Autogon AI - a no-code AI orchestration platform - announced it had received backing from Fast Forward Venture Studio. And Autogon’s model enables any business – regardless of size – to conveniently harness the power of AI.
GTCR (a leading private equity firm) announced today its management partnership with Kelly McCrann, Avryo Health Services has completed a strategic investment in 7to7 Dental in partnership with Justin Coke, Chief Executive Officer, and Tiffany Winburn, DMD, Chief Clinical Officer, who retained substantial ownership in the company. Kelly McCrann has joined 7to7 as Executive Chairman alongside the existing management team, who will continue their current roles.
Nordic Capital announced it has acquired a majority stake in ActiveViam to support its next phase of growth. This investment is made in partnership with ActiveViam's founders and management who will invest alongside Nordic Capital.
Looq AI has secured $2.6 million in a preferred series of seed funding led by BootstrapLabs, a venture capital firm focused on applied artificial intelligence, with the participation of Longley Capital and Spatial Capital. Looq AI has raised $3.75 million to date in connection with its initial pre-seed round.
Coverdash - one of the fastest-growing startups and SMB-focused insurtech companies - announced $13.5 million in Series A funding. This funding round comes within one calendar year of Coverdash’s oversubscribed Seed round, bringing the company’s total funding to $16 million.
The University of Southern California and Techstars will work together on accelerating opportunities for USC-affiliated entrepreneurs, including students, faculty and alumni. And USC will spark new startups and innovation under a new collaboration with Techstars, a leading pre-seed investor.
Gradial has announced $5.4 million seed funding led by Madrona with participation from General Advance, Outsiders Fund, and Space Capital. And Gradial is building AI solutions to help marketing teams deliver better digital experiences and enable more time and resources for creative strategy.
Blue Heron Capital (an early-stage growth equity firm) has announced its investment in Redi Health, a digital health innovator poised to transform patient support services. And this strategic investment is core to Blue Heron's philosophy of identifying and supporting companies that not only show potential for growth but also address pressing needs within healthcare and technology sectors experiencing meaningful transformation.
Ocean Avenue Capital Partners (a private equity fund manager founded in late 2010 focusing on lower middle market and special situations investment opportunities sourced through independent sponsors) has held the final closing of Ocean Avenue Fund V, L.P. (Fund V). And Fund V was oversubscribed and closed at its hard cap of $600 million in limited partner capital commitments.
Range Energy - a hardware company bringing electric-powered trailers to the commercial trucking market - announced $23.5 million in new funding led by Phillip Sarofim’s Trousdale Ventures, with participation from UP.Partners, R7, and Yamaha Motor Ventures. And Range will use this fresh capital to accelerate its work on customer pilot programs in parallel with advancing towards full-scale production of its electric-powered trailers, essential to decarbonizing commercial fleets under pressure to meet emerging emissions reduction targets.
CIBC Innovation Banking announced that it has provided growth financing to Drips Holdings. This Akron, Ohio-based conversational outreach company helps organizations orchestrate large-scale 1:1 conversations precisely at critical moments in the customer journey. And Drips plans to utilize the financing to bolster product development and facilitate expansion into diverse industry verticals within U.S. markets.
BlueBean - an all-in-one procure-to-pay solution - announced its launch with $1.3 million in capital. Tola Capital led this funding round, and partner Aaron Fleishman joined as a board member. Created in 2023 by procurement expert and former Coupa Software VP Fabrice Saporito, BlueBean helps businesses manage expenses.
Pelage Pharmaceuticals - a clinical-stage regenerative medicine company pioneering a new generation of treatments for hair loss - announced that the company has closed a $16.75 million Series A financing led by GV with participation from Main Street Advisors, Visionary Ventures, and YK BioVentures to advance a first-in-class treatment for androgenetic alopecia or pattern baldness, and other types of alopecia including chemotherapy-induced hair loss.
Exodigo - an AI-based innovator modernizing underground mapping - announced the closing of a $105 million Series A round, converting $30 million previously secured in SAFEs, for a total of $118 million in funding since launching in 2022.
Photoroom - a rapidly growing AI photo editor - announced it has successfully closed a $43 million Series B funding round. The funding round - which was led by previous investor Balderton Capital and new investor Aglaé with YCombinator participating, brings Photoroom's total funding to $64 million.
