Venture Capital

Roofr: $23.5 Million Secured To Advance End-To-End Roofing Software

By Amit Chowdhry ● Oct 19, 2023

Roofr recently announced that it raised $23.5 million in funding. This funding round will help accelerate the development and launch of groundbreaking roofing solutions, including their newly launched CRM, and soon-to-be-launched Payment Processing, Material Purchasing, and more. Vertical Venture Partners led the round with participation from ABC Supply Co, the largest roofing supplier in North America, and several new and existing investors including Bullpen Capital, Interplay Ventures, i2BF, SVB, Ace & Company, MGFO, Podemsky Ventures.

Workstorm: Series A Funding Round Announced At $200 Million Valuation

By Annie Baker ● Oct 19, 2023

Workstorm - a leading provider of secure collaboration solutions - recently announced it has closed its Series A round, valuing the company at $200 million. The funding participants include Author Capital Partners and Chicago-based high-net-worth investors. This funding round will accelerate product development, expand its customer base, and support the growth of its sales and engineering teams.

SYN Ventures: Cybersecurity Seed Fund Launches At Over $75 Million

By Amit Chowdhry ● Oct 19, 2023

SYN Ventures - the only VC firm founded and led exclusively by former Fortune 500 CISOs and C-level security leaders with over $600 million of assets under management (AUM) - announced the first closing of its dedicated cybersecurity seed fund with over $75 million, the largest cyber seed dedicated fund domiciled in the United States. The firm also expects to do a final close later this quarter.

Snappy: Restaurant Management Company Raises Series A Funding Round

By Dan Anderson ● Oct 19, 2023

Snappy - a Canadian all-in-one restaurant management Software-as-a-Service (SaaS) company - recently announced closing an oversubscribed Series A funding round. The funding round - led by Texas-based Golden Section Ventures - follows an investment by Celtic House Venture Partners and Celtic House Asia Partners in 2021.

SHINE Technologies: Fusion Technology Company Raises $70 Million

By Noah Long ● Oct 19, 2023

SHINE Technologies - a next-generation fusion technology company - recently announced it has raised $70 million in additional funding. The funding round was led by existing investors, including Baillie Gifford and Fidelity Management & Research Company, and also included participation from new institutional investors. This funding round will complete the commercialization and scale-up of the company's near-term applications of fusion technology, which are used in the industrial, defense, and healthcare markets.

Prophecy: Self-Service Data Transformation Company Secures $35 Million

By Annie Baker ● Oct 19, 2023

Prophecy - a leading self-service data transformation platform - recently announced a $35 million Series B funding round led by Insight Partners and SignalFire with J.P. Morgan as a major investor. The new funding round catapults the company’s total funding to $67 million. The funding round included participants from new investors, Singtel Innov8, Databricks Ventures, and DallasVC.

Auquan: Financial Services Company Raises $3.5 Million

By Noah Long ● Oct 19, 2023

Auquan - an AI innovator for financial services - recently announced the closing of its $3.5 million seed round, led by early-stage investor Neotribe Ventures. The company also announced its Auquan Intelligence Engine, powered by retrieval augmented generation (RAG) AI. The company's SaaS-based product helps customers like UBS and Federated Hermes extract intelligence from the world’s unstructured data to power business due diligence, research, compliance, and risk monitoring.

Zygon: Cybersecurity Solutions Company Secures $3 Million

By Noah Long ● Oct 19, 2023

Zygon - a cybersecurity solution for protecting enterprises from the risks brought by the uncontrolled spread of SaaS applications among their teams - recently announced a $3 million seed round and the public release of their solution. The fully subscribed round was led by Axeleo Capital and includes Kima Ventures and multiple world-class cybersecurity angel investors.

Outstaffer: HR Tech Platform Company Secures $1.5 Million

By Annie Baker ● Oct 19, 2023

Digital Identity Solutions Company Prove Identity Closes $40 Million

By Noah Long ● Oct 19, 2023

Prove Identity - a global leader in digital identity solutions - recently announced a $40 million funding round led by MassMutual Ventures and Capital One Ventures. This new funding - supported by more than 40% new international customer growth year to date - also reinforces Prove’s position as the global leader in the digital identity verification and authentication market.

