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State audit: Cleveland County Sheriff's Office overspent by millions

State audit: Cleveland County Sheriff's Office overspent by millions

Yahoo24-04-2025
NORMAN — The Cleveland County Sheriff's Office overspent its annual budget by about $4 million, a report from the state auditor has revealed.
The long-awaited report, the second part of a special audit requested last year into Sheriff Chris Amason's office, shows that the law enforcement agency did not take steps to stay within the limits of the approved $18.4 million budget, according to the audit.
The audit also showed that during the course of a year, sheriff's leadership attended 24 out-of-state training conferences, bought or leased 40 new vehicles, gave retroactive raises to 28 employees, and used taxpayer funds on "high-end meals, games, and DoorDash service," according to the report. This was despite payroll challenges and cuts to detention staff by 45%, as detailed in the audit.
"The goal of the State Auditor and Inspector is to promote accountability and fiscal integrity in state and localgovernment," said State Auditor Cindy Byrd in a letter to Cleveland County commissioners the day the audit was released. "Maintaining our independence as we provide this service to the taxpayers of Oklahoma is ofutmost importance. We wish to take this opportunity to express our appreciation for the assistance and cooperation extended to our office during this engagement."
In a news release, Storme Jones, director of communications for Cleveland County, said that budget board members would carefully review the report and determine what steps to take next in the coming days.
Amason, in a statement posted to his office's Facebook page, said he appreciated Byrd's work "in producing a thorough and well-documented report" that he believes "affirms what we've long maintained — facts matter."
"This balanced assessment brings needed clarity and allows us to close the door on speculation," Amason continued. "We welcome oversight from the State Auditor, because we stand on solid ground. Transparency isn't a challenge to this office — it's a standard we live by. The findings offer valuable clarity about the circumstances and decisions made, and I welcome the opportunity this report provides to reinforce public trust and move forward with purpose."
The audit comes after nearly two years of tension between county commissioners and the sheriff, who publicly disagreed on who was to blame for overspending after commissioners diverted $3.2 million to the sheriff's office in June 2024 in order to pay outstanding bills, payroll and other operational expenses.
(This story has been updated to add new information.)
This article originally appeared on Oklahoman: Cleveland County OK sheriff overspent budget by $4 million, audit finds
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Dave Ramsey: 7 Brutally Honest Money Tips To Follow Now
Dave Ramsey: 7 Brutally Honest Money Tips To Follow Now

