💰The Funding Letter #1561: December 6

TRACTIAN, AMP, Lawhive, and more...

December 06, 2024

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Happy Friday! This exclusive edition of The Funding Letter comes to you from our headquarters in New York City. Have a great weekend!

Hit the Gong 🎉

Source: @theangrysalesperson

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Daily Deals 💸

🌎 Americas

AMP operates a recycling infrastructure platform that automates the identification and sorting of recyclables from mixed material streams, enabling users to improve automation with the latest applications of advanced AI, and recycling businesses and producers to maximize recovery. View on: LinkedIn.com | Sales Navigator.

New Funding Raised: $91M, Series D

Round Investors: congruent Ventures (lead), Sequoia Capital, Tao Capital Partners, Range Ventures

🚀Growth Focus: Accelerate the deployment of its AMP ONE™ systems capable of sorting municipal solid waste.

HQ: Louisville, CO

Industry: Climate Technology Product Manufacturing

Employee Count: 700

TRACTIAN develops an asset performance management system to give maintenance technicians and industrial decision-makers comprehensive oversight of operations, allowing maintenance teams to access real-time monitoring and asset operations systems. View on: LinkedIn.com | Sales Navigator.

New Funding Raised: $120M, Series C

Round Investors: Sapphire Ventures (lead), General Catalyst, Next47, NGP Capital

🚀Growth Focus: Accelerate its mission to optimize machine performance and ensure unprecedented uptime.

HQ: Atlanta, GA

Industry: Software Development

Employee Count: 104 (⚡27% increase in last 6 months)

🔥Open Sales Gigs: Currently Hiring

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