Happy Friday! This free edition of The Funding Letter comes to you from our headquarters in New York City. Have a nice weekend!
Heads up: This newsletter is redacted, and the full version was sent to paying members hours ago, with seven 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)
Hit the Gong 🎉
Source: @overheard_sales
Daily Deals 💸
🌎 Americas
Shield AI operates a defense technology company that uses machines to execute unscripted tasks in denied and dynamic environments without direct operator control, enabling aircraft teams to perform missions ranging from room clearance to penetrating air defense systems and dogfighting.
New Funding Raised: $2B, Series G
Round Investors: Advent International (lead), JP Morgan (lead), The Resiliency Initiative (lead), Apandion
🚀Growth Focus: Acquire Aechelon Technology, a simulation platform that supports the Pentagon’s Joint Simulation Environment, also advance certification, expand field testing, and support deployments across key sectors.
Press: Yahoo Finance, Tech Funding News
HQ: San Diego, CA
Industry: Software Development
Employee Count: 1422
Xona develops space systems that include a constellation of low-cost, low-earth orbiting satellites to offer higher availability and location precision, allowing businesses to have navigation for autonomous vehicles, unmanned aerial vehicles, mobile robotics, and other location-critical applications.
New Funding Raised: $170M, Series C
Round Investors: Mohari Ventures Natural Capital (lead), ICONIQ Capital, Samsung NEXT, Craft Ventures
🚀Growth Focus: Accelerate constellation deployment and manufacturing scale-up at its new Burlingame, California factory, demonstrating how U.S. commercial innovation can deliver secure, resilient navigation infrastructure worldwide.
Press: Business Wire, SiliconANGLE
HQ: Burlingame, CA
Industry: Space Research and Technology
Employee Count: 112
Cents develops laundromat management software that helps laundry and garment care businesses streamline operations, enabling laundromat and dry cleaning operators to improve efficiency, visibility, and customer retention.
New Funding Raised: $140M, Series C
Round Investors: Sumeru Equity Partners (lead), Camber Creek
🚀Growth Focus: Accelerate its AI-powered product suite, deepening investment in customer support and experience, expanding its product line for laundromats and dry cleaners, and strengthening partnerships with route operators and equipment distributors.
Press: PR Newswire, Pulse 2.0
HQ: New York, NY
Industry: Information Technology & Services
Employee Count: 89
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.
Terrestrial Bio develops novel therapies that help in oncology care and infectious diseases, allowing healthcare practitioners to improve patient outcomes with decreased treatment burdens.
New Funding Raised: $50M, Series C
Round Investors: RA Capital Management (lead), Engine Ventures, SiteGround, Global Health Investment Corporation
🚀Growth Focus: Build out a manufacturing facility in Boston’s Allston Labworks, spanning more than 40,000 square feet.
HQ: Pharmaceutical Manufacturing
Industry: Woburn, MA
Employee Count: 64
Steno operates a remote litigation platform that offers a range of legal counseling services, including remote depositions, court reporting, videography, interpreters, litigation support services, and video sync to transcripts, enabling users to overcome financing or technical hurdles.
New Funding Raised: $49M, Series C
Round Investors: Savano Capital Partners (lead), First Round Capital, The LegalTech Fund
🚀Growth Focus: Allow it to triple investments in both its rapid expansion and the development of the next evolution of its litigation technology suite.
Press: PR Newswire, Pulse 2.0
HQ: Los Angeles, CA
Industry: Law Practice
Employee Count: 641
Pinnacle Medicines develops AI-driven oral peptide therapeutics, enabling medical companies to deliver safe, effective, and convenient treatments for unmet medical needs.
New Funding Raised: $89M, Series B
Round Investors: Foresite Capital (lead)l, LAV Fund (lead), OrbiMed, RA Capital Management
🚀Growth Focus: Support the advancement of its lead programs through clinical proof of concept, with an initial focus on immunology and cardiometabolic diseases, while expanding its proprietary peptide discovery platform and research and development capabilities.
Press: PR Newswire, Fierce Biotech
HQ: Doylestown, PA
Industry: Biotechnology Research
Employee Count: 18
Clasp provides student loan assistance services that help students reduce post-graduation debt burdens, allowing students to get pre-selected by an employer who wants to invest in their potential.
New Funding Raised: $20M, Series B
Round Investors: Crosslink Capital (lead), Digitalis Ventures (lead), Jason Nazar, Strada
🚀Growth Focus: Accelerate its expansion across health systems nationwide, deepen university partnerships, and scale its infrastructure connecting employers, schools, students, and financial institutions.
Press: Business Wire, Yahoo Finance
HQ: Boston, MA
Industry: Human Resources Services
Employee Count: 68
eMed operates telehealth programs that support long-term weight and health management under clinical supervision, enabling users to manage chronic conditions and pursue sustainable health improvements with greater convenience and privacy.
