Startups

CYRISMA: Leading Risk Management Platform Raises $7 Million (Series A)

By Amit Chowdhry ● Oct 14, 2024

CYRISMA, an all-in-one risk management platform, announced a Series A funding round. Led by Blueprint Equity, with participation from SaaS Venture and Golden Ventures, the funding will accelerate CYRISMA's platform development, fuel customer success, and expand sales and marketing initiatives.

MeWe: Privacy-First Social Media Company Secures $6 Million (Series B)

By Amit Chowdhry ● Oct 14, 2024

MeWe, a privacy-first social media network, announced it is launching a growth agenda to accelerate its efforts to bring Web3 to its 20+ million users. The opening of the Series B round, which McCourt Global led, will accelerate MeWe's growth and open doors for further innovation within MeWe, including the further development of new technologies such as AI integration, the launch of new Web3 product features, strategic user acquisition through targeted marketing efforts, and the rollout of a native token to enhance user growth, platform engagement, and platform utility.

OpenGradient: Decentralized AI Infrastructure Company Raises $8.5 Million (Seed)

By Amit Chowdhry ● Oct 14, 2024

Decentralized AI infrastructure company OpenGradient announced it raised $8.5 million in seed funding. To accelerate open-source AI, OpenGradient democratizes model ownership, streamlines AI deployment, and enables universal access to AI.

ApertureData: $8.25 Million (Seed) Raised To Simplify Complexities Of Multimodal Data

By Amit Chowdhry ● Oct 14, 2024

ApertureData announced it closed an oversubscribed seed round at $8.25M for a purpose-built database for multimodal AI. This funding round was led by TQ Ventures and participated in by Westwave Capital, Interwoven Ventures, and a group of high-caliber angel investors. Existing investors also reaffirmed their commitment to ApertureData's vision.

Pursuit Aerospace Completes Strategic Acquisitions Of Prescott Precision Die And Merc Aerospace

By Amit Chowdhry ● Oct 14, 2024

Pursuit Aerospace - a global manufacturer of complex aircraft engine components - announced it has completed the strategic acquisitions of both Prescott Precision Die and Merc Aerospace.

Scope3: Collaborative Sustainability Platform Company Raises $25 Million

By Amit Chowdhry ● Oct 14, 2024

Scope3, a collaborative sustainability platform decarbonizing media and advertising, announced the closing of $25 million in a strategic funding round led by GV. The funding round included participation from existing investors Venrock, Room40 Ventures, and Craft Ventures, and from new investors Aperiam Ventures and Virgo Strategic Investments.

RadiantGraph: $11 Million (Series A) Raised For Expanding AI-Based Personalized Engagement For Health Plans

By Amit Chowdhry ● Oct 14, 2024

RadiantGraph, a platform using AI to drive consumer engagement for healthcare, announced that it has raised an $11 million Series A funding round, led by M13, with meaningful participation from XYZ Ventures and True Ventures. The funding will be used to continue the expansion of the company’s platform capabilities and drive scalable growth and savings within health plans and health service organizations. The company’s seed round included Glen Tullman (CEO, Transcarent), Lee Shapiro (CFO, Livongo), Mohsin Hussien (CTO, Liveramp), Yusuf Sherwani (CEO, Pelago Health), and Chethan Bachireddy (Chief Health Officer, Harris Health).

Quartr: Public Market Research Company Raises $6 Million

By Amit Chowdhry ● Oct 14, 2024

Quartr, a software and data provider transforming qualitative public market research for finance and investor relations (IR) professionals, announced the closing of a $6 million investment from Altos Ventures.

SuiteSpot: Multifamily Centralization Platform Closes Series A Funding Round

By Amit Chowdhry ● Oct 14, 2024

SuiteSpot, a multifamily centralization software, announced the closing of its Series A financing round. The round was led by leading real estate technology venture capital firm RET Ventures, with additional participation from UDR, a leading multifamily REIT.

Truthset: Data Validation-As-A-Service Offering Raises $5 Million (Series A)

By Amit Chowdhry ● Oct 14, 2024

Truthset, a leading data validation-as-a-service offering, announced it secured $5 million in Series A funding to accelerate its next phase of growth and adoption with the advertising industry. Data Point Capital led the round with participation from more than 20 industry insiders.