Clockwork: Self-Care Robotics Company Raises Over $5.6 Million

By Dan Anderson ● Oct 19, 2023

Clockwork - a pioneering self-care robotics company - recently announced the launch of its investment round on Wefunder - inviting the general public to join the venture transforming the $1.5 trillion self-care industry. With $5.6 million raised from prominent investors, Clockwork launched a community investment round to the public led by Arash Ferdowski, Dropbox Co-Founder and former CTO.

Perch Energy: Clean Energy Platform Company Raises $30 Million From Nuveen

By Annie Baker ● Oct 19, 2023

Perch Energy - a clean energy technology platform and community solar servicer that connects solar developers with consumers - recently announced a $30 million investment from Nuveen, the $1.1 trillion asset manager of TIAA and one of the world’s largest real estate investment managers.

Matic: Embedded Insurtech Platform Company Secures $20 Million

By Dan Anderson ● Oct 19, 2023

Matic - a leading embedded insurtech platform - recently announced it raised $20 million to extend its Series B. This funding round includes $17 million in Series B equity co-led by IA Capital Group and Cultivation Capital with participation from existing investors and the majority led by new investors, including Intuit Ventures, TruStage Ventures, and Assurity Ventures. At the same time, Matic upsized its credit facility by $3 million, bringing new liquidity to $20 million.

Pickle: Peer-To-Peer Rental Marketplace Company Lands $8 Million In Funding

By Amit Chowdhry ● Oct 19, 2023

Pickle - a peer-to-peer rental marketplace making local closets shareable on demand - recently announced that it has secured $8 million in seed funding. This funding round was co-led by FirstMark Capital and Craft Ventures with participation from Burst Capital.

P3 Technologies: $10 Million Raised And Pet Pharmacy Acquired

By Annie Baker ● Oct 19, 2023

P3 Technologies (P3T) - a leading pet health technology and solutions provider - recently announced the successful closure of a substantial $10 million investment round and the strategic acquisition of a leading veterinary pharmacy, which marks a significant milestone in the company's growth and expansion strategy.

Gero: $6 Million Raised To Mitigate Burden Of Age-Related Illnesses

By Annie Baker ● Oct 18, 2023

Gero - a biotechnology company focused on aging and chronic diseases - announced that it has closed $6 million in a Series A extension round. This funding round positions the company to continue internal drug development programs, grow its scientific team to boost platform technology development, and expand its US presence.

Allara: $10 Million Raised To Help Women Dealing With Chronic Hormonal Conditions

By Amit Chowdhry ● Oct 18, 2023

Allara - a first-of-its-kind virtual care platform bridging the care divide for the millions of women of reproductive age dealing with chronic hormonal conditions - recently announced $10 million in Series A funding led by GV (Google Ventures), with participation from Great Oaks Venture Capital, Humbition, Vanterra, Gaingels, and individual investors like Tom Lee (One Medical) and Maggie Sellers.

Cartwheel Studio And The University Of Arkansas Office of Entrepreneurship and Innovation Launching Bounds Accelerator

By Amit Chowdhry ● Oct 18, 2023

Cartwheel Studio and the University of Arkansas Office of Entrepreneurship and Innovation are launching the Bounds Accelerator, an Arkansas-based startup accelerator that utilizes emerging technologies like blockchain, artificial intelligence, augmented reality, and virtual reality.

JetCool: Data Center Liquid Cooling Company Raises $17 Million

By Amit Chowdhry ● Oct 18, 2023

JetCool - a leading liquid cooling company for data centers - recently announced the successful closure of a $17 million Series A funding round. The funding round - which was led by Bosch Ventures (the corporate venture capital arm of the Bosch Group) - includes participation from leading technology investors such as In-Q-Tel, Raptor Group, and Schooner Capital.

SwiftConnect: Connected Access Enablement Company Closes $10 Million

By Amit Chowdhry ● Oct 18, 2023

SwiftConnect - a leading provider of connected access enablement - recently announced the successful closing of an oversubscribed funding of $10 million. The new funding round fuels SwiftConnect’s continued growth and validated strong investor confidence in its accelerated market traction.

KINO: Over $2 Million Raised To Transform Entertainment Economics

By Annie Baker ● Oct 18, 2023

KINO - a company that is reshaping entertainment economics through technology - announced an oversubscribed pre-seed funding round, raising $2 million.

