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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 Arcade, Bland, & Verse below!

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Daily Deals 💸

🌎 Americas

Peregrine Technologies develops a decision and operations management platform that transforms public safety, protects civil liberties, and ensures personal freedom, enabling public safety agencies to operate with greater transparency and make data-driven decisions.

New Funding Raised: $250M, Series D

Round Investors: Fifth Down Capital (lead), Godfrey Capital (lead), Goldcrest Capital (lead), O.G. Venture Partners (lead)

🚀Growth Focus: Support continued investment in product development, expansion of its engineering and implementation teams, international growth, and a liquidity opportunity for employees.

HQ: San Francisco, CA

Industry: Software Development

Employee Count: 511

Cadence Solutions operates a digital healthcare company that helps physicians improve the treatment of the most prevalent disease, allowing health systems, clinicians, and care teams to identify health risks earlier, manage patient care between visits, and improve chronic disease treatment outcomes.

New Funding Raised: $100M, Series C

Round Investors: Spark Capital (lead), B Capital, Duke Health, Corewell Health Ventures

🚀Growth Focus: Scale its AI agents to meet the needs of more than 56 million older adults living with chronic disease as the healthcare system faces a deepening clinician shortage.

HQ: New York, NY

Industry: Hospitals and Health Care

Employee Count: 488

Orderful develops a supply chain network platform that provides frictionless transactions, transparency, and data insights, enabling users to streamline their electronic data interchange operations and become self-sufficient and more responsive to their users' needs.

New Funding Raised: $35M, Series C

Round Investors: Koch Disruptive Technologies (lead), NewRoad Capital Partners, Flume Ventures, Initialized Capital

🚀Growth Focus: Expand operations and its development efforts.

HQ: San Francisco, CA

Industry: Software Development

Employee Count: 88

Redo develops e-commerce operations software that supports user acquisition, order management, fulfillment, and customer retention activities, allowing e-commerce brands to access user engagement and commerce operations capabilities.

New Funding Raised: $81M, Series B

Round Investors: Smash Capital (lead), Pelion Venture Partners, Cervin Ventures

🚀Growth Focus: Support product development, artificial intelligence initiatives, and its international expansion.

HQ: Draper, UT

Industry: Software Development

Employee Count: 336

Allium’s data infrastructure platform extracts insights and monitors on-chain patterns in real-time, enabling crypto analytics teams to get accurate and simplified access to data.

New Funding Raised: $40M, Series B

Round Investors: Amplify Partners (lead), Kleiner Perkins, PruVen Capital, Theory Ventures

🚀Growth Focus: Expand operations and its development efforts.

HQ: New York, NY

Industry: Data Infrastructure and Analytics

Employee Count: 71

Attention develops a sales intelligence platform that automates administrative tasks and provides conversation insights, allowing sales teams to improve forecasting accuracy and increase close rates.

New Funding Raised: $30M, Series B

Round Investors: RTP Global (lead), Aglaé Ventures, Eniac Ventures, Alven

🚀Growth Focus: Expand AI-powered revenue operations platform.

HQ: New York, NY

Industry: Software Development

Employee Count: 94

Rapalogix Health develops a biotechnology research platform that enhances skin health at the molecular level, enabling individuals with skin issues to access approaches beyond traditional treatments and skincare.

New Funding Raised: $20M, Series A

Round Investors: GordonMD Global Investments (lead), Woodline Partners (lead)

🚀Growth Focus: Support the national commercial expansion of Re-Q Health and advance IND-enabling development of RLX-202, the company’s lead prescription therapeutic candidate for aesthetic dermatology.

HQ: New York, NY

Industry: Biotechnology Research

Employee Count: 17

JustAI operates an AI-powered platform that optimizes product copy for businesses to boost user growth, allowing businesses to scientifically select wording for their products, ultimately leading to increased user acquisition and engagement.

