I consent to receive newsletters via email. Terms of use and Privacy policy.

Happy Monday! This free edition of The Funding Letter comes to you from our headquarters in New York City.

Heads up: This newsletter is redacted, and the full version was sent to paying members hours ago, with six companies posting Sales Gigs.

Members receive LinkedIn/Sales Nav links for prospecting, all open sales gig postings, and in depth data points to personalize outreach.

Want to see what you're missing?

🔓 Unlock the full TFL & our Datasets (stay ahead of the competition)
🤖 Ask TFL Analyst AI ("What companies in NYC raised funding last month?")
📉 Get the Bootstrap Report (Hidden profitable companies)

💥Weekly Recap Google Sheet💥 We compile all of the previous week’s funding announcements into an easily searchable dataset. Upgrade today to learn who raised funding last week.

Hit the Gong 🎉

Instagram post
Source: @sales_bant_er

Daily Deals 💸

🌎 Americas

Cart.com develops unified commerce and logistics software that scales businesses online, enabling users to take control of their online business and increase revenue.

New Funding Raised: $180M, Venture - Series Undisclosed

Round Investors: Springcoast Capital Partners (lead), PayPal Ventures, Oak HC/FT, Arsenal Growth Equity

🚀Growth Focus: Support the development of advanced workflow automation tools, predictive analytics, and agentic AI solutions.

HQ: Houston, TX

Industry: Software Development

Employee Count: 110

Sage develops elder assistance software that connects with their loved ones through voice, allowing elders to maintain independence and helping users take care of elders in their time of need.

New Funding Raised: $65M, Series C

Round Investors: Goldman Sachs Alternatives (lead)

🚀Growth Focus: Expand its AI-powered platform that improves care delivery for older adults while reducing the operational burden on caregivers.

HQ: New York, NY

Industry: Software Development

Employee Count: 125

Nominal’s data infrastructure and analytics platform help engineering teams efficiently test and validate complex hardware systems, enabling hardware developers in aerospace, defence, automotive, and industrial sectors to have a more reliable system testing.

New Funding Raised: $80M, Series B

Round Investors: Founders Fund (lead), Avenir, Haystack, General Catalyst

🚀Growth Focus: Accelerate the development of its tools for the Progress Suite, triple its engineering headcount, and expand its operational footprint across its global offices in Austin, New York, Los Angeles, Washington D.C., and London.

HQ: Los Angeles, CA

Industry: Software Development

Employee Count: 170

Atavistik Bio operates a biopharmaceutical company that focuses on the discovery and development of novel therapies for metabolic diseases and cancer, allowing pharmaceutical and biotechnology organizations to identify novel drug targets, generate mechanistically informed therapeutic candidates, and evaluate biological relevance with greater precision.

New Funding Raised: $40M, Series B

Round Investors: RA Capital Management (lead), The Column Group, Nextech Invest, Lux Capital

🚀Growth Focus: Enable clinical development of ATV-1601, an oral allosteric AKT1-selective inhibitor for the treatment of Hereditary Hemorrhagic Telangiectasia, and the advancement of its JAK2 V617F mutant-selective inhibitor program for myeloproliferative neoplasms through clinical proof of concept.

HQ: Cambridge, MA

Industry: Biotechnology Research

Employee Count: 38

Zeno operates a motor company that provides climate-conscious vehicles, enabling users with sustainable transportation options and facilitating payments and flexible ownership via battery-as-a-service and financing options.

New Funding Raised: $20.5M, Series A

Round Investors: Congruent Ventures (lead), Active Impact Investments, Lowercarbon Capital

🚀Growth Focus: Expand its pioneering app-controlled battery-swap network and ramp up production of its Emara motorcycles.

HQ: Bozeman, MT

Industry: Motor Vehicle Manufacturing

Employee Count: 88

Introducing the TFL Sales Stack - our exclusive partner program with elite sales tools to help you prospect faster, and make even more opportunities from The Funding Letter.

We’ve partnered with three elite tech platforms: Wiza, Trellus, and Salesforge, to bring exclusive discounts to our annual members.

  • $150+ in credits & discounts

  • Wiza: [100 free email + 100 free phone credits] The world’s largest and most accurate prospecting platform—trusted by over 55,000 sales, marketing, and recruiting professionals.

  • Trellus: [One Month Free] Real-time AI coaching during cold calls to help sales reps improve their conversations instantly.

  • Salesforge: [One Month Free] An all-in-one sales execution super app to give every sales team the highest probability of hitting their target.

  • ..and many more tools to be added throughout this year!

Using just one of these codes covers the entire cost of the TFL Membership, so you get immediate ROI. And we’re just getting started.

City Detect develops an AI platform that generates a report on the exterior condition of housing, allowing local governments and nonprofits to target resources where they are most needed.

