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Revelation Partners: $608 Million Fund Closed, Substantially Surpassing $500 Million Target

By Amit Chowdhry ● Oct 30, 2023

Revelation Partners recently announced the closing of its $608 million Fund IV, substantially surpassing the healthcare investment firm's initial target of $500 million. Now Revelation Partners manages $1.5 billion of committed capital as the firm provides liquidity and flexible capital solutions to investors, companies, limited partners and general partners across all healthcare sub-sectors.

WealthBlock: This White Label Private Capital Raising Platform Is Transforming A $3 Billion Industry

By Amit Chowdhry ● Oct 30, 2023

WealthBlock is a fintech firm that built the industry's #1 white-label private capital-raising platform. And by integrating key funding tools (CRM, data room, investor verification, sub-doc e-signature, fund admin, etc.), the company’s solution streamlines processes and increases productivity by ten times. Pulse 2.0 interviewed WealthBlock founder and CEO Trilliam Jeong to learn more.

Triple-A: Digital Currency Payment Company Secures $10 Million

By Annie Baker ● Oct 30, 2023

Global digital currency payment company Triple-A recently announced their US$10 Million Series A funding round today. Leading the funding round are repeat investors Peak XV Partners (formerly known as Sequoia India & South East Asia), along with the strategic backing of Shorooq Partners, one of MENA's leading technology investors.

Sage: $15 Million Closed To Improve Care Quality For Older Adults

By Noah Long ● Oct 30, 2023

Sage - a technology company reinventing care for older adults through its unified care coordination platform, has raised $15 million in Series A funding led by new investor Maveron. The round includes all major investors, including Goldcrest Capital, ANIMO Ventures, and Distributed Ventures. Natalie Dillon, partner at Maveron, will join the Sage board of directors as the first outside board member.

Threedium: 3D Developer Tool Company Closes $11 Million In Funding

By Dan Anderson ● Oct 30, 2023

Threedium - a market leader in 3D/AR high-fidelity assets that's changing the face of e-commerce on web and mobile - recently announced the closing of its Series A funding with $11 million investment. The funding round was led by Interpublic Group and Olma Partners with additional support from Mesh Consensys, Reflexive Capital, Nirvana Family Office, Lyra Ventures, Edenbase, and Kinisis Venture Fund I.

Omnicom Buying Flywheel For About $835 Million: Details

By Amit Chowdhry ● Oct 30, 2023

Omnicom announced today it has agreed to acquire Flywheel Digital, the digital commerce business of Ascential for a net cash purchase price of approximately $835 million. And Flywheel's services enable top brands to sell more goods more efficiently across hundreds of digital marketplaces, such as Amazon, Walmart, and Alibaba.

Rampart Bioscience: $85 Million To Create Medicines For Patients With Debilitating Diseases

By Annie Baker ● Oct 30, 2023

Rampart Bioscience - a biotechnology company developing next-generation biologics - recently announced an $85 million Series A financing to create medicines to unburden patients from disease and their treatments. And the new funding round builds on an initial $40 million seed investment from OrbiMed. Rampart’s DNA-based medicines platform HALO was inspired and developed using cues from nature to overcome the key limitations and safety concerns of viral and early non-viral gene approaches.

Eavor Technologies: $182 Million In Financing Completed

By Amit Chowdhry ● Oct 30, 2023

Eavor - a pioneer in advanced geothermal energy solutions - recently announced the successful completion of $182 million in financing. This significant funding round will enable Eavor to accelerate the development and deployment of its revolutionary geothermal technology.

RadiantGraph: $5 Million Raised To Drive Consumer Engagement For Health Plans

By Dan Anderson ● Oct 30, 2023

RadiantGraph - a platform using machine learning and artificial intelligence to drive consumer engagement for health plans - recently announced its launch after raising $5 million in seed funding in a round led by True Ventures and XYZ Ventures, with participation from Remus Capital. This funding round will be used to accelerate growth, which includes partnering with new healthcare organizations and advancing their enterprise health and health plan product offerings.

Granica: This Company Helps Boost ROI On AI In A $3 Billion Market

By Amit Chowdhry ● Oct 30, 2023

Granica is the world’s first AI efficiency platform and it boosts ROI on AI by increasing the information efficiency of AI training data, freeing up resources that C-level executives and enterprise AI teams can use to reduce costs and improve AI performance and outcomes. Pulse 2.0 interviewed Granica co-founder and CEO Rahul Ponnala to learn more about the company.

