Startups

Alias Technologies: $3 Million Closed To Build Zero-Pressure Social Media App BeFake

By Dan Anderson ● Sep 3, 2023

Alias Technologies is a company that is officially out of stealth mode with the launch of BeFake. This AI-driven zero-pressure social media app gives users the power of AI to creatively transform everyday moments with their friends. In just a few weeks since its launch, BeFake is already exploding in popularity and ranking in the App Store’s Top Free charts in the United States, the United Kingdom, and France.

ProjectDiscovery: Open Source Powered Security Company Raises $25 Million

By Annie Baker ● Sep 1, 2023

ProjectDiscovery - the open source powered security company that specializes in the detection of new exploitable vulnerabilities - announced that it raised $25 million in a Series A financing round led by CRV, with participation from Point72, SignalFire, Rain Capital, Mango Capital, Accel, Lightspeed, Guillermo Rauch, Caleb Sima and Talha Tariq, etc. And at the same time, the company announced the launch of its ProjectDiscovery Cloud Platform, a fully-managed SaaS platform built on top of ProjectDiscovery's most popular open source tools to enable enterprises to discover and remediate vulnerabilities at scale.

Clockworks Analytics: $16 Million Raised For Powering Operational Efficiencies In Smart Buildings

By Amit Chowdhry ● Aug 31, 2023

Clockworks Analytics - a leading provider of SaaS building analytics - recently announced that it has closed a funding round of $16.1 million. Carom Growth Partners led the funding round with participation from existing investor SE Ventures. This funding round brings the company’s total to over $28 million since being founded.

Delphinus Medical Technologies Receives $12 Million In Growth Capital From Trinity Capital

By Amit Chowdhry ● Aug 31, 2023

Trinity Capital - a leading provider of diversified financial solutions to growth-stage companies - recently announced the commitment of $12 million in growth capital to Delphinus Medical Technologies, a medical imaging company that has developed SoftVue, a dense breast screening innovation that increases cancer detection and decreases unnecessary callbacks while delivering a comfortable patient experience.

Thyme Care: Value-Based Cancer Care Company Closes $60 Million In Funding

By Amit Chowdhry ● Aug 31, 2023

Thyme Care - a leading value-based cancer care partner - recently announced a $60 million Series B fundraise co-led by Town Hall Ventures and Foresite Capital, with participation from current investors Andreessen Horowitz Bio + Health, AlleyCorp, Casdin Capital, and Frist Cressey Ventures.

Firstup: $100 Million In Annual Recurring Revenue Surpassed

By Amit Chowdhry ● Aug 31, 2023

Intelligent communication platform company Firstup recently announced that it has surpassed $100 million in Annual Recurring Revenue (ARR), underscoring its position as a market leader. With over 18 million employees connected worldwide, Firstup is the trusted choice of over 40% of Fortune 100 companies. Industry giants, including Amazon, Dow, Ford, and Hilton, rely on Firstup to connect seamlessly with their workforce, deliver personalized communications, and gain valuable insights to enhance employee engagement.

Mendoza Ventures Launches Nonprofit To Close Diverse Founder Funding Gap

By Amit Chowdhry ● Aug 30, 2023

Mendoza Ventures - a female and Latinx-founded Fintech, AI, and cybersecurity VC firm - recently announced it has launched its new non-profit, Mendoza Impact, to help fund and build the next generation of diverse founders, funders, and VC/PE fund employees.

Beamer: No-Code Product Engagement Tool Company Raises $20 Million

By Annie Baker ● Aug 30, 2023

Beamer - a recognized leader in no-code product engagement tools - recently announced a growth equity investment from Camber Partners, a B2B SaaS investment firm focused on product-led growth (PLG) software companies. Valued at over $20 million, the funding reflects both firms' commitment to building a unified platform for Product teams across the globe. As part of the investment, Beamer announced Satya Ganni as its CEO.

Caden: Data Intelligence Company Secures $15 Million

By Amit Chowdhry ● Aug 30, 2023

Data intelligence company Caden recently announced a $15 million Series A round led by Nava Ventures, with participation from Jerry Yang’s AME Cloud Ventures, Streamlined Ventures, Montage Ventures, Industry Ventures, 1707 Capital, AAF Management, and others.

FantasyLife: Matthew Berry’s Sports And Betting Media Company Secures $2 Million

By Amit Chowdhry ● Aug 30, 2023

FantasyLife - a rapidly growing fantasy sports and sports betting media company founded by Matthew Berry - recently announced the closing of a $2 million dollar friends and family round from strategic investors, including:

Qase: All-In-One Test Management Platform Company Closes $7.2 Million In Funding

By Annie Baker ● Aug 30, 2023

Qase - an all-in-one test management platform built to beautifully orchestrate QA for both manual and automated testing - recently announced it raised $7.2 million in Series A and seed funding rounds.

