Artificial Intelligence

Advisor360° Buys GenAI Provider Company Parrot AI

By Amit Chowdhry ● Jan 16, 2025

Advisor360°, a leading provider of integrated technology for enterprise wealth management firms, announced it acquired Parrot AI, a Boston-based generative AI technology firm. This deal builds on Advisor360°’s existing AI capabilities with the addition of Parrot AI’s premium software—enabling advisors to record, transcribe, and summarize meetings to produce shareable notes and files that securely and seamlessly integrate with all major meeting and conferencing platforms.

Enable Buying Pricing Engine Company Flintfox

By Amit Chowdhry ● Jan 16, 2025

Enable, an AI-based rebate management leader, announced the acquisition of the pricing engine Flintfox. This strategic deal brings together rebate and pricing management expertise to deliver a unified solution for managing trading partner incentives, enabling organizations to drive better collaboration, align incentives with strategic goals, and maximize profitability.

ControlMonkey: $7 Million (Seed) Raised By AI-Based Cloud Infrastructure Platform Company

By Amit Chowdhry ● Jan 16, 2025

ControlMonkey, an end-to-end cloud automation platform offering "Total Cloud Control with Terraform," announced its global launch and the close of a $7 million seed round, co-led by lool ventures and Joule Ventures. This funding round will accelerate the development of ControlMonkey's cloud governance tools and expand its global operations, including significant investments in engineering, customer success, and go-to-market initiatives.

Rockfish: $4 Million (Seed) Raised For Advancing Synthetic Generation Data Platform

By Amit Chowdhry ● Jan 16, 2025

Rockfish Data, a leader in synthetic data generation for operational workflows, announced the closing of a $4 million seed fundraising round. This funding round was led by Emergent Ventures with participation from Foster Ventures, TEN13, Dallas VC, NewBuild Venture Capital, and others. This brings the total amount raised close to $6 million.

Netradyne: $90 Million (Series D) Raised By AI-Based Fleet Safety Solutions Company

By Amit Chowdhry ● Jan 16, 2025

Netradyne, a SaaS provider of artificial intelligence (AI) and edge computing, announced closing a $90 million Series D round led by Point72 Private Investments with participation from Qualcomm Ventures and Pavilion Capital. The funding will accelerate the company’s growth trajectory through strategic investment in R&D, enhanced go-to-market investments, and aggressive global expansion, solidifying Netradyne as a worldwide industry leader in commercial fleet technology.

Coram AI: $13.8 Million (Series A) Raised For Enhancing Video Security Platform

By Amit Chowdhry ● Jan 16, 2025

Coram AI, an innovator in LLM-powered video security, announced it raised $13.8 million in Series A funding in a round led by Battery Ventures. And existing investors 8VC and Mosaic Ventures also participated in the round.

Truveta: EHR Data Company Raises $320 Million At Over $1 Billion Valuation

By Amit Chowdhry ● Jan 16, 2025

Leading US health systems, including Advocate Health, CommonSpirit Health, Henry Ford Health, Northwell Health, Providence, and Trinity Health, announced the Truveta Genome Project, which is an innovative collaboration to generate genetic data on tens of millions of consented and de-identified volunteers, creating the largest and most diverse database of genotypic and phenotypic information ever assembled. For this initiative, 17 health systems, including Regeneron and Illumina, have invested $320 million in Truveta preferred equity at a valuation exceeding $1 billion. As part of this deal, Regeneron has made a strategic investment of $119.5 million upfront (as part of Truveta’s Series C financing round), enabling the advancement of discovery and development of new therapies and the development of next-generation solutions for healthcare delivery and population health management. And Illumina, a global leader in DNA sequencing and array-based technologies, will invest $20 million. This builds on the previously announced strategic investment Microsoft made into Truveta.

Deep Vector: $1.5 Million (Seed) Raised For Transforming Insurance Data Extraction

By Amit Chowdhry ● Jan 16, 2025

Deep Vector, an AI-based platform for analyzing underwriting documents, announced it closed a seed round of $1.5 million, co-led by Aperture Venture Capital and InsurTech NY. And Deep Vector helps insurers and brokers translate the influx of analog documents used for underwriting risk: claims loss runs, Acord forms, motor vehicle records, and business records into usable and actionable data.

Qventus: $105 Million (Series D) For AI-Based Health System Automation

By Amit Chowdhry ● Jan 16, 2025

Qventus, a provider of AI-based care automation software for health systems, announced a $105 million investment led by KKR, with additional participation from renowned investment firm Bessemer Venture Partners, and new strategic investors, including leading health systems Northwestern Medicine, HonorHealth, and Allina Health. And this funding follows a year of significant growth for Qventus, increasing its cadre of health system partners and expanding its team globally.

