline numbers

231+

Founders

80+

Companies

23

Cohorts

$264.7M

Total raised

2

Wins

4

Exits

By category

By location

  • San Francisco Bay Area 2

By stage

Wins by year

Most productive cohorts