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 10/15/22 featuring funding details for NeuroFlow, Fulcrum, Foxglove, and fourteen other deals representing $821M in new funding that you need to know about.
Arch — $5.0M – Seed
Brooklyn-based Arch lets you build your DeFi portfolio with confidence. Founded by Christopher Storaker, Diego Larrain Yunge, and Nicolas Jaramillo in 2020, Arch has now raised a total of $5.8M in total equity funding and is backed by devlabs, Digital Currency Group, Genesis Block Ventures (GBV), Platanus Ventures, Ripio Ventures, Soma Capital, Techstars, and Upload Ventures.
ARTA — $11.0M – Series A
New York-based ARTA is a logistics software and fulfillment service for goods and collectibles. Founded by Adam Fields in 2015, ARTA has now raised a total of $19.5M in total equity funding and is backed by AXA Venture Partners, Coelius Capital, Corazon Capital, mu ventures, and Pari Passu Venture Partners.
Brave Health — $40.0M – Series C
Miami-based Brave Health is an online platform that offers therapy and medication management for psychiatric conditions to improve mental health. Founded by Anna Lindow and Jake Schwartz in 2017, Brave Health has now raised a total of $50.0M in total equity funding and is backed by City Light Capital, Town Hall Ventures, and Union Square Ventures.
DataGrail — $45.0M – Series C
San Francisco-based DataGrail is the Privacy Control Center for modern brands to reduce risk and build trust. Founded by Daniel Barber, Earl Hathaway, and Ignacio Zendejas in 2018, DataGrail has now raised a total of $84.2M in total equity funding and is backed by Cloud Apps Capital Partners, Felicis Ventures, Next47, Operator Collective, Sixty Degree Capital, Third Point Ventures, and Thomson Reuters Ventures.
Foxglove — $15.0M – Series A
San Francisco-based Foxglove is a computer software company that develops tools to accelerate robotics development. Founded by Adrian Macneil and Roman Shtylman in 2021, Foxglove has now raised a total of $18.7M in total equity funding and is backed by Amplify Partners, Eclipse Ventures, and Kyle Vogt.
Fulcrum — $18.8M – Series A
Minneapolis-based Fulcrum is a SaaS manufacturing platform designed & built from scratch to bring modern & futuristic concepts to mid-sized production shops. Founded by Yu Sunny Han in 2019, Fulcrum has now raised a total of $21.9M in total equity funding and is backed by Ara Mahdessian, Battery Ventures, Bessemer Venture Partners, Bread and Butter Ventures, Craig Tooey Courtemanche, Daren Cotter, Matchstick Ventures, Motivate Venture Capital, Phil Soran, Schematic Ventures, Social Starts, and Vahe Kuzoyan.
Laylo — $3.0M – Venture
Los Angeles-based Laylo helps creators connect with and monetize their super fans through live ticketed digital experiences. Founded by Alec Ellin and Sajan Sanghvi in 2017, Laylo has now raised a total of $7.5M in total equity funding and is backed by Damian Manning, Eldridge, Gil Weisblum, Jonathan Strauss, LVRN Studios, Micah Johnson, Moment Ventures, Patricio Worthalter, Sam Evitt, Shane Mac, Summer Watson, and Third Prime.
NeuroFlow — $25.0M – Series C
Philadelphia-based NeuroFlow is a digital health company. Founded by Adam Pardes and Christopher Molaro in 2017, NeuroFlow has now raised a total of $56.0M in total equity funding and is backed by SEMCAP and What If Ventures.
NorthOne — $67.0M – Series B
New York-based NorthOne develops a banking app that focuses on delivering financial tools to small businesses. Founded by Eytan Bensoussan and Justin Adler in 2016, NorthOne has now raised a total of $90.3M in total equity funding and is backed by Battery Ventures, Don Griffith, Drew Brees, Ferst Capital Partners – FCP, FinTLV Ventures, Next Play Capital, Operator Stack, Redpoint, Tencent, and Tom Williams.
Northstar — $24.4M – Venture
West Hollywood-based Northstar is a financial wellness benefit that makes it easy for companies to offer personalized financial advice about comp and benefits. Founded by Matt Matteson and William Peng in 2016, Northstar has now raised a total of $40.4M in total equity funding and is backed by Canvas Ventures, Designer Fund, Foundation Capital, GGV Capital, M13, Parade Ventures, PayPal Ventures, RRE Ventures, Thomson Reuters Ventures, and Workday Ventures.
Soli Organic — $125.0M – Series D
Harrisonburg-based Soli Organic is an indoor farming startup that sells fresh organic culinary herbs. Founded by Mike Sarco and Philip Karp in 1989, Soli Organic has now raised a total of $413.0M in total equity funding and is backed by Cascade Asset Management, CDPQ Infra, Movendo Capital, S2G Ventures, and XPV Water Partners.
Stairwell — $45.0M – Series B
Mountain View-based Stairwell is a cybersecurity company that offers an inception platform that any attacker canât detect or evade. Founded by Mike Wiacek in 2019, Stairwell has now raised a total of $69.5M in total equity funding and is backed by Accel, Eric Schmidt, Gradient Ventures, Lux Capital, Michael Ovitz, Section 32, and Sequoia Capital.
Trendsi — $25.0M – Series A
San Francisco-based Trendsi is an online fashion B2B marketplace that makes it easy for sellers to build their businesses by providing wholesale inventory. Founded by Ella Zhang, Maddie Davidson, and Sherwin Xia in 2020, Trendsi has now raised a total of $30.0M in total equity funding and is backed by Basis Set Ventures, Eric Yuan, Footwork, Lightspeed Venture Partners, Liquid 2 Ventures, Peterson Ventures, Shan-Lyn Ma, and Sierra Ventures.
TripActions — $154.0M – Series G
Palo Alto-based TripActions provides an end-to-end corporate card, expense management, and travel platform. Founded by Ariel Cohen and Ilan Twig in 2015, TripActions has now raised a total of $1.1B in total equity funding and is backed by Andreessen Horowitz, Group 11, and PremjiInvest.
Uniswap — $165.0M – Series B
New York-based Uniswap is a decentralized exchange platform operating on the Ethereum blockchain. Founded by Hayden Adams in 2018, Uniswap has now raised a total of $176.0M in total equity funding and is backed by a16z crypto, Paradigm, Polychain, SV Angel, and Variant.
Vanta — $40.0M – Series B
San Francisco-based Vanta is an automated security monitoring platform that helps companies get SOC 2, HIPAA, or ISO 27001 certified quickly. Founded by Christina Cacioppo and Erik Goldman in 2017, Vanta has now raised a total of $203.0M in total equity funding and is backed by Blue Ventures, GTMFund, J-Ventures, Paul Lasiuk, Scout Ventures, The Hart Family Office, The Rifkin Family Office, Trajectory Capital, and Veteran Ventures Capital.
Zerion — $12.3M – Series B
San Francisco-based Zerion is an all-in-one interface that allows technical and non-technical users to acquire, track and manage DeFi assets. Founded by Alexey Bashlykov, Evgeny Yurtaev, and Vadim Koleoshkin in 2016, Zerion has now raised a total of $33.0M in total equity funding and is backed by Alchemy Ventures, Anton Bukov, Coinbase Ventures, Gregoire le Jeune, iluminr, Mosaic Ventures, Orest Gavryliak, Placeholder, Polymorphic Capital, Sergey Kuznetsov, and Wintermute Trading.
