Archives

Entrio: Tech Adoption Platform Company Extends Round To $11 Million

By Dan Anderson ● Nov 22, 2023

Entrio - an Israel-based tech adoption platform company - recently announced that it extended its recent funding round to $11 million and welcomed new investors American Family Ventures, Fin Capital, and Selah Ventures with additional support from existing investor Alicorn.

Default: AI-Powered Inbound Sales Funnel Rolls Out And $6.6 Million Seed Funding Unveiled

By Annie Baker ● Nov 22, 2023

Default - an all-in-one platform for inbound sales - recently announced the rollout of its AI-powered inbound sales funnel. Utilized by SaaS companies, fintechs, and businesses with an inbound sales strategy, the new engine helps go-to-market teams automate inbound workflows, generates unique insights about inbound leads and accounts, and improves integration between ingested data and first-party records so that no leads go missing. The company also unveiled a $6.6 million funding round.

Elucid: Medical Imaging Analysis Company Secures $80 Million

By Amit Chowdhry ● Nov 22, 2023

Elucid - a leading medical technology company providing physicians with AI-powered imaging analysis software to assess cardiovascular disease - recently announced it has raised $80 million in Series C funding.

Divergent Technologies: $230 Million Upsized Series D Funding Round Closed

By Amit Chowdhry ● Nov 22, 2023

Divergent Technologies - a company that has invented, developed, and commercialized the world's first end-to-end digital industrial manufacturing system - recently announced that it has completed a Series D equity financing totaling $230 million. The funding round was led by a $100 million investment from Hexagon AB and included participation from new and existing institutional and family office investors.

Element Energy: Battery Management Technology Company Raises $111 Million

By Amit Chowdhry ● Nov 22, 2023

Element Energy - a Menlo Park-based Battery Management Technology company - recently announced the closing of $111 million in capital comprised of a $73 million Series B equity investment and a $38 million debt facility provided by Keyframe Capital Partners, L.P.

Why UpLift Is Buying Minded

By Amit Chowdhry ● Nov 22, 2023

UpLift - a technology-driven behavioral health company delivering in-network therapy and psychiatry - recently announced that it has acquired Minded, an online psychiatry provider with specialized care for women. The deal expands UpLift's ability to deliver team-based therapy and psychiatry to all 50 states and provides a pathway to increase its rapidly growing network of patients and insurers.

Recurate: How This Company Is Powering The Future Of Recommerce

By Amit Chowdhry ● Nov 22, 2023

Recurate is a company that is powering the future of recommerce by building brands' resale platforms with a focus on more traffic, sales, and sustainability. Pulse 2.0 interviewed Recurate CEO and co-founder Wilson Griffin to learn more about the company.

Databricks: Series I Funding Round Raised At $43 Billion Valuation

By Amit Chowdhry ● Nov 21, 2023

Databricks - a renowned Data and AI company - recently announced additional closings of its recent Series I funding. Existing investors Amazon Web Services (AWS), CapitalG, and Microsoft, along with new investors AT&T Ventures, Qatar Investment Authority (QIA), and Sanabil Investments, participated in the funding round, putting the company at a $43 billion post-money valuation.

Cyble: Cybersecurity Company Raises $30.2 Million

By Annie Baker ● Nov 21, 2023

Cyble recently announced the successful completion of its Series B funding round in securing an additional $6.2 million. Earlier this year, Cyble secured $24 million in the initial tranche of its Series B funding. With this latest funding round, the company has officially closed the entire funding round at $30.2 million.

Craft Ventures: $1.32 Billion Closed For Craft Ventures IV and Growth II

By Amit Chowdhry ● Nov 21, 2023

Craft Ventures recently announced it closed $1.32 billion in fresh capital for their two latest funds: Craft Ventures IV ($712 million) - their fourth early-stage fund - and Craft Ventures Growth II ($608 million) - their second growth fund. And the combination of venture and growth funds enables us to support the most exciting B2B software companies across stages. The new funding round brings the firm’s assets under management to $3.3 billion.

BrightGo: Janitorial Software Company Raises $3 Million

By Noah Long ● Nov 21, 2023

BrightGo - a modern janitorial software company - recently announced it closed a $3 million seed round co-led by Costanoa Ventures and Index Ventures. And the company already has customers across the U.S. and Canada that do janitorial services for national supermarket chains, retail stores, and malls, among other commercial properties. And the company plans to use the funding round to fast-track product development.

