Startups

Sixty AI: $3.5 Million Closed To Help Reduce Digital Clutter

By Noah Long ● Jul 8, 2023

Sixty AI - a company that is reimagining productivity and unburdening busy consumers from digital clutter - recently announced it raised $3.5 million in funding. Recently backed by 468 Capital in a $3.5 million funding round, Sixty’s software platform effortlessly manages mundane tasks that usually get in the way of what matters most: whether across work, life, family, or more.

Clair: Digital Banking Platform Closes $175 Million In Funding

By Amit Chowdhry ● Jul 8, 2023

Clair - a mission-driven fintech company - recently announced it raised $175 million in funding to launch the first free, consumer-friendly, on-demand pay solution as a consumer lending program backed by an FDIC-insured bank. And the new program offers a participation amount of up to $150 million, which enables front-line workers to take wage advances from Pathward.

Telexistence: Japan-Based Robotics Company Closes $170 Million In Series B

By Amit Chowdhry ● Jul 8, 2023

Telexistence (TX) recently announced it has successfully raised a USD $170 million Series B round. Along with the follow-on investments from the lead investors in previous funding rounds, including Monoful Venture Partners, KDDI Open Innovation Fund, and Airbus Ventures, TX has also secured funding from new investors including SoftBank Group (SBG), HH-CTBC Partnership (Foxconn Co-GP Fund), and Globis Capital Partners (GCP).

European Investment Fund Plugs €25 Million Into Radix Ventures

By Amit Chowdhry ● Jul 7, 2023

Federato: RiskOps Underwriting Platform Company Closes $25 Million

By Annie Baker ● Jul 7, 2023

Federato - which is the insurance industry's first RiskOps underwriting platform - recently announced that it has raised $25 million in Series B funding, led by Caffeinated Capital with participation from Emergence Capital and Pear VC. This round comes less than a year after the company announced its Series A.

Cyware: AI-Powered Cyber Fusion Platform Company Closes $30 Million

By Noah Long ● Jul 7, 2023

Cyware - a leading provider of AI-powered Cyber Fusion platforms for enterprises and MSSPs, and automated threat intelligence sharing for information sharing networks - recently announced a $30 million Series C financing round led by Ten Eleven Ventures, a leading multi-stage investment firm specializing in cybersecurity. And also participating are previous investors including Advent International, Zscaler, Emerald Development Managers, Prelude (the venture practice at Mercato Partners), and Great Road Holdings.

Author Health: $115 Million Closed To Help Seniors With Mental Illnesses

By Dan Anderson ● Jul 7, 2023

Author Health recently launched as one of the first platforms to provide comprehensive care and treatment for Medicare Advantage recipients with serious mental illness and substance use disorders. And the company has received $115 million in financing led by General Atlantic with participation from Flare Capital Partners.

Rubber Ducky Labs: $1.5 Million Raised To Advance Operational Analytics For Recommender Systems

By Annie Baker ● Jul 7, 2023

Rubber Ducky Labs - a company focused on making recommender systems easier to build and imbue with human knowledge - recently announced a $1.5 million seed investment round led by Bain Capital Ventures with participation from Cadenza Ventures and angel investors including Brad Klingenberg (ex-Chief Algorithms Officer at Stitch Fix), Patrick Hayes (co-founder of SigOpt), and Dave Aronchick (co-founder of Bacalhau and Expanso). Rubber Ducky Labs completed Y Combinator in Winter 2023.

Gradient Health: Medical AI Data-Sharing Company Raises $2.75 Million

By Annie Baker ● Jul 6, 2023

Gradient Health - a leading medical AI data-sharing company - recently announced the successful closure of a $2.75 million funding round led by ReMY Investors & Consultants.

Honey Homes: Upkeep And Maintenance Company Raises $9 Million

By Noah Long ● Jul 6, 2023

Honey Homes - a membership service delivering complete home upkeep and maintenance - recently announced it has raised $9 million in Series A funding led by Khosla Ventures. This funding round brings Honey Homes’ total funding raised to over $12.1 million - which includes participation from Pear VC, Teambuilder Ventures, and Moving Capital, along with DoorDash co-founders Tony Xu and Stanley Tang, Lyft co-founder Logan Green, Opendoor co-founder Eric Wu, and Mercury co-founder Immad Akhund, and several others.

