Archives

Viakoo: The Story Behind This Rapidly Growing Cyber Hygiene And Service Assurance Company

By Amit Chowdhry ● May 28, 2024

Braavo Capital: $5 Million Closed For Accelerating Web2App Subscriber Acquisition

By Amit Chowdhry ● May 28, 2024

Braavo Capital, a leading financing partner for consumer subscription apps, announced today the successful closing of a $5 million Series B funding round. Led by existing insiders with participation from Series A lead investor Headline and accompanied by a new $30 million debt fund with Upper90. This funding round marks a significant milestone for Braavo's continued expansion.

AssetWatch: Predictive Maintenance Solutions Company Raises $38 Million

By Amit Chowdhry ● May 28, 2024

AssetWatch, a leading condition monitoring and predictive maintenance organization, announced closing its Series B financing round of $38 million led by Wellington Management. And the company’s Series A investors, including G2 Venture Partners, Triangle Peak Partners, Standard Investments, Osage University Partners, and JobsOhio Growth Capital Fund, are investing in the Series B funding round.

Merit: Engagement Technology Company Raises $12 Million

By Amit Chowdhry ● May 28, 2024

Merit, a company that focuses on customer and engagement technology, announced it has reported oversubscription in its latest funding round, bringing in $12 million against a goal of $5 million in its pre-Series B effort led by Alistithmar Capital i-Cap and followed by existing Series A investors, Tech Invest Com and Hambro Perks Oryx Fund.

Daffodil Health: Healthcare Pricing And Administration Company Closes $4.6 Million

By Amit Chowdhry ● May 28, 2024

Daffodil Health, a provider of healthcare pricing and administration AI-powered solutions, announced it raised $4.6 million in a seed funding round led by Maverick Ventures, with participation from Epic Ventures.

Kudos: AI-Powered Smart Wallet Company Raises $10.2 Million

By Amit Chowdhry ● May 28, 2024

Kudos, an AI-powered smart wallet that automatically maximizes consumer rewards and benefits on every purchase, announced it has completed a $10.2 million Series A fundraising round. This oversubscribed round was led by QED Investors. Additional participants included returning investor Patron, and The Points Guy founder Brian Kelly, Samsung Next, SV Angel, Precursor Ventures, The Mini Fund, Newtype Ventures, and the Four Cities Fund. Kudos plans to use some of the funding to roll out various new services that will augment its quickly evolving smart wallet product.

Atraverse Medical: $12.5 Million Raised To Develop Left-Heart Access Technology

By Amit Chowdhry ● May 28, 2024

San Diego-based medical device company Atraverse Medical announced the FDA clearance of its HOTWIRE radiofrequency (RF) guidewire, a novel device that enables zero exchange left-heart access while also acting as a rail for catheter-based therapy systems. The company also announced the oversubscription of its seed round at $12.5 million.

Truveris: Pharmacy Cost Containment Company Closes $15 Million

By Amit Chowdhry ● May 28, 2024

Truveris, a leader in pharmacy cost containment and program performance, announced it has raised $15 million in Series E investment led by two lead investors: Canaan Partners and New Leaf Venture Partners.

Capchase: SaaS-Based Revenue Acceleration Platform Secures €105 Million

By Amit Chowdhry ● May 28, 2024

Capchase, a revenue acceleration platform for Software-as-a-Service (SaaS) companies, announced it has secured a €105 million credit facility warehouse led by Deutsche Bank. This new funding contributes to the $1+ billion in combined debt and equity financing Capchase has received since its founding in 2020.

Rain AI: $8.1 Million Raised To Build Cost-Efficient Computing Hardware

By Amit Chowdhry ● May 28, 2024

Epic Venture Partners announced it has invested $8.1 million into Rain AI (a Sam Altman-backed startup). This was part of Rain AI's $25 million Series A extension round. Rain AI is an AI chip startup headed by CEO William Passo, with a goal of building cost- and energy-efficient AI hardware.