💰The Funding Letter #1717: July 21

Sunsave, Perplexity, BrightAI, and more...

July 21, 2025

Happy Monday! This exclusive edition of The Funding Letter comes to you from our headquarters in New York City.

💥Weekly Recap Google Sheet💥 We compile all of the previous week’s funding announcements into an easily searchable dataset. Click here to learn who raised funding last week.

Hit the Gong 🎉

Source: @sales_bant_er

Daily Deals 💸

🌎 Americas

Perplexity develops AI-powered information discovery tools for answering questions and exploring topics, allowing researchers, professionals, and individuals to efficiently access comprehensive information for enhancing their research and decision-making processes. View on: LinkedIn.com | Sales Navigator.

New Funding Raised: $100M, Venture - Series Undisclosed ($18B Valuation)

Round Investors: SoftBank Vision Fund, New Enterprise Associates, IVP, NVIDIA

🚀Growth Focus: Expand operations and its development efforts.

HQ: San Francisco, CA

Industry: Software Development

Employee Count: 1369 (⚡169% increase in last 6 months)

BrightAI has developed an autonomous infrastructure intelligence to make the invisible state of physical infrastructure visible and actionable, enabling clients to get help in real-time monitoring and proactive asset management. View on: LinkedIn.com | Sales Navigator.

New Funding Raised: $51M, Series A

Round Investors: Inspired Capital Partners (lead), Khosla Ventures(lead), BoxGroup, Cooley

🚀 Growth Focus: Expand operations and business reach into new industries, attracting new customers.

HQ: San Francisco, CA

Industry: Software Development

Employee Count: 65 (⚡10% increase in last 6 months)

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