This website uses cookies

Read our Privacy policy and Terms of use for more information.

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

Good Morning! 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.

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 🎉

Instagram post
Source: @overheard_sales

Daily Deals 💸

🌎 Americas

Cagent Vascular develops an intravascular technology that treats diseased peripheral arteries, enabling healthcare providers to improve the lives of patients.

New Funding Raised: $41M, Series D

Round Investors: Astoria Health Investors (lead), U.S. Venture Partners (lead)

🚀Growth Focus: Support the clinical advancement and commercialization of its dual-modality IVL platform, including the peripheral commercial launch of the SONIC IVL System and development of its coronary artery platform.

HQ: Wayne, PA

Industry: Medical Equipment Manufacturing

Employee Count: 92

Nourish develops a telehealth platform that promotes healthier lifestyles and addresses chronic health issues, allowing individuals to achieve sustainable health improvements and long-term well-being.

New Funding Raised: $100M, Series C

Round Investors: Menlo Ventures (lead), Index Ventures, J.P. Morgan Growth Equity Partners, Thrive Capital

🚀Growth Focus: Expand its clinical workforce, deepen health system and employer partnerships, and continue investing in AI-powered care coordination infrastructure.

HQ: New York, NY

Industry: Hospitals and Health Care

Employee Count: ~500

Moment operates an AI operating system that automates fixed income trading and wealth management workflows, enabling wealth management firms, financial advisors, and institutional investors to streamline investment research, optimize portfolio allocation, and execute fixed income trades within a single system.

New Funding Raised: $78M, Series C

Round Investors: Index Ventures (lead), Avra Capital, Andreessen Horowitz

🚀Growth Focus: Expand operations and its development efforts.

HQ: New York, NY

Industry: Financial Services

Employee Count: 106

Armada develops a full-stack edge computing platform, allowing organizations to deploy connectivity, compute, and AI capabilities in remote and distributed environments.

New Funding Raised: $230M, Series B

Round Investors: 8090 Industries (lead), BlackRock (lead), Overmatch Ventures (lead), Marlinspike Capital

🚀Growth Focus: Scale modular AI infrastructure manufacturing as demand accelerates for sovereign, edge-based computing systems.

HQ: San Francisco, CA

Industry: Software Development

Employee Count: 596

RADAR operates a real-time inventory management technology that provides unit-level analytics to automate and augment retail store processes, enabling retail companies to track consumer habits and provide check-out options away from cash registers.

New Funding Raised: $170M, Series B

Round Investors: Gideon Strategic Partners (lead), Nimble Partners (lead), Align Ventures

🚀Growth Focus: Accelerate deployments across retailers, advance new sensor hardware, expand AI analytics capabilities, accelerate autonomous checkout development, and grow across Canada, EMEA, and Latin America.

HQ: New York, NY

Industry: Retail

Employee Count: 199

Unframe develops a turnkey enterprise AI platform that provides tailored applications for diverse business use cases in a matter of days, allowing businesses to have rapid, customizable, and secure AI applications that scale without data sharing.

New Funding Raised: $50M, Series B

Round Investors: Highland Europe (lead), Bessemer Venture Partners, Third Point Ventures, Craft Ventures

🚀Growth Focus: Scale its delivery capacity, deepen platform investment, and expand its senior leadership team to drive the next phase of its growth.

HQ: Cupertino, CA

Industry: Technology, Information, and Internet

Employee Count: 127

Brami produces bean-based protein nutritious food products that offer healthy and tasty snacks, enabling users to get nutritious snacks that satisfy hunger without compromising their diet.

New Funding Raised: $33M, Series B

Round Investors: VMG Partners (lead), Pentland Ventures, La Molisana, Lerer Hippeau

🚀Growth Focus: Expand distribution and invest in supply chain infrastructure to support growing demand for higher-protein pantry staples.

HQ: Carlsbad, CA

Industry: Food and Beverage Services

Employee Count: 31

Viktor develops an AI coworker platform, allowing teams to automate workflows, execute tasks, and integrate business tools across workplace environments.