Keyfactor: Minority Investment From Sixth Street Raised At $1.3 Billion Valuation

By Amit Chowdhry ● Oct 27, 2023

Keyfactor - the identity-first security solution for modern enterprises - recently announced it has secured a significant minority investment from Sixth Street Growth (the growth investing platform of Sixth Street) at an enterprise value of approximately $1.3 billion. Along with this funding round, Bo Stanley and Alex Katz at Sixth Street will join Keyfactor’s Board of Directors. And Sixth Street’s investment reinforces Keyfactor’s leading position in the digital identity market and will be a further catalyst for growth.

Cogito: AI Coaching Company Raises New Funding Round

By Noah Long ● Oct 27, 2023

Cogito - a leader in real-time AI coaching and guidance for the enterprise - recently announced it has secured new funding to help advance features aimed at better supporting agents in the contact center and improving customer experiences. This funding round - including repeat commitments from two significant investors - validates the importance of delivering strong employee and customer experiences in this turbulent economic climate. This investment demonstrates the impact potential of human-aware AI systems and the belief that Cogito is best suited to deliver on its promise.

QuoteWell: Commercial Insurance Wholesale Brokerage Company Raises Over $15 Million

By Annie Baker ● Oct 27, 2023

QuoteWell - a tech-enabled commercial insurance wholesale brokerage at the forefront of innovating the distribution side of insurance - recently announced the launch of its brokerage operations to serve independent retail agents. And QuoteWell helps agents who are often overlooked and given poor customer service due to low premiums associated with their accounts and provides best-in-class in-house brokers for efficiently finding and placing the risk.

Aleph: $16.7 Million Closed To Advance Next-Gen Financial Planning Platform

By Noah Long ● Oct 27, 2023

Aleph - a source of truth for finance teams - recently emerged from stealth with $16.7 million in financing. This funding round was led by Bain Capital Ventures (BCV) with participation from existing investors Khosla Ventures, Picus Capital, and Y Combinator, including angel investors and current customers.

Koop Technologies: Insurance Tech Company Receives Strategic Investment From Hyundai And Kia

By Annie Baker ● Oct 27, 2023

Koop Technologies - an insurance technology company focused on the robotics ecosystem - recently announced a strategic investment from Hyundai Motor Company and Kia Corporation to boost product development and distribution capabilities for autonomous vehicles and robotics.

Hull Street Energy: Strategic Investment In Upstream Tech

By Dan Anderson ● Oct 27, 2023

Hull Street Energy recently announced it has invested strategically in Upstream Tech. Upstream Tech’s team has an extensive successful track record in software engineering and environmental analysis.

FlyGuys: Data-Capture Technology Company Closes $10 Million

By Amit Chowdhry ● Oct 27, 2023

FlyGuys - a reality data-capturing technology company based in Louisiana - recently announced the closing of its Series A funding round, securing an investment of $10 million. This substantial funding round will catalyze relentless innovation, create a scalable software solutions platform, and strengthen the company's nationwide influence.

CentML: $27 Million Closed To Improve The Cost Of Deploying Machine Learning Models

By Noah Long ● Oct 27, 2023

CentML - a software platform that dramatically improves the performance and cost of deploying ML models - recently announced the completion of a $27 million seed round. This funding round was led by Gradient Ventures, Google's AI-focused venture fund, with participation from Radical Ventures, NVIDIA, Deloitte Ventures, and Thomson Reuters Ventures.

Harmony Games: Mobile Puzzle Gaming Company Raises $3 Million

By Annie Baker ● Oct 27, 2023

Harmony Games - a visionary game development studio with a unique approach to the mobile puzzle gaming market - recently announced the successful closure of its seed round funding, raising an impressive $3 million. The funding round was led by Griffin Gaming Partners, one of the industry's most prominent venture capital firms, alongside notable investors, Kristian Segerstrale, and Akin Babayigit.

Greater Good Health: $20 Million Secured For Addressing Primary Care For Seniors

By Annie Baker ● Oct 27, 2023

Greater Good Health - a healthcare organization enabling and expanding access to value-based care for seniors through a Nurse Practitioner-led model - recently announced it has closed a $20 million Series A financing led by Flare Capital Partners. And Greater Good Health received participation from existing investors, including LRVHealth, Health Velocity Capital, Martin Ventures, and Optum Ventures, as well as from new strategic investors.