Labviva: $25 Million (Series B) Raised For Accelerating Life Sciences Product Development

By Amit Chowdhry ● Jan 16, 2025

Labviva, a leading AI procurement platform for life sciences, announced the closing of its $25 million Series B, bringing the total funding to $55 million. The round was led by 53 Stations, with continued participation from Biospring Partners, B Capital Group, and Glasswing Ventures. And the funding reflects the company’s boom growth and escalating demand in Biopharma for automated supply chain and procurement solutions. In connection with the funding round, 53 Station’s co-founder and Managing Partner, Jason Pritzker, will join Labviva’s Board of Directors.

Ubiety Technologies: $10 Million (Series A-1) Secured At $90 Million Valuation For Home Insights Platform

By Amit Chowdhry ● Jan 16, 2025

Ubiety Technologies announced that it has completed a $10 million Series A-1 financing. This funding will be used to enhance its product, accelerate the development of its proprietary AI engine, and expand go-to-market capabilities to meet the needs of its rapidly growing customer base.

hc1: $6.25 Million Raised To Transform Lab Data Into Actionable Intelligence

By Amit Chowdhry ● Jan 13, 2025

hc1, a leader in transforming lab data into actionable intelligence that improves patient health outcomes while boosting the bottom line, announced it raised $6.25 million in new financing after a successful acquisition in October 2024 of Accumen. Existing investor Health Cloud Capital led the investment with participation from health tech investment firm A1 Health Ventures. And Arsenal Capital Partners joined the investor base in the combined platform via its ownership stake in Accumen.

Fermata: $10 Million (Series A) Raised For Computer Vision Agriculture Solutions

By Amit Chowdhry ● Jan 13, 2025

Fermata, a data science company specializing in computer vision agriculture solutions, announced it closed $10 million in a Series A funding round backed by Raw Ventures. This funding will support the company's vision of developing a centralized digital brain for the horticulture industry, enabling autonomous management of crops through advanced data analysis and creating a system that continuously learns from available data.

Luster: Interview With Co-Founder & CEO Christina Brady About The Predictive Enablement Company

By Amit Chowdhry ● Jan 13, 2025

Luster is a company enabling the world’s top sales teams with Predictive Enablement technology. Pulse 2.0 interviewed Luster co-founder and CEO Christina Brady to learn more about the company.

Gluware Acquired By Cuadrilla Capital

By Amit Chowdhry ● Jan 12, 2025

Intelligent network automation leader Gluware announced its acquisition by Cuadrilla Capital, a leading enterprise software private equity firm. The funding from Cuadrilla will enable Gluware to penetrate the Global 2000 market further and address the most complex enterprise network challenges these worldwide leaders face.

Oxford Cancer Analytics: $11 Million (Series A) Secured For Transforming Early Lung Cancer Detection And Enabling Curative Treatments

By Amit Chowdhry ● Jan 10, 2025

Oxford Cancer Analytics - a medical technology company developing blood tests for early cancer detection using advanced proteomics and AI - announced it has raised $11 million in Series A funding from global investors, such as in-field institutional investors in disease detection and diagnostics.

Slate: Interview With CEO Trevor Schick About The Decision Assistant Company

By Amit Chowdhry ● Jan 10, 2025

Slate is a company that is empowering teams with a powerful decision assistant that utilizes advanced technology and smart data to drive better outcomes, enabling individuals and teams to make well informed decisions that transform construction projects and revolutionize the industry. Pulse 2.0 interviewed Slate CEO Trevor Schick to learn more about the company.

Qualified Health: $30 Million (Seed) Raised For Developing GenAI Infrastructure In Healthcare

By Amit Chowdhry ● Jan 10, 2025

Qualified Health announced its launch with $30 million in seed funding to develop the infrastructure for generative AI in healthcare. The major investors are SignalFire, Healthier Capital, Town Hall Ventures, and Frist Cressey Ventures, with participation from Intermountain Ventures, Flare Capital Partners, and prominent healthcare and technology sector angels.

Grove: $4.9 Million (Seed) Raised For Transforming Clinical Trials

By Amit Chowdhry ● Jan 9, 2025

Grove AI, a next-generation clinical trial management and intelligence company, announced a $4.9 million seed fundraise led by A*, with participation from Afore Capital, LifeX Ventures, Pear VC, Upfront Ventures, and industry-leading angels. The company’s additional investors include angel backers with deep sector expertise, such as Ajit Baid (former Head of Global Asset at UCB), Chloe Yoo (Director at ICON), Phuc Truong (co-founder of CRIO), Till Pieper (former Google Cloud AI lead), and others.

