Startups

Theom: $20 Million Series A Raised For Transforming Data Governance And Security

By Amit Chowdhry ● May 15, 2025

Theom, an AI-native Data Operations Center (DOC) platform that automates AI and data governance and security, announced it has raised $20 million in Series A funding. Wing VC led the round, which also included Sentinel One, Snowflake, and Databricks.

Olio: $11 Million B Round Raised For Streamlining Care Coordination Platform

By Amit Chowdhry ● May 15, 2025

Olio, a leading software platform streamlining care coordination, announced the closing of an $11 million Series B funding round. The funding round was led by Fulcrum Equity Partners with participation from Mutual Capital Partners (MCP).

Arkestro: $36 Million Raised For Predictive Procurement Platform

By Amit Chowdhry ● May 15, 2025

Arkestro, a premier Predictive Procurement Platform accelerating enterprise spend transformation, announced a strategic investment totaling $36 million. The funding was led by Altira Group and Aramco Ventures, with participation from existing investors NEA, KDT, and Activant.

Persona AI: $27 Million Raised For Embodied AI Platform

By Amit Chowdhry ● May 15, 2025

Persona AI, a leader in embodied artificial intelligence, today announced it has closed its oversubscribed pre-seed funding round, raising $27 million. The funding round was co-led by Unity Growth and Tides Ventures, with participation from Mirae Asset Group, Invicta Growth, Fathom Fund, Embedded Ventures, Wave Function Ventures, Zero Infinity Partners, dConstruct Technologies, Goose Capital, SGH, Sound Media Ventures, Kalea Ventures, K50 Ventures, Cofounder Ventures, Tola Capital, SGA Capital, and Olive Hill Ventures, and K2 Global.

Cohere Health: $90 Million C Round Closed For Clinical Intelligence Solutions

By Amit Chowdhry ● May 15, 2025

Cohere Health, a leader in clinical intelligence solutions for health plans and risk-bearing providers, announced it has raised $90 million in Series C funding. The funding round was led by Temasek, with continued support from Deerfield Management, Define Ventures, Flare Capital Partners, Longitude Capital, and Polaris Partners. This new investment brings Cohere's total funding to $200 million.

Nortian: $41 Million Raised At $100 Million Valuation For Producing Ultra-Pure Collagen

By Amit Chowdhry ● May 15, 2025

Nortian, a biotech company pioneering the production of ultra-pure collagen through a proprietary and vertically integrated process, announced it has raised $41 million in a funding round (one of the largest in the collagen space) to launch its U.S. manufacturing operations and accelerate commercialization. The funding round was led by AJ Hollander, one of the world's largest hide processors and traders. Hollander features unmatched scale and security in hide sourcing, processing over 10,000 hides daily across five U.S. facilities.

Addepar: $230 Million G Round Raised At $3.25 Billion Valuation To Advance Data Platform

By Amit Chowdhry ● May 15, 2025

Addepar, a global technology and data platform that investment professionals depend on to make the most informed, data-driven investment decisions, announced its $230 million Series G investment round closing. The funding round was co-led by Vitruvian Partners and returning investor WestCap, with additional participation from 8VC and Valor Equity Partners. Global investor EDBI, operating under SG Growth Capital—the investment platform of the Singapore Economic Development Board (EDB) and Enterprise Singapore, also joined this round as a new investor.

Openlayer: $14.5 Million Series A Raised For Helping Scale Enterprises

By Amit Chowdhry ● May 14, 2025

Openlayer - a unified platform for evaluation and governance of AI systems at the enterprise level - announced a $14.5 million Series A round, led by Race Capital with participation from NXTP, KPN Ventures, Mindset, Y Combinator, Quiet Capital, and Telefonica.

Reflect Orbital: $20 Million Series A Raised For Accelerating Satellite Constellation Technology

By Amit Chowdhry ● May 14, 2025

Reflect Orbital announced it has raised a $20 million Series A to accelerate development of its satellite constellation to deliver sunlight on demand. The funding round was led by Lux Capital, with participation from Sequoia Capital and Starship Ventures.

Granola: $43 Million Series B Raised For AI Workspace Platform

By Amit Chowdhry ● May 14, 2025

Granola, an AI-based notepad that combines your typed notes with AI transcriptions, announced the launch of Granola 2.0. And Granola identified that the most valuable information in companies isn't found in static documents or wikis, but in the daily conversations happening across teams.

FirmPilot: $11.7 Million In Total Funding Raised For Law Firm Focused AI Marketing Engine

By Amit Chowdhry ● May 14, 2025

FirmPilot, an AI marketing engine for law firms, announced that Thomson Reuters Ventures and HubSpot Ventures have joined as investors. These investors support the company's mission to help law firms generate more and higher-value clients with AI rather than rely on traditional, manual marketing tactics. This strategic funding increases FirmPilot's total funding to $11.7 million, following the company's Series A round in 2024 led by Blumberg Capital.

Saildrone: $60 Million Raised For Advancing Maritime Autonomy

By Amit Chowdhry ● May 14, 2025

Saildrone, a leader in maritime autonomy, announced the closing of a $60 million investment round led by EIFO, the Export and Investment Fund of Denmark.

Bestow: $120 Million Series D Raised For Insurance Technology Platform

By Amit Chowdhry ● May 14, 2025

Bestow, a leading insurance technology company, announced the closing of a $120 million oversubscribed Series D funding round, including primary and secondary investments. Growth Equity at Goldman Sachs Alternatives and Smith Point Capital co-led the funding round. Along with the equity financing, Bestow also secured a $50 million credit facility from TriplePoint Capital.

Denali Growth Partners: $400 Million Raised For Second Growth Equity Fund

By Amit Chowdhry ● May 14, 2025

Denali Growth Partners (DGP) announced the final closing of Denali Growth Partners Fund II at $400 million in total limited partner capital commitments. And Fund II exceeded its $350 million target, which was backed by strong demand from both existing and new investors.

Cart.com: $50 Million Raised At $1.6 Billion Valuation For Commerce Solutions

By Amit Chowdhry ● May 14, 2025

Cart.com, a leading unified commerce solutions provider, announced it has raised additional funding of $50 million and achieved a post-money valuation of $1.6 billion. This funding includes financing from funds and accounts managed by BlackRock and Neuberger Berman, new investors such as eGateway Capital, and other venture capital firms, strategic investors, and family offices. Since its founding, Cart.com has raised a total of $475 million.