Julius AI, a promising AI data analysis startup, recently secured a substantial $10 million seed funding round led by Bessemer Venture Partners. The investment was also supported by Horizon VC, 8VC, Y Combinator, and the AI Grant accelerator, as well as notable angel investors like Aravind Srinivas, Guillermo Rauch, and Jeff Lawson.
Founder Rahul Sonwalkar founded Julius after completing his tenure at Y Combinator in 2022, transitioning from a logistics startup. Julius stands out as an AI-powered data scientist, offering advanced analytics, predictive modeling, and visualization capabilities. Despite similarities to existing platforms like ChatGPT and Google’s Gemini, Julius has established a unique niche in the market, boasting over 2 million users and generating 10 million visualizations.
Julius simplifies data analysis by allowing users to interact with it conversationally, enabling them to pose complex queries like visualizing revenue and net income trends across different industries in China and the US. The platform’s specialization in data science attracted the attention of Harvard Business School professor Iavor Bojinov, who collaborated with Sonwalkar to tailor Julius for HBS’ Data Science and AI for Leaders course.
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Sonwalkar’s journey with Julius hasn’t been without its share of challenges, including skepticism from others about the platform’s viability. However, the focus on a specific use case has been crucial to Julius’ success. Sonwalkar’s stint at Y Combinator also included a memorable viral prank post-Elon Musk’s Twitter acquisition, showcasing his entrepreneurial spirit beyond the unconventional.
Despite the brief notoriety from the prank, Sonwalkar emphasizes that Julius deserves more recognition for its innovative approach to data analysis. His commitment to the platform’s growth and impact is evident, as Julius continues to gain traction and establish itself as a prominent player in the AI data analysis realm.