New Funding Raised: $17M, Series A

Round Investors: Base10 Partners (lead), Nikhil Gupta, Y Combinator, Aiden Bordner

🚀Growth Focus: Expand its engineering and go-to-market teams, deepen its agentic infrastructure, and extend platform capabilities.

HQ: San Francisco, CA

Industry: Software Development

Employee Count: 21

Wellbees develops a digital corporate well-being platform that enhances employee health and engagement, enabling organizations to promote healthier lifestyles, foster a sense of belonging, and improve employee retention and productivity.

New Funding Raised: $3.6M, Series A

Round Investors: Qatar Development Bank (lead), A-typical Ventures, Sabancı Ventures, SABAH.fund

🚀Growth Focus: Expand the local team, with a focus on software development and product innovation.

HQ: Wilmington, DE

Industry: Software Development

Employee Count: 123

🌍 EMEA + NZ

Partly provides a cloud-based automotive parts data management system that builds and launches a parts procurement platform, allowing automotive parts distributors and digital marketplaces to streamline complex supply chains and minimize transaction errors caused by incorrect fitment data.

New Funding Raised: $50M, Series B

Round Investors: DST Global (lead), Blackbird Ventures, Square Peg Capital, WndrCo

🚀Growth Focus: Accelerate its official market expansion into the United States, scale its corporate footprint in the Austin region, and actively recruit talent across its engineering, business development, and product management divisions.

HQ: Christchurch, New Zealand

Industry: Software Development

Employee Count: 132

CroíValve develops a minimally invasive surgical device that treats severe tricuspid regurgitation, enabling healthcare professionals to cost-effectively treat the patient's condition swiftly.

New Funding Raised: $20M, Series B

Round Investors: MedTech Syndicates, Business Growth Fund

🚀Growth Focus: Expand AI-powered revenue operations platform.

HQ: Dublin, Ireland

Industry: Medical Equipment Manufacturing

Employee Count: 52

Tsuga operates an enterprise-grade observability platform that simplifies and scales system monitoring for modern organizations, allowing users to monitor logs, metrics, and traces with zero complexity, accelerate incident resolution, and maintain control as they scale, all while running in their own cloud environments.

New Funding Raised: $35M, Series A

Round Investors: Singular (lead), General Catalyst, Picus Capital, Databricks Ventures

🚀Growth Focus: Expand TANDEM II Study, a US and EU-based prospective, multicenter study to evaluate the safety and performance of the DUO Adapt System in patients with symptomatic tricuspid regurgitation.

HQ: Paris, France

Industry: Software Development

Employee Count: 43

VARM provides home insulation services that drive household decarbonization, enabling homeowners to access efficient and affordable ways to insulate their buildings.

New Funding Raised: €17.5M, Series A

Round Investors: ABN AMRO Sustainable Impact Fund (lead), Green European Tech Fund (lead), noa, Emerge VC

🚀Growth Focus: Expand its operations and further scale its workforce model to support growing demand for energy-efficiency upgrades across Europe.

HQ: Berlin, Germany

Industry: Climate Technology Product Manufacturing

Employee Count: 35

Timefold develops an open-source platform for planning optimization, allowing users with barrier-free access to the platform.

New Funding Raised: $13M, Series A

Round Investors: Alstin Capital (lead), Lakestar, KOMPAS VC, SmartFin

🚀Growth Focus: Accelerate its US expansion and support the growing enterprise demand for scheduling optimization infrastructure.

HQ: Ghent, Belgium

Industry: Software Development

Employee Count: 37

Flease provides long-term car rental services, that provides premium cars at affordable prices, enabling small and medium enterprises to get access to premium cars and get rid of unlimited rents and taxes.

New Funding Raised: €13M, Series A

Round Investors: Partech (lead)

🚀Growth Focus: Accelerate its commercial deployment and strengthen its operational and financial capacities, allowing it to provide its premium service to more enterprise fleets. 

HQ: Lyon, France

Industry: Retail Office Equipment

Employee Count: 51

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