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Coatue-backed Distyl AI founded by Palantir alums, raises $20 million funding round, sources say

  • Distyl AI, founded by Palantir alums Arjun Prakash and Derek Ho, has raised a Series A funding round of $20 million.
  • The funding round values the startup at least $200 million.
  • Distyl AI develops AI-assisted workflows for enterprise companies and has a strategic partnership with OpenAI.
  • The company targets Fortune 100 companies in sectors such as consumer packaged goods, retail, insurance, healthcare, and manufacturing.

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