Startups

Parloa: AI-Powered Customer Service Automation Platform Raises $66 Million

By Amit Chowdhry ● Apr 28, 2024

Parloa, a leader in AI-powered automation for customer service, announced that it had raised $66 million in Series B funding led by Altimeter Capital, with participation from new and existing investors EQT Ventures, Newion, Senovo, Mosaic Ventures, and La Famiglia Growth.

Endeavor BioMedicines: $132.5 Million Secured To Develop Clinical Benefits To Patients With Life-Threatening Diseases

By Amit Chowdhry ● Apr 28, 2024

Endeavor BioMedicines, a clinical-stage biotechnology company developing medicines with the potential for delivering transformational clinical benefits to patients with life-threatening diseases, announced the closing of a $132.5 million Series C funding round, including the conversion of a $5 million convertible instrument.

Keep Company: $1.4 Million Raised And Zvi Band Named CTO

By Amit Chowdhry ● Apr 28, 2024

Keep Company, an employer-offered benefit that helps prevent burnout and attrition of working parents and caregivers, announced a successful funding round of $1.4 million with participation from Techstars, Idea Fund Partners, VEST Her Ventures, 100KM, Pixel Perfect Ventures, and TEDCO. And Keep Company has raised over $2 million to date.

401GO: Retirement Plan Provider Company Secures $12 Million

By Amit Chowdhry ● Apr 28, 2024

401GO, a next-generation retirement plan provider for employers, advisors, and individuals, announced the completion of its $12 million Series A funding round led by Next Frontier Capital. Additional investors include Rally Ventures, which joined existing investors Impression Ventures and Stout Street Capital.

University Of Houston And Rice University Reveal 2024 Business Accelerator Cohort

By Amit Chowdhry ● Apr 28, 2024

The University of Houston and Rice University continue their 11-year collaboration to support Houston entrepreneurship by announcing the latest cohort of their startup and small business accelerators RED Labs and OwlSpark. This summer, the accelerators will host their ventures at the Ion, the heart of the Houston innovation corridor in Midtown.

RWX Launches Mint Platform And Reveals $7 Million Seed Funding

By Amit Chowdhry ● Apr 28, 2024

RWX, a company building the best developer experience in Continuous Integration, announced it launched a new platform called Mint. And the company also disclosed that it raised a $7 million in seed funding round led by Quiet Capital in 2022.

Alaffia Health: Health Plan Claim Operations Company Secures $10 Million

By Amit Chowdhry ● Apr 28, 2024

Alaffia Health, a leader in generative AI for health plan claim operations, announced $10 million in Series A funding, bringing its total amount of capital raised to $17.6 million. FirstMark Capital led the round, including GingerBread Capital and existing investors Anthemis, Aperture Venture Capital, 1984 Ventures, Remarkable Ventures, and Tau Ventures.

Sublime Security: AI-Powered Programmable Email Security Company Raises $20 Million

By Amit Chowdhry ● Apr 28, 2024

Sublime Security, an AI-powered programmable email security platform, announced that it has raised $20 million in Series A funding. Index Ventures led the round, which included previous investors Decibel Partners and Slow Ventures.

Nooks: AI Dialing And Prospecting Platform Raises $22 Million

By Amit Chowdhry ● Apr 28, 2024

Nooks, a rapidly growing AI dialing and prospecting platform, announced that it had raised $22 million in Series A funding. This round, led by Lachy Groom and including participation from Tola Capital and Stifel Venture Banking, brought Nooks' total funding to $27 million.

Dripos: Coffee Shop Platform Raises $11 Million

By Amit Chowdhry ● Apr 27, 2024

Dripos, a platform built specifically for coffee shops, announced a $11 million Series A funding round led by Base10. This funding will fuel Dripos' continued goal to transform coffee shops' operations. The company's co-founders have over eight years of experience in building food tech startups, with multiple ventures backed by startup accelerator Y Combinator.

