The Weekly Notable Startup Funding Report takes us on a trip across various ecosystems in the US, highlighting some of the notable funding activity in the various markets that we track. The notable startup funding rounds for the week ending 8/7/21 featuring funding details for DoNotPay, Knowde, SentiLink, and twenty-three other rounds that you need to know about.
Ahana — $20.0M – Series A
San Mateo-based Ahana brings PrestoDB-based ad hoc analytics offerings to market. Founded by Ashish Tadose, David Simmen, Dipti Borkar, George Wang, Steven Mih, and Vivek Bharathan in 2020, Ahana has now raised a total of $24.8M in total equity funding and is backed by GV, Leslie Ventures, Lux Capital, and Third Point Ventures.
Data Gumbo — $7.7M – Series B
Houston-based Data Gumbo is the provider of GumboNet⢠â the massively interconnected industrial smart contract network secured and powered by blockchain Founded by Andrew Bruce in 2016, Data Gumbo has now raised a total of $17.7M in total equity funding and is backed by Equinor Ventures, L37 Venture Partners, and Saudi Aramco Energy Ventures.
DoNotPay — $10.0M – Series B
Midvale-based DoNotPay is an online robot lawyer that allows anyone to automatically claim asylum in the U.S, U.K, and Canada for free. Founded by Joshua Browder in 2016, DoNotPay has now raised a total of $27.7M in total equity funding and is backed by Andreessen Horowitz, Balaji Srinivasan, Daniel Dines, Day One Ventures, Dylan Field, Felicis Ventures, Jack Newton, JAM Fund, Lux Capital, Sam Bankman-Fried, and Tribe Capital.
Elroy Air — $40.0M – Series A
San Francisco-based Elroy Air is a logistics company that specializes in the fields of logistics, robotics, and air transportation. Founded by Clint Cope and David Merrill in 2016, Elroy Air has now raised a total of $56.0M in total equity funding and is backed by Catapult Ventures, DiamondStream Partners, Lev Ekster, Lockheed Martin Ventures, Marlinspike Capital, Precursor Ventures, Prosperity7 Ventures, Shield Capital Partners, and Side X Side Management.
Entando — $11.0M – Series B
San Diego-based Entando is an open-source software company providing an application composition platform for building applications on Kubernetes. Founded by Claudio Ambu, Paul Hinz, and Walter Ambu in 2014, Entando has now raised a total of $14.3M in total equity funding and is backed by United Ventures and Vertis SGR S.p.A..
Finite State — $30.0M – Series B
Columbus-based Finite State provides product and supply chain security for connected devices and critical infrastructure. Founded by David Harvilicz and Matt Wyckhouse in 2017, Finite State has now raised a total of $49.5M in total equity funding and is backed by Energize Ventures, Merlin Ventures, and SE Ventures.
FullStory — $103.0M – Series D
Atlanta-based FullStory is a customer experience data app that captures customer experience data in one powerful and easy-to-use platform. Founded by Bruce Johnson, Joel Webber, and Scott Voigt in 2014, FullStory has now raised a total of $172.2M in total equity funding and is backed by Dell Technologies Capital, Glynn Capital Management, GV, Kleiner Perkins, Permira, Salesforce Ventures, and Stripes.
Revel — $3.5M – Seed
San Francisco-based Revel is a marketplace for women over 50 to host and attend small, local gatherings on topics of their choice. Founded by Alexa Wahr and Lisa Marrone in 2019, Revel has now raised a total of $6.2M in total equity funding and is backed by Alexis Ohanian, Andy McLoughlin, August Capital, Chris Bennett, Elizabeth Weil, Forerunner Ventures, Gordon Sween, Maveron, Villi Iltchev, and Y Combinator.
Human Interest — $200.0M – Series D
San Francisco-based Human Interest helps employees of small and medium-sized businesses save for retirement. Founded by Paul Sawaya and Roger Lee in 2015, Human Interest has now raised a total of $336.7M in total equity funding and is backed by Crosslink Capital, Glynn Capital Management, NewView Capital, Slow Capital, SoftBank Vision Fund, Susa Ventures, The Rise Fund, U.S. Venture Partners, Uncork Capital, and Wing Venture Capital.
Iterative Scopes — $30.0M – Series A
Cambridge-based Iterative Scopes delivers tools for physicians and life sciences in colorectal cancer and inflammatory bowel disease space. Founded by Jonathan Ng in 2017, Iterative Scopes has now raised a total of $41.7M in total equity funding and is backed by Breyer Capital, Eli Lilly, Johnson & Johnson Innovation â JJDC, Lee Shapiro, Nat Turner, Obvious Ventures, Seae Ventures, and Zach Weinberg.
Knowde — $72.0M – Series B
San Jose-based Knowde is the online marketing platform dedicated to chemicals and ingredients. Founded by Ali Amin- Javaheri, Janakiraman Swamy, Jeffery Reid, Jeffery Reid, and Wojciech Krupa in 2017, Knowde has now raised a total of $90.8M in total equity funding and is backed by Bee Partners, Cantos, Coatue, K5 Global, MANTIS Venture Capital, Refactor Capital, Sequoia Capital, Sound Ventures, The Chainsmokers, and TQ Ventures.
MakersPlace — $30.0M – Series A
San Francisco-based MakersPlace is an authentic and unique digital creation platform powered by blockchain technology for digital creators. Founded by Daniel Chu, Daniel Chu, Ryoma Ito, and Yash Nelapati in 2016, MakersPlace has now raised a total of $34.0M in total equity funding and is backed by Bessemer Venture Partners, Eminem (Marshall Mathers), Pantera Capital, Sony Music Entertainment, and Uncork Capital.
