Venture Capital

Omega Systems Raises Funding From Revelstoke Capital

By Amit Chowdhry ● Jan 22, 2025

Revelstoke Capital Partners - a growth-oriented, healthcare-focused private equity firm - announced its strategic investment in Omega Systems. Omega, a provider of managed information technology and cybersecurity managed services, is the eighth investment from Revelstoke Capital Partners Fund III.

Teal: $7.5 Million (Series A) Closed For Expanding AI-Based Careers Platform

By Amit Chowdhry ● Jan 22, 2025

Teal, an AI-based career platform, announced it raised $7.5 million in Series A funding, bringing the company's total capital to $19 million. The new financing, co-led by CityLight Capital and Flybridge, with participation from Rethink Capital Partners and Lerer Hippeau, will support product development to expand the Teal platform and its portfolio of advanced AI capabilities to help navigate the challenging job landscape.

Baton: SMB Acquisitions Company Closes $10 Million (Series A)

By Amit Chowdhry ● Jan 22, 2025

Baton, a leading marketplace for small and medium-sized business acquisitions, announced a Series A funding round of $10 million, led by Obvious Ventures with participation from Burst Capital, FJ Labs, Fluent Ventures, and Spencer Rascoff (co-founder and former CEO of Zillow) via 75 & Sunny. And previous investors Divergent Capital, Bloomberg Beta, and Zeno Ventures also joined this round.

Vertice: Spend Optimization Company Raises $50 Million (Series C)

By Amit Chowdhry ● Jan 22, 2025

Spend optimization platform Vertice announced $50 million in Series C funding led by Lakestar. This funding has raised the total to over $100 million. And additional participants include Perpetual Growth and CF Private Equity, along with existing investors Bessemer Venture Partners and 83North.

Keystone Education: €100 Million Bond Raised For Driving Expansion

By Amit Chowdhry ● Jan 22, 2025

Keystone Education Group, a leader in student recruitment, announced it has completed a first four-year senior secured bond issue of €100 million, further fueling ongoing expansion and growth.

Belfry: $12 Million (Series A) Raised For Accelerating Growth

By Amit Chowdhry ● Jan 22, 2025

Belfry Software, a platform for physical security providers, announced it raised $12 million in a Series A funding round, bringing Belfry's total funding to $20 million. And the funding was led by Base10 Partners with continued support from existing investors Bienville Capital and Aglaé Ventures.

Lindus Health: $55 Million (Series B) Closed For Changing Clinical Trial Landscape

By Amit Chowdhry ● Jan 22, 2025

Lindus Health, which is the anti-CRO running faster and more reliable clinical trials, announced it raised $55 million in Series B funding. The funding round was led by new investor Balderton Capital, with support from Visionaries Club and existing investors Creandum, Firstminute, and Seedcamp.

Databricks: $15 Billion (Series J) Raised At $62 Billion Valuation For Expansion

By Amit Chowdhry ● Jan 22, 2025

Data and AI company Databricks announced the final closing of its Series J funding. Existing investor QIA, the sovereign wealth fund of the State of Qatar, along with new investors, including Temasek and entities administered by Macquarie Capital, participated in the funding round - which values the company at $62 billion. Plus, Meta has joined as a new strategic investor.

Upward Health: $12.5 Million Raised From Trinity Capital

By Amit Chowdhry ● Jan 22, 2025

Trinity Capital, a leading alternative asset manager, announced the commitment of $12.5 million in growth capital to Upward Health, an in-home, multidisciplinary medical group providing 24/7 whole-person care.

Origen: Limestone-Based Carbon Removal Company Secures $13 Million (Series A)

By Amit Chowdhry ● Jan 22, 2025

Origen Power Limited, a growing limestone-based carbon removal provider, announced that it had secured $13 million in Series A funding led by Barclays Climate Ventures. And Shell Ventures, Exascale Fund, Elemental Impact, and Hatch also participated in the round.

GT Medical Technologies: $37 Million (Series D) Raised For Improving Lives Of Patients With Brain Tumors

By Amit Chowdhry ● Jan 22, 2025

GT Medical Technologies - a medical device company that aims to improve patients' lives with brain tumors - announced that the company has completed the $37 million first close of a Series D funding round.

Prophecy: Data Copilot Company Secures $47 Million (Series B Extension)

By Amit Chowdhry ● Jan 22, 2025

Data copilot company Prophecy announced a $47 million Series B extension to accelerate the AI-powered transformation of the data integration market. Smith Point Capital led the round, with HSBC joining as a new investor and participation from existing investors including Berkeley SkyDeck, DallasVC, Insight Partners, JPMorgan Chase and SignalFire. This new funding comes from 3.5 times revenue growth in FY'24 with 160% net revenue retention from existing customers.

Moment Energy: $15 Million (Series A) Secured To Build Second-Life Gigafactory In The U.S.

By Amit Chowdhry ● Jan 22, 2025

Moment Energy, which is one of North America's leading EV battery repurposing companies, announced the closing of a $15 million Series A funding round. The Amazon Climate Pledge Fund and Voyager Ventures co-led the funding round. Along with Amazon Climate Pledge Fund and Voyager Ventures, this funding round received participation from In-Q-Tel (IQT), Version One Ventures, Overture Ventures, WovenEarth Ventures, Fika Ventures, MCJ, One Small Planet, and Climate Capital.

Insight Partners: $12.5 Billion Closed For Investing In Software Leaders

By Amit Chowdhry ● Jan 22, 2025

Global software venture firm Insight Partners announced the closing of its thirteenth flagship fund with a dedicated buyout co-invest fund (Fund XIII) and the closing of its structured equity fund, Opportunities Fund II. These funds represent $12.5 billion in capital for deploying in leading software companies across the globe to support growth at any stage. Insight's investment strategies saw strong support from both long-standing and notable new investors, with Insight's employees representing the most significant aggregate commitment to the funds. And the closing of these new funds brings Insight Partners' regulatory assets under management to over $90 billion. It marks a notable milestone in the firm's 30-year history of scaling transformative software companies worldwide.