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 9/30/23 featuring funding details for PortX, XL8, Lumu, and nine other deals representing $460M in new funding that you need to know about.
Blacklane – $33.9M
Mountain View-based Blacklane is a provider of chauffeur services that offer carbon-neutral vehicles for traveling. Founded by Frank Steuer and Jens Wohltorf in 2011, Blacklane has now raised a total of $138.6M in total equity funding and is backed by Sixt Rental Cars.
Doceree – $35.0M
Parsippany-based Doceree provides marketing solutions for pharmaceutical and healthcare brands to connect with healthcare professionals (HCPs). Founded by Daleep Manhas and Harshit Jain in 2019, Doceree has now raised a total of $47.0M in total equity funding and is backed by Creaegis, Eight Roads Ventures, and F-Prime Capital.
Evozyne – $81.0M
Chicago-based Evozyne is a generative AI company that focuses on therapeutic discovery and drug development. Founded by Andrew Ferguson, Jeff Aronin, and Rama Ranganathan in 2020, Evozyne has now raised a total of $144.4M in total equity funding and is backed by Fidelity Management and Research Company, NVentures, OrbiMed, Paragon Biosciences, and Valor Equity Partners.
Farther Finance – $31.0M
New York-based Farther Finance is a developer of an investment advisory platform used to provide modern technology with trusted advice. Founded by Brad Genser and Taylor Matthews in 2019, Farther Finance has now raised a total of $46.0M in total equity funding and is backed by Bessemer Venture Partners, Cota Capital, Khosla Ventures, Lightspeed Venture Partners, MassMutual Ventures, and Moneta VC.
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Kolena – $15.0M
San Francisco-based Kolena is a machine learning testing and debugging platform. Founded by Bruno Faviero, Gordon Hart, and Mohamed Elgendy in 2021, Kolena has now raised a total of $21.5M in total equity funding and is backed by 11.2 Capital, Bloomberg Beta, lobby capital, SignalFire, and Zero Prime Ventures.
Lumu – $24.0M
Doral-based Lumu is a cybersecurity company that helps enterprises identify and isolate cyber-compromise in real-time. Founded by Ricardo Villadiego in 2019, Lumu has now raised a total of $39.5M in total equity funding and is backed by BIP Ventures, Exceptional Capital, Forgepoint Capital, and Simma Capital.
PortX – $16.5M
Mercer Island-based PortX is a software company helping financial institutions. Founded by David Wexler in 2010, PortX has now raised a total of $34.0M in total equity funding and is backed by BankTech Ventures, Btech Consortium, Curql, EJF Capital, and FUSE.
Rollstack – $1.8M
New York-based Rollstack automatically creates and updates slide decks and documents. Founded by Nabil Jallouli, Saad Bahir, and Younes Jallouli in 2022, Rollstack has now raised a total of $1.9M in total equity funding and is backed by Goodwater Capital, Kima Ventures, Monte Carlo Capital, Notion Capital, Roosh Ventures, UpHonest Capital, and Y Combinator.
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SupraOracles – $24.0M
Miami-based SupraOracles develops a blockchain oracle toolset that allows automation across Web2 and Web3 through secure contract. Founded by Heslin Kim, Jon Jones, and Joshua Tobkin in 2018, SupraOracles has now raised a total of $47.9M in total equity funding and is backed by Animoca Brands, BCW Group, Coinbase Ventures, FiveT Fintech (formerly Avaloq Ventures), Galaxy Interactive, Hashed, Hashkey, Huobi Ventures, NoLimit Holdings, Prosus Ventures, Razer, Republic Crypto, Shima Capital, Signum Capital, SMO Capital, Sound Ventures, Sublime Ventures, United Overseas Bank, and Valor Equity Partners.
AlphaSense – $150.0M
New York-based AlphaSense is a intelligence platform that uses artificial intelligence allowing professionals to make critical decisions. Founded by Jack Kokko in 2008, AlphaSense has now raised a total of $740.0M in total equity funding and is backed by Bond, CapitalG, Goldman Sachs Asset Management, and Viking Global Investors.
Midi Health – $25.0M
Menlo Park-based Midi is a virtual care clinic for women that treats depression, gynecological cancer, and period problems. Founded by Jill Herzig, Joanna Strober, Kathleen Jordan, and Sharon Meers in 2021, Midi Health has now raised a total of $39.0M in total equity funding and is backed by 25madison, Felicis, Google Ventures, ICon, Operator Collective, and SemperVirens Venture Capital.
Mundi – $15.0M
New York-based Mundi provides financial, trade development, strategy, freight and reinventing international trade services. Founded by Juan Carlos Christensen, Martin Pustilnick, Paulina Aguilar Vela, and Sebastian Kontarovsky in 2020, Mundi has now raised a total of $38.8M in total equity funding and is backed by Asymmetric Capital Partners, Base10 Partners, Colibri Ventures, Gaingels, GMO VenturePartners, Haymaker Ventures, Mana Ventures, SquareOne Capital, Union Square Ventures, and Upper90.