Yahoo

time2 hours ago

  • Yahoo

Dave Ramsey: 7 Brutally Honest Money Tips To Follow Now

Dave Ramsey has shared brutally honest money tips for decades. He has helped people get out of debt and gain better control over their finances. However, even though Ramsey's biggest fans may remember some of his core money tips, it's good to be reminded. Trending Now: Up Next: These are seven of the brutally honest money tips Ramsey has shared over the years. Work a Side Gig Ramsey has encouraged people to work side hustles to make extra income. The side gig can help you move closer to your long-term financial goals. While this advice has become quite popular in recent years, it's worth repeating. Side hustles have become more plentiful and flexible in recent years. You can work for a gig company like Uber or Doordash, but remote side hustles are also available. You can use a side hustle to get out of debt sooner and reach significant milestones with your investments. Learn More: Pay Off Your Debt Before Investing Ramsey is strongly against debt and does not believe in 'good' debt. However, even the people who are comfortable with good debt and leverage should agree with Ramsey on this one. Paying off credit card debt before investing will give you greater peace of mind and it's also more profitable to pay it off. The interest rate on credit card debt typically ranges from 19.99% to 29.99% APR. The overwhelming majority of investors are not producing that type of return with their investments. It's better to pay off high-interest debt and then invest. Stop Getting in Debt Just To Look Cool Some people get deep into credit card debt, get leases for luxury cars, buy expensive handbags and pursue other types of expensive items. People buy these products to boost their social prestige, but it comes at the cost of their long-term financial goals. Ramsey discourages this type of behavior, saying that you shouldn't get into debt just to look cool. He calls out people who look rich while being financially poor. Spend Less Than 25% of Your Income on Housing Costs While there is a popular 28% rule that suggests spending no more than 28% of your monthly income on a mortgage, Ramsey is known to suggest limiting your housing costs to 25% of your monthly income. This is a big pill to swallow for many people due to rising housing costs and elevated interest rates, but the benchmark can spark some action. It may require picking up a side hustle and advancing in your career to get your housing costs below 25% of your income. Setting this goal gives homeowners and renters the impression that they cannot stay where they are. That's a good mentality that can eventually turn housing into less than 25% of your income. Don't Lend Money to Friends or Family Family and friends may not feel the need to pay you back since they know you. It's a different relationship from asking the bank for money since you can't negotiate as much wiggle room with them. Lending money to family and friends can also ruin relationships as people explain why they're not going to pay you. Some of these arrangements work out well, but it's better not to find out in the first place. Lending money to Family and friends once can also prompt them to return for more and haggle you for extra funds. A College Degree Isn't Worth It Ramsey has spoken critically about college degrees several times, saying that they aren't worth it for most people. It's hard to justify getting six figures into debt without a career to show for it. Furthermore, many companies have stopped requiring college degrees for job applicants. He only recommends colleges for people who have specific career paths or who can secure an affordable education. Enrolling in the military will make college free and is one path for people who want a college education while saving a lot of money. Community college is also a viable option since you will get the same education while paying a lot less. After graduating from a community college, a student can then go to an affordable state college for the final two years of their college education. Raise Your Kids To Be Good Adults, Not Good Kids Ramsey also talks about parenting and advocates for raising children to be good adults instead of good children. That means teaching children about valuable skills that will help them become good adults, such as money management and being responsible. While it's a good parenting tip, it also doubles as a money tip. Having responsible adult children decreases the likelihood that they strain your finances in the future. Some kids who are never raised to be adults don't become productive as they get older, which results in a lot of money going out of their parents' pockets. More From GOBankingRates 5 Ways Trump Signing the GENIUS Act Could Impact Retirees7 Tax Loopholes the Rich Use To Pay Less and Build More Wealth This article originally appeared on Dave Ramsey: 7 Brutally Honest Money Tips To Follow Now

Delivery drones are coming to more US neighborhoods after getting off to a slow start

time4 hours ago

Delivery drones are coming to more US neighborhoods after getting off to a slow start

