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 11/16/24 featuring funding details for Chaos, Outbuild, ScaleOps, and fourteen other deals representing $826M in new funding that you need to know about.
Homethrive – $20.0M
Northbrook-based Homethrive is a healthcare service company that provides support for employee caregivers, aging adults, and those with special needs. Founded by Dave Jacobs and David Greenberg in 2018, Homethrive has now raised a total of $78.5M in total equity funding and is backed by 7wire Ventures, Allianz, Human Capital, Outcomes Collective, Pitango VC, TELUS Ventures, and The K Fund.
ScaleOps – $58.0M
New York-based ScaleOps is a platform that automates Kubernetes resource management in real-time. Founded by Guy Baron and Yodar Shafrir in 2022, ScaleOps has now raised a total of $79.5M in total equity funding and is backed by Glilot Capital Partners, Lightspeed Venture Partners, NFX, and Picture Capital.
Starfish Space – $29.0M
Tukwila-based Starfish Space develops and manufactures autonomous space vehicles that perform in-orbit, satellite servicing missions. Founded by Austin Link and Trevor Bennett in 2018, Starfish Space has now raised a total of $58.0M in total equity funding and is backed by Booz Allen Ventures, Industrious Ventures, Jackson Moses, Munich Re Ventures, NFX, Point72 Ventures, Shield Capital, Toyota Ventures, and Trousdale Ventures.
Substack – $10.0M
San Francisco-based Substack is a subscription-based newsletter publishing platform for independent writers. Founded by Christopher Best, Hamish McKenzie, and Jairaj Sethi in 2017, Substack has now raised a total of $100.2M in total equity funding and is backed by Haroon Mokhtarzada, Mark Pincus, Nate Silver, Naval Ravikant, and Omeed Malik.
Chaos – $145.0M
Los Angeles-based Chaos Industries develops advanced technologies for defense and critical industries. Founded by Bo Marr, Brett Cummings, Gavin Hood, and John Tenet in 2022, Chaos has now raised a total of $215.0M in total equity funding and is backed by 8VC, Accel, Lerner Enterprises, Overmatch Ventures, and Silent Ventures.
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Ennoventure – $8.9M
Cambridge-based Ennoventure is a Saas firm that offers anticounterfeiting and brand engagement services. Founded by Padmakumar Nair and Shalini Nair in 2018, Ennoventure has now raised a total of $14.9M in total equity funding and is backed by Fenice Investment Group and Tanglin Venture Partners.
Prokeep – $25.0M
New Orleans-based Prokeep is a customer engagement platform that enhances distributor communication. Founded by Jack Carrere, Mark Kanof, and McKay Johnson in 2016, Prokeep has now raised a total of $59.0M in total equity funding and is backed by Benson Capital Partners, Dahlia Equity Partners, Ironspring Ventures, and S3 Ventures.
Radiant – $100.0M
El Segundo-based Radiant develops portable nuclear microreactors as clean energy alternatives. Founded by Doug Bernauer in 2019, Radiant has now raised a total of $153.8M in total equity funding and is backed by Also Capital, Andreessen Horowitz, Boost VC, Chevron Technology Ventures, DCVC, Decisive Point, Felicis, Founders Fund, McKinley Capital Management, Union Square Ventures, and Washington Harbour Partners.
Writer – $200.0M
San Francisco-based Writer is a software firm that develops a full-stack generative AI platform delivering transformative ROI for enterprises. Founded by May Habib and Waseem AlShikh in 2020, Writer has now raised a total of $326.0M in total equity funding and is backed by Accenture, Adobe Ventures, B Capital, Balderton Capital, Citi Ventures, Gradient, IBM Ventures, ICONIQ Growth, Insight Partners, PremjiInvest, Radical Ventures, Salesforce Ventures, Vanguard, and Workday Ventures.
Firefly Aerospace – $175.0M
Cedar Park-based Firefly Aerospace is an end-to-end responsive space services company that provides space access for government and commercial customers. Founded by Eric Salwan, Max Polyakov, Michael Blum, PJ King, and Thomas Markusic in 2014, Firefly Aerospace has now raised a total of $646.6M in total equity funding and is backed by GiantLeap Capital, Human Element VC, and RPM Ventures.
Outbuild – $11.0M
San Francisco-based Outbuild is a construction-focused scheduling and planning platform. Founded by Franco Giaquinto in 2015, Outbuild has now raised a total of $14.8M in total equity funding and is backed by Benhamou Global Ventures, Hilti Venture, Sway Ventures, Trimble Ventures, and Zacua Ventures.
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Bounce – $19.0M
San Francisco-based Bounce provides luggage storage for travelers and tourists in cities across the world. Founded by Aleksander Rendtslev and Cody Candee in 2018, Bounce has now raised a total of $34.2M in total equity funding and is backed by Andreessen Horowitz, FJ Labs, General Catalyst, Sapphire Sport, Shilling, Thayer Ventures, and The Twenty Minute VC.
OneCrew Software – $3.3M
San Francisco-based OneCrew Software connects end-to-end operations for residential and commercial paving contractors with data-driven solutions. Founded by Ari Bleemer and Max Kostow in 2021, OneCrew Software has now raised a total of $5.5M in total equity funding and is backed by Alaris Capital, Bienville Capital, and Entourage.
Starform – $6.0M
Seattle-based Starform was started by industry veterans with the goal of changing the way people play games together. Founded by Josh Rosen, Lou Fasulo, and Taylor Daynes in 2018, Starform has now raised a total of $12.6M in total equity funding and is backed by BITKRAFT Ventures and Dune Ventures.
BetHog – $6.0M
New York-based BetHog is a new crypto sports book that brings home the bacon. Founded by Nigel Eccles in 2024, BetHog has now raised a total of $6.0M in total equity funding and is backed by 6th Man Ventures, Advancit Capital, Bullpen Capital, Chris Grove, Josh Hannah, Karatage, and Will Ventures.
Copernic Catalysts – $8.0M
Cambridge-based Copernic Catalysts develops sustainable chemical catalysts and processes. Founded by Jacob Grose in 2020, Copernic Catalysts has now raised a total of $10.0M in total equity funding and is backed by Breakout Ventures, Engine Ventures, Future Ventures, Impact Science Ventures, Innospark Ventures, and New Climate Ventures.
Connecty AI – $1.8M
San Francisco-based Connecty AI is an enterprise software company that offers a platform for automated data prep, optimization and analytics. Founded by Aish Agarwal in 2023, Connecty AI has now raised a total of $1.8M in total equity funding and is backed by Maciej Zawadzinski, Marcin Zukowski, Market One Capital, and Notion 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.
