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 4/5/25 featuring funding details for Butlr, Thatch, Gable, and seventeen other deals representing $41.58B (not a typo) in new funding that you need to know about.
atomic – $10.0M
Salt Lake City-based atomic is an online platform that specializes in lending and financial services. Founded by Jordan Wright and Scott Weinert in 2019, atomic has now raised a total of $78.6M in total equity funding and is backed by Capital One Ventures, Citi Ventures, and F.N.B. Corp..
Butlr – $7.0M
Burlingame-based Butlr is a physical AI startup that specializes in wireless anonymous people sensing and occupancy detection solutions. Founded by Honghao Deng and Jiani Zeng in 2019, Butlr has now raised a total of $75.0M in total equity funding and is backed by Ricoh, Taiwan Global Angels, and Wistron Corporation.
Cyberhaven – $100.0M
Palo Alto-based Cyberhaven is an AI-powered data security company focused on detecting and preventing data loss, insider threats, and protecting cloud data. Founded by Cristian Zamfir, George Candea, Radu Banabic, Vitaly Chipounov, and Volodymyr Kuznetsov in 2016, Cyberhaven has now raised a total of $236.5M in total equity funding and is backed by Adams Street Partners, Industry Ventures, Khosla Ventures, Redpoint, Schroders, and StepStone Group.
Ethic – $64.0M
New York-based Ethic develops technology that helps wealth advisors. Founded by Doug Scott, Jay Lipman, and Johny Mair in 2015, Ethic has now raised a total of $162.8M in total equity funding and is backed by State Street Global Advisors.
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Hydrolix – $80.0M
Portland-based Hydrolix is a data management company that specializes in providing solutions for storing, managing, and analyzing large-scale data. Founded by Hasan Alayli and Marty Kagan in 2018, Hydrolix has now raised a total of $145.0M in total equity funding and is backed by Akamai Technologies, AV8 Ventures, Blumberg Capital, Ericsson Ventures, Frontline Ventures, Nava Ventures, Oregon Venture Fund, PruVen Capital, QED Investors, S3 Ventures, Sozo Ventures, Uncorrelated Ventures, and Wing Venture Capital.
Opsera – $20.0M
Palo Alto-based Opsera provides an AI-powered DevOps platform that automates and streamlines the software delivery process. Founded by Chandra Ranganathan and Kumar Chivukula in 2020, Opsera has now raised a total of $51.3M in total equity funding and is backed by Alumni Ventures, Clear Ventures, Felicis, Hitachi Ventures, Prosperity7 Ventures, and Taiwania Capital Management Corporation.
Redpanda Data – $100.0M
San Francisco-based Redpanda Data is a streaming data platform that is compatible with Kafka, offering developer tools and a growing ecosystem of connectors. Founded by Alexander Gallego in 2019, Redpanda Data has now raised a total of $265.5M in total equity funding and is backed by Google Ventures and Lightspeed Venture Partners.
Gable – $20.0M
Seattle-based Gable is a shift-left data management platform for collaboration to write and execute data contracts. Founded by Adrian Kreuziger, Chad Sanderson, Daniel Dicker, and James Frost in 2023, Gable has now raised a total of $27.0M in total equity funding and is backed by B Capital, Barr Moses, Capital One Ventures, Crane Venture Partners, Databricks Ventures, IQT, Tristan Handy, and Zetta Venture Partners.
OpenAI – $40.0B
San Francisco-based OpenAI creates artificial intelligence technologies to assist with tasks and provide support for human activities. Founded by Andrej Karpathy, Durk Kingma, Elon Musk, Greg Brockman, Ilya Sutskever, John Schulman, Pamela Vagata, Sam Altman, Trevor Blackwell, Vicki Cheung, and Wojciech Zaremba in 2015, OpenAI has now raised a total of $57.6B in total equity funding and is backed by Altimeter Capital, Coatue, Microsoft, SoftBank, and Thrive Capital.