Delivery drones are so fast they can zip a pint of ice cream to a customer's driveway before it melts. Yet the long-promised technology has been slow to take off in the United States. More than six years after the Federal Aviation Administration approved commercial home deliveries with drones, the service mostly has been confined to a few suburbs and rural areas. That could soon change. The FAA proposed a new rule last week that would make it easier for companies to fly drones outside of an operator's line of sight and therefore over longer distances. A handful of companies do that now, but they had to obtain waivers and certification as an air carrier to deliver packages. While the rule is intended to streamline the process, authorized retailers and drone companies that have tested fulfilling orders from the sky say they plan to make drone-based deliveries available to millions more U.S. households. Walmart and Wing, a drone company owned by Google parent Alphabet, currently provide deliveries from 18 Walmart stores in the Dallas area. By next summer, they expect to expand to 100 Walmart stores in Atlanta; Charlotte, North Carolina; Houston; and Orlando and Tampa, Florida. After launching its Prime Air delivery service in College Station, Texas, in late 2022, Amazon received FAA permission last year to operate autonomous drones that fly beyond a pilot's line of sight. The e-commerce company has since expand its drone delivery program to suburban Phoenix and has plans to offer the service in Dallas, San Antonio, Texas, and Kansas City. The concept of drone delivery has been around for well over a decade. Drone maker Zipline, which works with Walmart in Arkansas and the Dallas-Fort Worth area, began making deliveries to hospitals in Rwanda in 2016. Israel-based Flytrex, one of the drone companies DoorDash works with to carry out orders, launched drone delivery to households in Iceland in 2017. But Wing CEO Adam Woodworth said drone delivery has been in 'treading water mode' in the U.S. for years, with service providers afraid to scale up because the regulatory framework wasn't in place. 'You want to be at the right moment where there's an overlap between the customer demand, the partner demand, the technical readiness and the regulatory readiness,' Woodworth said. 'I think that we're reaching that planetary alignment right now.' DoorDash, which works with both Wing and Flytrex, tested drone drop-offs in rural Virginia and greater Dallas before announcing an expansion into Charlotte. Getting takeout food this way may sound futuristic, but it's starting to feel normal in suburban Brisbane, Australia, where DoorDash has employed delivery drones for several years, said Harrison Shih, who leads the company's drone program. 'It comes so fast and it's something flying into your neighborhood, but it really does seem like part of everyday life,' Shih said. Even though delivery drones are still considered novel, the cargo they carry can be pretty mundane. Walmart said the top items from the more than 150,000 drone deliveries the nation's largest retailer has completed since 2021 include ice cream, eggs and Reese's Peanut Butter Cups. Unlike traditional delivery, where one driver may have a truck full of packages, drones generally deliver one small order at a time. Wing's drones can carry packages weighing up to 2.5 pounds. They can travel up to 12 miles round trip. One pilot can oversee up to 32 drones. Zipline has a drone that can carry up to 4 pounds and fly 120 miles round trip. Some drones, like Amazon's, can carry heavier packages. Once an order is placed, it's packaged for flight and attached to a drone at a launch site. The drone automatically finds a route that avoids obstacles. A pilot observes as the aircraft flies to its destinations and lowers its cargo to the ground with retractable cords. Shakiba Enayati, an assistant professor of supply chain and analytics at the University of Missouri, St. Louis, researches ways that drones could speed the delivery of critical health supplies like donated organs and blood samples. The unmanned aircraft offer some advantages as a transport method, such as reduced emissions and improved access to goods for rural residents, Enayati said. But she also sees plenty of obstacles. Right now, it costs around $13.50 per delivery to carry a package by drone versus $2 for a traditional vehicle, Enayati said. Drones need well-trained employees to oversee them and can have a hard time in certain weather. Drones also can have mid-air collisions or tumble from the sky. But people have accepted the risk of road accidents because they know the advantages of driving, Enayati said. She thinks the same thing could happen with drones, especially as improved technology reduces the chance for errors. Woodworth added that U.S. airspace is tightly controlled, and companies need to demonstrate to the FAA that their drones are safe and reliable before they are cleared to fly. Even under the proposed new rules, the FAA would set detailed requirements for drone operators. 'That's why it takes so long to build a business in the space. But I think it leads to everybody fundamentally building higher quality things,' Woodworth said. Others worry that drones may potentially replace human delivery drivers. Shih thinks that's unlikely. One of DoorDash's most popular items is 24-packs of water, Shih said, which aren't realistic for existing drones to ferry. 'I believe that drone delivery can be fairly ubiquitous and can cover a lot of things. We just don't think its probable today that it'll carry a 40-pound bag of dog food to you," Shih said. 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Forbes Next Billion-Dollar Startups 2025
Forbes Next Billion-Dollar Startups 2025