Innovaccer: Healthcare AI Company Raises $275 Million (Series F)

By Amit Chowdhry ● Jan 9, 2025

Innovaccer - a leading healthcare AI company - announced a $275 million Series F funding round. This round was a combination of primary and secondary and included participation from B Capital Group, Banner Health, Danaher Ventures LLC, Generation Investment Management, Kaiser Permanente, and M12.

Hippocratic AI: Healthcare LLM Company Raises $114 Million (Series B) At $1.64 Billion Valuation

By Amit Chowdhry ● Jan 9, 2025

Hippocratic AI (see Pulse 2.0 profile here), the company that pioneered the first healthcare LLM for patient-facing non-diagnostic clinical tasks, announced that the company completed its series B financing round only nine months after its series A. The series B raised $141 million, valuing the company at $1.64 billion. The funding round was led by Kleiner Perkins. They were joined by existing investors: A16z, General Catalyst, Premji, NVIDIA, SV Angel, Universal Health Services (UHS), and WellSpan Health, which all participated at or above pro-rata.

Zenity: Interview With CEO Ben Kliger About The AI Agent Security Company

By Amit Chowdhry ● Jan 9, 2025

Zenity is a leader in helping enterprises secure and govern AI agents. Pulse 2.0 interviewed Zenity CEO Ben Kliger to learn more about the company.

DDN: AI And Data Intelligence Solutions Company Raises $300 Million At $5 Billion Valuation

By Amit Chowdhry ● Jan 9, 2025

DDN, a leader in AI and data intelligence solutions, announced it has received a $300 million investment from funds managed by Blackstone Tactical Opportunities at a $5 billion valuation. This investment will help fund DDN’s continued rapid growth as it serves its customers’ fast-expanding AI and high-performance computing (HPC) software and infrastructure needs.

Tribble: Interview With Co-Founder & COO Ray Shipley About The AI-Native Enterprise Company

By Amit Chowdhry ● Jan 9, 2025

Tribble is an AI-native enterprise dedicated to optimizing go-to-market operations. Pulse 2.0 interviewed Tribble co-founder and Chief Operating Officer (COO) Ray Shipley to learn more about the company.

Opnova: Interview With Co-Founder & CEO Sinan Eren About The Agentic AI Solution Company

By Amit Chowdhry ● Jan 9, 2025

Opnova is a company that is transforming IT, security, and compliance operations with an agentic AI solution that takes the “Rework Out of Work.” Pulse 2.0 interviewed Opnova co-founder and CEO Sinan Eren to learn more about the company.

Krateo.AI: Interview With CEO Clay Sharman About The Revenue Funnel Company

By Amit Chowdhry ● Jan 9, 2025

Krateo.AI is an AI-based platform that turns anonymous visitors into prospects by building unique digital footprints around engagement so AI can deliver insights and actionable recommendations for optimal consumer engagement across all sales channels. Pulse 2.0 interviewed Krateo.AI CEO Clay Sharman to learn more about the company.

Conversive: Interview With Co-Founder & CEO Nitin Seth About The AI-Based Conversational Messaging Company

By Amit Chowdhry ● Jan 7, 2025

Conversive is a new conversational messaging platform that enables businesses to cultivate meaningful one-on-one conversations by handling inquiries through intelligent, risk-free, and personalized interactions available 24/7 across multichannel touchpoints. Pulse 2.0 interviewed Conversive co-founder and CEO Nitin Seth to learn more about the company.

Mili: AI-Based Wealth Management Meeting Platform Company Raises $2 Million (Seed)

By Amit Chowdhry ● Jan 7, 2025

Mili, an AI-based meeting documentation platform for wealth management firms, announced it raised $2 million in seed funding led by Chiratae and BoldCap, with participation from Sparrow Capital, SFMG Wealth Advisors, Gregg Fisher (Quent Capital), and Better Capital.

Fazeshift: AI-Based Accounts Receivable Agent Company Raises $4 Million (Seed)

By Amit Chowdhry ● Jan 7, 2025

Fazeshift - an AI agent for Accounts Receivable - announced it raised $4 million in seed funding led by Gradient, Google's early-stage AI fund. The funding round also included investment from Y Combinator, Wayfinder, Pioneer Fund, Ritual Capital, Phoenix Fund, and prominent angels, including Terrence Rohan, Kulveer Taggar, and Rich Aberman.

boon AI: AI-Based Commerical Fleet Workflow Platform Raises $20.5 Million (Series A)

By Amit Chowdhry ● Jan 7, 2025

boon AI - an AI-based workflow platform for commercial fleets - announced it is launching to transform supply chain and logistics by offering a single system to automate repetitive manual tasks. The Series A round was led by Marathon and Redpoint Ventures. The funding will accelerate the benefits it brings to customers, ranging from food delivery to powering the teams that ensure holiday gifts arrive on time. The new funding round will enable boon to grow its engineering and go-to-market teams.