Startups

DeepCure: Small Molecule Therapeutics Company Raises $24 Million

By Amit Chowdhry ● Apr 16, 2024

DeepCure, a leader in developing novel, small-molecule therapeutics powered by AI and chemistry automation, announced today the closing of a $24.6 million Series A-1 financing led by IAG Capital Partners (IAG) with participation from the company’s current investors. Since its founding, DeepCure has raised over $72 million in funding.

PeerDB: PostgreSQL Data Movement Platform Company Closes $3.6 Million

By Amit Chowdhry ● Apr 15, 2024

PeerDB, a leading data movement platform for PostgreSQL, announced it received $3.6 million in seed round funding. The investors in the round include lead investor 8VC, Y Combinator, Wayfinder Ventures, Webb Investment Network, Flex Capital, Rogue Capital, Pioneer Fund, Orange Collective, and several angel investors.

Tabs: Accounts Receivable Platform Secures $7 Million

By Amit Chowdhry ● Apr 15, 2024

Tabs, an Accounts Receivable (AR) platform for B2B businesses, announced a $7 million seed funding round led by Lightspeed Venture Partners. This round raises the company’s total funding to $12 million, including a pre-seed round from Primary Ventures.

Patlytics: AI-Based Patent Workflow Platform Company Raises $4.5 Million

By Amit Chowdhry ● Apr 15, 2024

AI-based patent workflow platform Patlytics announced it raised $4.5 million in seed funding led by Gradient, Google's AI-focused venture fund. Additional participating investors include 8VC, Joe Montana’s Liquid 2 Ventures, Tribe Capital, Vermilion Ventures, Gaingels, Alumni Ventures, Position Ventures, and several undisclosed angel investors, such as select partners from premier law firms and Datadog President Amit Agarwal.

Anrok: Sales Tax Platform Company Secures $30 Million

By Amit Chowdhry ● Apr 13, 2024

Anrok, a global sales tax platform for software companies, announced it has raised $30 million in a Series B funding round led by Khosla Ventures. The participants also included Sequoia Capital, Index Ventures, and others, including Karen Peacock (former CEO of Intercom), David Faugno (former CFO of Qualtrics and current president of 1Password), Alex Estevez (former CFO of Atlassian), and Elad Gil.

Cariloop: Caregiver Support Platform Company Raises $20 Million

By Amit Chowdhry ● Apr 13, 2024

Cariloop, a leading comprehensive caregiver support platform, announced the closing of its Series C funding round at $20 million. ABS Capital led this round, which included existing investors Noro-Moseley Partners, KCRise Fund, Revolution’s Rise of the Rest Seed Fund, and Patterson Thoma Family Office.

Carrar: Battery Module And Thermal Management Systems Company Raises $5.3 Million

By Amit Chowdhry ● Apr 13, 2024

Carrar, a provider of battery modules and thermal management systems for electric vehicles (EVs), announced the closing of its $5.3 million Series A funding round for delivering commercial automotive-grade battery modules for electric vehicles (EVs) with novel internal thermal management based on two-phase immersion technology.

Spresso: AI-Powered E-Commerce Solutions Company Raises Series A Funding

By Amit Chowdhry ● Apr 13, 2024

Spresso, a leading provider of AI-powered solutions for e-commerce businesses, announced an initial Series A investment from funds and accounts managed by BlackRock. This funding round will accelerate the company's global expansion, enabling businesses with a comprehensive suite of data-driven tools for optimizing growth, profitability, and operations.

Bite: Intelligent Kiosk Solutions Company Closes $9 Million

By Amit Chowdhry ● Apr 13, 2024

Bite, a provider of intelligent kiosk solutions for fast-casual and quick-service restaurants, announced it has secured $9 million in Series A funding. The round was led by Staley Capital, with participation from Graham Partners, Food-X, One Way Ventures, and Tamarisc Ventures. This funding round will drive Bite’s mission to elevate the hospitality experience by offering an intuitive ordering solution for guests placing orders in restaurant venues.

Platform Science: $125 Million In Growth Capital Raised

By Amit Chowdhry ● Apr 13, 2024

Platform Science, a leading-edge application platform for transportation, announced that it raised $125 million in growth capital to accelerate innovation in the commercial transportation sector. The key strategic investors in this round included C.R. England, Cummins, Daimler Truck, PACCAR, RyderVentures, and Schneider. And new financial investors included Activant Capital, BDT & MSD Partners, and Manhattan Venture Partners. Platform Science also saw strong participation from existing investors, including 8VC, NewRoad Capital Partners, and Prologis Ventures.

