Archives

StretchDollar: $1.6 Million Secured To Enable Small Employers To Provide Pre-Tax Funding For Employee-Owned Health Insurance

By Amit Chowdhry ● Oct 4, 2023

StretchDollar - a startup that enables small employers to provide pre-tax funding to employee-owned health insurance - recently announced the completion of a pre-seed funding round that raised $1.6 million from Precursor Ventures, Elefund, v1vc, Kindergarten Ventures, and Westerly Ventures.

QT Medical: Cardiac Care Technology Company Raises $12 Million

By Noah Long ● Oct 4, 2023

QT Medical - a medtech company focused on cardiac care technology - recently announced that it raised $12 million in Series B financing.

Pontoro: $4.6 Million Closed To Unlock Better Access To Institutional-Grade Private Market Real Assets

By Noah Long ● Oct 4, 2023

Pontoro - a financial technology company creating a proprietary and structurally differentiated platform intended to unlock greater access to institutional-grade private market real assets - recently announced the completion of a $4.6 million Seed II funding round led by Ulu Ventures, with participation from Illuminate Financial, Nevcaut Ventures, W11 Capital, and more.

Paine Schwartz Partners: $1.7 Billion Food And Agribusiness-Focused Fund VI Closed

By Amit Chowdhry ● Oct 4, 2023

Paine Schwartz Partners - a global leader in sustainable food chain investing - recently announced the final closing of Paine Schwartz Food Chain Fund VI, L.P. (Fund VI) at $1.7 billion of total capital commitments.

Kolena: AI And Machine Learning Model Testing Company Closes $21 Million In Funding

By Noah Long ● Oct 4, 2023

Kolena - a pioneering leader in AI and machine learning model testing - recently announced that it has successfully secured $15 million in a Series A funding round led by Lobby Capital, bringing total funding to $21 million.

Savoy Life: Virtual Care Coordination Company Secures $3 Million In Pre-Seed Funding

By Amit Chowdhry ● Oct 4, 2023

Red Cell Partners - an incubation firm building rapidly scalable technology-led companies that are bringing revolutionary advancements to market in national security and healthcare - recently announced $3 million in pre-seed funding for Savoy Life, a virtual care coordination and delivery platform created to improve care quality and access for seniors and adults with disabilities living in residential community care facilities.

Erudit: $10 Million Raised To Provide Leaders With Real-Time Workforce Insights To Drive Better Decision-Making

By Amit Chowdhry ● Oct 4, 2023

Erudit - a global AI company that helps leaders improve culture and productivity - recently announced its $10 million Series A round led by Conexo Ventures, Athos Capital, Ignia Partners, True Blue Partners, and Fondo Bolsa Social. This funding round drives Erudit's workforce intelligence technology development and revenue growth.

Why Prologis Is Investing In TestFit

By Amit Chowdhry ● Oct 4, 2023

Prologis - a global leader in logistics real estate - recently announced that it has deployed TestFit’s real-time AI to help them better judge the feasibility of new warehouse sites. Prologis Ventures co-led in the Series A round with Parkway Venture Capital, which closed in June 2022 and additional investor Perot Jain.

Newegg Now Offers A Graphics Card Trade-In Program

By Amit Chowdhry ● Oct 4, 2023

Newegg Commerce - a global e-commerce leader for technology products - recently announced the launch of Newegg’s GPU Trade-In program, enabling customers to trade in an eligible GPU device and receive a trade-in value credit toward the purchase of a new qualifying graphics card, also known as a graphics processing unit (GPU).

Crediverso: Educational Legal And Financial Resources Company Closes $3.5 Million

By Dan Anderson ● Oct 4, 2023

Crediverso - a Spanish and English language consumer technology company focused on providing financial and educational resources to underserved communities - recently announced that it has raised $3.5 million in a pre-series A funding round to provide these communities with access to legal resources. This funding round included distinguished investors such as Torch Capital and Gaingels, with continued participation from earlier investors Bessemer Venture Partners and Act One Ventures, bringing Crediverso’s total funding to $6.6 million.

