Venture Capital

HarmonyCares: $200 Million Raised For Advancing In-Home Primary Care Access

By Amit Chowdhry ● Jul 11, 2024

HarmonyCares, a leading provider of value-based in-home longitudinal care, announced that it has raised $200 million of capital to bring its integrated, physician-led in-home care model to more vulnerable patients nationwide.

Niva: Business Identity Platform Company Raises Over $3.3 Million

By Amit Chowdhry ● Jul 11, 2024

Global business identity platform company Niva has officially launched and the company introduced an AI-based solution built to overcome the challenges of establishing trust in businesses internationally. With renowned customers and over $3.3 million in funding led by Gradient Ventures (Google’s AI-focused venture fund) along with participation from Picus Capital, Canary, Gilgamesh Ventures, and key executives from Chime, Deel, Enigma, and Faire, Niva is prepared to transform the complex landscape of global commerce.

K Health: AI Primary Care Platform Company Raises $50 Million

By Amit Chowdhry ● Jul 11, 2024

K Health, a leading AI Primary Care platform, announced that it has raised $50 million in funding led by Claure Group, with participation from investors including Pablo Legorreta (founder and CEO of Royalty Pharma), and existing investors Mangrove Capital Partners, Valor Equity Partners, and Atreides Management, LP.

American Discovery Capital: Fund II Closed At $190 Million

By Amit Chowdhry ● Jul 11, 2024

American Discovery Capital (ADC), a leading merchant bank focused on founder-led and family-owned companies operating in the lower middle market, announced the final closing of American Discovery Fund II (ADF II) at $190 million. This represents more than a threefold increase over ADC's first fund, American Discovery Fund I (ADF I).

Togetherwork: Member-Based Organization Payment Platform Company Raises Funding

By Amit Chowdhry ● Jul 11, 2024

Togetherwork, a leading provider of integrated software and payment solutions to groups and organizations, announced that Park Square Capital has made a significant minority investment in the company, joining GI Partners as investors.

New Mountain Capital: $15.4 Billion Closed For Fund VII

By Amit Chowdhry ● Jul 11, 2024

New Mountain Capital, a leading growth-oriented alternative investment firm based in New York, announced the $15.4 billion closing of its seventh control/control-oriented fund, New Mountain Partners VII, L.P. and its related vehicles (Fund VII). And New Mountain describes itself as a business that builds businesses and has generated over $85 billion of enterprise value gains in its private equity companies since the firm’s inception, without one PE bankruptcy or missed interest payment.

Tembo: Postgres Managed Service Company Raises $14 Million

By Amit Chowdhry ● Jul 11, 2024

Tembo, a Postgres managed service, announced the successful closure of a $14 million Series A funding round. And GreatPoint Ventures led the investment with participation from Venrock, Grand Ventures, Wireframe Ventures, Defined Capital, and Cintrifuse Capital, along with prominent angels.

Iron Path Capital: Fund I Surpasses Target At $273 Million

By Amit Chowdhry ● Jul 11, 2024

Iron Path Capital (IPC), an operationally focused private equity firm investing in the specialty industrials and healthcare sectors, announced the final closing of Iron Path Capital Fund I, exceeding the $250 million target with total commitments of $273 million.

Granza Bio: Therapeutic Delivery Platform Company Closes Over $7 Million In Seed Funding

By Amit Chowdhry ● Jul 11, 2024

Therapeutic delivery platform company Granza Bio announced the closing of its oversubscribed $7.14 million Seed led by Felicis and Refactor, along with Y Combinator and notable angel investors. The funding round also includes participation from other investors, including Metaplanet, Zeno Ventures, Ritual Capital, Pioneer Fund, Oxford Angel Fund, and North South Ventures. Notable angels joined the round including Richard Aberman (former YC Visiting Group Partner), JJ Fliegelman (former YC Visiting Group Partner), Eric Migicovsky (former YC Group Partner), Eric Eldon (former editor of TechCrunch), Eli Brown (founder of Guilded), Eoghan Mccabe (founder of Intercom), Benjamin Bryant (co-founder of Earbits), Yotam Rosenbaum (co-founder of Earbits), Will Olsen (co-founder of Engage Bio) and Joel Meyer.

QED Protocol: Native Bitcoin Execution Layer Company Raises $6 Million

By Amit Chowdhry ● Jul 11, 2024

QED Protocol, the first zk-native execution layer for powering the Web3 ecosystem emerging on Bitcoin, announced that it has raised $6 million in a funding round led by Blockchain Capital. This new funding round furthers supports QED’s mission of utilizing its novel technology to unlock unparalleled performance for smart contracts, layer-two solutions, and various Web3 applications.

HR Path Closes €500 Million In Funding

By Amit Chowdhry ● Jul 11, 2024

HR Path, a leader in HR consulting, announced a record €500 million fundraising from Ardian, a private investment house. This fundraising, which is the largest in the company's history, marks a significant milestone in HR Path's success story. This funding will play a major role in driving the next phase of HR Path's growth and international expansion in the United States, Canada, Germany, the Nordic countries, and Australia.