VedaBio: Over $40 Million Raised To Transform Molecular Detection

By Noah Long ● Oct 17, 2023

VedaBio - the biotechnology company driving a paradigm shift in molecular detection - launched today with initial funding of over $40 million backed by lead investor OMX Ventures along with a select group of family offices, including Kleinmuntz Associates.

Carefull: AI-Powered Financial Safety Platform Company Closes $16.5 Million

By Annie Baker ● Oct 17, 2023

Carefull - an AI-powered financial safety platform that helps banks and wealth advisors protect aging customers from scams and money mistakes - recently announced that it has closed its Series A round with $16.5 million in funding.

ScyllaDB: $43 Million Secured To Scale Data-Intensive Apps With High Throughput And Low Latency

By Annie Baker ● Oct 17, 2023

ScyllaDB - the database for data-intensive apps that require high throughput and predictable low latency - recently announced that it has raised $43 million in funding, led by global VC Eight Roads Ventures and AB Private Credit Investors, the private corporate credit and growth stage capital platform of AllianceBernstein. And additional investors in ScyllaDB include TLV partners, Magma Ventures, and Qualcomm Ventures. These funds will enable ScyllaDB to accelerate its momentum with MongoDB customers dealing with scale.

Cecilian Partners Receives Growth Funding From Perot Jain

By Amit Chowdhry ● Oct 17, 2023

Cecilian Partners - a company that collaborates with land developers and homebuilders across the U.S. who aspire to modernize their digital footprint and ease everyday pain points associated with building and buying homes - announced that it has secured growth capital from Perot Jain, the leading Dallas-based venture capital firm focused on industry-disrupting companies and tech.

CNaught: Carbon Credits Seller Company Secures $2.25 Million

By Noah Long ● Oct 17, 2023

CNaught - the first science-based and trust-centered seller of carbon credits - recently announced a $2.25 million pre-seed round led by Greycroft. The additional participating investors include Carthona Capital, Long Run Capital and several angel investors.

Game Of Silks: Blockchain Gaming Platform Company Raises $5 Million

By Dan Anderson ● Oct 17, 2023

Game of Silks - the first blockchain gaming platform to mirror the real world of thoroughbred horse racing - recently announced that it has closed its Series Seed 2 round, raising $5 million from a prominent group of strategic investors. With funding for blockchain gaming at a virtual standstill, this funding round solidifies Silks’ standing as a leader in the rapidly growing category of blockchain fantasy sports, and it establishes the company as the definitive blockchain gaming platform for the sport of horse racing.

Capital Rx: Over $50 Million Raised To Improve Drug Price Visibility

By Annie Baker ● Oct 17, 2023

Capital Rx - a full-service pharmacy benefit manager (PBM) and pharmacy benefit administrator (PBA) advancing healthcare infrastructure to improve drug price visibility and patient outcomes - recently announced the closing of a strategic investment round totaling over $50 million with participation from more than 10 of the leading health systems in the nation, including Atlantic Health System, Banner Health, Hawai'i Pacific Health, Inova Health System, Lehigh Valley Health Network, Memorial Hermann Health System, Nebraska Medicine, Novant Health, Ochsner Health, WellSpan Health, Transformation Capital, and several others.

Goodhood: $2.6 Million Secured To Deliver Convenient Car Maintenance And Repair Services

By Amit Chowdhry ● Oct 17, 2023

Goodhood - a subscription-based tech company transforming the auto maintenance and repair industry - recently announced it has rebranded and raised $2.6 million in seed funding. Bullish led the funding round with participation from existing investors Okapi Capital and Mucker Capital. And new investors include New Age Ventures, Kubera Venture Capital, and Impact Ventures, as well as other executives as angels.

Bedrock Energy: $8.5 Million Raised To Build Geothermal Heating And Cooling Systems

By Annie Baker ● Oct 17, 2023

Bedrock Energy - a technology startup that designs, constructs, and delivers geothermal heating and cooling systems - recently announced $8.5 million in seed capital. The financing round is led by Wireframe Ventures, with participation from Overture Climate VC, Long Journey Ventures, Cantos, Toba Capital, First Star Ventures, Divergent Capital, and Climate Capital. The funding will speed up manufacturing and deployment of technologies that improve the economics of all-electric geothermal HVAC systems, helping real estate properties achieve Net Zero operations.