Beam Benefits: $40 Million In Growth Capital From Trinity Capital

By Amit Chowdhry ● Oct 14, 2024

Trinity Capital - a leading provider of diversified financial solutions to growth-oriented companies - announced the commitment of $40 million in growth capital to Beam Benefits, a digitally native employee benefits company.

Surfin: Fintech Platform For Underserved Markets Raises $12.5 Million

By Amit Chowdhry ● Oct 14, 2024

Surfin, a financial technology platform dedicated to serving the underserved middle class, announced it has raised $12.5 million from Insignia Ventures Partners. This funding round comes as Surfin announces its service to 60 million individuals across eight countries on three continents, with about $2.7 billion in cumulative transactions.

Case Status: $19.7 Million (Series B) Raised For Transforming Legal Client Engagement

By Amit Chowdhry ● Oct 14, 2024

Case Status, a leading AI-based client engagement platform for law firms, announced the closing of its Series B funding round at $19.7 million led by Grayhawk Capital and Topmark Partners. This funding round also includes BIP Ventures, Front Porch Ventures, and more. Case Status was launched in 2018 by Attorney Lauren Gulley and tech entrepreneur Andy Seavers.

Chartbeat Raises Strategic Growth Funding From Bain Capital

By Amit Chowdhry ● Oct 13, 2024

Chartbeat, a leading media software platform and a portfolio company of Cuadrilla Capital announced that it has received a strategic growth investment from Bain Capital's Private Credit Group. And Bain Capital will join Cuadrilla as an institutional investor in Chartbeat.

Qantev: AI-Based Health And Life Insurance Platform Company Raises $33 Million

By Amit Chowdhry ● Oct 13, 2024

Qantev – which is one the most advanced AI-based platform transforming how health and life insurers manage claims, reduce costs and improve services – announced it has raised $33 million in a new funding round led by Blossom Capital, with participation from existing investors Elaia, Omnes and Raise Venture.

Booster Therapeutics: $15 Million Raised To Develop New Class Of Proteasome Activator Medicines

By Amit Chowdhry ● Oct 13, 2024

Booster Therapeutics, a biotechnology company pioneering a new class of proteasome activator medicines to treat neurodegenerative and other diseases, launched with the support of a $15 million funding led by noted life sciences investors Apollo Health Ventures and Novo Holdings. And Booster was founded by Dr. Diogo Feleciano, Prof. Dr. Darci Trader, and Apollo Health Ventures, emerging from Apollo's company creation investment strategy.

Eleanor Health: $30 Million (Series D) Raised For Transforming Delivery Of Substance Disorder Care

By Amit Chowdhry ● Oct 13, 2024

Eleanor Health - an outpatient addiction treatment provider working to transform the quality, delivery and accessibility of substance use disorder care - announced it raised a $30 million Series D funding round led by General Catalyst, with participation from existing and new investors, including Town Hall Ventures, Echo Health Ventures, Northpond Ventures, Rethink Impact and Emerson Collective.

BrightNight: $440 Million Strategic Investment Raised From Goldman Sachs And Credit Facility Upsized To $400 Million

By Amit Chowdhry ● Oct 13, 2024

BrightNight, a next-generation renewable power producer focused on delivering clean and dispatchable power solutions, announced the successful closing of a $440 million strategic equity investment from Goldman Sachs Alternatives.

Airspan: $85.4 Million In New Equity Financing Completed

By Amit Chowdhry ● Oct 11, 2024

Airspan Networks - a provider of disruptive software and hardware for 5G networks and a pioneer in end-to-end Open RAN, private network and air-to-ground connectivity solutions - announced that it has completed its financial and strategic transition – including new equity ownership.

Pinpoint Predictive Raises Series A Funding Round, Bringing Total Raised To Over $23 Million

By Amit Chowdhry ● Oct 11, 2024

Pinpoint Predictive, a leading risk assessment platform for P&C Insurers, announced it closed a highly anticipated Series A funding round led by prominent Insurtech VC Markd along with esteemed investors Jazz Venture Partners, Guidewire Ventures, Verstra Ventures, Navigate Ventures and Seraph Group bringing the total capital raised by Pinpoint to over $23 million.

Hometap: $278 Million Securitization Of Originated Home Equity Investments Closed

By Amit Chowdhry ● Oct 11, 2024

Hometap, a Boston-based financial technology company pioneering debt-free home equity financing for American homeowners, announced the closing of HTAP 2024-2, a $278 million securitization backed by Hometap-originated home equity investments. This is the second securitization of Hometap-originated home equity investments this year, following closely on the heels of HTAP 2024-1, the oversubscribed debut of Hometap’s proprietary securitization platform.