New Funding Raised: $200M, Series A
Round Investors: Aon (lead), Joe Lonsdale, R.J. Melman, Ara Cohen
🚀Growth Focus: Advance its agentic AI platform and strengthen its balance sheet, while supporting the rollout of a new capitated healthcare model designed to help employers reduce overall healthcare spending.
HQ: Miami, FL
Industry: Health and Human Services
Employee Count: 240
Thesis Care develops an AI-powered healthcare operations system that supports scalable clinical capacity across care delivery organizations, allowing users to increase operational throughput, reduce nonclinical workload, and extend care delivery capacity without altering established workflows.
New Funding Raised: $45M, Series A
Round Investors: Oak HC/FT (lead), Black Opal Ventures, CRV
🚀Growth Focus: Fuel its mission to enhance clinical capacity through its innovative AI-powered care team platform.
Press: Business Wire, Startup Researcher
HQ: New York, NY
Industry: Hospitals and Health Care
Employee Count: 33
Deccan AI develops a data and evaluation platform that provides curated datasets, interoperable workflows for complex functions, advanced NLP techniques, rigorous testing, and fine-tuning services with RLHF, enabling users to enhance the precision, resilience, and scalability of their LLMs.
New Funding Raised: $25M, Series A
Round Investors: A91 Partners (lead), Prosus Ventures, Susquehanna International Group
🚀Growth Focus: Support the scaling of its platform, which enhances the reliability of AI for both large enterprises and pioneering frontier model laboratories.
Press: TechCrunch, Startup Researcher
HQ: Mountain View, CA
Industry: Software Development
Employee Count: 409
EPIC Microsystems operates a stealth-mode innovation platform for advanced technology access that aims to unlock scalable and transformative tech capabilities, allowing broader, potentially unlimited access to next-generation technologies.
New Funding Raised: $21M, Series A
Round Investors: J & W Seligman (lead), Intel Capital, Nepenthe Capital, AICONIC Ventures
🚀Growth Focus: Accelerate vertical power delivery architecture for next-generation AI infrastructure.
Press: SiliconANGLE, Pulse 2.0
HQ: San Jose, CA
Industry: Semiconductor Manufacturing
Employee Count: 14
PointOne develops AI-powered legal operations software that automates timekeeping, billing compliance, and firm intelligence for law practices, enabling law firms and legal professionals to streamline administrative workflows, reduce revenue leakage, and improve operational efficiency across diverse practice areas.
New Funding Raised: $16M, Series A
Round Investors: 8VC (lead), Y Combinator, Bessemer Venture Partners, General Catalyst
🚀Growth Focus: Accelerate the expansion of its platform, which uses AI to automate time entry for law firms.
Press: PointOne, Startup Researcher
HQ: New York, NY
Industry: Software Development
Employee Count: 14
🌍 EMEA
Dexory builds autonomous robots that measure, track, and find goods across warehouses without workflow disruption and provide real-time data at every stage of the process, allowing users to reduce costs and save time and resources lost to locating missing goods.
New Funding Raised: £8.5M, Series C
Round Investors: British Business Bank (lead), Lakestar, DTCP, Endeavor Catalyst
🚀Growth Focus: Accelerate its product roadmap and bring its technology to more markets and industries.
Press: EU-Startups, Tech Funding News
HQ: Wallingford, England
Industry: Robotics Engineering
Employee Count: 207
Giraffe360 develops a robotic camera that offers property photography in a streamlined process, enabling real estate agents to sell properties to their clients, create listing content for all, viewings for agents, and enhance quality for buyers.
New Funding Raised: $10M, Series B
Round Investors: Cipio Partners (lead), LAUNCHub Ventures, Change Ventures, Founders Fund
🚀Growth Focus: Support further development of its AI platform, expanded product capabilities, and growth into new markets.
Press: The Next Web, Startup Researcher
HQ: London, England
Industry: Computer Hardware Manufacturing
Employee Count: 171
Subbyx’s subscription economy platform applies AI to match product availability with user preferences, allowing individuals to access devices such as smartphones, tablets, and laptops through a reuse-focused subscription model.
New Funding Raised: €30M, Series A
Round Investors: Systemiq Capital (lead), Azimut Digitech Fund
🚀Growth Focus: Expand its subscription infrastructure platform, supporting businesses in transitioning from ownership to access-based models as demand for recurring revenue and flexible consumption grows.
Press: FinTech Futures, Tech.eu
HQ: Milan, Italy
Industry: Software Development
Employee Count: 56
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.
How valuable was today's email?
📬 Questions? Feedback? Email us at [email protected]! We incorporate all user feedback into our product. Nothing is off-limits.