Anon: AI Access And Control Developer Platform Company Secures $6.5 Million

By Amit Chowdhry ● Apr 27, 2024

Anon, a developer platform empowering secure AI access and control to user accounts online, announced $6.5 million in funding and a powerful toolkit that unlocks the full potential of AI applications. Driven by investment from Union Square Ventures and Abstract Ventures (seed lead investors) and early support from Impatient Ventures and ex/ante (pre-seed lead investors), Anon is prepared to transform how developers build and deploy AI. Strategic angel investors in the round include Ryan Hoover (founder of Product Hunt), Gokul Rajaram (early Google, Square, and Doordash), Scott Belsky (founder of Behance and CPO at Adobe), and Amjad Masad (co-founder/CEO at Replit).

Variantyx: Molecular Diagnostics Company Closes $36 Million In Funding

By Amit Chowdhry ● Apr 27, 2024

Variantyx, a molecular diagnostics leader, announced that it had secured an additional $36 million in funding from its portfolio of investors, which includes Peregrine Ventures, Pitango HealthTech, New Era Capital Partners, and Bosch Ventures.

Handl: $2.5 Million Raised To Help Benefits Consultants Deliver Affordable Health Benefits

By Amit Chowdhry ● Apr 27, 2024

Handl Health, an AI platform built to help benefits consultants design and deliver affordable health benefits, announced an oversubscribed $2.5 million seed funding round initiated by Mucker Capital and Everywhere VC, with participation from Tau Ventures, Riverfront Ventures, Digital Health Venture Partners (DHVP), Boutique Venture Partners, Plug and Play Ventures and Techstars. This funding round will enable Handl Health to realize its goal of transforming employer-sponsored healthcare through data-driven health plan design and management.

Fairfield University Dolan School Of Business Reveals StartUp Showcase Winning Teams

By Amit Chowdhry ● Apr 26, 2024

Five student teams were selected for this year’s annual Fairfield StartUp Showcase earlier this week at the Regina A. Quick Center for the Arts. Doors open at 6:30 p.m., and the Showcase starts at 7 p.m.

Midi Health: Virtual Care Clinic For Women Raises $60 Million

By Amit Chowdhry ● Apr 26, 2024

Midi Health, a rapidly growing virtual care clinic for women navigating perimenopause and menopause, announced the closing of a $60 million Series B funding round led by Emerson Collective, bringing the company’s total funding raised to date to $100 million.

Nanostics: Funding Raised From The University Of Alberta Innovation Fund

By Amit Chowdhry ● Apr 26, 2024

Nanostics, a precision health company developing diagnostic tests with its ClarityDX platform technology, announced that it received an investment from the University of Alberta Innovation Fund (UAIF) to help drive the adoption of Nanostics' ClarityDX Prostate test in North America.

Xaira Therapeutics: Over $1 Billion Raised To Transform Drug Discovery And Development Processes

By Amit Chowdhry ● Apr 26, 2024

Xaira Therapeutics has launched with a mission to help re-engineer the way we discover and develop medicines through the end-to-end application of emerging AI technologies. A joint incubation by ARCH Venture Partners and Foresite Labs, Xaira launched with over $1 billion of committed capital from lead investors ARCH Venture Partners and Foresite Capital, joined by F-Prime, NEA, Sequoia Capital, Lux Capital, Lightspeed Venture Partners, Menlo Ventures, Two Sigma Ventures, the Parker Institute for Cancer Immunotherapy (PICI), Byers Capital, Rsquared, and SV Angel, and others.

Prime Intellect: Open And Decentralized AI Platform Company Raises $5.5 Million

By Amit Chowdhry ● Apr 26, 2024

Prime Intellect, an open and decentralized AI platform and protocol democratizing access to computing and intelligence, announced a $5.5 million seed funding round co-led by Distributed Global and CoinFund with participation from Compound, Collab+Currency, and Filecoin Creator Juan Benet with Protocol Labs, and renowned angel investors including Hugging Face CEO Clem Delangue.

Prophet Security: $11 Million Closed To Transform Security Operations

By Amit Chowdhry ● Apr 26, 2024

Prophet Security announced it emerged from stealth with $11 million in seed financing led by Bain Capital Ventures (BCV) with participation from several security leaders and angel investors.

Augment: AI Coding Assistance Company Raises $227 Million At $977 Million Valuation

By Amit Chowdhry ● Apr 25, 2024

AI coding assistance startup Augment has emerged from stealth and announced a $227 million Series B funding round at a $977 million post-money valuation with investments from Sutter Hill Ventures, Index Ventures, Innovation Endeavors, Lightspeed Venture Partners, and Meritech Capital. Including this round of funding, Augment has raised a total of $252 million, including the $25 million Series A funding round led by Sutter Hill Ventures.

