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 10/12/24 featuring funding details for Centaur Labs, Holobiome, Scope3, and thirty-three other deals representing $1.3B in new funding that you need to know about.
Glooko – $100.0M
Mountain View-based Glooko as a digital health company that offers a diabetes management platform to help users monitor and control their blood glucose levels. Founded by Chamath Palihapitiya, Sundeep Madra, and Yogen Dalal in 2010, Glooko has now raised a total of $201.0M in total equity funding and is backed by Canaan Partners, Georgian, and Health Catalyst.
AirLoom Energy – $7.5M
Laramie-based AirLoom Energy offers wind energy harvesting services. Founded by Robert Lumley in 2014, AirLoom Energy has now raised a total of $12.5M in total equity funding and is backed by Adiuvans, Breakthrough Energy Ventures, Crosscut Ventures, Lowercarbon Capital, WovenEarth Ventures, and Wyoming Business Council.
ApertureData – $5.3M
Los Gatos-based ApertureData offers ApertureDB, a database purpose-built to accelerate development of and returns from multimodal AI Founded by Luis Remis and Vishakha Gupta in 2018, ApertureData has now raised a total of $8.1M in total equity funding and is backed by Interwoven Ventures, TQ Ventures, and WestWave Capital.
Bigeye – $5.0M
San Francisco-based Bigeye provides data observability solutions for monitoring and analyzing data integrity. Founded by Egor Gryaznov and Kyle Kirwan in 2019, Bigeye has now raised a total of $73.5M in total equity funding and is backed by USAA.
Case Status – $19.7M
North Charleston-based Case Status operates as a cloud-based, client engagement tool for the legal services industry. Founded by Andy Seavers and Lauren Sturdivant in 2017, Case Status has now raised a total of $35.5M in total equity funding and is backed by BIP Ventures, Front Porch Venture Partners, Grayhawk Capital, and Topmark Partners.
Centaur Labs – $16.0M
Boston-based Centaur Labs is a medical AI platform that offers medical data labeling services. Founded by Erik Duhaime, Tom Gellatly, and Zach Rausnitz in 2017, Centaur Labs has now raised a total of $31.9M in total equity funding and is backed by Accel, Alumni Ventures, Matrix, Omega Venture Partners, Samsung NEXT, SignalFire, Susa Ventures, and Y Combinator.
Claim – $12.0M
Boston-based Claim is a social application that allows users to earn and trade rewards with friends. Founded by Sam Obletz and Tap Stephenson in 2021, Claim has now raised a total of $18.0M in total equity funding and is backed by Lightbank, Sequoia Capital, Susa Ventures, and VMG Partners.
Corvus Robotics – $18.0M
Boston-based Corvus Robotics makes indoor drones for warehouses inventory service. Founded by Jackie Wu in 2017, Corvus Robotics has now raised a total of $18.0M in total equity funding and is backed by S2G Ventures and Spero Ventures.
COVU – $12.5M
Redwood City-based COVU’s mission is to help everyday people and growth-oriented insurance professionals reduce risk and manage insurance smarter. Founded by Ali Safavi and Tasos Chatzimichailidis in 2022, COVU has now raised a total of $22.5M in total equity funding and is backed by Benhamou Global Ventures, ManchesterStory Group, and Markd.
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CytoVale – $100.0M
San Francisco-based CytoVale is a medical technology company that focuses on advancing early detection technologies to diagnose immune-mediated diseases. Founded by Ajay Shah and Dino Di Carlo in 2013, CytoVale has now raised a total of $210.5M in total equity funding and is backed by Breakout Ventures, CPP Investments, Global Health Investment Corporation, Norwest Venture Partners, and Sands Capital Ventures.
Farther – $72.0M
New York-based Farther is a wealth management firm that combines expert financial advisors with technology to enhance financial planning services. Founded by Brad Genser and Taylor Matthews in 2019, Farther has now raised a total of $118.0M in total equity funding and is backed by CapitalG and Viewpoint Ventures.
Holobiome – $9.0M
Cambridge-based Holobiome is an owner and operator of a therapeutic company intended to treat diseases of the enteric and central nervous systems. Founded by Mike La Fleur and Philip Strandwitz in 2015, Holobiome has now raised a total of $15.6M in total equity funding and is backed by Astanor Ventures, Corundum Systems Biology, iSelect Fund, Pace Ventures, Satori Capital, SkyRiver Ventures, and Valor Equity Partners.
Imprint – $75.0M
New York-based Imprint provides co-branded credit cards by collaborating with global brands to enhances user experience and rewards Founded by Daragh Murphy, Gaurav Ahuja, and Michael Pechman in 2020, Imprint has now raised a total of $202.0M in total equity funding and is backed by Khosla Ventures, Kleiner Perkins, Ribbit Capital, and Thrive Capital.
