💰The Funding Letter #1716: July 18

Hadrian, Lovable, Substack, and more...

July 18, 2025

Happy Friday! This exclusive edition of The Funding Letter comes to you from our headquarters in New York City. Have a nice weekend!

Hit the Gong 🎉

Source: @sales_bant_er

Daily Deals 💸

🌎 Americas

Boulevard has developed an intelligent scheduling platform that delivers a personalized experience across every transaction and interaction, enabling salons and spas to drive revenue, automate workflows, and convert customers from visitors into valuable and long-term clients. View on: LinkedIn.com | Sales Navigator.

New Funding Raised: $80M, Series D

Round Investors: JMI Equity (lead), Index Ventures, VMG Partners

🚀Growth Focus: Accelerate the delivery of enterprise capabilities across multiple self-care verticals and development to help customers continue transforming the client experience through smart technology.

HQ: Los Angeles, CA

Industry: Software Development

Employee Count: 453 (⚡17% increase in last 6 months)

🔥Open Sales Gigs: Currently Hiring

Hadrian manufactures critical precision components to build jets at an affordable rate, thereby enabling frontier technology enterprises to make rocket ships with the assistance of advanced manufacturing. View on: LinkedIn.com | Sales Navigator.

New Funding Raised: $260M, Series C

Round Investors: Founders Fund (lead), Lux Capital (lead), Morgan Stanley (lead), Construct Capital

🚀Growth Focus: Supports nearly five football fields' worth of new manufacturing space, expanded R&D capacity, and dedicated teams focused on shipbuilding and naval defense production.

HQ: Los Angeles, CA

Industry: Defense and Space Manufacturing

Employee Count: 234 (⚡12% increase in last 6 months)

Substack operates a subscription-based publishing platform that accommodates text, audio, and video tools to publish posts directly in subscribers' inboxes without ads to improve client relations, enabling users to start an email newsletter and publish. View on: LinkedIn.com | Sales Navigator.

New Funding Raised: $100M, Series C

Round Investors: TCG (lead), Bond (lead), Jens Grede, Rich Paul

🚀Growth Focus: Support for better tools, broader reach, and deeper support for writers and creators.

HQ: San Francisco, CA

Industry: Online Audio and Video Media

Employee Count: ~200 (LI says higher, but think that’s due to Substack creators)

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