Demex: $5 Million Secured To Deploy Retained Climate Risk Reinsurance (RCR Re) Solutions

By Amit Chowdhry ● Aug 30, 2023

The Demex Group - the creators of first-of-its-kind reinsurance solutions that address the accumulating losses caused by secondary perils - recently announced it has raised $5 million from a syndicate of existing and new investors led by Blue Bear Capital. Blue Bear Capital, a venture and growth equity firm focused on the world's climate challenges, has been a significant partner for Demex since 2021.

Visana Health: Virtual-First Women’s Clinical Care Company Closes $10.1 Million

By Amit Chowdhry ● Aug 30, 2023

Visana Health - a virtual-first comprehensive women's health clinic - recently announced the close of $10.1 million in seed funding co-led by Flare Capital Partners and Frist Cressey Ventures. Also joining the oversubscribed round are InHealth Ventures, Oxeon Partners, Pixel Perfect Ventures, Venture Investors, and others.

ElectroTempo: Electric Charging Network Planning And Intelligence Software Company Secures $4 Million

By Noah Long ● Aug 30, 2023

ElectroTempo - a pioneer in planning and intelligence software for electric charging networks - recently announced today that it raised $4 million in seed funding. The funding round was led by Buoyant Ventures, a women-owned, Chicago-based venture capital firm focusing on technology start-ups looking to combat climate change.

Instylla: $30 Million Raised To Develop Liquid Embolics For Peripheral Vascular Embolotherapy

By Dan Anderson ● Aug 30, 2023

Instylla - a privately held company developing next-generation liquid embolics for peripheral vascular embolotherapy - recently announced the closing of a $30 million financing round. This funding round was led by new investor Delos Capital, with continued participation from the investor syndicate of Excelestar Ventures, Ascension Ventures, Catalyst Health Ventures, Amed Ventures, Sparta Group, and Incept, LLC.

UK FinTech Growth Partners: New Fund Launched To Scale Startups

By Amit Chowdhry ● Aug 30, 2023

UK FinTech Growth Partners LLP recently announced that it will launch the FinTech Growth Fund, the first investment fund of its kind focussed on supporting growth-stage FinTechs as they scale. With backing for the initiative already secured from industry leaders Barclays, NatWest, Mastercard, London Stock Exchange Group, and Peel Hunt, the FinTech Growth Fund will invest in UK FinTechs, predominantly between the Series B and pre-IPO rounds, to enable them to scale into world-class global organizations.

Toothio: On-Demand Dental Staffing Platform Secures $4 Million

By Amit Chowdhry ● Aug 30, 2023

Toothio - an on-demand dental staffing platform connecting qualified professionals with practices - recently announced a $4 million seed round led by Craft Ventures with participation from Burst Capital, Moving Capital, Revere Partners, and Rho Capital Partners. And this funding follows an initial backing from AZ Crown, founders of Insight Enterprises (Nasdaq: NSIT). This funding round will accelerate Toothio's growth by enhancing its technology, expanding into key US markets, increasing its network of dental professionals, and adding to its sales team.

Divirod: Real-Time Flood Management And Water Risk Analytics Company Secures $3.6 Million

By Noah Long ● Aug 29, 2023

Divirod - a cutting-edge real-time flood management and water risk analytics company - recently announced the successful closure of a $3.6 million bridge round. This significant investment was spearheaded by industry leaders GHD, Thin Line Capital, and TDK Ventures. And the funding round will serve to bolster the company's team, consolidate product definition, strengthen sales and marketing efforts, and use AI-driven analytics for water risk prediction.

PHX Ventures: $25.4 Million Raised For Over-Subscribed Second Fund

By Amit Chowdhry ● Aug 29, 2023

PHX Ventures - a seed-stage venture capital firm focused on investing in B2B software companies in Arizona - recently announced it has over-subscribed its second fund with $25.4 million in commitments to date. PHX Ventures was launched by software entrepreneur Gregg Scoresby to fill a gap in the local software community: institutional-quality, seed-stage venture capital for high-growth Arizona companies. This fund will lead or co-lead seed rounds of $1 million to $5 million.

LightForce: Personalized 3D Printed Braces System Company Secures $80 Million

By Amit Chowdhry ● Aug 29, 2023

LightForce - the makers of the world’s first fully personalized 3D printed braces system - recently announced it raised an $80 million Series D round led by Ally Bridge Group. Transformation Capital and CareCapital. And Omega Venture Partners, Matter Venture Partners, and the American Association of Orthodontics joined the round, as did existing LightForce investors, including Kleiner Perkins, Tyche Partners, and Matrix Partners.

