Venture Capital

Sheridan Capital Partners: Fund III Closed At Hard Cap Of $575 Million

By Amit Chowdhry ● Jul 31, 2023

Sheridan recently announced the successful closing of Sheridan Capital Partners Fund III, L.P. at the hard cap with $575 million of total capital commitments.

Collaborative Robotics Closes $30 Million And Launches Flywheel Program

By Annie Baker ● Jul 31, 2023

Collaborative Robotics - a leader in practical collaborative robots (cobots) - recently announced it raised $30 million in Series A funding led by new anchor investor, Sequoia Capital, bringing the total amount raised to over $40 million. The funding will enable Collaborative Robotics to begin scaling early field deployments and manufacturing of its novel cobot.

InvGate: Enterprise Service And IT Management Company Raises $35 Million

By Noah Long ● Jul 31, 2023

InvGate - a SaaS platform with global operations at the intersection of Enterprise Service Management (ESM), IT Service Management (ITSM), and IT Asset Management (ITAM) - recently announced it had raised a $35 million growth round led by Riverwood Capital, a leading global investor in high-growth technology companies, with participation from Endeavor Catalyst.

Smartlens: Ophthalmic Technology Company Raises $6.1 Million

By Annie Baker ● Jul 31, 2023

Smartlens - a clinical-stage ophthalmic technology company - announced has closed an oversubscribed $6.1 million Series A equity financing round to advance regulatory clearance for miLens, a novel, electronics-free, soft contact lens for monitoring diurnal intraocular pressure (IOP).

Antares Capital: $6 Billion Senior Loan Fund II Closed

By Noah Long ● Jul 31, 2023

Antares Capital recently announced the closing of its second Senior Loan Fund with approximately $6 billion of asset purchasing power across all Fund-related vehicles, including a dedicated co-investment vehicle.

Cordillera: $443 Million Raised For Fund III

By Amit Chowdhry ● Jul 31, 2023

Cordillera Investment Partners, L.P. - an investment management firm exclusively investing in niche, non-correlated assets - recently announced it has completed fundraising for Cordillera Investment Fund III, L.P., with $443 million of commitments from institutional allocators.

Audax Private Equity: $7.8 Billion Closed For Flagship Fund And Origins Fund I

By Amit Chowdhry ● Jul 31, 2023

Audax Private Equity - a leading alternative investment manager and capital partner for North American middle market companies, successfully closed two new funds: Audax Private Equity Fund VII and Audax Private Equity Origins Fund I. Both funds had exceeded their respective fundraising targets. And Origins closed on $774 million in commitments, while Audax’s flagship vehicle, Audax Private Equity Fund VII, hit its hard cap of $5.25 billion in commitments.

May River Capital: $500 Million In Commitments Raised

By Annie Baker ● Jul 31, 2023

May River Capital LLC - a Chicago-based private equity investment firm - recently raised its third fund May River Capital Fund III, LP. Fund III closed on its hard cap of $500 million in limited partner commitments, exceeding the Fund's original target size.

Modi Ventures: Tech+Bio Fund I Launched With $32 Million

By Amit Chowdhry ● Jul 31, 2023

Modi Ventures - a newly launched venture partnership investing in fund managers and founders building companies shaping the future of humanity - recently announced the close of its inaugural $32 million fund, Tech+Bio Fund I. This new fund will target innovative companies transforming business in Tech Bio, life science, and healthcare AI.

Welsh, Carson, Anderson & Stowe: Over $5 Billion Raised For Largest Private Equity Fund To Date

By Amit Chowdhry ● Jul 31, 2023

Welsh, Carson, Anderson & Stowe (WCAS) - a leading private equity firm focused exclusively on the healthcare and technology industries - recently announced that it has completed fundraising for WCAS XIV, L.P. (WCAS XIV). The fund closed at over $5 billion of total capital, above its target and the Firm's prior fund, WCAS XIII, L.P., which closed at $4 billion.

