In partnership with
Good Morning! This exclusive edition of The Funding Letter comes to you from our headquarters in New York City. 🔥New Sales Gigs from Supabase, n8n, and Harvey below!
Hit the Gong 🎉
Source: @overheard_sales
Discover the measurable impacts of AI agents for customer support
How Did Papaya Slash Support Costs Without Adding Headcount?
When Papaya saw support tickets surge, they faced a tough choice: hire more agents or risk slower service. Instead, they found a third option—one that scaled their support without scaling their team.
The secret? An AI-powered support agent from Maven AGI that started resolving customer inquiries on day one.
With Maven AGI, Papaya now handles 90% of inquiries automatically - cutting costs in half while improving response times and customer satisfaction. No more rigid decision trees. No more endless manual upkeep. Just fast, accurate answers at scale.
The best part? Their human team is free to focus on the complex, high-value issues that matter most.
Daily Deals 💸
🌎 Americas
Nova Credit develops a global credit reporting platform that improves credit access for immigrants by making their financial history portable across borders, enabling users to make informed decisions while helping immigrants access financial services, housing, and more abroad. View on: LinkedIn.com | Sales Navigator.
New Funding Raised: $35M, Series D
Round Investors: Socium Ventures (lead), Canapi Ventures, Y Combinator, Index Ventures
🚀Growth Focus: Expand development of its cash flow underwriting platform.
Press: Business Wire, Yahoo Finance
HQ: San Francisco, CA
Industry: Financial Services
Employee Count: 114
Tachyum provides intelligent information processing products that enhance performance, power efficiency, and cost advantages to solve complex problems in big data analytics, deep learning, mobile, and large-scale computing, allowing users to reduce the cost of ownership and power consumption easily. View on: LinkedIn.com | Sales Navigator.
New Funding Raised: $220M, Series C
Round Investors: [Not Disclosed]
🚀Growth Focus: Produce its Prodigy chips to further reduce cost and energy for inference and training ultra-large AI models without sacrificing accuracy or task performance.
Press: Business Wire, Yahoo Finance
HQ: Las Vegas, NV
Industry: Computer Hardware Manufacturing
Employee Count: 45 (⚡10% increase in last 6 months)
Kailera Therapeutics operates a biopharmaceutical company that develops a broad, advanced, and differentiated portfolio of clinical-stage injectable and oral therapies, enabling users to transform their lives and elevate their overall health. View on: LinkedIn.com | Sales Navigator.
New Funding Raised: $600M, Series B
Round Investors: Bain Capital Private Equity (lead), CPP Investments, Qatar Investment Authority, Perseverance Capital Management
🚀Growth Focus: Accelerate the advancement of its pipeline, including its lead program KAI-9531, which has the potential to deliver substantial weight loss for people living with obesity.
Press: GlobeNewswire, Yahoo Finance
HQ: Waltham, MA
Industry: Biotechnology Research
Employee Count: 125 (⚡23% increase in last 6 months)
Subscribe to TFL All-Access Tier to read the rest.
Become a paying subscriber of TFL All-Access Tier to get access to this post and other subscriber-only content.
UpgradeA subscription gets you:
- Exclusive Access to The Funding Letter, delivering hundreds of leads to your inbox each month
- Searchable weekly, monthly, and annual datasets of funding announcement leads, so you can quickly find the most relevant data
- The hottest Sales Gigs in the industry, sourced from the fastest growing startups
- ..and much more to come!