AYRO: Maritime Transport Decarbonation Company Closes €19 Million

By Amit Chowdhry ● Oct 4, 2023

AYRO - the designer and manufacturer of the OceanWings wingsail solution for cargo ships and yachts - recently announced the closing of a €19.2 million ($21 million) Series B round led by Blue Ocean, managed by SWEN Capital Partners, which brings the total funding to over €30 million.

Collective Liquidity: Extension To Series A Preferred Financing Closed

By Annie Baker ● Oct 4, 2023

Collective Liquidity recently announced the closing of an extension to its Series A Preferred financing led by Aliya Capital Partners. And with the closing of the funding, the company has raised approximately $12 million in its Series A financing. The proceeds from the most recent funding will further scale the Collective platform and team.

Apollo.ai: JD Sherman Joins Board Of Directors

By Amit Chowdhry ● Oct 4, 2023

Apollo.io - a leading go-to-market (GTM) solution for revenue teams - recently announced the appointment of JD Sherman to its Board of Directors. Sherman has a track record of growing iconic multi-billion-dollar global brands and previously held leadership positions at Dashlane, IBM, HubSpot, and Akamai. This announcement arrived on the heels of Apollo’s $100 million Series D last month, which valued the company at $1.6 billion.

Withings Confirms Average Heart Rate Decreases As Daily Steps Increase

By Amit Chowdhry ● Oct 4, 2023

French connected health pioneer Withings recently conducted a comprehensive study in which they analyzed the nighttime heart rate (NHR) of over 160,000 Withings users worldwide between the ages of 18 and 70 over a year between 2022 and 2023.

MongoDB: Jim Scharf Named As Chief Technology Officer

By Annie Baker ● Oct 4, 2023

MongoDB has announced Jim Scharf has joined the company as Chief Technology Officer. Scharf is going to lead MongoDB's global engineering organization, partner with other senior leaders to set and execute the company's technical vision and strategy and oversee the development and delivery of MongoDB's products and services.

ACMI Federal: $75 Million DoD Contract Secured For Munitions Campus

By Dan Anderson ● Oct 4, 2023

An affiliate of the American Center for Manufacturing and Innovation (ACMI) recently announced that it has been awarded a $75 million contract through a competitive process.

TeachMe.To: $2 Million Secured To Help Beginner Athletes Connect With Local Coaches

By Annie Baker ● Oct 4, 2023

TeachMe.To - a lesson hub for beginners - recently announced that it has raised $2 million in seed funding led by 1984 Ventures and with participation from Common Metal, Alumni Ventures, and a syndicate of angel investors, including Sam Altman, CEO of OpenAI; Ben Lauzier, former VP of Product & Growth at Thumbtack; Vivek Patel, former CPO at Yelp; and Brent Turner, President of Rover.

Sensible Weather: Climate Finance Platform Secures Funding

By Dan Anderson ● Oct 4, 2023

Sensible Weather - a climate finance platform to empower people to get out and experience the world around them confidently - recently announced that it has closed a strategic investment from Amex Ventures along with Sensible’s seed and series A lead investors, Wonder Ventures and Infinity Ventures, and new investor Industry Ventures.

Mundi: $15 Million Raised To Simplify Cross-Border Trade In Latin America

By Annie Baker ● Oct 4, 2023

Mundi recently announced a Series A-2 round of $15 million led by Haymaker Ventures. This funding round included participation from Union Square Ventures who led the Series A and participated super pro rata, GMO Ventures, Square One Capital, Upper90, Colibri Ventures, Base10, Asymmetric Capital Partners, Gaingels, Mana Ventures, and GSBackers.

DHARMA: $4.7 Million Raised To Scale Trips Platform

By Amit Chowdhry ● Oct 4, 2023

DHARMA - a travel startup that plans and sells multi-day trips hosted by the world’s most inspiring people and brands - announced today that it raised $4.7 million in Pre-Series A funding led by San Francisco-based Convivialite Ventures, with notable participation from marketplace-focused FJ Labs, Equinox and Soul Cycle owner Stephen Ross, and media giant Liontree.

