Venture Capital

Horizon3.ai: Autonomous Security Solutions Company Closes $40 Million In Funding

By Amit Chowdhry ● Aug 10, 2023

Horizon3.ai - a leading provider of autonomous security solutions - recently announced $40 million in Series C funding led by Craft Ventures with participation from Signal Fire.

Chargeflow: Chargeback Automation Solution Company Secures $14 Million In Funding

By Amit Chowdhry ● Aug 10, 2023

Chargeflow - a pioneering chargeback automation solution built exclusively for online businesses - recently announced the successful closure of an $11 million financing round led by OpenView, a VC firm specializing in product-led business software.

Middleware: Cloud Observability Company Raises $6.5 Million

By Amit Chowdhry ● Aug 10, 2023

Middleware - a disruptive AI-based cloud observability platform provider - announced that it raised $6.5 million in seed funding to simplify and supercharge cloud observability. This funding round will enable the company to revolutionize how businesses utilize observability stacks in the age of AI.

Osano: Data Privacy Management Company Raises $25 Million

By Amit Chowdhry ● Aug 10, 2023

Osano - a leader in data privacy management software - recently announced a $25 million Series B funding round led by Baird Capital, with participation from Jump Capital, LiveOak Venture Partners, Next Coast Ventures, TDF Ventures, and First Ascent Ventures. And Mark Donnelly, Partner at Baird Capital, will be joining the Board, and Katharine Tomko, Partner at First Ascent Ventures and former Facebook Head of Privacy Programs, will join as a Board Observer.

ShapesXR: VR Design And Collaboration Platform Company Raises $8.6 Million

By Amit Chowdhry ● Aug 9, 2023

ShapesXR - a VR design and collaboration platform - recently announced it has secured a $8.6 million seed round led by Supernode Global. Triptyq VC, Boost VC, Hartmann Capital, and Geek Ventures also participated in the round. The other contributors to ShapesXR’s seed round include The WXR Fund, StratMinds VC, Ludus Ventures, The Venture Reality Fund, HTC Vive, Leta Capitaland Remote First Capital.

Endor Labs: Code And Pipeline Governance Platform Company Raises $70 Million

By Amit Chowdhry ● Aug 9, 2023

Endor Labs - the creator of the Code and Pipeline Governance Platform - recently announced $70 milloin in Series A financing from Lightspeed Venture Partners (LSVP), Coatue, Dell Technologies Capital, Section 32, and over 30 industry-leading CEOs, CISOs, and CTOs. And Arif Janmohamed of Lightspeed, Sri Viswanath of Coatue and former CTO of Atlassian; and Deepak Jeevankumar of Dell Technologies Capital will be joining the Endor Labs Board.

Tradeshift: Business Commerce Platform Company Raises $70 Million

By Annie Baker ● Aug 8, 2023

Tradeshift recently announced a new $70 million funding round, highlighting its continued confidence in its innovative technology and ability to revolutionize traditional supply chain processes. HSBC led the round with additional participation from AYTK Limited, LUN Partners Group, Fuel Venture Capital, Doha Venture Capital LLC, Notion Capital, IDC Ventures, and The Private Shares Fund.

Healthmap: Kidney-Focused Health Management Company Closes $100 Million In Funding

By Noah Long ● Aug 8, 2023

Healthmap Solutions - a national population health management company focused on kidney disease - recently announced that it has raised $100 million to support the ongoing expansion of its business. And Healthmap has grown rapidly with its health plan customers and is currently contracted to serve over 160,000 individuals with kidney disease.

Jerry: $110 Million Raised To Help Car Owners Manage Their Vehicles

By Noah Long ● Aug 8, 2023

Jerry - a company that is known for its AI-powered PriceProtect services to help car owners find shockingly good insurance rates and refinance car loans with ease - announced it secured an additional $110 million in equity and debt financing in Q2 2022.

Inworld: Valuation Now At Over $500 Million Following New Funding Round

By Dan Anderson ● Aug 8, 2023

Inworld AI - a leading Character Engine for games and interactive experiences, has raised new funding from Lightspeed Venture Partners — bringing the new valuation of the company to over $500 million.

