💰The Funding Letter #1728: August 5

OpenAI, Blue J, Human Interest, and more...

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

Hit the Gong 🎉

Source: @techicorn_startup

Daily Deals 💸

🌎 Americas

OpenAI provides machine learning systems for general-purpose AI applications, allowing enterprises, developers, and researchers to build, test, and deploy intelligent systems that support automation, content generation, data analysis, and interactive problem-solving across various domains. View on: LinkedIn.com | Sales Navigator.

New Funding Raised: $8.3B, Venture - Series Undisclosed

Round Investors: Dragoneer Investment Group (lead), Sequoia Capital, Altimeter Capital, D1 Capital Partners

🚀Growth Focus: Support its $300 billion infrastructure project with SoftBank and Oracle, first unveiled in January.

HQ: San Francisco, CA

Industry: Research Services

Employee Count: 6761 (⚡61% increase in last 6 months)

Human Interest operates an administration and advising platform to offer access to a secure financial future, enabling small and medium-sized businesses to serve their employees with proper financial security. View on: LinkedIn.com | Sales Navigator.

New Funding Raised: $50M, Series E

Round Investors: Morgan Stanley Tactical Value (lead)

🚀Growth Focus: Expanded access to modern, automated retirement benefits for businesses of all sizes.

HQ: San Francisco, CA

Industry: Financial Services

Employee Count: 786

🔥Open Sales Gigs: Currently Hiring

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