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.

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.

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

Farther operates an investment advisory firm that provides technology-enabled wealth management services, enabling users to manage, preserve, and grow their wealth based on their financial goals and risk tolerance.

New Funding Raised: $150M, Series D

Round Investors: General Atlantic (lead)

🚀Growth Focus: Scale its advisor platform, expand operational capabilities, and deepen its push into AI-driven financial advisory infrastructure.

HQ: New York, NY

Industry: Financial Services

Employee Count: 616

Modal Labs develops a serverless cloud computing platform that facilitates the deployment and scaling of compute-intensive workloads for machine learning and data processing, allowing AI and machine learning teams to run large-scale inference, training, and batch processing workloads efficiently without manual infrastructure management.

New Funding Raised: $355M, Series C

Round Investors: General Catalyst (lead), Redpoint (lead), Menlo Ventures, Accel

🚀Growth Focus: Expand operations and its development efforts.

HQ: New York, NY

Industry: Software Development

Employee Count: 158

Hark develops a personal intelligence platform that offloads users' mental workload through advanced AI, enabling consumers to automate tasks and reclaim time for creative and personal priorities.

New Funding Raised: $700M, Series A

Round Investors: Parkway Venture Capital (lead), Brookfield, Tamarack Global, Qualcomm Ventures

🚀Growth Focus: Accelerate its development of advanced personalized intelligence and next-generation hardware designed to serve as a universal interface between humans and machines.

HQ: San Jose, CA

Industry: Software Development

Employee Count: 47

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

New Funding Raised: $17M, Series A

Round Investors: [Not Disclosed]

🚀Growth Focus: Support to help scale the platform.

HQ: New York, NY

Industry: Social Networking Platforms

Employee Count: 38

Quantum Bridge develops proprietary software and quantum repeater hardware that improve quantum communications, enabling companies to make current networks resilient.

New Funding Raised: $8M, Series A

Round Investors: Primo Capital (lead), Club degli Investitori, Cadenza Ventures, Hewlett Packard Enterprise

🚀Growth Focus: Expand deployment of quantum-safe cybersecurity systems aimed at protecting critical infrastructure from future quantum computing threats.

HQ: Toronto, Canada

Industry: Computer and Network Security

Employee Count: 23

The Path develops an AI-powered therapy and coaching platform, allowing users to access personalized guidance and behavioral support through continuous digital experiences.

New Funding Raised: $14.3M, Seed

Round Investors: Prime Movers Lab (lead), Deontay Wilder, Designer Fund, Apolo Ohno

🚀Growth Focus: Expands infrastructure designed to deliver continuous, personalized therapy and coaching support outside traditional clinical care settings.

HQ: Reno, NV

Industry: Wellness and Fitness Services

Employee Count: 17

Blank Bio develops ribonucleic acid (RNA) analysis technology for mRNA design and transcript characterisation, enabling the biotechnology and pharmaceutical markets to enhance drug discovery processes, improve the efficiency of RNA-based drug development, and reduce the time and cost associated with bringing new therapies to market.

New Funding Raised: $7.2M, Seed

Round Investors: Define Ventures (lead), Ripple Ventures, SignalFire, Y Combinator

🚀Growth Focus: Support model development, expanded pharmaceutical and diagnostic partnerships, and new RNA sequencing datasets.

HQ: San Francisco, CA

Industry: Biotechnology Research

Employee Count: 6

Century Health provides a healthcare technology that accelerates drug commercialization by applying AI to longitudinal clinical data previously untapped by pharma, allowing researchers to analyze real-world data more efficiently.

New Funding Raised: $5M, Seed

Round Investors: Origin Ventures (lead), Next Play Ventures, 2048 Ventures, Zorba Lieberman

🚀Growth Focus: Scale collaborations and use cases with pharmaceutical and life sciences partners, grow its specialty provider data network, and expand its AI-powered data curation infrastructure.

