Venture Capital

MD Ally: 911 Network Navigation Company Secures $14 Million (Series A)

By Amit Chowdhry ● Aug 17, 2024

MD Ally, a leader in 911 diversion, care, and navigation solutions, announced the completion of a $14 million Series A funding round. This brings the company’s total funding to $25 million.

Moximed: $91 Million (Series D) Closed To Improve Knee Osteoarthritis Care

By Amit Chowdhry ● Aug 17, 2024

Moximed, an innovative medical device company with a goal of improving the standard of care for people with knee osteoarthritis (OA), announced the closing on $61 million of Series D preferred stock financing with an option to close on up to an additional $30 million. This funding round was led by Elevage Medical Technologies (a Patient Square Capital platform), with participation from new investors Cormorant Asset Management and Warren Point Capital and existing investors New Enterprise Associates (NEA), Future Fund, Advent Life Sciences, Gilde Healthcare, Vertex Ventures HC, GBS Venture Partners, and Morgenthaler Ventures.

UptimeAI: AI-Based Plant Monitoring Company Raises $14 Million (Series A)

By Amit Chowdhry ● Aug 17, 2024

UptimeAI, an AI-based plant monitoring software platform for industrial businesses, announced it has raised $14 million in Series A funding to boost its North American operations. WestBridge Capital led the round, with participation from Emergent Ventures and Aditya Birla Ventures. This funding will accelerate UptimeAI's mission to revolutionize U.S. industrial plant monitoring and maintenance with advanced AI technology, following a stellar 400% growth last year.

Livly: Residential Management Platform Company Raises $10 Million

By Amit Chowdhry ● Aug 17, 2024

Livly (a leading provider of technology-driven residential management platforms) announced the completion of a third investment round. The $10 million in funding will support several new initiatives to increase net operating income for developers, property operators, and third-party property management companies.

Capitalize: 401(k) Management Company Raises $19 Million (Series B)

By Amit Chowdhry ● Aug 16, 2024

Capitalize, a platform that helps consumers and financial institutions digitally find and transfer retirement assets, today announced the closing of a $19 million Series B funding round led by RRE Ventures. The funding round included participation from existing Capitalize investors, including Canapi Ventures and Bling Capital, and new investors, including Industry Ventures.

Sling: Money Transfer Service Secures $15 Million (Series A)

By Amit Chowdhry ● Aug 16, 2024

Sling Money, an app built to make the global transfer of money easier and low-cost, announced a $15 million Series A round led by Union Square Ventures, Ribbit Capital, and Slow Ventures. Sling Money had previously raised a $5 million seed round led by Ribbit Capital with participation from Slow Ventures.

Chartis Raises Majority Investment From Blackstone

By Amit Chowdhry ● Aug 16, 2024

Chartis (a leading healthcare advisory firm) announced that it has entered into a definitive agreement to receive a majority investment from funds managed by Blackstone. This strategic investment will support the firm’s growth as a leading advisor to providers, payers, technology innovators, retail companies, and investors who are making positive and transformative changes within US healthcare. This investment also includes continued equity participation from Audax Private Equity.

Sahara AI: Decentralized Blockchain Platform Company Raises $43 Million

By Amit Chowdhry ● Aug 16, 2024

Sahara AI is a company focused on making AI open, equitable, and beneficial for everyone across all stages of the development cycle. The company recently raised $43 million to scale its operations. This funding was co-led by Binance Labs, Pantera Capital, and Polychain Capital, with participation from Samsung, Sequoia Capital, Matrix Partners, dao5, Geekcartel, Nomad Capital, SCB 10X, Canonical Capital, Mirana Ventures, Foresight Ventures, Dispersion Capital, Aegis Ventures, Alumni Ventures, and Tangent Ventures, and others.