Good Morning! This exclusive edition of The Funding Letter comes to you from our headquarters in New York City. 🔥New Sales Gigs from Replit & Legora below!
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Daily Deals 💸
🌎 Americas
Turquoise provides healthcare information services that reduce the cost and complexity of healthcare by simplifying administration, enabling individuals to save money on elective treatments by comparing prices and healthcare organizations and professionals to drive volume for both cash-paying and insured patients.
New Funding Raised: $40M, Series C
Round Investors: Oak HC/FT (lead), Adams Street Partners, Yosemite, Andreessen Horowitz
🚀Growth Focus: Scale go-to-market efforts, accelerate the buildout of the product roadmap, and increase headcount.
Press: Business Wire, SiliconANGLE
HQ: San Diego, CA
Industry: Software Development
Employee Count: 20
Knox operates a FedRAMP and cloud security company that deploys applications, allowing government agencies and government contracting organizations to deploy secure cloud operations, reduce compliance burdens, and handle sensitive data under stringent regulatory requirements.
New Funding Raised: $25M, Series A
Round Investors: B Capital (lead), Benchstrength, Okta Ventures, MongoDB Ventures
🚀Growth Focus: Scale its platform and accelerate access to federal markets for commercial software providers.
Press: PR Newswire, Pulse 2.0
HQ: Austin, TX
Industry: Computer and Network Security
Employee Count: 41
Tracebit develops a computer and network security application that proactively detects intrusions across your organization, enabling users to get safe and secure network management services.
New Funding Raised: $20M, Series A
Round Investors: FirstMark (lead), Tapestry VC, Accel, Cyber Club London
🚀Growth Focus: Accelerate its U.S. expansion, grow its go-to-market and engineering teams in its new New York office, and support the rollout of advanced deception products, including support for Google Cloud Platform.
Press: Startup Researcher, FinSMEs
HQ: New York, NY + London, England
Industry: Computer and Network Security
Employee Count: 34
Conduit Health develops a digital platform that provides home medical equipment to patients, allowing them to get the home medical equipment and supplies they need.
New Funding Raised: $17M, Series A
Round Investors: Drive Capital (lead), Nihal Mehta, XYZ Ventures, Twelve Below
🚀Growth Focus: Expand its vertically-integrated model that brings clinical care, insurance authorization, and medical supply fulfillment together under one coordinated structure.
HQ: New York, NY
Industry: Hospitals and Health Care
Employee Count: 33
Definity develops a centralized workforce management platform for healthcare operational purposes, enabling health systems to consolidate fragmented talent streams into a single visibility layer while reducing dependency on external agencies and improving internal clinician mobility and retention.
New Funding Raised: $7M, Series A
Round Investors: Accrete Health Partners (lead)
🚀Growth Focus: Support its efforts to scale its platform, expand its team, and accelerate innovation as health systems face mounting pressure to manage labor costs, workforce shortages, and evolving care delivery models.
Press: Pulse 2.0, Business Wire
HQ: Covington, KY
Industry: Software Development
Employee Count: 19
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RoboForce operates an AI robotics system for automating labor-intensive tasks, allowing industries to improve operational efficiency, reduce reliance on human labor for repetitive and hazardous work, and enhance productivity through advanced automation technologies.
New Funding Raised: $52M, Seed
Round Investors: YZi Labs (lead), Carnegie Mellon University, Gary Rieschel, Myron Scholes
🚀Growth Focus: Support research, development, and global market expansion.
Press: Pulse 2.0, Business Wire
HQ: Milpitas, CA
Industry: Robotics Engineering
Employee Count: 32
Zero RFI develops an AI-driven construction services platform, enabling the acquisition and transformation of construction management firms to improve project delivery for owners and developers.
New Funding Raised: $13.8M, Seed
Round Investors: General Catalyst (lead)
🚀Growth Focus: Support for AI construction platform launch and roll-up strategy.
HQ: Atlanta, GA
Industry: Construction
Employee Count: 50
Understood Care provides patient advocacy and care navigation services that assist with healthcare coordination, benefits understanding, and service access, allowing Medicare beneficiaries and families to manage healthcare processes and reduce administrative complexity.
New Funding Raised: $5M, Seed
Round Investors: Rethink Education (lead), Zeal Capital Partners (lead)
🚀Growth Focus: Accelerate development of Ava, its AI co-pilot, and deepen partnerships with providers, payers, and community organizations, positioning it to tackle one of the most persistent, costly, and urgent challenges in US healthcare: care navigation.
Press: Yahoo Finance, Pulse 2.0
HQ: New York, NY
Industry: Health and Human Services
Employee Count: 24
Kudwa develops a financial management platform that provides financial clarity to run a business, enabling small and medium enterprises to make financial decisions, cut decision-making time, and boost profitability.