Forbes

time5 hours ago

  • Forbes

Forbes Next Billion-Dollar Startups 2025

T his is the 11th year we have partnered with TrueBridge Capital Partners to scour the land for budding unicorns. To qualify, startups must be venture-backed, based in the U.S. and (currently) worth less than $1 billion. Unsurprisingly, artificial intelligence dominates this year—20 of the 25 companies are AI-focused, with applications in military, accounting and health tech. Pay attention to this list: Our track record is superb. Of the 250 alumni, 140, or 56%, became unicorns, including DoorDash, Figma and Anduril. Forty-two were acquired; only two went public for less than $1 billion. Just five—2% of our selections—have imploded or shut down. If you want to build medical devices, you need patients. Boston-based AcuityMD helps manufacturers find the right physicians based on the patients they treat by using de-identified data (think surgical histories, medical referrals) for 325 million people to craft marketing plans. Customers include Synchron, which used it to find patients for a brain-computer interface preclinical trial, and Intellijoint, which did so to market a new surgical tool for hip and knee replacements. There are lots of influencers on the internet, and finding the right one for an ad campaign can be frustrating and time-consuming. Enter New York City–based Agentio, which offers a marketplace of creators so brands can easily find which influencers will work best for them. It's great for the creators too: They simply upload details about their upcoming YouTube videos to Agentio to sell ad spots to businesses such as Away, DoorDash, Mint Mobile and Uber. The U.S. military and companies like Amazon and SpaceX are racing to launch thousands of small satellites into low-Earth orbit. Los Angeles–based Apex wants to speed up the process—and cut costs—by offering a standardized satellite that buyers can trick out with their own sensors and instruments. It's had early success with the Pentagon, winning a $46 million Space Force contract in February. (For more, see 'Apex Wants To Bring Henry Ford-Style Mass Production To Satellites.') Jeffery Liu (left) and Jon Wang Assort Health Hospitals and doctors' offices are con­tinuously overwhelmed by phone calls, leading to annoyingly long hold times for patients. Assort Health, headquartered in San Francisco, sells a text-to-voice artificial intelligence chatbot to search physicians' calendars to match their openings with the type of appointment required. The software has cut wait times for millions of inbound calls to medical groups inclu­ding, among others, Chesapeake Healthcare and Peninsula Orthopaedic Associates. Basis Founders: Matthew Harp (CEO), Mitchell Troyanovsky Equity raised: $37 million Estimated 2024 revenue: $350,000 Lead investors: BTV, Khosla Ventures This NYC tech outfit makes AI accounting software that can do clerical work in minutes, streamlining data entry tasks like transferring information from receipts. After adopting Basis' software in 2024, accounting firm Wiss claimed a nearly 30% reduction in time spent on such jobs. Another big draw is the technology's security features, which don't store sensitive login details. Braintrust Founder: Ankur Goyal (CEO) Equity raised: $45 million Estimated 2024 revenue: $2 million Lead investors: Andreessen Horowitz, Basecase, Gil Capital, Greylock AI promises business efficiencies, but how do you measure them? San Francisco–based Braintrust offers an all-in-one command center for testing and monitoring AI-powered apps, like keeping an eye on how frequently a chatbot gives incorrect answers. Customers such as Airtable, Instacart, Notion and Stripe use it to assess accuracy and figure out what went wrong when something breaks. CEO and founder Ankur Goyal, 35, previously founded AI search engine Impira, which Figma acquired in 2023. Browserbase Founder: Paul Klein IV (CEO) Equity raised: $68 million Estimated 2024 revenue: $1 million Lead investors: Basecase, CRV, Kleiner Perkins, Notable Capital Goodbye, browsers: Browserbase wants to change how we interact with the internet entirely. Instead of clicking, typing and scanning information from websites, AI can do it for you, a concept known as a 'headless browser.' Want to book a flight from Seattle to JFK? Instead of searching yourself, type a simple request into Browser­base and its AI will