FundraiseBase by

Letter AI

Raised $40M in a Series B round, announced 24 February 2026.

Round

Letter AI raised a $40 million Series B round four months after its previous raise.

Amount: $40M
Stage: Series B
Announced: 24 February 2026
Lead: Battery Ventures
Other investors: Y Combinator, Lightbank, Northwestern Mutual Future Ventures, Stage 2 Capital, Formus
Checked: Amount and date matched across 3 press sources

Company

AI-powered sales software startup that helps businesses with sales outreach and revenue work.

Based in: Chicago
Sector: AI
Website: letter.ai ↗

Founder

Ali Akhtarcofounder and CEOLinkedIn ↗

Sources and links

Sources: Letter AI raises $40M just 4 months after Series A as investors pile into sales tech - The Business Journals news.google.com
Sales startup Letter AI snags $40 million Series B four months after its last raise. Read its pitch deck. - Bu news.google.com
Letter AI Raises $40M Series B to Bring Deal-Level Intelligence to Revenue Enablement - PR Newswire news.google.com
Website: letter.ai ↗
LinkedIn: Ali Akhtar ↗

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