Startups

Campfire: $3.5 Million In Seed Funding Raised For Modernizing Accounting Software

By Amit Chowdhry ● Mar 2, 2024

Campfire - a Y Combinator-backed startup modernizing accounting software for startups and midsize companies - announced it closed a $3.5 million seed funding round led by Foundation Capital and joined by Y Combinator and Twenty Two Ventures. And Campfire will use the funding for attracting talent and further support its flagship products, which provide a modern general ledger and automate revenue processes.

Autogon AI Raises Funding From Fast Forward Venture Studio

By Amit Chowdhry ● Mar 1, 2024

Autogon AI - a no-code AI orchestration platform - announced it had received backing from Fast Forward Venture Studio. And Autogon’s model enables any business – regardless of size – to conveniently harness the power of AI.

ActiveViam Raises Majority Investment From Nordic Capital

By Amit Chowdhry ● Mar 1, 2024

Nordic Capital announced it has acquired a majority stake in ActiveViam to support its next phase of growth. This investment is made in partnership with ActiveViam's founders and management who will invest alongside Nordic Capital.

Looq AI: Survey Technology Company Secures $2.6 Million

By Amit Chowdhry ● Mar 1, 2024

Looq AI has secured $2.6 million in a preferred series of seed funding led by BootstrapLabs, a venture capital firm focused on applied artificial intelligence, with the participation of Longley Capital and Spatial Capital. Looq AI has raised $3.75 million to date in connection with its initial pre-seed round.

Coverdash: Embedded Business Insurance Agency Company Raises $13.5 Million

By Amit Chowdhry ● Mar 1, 2024

Coverdash - one of the fastest-growing startups and SMB-focused insurtech companies - announced $13.5 million in Series A funding. This funding round comes within one calendar year of Coverdash’s oversubscribed Seed round, bringing the company’s total funding to $16 million.

USC And Techstars Partnering On Accelerating Opportunities For Students, Faculty, And Alumni

By Amit Chowdhry ● Feb 29, 2024

The University of Southern California and Techstars will work together on accelerating opportunities for USC-affiliated entrepreneurs, including students, faculty and alumni. And USC will spark new startups and innovation under a new collaboration with Techstars, a leading pre-seed investor.

Gradial: $5.4 Million Raised To Build AI Solutions For Helping Marketing Teams Deliver Better Experiences

By Amit Chowdhry ● Feb 29, 2024

Gradial has announced $5.4 million seed funding led by Madrona with participation from General Advance, Outsiders Fund, and Space Capital. And Gradial is building AI solutions to help marketing teams deliver better digital experiences and enable more time and resources for creative strategy.

Redi Health Raises $140 Million In Round Led By Blue Heron Capital

By Amit Chowdhry ● Feb 29, 2024

Blue Heron Capital (an early-stage growth equity firm) has announced its investment in Redi Health, a digital health innovator poised to transform patient support services. And this strategic investment is core to Blue Heron's philosophy of identifying and supporting companies that not only show potential for growth but also address pressing needs within healthcare and technology sectors experiencing meaningful transformation.

Range Energy: $23.5 Million Raised To Bring Electric Powered Trailers To Commercial Trucking

By Amit Chowdhry ● Feb 29, 2024

Range Energy - a hardware company bringing electric-powered trailers to the commercial trucking market - announced $23.5 million in new funding led by Phillip Sarofim’s Trousdale Ventures, with participation from UP.Partners, R7, and Yamaha Motor Ventures. And Range will use this fresh capital to accelerate its work on customer pilot programs in parallel with advancing towards full-scale production of its electric-powered trailers, essential to decarbonizing commercial fleets under pressure to meet emerging emissions reduction targets.

BlueBean: Procure To Pay Solution Company Secures $1.3 Million

By Amit Chowdhry ● Feb 29, 2024

BlueBean - an all-in-one procure-to-pay solution - announced its launch with $1.3 million in capital. Tola Capital led this funding round, and partner Aaron Fleishman joined as a board member. Created in 2023 by procurement expert and former Coupa Software VP Fabrice Saporito, BlueBean helps businesses manage expenses.