Allonnia: Bio-Ingenuity Company Brings In $30 Million In Funding

By Noah Long ● Jul 31, 2023

Allonnia - the bio-ingenuity company dedicated to extracting value where others see waste - announced that it had raised $30 million in new capital led by Bison Ventures, with participation from IRONGREY, BHP Ventures, Vale Ventures, Wholestack LP and PPNG along with existing investors Battelle, General Atlantic, and Viking Global Investors. This brings Allonnia’s total funding to date to $90 million.

Trunk Tools: Construction Fintech Startup Raises $9.9 Million In Seed Funding

By Dan Anderson ● Jul 31, 2023

Trunk Tools - a construction-focused fintech startup that addresses the skilled labor shortage by helping workers get paid faster - recently announced its launch out of stealth with $9.9 million in seed funding. And the oversubscribed round was led by Innovation Endeavors, with participation from Fifth Wall, Foundation Capital and several others.

Eureka Health: $7 Million Closed For Patient-Led Platform

By Annie Baker ● Jul 31, 2023

Eureka Health announced that it had raised $7 million in funding. And the seed round was led by Khosla Ventures.

Ampcontrol: $10 Million Raised To Advance AI-Powered Software Solution For Fleet Operators

By Noah Long ● Jul 30, 2023

Ampcontrol - a leading AI-powered software solution for fleet operators - recently announced $10 million in Series A financing to enable its next growth stage. The Westly Group led the funding round with participation from existing investors AngelPad and Lorimer Ventures.

Kincell Bio: Contract Development And Manufacturing Organization Secures $36 Million

By Annie Baker ● Jul 30, 2023

Kincell Bio - a technology-forward contract development and manufacturing organization (CDMO) focused on cell therapies - recently emerged from stealth with $36 million in new funding. Kineticos Ventures led Kincell’s launch funding.

MAC Hospitals: $160 Million Growth Investment Raised From General Atlantic

By Annie Baker ● Jul 30, 2023

MAC Hospitals - one of Mexico’s largest hospital providers - announced an up to $160 million strategic growth investment from General Atlantic, a leading global growth equity firm. MAC Hospitals plans to utilize its partnership with General Atlantic to further its mission to expand access to affordable healthcare across Mexico, in particular by pursuing strategic expansion initiatives, developing greenfield hospitals in new locations, investing in the company’s technology stack and infrastructure, and deepening its offering of high-quality medical services.

Goodwater: Over $1 Billion Raised To Support Consumer Tech Companies

By Amit Chowdhry ● Jul 30, 2023

Goodwater - the largest venture capital fund exclusively focused on consumer tech investments - recently announced that it had raised over $1 billion across its family of early and growth-stage funds.

Alpine Investors: $4.5 Billion Ninth Fund Finalized At Hard Cap

By Amit Chowdhry ● Jul 30, 2023

House Numbers: Home Wealth Management Platform Bags $3.75 Million In Funding

By Annie Baker ● Jul 30, 2023

House Numbers - an AI-enabled home wealth management platform helping homeowners gain financial independence through AI-tailored home equity-based product recommendations - recently announced that it has raised $3.75 million in pre-seed funding.

Sk3w Technologies: Financial Exchange Access Company Closes $7 Million In Funding

By Dan Anderson ● Jul 28, 2023

Financial exchange access company Sk3w Technologies recently announced that it had raised $7M in a Series A round led by Tower Research Ventures, IMC, and Citadel Securities. And previous investors include Optiver, IMC, Jump Trading, Tower Research Ventures, XR Trading, and Tom Joyce.

Airvet: Leading Pet Telehealth Company Secures $18 Million

By Amit Chowdhry ● Jul 28, 2023

Airvet - a leading pet telehealth company - announced it has closed an oversubscribed $18.2 million Series B round led by Mountain Group Partners (MGP) with participation by Canvas Ventures, Headline, and Burst Capital, as well as strategic investors including Bob Antin, Founder and xCEO of VCA Animal Hospitals.