The Syndicate Group: Helping Startups Scale Faster By Organizing Investment Access

By Amit Chowdhry ● Oct 4, 2023

The Syndicate Group is a company that was created to help startups scale faster by organizing investment access for channel partners and CXOs. Pulse 2.0 interviewed The Syndicate Group founder and CEO Chad Cardenas to learn more.

Trellix: Offering A Native Extended Detection And Response Platform To Fend Off Threats

By Amit Chowdhry ● Oct 4, 2023

Trellix offers an open and native extended detection and response (XDR) platform that helps organizations confronted by today’s most advanced threats gain confidence in the protection and resilience of their operations. Pulse 2.0 interviewed Trellix’s Chief Information Security Officer (CISO) Harold Rivas to learn more about his professional journey and Trellix’s core values.

Duke & Dame: How Amani Macaulay And Chima Burey Went From Trading To Whiskey Production

By Amit Chowdhry ● Oct 4, 2023

Duke & Dame is a salted caramel-flavored whiskey that is made with only the finest ingredients. With corn mash used in the distillation process to the caramel flavor used in the blending process, all the ingredients used to craft Duke & Dame are 100% natural. Pulse 2.0 interviewed Duke & Dame founders Amani Macaulay and Chima Burey to learn more.

GeologicAI: Digital Rock Analysis Company Secures $10 Million

By Dan Anderson ● Oct 3, 2023

GeologicAI - a global leader in digital rock analysis - recently announced the closing of an additional $10 million in funding from Export Development Canada (EDC) as an extension to its Series A financing round led by Breakthrough Energy Ventures, bringing the total round of funding to $30 million.

Genus AI: $11 Million Secured To Build Generative AI Platform For D2C And E-Commerce Brands

By Noah Long ● Oct 3, 2023

Genus AI - a generative AI platform for D2C and e-commerce brands - recently announced it has secured over $6 million in a seed round extension, bringing the company's total seed funding to $11 million.

FUSE: Early Stage Venture Firm Launches $250 Million Sophomore Fund To Invest In Pacific Northwest Startups

By Amit Chowdhry ● Oct 3, 2023

FUSE - an early-stage venture capital firm focused on the Pacific Northwest - recently unveiled its oversubscribed $250 million sophomore fund.

ShowdMe: Series A Raised In Round Led By Spring Mountain Capital And Blue Heron Capital

By Amit Chowdhry ● Oct 3, 2023

ShowdMe - a premier compliance training partner for home care agencies and skilled nursing facilities - recently announced a Series A investment led by Spring Mountain Capital and Blue Heron Capital. The funding round will drive expansion for the company, enabling the hiring of new employees and continued growth of its products and services.

Anzu Partners: Third Venture Fund Closed To Invest In Clean Tech, Life Sciences, And Industrial Companies

By Amit Chowdhry ● Oct 3, 2023

Anzu Partners - an investment firm delivering capital and strategic support to early-stage breakthrough technology companies - recently announced it has raised over $200 million at the close of its third venture capital fund. Fund III was established to invest in companies developing next-generation solutions in clean technology, industrial innovations, and life sciences.

Propel: Helping Product Companies Collaborate Faster And Smarter

By Amit Chowdhry ● Oct 3, 2023

Propel Software is a company that is helping product companies collaborate smarter and move faster to better satisfy their customers and shareholders. Pulse 2.0 interviewed Propel co-founder and chief strategy officer Ray Hein to learn more.

Auditoria: AI-Powered Finance Intelligence Application Company Raises Funding From KPMG

By Amit Chowdhry ● Oct 3, 2023

Auditoria - a pioneer in automated AI-powered intelligent applications for finance - recently announced an investment from KPMG LLP, the U.S. audit, tax, and advisory firm. This minority equity investment underscores Auditoria’s commitment and industry support for transforming finance processes and accelerating cash performance through cutting-edge AI technology.