Startups

Clumio: Data Backup And Public Cloud Recovery Company Raises $75 Million

By Amit Chowdhry ● Feb 26, 2024

Clumio - a leader in data backup and recovery for public cloud - announced that it has secured $75 million in a Series D funding round led by Sutter Hill Ventures, along with participation from existing investors Index Ventures and Altimeter Capital, and new investor NewView Capital.

Evergrowth: B2B Account-Based Sales Company Raises $2.2 Million And Shuts Down Sales Consultancy Business

By Amit Chowdhry ● Feb 26, 2024

Evergrowth - a premier AI-powered B2B account-based sales platform - announced the first fundraising of $2.2 million, making it one of the largest pre-seed rounds in Baltic history. This investment, led by Impellent Ventures and Practica Capital, demonstrated the rising influence of Baltic European SaaS startups and the need for fully optimized AI-driven strategies to enable sales and revenue teams. The company is on track to hit $500K ARR within three months of its MVP launch.

Fabric: $60 Million Secured To Consolidate Fragmented Healthcare Point Solutions

By Amit Chowdhry ● Feb 26, 2024

Fabric - a leading healthcare enablement platform company - announced it has raised $60 million in Series A funding led by General Catalyst with continued participation by Thrive Capital, GV (Google Ventures), Salesforce Ventures, Vast Ventures, Box Group, and Atento Capital. The support from investors validates a care enablement system that improves patient access while driving clinical and operational efficiency from symptom onset through virtual and in-person treatment and post-visit engagement.

Healthly Raises Growth Capital Financing From Corbel To Launch New Preventative Care Business Model

By Amit Chowdhry ● Feb 26, 2024

Healthly - a company that prioritizes primary care, support services, and preventative medicine - announced it has received funding from Corbel Capital Partners to introduce more physicians to a revolutionary primary care business model that can improve patient health outcomes by reducing the number of hospitalizations due to avoidable, advanced chronic diseases.

Napier AI: Financial Crime Compliance RegTech Company Raises £45 Million

By Amit Chowdhry ● Feb 26, 2024

Napier AI - a London-based financial crime compliance RegTech - announced that it has received a significant investment from Crestline Investors, which is a US-based and credit-focused institutional alternative asset manager, to accelerate its growth trajectory further, highlighting the transformational time in the industry for know your customer (KYC) and anti-money laundering (AML) solutions.

ISHI Health Secures $4 Million To Transform Heart Failure Care Across The Disease Risk Spectrum

By Amit Chowdhry ● Feb 26, 2024

ISHI Health - an AI-powered virtual clinic specializing in heart failure and complex cardiac disease care - announced it had secured $4 million in a recent funding round led by Takeda Digital Ventures (TDV). This strategic funding will propel ISHI to expand its product range, enter new markets, and demonstrate exceptional clinical outcomes and patient experiences.

Antora Energy: $150 Million Secured To Slash Industrial Emissions And Drive U.S. Manufacturing

By Amit Chowdhry ● Feb 26, 2024

Antora Energy - a leader in zero-emissions industrial heat and power - announced it raised a $150 million Series B funding round led by Decarbonization Partners, a partnership between BlackRock and Temasek.

Axle Health: $4.2 Million Secured To Scale Home Healthcare Software Platform

By Amit Chowdhry ● Feb 26, 2024

Axle Health - a leading provider of scheduling and workforce management software in the home healthcare space - announced the closing of $4.2 million in seed funding, bringing the total raised to $4.4 million. The initial seed round was led by Pear VC, with an additional round of funding led by TRAC VC with participation from existing investors.

Xevant Raises Growth Investment With HCAP Partners

By Amit Chowdhry ● Feb 26, 2024

Xevant - a leader and creator of automated data analytics for organizations managing pharmacy benefits - announced the completion of a new investment round with HCAP Partners, a California-based private equity firm and nationally recognized impact investor.

