Archives

Payabli: Payments Infrastructure Company Secures $20 Million In Series A

By Amit Chowdhry ● Jul 10, 2024

Payments infrastructure solution company Payabli announced it had raised $20 million in Series A funding round. This funding round was led by QED Investors with participation from existing investors TTV Capital, Fika Ventures and Bling Capital based on the company’s greater than three times revenue growth.

Norm Ai: Regulatory Compliance Company Closes $27 Million

By Amit Chowdhry ● Jul 10, 2024

Norm Ai announced it has raised a fresh round of capital from some of the world's most respected financial institutions, collectively representing more than $5.75 trillion in assets. And the company has secured a $27 million Series A led by Coatue, with participation from Bain Capital Ventures, Blackstone Innovations Investments, New York Life Ventures, Citi Ventures, TIAA Ventures, and Jefferson River Capital (the family office of Tony James, the former President and COO of Blackstone). In the past 11 months, Norm has raised more than $38 million from leading firms.

INVI MindHealth: Mental Health Technology Company Founded By Former Navy Seal Secures $1.5 Million In Seed Funding

By Amit Chowdhry ● Jul 10, 2024

Mental health technology company INVI MindHealth announced the successful closing of a $1.5 million Series Seed funding round. The proceeds from this funding round will be utilized to enhance the current INVI Mindhealth application, driving innovation to improve user experience and the integration of content from experts on a range of mental health topics and solutions.

Zuub: Dental Revenue Cycle Automation Company Secures $9 Million In Series A

By Amit Chowdhry ● Jul 10, 2024

Zuub, a leading innovator in dental Revenue Cycle Automation, announced that it had secured $9 million in Series A funding led by Vertical Venture Partners with participation from existing investors Bonfire Ventures and MTech Capital. This investment will further Zuub's mission to recapture billions of dollars in lost revenue in the dental industry by applying artificial intelligence and advanced automation technologies.

Akina Connect: An Interview With Founder And CEO Leigh Higginbotham Butler

By Amit Chowdhry ● Jul 10, 2024

Akina Connect is a national membership network focused on connecting and empowering Black women by providing access to the tools and resources needed to elevate them in their careers, communities, and family lives. Pulse 2.0 interviewed Akina Connect founder and CEO Leigh Higginbotham Butler to learn more about the company.

Form Health: Obesity Care Company Raises $38 Million

By Amit Chowdhry ● Jul 10, 2024

Form Health, a leading provider of science-based obesity care in the US, announced it has raised a $38 million Series B with Sound Ventures serving as the lead investor. M13, SignalFire, and Next View Ventures also participated in the round.

iVerify: Advanced Mobile EDR Solutions Company Closes $12 Million In Series A

By Amit Chowdhry ● Jul 10, 2024

iVerify, a leader in advanced mobile EDR solutions, announced the closing of $12 million in Series A funding led by Shine Capital with participation from Exponential Founders Capital, Mischief Ventures, Box Group, Parameter Ventures, Talons Ventures, and Trail of Bits.

OlivePoint: $50 Million Raised From GCM Grosvenor

By Amit Chowdhry ● Jul 10, 2024

Private real estate investor OlivePoint announced that GCM Grosvenor (a global alternative asset management solutions provider with $79 billion of assets under management) has committed $50 million to OlivePoint’s latest investment fund on behalf of various U.S. Pension Plans.

Rebellion Ventures Launches To Invest In The Future Of AI

By Amit Chowdhry ● Jul 10, 2024

Rebellion Ventures has announced its inaugural fund, which is dedicated to partnering with entrepreneurs to build what it coined the era of artificial super capability (ASC) through autonomous operations and AI agents that have the power to transform business models and unleash the greatest productivity boost in human history.

Valpas: Hotel And Rental Bedbug Safety Company Secures €4 Million

By Amit Chowdhry ● Jul 10, 2024

Valpas, a provider of a tech-based solution for bedbug-safe stays in hotels and rentals, announced it has secured €4m in seed funding led by Zenith VC along with Icebreaker VC, Finnish Industry Investment, Canon Marketing Japan MIRAI Fund, Activum SG Ventures, Houghton Street Ventures, Rockaway Ventures and Morrow Ventures.