Blueprint: $9 Million Closed To Help Mental Health Clinicians Offer Better Care In Less Time

By Annie Baker ● Jul 6, 2023

Blueprint - a technology platform helping mental health clinicians deliver higher-quality care in less time - recently announced its $9 million Series A co-led by Ensemble VC and Lightbank with participation from Bonfire Ventures, Revolution's Rise of the Rest Seed Fund, TAU Ventures, Data Tech Fund, and select angel investors.

Datapeople: SaaS Recruiting Predictability Platform Company Secures $13 Million

By Dan Anderson ● Jul 6, 2023

Datapeople - a SaaS recruiting predictability platform - recently announced the completion of an oversubscribed $13 million Series A funding round. This funding round was co-led by GreatPoint Ventures and New Markets Venture Partners with the participation of existing investors including First Round Capital, NextView Ventures, and Uncork Capital as well as operator syndicates Gaingels and FOG Ventures.

Flywheel: Medical Imaging Data Company Raises $54 Million

By Amit Chowdhry ● Jul 6, 2023

Flywheel - a leading medical imaging data and AI platform - announced it raised $54 million in Series D funding with more to come soon. And this latest funding round was co-led by Novalis LifeSciences LLC and NVentures (NVIDIA’s venture capital arm). Microsoft also joined the funding round along with insiders Invenshure, 8VC, Beringea, Hewlett Packard Enterprise, Intuitive Ventures, iSelect, Gundersen Health System, Seraph, and Great North Ventures.

Silent Push: Detection-Focused Threat Intelligence Company Secures $10 Million

By Noah Long ● Jul 4, 2023

Silent Push - a detection-focused threat intelligence company - recently announced the company's launch with a total of $10 million in seed funding led by global cybersecurity specialist investor Ten Eleven Ventures.

Meshcapade: $6 Million Raised To Develop AI Solutions For Modeling And Analysis Of 3D Digital Humans In Motion

By Annie Baker ● Jul 4, 2023

Meshcapade - a startup specializing in AI solutions for modeling, analysis, and synthesis of 3D digital humans in motion - recently announced a $6 million seed round led by Matrix with participation from a number of tech founders and investors.

Wherobots: Geospatial Analytics And AI Closes $5.5 Million In Funding

By Noah Long ● Jul 3, 2023

Wherobots - a data platform for geospatial analytics and AI - recently announced that it has raised a $5.5 million seed funding round. This funding round was co-led by Wing Venture Capital and Clear Ventures. And Wherobots will be using the new capital to build products that enable every organization to extract business value from data via spatial location and time.

Adaptive Phage Therapeutics Raises $12 Million For Developing Phage-Based Therapies To Combat Bacterial Infections

By Dan Anderson ● Jul 3, 2023

Adaptive Phage Therapeutics (APT) - a clinical-stage biotechnology company pioneering the development of phage-based therapies to combat bacterial infections - announced that it has received a $12 million upfront investment from funds managed by Deerfield Management and the AMR Action Fund as part of a new $24 million total investment in a Series B1 round that is targeting $30 million in aggregate.

Unshackled Ventures: $35 Million Fund III Closed To Help Immigrant Founders Start Companies In The U.S.

By Amit Chowdhry ● Jul 3, 2023

Unshackled Ventures - the only pre-seed venture capital fund that enables immigrant founders to start companies in the U.S. - announced the successful close of its $35 million Fund III, backed by high-profile limited partners, 73% of which is institutional LPs. Unshackled Fund III LPs include Cambridge Associates, Cendana, Emerson Collective, California Infrastructure and Economic Development Bank (IBank), and Sorenson Impact Advisory, more than doubling its assets under management (AUM).

Vessel Technologies: Housing Product Development Company And Franchisor Raises Series A Funding

By Amit Chowdhry ● Jul 3, 2023

Vessel Technologies - a mission-driven housing product development company and franchisor that offers a high-quality, sustainable, and attainably priced housing solution - announced it has secured Series A funding from co-lead investors Mastry Ventures and LENx, the venture arm of homebuilder Lennar.

