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 8/20/22 featuring funding details for ThreatX, Modulate, Explo, and eight other rounds representing $192M in new funding that you need to know about.
CareHarmony — $15.0M – Series A
Brentwood-based CareHarmony is the premier provider of technology-enabled care coordination services for chronic disease management. Founded by Gokul Mohan in 2018, CareHarmony has now raised a total of $17.0M in total equity funding and is backed by Maverick Ventures and Nashville Capital Network.
Phyllo — $15.0M – Series A
San Francisco-based Phyllo provides economy-focused data infrastructure that connects with every creator platform. Founded by Achintya Gupta, Akhil Bhiwal, and Mohit Kumar in 2021, Phyllo has now raised a total of $17.8M in total equity funding and is backed by Ankur Nagpal, Better Capital, iSeed, Nakul Gupta, Nexus Venture Partners, Pat Shah, RTP Global, and Sima Gandhi.
Flossy — $14.7M – Series A
Los Angeles-based Flossy is a dental app that offers patients access to high-quality dental care at an affordable price. Founded by Miles Beckett and Steve Seigel in 2020, Flossy has now raised a total of $17.8M in total equity funding and is backed by 8VC, Clocktower Technology Ventures, Slow Ventures, SV Angel, and TTV Capital.
Arc Technologies — $20.0M – Series A
San Francisco-based Arc is a full-service finance platform that provides software startups with customized financial products. Founded by Don Muir, Nick Lombardo, and Raven Jiang in 2021, Arc Technologies has now raised a total of $31.0M in total equity funding and is backed by Alumni Ventures, Atalaya Capital, Bain Capital Ventures, Clocktower Technology Ventures, Dreamers VC, Left Lane Capital, NFX, Soma Capital, Torch Capital, and Y Combinator.
Microverse — $4.0M – Series A
San Francisco-based Microverse is an online school for remote software developers that costs nothing until getting the job. Founded by Ariel Camus in 2017, Microverse has now raised a total of $19.7M in total equity funding and is backed by All Iron Ventures, Erica Brescia, General Catalyst, Julia Hartz, Kevin Hartz, Northzone, and True Equity.
Modulate — $30.0M – Series A
Cambridge-based Modulate creates customizable voice skins for games & using machine learning to make voice completely customizable. Founded by Carter Huffman and Mike Pappas in 2017, Modulate has now raised a total of $36.0M in total equity funding and is backed by Everblue Management, Hyperplane Venture Capital, and Lakestar.
Motivo Health — $14.0M – Series A
Atlanta-based Motivo connects mental health organizations with virtual clinical supervisors and licensed providers to fill mental health workforce gaps. Founded by Mike Chen and Rachel McCrickard in 2018, Motivo Health has now raised a total of $16.2M in total equity funding and is backed by Cox Enterprises, Great Oaks Venture Capital, and SteelSky Ventures.
Sync Computing — $12.0M – Series A
Cambridge-based Sync Computing is a cloud infrastructure company that develops of an optimization processing unit. Founded by Jeff Chou and Suraj Bramhavar in 2019, Sync Computing has now raised a total of $19.4M in total equity funding and is backed by Costanoa Ventures, Moore Strategic Ventures, National Grid Partners (NGP), Rebecca Li, Ron Avnur, Satyen Sangani, and The Engine.
ThreatX — $30.0M – Series B
Louisville-based ThreatX is a web application and API Protection Solution that enables enterprises to secure all their applications. Founded by Andrew Useckas and Bret Settle in 2014, ThreatX has now raised a total of $51.6M in total equity funding and is backed by .406 Ventures, Access Venture Partners, Grotech Ventures, Harbert Growth Partners, and Vistara Capital Partners.
Explo — $12.0M – Series A
San Francisco-based Explo operates a data exploration and analysis platform to connect directly to database or warehouse sources. Founded by Andrew Chen, Gary Lin, Jonah Hanig, and Rohan Varma in 2019, Explo has now raised a total of $14.5M in total equity funding and is backed by Amplo, Craft Ventures, Felicis Ventures, and Gokul Rajaram.