Axiom Cloud announced closing $5 million in funding from Toshiba Tec and Windsail Capital Group. This funding round aims to accelerate the deployment of the company's AI-powered "Early Leak Detection" (ELD) module, which detects refrigerant leaks earlier without requiring any new onsite hardware or sensors. Axiom Cloud's technology and services will be especially vital as facilities move to comply with recently announced EPA regulations outlined in the American Innovation and Manufacturing (AIM) Act, which restrict commercial emissions of Hydrofluorocarbons (HFCs) through refrigerant leaks and other sources.
Lapse - a friends-focused photo-sharing app inspired by the experience of disposable cameras - announced it has closed an oversubscribed $30 million Series A round. The funding - which was co-led by Greylock and DST Global Partners, preeminent investors in the Internet technology sector, existing investors GV (Google Ventures), Octopus Ventures, and Speedinvest returned to participate alongside high-profile angel investors Naveen Gavini (former Chief Product Officer at Pinterest), Soleio (designer and investor), Nima Khajehnouri (former VP of Engineering at Snap), and Praveen Murugesan (former Director of Engineering at Uber).
HALO - a leading subscription-based bodycam and cloud-based digital asset management platform - announced it closed a $20 million Series A funding round from Boston-based growth equity firm Volition Capital. This investment follows rapid company growth fueled by demand for HALO's all-in-one subscription technology that protects people and safeguards businesses.
World View - a leader in stratospheric exploration and flight - announced the successful opening and initial funding of a Series D round. The funding round was led by SNC, a renowned leader in innovative technology solutions and open architecture integrations within the aerospace and national security sectors.
Roshal Health - a new leader providing hospital grade, on-site, and on-demand ultrasound and echocardiogram services to ERs, micro-hospitals, rural hospitals, and hospital offsite facilities - announced that it secured $10 million in financing. This structured equity funding was led by Catalio Capital Management, a leading multi-strategy healthcare and life science investment firm, with participation from Green Street Impact Partners.
Glean - an AI-powered work assistant making waves among CIOs under pressure to quickly and securely deploy generative AI in the enterprise – announced it has raised over $200 million in Series D funding at a $2.2 billion valuation.
SimpleClosure - a company that offers easier ways to shut down a business - announced it has raised $4 million in seed funding just months after the company’s pre-seed round. This funding round was led by Infinity Ventures, with strong participation from Anthemis Group, Foxe Capital and existing investors. And a variety of new angel investors joined the round, including executives from leading software companies like Deel and Intuit, and partners at top venture firms.
Intenseye – a leader in AI-powered workplace safety solutions – announced it secured $64 million in series B funding led by new investor Lightspeed Venture Partners with participation from existing investors Insight Partners, Point Nine, and Air Street Capital. And this latest funding round is the industry's largest ever.
Myko – a conversational AI for sales and revenue team data - announced it has secured $2.7 million in seed capital from Khosla Ventures to reach new customers and expand its offerings. This funding round also included participation from Zero Knowledge Ventures, DayDream Ventures, the AngelList Early-Stage Quant Fund, and others.
Ontario Teachers’ Pension Plan Board (a leading global institutional investor) and Nordic Capital (one of the most active and experienced investors in healthcare) globally agreed to jointly invest in Advanz Pharma, a global pharmaceutical company, to support Advanz’s development and further fuel its strong growth potential in the years to come.
LongueVue Capital (LVC) - a New Orleans-based private equity firm – has announced an investment in Kingston Brass, a leading designer and distributor of kitchen and bathroom fixtures, bathtubs, and accessories.
Astara Capital Partners - a middle-market private equity firm, announced today that an affiliate of Astara Capital Fund I, L.P. – announced it made an investment in Ally Building Solutions. Launched in 2013 by Steve Spade and headquartered in Orlando, Florida, Ally is a leading provider and installer of interior finishes, including flooring, cabinets, countertops, appliances, and specialty products for the residential home market.
The TCW Group - a leading global asset management company - announced that it has closed a $400 million Collateralized Loan Obligation (CLO) fund, TCW CLO 2024-1, Ltd. - secured primarily by broadly syndicated first-lien loans.
BNP Paribas and Citi have become the first institutional investors in United Fintech Group Limited, a neutral Digital Transformation Platform, as part of a strategic investment round led by Citi. And United Fintech is also in advanced talks with other leading strategic investors to join its transformative journey, signalling a broad industry shift towards collaborative fintech innovation.