New Funding Raised: $13M, Series A

Round Investors: Prudence (lead), Zeal Capital Partners, Knoll Ventures, Atlanta Seed Company

🚀Growth Focus: Support to hire more engineers and advance some of the storm-detection damage technology. It also wants to expand throughout the U.S.

HQ: Tuscaloosa, AL

Industry: IT Services and IT Consulting

Employee Count: 19

Voomi Supply operates an online HVAC and plumbing supply platform that simplifies equipment sourcing for residential and commercial projects, enabling contractors and homeowners to access quick shipping, broad product selection, and reliable procurement support for installation and replacement needs.

New Funding Raised: $10M, Series A

Round Investors: Asymmetric Capital Partners (lead), Highmount Capital

🚀Growth Focus: Accelerate the modernization of procurement across fragmented supply markets.

HQ: Tuscaloosa, AL

Industry: IT Services and IT Consulting

Employee Count: 39

UnityAI develops an AI-enabled care orchestration platform that creates efficient, harmonious care environments, allowing healthcare organizations to achieve clinical outcomes, improve patient experience, and reduce costs.

New Funding Raised: $8.5M, Series A

Round Investors: Third Prime (lead), Max Ventures, Nashville Capital Network, Whistler Capital Partners

🚀Growth Focus: Support its continued efforts to scale go-to-market execution and extend its AI-powered operational capabilities.

HQ: Nashville, TN

Industry: Technology, Information, and Internet

Employee Count: 23

Diligence Squared provides AI-powered market research and commercial due diligence services for investors, private equity firms, and businesses, enabling users to evaluate markets, competitors, and potential investments.

New Funding Raised: $5M, Seed

Round Investors: Relentless (lead), Y Combinator

🚀Growth Focus: Expand its rapid expansion as adoption grows among investment firms seeking faster and lower-cost ways to evaluate potential deals.

HQ: San Francisco, CA

Industry: Market Research

Employee Count: 10

🌍 EMEA

VALIDIO develops a data reliability platform that tracks data failures in real-time, allowing data teams to directly eliminate bad data, make correct decisions, and build products.

New Funding Raised: $30M, Series A

Round Investors: Plural (lead), Lakestar, Kevin Ryan, Emil Eifrem

🚀Growth Focus: Expand globally and strengthen its technology to ensure trusted enterprise data in the AI era.

HQ: Stockholm, Sweden

Industry: Software Development

Employee Count: 38

Lio develops a text-automating platform for procurement, starting with automating free-text requests and guidance of employees, enabling businesses to reduce manual processes and invoice matching problems.

New Funding Raised: $30M, Series A

Round Investors: Andreessen Horowitz (lead), Y Combinator, Harry Stebbings, SV Angel

🚀Growth Focus: Accelerate product development and expand its presence in the United States.

HQ: Munich, Germany

Industry: Software Development

Employee Count: 77

Diligent’s due diligence platform automates routine tasks, allowing businesses to improve risk and anti-money laundering compliance.

New Funding Raised: €2.1M, Seed

Round Investors: Speedinvest (lead), Y Combinator, Shapers

🚀Growth Focus: Expand its product capabilities by launching additional AI agents designed for new compliance task categories.

HQ: London, England

Industry: Technology, Information, and Internet

Employee Count: 10

Groundhawk develops an underground cable mapping system that improves accuracy and reliability in construction projects, enabling construction companies to plan work more accurately, meet regulatory requirements, and reduce rework and project risk.

New Funding Raised: €2M, Seed

Round Investors: 2C Ventures (lead), Greencode Ventures (lead)

🚀Growth Focus: Accelerate its expansion across European markets and support the development of its spatial intelligence platform.

HQ: Espoo, Finland

Industry: IT Services and IT Consulting

Employee Count: 10

Vectrix develops an AI automation platform that streamlines order processing and logistics workflows for transport operators, allowing logistics teams to accelerate order handling, reduce manual workload, and integrate with existing transport management systems.

New Funding Raised: €1.15M, Seed

Round Investors: RDY Ventures (lead), Prequel Ventures, Seeder Fund, PMV

🚀Growth Focus: Support its expansion across Europe, and drive further product development, including deeper integrations with transport management systems.

HQ: Antwerp, Belgium

Industry: Software Development

Employee Count: 5

Cheer Games operates a mobile gaming studio that creates casual puzzle games with gameplay, enabling mobile gaming audiences to blend accessible mechanics with deeper games, live ops, and advanced monetization.

New Funding Raised: $4.5M, Pre-Seed

Round Investors: Makers Fund (lead), Play Ventures

🚀Growth Focus: Accelerate development of its upcoming slate of games and expand its Barcelona headquarters.

HQ: Barcelona, Spain

Industry: Mobile Gaming Apps

Employee Count: 13

Sales Gigs 🏆

📬 Questions? Feedback? Email us at [email protected]! We incorporate all user feedback into our product. Nothing is off-limits.