come back with the best options. Surbhi Sarna Cody Pickens for Forbes Collate Founders: Jigish Patel, Surbhi Sarna (CEO), Nate Smith Equity raised: $30 million Estimated 2024 revenue: $0 Lead investors: Redpoint When Surbhi Sarna tried to raise funds for her ovarian cancer startup nVision Medical in 2012, she struggled to scrape together $500,000. After selling it for $275 million in 2018 and spending the next five years as a partner at accelerator Y Combinator, Sarna had no problem raising $30 million in seed funding for San Francisco–based Collate. It aims to use AI to automate the paperwork required for life sciences companies, such as that for clinical trials and FDA approval. 'This stuff they would have spent months doing we can do over the course of days,' says Sarna, 39. Collate's revenue is expected to reach $1 million this year. David AI Founders: Tomer Cohen (CEO), Ben Wiley Equity raised: $30 million Estimated 2024 revenue: $1 million Lead investors: Alt Capital, Amplify Partners, First Round Capital Tomer Cohen, 27, and Ben Wiley, 26, believe that normal speech will be the main way we interact with artificial intelligence in the future. Their startup, David AI, supplies some 100,000 hours of high-quality voice audio in 15 languages to major tech firms, helping them build smarter AI models capable of understanding speech. They have a straightforward approach to getting all that data: David AI simply pays people to record it. Dean Leitersdorf Cody Pickens for Forbes Decart Founders: Dean Leitersdorf (CEO), Moshe Shalev Equity raised: $53 million Estimated 2024 revenue: $20 million Lead investors: Benchmark, Sequoia, Zeev Ventures Dean Leitersdorf has an ambitious goal: to build the next big all- purpose AI lab to rival OpenAI, Anthropic and Google. His entrant in the race is called Decart, a nod to René Descartes, the 17th-century French philosopher famous for the aphorism 'I think, therefore I am.' 'It's the most AI thing you could say,' says Leitersdorf, a 26-year-old computer science Ph.D. He thinks recruiting mainly out of his native Israel will give Decart a chance against the giants, and its first product helps businesses squeeze more power out of AI chips. Last year, Decart went viral when its model Oasis generated a clone of Microsoft's Minecraft game using nothing but AI. (Boy, we're good: Shortly after this list went to press, Decart became a full Billion-Dollar Startup after raising $100 million at a $3.1 billion valuation.) Josh Araujo Shawn Hubbard for Forbes Forterra Founders: Alberto Lacaze, Karl Murphy CEO: Josh Araujo Equity raised: $303 million Estimated 2024 revenue: $30 million Lead investors: Hedosophia, Moore Strategic Ventures, XYZ Venture Capital Engineers Alberto Lacaze, 55, and Karl Murphy, 65, spent about 20 years developing technology to retrofit more than 50 types of vehicles to drive themselves, including transit buses and military convoy trucks. Now the startup is cashing in, winning a $93 million contract from the U.S. Army to produce mine-clearing robots. It's also part of a team buil­ding self-driving missile launchers for the Marines. Getting rid of human drivers both keeps soldiers out of harm's way and saves lots of money on fuel, says CEO Josh Araujo, 45, who took the helm from Lacaze in 2022, since you can ditch heavy armor and use a smaller engine. 'You can completely reshape how you design those vehicles.' Gamma Founders: James Fox, Grant Lee (CEO), Jon Noronha Equity raised: $23 million Estimated 2024 revenue: $16 million Lead investors: Accel, Afore Capital, South Park Capital Former investment banker Grant Lee, 42, was inspired to start Gamma after spending years making traditional slide decks, often under time pressure and with little design support. Now his AI-powered software can spin up a slick presentation, website or social media post from raw text, documents or existing decks. Gamma says more than 50 million people globally have tried the product so far, and it has found early traction at companies inclu­ding Amazon and Zoom. Graphite Founders: Greg Foster, Merrill Lutsky (CEO), Tomas Reimers Equity raised: $81 million Estimated 2024 revenue: $2 million Lead investors: Accel, Andreessen Horowitz, Homebrew New York City–based Graphite's flagship product, Diamond, is an AI assistant to speed up code reviews, in which programmers make sure their work is up to snuff, by