Swell VC: An Interview With Co-Founder Rusty Ralston About Finding Market-Defining Opportunities In Venture Capital

By Amit Chowdhry ● Jul 10, 2024

Swell VC, built around a core thesis that you win with people, is an early-stage venture capital firm that invests in market-defining opportunities. Pulse 2.0 interviewed Swell VC’s co-founder and general partner, Rusty Ralston, to learn more about the firm.

Fytted: An Interview With Co-Founders Greg Auerbach And Olivia Dicopoulos About This AI-Based Styling Recommendation Company

By Amit Chowdhry ● Jul 10, 2024

Fytted is an app that utilizes AI technology that is transforming the way you shop with precise body measurements and personalized styling recommendations. Over $38 billion was wasted in the processing of apparel returns last year and Fytted is reducing the time and money consumers and retailers spend on processing returns (making the online shopping experience more beneficial for all parties involved). And a portion of all of Fytted proceeds go to Remake, a charity that fights for human rights and climate justice in the clothing industry. Pulse 2.0 interviewed Fytted CEO and co-founder Greg Auerbach and Chief Creative Officer and co-founder Olivia Dicopoulos.

Formation Bio: AI-Native Pharma Company Secures $372 Million In Series D Funding

By Amit Chowdhry ● Jul 10, 2024

AI-native pharma company Formation Bio announced that it has raised $372 million of Series D funding. This funding round was led by a16z, with significant participation from Sanofi. Current investors, including Sequoia, Thrive, Emerson Collective, and Lachy Groom, and new investors like SV Angel Growth and FPV Ventures, also joined the round.

Sensi.AI: Care Intelligence Company Closes $31 Million In Series B

By Amit Chowdhry ● Jul 10, 2024

Care intelligence company Sensi.AI announced the successful raising of $31 million in Series B funding, bringing the company's total funding to over $53 million. And this funding round was co-led by Zeev Ventures and Insight Partners, with continued support from existing investors Entrée Capital, Flint Capital, Jibe Ventures and Secret Chord Ventures.

Crossover Markets: Digital Asset Trading Company Closes $12 Million In Series A

By Amit Chowdhry ● Jul 10, 2024

Crossover Markets, a digital asset technology firm focused on meeting the unique liquidity requirements of institutions, announced that it has raised $12 million in its Series A funding round led by Illuminate Financial and DRW Venture Capital. And Illuminate and DRW VC join a growing list of strategic investors that includes institutions such as Flow Traders, Laser Digital, Two Sigma, Wintermute, and retail brokers like Exness, Gate.io, GMO, Pepperstone, Trademax and Think Markets.

Meadow Partners: $530 Million Raised For Sixth Flagship Fund

By Amit Chowdhry ● Jul 10, 2024

Meadow Partners, an institutional middle-market real estate private equity investor, announced that the firm raised $530 million of new capital commitments for its sixth flagship fund Meadow Real Estate Fund VI LP and dedicated co-investment vehicles.

Micruity: Financial Tech Infrastructure Company Raises $5 Million

By Amit Chowdhry ● Jul 10, 2024

Micruity announced that it closed $5 million in funding to expand support for accumulation annuities and non-guaranteed income products on the Micruity platform.

SnapCare: How This AI-Enabled Healthcare Workforce Marketplace Is Transforming A $40+ Billion Market

By Amit Chowdhry ● Jul 10, 2024

SnapCare is an AI-enabled workforce marketplace serving the whole continuum of care. Pulse 2.0 interviewed SnapCare co-founder and Chief Operations Officer (COO) Jeff Richards to learn more about the company.

Incognia: The Story Behind This Innovative User Verification And Authentication Company

By Amit Chowdhry ● Jul 10, 2024

Incognia is the innovator of next-generation identity solutions that enable secure and seamless digital experiences. Pulse 2.0 interviewed Incognia co-founder and CEO André Ferraz to learn more about the company.

Americana Partners Expands Into LatAm Market

By Amit Chowdhry ● Jul 10, 2024

Americana Partners, an independent registered investment advisor (RIA) with $7+ billion in assets under management, announced its expansion into the Latin American market with the launch of Americana Partners International, dedicated to providing family office services to ultra-high net-worth individuals in the region.