FounderSix: Beauty Brand Incubator Secures $12 Million

By Dan Anderson ● Oct 27, 2023

FounderSix - a beauty brand incubator co-founded by Oli Goulden and Pieter Wittgen - recently announced a significant funding milestone. KD Capital (a venture capital firm with a track record of supporting groundbreaking startups) has made a substantial $12 million investment in FounderSix. And this investment marks a transformative moment for FounderSix, enabling the company to extend its proven model and introduce exciting new influencer-led beauty brands.

Aliro Quantum: Funding Received From Cisco Investments

By Noah Long ● Oct 27, 2023

Aliro Quantum recently announced that Cisco Investments has joined its latest round of funding. Cisco is joining Accenture Ventures and lead investor Flybridge Leaders Fund to invest in Aliro Quantum. With this funding round, Aliro Quantum will increase investments in research and development and expand its go-to-market programs and professional services offerings.

Flashpoint Therapeutics: $10 Million Closed To Develop Therapeutics For Cancer And Other Diseases

By Amit Chowdhry ● Oct 27, 2023

Flashpoint Therapeutics - a company developing nanotechnology-enabled therapeutics for cancer and other diseases - recently announced a $10 million seed funding round led by Beta Lab, a leading deep tech venture capital firm headquartered in Riyadh, Saudi Arabia, with participation from leading private equity investor Russell Carson’s CS Venture Opportunities Fund.

Castellum.AI: SaaS Compliance Platform Company Closes $4 Million In Funding

By Annie Baker ● Oct 27, 2023

Castellum.AI recently announced a $4 million seed investment led by Spider Capital with participation from NewFund, Remarkable Ventures, Cameron Ventures and new and existing angel investors. The funding round was oversubscribed by $1.5 million.

Flash Pack: Adventure Travel Company Secures $6.2 Million

By Annie Baker ● Oct 27, 2023

Flash Pack - an adventure-travel company specializing in boutique trips for solo travelers in their 30s and 40s - recently announced a $6.2 million funding round led by JamJar Investments and participation from existing investors PPF. Driven by a loneliness epidemic and the need for connection, the U.S. has become Flash Pack's fastest-growing market, with 60% of its total trip sales driven by demand from U.S. travelers. And the recent investment comes almost exactly three years after the pandemic forced the business into bankruptcy following a series of travel restrictions.

CoverForce: Independent Insurance Company Secures $5 Million

By Dan Anderson ● Oct 27, 2023

CoverForce - the first independent insurance platform bringing streamlined comparisons and one-click buying to commercial insurance - recently emerged from stealth mode, unveiling its comprehensive suite of products made specifically for agency networks, wholesalers, and software companies. And the company's infrastructure and easy-to-integrate API aim to provide digital access and one-stop comparison in an offline market with speed and accuracy.

Eden: Natural Resource Recovery Company Closes $12 Million

By Annie Baker ● Oct 27, 2023

Eden - a leader in sustainable natural resource recovery - recently announced that it has closed an oversubscribed $12 million seed funding round. The company has raised $21.3 million to date, including $9.2 million in non-dilutive grants.

Agrology: Phase IIB Funding Received From The NSF

By Noah Long ● Oct 27, 2023

Agrology recently announced that the company received $500,000 in Phase IIB Funding from the National Science Foundation (NSF) to develop further Agrology’s real-time soil carbon and nitrous oxide emission monitoring technology. America’s Seed Fund is powered by the National Science Foundation (NSF) and awards $200 million annually to startups and small businesses, transforming scientific discovery into products and services with commercial and societal impact.

Databricks To Acquire Arcion: Details

By Amit Chowdhry ● Oct 27, 2023

Data and AI company Databricks announced it has agreed to acquire Arcion, which is a Databricks Ventures portfolio company that helps enterprises quickly and reliably replicate data across on-prem, cloud databases and data platforms. And this will enable Databricks to provide native solutions to ingest data from various databases and SaaS applications into the Databricks Lakehouse Platform. The transaction is valued at over $100 million, inclusive of incentives.

Eve: Legal AI Assistant Raises $14 Million

By Annie Baker ● Oct 27, 2023

Eve has officially launched the industry's first personalized AI legal assistant fully trainable to suit the specific needs of law practice. Built with the latest large language models (LLMs) and pre-built legal skills, Eve automates away tasks like document review, case analysis, and legal research, enabling teams to focus on more strategic, high-value initiatives.