Radius Agent: Real Estate Brokerage Platform Company Raises $13 Million

By Annie Baker ● Nov 21, 2023

Radius Agent (dba Radius) - a technology-focused and agent-centric real estate brokerage platform recently announced it has raised a $13 million Series B funding led by AXA Venture Partners and with participation from NFX, Cota Capital, and Sierra Ventures, among other existing investors. And Radius is a full-service and modern brokerage that provides real estate professionals and their teams with the support and tools needed to grow their business with a simplified and sensible commission structure. The company plans to scale its team further and offer the new funding.

CoverSelf: $8.2 Million Raised To Scale Operations And Build GenAI Capabilities

By Annie Baker ● Nov 21, 2023

CoverSelf - a unified platform for healthcare claims and payment integrity - recently announced an $8.2 million seed round as it successfully deploys platform in the ecosystem.

Bison Ventures: $135 Million Debut Fund Launches To Invest In Early-Stage Tech Companies

By Amit Chowdhry ● Nov 21, 2023

Bison Ventures - a venture capital firm that invests in early-stage frontier technology companies - recently announced the closing of its debut $135 million fund. The firm is focused on investing in and supporting teams using innovative science and deep technology to address some of the world’s most pressing challenges. From solutions that address climate change to treating disease to meeting the world’s insatiable demand for computing, Bison backs bold and technical solutions with the potential for massive scale.

Betterleave: $2.4 Million Closed To Help Organizations Support Members With Bereavement Care

By Noah Long ● Nov 21, 2023

Betterleave - a pioneering platform that partners with organizations to improve access, experience, and outcomes while lowering the total cost of bereavement care - recently announced it has raised $2.4 million in funding. The funding round was led by Chingona Ventures, with participation from Bread and Butter Ventures, Vitalize VC, Wisdom Ventures Fund, Coyote Ventures, and AARP. Betterleave brings a differentiated approach to grief and mental health by offering a comprehensive digital and clinical care solution that addresses the complex challenges individuals face when preparing for and navigating bereavement.

Cromatic: Outsourced Life Sciences Research Company Secures $5.3 Million

By Annie Baker ● Nov 21, 2023

Cromatic - a full-stack digital platform for outsourced life sciences research - recently announced it has closed $5.3 million in funding. LifeX Ventures and AgFunder led the round with participation from Work Life Ventures, Not Boring Capital, FJ Labs, What If Ventures, Lux Capital, and angel investors.

Why SplitMetrics Is Buying App Radar

By Amit Chowdhry ● Nov 21, 2023

SplitMetrics - an American startup specializing in app growth solutions - recently announced it has acquired App Radar, an Austrian app marketing and analytics platform, in a seven-figure all-cash deal. This agreement creates the industry’s largest platform providing AI-powered services, including paid user acquisition (UA), app store optimization (ASO), conversion rate optimization, and data analytics.

Eleos Health: Behavioral Health AI Leader Company Raises $40 Million

By Annie Baker ● Nov 21, 2023

Eleos Health - a leader in AI for behavioral health - recently announced a $40 million Series B funding round led by Menlo Ventures, with participation from F-Prime Capital, Eight Roads, Arkin Digital Health, SamsungNEXT and ION. Along with funding from existing investors aMoon and lool ventures, this funding round brings Eleos Health's total funding to $68 million.

Click Therapeutics: $20 Million Raised To Commercialize Software As Prescription Medical Treatments

By Dan Anderson ● Nov 21, 2023

Click Therapeutics - a leader in Digital Therapeutics as prescription medical treatments - recently announced that it has closed on a $20 million term loan from HSBC Innovation Banking, a division of HSBC Bank USA, N.A. And the term loan was partially drawn at closing, with the proceeds used to retire Click’s previous term loan. The undrawn balance remains fully available to help advance Click’s prescription digital therapeutic pipeline.

Hammerspace: This Company’s Data Orchestration System Makes Unstructured Data A Global Resource

By Amit Chowdhry ● Nov 21, 2023

Hammerspace delivers a global data environment that spans across data centers, AWS, Azure, and Google cloud infrastructure. Pulse 2.0 interviewed Hammerspace CEO David Flynn to learn more about the company.

Payroll Integrations: $20 Million Raised To Support Employee Financial Wellness

By Amit Chowdhry ● Nov 21, 2023

Payroll Integrations - a technology company reimagining how employers support employees’ financial well-being through benefit automation - recently announced the closing of its $20 million Series A funding round. Arthur Ventures, a Minneapolis-based growth equity firm with deep expertise in B2B software, led the funding round.