Chemify: $43 Million Secured To Provide Pharmaceutical And Biotech Partners With Better Molecules

By Noah Long ● Aug 29, 2023

Chemify - a pioneering company operating its proprietary molecular design, discovery, and chemical manufacturing technology to provide pharmaceutical, biotechnology, and industrial partners with better molecules - recently announced funding of $43 million including a Series A led by Triatomic Capital, joined by new investors including Hong-Kong based Horizon Ventures, US-based Rocketship Ventures, Possible Ventures, Alix Ventures, Scotland-based Eos, and the UK Government Innovation Accelerators program. Existing investor BlueYard Capital also participated in the round.

FeelBetter: $5.9 Million Raised To Optimize And Personalize Medication Management For Polypharmacy Patients

By Annie Baker ● Aug 29, 2023

FeelBetter - the leading provider of medication management technology and pioneer of Pharmaco-Clinical Intelligence - recently announced that it has raised $5.9 million in funding. Firstime Ventures and Shoni Health Ventures led the funding round with participation from Random Forest VC, The Group Ventures, and existing FeelBetter investor Triventures, which brings the company's total funding to $8 million.

Dropzone AI: Autonomous Alert Investigation Platform Company Lands $3.5 Million In Funding

By Amit Chowdhry ● Aug 29, 2023

Dropzone AI - an autonomous alert investigation platform for security operations teams - recently announced that it has closed on $3.5 million in seed funding led by Decibel Partners and joined by Pioneer Square Ventures Fund. Some notable angel investors who also joined the round include Oliver Friedrichs, CEO of Pangea Security and founder and former CEO of Phantom Cyber; Jon Oberheide, co-founder and former CTO of Duo Security; and Jesse Rothstein, co-founder and CTO of ExtraHop, also participated in the round.

Acelab: $5.3 Million Raised To Build Product Selection Platform For Construction Sector

By Dan Anderson ● Aug 28, 2023

Acelab - the single source destination for product selection in the building industry - recently announced that the company has raised $5.3 million in funding. Pillar VC, PJC, and Draper Associates co-led the round, with additional investors including Alpaca, Steve Kaufer (Founder and former CEO of TripAdvisor), Erik Jarnryd (Former CEO of Harvey Building Products), Transcend Partners, Branagh Construction, Ken Lang, Klingenstein Fields, and Westview PE Fund.

Nodal Power: Renewable Energy Asset Company Secures $13 Million

By Noah Long ● Aug 28, 2023

Nodal Power - a company that develops and operates landfill gas to energy power plants - recently announced that it has raised a $13 million seed round to mitigate methane emissions at landfills aggressively.

Datasaur: Leading Natural Language Processing Company Raises $4 Million

By Annie Baker ● Aug 28, 2023

Datasaur - a leading natural language processing (NLP) platform that helps annotators train AI algorithms - recently announced the closing of a $4 million seed funding round and launched a new feature called Datasaur Dinamic, allowing users to train custom NLP models efficiently. The funding round was led by Initialized Capital with participation from HNVR, Gold House Ventures, and TenOneTen. This funding round brough Datasaur's total funding to date to $7.9 million. And the latest investment will be used to democratize access to the latest advancements in NLP and LLM technology.

Haus: Growth Command Center Company Secures $17 Million

By Dan Anderson ● Aug 27, 2023

Haus - a growth command center combining causal inference with experimentation and AI - recently announced $17 million in Series A funding. Insight Partners led the funding round with participation from existing investors, Baseline Ventures, Haystack Ventures, Upside Partnership, Octave Ventures, and Mantis Venture Capital.

Questa Capital: $397 Million Fund III Closed To Invest In Healthcare Companies

By Amit Chowdhry ● Aug 27, 2023

Questa Capital Management - a venture growth equity firm exclusively dedicated to the healthcare industry - recently announced the final close of Questa Capital Partners III, LP, with $397 million of capital commitments, bringing the firm's aggregate committed capital to over $1 billion.

ZeroEyes: AI-Based Gun Detection Video Analytics Company Closes $23 Million In Funding

By Noah Long ● Aug 27, 2023

ZeroEyes - the creators of the only AI-based gun detection video analytics platform that holds the US Department of Homeland Security SAFETY Act Designation - recently announced it has secured $23 million in capital on the heels of dramatic growth surpassing 300% over the last year. Octave Ventures, Alliance Holdings, and other existing investors led this oversubscribed round.

Ikigai Labs: $25 Million Raised To Advance Generative AI For Tabular Data

By Amit Chowdhry ● Aug 27, 2023

Ikigai Labs - a company that unlocks the power of generative AI for tabular data - recently announced $25 million of new capital by Premji Invest with participation from Foundation Capital and e& capital.