Invirsa: Clinical-Stage Pharmaceutical Company Secures $7.7 Million

By Dan Anderson ● Jul 3, 2023

Invirsa - a privately held, clinical-stage pharmaceutical company focused on developing an innovative topically administered eyedrop formulation INV-102 for ocular conditions associated with DNA damage - announced the closing of a $7.7 million Series B financing completed in April earlier this year.

Permira Credit: €4.2 Billion Raised For Direct Lending Strategy

By Annie Baker ● Jul 3, 2023

Permira Credit - which is one of Europe’s leading specialist credit investors - announced the successful completion of fundraising for its fifth direct lending fund Permira Credit Solutions Fund V (PCS5). Including associated vehicles and leverage, the total investable capital for the strategy is €4.2 billion.

Ecovative: Mycelium Technology Company Raises Over $30 Million

By Noah Long ● Jul 3, 2023

Ecovative Design LLC - a leading mycelium technology company - recently announced the initial closing of a Series E round of over $30 million. And $15 million of the raise is being reinvested into its MyForest Foods Co. subsidiary, founded in 2020.

Upperline Health: Specialty Value-Based Care Company Raises $58.35 Million

By Annie Baker ● Jul 3, 2023

Upperline Health - which is the nation’s largest provider network dedicated to specialty value-based care - recently announced it has raised over $58 million in new capital. And Crestline Investors led the latest round with additional participation from previous investors including Silversmith Capital Partners and Adam Boehler. The funding round will be used to drive further growth in Upperline Plus, its Accountable Care Organization (ACO) REACH program.

Significo: Digital Health Solutions Company Closes $12 Million In Funding

By Noah Long ● Jul 3, 2023

Significo - a provider of secure and reliable digital health solutions - recently announced the successful closure of a $12 million Series A funding round, driving a mission to scale personalized health recommendations as a service.

Pigment: Business Planning Platform Company Raises $88 Million

By Annie Baker ● Jul 3, 2023

Business planning platform company Pigment recently announced it raised an $88 million Series C funding round led by ICONIQ Growth. This Series C investment brings the company's total amount raised to $248 million in under 3 years. And Felix Capital - as well as previous investors Meritech, IVP, and FirstMark - have also joined the round.

Contextual AI: $20 Million Secured To Accelerate Generative AI For The Workplace

By Noah Long ● Jul 3, 2023

Contextual AI recently emerged from stealth with $20 million in funding led by Bain Capital Ventures (BCV) with participation from Lightspeed, Greycroft, SV Angel, and well-known angel investors including Elad Gil, Lip-Bu Tan, Sarah Guo, Amjad Masad, Harry Stebbings, Fraser Kelton, Sarah Niyogi and Nathan Benaich.

SciTech Development Lands $2.73 Million In Funding For Advancing Clinical Trials For Cancer Treatment

By Dan Anderson ● Jul 3, 2023

SciTech Development recently announced it has closed a $2.73M funding round, led by several prominent life science investors to advance clinical trials for Non-Hodgkin Lymphoma and Small Cell Lung Cancer.

Syntax Health: SaaS-Based Solution For Health Plans And Providers Closes $7.5 Million

By Annie Baker ● Jul 3, 2023

Syntax Health - a New York-based provider of an enterprise SaaS-based solution for health plans and providers - recently announced it has successfully raised $7.5 million in Seed funding. The funding round - which was led by undisclosed investors - will enable Syntax Health to accelerate its growth, expand operations, and further penetrate the market.

Blumira: Detection And Response Technology Company Secures $15 Million

By Amit Chowdhry ● Jul 3, 2023

Blumira - a leading provider of detection and response technology - recently announced the launch of its XDR platform to provide enterprise-level security for small to medium businesses (SMBs). And the company also recently announced that it had raised a $15 million Series B financing round led by Ten Eleven Ventures and joined by RPS Ventures, Mercury Fund, HPA, and Duo Security co-founder Jon Oberheide.

Astrix Security: $25 Million Raised To Ensure Core Systems Are Securely Protected In Third-Party Cloud Services

By Annie Baker ● Jul 3, 2023

Astrix Security - which is the enterprise's trusted solution for securing non-human identities - recently announced has secured $25 million in Series A funding led by CRV with participation from existing investors Bessemer Venture Partners and F2 Venture Capital. This new funding round brings Astrix's total funding to almost $40 million.