Messari — $21.0M – Series A
New York-based Messari is a cryptocurrency analytics company that provides market intelligence platform for the crypto industry. Founded by Dan McArdle and Ryan Selkis in 2018, Messari has now raised a total of $26.0M in total equity funding and is backed by Alameda Research, Blockchain Ventures Corp, CMS Holdings, Coinbase Ventures, Diogo Monica, Gemini Frontier Fund, Kraken, Nascent, Point72 Ventures, Thomas Glocer, Uncork Capital, Underscore VC, and Winklevoss Capital.
Mixlab — $20.0M – Series A
New York-based Mixlab is the best-in-class pet pharmacy that partners with veterinarians. Founded by Frederic Dijols, Stella Kim, Vinnie Dam, and Webster Ross in 2017, Mixlab has now raised a total of $30.5M in total equity funding and is backed by Brand Foundry Ventures, Global Founders Capital, Lakehouse Ventures, Monogram Capital Partners, and Sonoma Brands.
NovaKid — $35.0M – Series B
San Francisco-based NovaKid is an edtech platform for learning English as a second language for children ages 4 to 12. Founded by Dmitry Malin and Maxim Azarov in 2017, NovaKid has now raised a total of $41.5M in total equity funding and is backed by Bon Angels Venture Partners, Goodwater Capital, LearnStart, LETA Capital, Owl Ventures, PortfoLion Capital Partners, TMT Investments, and Xploration Capital.
Nozomi Networks — $100.0M – Series D
San Francisco-based Nozomi Networks offers cybersecurity and operational visibility solutions for industrial control systems. Founded by Andrea Carcano and Moreno Carullo in 2013, Nozomi Networks has now raised a total of $152.5M in total equity funding and is backed by Forward Investments, Honeywell Venture Capital, In-Q-Tel, Keysight Technologies, Porsche Ventures, Telefonica Innovation Ventures, and Triangle Peak Partners.
Retain.ai — $23.0M – Series A
San Francisco-based Retain sits in your workflow identifying and sharing customer teamsâ best habits that drive revenue and retention. Founded by Eric Chernoff and Vlad Shulman in 2017, Retain.ai has now raised a total of $27.6M in total equity funding and is backed by Afore Capital, Baseline Ventures, Emergence, and Upside Partnership.
ReversingLabs — $56.0M – Series B
Cambridge-based ReversingLabs delivers game changing threat detection and analysis solutions. Founded by Mario Vuksan and Tomislav Pericin in 2009, ReversingLabs has now raised a total of $81.0M in total equity funding and is backed by Crosspoint Capital Partners, ForgePoint Capital, and Prelude Fund.
Ryff — $11.7M – Venture
Los Angeles-based Ryff is a marketing company that runs an image technology platform with the aim of integrating future brands. Founded by Mark Turner and Roy Taylor in 2018, Ryff has now raised a total of $20.3M in total equity funding and is backed by Audent Global Asset Management, MaC Venture Capital, Moneta Ventures, Valor Equity Partners, and Vulcan Capital.
SentiLink — $70.0M – Series B
San Francisco-based SentiLink is an identity verification technology company that helps in detecting and blocking synthetic identities. Founded by Maxwell Blumenfeld and Naftali Harris in 2017, SentiLink has now raised a total of $84.0M in total equity funding and is backed by Andreessen Horowitz, Craft Ventures, Felicis Ventures, and Nyca Partners.
Third Wave Automation — $40.0M – Series B
Union City-based Third Wave Automation provides cloud robotics and machine learning technology to material handling automation. Founded by Arshan Poursohi, James Davidson, and Julian (Mac) Mason in 2018, Third Wave Automation has now raised a total of $55.0M in total equity funding and is backed by Eclipse Ventures, Innovation Endeavors, Norwest Venture Partners, and Toyota Ventures.
InterVenn — $201.0M – Series C
South San Francisco-based InterVenn Biosciences identifies, quantifies, and classifies Glycoproteomic and other PTM signals found in human blood and tissue. Founded by Aldo Carrascoso, Carlito Lebrilla, Carolyn Bertozzi, and Lieza Danan in 2017, InterVenn has now raised a total of $278.1M in total equity funding and is backed by Amplify Partners, Anzu Partners, Genoa Ventures, Heritage Provider Network, Highside Capital Management, Irving Investors, SoftBank Group, and True Ventures.
yellow.ai — $78.2M – Series C
San Mateo-based Yellow.ai is a customer experience automation platform enabling enterprises to leverage its NLP engine to build chat and voice bots. Founded by Anik Das, Jaya Kishore Reddy Gollareddy, Raghu Ravinutala, and Rashid Khan in 2016, yellow.ai has now raised a total of $102.2M in total equity funding and is backed by Lightspeed Venture Partners, Salesforce Ventures, Sapphire Ventures, and WestBridge Capital.
Zeni — $34.0M – Series B
Palo Alto-based Zeni is an AI-powered finance concierge for startups and small businesses. Founded by Snehal Shinde and Swapnil Shinde in 2019, Zeni has now raised a total of $47.5M in total equity funding and is backed by Amit Singhal, Dragon Capital, Elevation Capital, Liquid 2 Ventures, Neeraj Arora, Saama Capital, Sierra Ventures, Think Investments, and Twin Ventures.
ZeroEyes — $20.9M – Series A
Philadelphia-based ZeroEyes is an AI security company that detects the weapon and sends an alert to prevent and stop active shooter threats. Founded by Billy Hunter, Caleb Jones, Dustin Brooks, Mike Lahiff, Rob Huberty, Sam Alaimo, and Tim Sulzer in 2018, ZeroEyes has now raised a total of $25.9M in total equity funding and is backed by Alliance Holdings GP, Alpha Intelligence Capital, Grateful Ventures, Legion Capital, and Octave Ventures.
