Startups

Platform Science: $125 Million In Growth Capital Raised

By Amit Chowdhry ● Apr 13, 2024

Platform Science, a leading-edge application platform for transportation, announced that it raised $125 million in growth capital to accelerate innovation in the commercial transportation sector. The key strategic investors in this round included C.R. England, Cummins, Daimler Truck, PACCAR, RyderVentures, and Schneider. And new financial investors included Activant Capital, BDT & MSD Partners, and Manhattan Venture Partners. Platform Science also saw strong participation from existing investors, including 8VC, NewRoad Capital Partners, and Prologis Ventures.

ID5: Digital Ad Provider Secures $20 Million

By Amit Chowdhry ● Apr 11, 2024

ID5, a market-leading identity provider for digital advertising, announced a Series B funding round of $20 million. TransUnion and S4S Ventures join existing investors Progress Ventures, Seventure Partners, 360 Capital Partners, Axio, and Aperiam Ventures to support ID5 in growing its privacy-first advertising identity service. And in connection with the funding round, Sanja Partalo, Co-Founder and Managing Partner of S4S Ventures, and Michael Schoen, EVP and head of TruAudience marketing solutions at TransUnion, join the ID5 board of directors.

Zinclusive: $10 Million Raised To Make Financing More Accessible

By Amit Chowdhry ● Apr 11, 2024

Zinclusive - a financially inclusive lender built to disrupt the multi-billion dollar predatory high-interest unsecured consumer lending market -announced it has raised $10 million from a private family office to expand access to more affordable credit to disrupt the predatory high-interest consumer lending market. Utilizing innovative underwriting models and alternative data, Zinclusive aims to offer more competitive rates, benefiting customers with limited or poor credit histories.

PVML: Data Protection Technology Company Raises $8 Million

By Amit Chowdhry ● Apr 11, 2024

PVML has announced the general availability of its platform for secure AI-powered data access and $8 million in seed funding led by NFX with participation from FJ Labs and Gefen Capital.

Rally UXR: Modern User Research CRM Company Closes $8.8 Million In Seed Funding

By Amit Chowdhry ● Apr 11, 2024

Rally announced it raised $8.8 million in funding to connect teams with their users more meaningfully. The $8.8 million funding round includes a recent Seed round led by Stage 2 Capital with participation from Y Combinator and TIA Ventures. This funding round will bring Rally to a broader audience and further its goal of connecting teams with their users.

Guesty: Property Management Software Company Secures $130 Million

By Amit Chowdhry ● Apr 11, 2024

Guesty, a leading property management software platform for the short-term rental (STR) and hospitality industry, announced a $130 million Series F funding round led by KKR. Inovia Capital and existing investors Apax Funds, BDT & MSD Partners, and Sixth Street joined the round, extending their support following Guesty's significant expansion and sustained growth.

Nexamp: Independent Renewable Energy Provider Raises $520 Million

By Amit Chowdhry ● Apr 11, 2024

Nexamp, a leading independent renewable energy provider and the nation's largest community solar developer and owner announced that it had secured $520 million in a capital raise led by Manulife Investment Management and existing investors Diamond Generating and Generate Capital. And the company will utilize the investment to expedite the deployment of its national project pipeline, accelerate expansion and developer partnerships in new and existing markets, and drive the growth of its generation and consumer-driven offerings.

Alethea: Disinformation Detection And Mitigation Company Raises $20 Million

By Amit Chowdhry ● Apr 10, 2024

Alethea, a leader in disinformation detection and mitigation, announced the closing of a $20 million Series B funding round led by GV, with participation from Ballistic Ventures. Also joining the round is Hakluyt Capital. This new funding round signifies investor confidence in Alethea's vision, technology capabilities, and the transformative impact the company will have on creating a more secure digital environment. Including this funding round, Alethea has raised $34 million.

Quintar: Spatial XR Platform Company $8.2 Million

By Amit Chowdhry ● Apr 10, 2024

Quintar, an extended reality company that provides its true spatial XR platform for developing real spatial experiences, announced that Centre Court Capital had made a significant investment as part of an $8.2 million Series A round. SeventySix Capital and Cowles Company led the funding round. In connection with the investment, Mustafa Ghouse, General Partner of Centre Court Capital, will join the Quintar board.

StrikeReady: Cybersecurity Leader Raises $12 Million

By Amit Chowdhry ● Apr 10, 2024

StrikeReady—an AI pioneer advancing the way modern security teams operate—announced $12 million in funding. The Series A funding round was led by 33N Ventures, with participation from Hitachi Ventures, Monta Vista Capital, and industry luminaries Brian NeSmith, executive chairman and former CEO at Arctic Wolf, and Rod Beckstrom, former CEO of ICANN and Founding Director of U.S. National Cybersecurity Center (now CISA).