💰The Funding Letter #1237: September 1

Elemental Cognition, Otto, Speak, and more...

September 01, 2023

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: @sales_humor

Daily Deals 💸

🌎 Americas

Spencer Health Solutions provides a health technology that improves patient engagement and medication adherence for clinical trials and commercial pharmaceutical programs, easing the burden of medication management for patients and caregivers. View on: LinkedIn.com | Sales Navigator.

New Funding Raised: $43M, Series D

Round Investors: [Not Disclosed]

🚀Growth Focus: Help support and scale several major chronic care provider contracts recently awarded in the US, Canada, and Europe.

HQ: Morrisville, NC

Industry: Medical Equipment Manufacturing

Employee Count: 78

Elemental Cognition is a generative AI that combines large language models with a variety of other AI techniques to ensure solutions to dynamic problems, enabling users to accelerate and improve critical decision-making for complex, high-value problems. View on: LinkedIn.com | Sales Navigator.

New Funding Raised: $60M, Series B

Round Investors: Bridgewater Associates, Breyer Capital, AME Cloud Ventures, Staged Ventures

🚀Growth Focus: Accelerate the commercial growth of its patented platform.

HQ: New York, NY

Industry: Technology, Information and Internet

Employee Count: 50

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