Startups

Zip: Intake-To-Pay Platform Inks $100 Million In Series C At $1.5 Billion Valuation

By Annie Baker ● Jun 1, 2023

Zip - an intake-to-pay platform - announced its $100 million Series C funding round at a $1.5 billion post-money valuation with investment from Y Combinator, CRV, and Tiger Global. And this funding round brings Zip’s total funding to $181 million with its prior seed, $25 million Series A, and $43 million Series B rounds.

Tipalti: $150 Million Raised To Build Global Payables Automation Platform

By Dan Anderson ● May 31, 2023

Tipalti - a leading global payables automation platform - announced it has raised $150 million in incremental growth financing from JPMorgan Chase Bank and Hercules Capital.

MarketX: Radiate Ventures’ Inaugural Fund Launched To Invest In Disruptive Technologies

By Amit Chowdhry ● May 31, 2023

MarketX - a global thematic investment platform focused on venture capital deals - along with the firm’s founder Cathryn Chen announced the launch of Radiate Ventures, which is a dedicated investment vehicle with discretionary capital investing in disruptive technologies focused on fintech, deep tech, and vertical SaaS.

Steno: Legal Support Services Company Secures $15 Million In Series B

By Annie Baker ● May 31, 2023

Steno - a tech-enabled provider of legal support services - announced the closing of a $15 million Series B funding round led by Left Lane Capital.

BuildOps: Modern Commercial Contractor Company Raises $50 Million

By Noah Long ● May 31, 2023

BuildOps - the only all-in-one management software built specifically for the modern commercial contractor - announced it has raised $50 million in additional funding.

PYOR Lands $4 Million In Funding To Build Insights For The Digital Assets Industry

By Dan Anderson ● May 31, 2023

PYOR (Power Your Own Research) - a pioneer in enabling high-fidelity data and insights for the digital assets industry - announced $4 million of funding in its seed round.

Spellbook: AI Copilot For Legal Industry Closes $10.9 Million In Funding

By Annie Baker ● May 31, 2023

Spellbook - an AI copilot for lawyers - announced recently a $10.9 million funding round led by Moxxie Ventures with participation from Thomson Reuters Ventures, Inovia Capital, The LegalTech Fund, Bling Capital, N49P, Concrete Ventures, Good News Ventures, Venture Newfoundland & Labrador and others as well as a formal rebrand from Rally to Spellbook.

Odyssey: $15 Million In Funding Received To Drive An Emerging Market Energy Transition

By Annie Baker ● May 30, 2023

Odyssey - a business-in-a-box software platform for distributed energy in emerging markets - announced the closing of its $15 million Series A round led by Union Square Ventures with additional participation from Equal Ventures, Twelve Below, Transition, Equator, MCJ Collective, Abstract Ventures, Founder Collective, and Climate Capital.

Stacklok: $17.5 Million Closed To Secure Software Supply Chains

By Annie Baker ● May 30, 2023

Stacklok announced recently a $17.5 million Series A funding round to bring enterprise-grade security solutions to developers actively working with open-source software.

Course5 Intelligence: Analytics And AI Solutions Company To Raise $55 Million

By Annie Baker ● May 30, 2023

Course5 Intelligence - an analytics and AI solutions company - announced that they are raising a round of funding of $55 million.

Sealonix: $20 Million Secured For Developing Hemostatic Sealants For Surgical Use

By Noah Long ● May 30, 2023

Sealonix announced that it has closed a $20 million Series A financing. This funding round was led by Excelestar Ventures with additional participation from AMED Ventures, Sparta Group, Iyengar Capital, J2 Ventures, and TiE Boston.

PartsTech: $35 Million In Series C Funding Pulled In For B2B Auto Parts Marketplace

By Annie Baker ● May 30, 2023

PartsTech - an industry-leading B2B parts marketplace for the auto repair industry - announced it has closed a Series C capital raise of $35 million. This funding round was led by OpenView, a renowned venture capital firm known for its deep expertise in scaling high-growth technology companies.

NYBC Ventures: $50 Million Fund Launched To Accelerate Blood-Related Innovation

By Amit Chowdhry ● May 30, 2023

NYBC Ventures announced the launching of its inaugural fund with a $50 million investment from the New York Blood Center (NYBC) to accelerate innovation in blood-related fields, cellular therapies, and enabling technologies.

Catalyst By Wellstar: $100 Million Venture Fund Launches To Shape Future Of Healthcare

By Annie Baker ● May 30, 2023

Catalyst by Wellstar - an innovation company and venture firm created by one of the largest health systems in Georgia - announced the launching of a $100 million venture fund for shaping the future of healthcare by creating better care and market value.

Plymouth Growth: Fifth Fund Closed At $125 Million In Committed Capital

By Amit Chowdhry ● May 30, 2023

Plymouth Growth, a leading Ann Arbor, MI-based growth equity firm, announced the successful closing of Plymouth Growth V, LP, with about $125 million in committed capital.

Insight Partners: $1.3 Billion Committed For Continuation Fund II

By Amit Chowdhry ● May 30, 2023

Insight Partners recently announced the closing of its Continuation Fund II with HarbourVest Partners and Lexington Partners leading a group of limited partners investing in the fund. The deal closed with total commitments of approximately $1.3 billion.