New Funding Raised: $1.1M, Seed
Round Investors: Sparked Ventures, F6 Ventures, Iraq Venture Partners, 1818 Venture Capital
🚀Growth Focus: Fuel product development, team expansion, and growth across Gulf markets.
Press: Startup Researcher, FWDStart
HQ: San Francisco, CA
Industry: Financial Services
Employee Count: 8
🌍 EMEA
Upvest develops an Investment API that empowers financial institutions to offer investment products in their app with a modular, scalable, and accessible alternative, allowing businesses to build secure investment experiences for end-users across international borders.
New Funding Raised: $90M, Series D
Round Investors: Sapphire Ventures (lead), Tencent (lead), BlackRock, Bessemer Venture Partners
🚀Growth Focus: Fuel the expansion of its platform, the rollout of localized pension products, and the integration of AI-driven wealth solutions.
Press: Pulse 2.0, Startup Researcher
HQ: Berlin, Germany
Industry: Financial Services
Employee Count: 44
R1 Therapeutics develops first-in-class therapies for kidney disease, enabling novel treatment approaches for conditions such as hyperphosphatemia in chronic kidney disease patients.
New Funding Raised: $77.5M, Series A
Round Investors: Abingworth (lead), DaVita Venture Group (lead), F-Prime (lead), Curie.Bio
🚀Growth Focus: Support the global development of AP306, including a Phase IIb clinical trial set to commence later this year.
Press: BioXconomy, GlobeNewswire
HQ: London, England
Industry: Biotechnology Research
Employee Count: 10
Webel develops a mobile application that enables users to book at-home services conveniently, allowing individuals seeking home-based services to access trusted professionals with ease and peace of mind.
New Funding Raised: €4.3M, Seed
Round Investors: Trind Ventures (lead), Tiburon, Decelera
🚀Growth Focus: Support marketing initiatives and product development to expand the number of services available on the platform and strengthen its technological capabilities.
Press: EU-Startups, Tech Funding News
HQ: Madrid, Spain
Industry: Individual and Family Services
Employee Count: 30
Alomana operates an AI operating system that helps enterprises transform their processes, data, and knowledge into autonomous workflows, enabling large organizations to automate operations and improve efficiency.
New Funding Raised: €4M, Seed
Round Investors: CDP Venture Capital (lead), Italian Angels for Growth, Kairos Ventures, Founders Factory
🚀Growth Focus: Expand its enterprise AI capabilities, strengthen its autonomy features, and support large-scale deployments outside Italy.
HQ: Milan, Italy
Industry: Software Development
Employee Count: 14
SEQUENTIAL’s microbiome testing and formulation platform advances consumer skin microbiome analysis and research, allowing the personal care, beauty, and pharmaceutical brands to generate science-backed claims and differentiate products.
New Funding Raised: $3.5M, Seed
Round Investors: Corundum Systems Biology (lead), Sparkfood (lead), SOSV, Innovate UK
🚀Growth Focus: Develop an AI-powered discovery engine built on this dataset, aimed at predicting, optimizing, and discovering next-generation bioactive ingredients and active complexes.
Press: Pulse 2.0, Yahoo Finance
HQ: London, England
Industry: Biotechnology Research
Employee Count: 18
Delfos Energy develops AI-driven asset management software for renewable energy plants, enabling operators to monitor performance, predict faults, and optimize power generation across wind, solar, and hydro assets.
New Funding Raised: €3M, Seed
Round Investors: EDP Ventures, DOMO.VC, Vox Capital, Contrarian Ventures
🚀Growth Focus: Support the continued expansion of its AI-powered “virtual engineer” platform for renewable energy infrastructure operators.
Press: EU-Startups, Pulse 2.0
HQ: Barcelona, Spain
Industry: Software Development
Employee Count: 15
Sales Gigs 🏆
⭐️Replit (LI) is hiring Enterprise AEs for its NYC and Foster City (Bay Area) based teams.
Legora (LI) is hiring Mid-Market & Enterprise GTM Managers across the US.
Nimble (LI) is hiring Enterprise AEs for its NYC and West Coast teams, as well as a RevOps leader and BDRs, based in NYC.
Encord (LI) is hiring AEs for its London and SF-based teams, as well as a BDR Manager for its SF-based team.
Braintrust (LI) is hiring tons of sales roles, including Strategic, Commercial, and Enterprise AEs across all regions of the US.
Render (LI) is hiring a remote Enterprise AE and Strategic Account Manager for its SF-based team.
Bretton AI (LI) is hiring Enterprise AEs & Deployment Strategists for its SF-based team.
Brandlight (LI) is hiring Enterprise AEs for its NYC-based team.
ElevenLabs (LI) is hiring for tons of Revenue roles, including remote Commercial AEs and Enterprise AEs in the US and globally.
Northslope (LI) is hiring a Principal, Business Development for its New York-based team.
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