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 10/26/24 featuring funding details for Tour24, Zip, Finix, and twenty-seven other deals representing $1.2B in new funding that you need to know about.
Bluesky – $15.0M
Seattle-based Bluesky is a new social media platform. Founded by Jay Graber in 2021, Bluesky has now raised a total of $36.0M in total equity funding and is backed by Alumni Ventures, Amir Shevat, Blockchain Capital, Eterna Capital, Joseph Beda, SevenX Ventures, and True Ventures.
Globality – $47.0M
Palo Alto-based Globality is an AI-driven sourcing and procuremen company that utilizes advanced AI to create accurately scoped requirements. Founded by Joel Hyatt and Lior Delgo in 2015, Globality has now raised a total of $357.6M in total equity funding and is backed by Rollins Capital.
Concentric AI – $45.0M
San Jose-based Concentric AI delivers data risk assessment, monitoring, and protection for corporate data. Founded by Karthik Krishnan, Madhu Shashanka, and Shankar Subramaniam in 2018, Concentric AI has now raised a total of $67.0M in total equity funding and is backed by Ballistic Ventures, Citi Ventures, Clear Ventures, CyberFuture, Engineering Capital, HarbourVest Partners, and Top Tier Capital Partners.
Inspectify – $5.3M
Seattle-based Inspectify aims to develop a platform that helps inspectors, real estate professionals and home buyers alike. Founded by Denis Bellavance, Josh Jensen, and Taylor Zwisler in 2019, Inspectify has now raised a total of $22.5M in total equity funding and is backed by Hartford Steam Boiler and Munich Re Ventures.
interface.ai – $20.0M
San Francisco-based interface.ai is an award-winning out-of-the-box Intelligent Virtual Assistant(IVA) for Banks & Credit Unions. Founded by Srinivas Njay in 2019, interface.ai has now raised a total of $20.0M in total equity funding and is backed by Avataar Venture Partners.
Nooks – $43.0M
San Francisco-based Nooks is the fastest-growing AI dialing and prospecting platform, trusted by thousands of SDRs & AEs to cut out the busywork Founded by Daniel Lee, Nikhil Cheerla, and Rohan Suri in 2020, Nooks has now raised a total of $70.0M in total equity funding and is backed by Kleiner Perkins, Lachy Groom, and Tola Capital.
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Nimble Robotics – $106.0M
San Francisco-based Nimble Robotics is an AI robotics and e-commerce fulfillment technology company, automating the processes of picking and packing products. Founded by Simon Kalouche in 2017, Nimble Robotics has now raised a total of $221.0M in total equity funding and is backed by Cedar Pine and FedEx.
Outrider – $62.0M
Brighton-based Outrider develops robotic software and systems to automate logistics hub operations. Founded by Andrew Smith in 2017, Outrider has now raised a total of $253.0M in total equity funding and is backed by 8VC, ARK Investment Management, B37 Ventures, FM Capital, GOOSE Capital, Interwoven Ventures, Koch Disruptive Technologies, Lineage Ventures, New Enterprise Associates, NVentures, Presidio Ventures, Prologis Ventures, and Service Provider Capital.
Paccurate – $8.1M
Brooklyn-based Paccurate is a cartonization API that lowers shipping costs and speeds up shipping. Founded by James Malley in 2018, Paccurate has now raised a total of $13.8M in total equity funding and is backed by Grand Ventures, High Alpha, HPA (Hyde Park Angels), Las Olas Venture Capital, Royal Street Ventures, SpringTime Ventures, and Tech Square Ventures.
SchooLinks – $80.0M
Austin-based SchooLinks is a career readiness platform that engages students in career education and college planning and application. Founded by Katie Fang, Katie Fang, and Marcos Mena-Brena in 2015, SchooLinks has now raised a total of $90.6M in total equity funding and is backed by American Student Assistance, Stephens Group, Strada Education Innovation Fund, and Susquehanna Growth Equity.
Sidero Labs – $4.0M
Santa Barbara-based Sidero makes Talos OS, a modern operating system designed for Kubernetes, and Sidero Metal, which automates Kubernetes on bare metal. Founded by Andrew Rynhard, Brad Beam, and Timothy Gerla in 2019, Sidero Labs has now raised a total of $7.7M in total equity funding and is backed by Hiro Capital and Sony Innovation Fund.
Simbe Robotics – $50.0M
San Francisco-based Simbe Robotics builds automation solutions for shelf auditing and analytics. Founded by Bradley Bogolea, Jeff Gee, and Mirza Shah in 2014, Simbe Robotics has now raised a total of $104.0M in total equity funding and is backed by Eclipse Ventures, Goldman Sachs Alternatives, and Valo Ventures.
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Tour24 – $5.0M
Medfield-based Tour24 is a self-guided tour company that allows users to have a customized tour to properties at their convenience. Founded by Georgianna W. Oliver and John Doyle in 2020, Tour24 has now raised a total of $19.9M in total equity funding and is backed by RET Ventures.
Finix – $75.0M
San Francisco-based Finix is a full-stack payment processor that develops a payment processing platform for businesses. Founded by Richie Serna and Sean Donovan in 2015, Finix has now raised a total of $201.0M in total equity funding and is backed by Acrew Capital, Cap Table Coalition, Citi Ventures, Homebrew, Insight Partners, Inspired Capital Partners, LEAP Global Partners, Lightspeed Venture Partners, and Tribeca Venture Partners.
OncoLens – $16.0M
Atlanta-based OncoLens replaces the current labor intensive process of patient case collaboration and subsequent CoC accreditation in cancer care. Founded by Anju Mathew and Lijo Simpson in 2016, OncoLens has now raised a total of $27.9M in total equity funding and is backed by BIP Capital, Cross-Border Impact Ventures, Martin Ventures, and SeedToB Capital.