Pozitivf: Fertility Clinic Network Closes $20 Million In Funding

By Amit Chowdhry ● Feb 26, 2024

Pozitivf - a rapidly expanding fertility clinic network making industry-leading fertility treatment more accessible to all - announced that it raised $20 million in growth funding. MonCap led the funding round.

dub: Copy-Trading Platform Company Secures $17 Million

By Amit Chowdhry ● Feb 26, 2024

dub - the first copy-trading platform in the U.S. -announced a $17 million funding round from a group of venture capital firms and individual investors including the CEO of Uber and Co-founder of Robinhood. And dub enables everyday investors to replicate the portfolios of emerging investment managers, famed hedge funds, or elected officials with a single tap.

Elve: Millimeter Wave Amplifier Technology Company Raises $15 Million

By Amit Chowdhry ● Feb 26, 2024

Elve - a leader in innovative millimeter wave amplifier technology - has announced the successful completion of a Series A round of $15 million from a selected group of investors, including TomEnterprise Private AB, Green Sands Equity, Yu Galaxy, Cambium Capital, and Lockheed Martin Ventures.

Crisp: Collaborative Commerce Company Raises $50 Million

By Amit Chowdhry ● Feb 26, 2024

Crisp announced it has raised $50 million in new capital through a $20 million Series B extension round and up to $30 million in debt financing. The company’s existing investors, including Blue Cloud Ventures, FirstMark Capital, Spring Capital, and 3L, participated in the equity round. TriplePoint Capital provided debt for refinancing existing senior debt, fund operating activities, and continued acquisitions.

Carewell: $24.7 Million Secured To Provide Family Caregivers With Tools For Taking Care Of Loved Ones

By Amit Chowdhry ● Feb 26, 2024

Carewell - an online retailer focused on providing family caregivers with tools and resources to care for their loved ones - announced a $24.7 million Series B capital raise to accelerate further its mission of streamlining access to home health products. This funding round was led by the principals of MBF Healthcare, with participation from existing investors Sageview Capital and Headline, among others. And the company has made several senior-level hires amidst plans to relocate its headquarters to Miami.

Zūm Rails: $10.5 Million Raised To Combine Open Banking And Instant Payments Capabilities

By Amit Chowdhry ● Feb 26, 2024

Zūm Rails - an all-in-one payments gateway that merges open banking with instant payments - announced the closing of a C$10.5 million Series A funding round. This funding round was led by Arthur Ventures - a Minneapolis-based growth equity firm specializing in B2B software.

Helius: $9.5 Million Raised To Help Crypto Applications Build Better On Solana

By Amit Chowdhry ● Feb 26, 2024

Helius - a vertically integrated developer platform that helps high-performance crypto applications build better, cheaper, and faster on Solana - announced its $9.5 million Series A round closing. These are the details.

Gigamon Raises Significant Strategic Investment From Siris

By Amit Chowdhry ● Feb 26, 2024

Gigamon - a leading deep observability company that helps organizations to effectively secure and manage hybrid cloud infrastructure - announced the completion of a significant strategic investment from Siris, a leading private equity firm focused on investing and driving value creation in technology companies.

Finpilot: $4 Million Raised For Building Finance Specific AI Models

By Amit Chowdhry ● Feb 26, 2024

Finpilot announced $4 million in seed financing led by Madrona with participation from Ascend.vc and angels from leading hedge funds. And Finpilot is applying AI to the challenging task of extracting knowledge out of unstructured financial data, such as the data found in SEC documents, call transcripts, research reports, and private financial documents.

b.well Connected Health Raises $40 Million In Round Led By Leavitt

By Amit Chowdhry ● Feb 26, 2024

b.well Connected Health - a company powering platform-enabled healthcare ecosystems - announced the closing of a $40 million Series C growth round led by Leavitt Equity Partners. Andrew Clark, Managing Partner at Leavitt Equity Partners joins the b.well board of directors.

Reveleer: $65 Million Raised To Advance Sustainable Value-Based Care For Health Plans And Risk-Bearing Providers

By Amit Chowdhry ● Feb 26, 2024

Reveleer - a leading AI-powered healthcare technology data and analytics company committed to advancing sustainable value-based care for health plans and risk-bearing providers - announced it has raised over $65 million in new capital in a financing round led by Hercules Capital.

