💰The Funding Letter #1767: September 30

Alvys, Polars, Alex AI, and more...

September 30, 2025

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

Alvys builds a transportation management platform to eliminate waste by digitizing logistics workflows in freight tendering and carrier procurement, enabling clients to get complete visibility of their business and allowing them to make optimal decisions in saving time and money. View on: LinkedIn.com | Sales Navigator.

New Funding Raised: $40M, Series B

Round Investors: RTP Global (lead), Picus Capital, Alpha Square Group, Bonfire Ventures

🚀Growth Focus: Support to reinvent transportation management with AI automation.

HQ: Solana Beach, CA

Industry: Software Development

Employee Count: 133 (⚡13% increase in last 6 months)

🔥Open Sales Gigs: Currently Hiring

Alex AI builds an AI-powered recruiting platform that helps companies hire technical talent faster, allowing users to streamline the interviewing process and identify suitable talent. View on: LinkedIn.com | Sales Navigator.

New Funding Raised: $17M, Series A

Round Investors: Peak XV Partners (lead), Y Combinator, Uncorrelated Ventures

🚀Growth Focus: Revolutionize AI-powered recruiting and help AI hire more humans.

HQ: San Francisco, CA

Industry: Technology, Information, and Internet

Employee Count: 21 (⚡62% increase in last 6 months)

🔥Open Sales Gigs: Currently Hiring

Qovery operates a cloud application deployment and infrastructure automation platform that streamlines software development and deployment processes, enabling users and organizations to enhance engineering efficiency, accelerate development cycles, and reduce infrastructure management overhead. View on: LinkedIn.com | Sales Navigator.

New Funding Raised: $13M, Series A

Round Investors: IRIS (lead), Sebastien Pahl, Irregular Expressions, Ott Kaukver

🚀Growth Focus: Support to simplify cloud app deployment.

HQ: New York, NY

Industry: Software Development

Employee Count: 27 (⚡17% increase in last 6 months)

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