New Funding Raised: $75M, Series A

Round Investors: Accel (lead), Jack Zhang, Koen Bok, Max Mullen

🚀Growth Focus: Accelerate its global rollout, expand product capabilities, and help more companies bring an AI employee into their teams to take on operational work.

HQ: Wilmington, DE

Industry: Technology, Information, and Internet

Employee Count: 22

Oorja Bio develops therapies for cardiopulmonary and fibrotic diseases, focusing on underlying pathophysiology and cellular repair to enhance long-term disease modification and quality of life.

New Funding Raised: $30M, Series A

Round Investors: Westlake Village BioPartners (lead)

🚀Growth Focus: Advance its first-in-class drug ORJ-001 for idiopathic pulmonary fibrosis.

HQ: Houston, TX

Industry: Biotechnology Research

Employee Count: 5

CircuitHub manufactures on-demand circuit board assembly that provides rapid, low-cost manufacturing for quick-moving electronics, allowing engineers in the electronics industry to reduce time to market and lower production costs.

New Funding Raised: $28M, Series A

Round Investors: Plural (lead), Y Combinator, Alexis Ohanian, Google Ventures

🚀Growth Focus: Expand its automated factories across Europe and the US, grow its engineering team, and extend its platform into full-service electronics manufacturing.

HQ: South Deerfield, MA

Industry: Appliances, Electrical, and Electronics Manufacturing

Employee Count: 58

Status develops an interactive storytelling platform that facilitates character-based roleplaying across fictional universes, enabling roleplaying participants and digital communities to structured narrative interaction and identity exploration.

New Funding Raised: $17M, Series A

Round Investors: Abstract (lead), General Catalyst (lead), Union Square Ventures (lead), LightShed Ventures

🚀Growth Focus: Scale the platform, and it has reported more than 13 million worlds created and over 5 million character profiles since coming out of stealth last year.

HQ: New York, NY

Industry: Social Networking Platforms

Employee Count: 38

Eisen develops a compliance automation software for escheatment, disbursement, and account offboarding purposes, allowing financial institutions to reduce regulatory risk, improve operational efficiency, and ensure compliance with evolving legal requirements through integrated and auditable tools.

New Funding Raised: $10M, Series A

Round Investors: MissionOG (lead), Index Ventures, Cowboy Ventures

🚀Growth Focus: Expand its compliance coverage and grow the team serving fintechs, financial institutions, and digital asset companies.

HQ: New York, NY

Industry: Financial Services

Employee Count: 26

FaceUp’s workplace reporting and engagement platform supports secure communication and feedback, enabling organizations to manage employee concerns and maintain transparent internal communication.

New Funding Raised: $5M, Series A

Round Investors: Fil Rouge Capital (FRC) (lead), Reflex Capital, Jiri Hlavenka, Tilia Impact Ventures

🚀Growth Focus: Support the expansion of its full Ethics & Compliance suite, including new modules for investigations, disclosure management, and policy management.

HQ: Charleston, SC

Industry: IT Services and IT Consulting

Employee Count: 52

🌍 EMEA

Primer operates an automated payment ecosystem that optimizes front and backend flows of payment, allowing users to increase authorization rates, reduce costs, and expand into new markets.

New Funding Raised: $100M, Series C

Round Investors: Sofina (lead), Peak XV Partners, Accel, Balderton Capital

🚀Growth Focus: Accelerate its investment in AI for payments and finance teams and to drive its expansion in the US, where it plans to grow revenue to more than a third of total revenue by 2028.

HQ: London, England

Industry: Financial Services

Employee Count: 259

Lexroom.ai develops a legal research platform that assists professionals in conducting efficient analysis and drafting tasks, enabling the legal industry to streamline workflows, reduce time spent on repetitive tasks, and enhance the accuracy and quality of research and written materials.

New Funding Raised: €42.9M, Series B

Round Investors: Left Lane Capital (lead), Eurazeo, Base10 Partners, Entourage

🚀Growth Focus: Expand operations and its development efforts.

HQ: Milan, Italy

Industry: Technology, Information, and Internet

Employee Count: 137

Sales Gigs 🏆

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