💰The Funding Letter #1385: April 1 (50% off Premium, no joke!)

5 Years of TFL!

April 01, 2024

Happy Monday & Q2! This exclusive edition of The Funding Letter comes to you from our headquarters in New York City.

🎂 The Funding Letter turns 5 today! We launched to a small group of sales friends on April 1, 2019, with a goal of making prospecting a bit easier for all of us, and today we’ve heard hundreds of success stories about opportunities made, deals closed, and commissions earned 💰. We are excited to keep delivering these results for all the years to come!

Thank you all for your support, we would not be here today if it wasn’t for the love and excitement from all of you.

To celebrate, we’re going to do something crazy (and not an April Fools joke, promise): we’re going to offer a 50% discount on our premium subscription to new subscribers, for today only.

Share with your sales networks and friends! We’ve never done a discount like this before, and likely won’t do it again, so get in while you can.

Claim 50% off your Premium Subscription here: https://thefundingletter.beehiiv.com/upgrade?

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

Hit the Gong 🎉

Source: @sales_bant_er

Daily Deals 💸

🌎 Americas

Atlas Lithium is a mineral exploration and development company with lithium projects and exploration properties in other critical and battery minerals, such as nickel, rare earth, graphite, and titanium, to power the increased demand for electrification. View on: LinkedIn.com | Sales Navigator.

New Funding Raised: $30M, Post-IPO Equity

Round Investors: Mitsui & Co., Ltd. (lead)

🚀Growth Focus: Continue its rapid development toward revenue generation with the production and sale of high-quality, low-cost, environmentally sustainable lithium concentrate.

HQ: Boca Raton, FL

Industry: Mining

Employee Count: 56 (⚡133% increase in last 6 months)

Sprocket Security provides an offensive security platform that uses a continuous hybrid automated testing methodology and expert penetration testers, enabling customers to proactively identify and remediate security vulnerabilities before attackers can exploit them. View on: LinkedIn.com | Sales Navigator.

New Funding Raised: $8M, Series A

Round Investors: Blueprint Equity (lead), Capital Midwest Fund

🚀Growth Focus: Accelerate platform development, fuel customer success, and expand sales and marketing initiatives.

HQ: Madison, WI

Industry: Computer and Network Security

Employee Count: 21 (⚡40% increase in last 6 months)

🔥Open Sales Gigs: Currently Hiring

Oka is a carbon insurance company for companies and organizations engaging in the carbon credit market, helping companies deliver security, confidence, and protection in an unregulated and opaque market and ensuring that they can achieve sustainability goals and the transition to net zero. View on: LinkedIn.com | Sales Navigator.

New Funding Raised: $10M, Seed

Round Investors: Aquiline Capital Partners (lead), Firstminute Capital (lead), Overview

🚀Growth Focus: Support its risk-based capital requirements and operational growth.

HQ: Park City, UT

Industry: Insurance

Employee Count: 10 (⚡17% increase in last 6 months)

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  • • ..and much more to come!