Zip – $190.0M
San Francisco-based Zip is an intake and procurement orchestration platform that enables users to initiate purchase requests across the enterprise. Founded by Lu Cheng and Rujul Zaparde in 2020, Zip has now raised a total of $371.3M in total equity funding and is backed by Adams Street Partners, Alkeon Capital, Bond, CRV, DST Global, and Y Combinator.
Urbint – $35.0M
Miami Beach-based Urbint is an AI platform for identifying and mitigating threats to workers, critical infrastructure, and communities. Founded by Corey Capasso, Josh Troy, and Ryan Schmukler in 2015, Urbint has now raised a total of $144.0M in total equity funding and is backed by Blue Bear Capital, Climate Investment, Energize Capital, National Grid Partners (NGP), S2G Ventures, and Zoma Capital.
CrewAI – $12.0M
San Francisco-based CrewAI is a multi-agent automation platform for enterprises to automate complex tasks. Founded by Joao Moura and Rob Bailey in 2023, CrewAI has now raised a total of $18.0M in total equity funding and is backed by Andrew Ng, Blitzscaling Ventures, Craft Ventures, Dharmesh Shah, Earl Grey Capital, and Insight Partners.
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.
Reality Defender – $33.0M
New York-based Reality Defender develops a detection platform to identify and assess risks associated with false media content. Founded by Ali Shahriyari, Ben Colman, and Gaurav Bharaj in 2021, Reality Defender has now raised a total of $48.5M in total equity funding and is backed by Accenture, Booz Allen Ventures, DCVC, IBM Ventures, Illuminate Financial, and The Jeffries Family Office.
Tennr – $37.0M
New York-based Tennr is a healthcare AI startup that provides an automation platform for medical documents. Founded by Diego Baugh, Trey Holterman, and Tyler Johnson in 2021, Tennr has now raised a total of $60.0M in total equity funding and is backed by Andreessen Horowitz, Foundation Capital, and Lightspeed Venture Partners.
Valon Technologies – $100.0M
New York-based Valon is a tech-enabled residential mortgage servicer. Founded by Andrew Wang, Eric Chiang, and Jonathan Hsu in 2019, Valon Technologies has now raised a total of $197.1M in total equity funding and is backed by Andreessen Horowitz and WestCap.
Okami Medical – $32.5M
Aliso Viejo-based Okami Medical develops and commercializes new devices for the treatment of heart disease. Founded by Brian J. Cox, Paul Lubock, and Robert Rosenbluth in 2011, Okami Medical has now raised a total of $42.7M in total equity funding and is backed by U.S. Venture Partners and Vensana Capital.
Carbon Ridge – $9.5M
Los Angeles-based Carbon Ridge is a technology that offers a fuel-independent method to decarbonize ships. Founded by Chase Dwyer and Jim McDermott in 2021, Carbon Ridge has now raised a total of $15.5M in total equity funding and is backed by Berge Bulk, Crosscut Ventures, Grantham Foundation, Katapult Ocean, Plug and Play, Rusheen Capital Management, Spitzer Industries, Inc., and Western Technology Investment.
Dyania Health – $10.0M
Jersey City-based Dyania Health develops a natural language processing designed to accelerate clinical research through EMR-based patient pre-screening Founded by Dimitrios Iliopoulos and Eirini Schlosser in 2019, Dyania Health has now raised a total of $15.3M in total equity funding and is backed by Cleveland Clinic Innovations, HealthX Ventures, and Tech Square Ventures.
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Freeform – $14.0M
Los Angeles-based Freeform is a 3D printing company offering metal 3D printing solutions for manufacturing companies. Founded by Erik Palitsch and Thomas Ronacher in 2018, Freeform has now raised a total of $59.0M in total equity funding and is backed by AE Industrial Partners and NVentures.
Fixify – $25.0M
Arlington-based Fixify is an AI powered managed service provider for IT support. Founded by Mase Issa, Matt Peters, and Peter Silberman in 2023, Fixify has now raised a total of $32.0M in total equity funding and is backed by Costanoa Ventures, Decibel Partners, Paladin Capital Group, and Scale Venture Partners.
TollBit – $24.0M
New York-based TollBit is a content monetization platform that allows AI bots and data scrapers to pay for content instead of scraping data from websites. Founded by Olivia Joslin and Toshit Panigrahi in 2023, TollBit has now raised a total of $31.0M in total equity funding and is backed by Jeff Dean, Lightspeed Venture Partners, Manuel Bronstein, and S32.
Carbon Robotics – $70.0M
Seattle-based Carbon Robotics is an AI-powered farming robotics company enhancing efficiency with precision agriculture tools. Founded by Paul Mikesell in 2018, Carbon Robotics has now raised a total of $143.9M in total equity funding and is backed by Anthos Capital, Bond, FUSE, Ignition Partners, NVentures, Revolution, Sozo Ventures, and Voyager Capital.
WarrCloud – $20.0M
Meridian-based WarrCloud’s proprietary software & Machine Learning algorithms “learn” from millions of analyzed claims to increase the speed. Founded by Jim Roche in 2017, WarrCloud has now raised a total of $27.4M in total equity funding and is backed by Automotive Ventures, Centana Growth Partners, and The Argentum Group.
Calicat – $3.0M
Chatsworth-based Calicat is a clean-energy company developing a proprietary electrocatalyst discovery process for electrolyser. Founded by Nathan Lewis in 2020, Calicat has now raised a total of $21.0M in total equity funding and is backed by Acario, Dolby Family Ventures, Freeflow Ventures, Hess Corporation, Jericho Energy Ventures, MOL Switch, Motus Ventures, and VoLo Earth Ventures.
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.