Lifeforce: $12 Million Raised For Health Optimization Platform

By Amit Chowdhry ● May 30, 2023

Lifeforce - which is the first comprehensive and clinically integrated health optimization platform - announced the closing of its $12 million Series A funding round co-led by M13 and Peterson Ventures.

Lumeus.ai Lands $6 Million In Seed Funding For Visibility-First Zero Trust Networking Platform

By Annie Baker ● May 30, 2023

Lumeus.ai - a visibility-first Zero Trust networking platform - announced its launch with $6 million in seed funding led by Tola Capital with participation from pre-seed investors Emergent Ventures and First Rays Ventures.

Num Finance: Latin American Stablecoin Issuer Lands $1.5 Million In Pre-Seed Funding

By Noah Long ● May 27, 2023

Num Finance - a premier issuer of local stablecoins in Latin America - announced it has raised $1.5 million following the closure of its pre-seed funding round led by Reserve. The investors in the round also included H20 Scouter Fund, VC3, Ripio Ventures, and Matias Woloski, the CTO of Auth0.

Plenty: $2.75 Million Raised For Modernizing Wealth Building For Couples

By Annie Baker ● May 27, 2023

Plenty - a financial platform that helps couples discuss, manage, and invest money together - recently announced its $2.75 million pre-seed capital raise to provide more accessible wealth-building opportunities that meet the needs of dual relationships.

Nue.io Receives $9 Million Seed Extension To Automate New Pricing And Models

By Dan Anderson ● May 27, 2023

Nue.io - a leading quote-to-revenue platform - announced that it has raised $9 million in seed extension funding to expand its product offerings and accelerate growth. This funding round was co-led by Bluefish Ventures and Penny Jar Capital with participation from NJP Ventures and Operator Stack and existing investors Information Venture Partners and NextWorld Capital.

Catalyst Funds: $150 Million In Commitments Closed For Catalyst IV

By Annie Baker ● May 27, 2023

Catalyst Funds has announced the closing of its fourth fund Catalyst IV - which will manage assets of $150 million. Catalyst Funds now have a total of $450 million in managed assets.

Integrated Projects: Building Designer Digitization Services Company Secures $3 Million

By Annie Baker ● May 26, 2023

Integrated Projects - a leading provider of digitization services for building owners and design professionals - announced it has closed $3 million in seed funding. And the funding will be used to expand the current digitization capacity of its Integrated Projects Exchange (IPX) platform from 6 to 60 buildings a day.

Lavita AI: AI+Web3 Healthcare Platform Company Receives $5 Million In Seed Funding

By Noah Long ● May 26, 2023

Lavita AI - a next-generation AI+Web3 healthcare platform - announced it has closed a $5 million seed funding round led by Camford Capital and angel investors from blockchain and AI industries.

Cloverly: Climate Action Platform Company Lands $19 Million In Funding

By Annie Baker ● May 26, 2023

Cloverly - a technology-powered climate action platform - announced recently that it has raised a $19 million Series A funding round. This funding round was led by Grotech Ventures and joined by other leading firms including Aquiline Technology Growth, Impact Engine, Mission One Capital, New Climate Ventures, and CreativeCo Capital, and supported by existing investors including Tech Square Ventures, SoftBank Opportunity Fund, Circadian Ventures, Knoll Ventures, SaaS Ventures, and Panoramic Ventures.

Amino Health: Digital Healthcare Guidance Company Secures $80 Million In Funding

By Dan Anderson ● May 26, 2023

Amino Health - a leading digital healthcare guidance company - announced $80 million in both equity and debt financing led by Transformation Capital and Oxford Finance LLC, respectively.

Wellthy: Care Concierge Platform Closes $25.5 Million In Funding

By Noah Long ● May 26, 2023

Wellthy - a leading care concierge platform covering 2 million lives with expert personal and digital support - announced that it has raised an additional $25.5 million in funding to support the company’s continued growth and work to drive solutions to today’s care crisis.

Modern Hydrogen Inks $32.8 Million In Funding To Decarbonize Natural Gas Into Clean Hydrogen

By Annie Baker ● May 26, 2023

Modern Hydrogen recently announced an oversubscribed $32.8 million Series B-2 funding round led by NextEra Energy with strategic investors & partners Miura and National Grid Partners also participating. And existing investors Gates Frontier, IRONGREY, Starlight Ventures, Valo Ventures, and Metaplanet continued their participation and expanded their investments as part of the funding round.

Jia: $4.3 Million Closed To Turn Global Liquidity Into Working Capital For Businesses

By Amit Chowdhry ● May 25, 2023

Jia announced $4.3 million in equity funding with an additional $1 million committed for on-chain liquidity through a partnership with Huma Finance.

Lilly’s Social Impact Venture Capital Portfolio Grows To Over $300 Million

By Annie Baker ● May 25, 2023

Eli Lilly and Company recently allocated an additional $50 million to its now $300 million Social Impact Venture Capital Portfolio, which reflects the company's commitment to going beyond the medicines it makes to have a positive impact on patients and society through for-profit investments.