The Weekly Notable Startup Funding Report takes us on a trip across various ecosystems in the US, highlighting some of the notable funding activity in the various markets that we track. The notable startup funding rounds for the week ending 6/24/23 featuring funding details for Gradient Health, DexCare, and twelve other deals representing $501M in new funding that you need to know about.
Alvys – $6.3M
Solana Beach-based Alvys is a TMS with high-tech automation specializing in workflow efficiency for carriers and freight brokers. Founded by Nick Darman in 2020, Alvys has now raised a total of $6.3M in total equity funding and is backed by Bonfire Ventures and RTP Global
Carbonwave – $6.0M
Boston-based Carbonwave is a leading developer of ultra-regenerative, plant-based, biomaterials from seaweed. Founded by Ben Ellis and Geoff Chapin in 2020, Carbonwave has now raised a total of $18.9M in total equity funding and is backed by Global Fund for Coral Reefs and Pegasus Capital
DexCare – $75.0M
Seattle-based DexCare provides a platform-as-a-service solution for managing health system capacity and demand across all lines of care. Founded by Derek Streat and Sean O’Connor in 2021, DexCare has now raised a total of $145.0M in total equity funding and is backed by Define Ventures, Frist Cressey Ventures, ICONIQ Growth, Kaiser Permanente Ventures, SpringRock Ventures, and Transformation Capital
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GoodBuy Gear – $14.0M
Arvada-based GoodBuy Gear is a managed marketplace that enables parents to safely and sustainably circulate quality-used baby & kid products they love Founded by Jessica Crothers and Kristin Langenfeld in 2016, GoodBuy Gear has now raised a total of $22.8M in total equity funding and is backed by Access Venture Partners, Crawley Ventures, Denver Angels, Interlock Partners, Mana Ventures, Relay Ventures, and Revolution Ventures
Gradient Health – $2.8M
Durham-based Gradient Health partners with medical data providers around the globe to curate pathologies for AI research labs and corporations. Founded by Joshua Miller, Ouwen Huang, and Suyash Kumar in 2018, Gradient Health has now raised a total of $5.7M in total equity funding and is backed by Boro Capital, David Golan, MedMountain Ventures, ReMY Investors & Consultants, Silicon Valley Social Venture Capital, Supernode Ventures, Triangle Tweener Fund, VentureSouth, and Wavemaker 360
Guardian Agriculture – $20.0M
Malden-based Guardian Agriculture is an eVTOL-powered crop protection company for farmers. Founded by Adam Bercu and Jeff Feldman Sparks in 2017, Guardian Agriculture has now raised a total of $36.5M in total equity funding and is backed by Fall Line Capital
Heard Technologies – $15.0M
San Francisco-based Heard Technologies operates as a financial back office for therapists. Founded by Andrew Riesen and Victoria Li in 2019, Heard Technologies has now raised a total of $26.3M in total equity funding and is backed by Act One Ventures, Footwork, Founders’ Co-op, GGV Capital, Headline, and Heron Rock Fund
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KoBold Metals – $195.0M
Berkeley-based KoBold Metals is a developer of machine prospector technology intended to facilitate a search for cobalt ore locations digitally. Founded by Jeff Jurinak, Josh Goldman, and Kurt Zenz House in 2018, KoBold Metals has now raised a total of $407.5M in total equity funding and is backed by Andreessen Horowitz, BHP Ventures, Bond, Breakthrough Energy Ventures, Earthshot Ventures, Equinor Ventures, July Fund, Mitsubishi Corporation, Standard Investments, and T. Rowe Price
Leap Services – $15.0M
Chicago-based Leap develops a retail platform that enables brands to deploy stores and accelerate growth. Founded by Amish Tolia and Jared Golden in 2018, Leap Services has now raised a total of $79.0M in total equity funding and is backed by BAM Elevate, Costanoa Ventures, Equal Ventures, and Hyde Park Ventures
Limble CMMS – $58.0M
Lehi-based Limble CMMS develops computerized maintenance management software to track, manage, schedule, and report maintenance activities. Founded by Bryan Christiansen, Jeff Babb, Miguel Ramos, and Patricia Sagastume in 2015, Limble CMMS has now raised a total of $76.6M in total equity funding and is backed by GS Growth
Oso – $15.0M
New York-based Oso is a batteries-included system for building authorization in your application. Founded by Graham Neray and Sam Scott in 2019, Oso has now raised a total of $25.9M in total equity funding and is backed by Felicis, Harpoon, and Sequoia Capital
The LA TechWatch audience is driving progress and innovation on a global scale. There are a number of options to reach this audience of the world’s most innovative organizations and startups at scale including strategic brand placement, lead generation, and thought leadership in front of an audience that comprises the vast majority of key decision-makers in the LA business community and beyond. Learn more about advertising to LA Tech, at scale.
Outbound AI – $16.0M
Seattle-based Outbound AI is Conversation AI built for healthcare. Founded by Jonathan Wiggs, Justin Ith, Kshitij Moghe, and Stead Burwell in 2021, Outbound AI has now raised a total of $23.0M in total equity funding and is backed by Ascend, EPIC Ventures, KCRise Fund, Locke Capital, Madrona, Pack Ventures, SpringRock Ventures, and Tacoma Venture Fund
Render – $50.0M
San Francisco-based Render provides a unified cloud for developers and teams to host all their applications, databases, and websites. Founded by Anurag Goel in 2018, Render has now raised a total of $76.8M in total equity funding and is backed by Addition, Bessemer Venture Partners, General Catalyst, and South Park Commons
beehiiv – $12.5M
New York-based Beehiiv offers a platform that enables creators to produce, monetize, and expand newsletters. Founded by Benjamin Hargett, Jacob Hurd, and Tyler Denk in 2021, beehiiv has now raised a total of $16.7M in total equity funding and is backed by Blue Wire Capital, Contrarian Thinking, Creator Ventures, Lightspeed Venture Partners, and Social Leverage