ID5: Digital Ad Provider Secures $20 Million

By Amit Chowdhry ● Apr 11, 2024

ID5, a market-leading identity provider for digital advertising, announced a Series B funding round of $20 million. TransUnion and S4S Ventures join existing investors Progress Ventures, Seventure Partners, 360 Capital Partners, Axio, and Aperiam Ventures to support ID5 in growing its privacy-first advertising identity service. And in connection with the funding round, Sanja Partalo, Co-Founder and Managing Partner of S4S Ventures, and Michael Schoen, EVP and head of TruAudience marketing solutions at TransUnion, join the ID5 board of directors.

Zinclusive: $10 Million Raised To Make Financing More Accessible

By Amit Chowdhry ● Apr 11, 2024

Zinclusive - a financially inclusive lender built to disrupt the multi-billion dollar predatory high-interest unsecured consumer lending market -announced it has raised $10 million from a private family office to expand access to more affordable credit to disrupt the predatory high-interest consumer lending market. Utilizing innovative underwriting models and alternative data, Zinclusive aims to offer more competitive rates, benefiting customers with limited or poor credit histories.

PVML: Data Protection Technology Company Raises $8 Million

By Amit Chowdhry ● Apr 11, 2024

PVML has announced the general availability of its platform for secure AI-powered data access and $8 million in seed funding led by NFX with participation from FJ Labs and Gefen Capital.

Rally UXR: Modern User Research CRM Company Closes $8.8 Million In Seed Funding

By Amit Chowdhry ● Apr 11, 2024

Rally announced it raised $8.8 million in funding to connect teams with their users more meaningfully. The $8.8 million funding round includes a recent Seed round led by Stage 2 Capital with participation from Y Combinator and TIA Ventures. This funding round will bring Rally to a broader audience and further its goal of connecting teams with their users.

Guesty: Property Management Software Company Secures $130 Million

By Amit Chowdhry ● Apr 11, 2024

Guesty, a leading property management software platform for the short-term rental (STR) and hospitality industry, announced a $130 million Series F funding round led by KKR. Inovia Capital and existing investors Apax Funds, BDT & MSD Partners, and Sixth Street joined the round, extending their support following Guesty's significant expansion and sustained growth.

Nexamp: Independent Renewable Energy Provider Raises $520 Million

By Amit Chowdhry ● Apr 11, 2024

Nexamp, a leading independent renewable energy provider and the nation's largest community solar developer and owner announced that it had secured $520 million in a capital raise led by Manulife Investment Management and existing investors Diamond Generating and Generate Capital. And the company will utilize the investment to expedite the deployment of its national project pipeline, accelerate expansion and developer partnerships in new and existing markets, and drive the growth of its generation and consumer-driven offerings.

Alethea: Disinformation Detection And Mitigation Company Raises $20 Million

By Amit Chowdhry ● Apr 10, 2024

Alethea, a leader in disinformation detection and mitigation, announced the closing of a $20 million Series B funding round led by GV, with participation from Ballistic Ventures. Also joining the round is Hakluyt Capital. This new funding round signifies investor confidence in Alethea's vision, technology capabilities, and the transformative impact the company will have on creating a more secure digital environment. Including this funding round, Alethea has raised $34 million.

Quintar: Spatial XR Platform Company $8.2 Million

By Amit Chowdhry ● Apr 10, 2024

Quintar, an extended reality company that provides its true spatial XR platform for developing real spatial experiences, announced that Centre Court Capital had made a significant investment as part of an $8.2 million Series A round. SeventySix Capital and Cowles Company led the funding round. In connection with the investment, Mustafa Ghouse, General Partner of Centre Court Capital, will join the Quintar board.

StrikeReady: Cybersecurity Leader Raises $12 Million

By Amit Chowdhry ● Apr 10, 2024

StrikeReady—an AI pioneer advancing the way modern security teams operate—announced $12 million in funding. The Series A funding round was led by 33N Ventures, with participation from Hitachi Ventures, Monta Vista Capital, and industry luminaries Brian NeSmith, executive chairman and former CEO at Arctic Wolf, and Rod Beckstrom, former CEO of ICANN and Founding Director of U.S. National Cybersecurity Center (now CISA).