flagging potential bugs and suggesting improvements. It's designed to understand context and reason about code like a human teammate, leading to adoption at fast-growing companies including Anysphere, Figma, Ramp and Shopify. Krea Founders: Victor Perez (CEO), Diego Rodriguez Equity raised: $83 million Estimated 2024 revenue: $5 million Lead investors: Abstract Ventures, Andreessen Horowitz, Bain Capital Ventures, Gradient Ventures, Pebblebed As AI revolutionizes creative work, many visual artists find themselves overwhelmed by the array of competing products. Krea, a design tool built by a team of musicians, poets, designers and videographers, offers visual artists one place to access a range of AI models that can generate new images from text prompts, refine existing ones or enhance video. The startup has attracted more than 20 million users globally, including from teams at Lego, Pixar and Microsoft. Lead Founders: Erica Khalili, Homam Maalouf, Jacqueline Reses (CEO), Ronak Vyas Equity raised: $110 million Estimated 2024 revenue: $170 million Lead investors: Andreessen Horowitz, Coatue, Khosla Ventures, Ribbit Partners, Zeev Ventures In 2022, former Square human resources chief Jacqueline Reses, now 55, and a team of investors acquired a nearly century-old com­munity bank with the goal of transforming it into a fintech startup. That business, Kansas City, Missouri–based Lead Bank, is now one of the few FDIC-insured financial institutions that issue loans and process payments for fintechs and crypto startups. It recently launched a stablecoin debit card with Visa and payments platform Bridge. Livekit Founders: Russ d'Sa (CEO), David Zhao Equity raised: $82 million Estimated 2024 revenue: $5 million Lead investors: Altimeter Capital, Redpoint When you use voice mode on ChatGPT, your phone connects to a LiveKit server. The San Francisco–based startup provides the technical back end to enable real-time audio and video for a bunch of applications, including roughly 25% of 911 emergency calls in the U.S. In all, it's used by almost 125,000 developers at places like Meta and Microsoft and supports 3 billion calls every year. The company raised $45 million at a $345 million valuation in April. Celine Halioua Ethan Pines for Forbes Loyal Founder: Celine Halioua (CEO) Equity raised: $135 million Estimated 2024 revenue: $0 Lead investors: Bain Capital Ventures, Collaborative Fund, First Round Capital, Khosla Ventures, Longevity Fund, Valor Equity Partners Dogs don't live long enough. Celine Halioua—an Oxford Ph.D. dropout and former chief of staff at the first VC firm focused on longevity-related biotechs—started San Francisco-based Loyal to develop drugs that could delay their aging by targeting metabolic and hormonal imbalances before they become disease. The company's first beef-flavored longevity pill could hit the market by 2026, potentially extending dogs' lives—and perhaps someday ours as well. (For more, see 'Longer Leash On Life: Inside The Dog Longevity Startup.') Amar Hanspal Cody Pickens for Forbes Motif Founders: Amar Hanspal (CEO), Brian Mathews Equity raised: $46 million Estimated 2024 revenue: $0 Lead investors: CapitalG, Redpoint Architects at some 20 firms use Amar Hanspal's two-year-old software to design buildings and complex structures while collaborating with one another in real time. It's like Figma, but for architects. The tool, trained on thousands of floor plans and public data, uses AI to generate 3D layouts after designers specify details like the number of conference rooms, ceiling heights and window placements. Before starting Motif, Hanspal, 61, did a 15-year stint at Autodesk, the construction industry's $5.5 billion (2024 revenue) software incumbent. 'People are designing intelligent buildings. We want to build an intelligence system that assists them,' he says. Cameron McCord (CEO) Nominal Nominal Founders: Jason Hoch, Cameron McCord (CEO), Bryce Strauss Equity raised: $102 million Estimated 2024 revenue: $5 million Lead investors: General Catalyst, Lux Capital, Sequoia Capital Those who make planes, robots and drones want to move fast. But Cameron McCord, 35, an ex-Navy nuclear engineer who spent five years working at defense startups, believed they didn't have the right tech to manage product testing. Nominal, which he cofounded in 2022, sells software that collects and analyzes the results of trials