Lightdash – $11.0M
San Francisco-based Lightdash turns a dbt project into a full-stack BI platform. Founded by Hamzah Chaudhary and Oliver Laslett in 2020, Lightdash has now raised a total of $19.4M in total equity funding and is backed by Accel, Dimitar Stanimiroff, Michael Grinich, Moonfire Ventures, Operator Partners, Shopify Ventures, Shuo Wang, and Y Combinator.
Logik.io – $25.0M
Chicago-based Logik.io is an ecommerce logic engine platform focused on developing headless configuration technologies. Founded by Christopher Shutts, Fazal Gupta, Jeffrey Wilkins, and Richard Jones in 2021, Logik.io has now raised a total of $51.0M in total equity funding and is backed by Emergence, GoBig.ai, High Alpha, Permanent Capital Ventures, Salesforce Ventures, and ServiceNow Ventures.
Maven Clinic – $125.0M
New York-based Maven is a digital health platform that works with health plans and employers to offer virtual services for women’s and family health. Founded by Katherine Ryder and Suzie Grange in 2014, Maven Clinic has now raised a total of $417.1M in total equity funding and is backed by Dragoneer Investment Group, General Catalyst, Icon Ventures, Lux Capital, Oak HC/FT, Sequoia Capital, and StepStone Group.
Pinpoint Predictive – $23.0M
San Mateo-based Pinpoint Predictive is an insurance platform that provides big data and behavioral economics to identify unpriceable risks for insurers. Founded by Avi Tuschman in 2014, Pinpoint Predictive has now raised a total of $23.0M in total equity funding and is backed by Guidewire Software, Jazz Venture Partners, Markd, Navigate Ventures, LLC, Seraph Group, and Verstra Ventures.
Relyance AI – $32.0M
San Francisco-based Relyance AI delivers data compliance solutions that enhance visibility and security. Founded by Abhi Sharma and Leila Golchehreh in 2020, Relyance AI has now raised a total of $62.0M in total equity funding and is backed by Cheyenne Ventures, M12 – Microsoft’s Venture Fund, Menlo Ventures, Thomvest Ventures, and Unusual Ventures.
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Scope3 – $25.0M
New York-based Scope3 is the source of truth for supply chain emissions data. Founded by Brian O’Kelley in 2022, Scope3 has now raised a total of $45.0M in total equity funding and is backed by AperiamVentures, Craft Ventures, Google Ventures, Room40 Ventures, Venrock, and Virgo Investment Group.
HUMAN – $45.0M
New York-based HUMAN is a cybersecurity company that protects the internet and enterprises from fraud and sophisticated bot attacks. Founded by Ash Kalb, Dan Kaminsky, Michael Tiffany, and Tamer Hassan in 2012, HUMAN has now raised a total of $193.6M in total equity funding and is backed by ClearSky, Goldman Sachs Asset Management, NightDragon, Vertex Ventures US, and WestCap.
TensorWave – $43.0M
Las Vegas-based TensorWave helps businesses leverage the potential of artificial intelligence and develop advanced AI-based software. Founded by Darrick Horton, Jeff Tatarchuk, and Piotr Tomasik in 2023, TensorWave has now raised a total of $46.2M in total equity funding and is backed by AMD, Javelin Venture Partners, Maverick Capital, Nexus Venture Partners, StartUpNV, and Translink Capital.
The Jackfruit Company – $5.0M
Boulder-based The Jackfruit Company is a producer of plant-based products. Founded by Annie Ryu in 2011, The Jackfruit Company has now raised a total of $33.0M in total equity funding and is backed by Creadev, Grosvenor Food & AgTech, and Investeco Capital.
TOCA Football – $100.0M
Costa Mesa-based TOCA is a soccer technology company that aims to disrupt and elevate the soccer experience through user-centered technology. Founded by Eddie Lewis and Yoshi Maruyama in 2016, TOCA Football has now raised a total of $245.0M in total equity funding and is backed by Bill Anderson, Harry Kane, Jared Smith, Jim Kavanaugh, and Magnus Carlsen.
Truthset – $5.0M
San Francisco-based Truth{set} is a data intelligence company, focused exclusively on validating the accuracy and compliance of consumer data. Founded by Scott M. McKinley in 2019, Truthset has now raised a total of $5.0M in total equity funding and is backed by Data Point Capital.