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Plaid – $575.0M
San Francisco-based Plaid develops financial technology infrastructure that enables applications to connect with users’ bank accounts and financial data. Founded by William Hockey and Zachary Perret in 2013, Plaid has now raised a total of $1.3B in total equity funding and is backed by BlackRock, Fidelity, Franklin Templeton, New Enterprise Associates, and Ribbit Capital.
SandboxAQ – $150.0M
Palo Alto-based SandboxAQ develops AI and quantum technology solutions that enhances cybersecurity and materials science. Founded by Jack Hidary in 2016, SandboxAQ has now raised a total of $950.0M in total equity funding and is backed by BNP Paribas, Google, Horizon Kinetics LLC, NVIDIA, and Ray Dalio.
Temporal Technologies – $146.0M
Bellevue-based Temporal Technologies provides an open-source platform that simplifies the development of scalable and resilient applications. Founded by Maxim Fateev and Samar Abbas in 2019, Temporal Technologies has now raised a total of $349.5M in total equity funding and is backed by 137 Ventures, Amplify Partners, Conversion Capital, Hanwha Asset Management, Index Ventures, MongoDB Ventures, Sequoia Capital, StepStone Group, and Tiger Global Management.
Thatch – $40.0M
San Francisco-based Thatch is a health benefits platform that enables businesses to manage employee healthcare. Founded by Adam Stevenson and Chris Ellis in 2021, Thatch has now raised a total of $84.0M in total equity funding and is backed by ADP Ventures, Andreessen Horowitz, General Catalyst, Index Ventures, PeopleTech Partners, SemperVirens Venture Capital, and The General Partnership.
Venteur – $20.0M
San Francisco-based Venteur is an ICHRA administrator providing affordable health insurance solutions. Founded by Stacy Edgar and Timothy Edgar in 2021, Venteur has now raised a total of $27.7M in total equity funding and is backed by American Family Ventures, Catalyst by Wellstar, Houghton Street Ventures, Informed Ventures, Ingeborg Investments, Morgan Health, Plug and Play, Revelry Venture Partners, and Techstars.
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.
Restor3d – $38.0M
Durham-based Restor3d creates 3D-printed orthopedic implants using Artificial Intelligence and biomaterials to enhance personalized musculoskeletal care. Founded by Andrew Miller and Ken Gall in 2017, Restor3d has now raised a total of $172.7M in total equity funding and is backed by Summers Value Partners.
SchoolAI – $25.0M
Lehi-based SchoolAI gives educators the time, data, and tools to design a better, more personalized classroom experience. Free for teachers. Founded by Caleb Hicks in 2021, SchoolAI has now raised a total of $25.0M in total equity funding and is backed by Insight Partners, NextView Ventures, Peterson Ventures, and The General Partnership.
Solace – $60.0M
Austin-based Solace is a digital health platform that connects patients with professional health advocates. Founded by Jeremy Gurewitz and Sara Sargent in 2022, Solace has now raised a total of $74.0M in total equity funding and is backed by Craft Ventures, Inspired Capital Partners, Menlo Ventures, SignalFire, and Torch Capital.
AttoTude – $50.0M
Menlo Park-based AttoTude is a THz interconnect technology company using THz radios to enhance bandwidth for AI and hyperscale data centers. Founded by Dave Welch and Joy Laskar in 2024, AttoTude has now raised a total of $90.0M in total equity funding and is backed by Canaan Partners, Mayfield Fund, Sutter Hill Ventures, The Westly Group, and Wing Venture Capital.
Retym – $75.0M
Cupertino-based Retym is a semiconductor startup that builds semiconductor technology to transform the data center and telecommunications industries. Founded by Aharon El-Bahar and Sachin Gandhi in 2020, Retym has now raised a total of $115.4M in total equity funding and is backed by Fidelity, Kleiner Perkins, Mayfield Fund, and Spark Capital.