LunchTable: Brand Amplification Platform Company Secures $2.4 Million

By Amit Chowdhry ● Jul 9, 2024

LunchTable (formerly Inphlu), a leading brand amplification platform, announced it has raised a $2.4 million seed financing round led by JumpStart Ventures, with participation from Cintrifuse Capital, Black Tech Nation Ventures, South Loop Ventures, Kobol.fund and angel investors.

Connexa Capital Reveals Debut Venture Capital Fund

By Amit Chowdhry ● Jul 9, 2024

Connexa Capital, a Miami-based VC firm, announced the final closing of its debut venture capital fund, Connexa Capital Fund I, L.P., with over $20 million in commitments, exceeding its initial target.

Rainforest: Payment Provider Company Secures $20 Million In Series A

By Amit Chowdhry ● Jul 9, 2024

Rainforest, a payment provider purpose-built for software platforms, announced it had raised an oversubscribed $20 million Series A funding round led by Matrix Partners. And additional participating investors include Accel, Infinity Ventures, BoxGroup, The Fintech Fund, Tech Square Ventures, Ardent Venture Partners – all of which joined in the company’s seed round announced last year. Matt Brown of Matrix is joining Rainforest’s board in connection with the funding.

TPG Sets Up Talent Management And Representation Company

By Amit Chowdhry ● Jul 9, 2024

Leading global alternative asset management firm TPG announced the formation of a new company that will acquire, invest behind, and build a diversified global business centered on talent management, representation, and adjacent verticals. Michel Pratte (former President of Boat Rocker Media) has been named CEO of the newly established company and Eric Taitz (former EVP of Corporate Development and Strategy at Boat Rocker) will serve as the company’s Chief Operating Officer.

CData Software: Data Connectivity Platform Company Raises $350 Million In Growth Capital

By Amit Chowdhry ● Jul 9, 2024

CData Software, a leading provider of data connectivity solutions, announced that it received about $350 million in growth capital from Warburg Pincus, a leading global growth investor, with participation from Accel. This funding round will enable CData to accelerate its investments in building advanced data integration solutions for customers. Updata Partners, the only investor in CData’s Series A in 2020 and Series B in 2021, will remain a significant investor.

CipherHealth: Funding Raised From Atalaya Capital Management

By Amit Chowdhry ● Jul 9, 2024

CipherHealth, a leader in patient-centered communication solutions, announced that it has received a capital investment from Atalaya Capital Management in support of continued growth and expansion.

Active Membranes Secures Seed Funding To Develop Tech For Large-Scale Desalination Projects

By Amit Chowdhry ● Jul 9, 2024

Active Membranes, a developer of award-winning electrically conducting membranes used in desalination, announced it had closed its initial round of Seed Funding to further develop its game-changing desalination technology. This funding round includes investments from Natural Ventures, Echo River Capital, and Pacifica Water Solutions, one of Active Membranes' co-founders.

Foodsmart Raises $200 Million In Funding Led By TPG

By Amit Chowdhry ● Jul 9, 2024

The Rise Fund, which is the multi-sector strategy of TPG’s global impact investing platform, announced it has signed definitive documentation to lead an investment of over $200 million in Foodsmart - which is the leading telenutrition provider and food benefits management platform in the US. The terms of the deal were not disclosed.

Swander Pace Capital Partners Investing In Inovata Foods

By Amit Chowdhry ● Jul 9, 2024

Swander Pace Capital (SPC), a private equity firm specializing in partnering with family-held and entrepreneur-owned consumer product companies, announced an investment in Inovata Foods, a leading manufacturer of private-label frozen entrées. Founded by Steve and Lisa Parsons in 1989, Inovata manufactures a wide range of frozen meals across two facilities in Canada and services customers in both the U.S. and Canada.

Brighton Park Capital Investing $112 Million In PortSwigger

By Amit Chowdhry ● Jul 9, 2024

Brighton Park Capital, an investment firm focused on entrepreneur-led, growth-stage companies within the software, healthcare, and tech-enabled services businesses space, announced a $112 million investment in PortSwigger - which is a renowned application security software provider to drive growth. And PortSwigger’s first-ever external investment marks a significant milestone, enabling the company to accelerate product development and expand its research and community-focused initiatives, strengthen its international footprint, and continue its trajectory of innovation.