of aircraft and other hardware. Customers include the U.S. Air Force, Palmer Luckey's drone outfit Anduril and seaplane developer Regent. Reducto Founders: Adit Abraham (CEO), Raunak Chowdhuri Equity raised: $33 million Estimated 2024 revenue: $1 million Lead investors: Benchmark, First Round Capital MIT grads Adit Abraham, 26, and Raunak Chowdhuri, 23, named their startup Reducto after the Harry Potter spell that shatters objects. Their mission is a little tamer: Reducto's AI software turns messy documents into clean, usable data. Similar to how a human would review paperwork, Reducto's tech scans documents multiple times to catch and fix mistakes. So far, it has processed over 250 million pages for companies including Scale AI, Vanta and Airtable. Misha Laskin Reflection AI Reflection AI Founders: Ioannis Antonoglou, Misha Laskin (CEO) Equity raised: $130 million Estimated 2024 revenue: $0 Lead investors: CRV, Lightspeed Venture Partners, Sequoia Capital In 2016, Google DeepMind researcher Ioannis Antonoglou, now 37, helped develop AlphaGo, the first AI to beat an elite human player at the board game Go. Eight years later, he teamed up with Laskin, 35, another former DeepMind researcher, to build Reflection AI, with the goal of building a 'superintelligence' that can write and maintain code. Most AI coding companies are still focused on tools that help developers, but Reflection wants to fully replace them. Gabriel Stengel alexander karnyukhin for forbes Rogo Founders: Tumas Rackaitis, Gabriel Stengel (CEO), John Willett Equity raised: $75 million Estimated 2024 revenue: $2 million Lead investors: AlleyCorp, Khosla Ventures, Thrive Capital New York City–based Rogo is building a chatbot to help junior bankers with time sucks like crunching numbers, preparing presentations and spreadsheets or doing basic research. Trained on financial data­sets from places like Crunchbase and FactSet, the tool is used by some 10,000 busy juniors at firms including Tiger Global to trim hours from their 90-hour workweeks, says Gabriel Stengel, 27. With Rogo automating the gruntwork, bankers will be able to focus on more strategic tasks and building relationships with clients, he adds. Rox Founders: Ishan Mukherjee (CEO), Avanika Narayan, Diogo Ribeiro, Shriram Sridharan Equity raised: $50 million Estimated 2024 revenue: $0 Lead investors: General Catalyst, GV, Sequoia Ishan Mukherjee, 37, a former Apple engineer, started Rox in 2024. The startup, headquartered in San Francisco, builds AI 'agent swarms' that act like virtual assistants for sales teams—automating research, outreach and follow-ups so reps can focus on closing deals. Companies such as Ramp, MongoDB and Confluent are already using Rox to grow faster with fewer resources. Albert Pai (left) and Eric Simons Stackblitz Stackblitz Founders: Albert Pai, Eric Simons (CEO) Equity raised: $135 million Estimated 2024 revenue: $4 million Lead investors: Emergence, Greylock, GV, Insight In 2024, Eric Simons, 34, was on the verge of shuttering Stackblitz. The startup simply couldn't figure out how to make money from its browser-based coding tools. But when it embraced the 'vibe co­ding' AI software craze, its product, Bolt, took off. It allows people to build apps just by typing in a description. The company's customer base has surged to 5 million, with the company bringing in 85% of the year's revenue in just four months. John Hu Ethan Pines for Forbes Stan Founders: Vitalii Dodonov, John Hu (CEO) Equity raised: $5 million Estimated 2024 revenue: $25 million Lead investor: Forerunner Ventures Having millions of followers online doesn't immediately translate into a full-time salary. Stan tries to make it easier for those with online fame to cash in on their success with an online storefront linked to their social media profile. Stan, which claims to have achieved profitability after raising just $5 million from Forerunner Ventures back in 2022, provides an easy way for creators to sell their social media followers everything from personalized merch to coaching sessions. (For more, see 'This Startup Helps Creators Sell Classes, Coaching And More To Their Fans.') MORE FROM FORBES Forbes Next Billion-Dollar Startups 2024 By Amy Feldman Forbes Next Billion-Dollar Startups 2023 By Amy Feldman Forbes Next Billion-Dollar Startups 2022 By Amy Feldman

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