Good Morning! This free edition of The Funding Letter comes to you from our headquarters in New York City.
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Source: @sales_bant_er
Daily Deals 💸
🌎 Americas
ThreatLocker develops a cybersecurity platform that protects businesses from zero-day security threats, enabling businesses to maintain data privacy while transacting digitally.
New Funding Raised: $190M, Series F
Round Investors: Elephant (lead), D. E. Shaw & Co., Arthur Ventures, Koch Disruptive Technologies
🚀Growth Focus: Support the continued development of its controls for AI-related security risks, make further improvements to its platform, and drive international expansion.
Press: PR Newswire, Pulse 2.0
HQ: Orlando, FL
Industry: Computer and Network Security
Employee Count: 732
CAIS operates an alternative investment platform, allowing financial advisors and wealth management firms to access, transact, and manage private market and alternative investment products.
New Funding Raised: $170M, Series D
Round Investors: Vista Equity Partners (lead), Golub Capital, Royal Bank of Canada, Lord Abbett
🚀Growth Focus: Expand its platform, scale its technology and AI capabilities, explore strategic opportunities, and continue delivering innovation for advisors.
HQ: New York, NY
Industry: Financial Services
Employee Count: 555
Eliyan develops a chiplet interconnect technology system for AI performance, enabling industries to meet the growing computational demands of modern applications.
New Funding Raised: $145M, Series C
Round Investors: Seligman Ventures (lead), Cisco Investments, Lumentum, Intel Capital
🚀Growth Focus: Expand the development efforts of its interconnect technologies and products, expand ecosystem partnerships, and scale manufacturing.
Press: GlobeNewswire, SiliconANGLE
HQ: Santa Clara, CA
Industry: Semiconductor Manufacturing
Employee Count: 99
CoreMap develops a diagnostic technology that enables curative treatment options, allowing medical practitioners to improve outcomes for patients.
New Funding Raised: $37M, Series C
Round Investors: Medtronic (lead)
🚀Growth Focus: Accelerate commercialization of its next-generation atrial fibrillation mapping platform designed to improve the precision of catheter ablation procedures.
Press: citybiz, EIN Presswire
HQ: Burlington, MA
Industry: Medical Device
Employee Count: 46
Claris Biotherapeutics provides a topical formulation technology that treats orphan ophthalmic disorders, enabling healthcare professionals to get access to noninvasive treatment and patients to recover and stay fit.
New Funding Raised: $118M, Series B
Round Investors: Catalio Capital Management (lead), Samsara BioCapital (lead), Aisling Capital, Janus Henderson Investors
🚀Growth Focus: Accelerate its next phase of growth as it advances CSB-001 based on positive proof-of-concept data towards the planned initiation of pivotal studies in 1H 2027 in patients with limbal stem cell deficiency.
Press: GlobeNewswire, Yahoo Finance
HQ: Jersey City, NJ
Industry: Biotechnology Research
Employee Count: 15
Onyx Security develops an enterprise AI security platform that provides visibility, governance, and protection for organizations deploying AI agents, allowing enterprises to secure AI agent operations, ensure compliance, and reduce exposure to security threats across diverse environments.
New Funding Raised: $113M, Series B
Round Investors: Bessemer Venture Partners (lead), G Squared, Conviction, Cyberstarts
🚀Growth Focus: Support for training the next generation of its proprietary models and for scaling the enterprise go-to-market in the United States and beyond.
Press: Business Wire, Yahoo Finance
HQ: New York, NY
Industry: Computer and Network Security
Employee Count: 93
Freehand develops AI-powered software for construction project management, enabling contractors to automate workflows, manage project data, and improve operational efficiency.
New Funding Raised: $75M, Series B
Round Investors: Battery Ventures (lead), NewRoad Capital Partners (lead), PSP Growth, Nexus Venture Partners
🚀Growth Focus: Expand past invoice processing into direct materials and maintenance, repair, and operations spend.
Press: Ventureburn, Yahoo Finance
HQ: San Francisco, CA
Industry: Technology, Information and Internet
Employee Count: 125
Encore AI operates an AI-powered revenue intelligence platform, allowing businesses to automate sales workflows, analyze user interactions, and improve revenue performance.
New Funding Raised: $30M, Series A
Round Investors: Planven Entrepreneur Ventures (lead), Team8 (lead), The Garage, Yasmin Lukatz
🚀Growth Focus: Expand revenue-focused enterprise AI platform, support global expansion and wider adoption across regulated industries.
Press: Ventureburn, TechCrunch
HQ: New York, NY
Industry: Technology, Information and Internet
Employee Count: 1
Terminal develops an API tool that integrates telematics into applications, enabling developers to build and connect their applications to the services without dealing with the complex underlying details.
New Funding Raised: $20M, Series A
Round Investors: Battery Ventures (lead), Intact Private Capital, Penske Truck Leasing, Wayfinder Ventures
🚀Growth Focus: Expand its unified telematics integration platform across the insurance, fleet management, logistics, and financial services industries.