HQ: New York, NY

Industry: Technology, Information, and Internet

Employee Count: 16

Rely develops a transaction management system that simplifies multifamily real estate workflows by reducing manual work, enabling acquisitions teams to improve accuracy, shorten review cycles, and stay focused on key tasks.

New Funding Raised: $4.5M, Seed

Round Investors: 2048 Ventures (lead), Range Ventures, Better Tomorrow Ventures

🚀Growth Focus: Grow its engineering team with key hires in New York and New England and strengthen network relationships with lenders and servicers.

HQ: Dover, DE

Industry: Technology, Information, and Internet

Employee Count: 6

🌍 EMEA

Fresha builds salon and spa software that helps users discover, book, and pay for beauty and wellness appointments, allowing partner businesses to unlock revenue potential by leveraging the power of online bookings and automated marketing through user-friendly and convenient mobile applications.

New Funding Raised: $80M, Series C

Round Investors: Kohlberg Kravis Roberts & Co. (lead)

🚀Growth Focus: Accelerate global expansion and fuel next-generation product and AI innovation.

HQ: London, England

Industry: Software Development

Employee Count: 785

Pivot develops consumer-grade procurement software that helps companies keep their spending under control while enhancing their teams, enabling firms to reduce manual work and endless email threads.

New Funding Raised: $40M, Series B

Round Investors: Forestay Capital (lead), Notion Capital (lead), Greyhound Capital, Visionaries Club

🚀Growth Focus: Accelerate the development of its agentic AI capabilities, expand into new enterprise markets, and deepen technical integrations with ERPs and financial systems across complex corporate environments.

HQ: Paris, France

Industry: Software Development

Employee Count: 104

Muybridge develops real-time computer vision systems that turn cameras into software for advanced imaging and storytelling applications, allowing dynamic virtual viewpoints and automated camera control.

New Funding Raised: $16M, Series A

Round Investors: Fairpoint Capital (lead), Idekapital (lead), Investinor (lead), RunwayFBU (lead)

🚀Growth Focus: Expand its software-defined imaging platform, designed to replace traditional broadcast camera infrastructure with virtual, real-time camera perspectives for sports and live event production.

HQ: Oslo, Norway

Industry: Software Development

Employee Count: 37

ClearOps’s software platform connects machine manufacturers with their dealer networks for global spare parts planning and service operations, enabling machine manufacturers and dealer networks to manage operations efficiently and improve service delivery.

New Funding Raised: €8.6M, Series A

Round Investors: Hitachi Ventures (lead), Barkawi Group, Schoeller Holding

🚀Growth Focus: Accelerate its mission to become the AI operating system for global OEM after-sales operations.

HQ: Munich, Germany

Industry: Software Development

Employee Count: 60

Neurosoft Bioelectronics develops soft implantable electrodes that diagnose and treat neurological diseases by recording or electrically stimulating neural tissues, allowing doctors to improve therapeutic outcomes in patients and open up new applications for neural interfaces.

New Funding Raised: $7.5M, Seed

Round Investors: Skybound Venture Capital (lead), IAG Capital Partners, PL Capital, Connecticut Innovations

🚀Growth Focus: Advance its minimally invasive brain interface platform already tested in 10 patients and accelerate development of a cortical foundation model for new BCIs.

HQ: Geneva, Switzerland

Industry: Medical Equipment Manufacturing

Employee Count: 18

Imperagen operates an enzyme evolution platform that brings together patented advances in enzyme simulation, AI, synthetic biology, and automation, enabling the healthcare sector to overcome inefficiencies and meet the needs of speed, capacity, and scalability.

New Funding Raised: £5M, Seed

Round Investors: PXN Ventures (lead), Northern Gritstone, IQ Capital

🚀Growth Focus: Accelerate research and development, expand its wet lab capabilities, and build out its go-to-market function over the next 18 months.

HQ: Manchester, England

Industry: Biotechnology Research

Employee Count: 16

Sales Gigs 🏆

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