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 3/11/23 featuring funding details for RangeForce, Speedscale, Humane, and eighteen other deals representing $950M in new funding that you need to know about.
Anthropic – $300.0M
San Francisco-based Anthropic is an AI-driven research company that focuses on increasing the safety of large-scale AI systems. Founded by Daniela Amodei, Dario Amodei, Jack Clark, Sam McCandlish, and Tom Brown in 2021, Anthropic has now raised a total of $1.3B in total equity funding and is backed by Google, Sam Bankman-Fried, Caroline Ellison, Spark Capital, and Eric Schmidt.
Assured Allies – $42.5M
Boston-based Assured Allies is on a mission to make successful aging accessible. Founded by Afik Gal and Roee Nahir in 2017, Assured Allies has now raised a total of $65.0M in total equity funding and is backed by Hamilton Lane, Samsung NEXT, MS&AD Ventures, Harel Insurance Investments and Financial Services, and Core Innovation Capital.
Cognosos – $25.0M
Atlanta-based Cognosos is a real-time IoT intelligence platform that provides visibility to the location and state of distributed assets and inventory Founded by Jim Stratigos, Nish Parikh, and Sanjoy Malik in 2015, Cognosos has now raised a total of $38.1M in total equity funding and is backed by Cox Enterprises, Riverwood Capital, Peter Kight, and Covent Partners.
DiffusionData – $1.0M
Los Gatos-based DiffusionData is a technology company that builds intelligent real-time applications for companies worldwide. Founded by Sean Bowen in 2006, DiffusionData has now raised a total of $18.7M in total equity funding and is backed by Tern, Guinness Ventures, Maven Capital Partners, Velo Partners, and Stephens Capital Partners.
The AlleyWatch 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 NYC business community and beyond. Learn more about advertising to NYC Tech, at scale.
Droit – $23.0M
New York-based Droit is a technology firm that offers a platform focused on computational law and regulation within finance and other domains. Founded by Anup Menon, Brock Arnason, and Satya Pemmaraju in 2012, Droit has now raised a total of $39.0M in total equity funding and is backed by Goldman Sachs, UBS, Wells Fargo & Company, DRW Venture Capital, and GS Growth.
Growfin – $7.5M
Marietta-based Growfin is a finance CRM purpose-built for streamlining and automating your receivables process across teams, collaboratively. Founded by Aravind Gopalan and Raja Jayaraman in 2020, Growfin has now raised a total of $8.9M in total equity funding and is backed by 3one4 Capital, and SWC Global.
Houseware – $2.1M
San Francisco-based Houseware is a modern revenue engine for B2B SaaS to work with metrics, build intelligent workflows & drive predictable revenue outcomes. Founded by Divyansh Saini and Shubhankar Srivastava in 2021, Houseware has now raised a total of $2.1M in total equity funding and is backed by Better Capital, GTMfund, and Tanglin Venture Partners.
Humane – $100.0M
San Francisco-based Humane is a platform that creates and sells consumer hardware, software, and services. Founded by Bethany Bongiorno and Imran Chaudhri in 2017, Humane has now raised a total of $230.0M in total equity funding and is backed by Socium Ventures, Microsoft, Tiger Global Management, Lachy Groom, and Qualcomm Ventures.
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MentorcliQ – $80.0M
Columbus-based MentorcliQ is an employee mentoring software platform that helps upskill and retain employees. Founded by Andy George, Miles Ulrich, and Phil George in 2012, MentorcliQ has now raised a total of $89.8M in total equity funding and is backed by Providence Strategic Growth (PSG), Rev1 Ventures, Service Provider Capital, Plymouth Growth, and Ohio TechAngels Fund.
Monnai – $6.5M
San Francisco-based Monnai is the global consumer insight infrastructure for fintech. Founded by Pierre Demarche and Ravish Patel in 2021, Monnai has now raised a total of $10.7M in total equity funding and is backed by 500 Global, Tiger Global Management, Better Tomorrow Ventures, Commerce Ventures, and Kearny Jackson.