Josys: SaaS Management Platform Company Raises $100 Million In Venture Debt

By Amit Chowdhry ● Oct 11, 2024

Josys, a SaaS Management platform that simplifies how IT works, announced it has successfully secured $100 million in venture debt. This latest funding - combined with the $125 million Josys has previously raised - gives the company the strongest financial backing of any SaaS Management company in the world.

Sonair: 3D Ultrasonic Sensor Technology Raises $6.8 Million

By Amit Chowdhry ● Oct 11, 2024

Norwegian company Sonair - a company that is launching a groundbreaking sensor that uses ultrasound in the air to give robots safe spatial awareness in 3D- announced it raised a total of $6.8 million with Skyfall Ventures leading the latest $1.6 million round. RunwayFBU, another early-stage VC fund, also contributed to the round.

Singulate: GenAI Marketing Platform Company Raises $2.3 Million (Pre-Seed)

By Amit Chowdhry ● Oct 11, 2024

Singulate, a generative AI marketing platform, announced it raised a $2.3 million pre-seed round of funding from angel investors and venture capital firms. The company sees the next era of email marketing using generative AI and LLMs to unlock far easier segmentation and better personalization in large-scale communication, beginning with email marketing.

Synergi: €2 Million (Seed) Raised To Accelerate Transition Toward Sustainable Energy

By Amit Chowdhry ● Oct 11, 2024

Synergi, a Finnish tech company that is accelerating the transition toward sustainable energy sources with smart and flexible software for consumers and utilities, announced the completion of its €2 million seed funding round. Greencode Ventures led the round, while Vaens joined as a new follower. And existing investors Lifeline Ventures, APX (the first-cheque investor of Porsche and Axel Springer), and Wave Ventures also participated in the round.

AcreShield: Over $2.5 Million (Series A) Raised To Help Farmers With Optimizing Yields Using AI

By Amit Chowdhry ● Oct 11, 2024

Yield Optimizer developer AcreShield completed a Series A funding of over $2.5 million. Yield Optimizer is known as the first commercially accepted proven AI seed selection program for yield prediction that uses independent seed performance data and provides farmers with guaranteed ROI performance. The board of directors authorized Series A for an additional $2 million.

HUMAN: Cybersecurity Company Raises $50+ Million (Growth Capital)

By Amit Chowdhry ● Oct 10, 2024

HUMAN Security - a leading cybersecurity company committed to safeguarding every step of the customer’s online journey by defending against bots, fraud, and digital risk - announced $50+ million in growth capital led by WestCap with additional investment from Goldman Sachs, ClearSky, NightDragon, and Vertex Ventures US to support its mission in protecting the integrity of the digital world by ensuring every online interaction, transaction, and connection is authentic, secure, and human.

Windmill: $5 Million (Series A) Raised To Develop High-Performance Air Purifier

By Amit Chowdhry ● Oct 10, 2024

Windmill, a high-performance air care brand best known for modernizing the window air conditioner, announced the launch of its latest innovation: The Windmill Air Purifier. Built to elevate the rapidly growing air purifier category, this first-of-its-kind product combines sophisticated technology with contemporary, minimalist design, setting a new standard for indoor air care. And Windmill also announced the closing of a $5 million Series A funding round, backed by YETI CapitaI1, Pentland Ventures, Dot Capital, SuperAngel.Fund, and various other investors.

Asaas: Brazil-Based Financial Technology Company Secures R$820 Million (Series C)

By Amit Chowdhry ● Oct 10, 2024

Asaas, a financial technology company specializing in developing financial automation solutions for SMEs, announced it raised a R$820 million Series C round led by BOND, with participation from Softbank, 23S Capital, and Endeavor Catalyst.

Zeal: Modern Payroll Platform Company Raises $15 Million (Series B)

By Amit Chowdhry ● Oct 10, 2024

Zeal, a modern payroll platform designed for powering the workforce of today and tomorrow, announces the closing of a $15 million Series B funding round. This latest funding round, which Portage led with continued support from existing investors Spark Capital and Commerce Ventures, marks a major milestone in Zeal’s mission to redefine payroll for innovative staffing companies, gig-work platforms, and HR service providers, including industry leaders like Wonolo, Qwick, Lawtrades, Band of Hands, and WorkGenius.