Local Logic: Location Intelligence Insights Company Secures $13 Million

By Annie Baker ● Aug 8, 2023

Local Logic - a leading location intelligence insights provider that quantifies location at scale to drive better real estate decisions - recently announced the closing of $13 million in Series B financing led by GroundBreak Ventures and Investissement Québec.

Grasp: Online Learning Platform Company Receives $4 Million In Funding

By Amit Chowdhry ● Aug 8, 2023

Online learning platform Grasp recently announced it has raised $4 million in seed funding led by Balderton Capital. This funding will further develop Grasp’s platform and expand the team with key hires in product, data science, and engineering.

Jericho Security: $3 Million Raised To Fight AI-Powered Phishing Attacks

By Amit Chowdhry ● Aug 8, 2023

Cybersecurity company Jericho Security recently announced that it raised $3 million in pre-seed funding led by Jasper Lau’s Era to combat the rising tide of generative AI-powered phishing attacks with participation from Lux Capital, FoundersXFund, MetaLabs, Alcove, Textbook, Alumni Venture Group, Thorntree, Daniel Liem, Henry Elkus and Contrary.

Lightup: No-Code Data Quality Monitoring Platform Raises $9 Million

By Annie Baker ● Aug 8, 2023

Lightup - the developers of a modern no-code data quality monitoring platform - recently announced that it closed $9 million in Series A funding to empower organizations further to democratize data quality checks for 100% coverage across enterprise operations. This funding round was led by Andreessen Horowitz and Newland Ventures, with Spectrum 28 Capital, Shasta Ventures, Vela Partners, and Incubate Fund participation.

Airalo: eSIM Marketplace Secures $60 Million In Funding

By Annie Baker ● Aug 8, 2023

Airalo - a pioneering eSIM marketplace revolutionizing global connectivity - recently announced the successful completion of its Series B financing round, raising an impressive $60 million. The funding round - which was led by e& capital (the investment arm of e&).

Skylight: Digital Photo Frame And Smart Calendar Company Closes $15 Million

By Noah Long ● Aug 8, 2023

Skylight - a leading digital photo frame and smart calendar brand - recently announced that the company has raised $15 million in debt through its partnership with SG Credit Partners. And as the company continues to grow profitably, the new capital will be used to support inventory purchases and ensure sufficient product stock to meet increasing demand.

Stay Ai: $15.1 Million Raised To Develop Customer Loyalty Operating System For Shopify Brands

By Dan Anderson ● Aug 8, 2023

Stay Ai - a customer loyalty operating system for Shopify brands - recently announced that it has raised a $15.1m Series A, the company's first funding announcement since launching in October 2021. And this funding round consists of an $8.6 million investment led by Telescope Partners with participation from Boulder Food Group, Riverpark Ventures, and Vanterra Capital.

GoTab: Leading Hospitality Commerce Platform Company Closes $18 Million In Funding

By Annie Baker ● Aug 8, 2023

GoTab, a leading hospitality commerce platform, recently announced its closing on its $18 million Series A funding round. The funding round was led by Truist Ventures.

ConductorOne: Identity Security And Access Governance Company Raises $27 Million

By Amit Chowdhry ● Aug 8, 2023

ConductorOne - a leader in identity security and access governance - recently announced a $12 million expansion of its Series A funding led by Felicis.

Futureverse: $50 Million Fund Launches To Invest In Early-Stage Web3 And Metaverse Companies

By Amit Chowdhry ● Aug 8, 2023

Futureverse co-founders Shara Senderoff and Aaron McDonald recently announced the launch of Born Ready, a new $50 million venture fund and studio. This fund primarily focuses on accelerating the development and adoption of emerging technology ventures with potential strategic collaboration with Futureverse or The Root Network, a public decentralized blockchain network optimized for metaverse apps and experiences.