Pantheon Vision: Bioengineered Corneal Implant Company Secures $2.5 Million

By Noah Long ● Nov 21, 2023

Pantheon Vision - an early-stage ophthalmic medical device company - recently announced it raised $2.5 million in seed financing from KeraLink International (KLI). The company is developing bioengineered implants to raise the standard of eye care globally and reduce reliance on donated corneal tissue, often unavailable in low- and middle-income countries (LMICs).

Boréas: Haptic Semiconductor Platform Company Raises $12 Million

By Amit Chowdhry ● Nov 21, 2023

Boréas Technologies - a pioneer in haptic semiconductor platforms - recently announced the closing of a US$12 million Series B financing round. And Boréas will use the funding round to accelerate the high-volume production of its ultra-low-power piezo haptic semiconductors in mobile, PC, and automotive applications.

Nowsta: $35 Million Raised To Build The Operating System For Gig Workforces

By Amit Chowdhry ● Nov 21, 2023

Nowsta - a technology company building the operating systems for gig workforces - recently announced a $35 million Series C financing round. This funding round coincides with the launch of Nowsta Staffing Labs, the biggest step yet toward transforming how employers source, hire, and manage pools of contingent workers.

CIVC Partners: $870 Million In Commitments Closed For Fund VII

By Amit Chowdhry ● Nov 21, 2023

CIVC Partners, L.P. - a Chicago-based middle market private equity firm - recently announced the completion of fundraising for its latest fund, CIVC Partners Fund VII, with $870 million of commitments. Launched in June 2023, Fund VII was oversubscribed and surpassed its initial target of $700 million.

ProJenX: $15 Million Secured To Develop Brain-Penetrant Therapies To Treat Amyotrophic Lateral Sclerosis And Other Brain Diseases

By Dan Anderson ● Nov 21, 2023

ProJenX - a clinical-stage biotechnology company developing novel, brain-penetrant therapies targeting biologically defined pathways for the treatment of amyotrophic lateral sclerosis (ALS) and other debilitating brain diseases - recently announced the initial closing of a $15 million Series A financing. Led by Medical Excellence Capital - which also led the company's seed financing round and created ProJenX in collaboration with Project ALS and researchers at Columbia University - the Series A funding round will fund the continued development of ProJenX's lead compound, prosetin, for the treatment of ALS.

Rush.app: Helping E-Commerce Brands Increase Revenues Through Shipping Notifications

By Amit Chowdhry ● Nov 21, 2023

Rush.app is a company that helps e-commerce brands and online retailers increase revenue and turn one-time buyers into repeat customers in just a few clicks through its shipping notifications that take them to high-converting and beautifully crafted tracking pages filled with upsells and cross-sells. Pulse 2.0 interviewed Rush.app’s newly appointed CEO, Mario Peshev.

Won J. You: Advancing Digital Design In Over A $9 Billion Market

By Amit Chowdhry ● Nov 21, 2023

Won J. You is a seasoned design leader and educator who’s spent over 20 years designing and creating award-winning experiences. Currently, Won leads the charge at Won J. You Studios as chief disruptor and designer for social impact, where he is inspired by creating immersive experiences and elegant and engaging products.

Virdee: Guest Experience And Check-In Automation Company Raises $12.4 Million

By Amit Chowdhry ● Nov 20, 2023

Virdee - a leader in guest experience technology and check-in automation - recently announced that it has raised $12.4 million in an oversubscribed Series A funding round led by Moneta Ventures with participation from Silverton Partners, Koch Real Estate Investments, Alumni Ventures, DJR Advisors, Capital Factory and other strategic partners. And Virdee will use this funding round to further the company’s technological innovation with expanded product features and functionality while growing its workforce and deepening its presence in the hospitality sector.

Enlightened Hospitality Investments Collaborating With Qu To Drive Innovation In The Restaurant Industry

By Amit Chowdhry ● Nov 20, 2023

Qu - an agile restaurant tech company with the industry’s first unified commerce platform for multi-channel ordering - recently announced an investment from Enlightened Hospitality Investments (EHI), a strategic growth equity firm affiliated with Union Square Hospitality Group (USHG). And EHI invests in high-growth, category-leading companies, emphasizing technologies that fuel improved guest and employee experiences.