Press: PR Newswire, Pulse 2.0
HQ: Toronto, Canada
Industry: Software Development
Employee Count: 70
Henry’s property technology platform improves business processes for commercial real estate brokers, allowing brokers to close deals faster by reducing repetitive tasks and streamlining workflow.
New Funding Raised: $16.5M, Series A
Round Investors: FirstMark (lead), Thomson Reuters Ventures, Susa Ventures, RXR ARDEN Digital Ventures
🚀Growth Focus: Expand its engineering and product teams and build out from a document engine into the system of record for CRE deals.
Press: PR Newswire, citybiz
HQ: New York City, NY
Industry: Real Estate
Employee Count: 32
Healia Health builds a health reimbursement arrangement platform that helps employers manage employee healthcare benefit expenses, enabling businesses and employees to get health reimbursement arrangements and save expenses.
New Funding Raised: $14M, Series A
Round Investors: 111° West Capital (lead), First Round Capital, GoAhead Ventures, North Coast Ventures
🚀Growth Focus: Expand its healthcare benefits platform designed to help employers lower health insurance costs while reducing out-of-pocket expenses for dual-income households.
Press: citybiz, Yahoo Finance
HQ: Columbus, OH
Industry: Software Development
Employee Count: 28
Weave operates an AI-driven engineering analytics platform that improves visibility into software team performance and project outcomes, allowing engineering leaders and teams to make data-informed decisions, optimize resource allocation, and enhance delivery efficiency.
New Funding Raised: $13.5M, Series A
Round Investors: Standard Capital (lead), Burst Capital, Irregular Expressions, Moonfire Ventures
🚀Growth Focus: Expand operations and its development efforts.
HQ: San Francisco, CA
Industry: Technology, Information and Internet
Employee Count: 23
Buildforce develops a construction workforce platform that matches tradespeople with contractors, enabling users to find the right skillful candidates for their complex, critical projects and applicants to develop and improve their careers with better opportunities.
New Funding Raised: $10M, Series A
Round Investors: Saepio Capital (lead), S3 Ventures, Chicago Ventures, Blue Heron Capital
🚀Growth Focus: Fuel continued national expansion and further develop its technology, serving both electricians and electrical contractors.
Press: PR Newswire, Yahoo Finance
HQ: Houston, TX
Industry: Construction
Employee Count: 101
🌍 EMEA
Qureight develops a clinical data curation and analytics platform that combines technology and life sciences to accelerate drug development, allowing health practitioners to identify novel biomarkers and understand diseases and therapeutic approaches.
New Funding Raised: $20M, Series B
Round Investors: Molten Ventures (lead), XTX Ventures, Guinness Ventures, Ascension
🚀Growth Focus: Accelerate the development of its AI-powered imaging platform for clinical trials, expanding beyond its leadership in lung fibrosis into additional pulmonary and cardiovascular diseases while scaling its commercial operations to meet growing demand from biopharmaceutical companies.
Press: Pulse 2.0, Business Wire
HQ: Cambridge, England
Industry: Hospitals and Health Care
Employee Count: 58
LemonEdge develops a low/auto-code accounting platform that automates and digitizes end-to-end complex accounting processes for private capital firms, enabling the private capital industry to achieve operational efficiencies, improved decision-making, unrestricted financial control, and data transparency.
New Funding Raised: $21M, Series A
Round Investors: Blackstone Innovations Investments (lead), Sidekick Partners, BNY
🚀Growth Focus: Accelerate the development of its private markets fund accounting platform and expand its presence across the United States and Europe, as demand grows for modern infrastructure supporting alternative asset managers.
Press: citybiz, Startup Researcher
HQ: London, England
Industry: Software Development
Employee Count: 71
Sales Gigs 🏆
⭐️Fireworks AI (LI) is hiring Enterprise AEs, a Head of Sales Development, and AI Native AEs for its NYC and San Mateo-based teams.
Ollama (LI) is hiring a founding Account Executive for its Palo Alto-based team.
Arcade (LI) is hiring Founding Enterprise AEs out of its San Francisco and NYC offices.
Bland (LI) is hiring BDRs, Mid-Market AEs, and Enterprise AEs for its SF-based team.
PointFive (LI) is hiring Enterprise AEs for its West Coast and London-based teams.
NinjaOne (LI) is hiring Enterprise Regional Sales Managers and Enterprise AEs globally.
Corgi Insurance (LI) is hiring Enterprise AEs and SDRs for its New York + SF offices.
Mecka (LI) is hiring a Director of NA Enterprise Sales for its NY-based team.
Cyera (LI) is hiring a Regional Sales Director - West, and a Commercial AE - Northeast for its SF + NYC teams.
Exa (LI) is hiring a Founding NYC AE and a Head of Sales Development for its SF/NYC-based team.
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