Startups

NovoPayment: $20 Million Raised From Morgan Stanley Expansion Capital

By Amit Chowdhry ● Nov 18, 2024

The investment funds managed by Morgan Stanley Expansion Capital announced an investment of $20 million in NovoPayment, a leading financial and payment infrastructure service provider specializing in delivering digital banking, payments and card solutions. This funding round is expected to support NovoPayment’s continued scaling and expansion of commercial partnerships.

Prokeep: Customer Engagement Company Raises $25 Million (Series A)

By Amit Chowdhry ● Nov 18, 2024

Prokeep, a leading customer communication and engagement platform for distributors, announced that it has raised $25 million in a Series A funding round. The funding round was led by Dahlia Equity Partners with continued support from Ironspring Ventures, S3 Ventures, Benson Capital Partners, and others. This funding will enable Prokeep to accelerate its growth and expand its demand generation capabilities, which are designed for distributors.

Divi: Scalp And Hair Health Brand Raises Minority Investment From Norwest

By Amit Chowdhry ● Nov 18, 2024

Divi Scalp & Hair Health - an award-winning brand with clean and science-backed products founded by entrepreneur Dani Austin - announced it has secured a minority investment from Norwest. The funding will drive international expansion, domestic scale in key metro areas, and continue to deepen the brand's established relationships with key retailers, including Ulta Beauty, Ulta Beauty at Target, and Amazon.

Fastino: AI Model Provider Company Secures $7 Million (Pre-Seed)

By Amit Chowdhry ● Nov 18, 2024

Fastino, a new foundation AI model provider, launched recently to provide a family of task-optimized language models that are more accurate, faster, and safer than traditional LLMs. And the company also announced its $7 million pre-seed funding round led by global software investor Insight Partners and M12, Microsoft’s Venture Fund, with participation from NEA, CRV, Valor, Github CEO Thomas Dohmke, and others.

Revisto: $4 Million (Seed) Raised For Transforming Pharmaceutical Marketing Compliance

By Amit Chowdhry ● Nov 18, 2024

Revisto, an AI-based solution that streamlines the medical, legal, and regulatory (MLR) review process for pharmaceutical marketing materials, announced it has secured $4 million in seed funding. This funding round was led by LiveOak Ventures, with participation from Eli Lilly and Company, Tau Ventures, and Arkin Digital Health.

SwiftConnect: Digital Pass Company Raises $37 Million (Series B)

By Amit Chowdhry ● Nov 15, 2024

SwiftConnect announced the closing of a $37 million Series B funding round to expand its access network and connect people to the right place at the right time. The latest investment round is led by Quadri Ventures, with participation from new investors HID (part of ASSA ABLOY), Egis Capital Partners, and Klingenstein Fields Advisors. And returning investors include Crow Holdings, JLL Spark, Navitas Capital, Tanzola Corp., and Spring Rock Capital. With this round, SwiftConnect has raised $74 million in total funding.

Serenity: AI-Based EHS Software Solutions Company Raises $5.5 Million (Series A)

By Amit Chowdhry ● Nov 15, 2024

Serenity, a leader in AI-based Environmental, Health, and Safety (EHS) software solutions, announced the closing of a $5.5 million Series A funding round. This investment was led by Allegion Ventures, with follow-on participation from existing investor Base10 Partners.

Camouflet: AI-Based Dynamic Pricing Solutions Company Raises $3 Million (Seed)

By Amit Chowdhry ● Nov 14, 2024

Camouflet, a leader in AI-based dynamic pricing solutions, announced the closing of a $3 million seed funding round led by a group of private investors. This funding round will accelerate Camouflet’s mission to empower businesses with adaptive, data-driven pricing strategies.

BetHog: FanDuel Co-Founders Launch Cryptocurrency Sportsbook Company With $6 Million In Seed Funding

By Amit Chowdhry ● Nov 14, 2024

BetHog - a new cryptocurrency casino and sportsbook company - announced a public launch with $6 million in seed funding led by 6MV with participation from Will Ventures, Bullpen Capital, Karatage, Advancit Capital, and several angel investors such as Chris Grove, Partner Emeritus at Eilers & Krejcik, LLC and Josh Hannah, co-founder of Flutter Entertainment.

Akeyless: Strategic Investment Raised From Deutsche Bank

By Amit Chowdhry ● Nov 14, 2024

Akeyless - an innovator in the identity security market - announced a strategic investment from Deutsche Bank’s Corporate Venture Capital (CVC) group. The company - trusted by Fortune 100 companies and industry leaders - is transforming identity security for the modern enterprise, delivering the world’s first unified Secrets & Machine Identity platform designed to prevent the number one cause of breaches; and compromised identities and secrets.

Arketi Group Raises Funding From Pair Of Private Equity Firms

By Amit Chowdhry ● Nov 14, 2024

Arketi Group, a digital marketing and public relations agency for business-to-business (B2B) technology companies, announced that it has partnered with private equity firms Go Capital and Station Partners to lead a new B2B marketing and communications agency platform.