Very Good Ventures: Leading Flutter Consulting Company Raises $3.4 Million

By Amit Chowdhry ● Jul 28, 2023

Very Good Ventures (VGV) - a leading full-service Flutter consulting firm - recently announced it expanded its Series A round with $3.4 million from Celesta Capital for a total raise of $6.6 million. This funding round will be used to scale up VGV's service to a wider variety of clients and to deliver high-quality contributions throughout the Flutter ecosystem.

Q-CTRL: Morpheus Ventures Added As New Investor In $54 Million In Series B Round

By Amit Chowdhry ● Jul 26, 2023

Q-CTRL - a leader in developing useful quantum technologies through quantum control infrastructure software - announced the addition of Morpheus Ventures as a new investor in their record-setting Series B funding round, which has raised $54 million.

Adaptive Shield: Strategic Investment Raised From Blackstone

By Amit Chowdhry ● Jul 26, 2023

Adaptive Shield - a leader in SaaS security - recently announced a new investment from Blackstone Innovations Investments, which is Blackstone's strategic investment arm, bringing its total capital raised to $44 million. This funding round will accelerate Adaptive Shield’s mission to protect companies as the number of SaaS applications enterprises use has snowballed. This growth creates a new and complex mesh of business-critical applications increasingly targeted by attackers.

HumanFirst: Low-Code Productivity Suite Company Raises $5 Million

By Amit Chowdhry ● Jul 26, 2023

HumanFirst - a leader in low-code data productivity suite - recently announced CAD 5 million in seed funding. This total seed funding round has been accumulated throughout three smaller safe-note financing rounds. And this funding round was led by Panache Ventures with participation from Inovia, Real Ventures, BoxOne Ventures, and a prominent group of angel investors, including Kevin Mahaffey.

SpecterOps Raises $33.5 Million To Drive Adoption Of BloodHound Enterprise

By Dan Anderson ● Jul 26, 2023

SpecterOps - a provider of adversary-focused cybersecurity solutions born out of unique insights of advanced threat actor tradecraft - recently announced it extended its Series A to include an $8.5 million investment from Ballistic Ventures. This brings SpecterOps’ Series A total to $33.5 million.

Equabli: Financial Tech Company Completes $3.35 Million Funding Round

By Annie Baker ● Jul 25, 2023

Equabli - a leading financial technology company - recently announced the successful completion of its recent financing round. This funding round secured $3.35 million of additional capital and was led by Social Leverage. Additional commitments were received by BankTech Ventures and Cross River Digital Ventures.

RightRev: $12 Million Secured For Helping Companies Automate Revenue Recognition

By Noah Long ● Jul 25, 2023

RightRev - a cloud-based finance and accounting solutions provider for Revenue Recognition Automation - recently announced that it had raised $12 million in funding co-led by Norwest Venture Partners and Salesforce Ventures with participation from Correlation Ventures and IDEA Fund Partners.

Flagship: Retail Inventory Planning Platform Company Raises $5 Million

By Noah Long ● Jul 25, 2023

Retail inventory planning leader Flagship recently announced that it had raised $5 million in seed funding led by global software investor Insight Partners. Dream Ventures, Essential Capital, Klemhurst, Future Archives, AUFI Ventures, the Kleiner Perkins Scout Fund, and several strategic angel investors participated in the round.

Sigo Seguros: Insurtech Company Secures $5.1 Million To Accelerate Growth

By Annie Baker ● Jul 25, 2023

Sigo Seguros - a rapidly growing insurtech company with a Spanish-first approach to providing auto insurance services for immigrant and working-class communities - recently announced it had raised an additional $5.1 million in its pre-Series A funding round, co-led by Zeal Capital Partners and Listen Ventures with participation from existing investors Chingona Ventures, Revolution’s Rise of the Rest, Fiat Ventures, and Remarkable Ventures.