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Clutch Security: $8.5 Million (Seed) Raised To Advance Universal Non-Human Identity Security Platform

By Amit Chowdhry ● Aug 11, 2024

Clutch Security announced it emerged from stealth and unveiled its groundbreaking Universal Non-Human Identity (NHI) Security Platform. The company also revealed a $8.5 million Seed funding round led by Lightspeed Venture Partners, with participation from Merlin Ventures and notable angel investors. Clutch’s mission is to deliver end-to-end NHI security and proactively bridge NHI security gaps across the entire organizational landscape without affecting business velocity.

Apromore: AI-Based Process Mining And Digital Solutions Company Closes $15 Million (Series B-1)

By Amit Chowdhry ● Aug 11, 2024

Apromore, a leading provider of AI-driven process mining and digital solutions, announced it has closed an additional $15 million in funding as an extension to its Series B, led by existing investors with participation by Tin Alley Ventures, a joint venture between Tanarra Capital and the University of Melbourne and other investors. This funding brings the total amount of the Series B round to $25.3 million USD / $38.7 million AUD.

CloudPay: Payroll Solutions Company Secures $120 Million

By Amit Chowdhry ● Aug 11, 2024

CloudPay, a leading independent provider of global payroll and payment solutions, announced the closing of a $120 million funding round led by Blue Owl Capital with the participation of existing shareholders Rho Capital Partners, The Olayan Group and Hollyport Capital. This funding strengthens CloudPay's capital base and provides flexibility for future growth opportunities.

Levitate: Relationship-Based Management Company Raises $15 Million (Series D)

By Amit Chowdhry ● Aug 11, 2024

Levitate - a SaaS 'Happiness Platform' for relationship-based businesses - announced the successful completion of its Series D funding round at $15 million. This funding round was led by Harbert Growth Partners, Northwestern Mutual Future Ventures and Bull City Venture Partners. And this funding round brings Levitate's total raised capital to $55 million.

IntelePeer: AI-Based Communications Automation Company Raises $140 Million (Strategic Growth)

By Amit Chowdhry ● Aug 9, 2024

IntelePeer (a leading AI-powered Communications Automation provider) announced the completion of $140 million in new growth funding and debt financing. This strategic growth investment was co-led by Savant Growth and VantagePoint Capital Partners with support from Savant limited partners including Coller Capital, Hollyport Capital, Manulife Investment Management and Achmea. Vector Capital (through its newly formed direct credit strategy Vector Velocity) led the debt financing.

Language I/O: $5 Million Raised In Round Led By Gutbrain Ventures

By Amit Chowdhry ● Aug 9, 2024

Language I/O - a leader in AI-powered and multilingual customer support technology - announced a $5 million funding round led by Gutbrain Ventures. This funding included participation from several new venture firms inspired by Language I/O’s unique platform.

Feeling Great: Mental Health App Company Raises $8 Million (Seed)

By Amit Chowdhry ● Aug 9, 2024

Dr. David D. Burns, a world-renowned psychiatrist and best-selling author of many self-help books like Ten Days to Self-Esteem, Feeling Good, and Feeling Great, announced a new tool in the fight against depression and anxiety - which is the Feeling Great app. This has the same name as its literary predecessor. The company, which includes co-founders Matt Pierce and Jeremy Karmel, also revealed $8 million in seed funding co-led by Learn Capital and TitleTownTech, with additional participation from Lux Ventures, WaveMaker Three-Sixty Health, Pacific Health Ventures, and Treble Capital.

Cents: $40 Million (Series B) Raised To Power The Way Garment Care SMBs Grow

By Amit Chowdhry ● Aug 9, 2024

Cents, the largest leading all-in-one business management platform powering the way garment care SMBs grow, manage, and understand their businesses, announced the closing of its $40 million Series B funding round.