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Good Morning! This free edition of The Funding Letter comes to you from our headquarters in New York City. 🔥New Sales Gigs from PointFive & NinjaOne below!

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Daily Deals 💸

🌎 Americas

Bland AI develops a conversational AI platform that automates phone calls for businesses, enabling businesses to automate inbound and outbound calls, improve user support, and enhance operational efficiency.

New Funding Raised: $50M, Series C

Round Investors: Dell Technologies Capital (lead), Piotr Dabkowski, Upfront Ventures, Max Levchin

🚀Growth Focus: Expand its research efforts, grow its engineering team, and continue scaling its platform across industries where conversations are central to operations.

HQ: San Francisco, CA

Industry: Telecommunications

Employee Count: 115

Ent.AI operates an enterprise security platform that detects and prevents risky user and AI activity in real time, allowing enterprise security teams to prevent data loss and respond faster across modern, AI-integrated workflows.

New Funding Raised: $100M, Seed

Round Investors: Decibel Partners (lead), Crosspoint Capital Partners, IQT, Felicis

🚀Growth Focus: Support continued hiring across engineering and go-to-market functions while accelerating product development in AI governance, threat prevention, security integrations, and multimodal endpoint intelligence.

HQ: San Francisco, CA

Industry: Computer and Network Security

Employee Count: 12

Magnitude develops an AI-powered third-party risk management platform, enabling enterprises to autonomously assess, monitor, and remediate risks across vendors, products, AI agents, and supply chain dependencies.

New Funding Raised: $10M, Seed

Round Investors: Ballistic Ventures (lead)

🚀Growth Focus: Expand operations and its development efforts.

HQ: San Francisco, CA

Industry: Computer and Network Security

Employee Count: 50

RDC operates a financial instrument platform for institutional ownership of digital and alternative assets, allowing institutional investors to access digital and alternative assets with the same operational familiarity, transparency, and risk controls as conventional securities.

New Funding Raised: $7M, Seed

Round Investors: LiveOak Ventures (lead), Global Trading Systems, OTC Markets Group, Onigiri Capital

🚀Growth Focus: Support its next phase of growth, including the launch of new DR products, expansion of distribution capabilities, continued investment in capital markets infrastructure, and strategic hiring across the organization.

HQ: New York, NY

Industry: Financial Services

Employee Count: 5

Copperlane develops AI-driven mortgage origination software that streamlines borrower intake and document processing for lenders, enabling loan officers and operations teams to reduce manual follow-ups, improve application completion rates, and accelerate loan closings with structured, automated, and data-validated workflows.

New Funding Raised: $4.1M, Seed

Round Investors: TQ Ventures (lead), US News Digital Ventures, Y Combinator, Valon Technologies

🚀Growth Focus: Scale its operations, expand the capabilities of its autonomous AI mortgage loan officer, and accelerate development on software that shortens pre-approval timelines.

HQ: San Francisco, CA

Industry: Software Development

Employee Count: 5

Tugboat’s web-based platform assists homeowners with navigating the homeowners' insurance claim process, allowing users to receive a fair and complete settlement for their insurance claims.

New Funding Raised: $3M, Seed

Round Investors: ResilienceVC (lead), South Dakota First Capital, gener8tor, Sure Ventures

🚀Growth Focus: Expand its technology platform, accelerate business partnerships, and support disaster-response initiatives.

HQ: Grand Forks, ND

Industry: Insurance

Employee Count: 10

🌍 EMEA + Australia

Everlab develops a preventative health program platform that helps people add better years to their long-term health, enabling people to track their health on their mobile application and also offers personalized coaching and care plans.

New Funding Raised: A$65M, Series A

Round Investors: Airtree Ventures (lead), b2venture, Plural, Left Lane Capital

🚀Growth Focus: Strengthen its clinical and technology infrastructure and accelerate its global rollout.

HQ: Carlton, Australia

Industry: Health and Human Services

Employee Count: 161

Rocapine operates a wellness-focused mobile app publisher and technology company that builds, launches, and scales digital wellness applications, allowing users to make wellness accessible by delivering mobile experiences that help users build healthy habits, improve well-being, and strengthen their connection with their physical and mental health.

New Funding Raised: €11.2M, Series A

Round Investors: Educapital (lead), Centre Court Capital, Better Angle, Daphni

🚀Growth Focus: Support its next stage of growth, including turning early successes into category leaders, scaling its testing engine to 400 apps this year, and strengthening the AI, data, and marketing infrastructure underpinning its portfolio.

HQ: Paris, France

Industry: Software Development

Employee Count: 29

Lightbringer develops an AI-powered patent management platform that transforms the collaboration between inventors and patent attorneys, enabling innovators to control their intellectual property journey.

New Funding Raised: $10M, Series A

Round Investors: 6 Degrees Capital (lead), Newion (lead), Luminar Ventures, Alliance VC

🚀Growth Focus: Accelerate expansion into the US, while enabling further development of its AI-powered patent platform for deep tech companies.

HQ: Malmo, Sweden

Industry: Information Services

Employee Count: 38

Cortea operates an AI-based audit software that reduces manual efforts, allowing users to accelerate processes, enhance accuracy, and create transparency.

New Funding Raised: €12M, Seed

Round Investors: Dawn Capital (lead), Cherry Ventures, Larry Bradley, Mosaic Ventures

🚀Growth Focus: Support the development of additional audit agents, deeper integrations with audit platforms, and its expansion across the UK, Germany, and the United States.

HQ: Berlin, Germany

Industry: Software Development

Employee Count: 17

Rainbow Crops develops agricultural biotechnology technologies for improving crop resilience, enabling the agriculture industry to address climate adaptation and food security through the engineering of complex traits in crops.

New Funding Raised: €9.7M, Seed

Round Investors: LIFTT (lead), Agri Investment Fund, PINC, VIB

🚀Growth Focus: Accelerate its AI-supported multiplex genome editing capabilities, support the deployment of its platform in key crops, and strengthen the team across both scientific and technical functions to drive execution.

HQ: Gent, Belgium

Industry: Agricultural Chemical Manufacturing

Employee Count: 15

Sloneek develops human resource management software that manages employee and freelancer lifecycle processes within a single HR system, allowing HR teams and organizations to access employee and workforce management data within a unified platform.

New Funding Raised: $6M, Seed

Round Investors: ORBIT Capital (lead), Venture to Future Fund

🚀Growth Focus: Accelerate expansion into new European markets, deepen integrations with local HR and enterprise systems, and further develop its agentic AI layer, with the aim of evolving the platform into a more fully automated, conversational HR system.

HQ: London, England

Industry: Software Development

Employee Count: 39

New Energy Transport provides electric freight transportation services, enabling businesses to reduce logistics emissions and costs through a vertically integrated fleet of electric trucks powered by renewable energy.

New Funding Raised: A$5M, Seed

Round Investors: JEKARA (lead)

🚀Growth Focus: Support to electrify heavy-duty transport will accelerate and expand to more towns after a multimillion-dollar investment.

HQ: Sydney, Australia

Industry: Truck Transportation

Employee Count: 6

Undo develops a software debugging platform that diagnoses severe software failures, allowing software developers to save time diagnosing the root causes of new regressions, legacy bugs, and flaky tests, and providing reversible debugging on complex and real-world applications.

New Funding Raised: $37M, Private Equity

Round Investors: Elsewhere Partners (lead)

🚀Growth Focus: Scale its product development, customer support, and go-to-market teams across the United States and Europe.

HQ: Cambridge, England

Industry: Software Development

Employee Count: 69

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