Givebutter: Nonprofit Fundraising And CRM Platform Company Raises $50 Million

By Amit Chowdhry ● Apr 24, 2024

Givebutter, an all-in-one nonprofit fundraising and CRM platform, announced that it has closed a $50 million strategic growth investment led by BVP Forge (Bessemer Venture Partners' dedicated investment fund for self-sustaining growing companies) and Ardent Venture Partners.

Pelvital: Women’s Health Company Closes $2.32 Million

By Amit Chowdhry ● Apr 24, 2024

Pelvital, a leading women's health company, announced the successful closing of an additional $2.32 million in its seed-plus funding round, closing the round out $500,000 oversubscribed at $5 million. The seed plus funding will be used to expedite the commercialization of Flyte, which Pelvital's novel FDA-cleared revolutionary, accessible, and clinically proven treatment for stress urinary incontinence (SUI) and weakened pelvic floor muscles.

Salesforge: AI-Based Sales Execution Co-Pilot Company Raises Funding

By Amit Chowdhry ● Apr 24, 2024

Salesforge, an AI copilot for sales execution, announced today that it has raised $500K from BADideas.fund, Spring Capital, Fiedler Capital, and super angel Maciej Zawadzinski, accelerating the team's ambition to redefine the landscape of B2B sales.

iVEAcare: Medical Device Company Secures $27.5 Million

By Amit Chowdhry ● Apr 24, 2024

iVEAcare, a privately-held development stage Roseville, Minnesota-based medical device company, announced the closing of a $27.5 million Series A financing. The financing was led by Vensana Capital, which Treo Ventures, Hatteras Venture Partners, and an undisclosed strategic partner joined.

AccessHope: $33 Million Secured To Transform How Cancer Expertise Is Delivered

By Amit Chowdhry ● Apr 24, 2024

AccessHope, a company transforming the delivery of leading-edge cancer expertise, announced that it had raised $33 million in a Series B round of funding from the City of Hope, one of the US' largest cancer research and treatment organizations.

Auxa Health: AI-Powered Benefit Navigation Technology Company Raises $5.2 Million

By Amit Chowdhry ● Apr 24, 2024

Auxa Health, an AI-powered benefit navigation technology solution that works with payers and providers to enable consumers to access care more efficiently and effectively, announced a $5.2 million seed round led by Zeal Capital Partners. Participation came from existing investor AlleyCorp and new investors K50 Ventures, Laconia Capital Group, and Chaac Ventures.

Rippling: Workforce Management Company Raises $200 Million At $13.5 Billion Valuation

By Amit Chowdhry ● Apr 23, 2024

Workforce management platform Rippling announced it has raised $200 million in a Series F funding round. This funding round values the company at $13.5 billion.

Curio: Nuclear Technology Company Raises $14 Million

By Amit Chowdhry ● Apr 23, 2024

Curio Legacy Ventures, a Washington, DC-based company dedicated to advancing a closed fuel cycle through innovative technologies like NuCycle, a transformative nuclear waste recycling technology, announced the successful closing of its seed round, which raised $14 million. This achievement is a significant step forward in the company's goal to establish clean nuclear power as a catalyst for global prosperity and sustainability.

The Founders Arena Reveals Startups In The Second Annual WealthTech Accelerator

By Amit Chowdhry ● Apr 23, 2024

The Founders Arena WealthTech Accelerator, in partnership with First Rate SEI, Republic Capital Group, the City of Arlington, and the Arlington Economic Development Corporation, announced the selection of the next cohort of companies that will join its second global accelerator program beginning today.

Pomelo: $35 Million Raised To Enable International Money Movement With Consumer Credit

By Amit Chowdhry ● Apr 23, 2024

Pomelo, a consumer fintech company enabling international money movement with consumer credit, announced a Series A of $35 million in venture capital and a $75 million expansion of its warehouse facility from Vy Capital, Founders Fund, and A* Capital. This brings the total funding to $55 million in equity capital and $125m for its warehouse facility.