💰The Funding Letter #1655: April 23

Supabase, Altruist, Manychat, and more...

April 23, 2025

Good Morning! This exclusive edition of The Funding Letter comes to you from our headquarters in New York City. 🔥New Sales Gigs from Hammerspace & Blue Onion Labs below!

Hit the Gong 🎉

Source: @sales_humor

Daily Deals 💸

🌎 Americas

Altruist develops a digital investment platform that assists in automating research, identifying problem areas, and streamlining operations, enabling advisors to help clients make proper and informed choices with their money. View on: LinkedIn.com | Sales Navigator.

New Funding Raised: $152M, Series F

Round Investors: GIC (lead), Geodesic Capital, Carson Family Office, Baillie Gifford

🚀Growth Focus: Accelerate innovation for growth-oriented RIAs.

HQ: Culver City, CA

Industry: Financial Services

Employee Count: 755

Supabase is an open-source backend platform to help developers build and manage applications, and allows developers to create applications efficiently with built-in scalability, security, and compatibility with various frameworks and technologies. View on: LinkedIn.com | Sales Navigator.

New Funding Raised: $200M, Series D

Round Investors: Accel (lead), Kevin Weil, Taylor Otwell, Felicis

🚀Growth Focus: Support its open-source relational database.

HQ: San Francisco, CA

Industry: IT Services and IT Consulting

Employee Count: 124 (⚡13% increase in last 6 months)

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