💰The Funding Letter #1741: August 22

Ontic, Wellth, Loft Dynamics, and more...

August 22, 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: @afterhourssalesmemes

Daily Deals 💸

🌎 Americas

Ontic develops a protective intelligence platform to provide actionable insights for early threat detection, enabling security and resource teams to discover and investigate threats to protect executives, workplaces, and schools. View on: LinkedIn.com | Sales Navigator.

New Funding Raised: $230M, Series C

Round Investors: Kohlberg Kravis Roberts (lead), Ridge Ventures, Ten Eleven Ventures, JMI Equity

🚀Growth Focus: Grow international presence and advance its platform to support both global enterprises and the U.S. public sector.

HQ: Austin, TX

Industry: Software Development

Employee Count: 281

🔥Open Sales Gigs: Currently Hiring

Wellth builds a digital healthcare platform to improve treatment adherence through behavioral economics, allowing insurers and risk-bearing healthcare providers to understand their population and improve customer health. View on: LinkedIn.com | Sales Navigator.

New Funding Raised: $36M, Series C

Round Investors: Mercato Partners (lead), Comcast Ventures, CD-Venture, FCA Venture Partners

🚀Growth Focus: Expand access to its app across Medicare Advantage, Medicaid, D-SNP, and other high-need populations, while accelerating product innovation and partner growth.

HQ: Los Angeles, CA

Industry: Hospitals and Health Care

Employee Count: 132

SynergySuite has developed a cloud-based restaurant management software to simplify operations and increase profitability, enabling hotels and restaurants to run and grow their operations more efficiently. View on: LinkedIn.com | Sales Navigator.

New Funding Raised: $12M, Series C

Round Investors: Oyster Capital Partners (lead), First Analysis

🚀Growth Focus: Support global expansion, drive continued product innovation, and meet the growing demands of enterprise and multi-unit restaurant brands.

HQ: Sandy, UT

Industry: Software Development

Employee Count: 88

Wisdom builds a dental billing and revenue management platform to reduce administrative burden, enhance billing accuracy, and streamline insurance and patient payment processes, allowing dental practices to increase revenue, maintain financial records, and focus on patient care. View on: LinkedIn.com | Sales Navigator.

New Funding Raised: $21M, Series A

Round Investors: Permanent Capital Ventures (lead), Juxtapose, Aquiline Capital Partners

🚀Growth Focus: Advance dental RCM AI.

HQ: New York, NY

Industry: Financial Services

Employee Count: 63 (⚡31% increase in last 6 months)

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