💰The Funding Letter #1675: May 21

Awardco, Gravitee, Sweep.io, and more...

May 21, 2025

Good Morning! This exclusive edition of The Funding Letter comes to you from our headquarters in New York City. 🔥New Sales Gigs from Rippling, Owner, and Addepar below!

Hit the Gong 🎉

Source: @sales_bant_er

Daily Deals 💸

🌎 Americas

Gravitee has developed an open-source management platform to unify management for all API styles, gateways, and event brokers, enabling enterprises to efficiently govern, secure, and optimize their ecosystems while enhancing developer experiences and operational performance. View on: LinkedIn.com | Sales Navigator.

New Funding Raised: $60M, Series C

Round Investors: Sixth Street (lead), Riverside Acceleration Capital, AlbionVC

🚀Growth Focus: Support its mission to shape the future of APIs, Event Streams, and Agentic AI.

HQ: Denver, CO

Industry: Software Development

Employee Count: 137 (⚡10% increase in last 6 months) 

🔥Open Sales Gigs: Currently Hiring

Awardco builds an employee recognition platform that offers customizable programs, automated service anniversaries, and a reward network, allowing organizations to boost employee engagement, reduce administrative burden, and foster a positive work environment. View on: LinkedIn.com | Sales Navigator.

New Funding Raised: $165M, Series B

Round Investors: Sixth Street (lead), Spectrum Equity (lead), Ryan Smith, General Catalyst

🚀Growth Focus: Develop additional solutions for employee engagement and performance, leverage AI to drive deeper employee insights and automations, enhance HRIS and partner integrations, and scale its global infrastructure to power the next era of work.

HQ: Lindon, UT

Industry: Human Resources Services

Employee Count: 595 (⚡13% increase in last 6 months)

🔥Open Sales Gigs: Currently Hiring

Subscribe to TFL All-Access Tier to read the rest.

Become a paying subscriber of TFL All-Access Tier to get access to this post and other subscriber-only content.

Already a paying subscriber? Sign In.

A subscription gets you:

  • • Exclusive Access to The Funding Letter, delivering hundreds of leads to your inbox each month
  • • Searchable weekly, monthly, and annual datasets of funding announcement leads, so you can quickly find the most relevant data
  • • The hottest Sales Gigs in the industry, sourced from the fastest growing startups
  • • ..and much more to come!