Interface: $1.4 Million Raised For Enhancing Mobile Explorer For Ethereum Users

By Amit Chowdhry ● Aug 8, 2023

Interface - a mobile companion for Ethereum enthusiasts - recently announced it had raised $1.4 million in a seed round led by Polymorphic Capital and Mask Network. The funding will enable new use cases and facilitate further expansion into various industry niches. The company reimagines how users explore and navigate the blockchain by organizing transactions into a human-friendly feed and consolidating users’ entire on-chain presence.

40Seas: Cross-Border Order Now Pay Later Company Extends Seed Round To $17 Million

By Amit Chowdhry ● Aug 8, 2023

40Seas - a leading Order Now, Pay Later cross-border digital financing solution - recently announced it had secured an additional $6 million in seed funding, extending its initial $11 million seed round announced in January of this year to $17 million. New investors Eminence Ventures and QED Investors also participated in the extended round, including participation from existing investors Team8 and ZIM.

Pelvital: Women’s Health Company Raises $2.68 Million

By Annie Baker ● Aug 8, 2023

Pelvital - a leading innovator in women's health - recently announced closing a $2.68 million seed funding round for Flyte, an accessible and clinically proven treatment for stress urinary incontinence (SUI) and weakened pelvic floor muscles. This funding milestone emphasizes Flyte’s significant impact in addressing an underserved health concern among women.

SnoFox: Business Intelligence Company Closes $4.5 Million In Funding

By Noah Long ● Aug 8, 2023

SnoFox - a leading business intelligence tool that provides data analytics for the global cold chain - recently announced its $4.5 million seed round led by Voyager Ventures, bringing total funding to $5.7 million. The funding round also includes Pale Blue Dot, Ponderosa Ventures, and Mudcake participation.

Sk3w Technologies: Monitoring And Standardization Solutions Company Secures $7 Million

By Dan Anderson ● Aug 8, 2023

Sk3w Technologies recently announced that it has raised $7 million in a Series A round led by Tower Research Ventures, IMC, and Citadel Securities.

Source: B2B Commercial Construction Product Company Closes $8.5 Million

By Annie Baker ● Aug 8, 2023

Source - a leading B2B marketplace for commercial construction products - recently announced it closed on a $8.5 million Series A funding round. This funding round was led by M13 with participation from Rise of the Rest, Rogue Venture Partners, Founders' Co-op and Oregon Venture Fund. Source had previously raised a total of $3.7 million.

AMOpportunities: $2 Million Secured To Connect Medical Students/Graduates With Physicians

By Annie Baker ● Aug 8, 2023

AMOpportunities recently announced an additional $2 million to its Series A2 from new investors Laerdal Million Lives Fund and LAGO Innovation Fund, as well as current investors PACE Healthcare Capital, OCA Ventures, and HealthX Ventures. This funding round is now fully subscribed and will close imminently. And this brings the total funding to nearly $11 million.

Vekst Capital To Invest In West Michigan Businesses

By Amit Chowdhry ● Aug 8, 2023

Vekst Capital announced it had tapped West Michigan native Steve Tolger to run its private investment firm that invests long-term in family-owned West Michigan companies. Grand Rapids businessman Tim Engen is the founder of Vekst and Tolger will drive the vision and investments as company president. Steve Smith will serve as Vekst’s chief financial officer.

Transcend: $20 Million Raised To Automate Critical Infrastructure Design

By Amit Chowdhry ● Aug 7, 2023

Transcend Software - a leading SaaS provider of generative design tools for critical infrastructure - recently announced it has closed on its Series B financing round with participation from Autodesk, a leading software provider for the architecture, engineering, construction, manufacturing, product design, and media and entertainment industries. The existing investors, including HG Ventures, PureTerra, and Aspen Capital Group, participated in the round, along with new investors Arosa Capital and Riverstone Holdings LLC.

Orbital: Finance And Crypto Payments Company Secures £5 Million

By Amit Chowdhry ● Aug 6, 2023

Orbital - a London, Tallinn and Gibraltar-based traditional finance and crypto payments platform for global enterprises - recently announced it has raised £5 million ($6.4 million) in an oversubscribed growth round led by Golden Record Ventures at an attractive valuation in which the founders are maintaining a large majority. The participants in the round include New Form Capital, GSRV, Psalion and Luminous Futures.