Plus One Robotics – $50.0M
San Antonio-based Plus One Robotics develops a parcel-handling robotics platform for logistics applications. Founded by Erik Nieves, Paul Hvass, and Shaun Edwards in 2016, Plus One Robotics has now raised a total of $93.6M in total equity funding and is backed by Lerer Hippeau, ff Venture Capital, Top Tier Capital Partners, Dynamo, and CEAS Investments.
RangeForce – $20.0M
Manassas-based RangeForce is a SaaS-based human cyber defense readiness platform that continuously develops defensive skills against the latest threats. Founded by Jaanus Kink, Margus Ernits, Sten Reimann, and Taavi Must in 2019, RangeForce has now raised a total of $38.1M in total equity funding and is backed by Techstars, Energy Impact Partners, Paladin Capital Group, Trind Ventures, and Cisco Investments.
Roami – $14.0M
Miami-based Roami provides Navigating the future of hospitality. Founded by Andreas King-Geovanis, Azat Shaidullin, and Iskander Karimov in 2015, Roami has now raised a total of $29.2M in total equity funding and is backed by VIGO Capital.
SOCi – $120.0M
San Diego-based SOCi is a marketing platform for multi-location brands. Founded by Afif Khoury, Alo Sarv, and Tony Rindsberg in 2012, SOCi has now raised a total of $235.5M in total equity funding and is backed by Renew Group, Stanford University, JMI Equity, Vertical Venture Partners, Ankona Capital Partners.
The AlleyWatch 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 NYC business community and beyond. Learn more about advertising to NYC Tech, at scale.
Speedscale – $9.0M
Atlanta-based Speedscale allows users to stress test cloud services with real-world scenarios. Founded by Ken Ahrens, Matthew LeRay, and Nate Lee in 2020, Speedscale has now raised a total of $12.0M in total equity funding and is backed by Y Combinator, Correlation Ventures, Sierra Ventures, Grotech Ventures, and Tech Square Ventures.
Starfish Space – $14.0M
Seattle-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 $21.5M in total equity funding and is backed by Creative Destruction Lab (CDL), NFX, Starburst Accelerator, Boost VC, and Toyota Ventures.
Synctera – $15.0M
San Francisco-based Synctera is a Banking as a Service (BaaS) company that develops and launches FinTech apps and embedded banking products for many industries. Founded by Dominik Weisserth, Kris Hansen, and Peter Hazlehurst in 2020, Synctera has now raised a total of $60.4M in total equity funding and is backed by Gaingels, Lightspeed Venture Partners, Pareto Holdings, Veritex Bank, and Mastercard.
The Believer Company – $55.0M
West Hollywood-based The Believer Company is a game development studio dedicated to putting the player at the center of their games. Founded by Michael Chow, Shankar Gupta-Harrison, and Steven Snow in 2022, The Believer Company has now raised a total of $80.0M in total equity funding and is backed by Riot Games, Andreessen Horowitz, Alumni Ventures, Lightspeed Venture Partners, and BITKRAFT Ventures.
Vantage – $21.0M
New York-based Vantage is a cloud cost management and optimization platform that allows developers to analyze, report on, and reduce cloud costs. Founded by Ben Schaechter and Brooke McKim in 2020, Vantage has now raised a total of $25.0M in total equity funding and is backed by Andreessen Horowitz, Matthew Prince, Harpoon, Marc Bhargava, and Scale Venture Partners.
Wheel the World – $6.0M
Berkeley-based Wheel the World is an online travel agency focused on accessible travel for people with disabilities. Founded by Alvaro Silberstein and Camilo Navarro Bustos in 2017, Wheel the World has now raised a total of $10.0M in total equity funding and is backed by Meta, Plug and Play, Open World Accelerator, Start-Up Chile, and Google Launchpad Accelerator.
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- Source: https://www.alleywatch.com/2023/03/the-weekly-notable-startup-funding-report-3-13-23/
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