Rimkus Raises Funding From HGGC

By Amit Chowdhry ● Feb 26, 2024

Rimkus Consulting Group - a worldwide leader in engineering and technical consulting - recently announced that the firm has received a strategic growth investment from HGGC, a leading middle-market investment firm. And existing minority investor Century Equity Partners and the Rimkus management team will be rolling significant equity into the transaction. The financial details of the deal were not disclosed.

Applied Ventures Investing In VVDN Technologies: Details

By Amit Chowdhry ● Feb 25, 2024

Applied Ventures (the venture capital arm of Applied Materials) announced a growth equity investment in VVDN Technologies, one of the leading India-based electronics product design, software, and manufacturing companies. This strategic growth funding from Applied Ventures will enable VVDN to expand the R&D of next-generation semiconductor technologies and electronic products and solutions.

unybrands Raises Series B Funding Round To Scale E-Commerce Businesses

By Amit Chowdhry ● Feb 25, 2024

unybrands, an integrated platform built to scale e-commerce businesses on and off Amazon, recently announced that it closed its largest acquisition to date in an all-cash deal.

Blackbird Health: Neuroscience-Led Youth Mental Health Provider Company Raises $17 Million

By Amit Chowdhry ● Feb 25, 2024

Blackbird Health - a neuroscience-led and technology-backed youth mental health provider - announced it raised $17 million in series A funding. And the funding round was led by Define Ventures and included participation from Frist Cressey Ventures and GreyMatter. Blackbird has raised nearly $23 million to date.

Varana Capital Announces First Close Of Chai10x Fund

By Amit Chowdhry ● Feb 25, 2024

Varana Capital - an asset management platform specializing in venture capital, private equity, and public markets - announced the successful first close of its Chai 10x Fund. With over $20 million secured and over $10 million of additional commitments, this marks the largest first closing for emergency Israel funds to date.

CLARA Analytics Raises Funding From Nationwide Ventures

By Amit Chowdhry ● Feb 25, 2024

CLARA Analytics and Nationwide are deepening their current partnership as CLARA received an investment from Nationwide Ventures, the investment arm of the insurance and financial services company. And Nationwide’s investment comes from its $350 million investment fund. CLARA raised $64 million, including its recently announced Series C.

Abridge: Clinical Documentation AI Leader Raises $150 Million

By Amit Chowdhry ● Feb 25, 2024

Abridge - a leader in generative AI for clinical documentation - announced an additional $150 million investment, utilizing momentum from their product’s rapid uptake among health systems nationwide. This funding round comes just fourth months after their $30 million Series B, and is one of the largest funding rounds made to date in generative AI for healthcare.

Orkes: $20 Million Raised To Scale Distributed Systems

By Amit Chowdhry ● Feb 24, 2024

Orkes - a company with a platform that offers the fastest way to scale distributed systems - announced it has raised $20 million in new funding. Nexus Venture Partners led this latest funding round with participation from existing investors Battery Ventures and Vertex Ventures US. And Nexus Managing Director Abhishek Sharma led his firm’s investment and will be joining the board.

Conservation Labs Raises $7.5 Million To Decode Audio Data Into Actionable Insights For Reducing Carbon Emissions

By Amit Chowdhry ● Feb 24, 2024

Conservation Labs - an artificial intelligence (AI) company that developed a groundbreaking platform that decodes audio data into actionable insights in the built environment to reduce carbon emissions and energy and water usage - announced that it had raised a $7.5 million Series A funding round. This funding round was led by RET Ventures’ Housing Impact Fund and included the participation of Sustain VC.

Insamo Raises $12 Million To Pioneer The Discovery Of Membrane-Permeable And Orally Available Cyclic-Peptides

By Amit Chowdhry ● Feb 24, 2024

Insamo - a biotechnology company pioneering the discovery of membrane-permeable and orally available cyclic peptides - announced $12 million in seed capital from Playground Global, venBio, and MRL Ventures Fund (MRLV). Sahsen Ventures, BEVC, Civilization Ventures, and Axial Ventures also participated in the recent financing.