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July 17, 2026 - Deals
State Affairs Secures $70M Funding From Founders Fund Khosla Ventures And Others
State Affairs (@StateAffairsUS), an AI-powered intelligence platform headquartered in Miami, Florida, has raised $70M in funding to expand its mission of helping institutions navigate the policy and regulatory economy. Founded by Evan Burns and Jamie Seltzer, the company combines one of the nation’s largest networks of embedded statehouse reporters with an advanced AI knowledge graph that tracks legislation, regulations, and hearings across all 50 states and the federal government. Today, the platform is used by one-third of U.S. state and federal elected officials, as well as major enterprises including Walmart, Mastercard, and McDonald’s. The funding round was backed by investors including Founders Fund, Khosla Ventures, Tru Arrow Partners, Alumni Ventures, and several prominent media and business leaders, underscoring confidence in State Affairs’ approach to delivering real-time policy intelligence.
FOUNDERS: Evan Burns, Jamie Seltzer
CCO: Alison Bethel
INVESTORS: Founders Fund, Khosla Ventures, Tru Arrow Partners, Alumni Ventures, Marcus Brauchli, Alex Mather, Adam Hansmann & Richard Sarnoff
AMOUNT: $70,000,000
HQ: Miami, Florida
#VentureCapital #StateAffairs #TradedPartner #EvanBurns #JamieSeltzer #AlisonBethel #TradedVC
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Businesses Increase AI Spending As Anthropic Leads Adoption At 43.5%Ramp’s latest AI Index shows businesses are continuing to increase AI spending despite rising pressure from cheaper and open-source models. In July, the top 1% of businesses spent a median $7,400 per employee on AI, compared with $650 for the top 10% and $11.95 for the median firm, while Anthropic led business adoption at 43.5%, ahead of OpenAI at 39.7%.
#VentureCapital #Ramp #TradedVC