Our latest review of AI adoption surveys/reports is from Deloitte, which this week published the 17th edition of its annual Tech Trends. This year, the report covers five trends but we have focused on one—the agentic reality check.
Agentic AI is no longer just a proof of concept, it has evolved. And while that is in itself positive, the survey reports that only 11% of enterprises are using these systems in production.
Our full summary can be found here.
In other news:
- Five Elms Capital leads the way for Ritten’s Series B investment round
Ritten, an AI-powered behavioral health practice management platform has raised USD 35mn for its Series B round of funding led by Five Elms Capital. Existing investors Threshold Ventures, 8VC, Bienville Capital and others also participated in the round. The investment will be used to support Ritten’s expansion across mental health and addiction treatment provides at all levels of care. - AI software delivery platform Harness announces $240mn Series E round of financing
Harness has raised USD 240mn for its Series E round of financing to expand its global footprint, accelerate its platform innovation and continue to make improvements to ensure that getting code to production is both automated and resilient. Of the USD 240mn raised, USD 200mn was led by Goldman Sachs Alternatives and the remainder comprises a planned USD 40mn tender offer with participation from IVP, Menlo Ventures and Unusual Ventures. The investment values Harness at USD 5.5bn. The company is bringing AI and automation to the outer loop, where teams spend between 60-70% of their time on testing, deployments, security, compliance and optimization. - Long Ridge Equity Partners backs agentic AI platform OnCorps AI
Long Ridge Equity Partners has invested USD 55mn in growth capital in OnCorps AI, an agentic AI platform for fund operations. OnCorps AI will use the funding to expand its go-to-market teams, continuing to develop its infrastructure and accelerate product innovation. - The company’s agents are trained on millions of real-world data discrepancies and exceptions across trade processing, fund accounting and reporting workflows, enabling asset managers to reduce manual effort and streamline fund operations in the face of falling operating margins.
- Safebooks AI raises $15mn seed to automate manual reviews
Safebooks AI has raised USD 15mn to automate revenue, order and deal desk management processes, which rely heavily on manual reviews, reconciliations and data entry. The seed round was led by 10D, Propel Ventures and Mensch Capital, with participation from Moneta Venture Capital, Magnolia Capital, Cerca Fund, Blue Moon and others. The company has introduced a solution for the office of the CFO: agentic revenue integrity (ARI). ARI is an automation layer for quote-to-revenue finance operations that monitors–and acts on–revenue data. It works on top of existing systems, processes and infrastructure so nothing needs to be changed or replaced. - Opine raises $5mn seed round led by S3 Ventures
Opine, an AI native workspace for complex sales teams, has raised USD 5mn for its seed round led by S3 Ventures and with participation from Knoll Ventures, Atlanta Seed Company, Gray Ventures, Propel Ventures, Triangle Tweener Fund and Feross Aboukhadijeh, the CEO of Socket.dev. The funding will advance workflow automation (streamlining the entire technical sales cycle from initial discovery to post-sale delivery), real-time deal intelligence and unified data infrastructure. The company will also expand its market presence. - Surf raises $15mn to accelerate development of Surf 2.0
Surf, an AI intelligence platform for digital assets, has raised USD 15mn led by Pantera Capital with support from Coinbase Ventures and DCG. The funding supports Surf 2.0, a more advanced version of its domain-specific AI, and the expansion of its enterprise offering. Specifically, Surf 2.0 will introduce a more advanced model, expanded proprietary datasets and new agents that are capable of executing multi-step workflows.