The Weekly Notable Startup Funding Report takes us on a visit throughout numerous ecosystems within the US, highlighting a number of the notable funding exercise within the numerous markets that we observe. The notable startup funding rounds for the week ending 6/8/24 that includes funding particulars for Stacklet, Dice Dev, and ten different offers representing $374M in new funding that it is advisable to learn about.
AcuityMD – $45.0M
Boston-based AcuityMD develops a medical expertise software program platform for commercializing and bettering medical gadgets with knowledge. Based by Lee Smith, Michael Monovoukas, and Robert Coe in 2019, AcuityMD has now raised a complete of $83.0M in whole fairness funding and is backed by Artisanal Ventures, Atreides Administration, Benchmark, ICONIQ Progress, Redpoint, StepStone Group.
Eko Well being – $41.0M
Emeryville-based Eko Well being is a digital well being firm offering digital stethoscopes and an AI detection platform for diagnosing coronary heart and lung ailments. Based by Connor Landgraf, Jason Bellet, and Tyler Crouch in 2013, Eko Well being has now raised a complete of $163.8M in whole fairness funding and is backed by Artis Ventures (AV), Highland Capital Companions, NTT Enterprise Capital, Questa Capital Administration.
Elevate Pay – $5.0M
Newark-based Elevate Pay is a monetary expertise firm that provides a cellular banking app to offer shoppers with regulated banking providers. Based by Abdigani Diriye, Khalid Keenan, and Youcef Oudjidane in 2021, Elevate Pay has now raised a complete of $12.3M in whole fairness funding and is backed by World Founders Capital, Goodwater Capital, Negma Group, VentureSouq, Y Combinator.
HYPR – $30.0M
New York-based HYPR is an identification assurance firm that focuses on passwordless authentication options. Based by Bojan Simic, George Avetisov, James Barcia, and Roman Kadinsky in 2014, HYPR has now raised a complete of $122.1M in whole fairness funding and is backed by Silver Lake Waterman.
The AlleyWatch viewers is driving progress and innovation on a world scale. There are a selection of choices to achieve this viewers of the world’s most modern organizations and startups at scale together with strategic model placement, lead era, and thought management in entrance of an viewers that contains the overwhelming majority of key decision-makers within the NYC enterprise neighborhood and past. Be taught extra about promoting to NYC Tech, at scale.
Indico Information – $19.0M
Bolton-based Indico Information gives knowledge clever consumption options that automates and enhances knowledge processing duties. Based by Alec Radford, Diana Yuan, Madison Might, and Slater Victoroff in 2014, Indico Information has now raised a complete of $49.2M in whole fairness funding and is backed by .406 Ventures, Guidewire Software program, Soar Capital, Osage Enterprise Companions, Sandbox Industries.
Stacklet – $14.5M
Arlington-based Stacklet is a cloud governance platform that helps firms handle safety, operations, value, and asset visibility within the cloud. Based by Kapil Thangavelu and Travis Stanfield in 2020, Stacklet has now raised a complete of $36.5M in whole fairness funding and is backed by Capital One Ventures, Basis Capital, Relentless VC, SineWave Ventures, Strait Capital Funding Group, Uncorrelated Ventures.
Testsigma – $8.2M
Palo Alto-based Testsigma is a cloud-based steady testing platform for Agile and DevOps groups. Based by Pratheep Velicherla and Rukmangada Kandyala in 2019, Testsigma has now raised a complete of $12.8M in whole fairness funding and is backed by Accel, BoldCap, MassMutual Ventures, STRIVE.
Dice Dev – $25.0M
San Francisco-based Dice gives an analytical software platform to assist firms handle and optimize their analytics workflow. Based by Artyom Keydunov and Pavel Tinuov in 2019, Dice Dev has now raised a complete of $46.7M in whole fairness funding and is backed by 645 Ventures, Bain Capital Ventures, Databricks Ventures, Decibel Companions, Eniac Ventures.
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Vantage Discovery – $16.0M
San Francisco-based Vantage Discovery is a generative AI-powered SaaS search and content material discovery platform that gives personalised procuring suggestions. Based by Lance Riedel and Nigel Daley in 2023, Vantage Discovery has now raised a complete of $20.0M in whole fairness funding and is backed by Biz Stone, Widespread Metallic, Future Optimistic, Jony Ive, foyer capital, The Hive.
Restor3d – $55.0M
Durham-based Restor3d creates 3D-printed orthopedic implants utilizing Synthetic Intelligence and biomaterials to boost personalised musculoskeletal care. Based by Andrew Miller and Ken Gall in 2017, Restor3d has now raised a complete of $134.7M in whole fairness funding and is backed by Summers Worth Companions.
Sixfold AI – $15.0M
New York-based Sixfold AI is an insurtech startup that leverages generative AI to enhance insurance coverage underwriting processes. Based by Alex Schmelkin, Brian Moseley, and Jane Tran in 2023, Sixfold AI has now raised a complete of $21.5M in whole fairness funding and is backed by Bessemer Enterprise Companions, Crystal Enterprise Companions, Salesforce Ventures, Scale Enterprise Companions.
Xcimer Power – $100.0M
Redwood Metropolis-based Xcimer Power is an inertial fusion firm providing laser-driven fusion to offer low-cost, ample, and carbon-free vitality. Based by Alexander Valys and Conner Galloway in 2021, Xcimer Power has now raised a complete of $100.0M in whole fairness funding and is backed by Breakthrough Power Ventures, Emerson Collective, Gigascale Capital, Hedosophia, Lowercarbon Capital, Prelude Ventures, Starlight Ventures.
The AlleyWatch viewers is driving progress and innovation on a world scale. There are a selection of choices to achieve this viewers of the world’s most modern organizations and startups at scale together with strategic model placement, lead era, and thought management in entrance of an viewers that contains the overwhelming majority of key decision-makers within the NYC enterprise neighborhood and past. Be taught extra about promoting to NYC Tech, at scale.