Form Energy – $405.0M
Somerville-based Form Energy develops and commercializes low-cost battery systems to support renewable electric grids. Founded by Marco Ferrara, Mateo Jaramillo, Ted Wiley, William Woodford, and Yet-Ming Chiang in 2017, Form Energy has now raised a total of $1.2B in total equity funding and is backed by Blindspot Ventures, Breakthrough Energy Ventures, Capricorn Investment Group, Claure Group, Coatue, Energy Impact Partners, Engine Ventures, GE Vernova, GIC, Gigascale Capital, NGP Energy Technology Partners, Prelude Ventures, T. Rowe Price, Temasek Holdings, TPG Rise Climate Fund, and VamosVentures.
Suki – $70.0M
Redwood City-based Suki provides AI-powered voice solutions that streamline healthcare documentation processes. Founded by Anshu Sharma, Karthik Rajan, and Punit Soni in 2016, Suki has now raised a total of $165.0M in total equity funding and is backed by Breyer Capital, Flare Capital Partners, Hedosophia, InHealth Ventures, March Capital, and Venrock.
EvenUp – $135.0M
San Francisco-based EvenUp is a legal tech company developing cloud and AI-based legal case management solutions. Founded by Rami Karabibar, Raymond Mieszaniec, and Saam Mashhad in 2019, EvenUp has now raised a total of $220.5M in total equity funding and is backed by B Capital, Bain Capital Ventures, Bessemer Venture Partners, Lightspeed Venture Partners, PremjiInvest, and SignalFire.
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.
VESSL AI – $12.2M
San Mateo-based VESSL AI provides an end-to-end MLOps platform that enables high-performance ML teams to build, train, and deploy models faster at scale. Founded by Intae Ryoo, Jaeman An, Jihwan (Jay) Chun, and Yongseon Lee in 2020, VESSL AI has now raised a total of $17.0M in total equity funding and is backed by A Ventures, Mirae Asset Securities, Shinhan Venture Investment, Sirius Investment, SJ Investment Partners, Ubiquoss, and Wooshin Venture Investment.
Auger – $100.0M
Bellevue-based Auger is a logistics software startup that integrates with inventory management systems to provide insights for supply chain businesses. Founded by Dave Clark in 2024, Auger has now raised a total of $100.0M in total equity funding and is backed by Oak HC/FT.
CYRISMA – $7.0M
Rochester-based CYRISMA is an all-in-one, cloud-hosted cyber risk management platform designed to reduce cybersecurity complexity. Founded by Liam Downward, Michael Hoag, and Vladimir Georgiev in 2018, CYRISMA has now raised a total of $8.8M in total equity funding and is backed by Blueprint Equity, Golden Ventures, and SaaS Ventures.
Fortius Metals – $2.0M
Boulder-based Fortius Metals manufactures wire alloys for large-format metal 3D printing and robotic welding. Founded by Jeff Lints in 2021, Fortius Metals has now raised a total of $10.4M in total equity funding and is backed by 412 Venture Fund, AM Ventures, Finindus, and M7 Holdings.
InterVene – $13.0M
South San Francisco-based InterVene is a medical device company that treats severe venous disease in the legs. Founded by Fletcher Wilson in 2011, InterVene has now raised a total of $33.9M in total equity funding and is backed by RiverVest and Treo Ventures.
Lithios – $10.0M
Cambridge-based Lithios is a technology company that uses electrochemistry for advanced lithium extraction from tough mixtures. Founded by Mohammad Alkhadra in 2022, Lithios has now raised a total of $10.0M in total equity funding and is backed by Clean Energy Ventures, GS Futures, Lowercarbon Capital, Massachusetts Clean Energy Center, and TechEnergy Ventures.
MOLG – $5.5M
Sterling-based MOLG enables circular manufacturing, ensuring one products end is another’s beginning. Founded by Rob Lawson-Shanks in 2021, MOLG has now raised a total of $9.0M in total equity funding and is backed by ABB, Automation Ventures, Climate Pledge Fund, Closed Loop Partners, Elemental Impact, Overture VC, and Techstars.
Noetica AI – $22.0M
New York-based Noetica is an artificial intelligence-powered software platform that assists dealmakers in benchmarking corporate loan transactions. Founded by Daniel Wertman, Tom Effland, and Yoni Sebag in 2022, Noetica AI has now raised a total of $28.0M in total equity funding and is backed by Bling Capital, Company Ventures, Flybridge, Lightspeed Venture Partners, The LegalTech Fund, and Thomson Reuters Ventures.
RadiantGraph – $11.0M
San Francisco-based RadiantGraph is on a mission to make healthcare more accessible and user-friendly. Founded by Anmol Madan in 2023, RadiantGraph has now raised a total of $16.0M in total equity funding and is backed by M13, True Ventures, and XYZ Venture Capital.
