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 7/15/23 featuring funding details for Pnao, Zluri, and ten other deals representing $333M in new funding that you need to know about.
Arrcus – $15.0M
San Jose-based Arrcus is a hyper-scale network app that provides software-powered transformations in networks for the interconnected world. Founded by Derek Yeung, Devesh Garg, and Keyur Patel in 2016, Arrcus has now raised a total of $138.0M in total equity funding and is backed by Clear Ventures, General Catalyst, Hitachi Ventures, Liberty Global, Lightspeed Venture Partners, and Prosperity7 Ventures.
Bobbie – $70.0M
San Francisco-based Bobbie offers organic baby formula to parents through a subscription service. Founded by Laura Modi and Sarah Hardy in 2018, Bobbie has now raised a total of $141.5M in total equity funding and is backed by PowerPlant Partners.
CarePredict – $29.0M
Plantation-based CarePredict develops an AI-driven digital health platform for senior care. Founded by Satish Movva in 2013, CarePredict has now raised a total of $46.2M in total equity funding and is backed by Aspire Health Partners, Las Olas Venture Capital, Medtech Convergence Fund, and Secocha Ventures.
The AlleyWatch audience is driving progress and innovation on a global scale. There are a number of options to reach this audience of the world’s most innovative organizations and startups at scale including strategic brand placement, lead generation, and thought leadership in front of an audience that comprises the vast majority of key decision-makers in the NYC business community and beyond. Learn more about advertising to NYC Tech, at scale.
Collective – $50.0M
San Francisco-based Collective offers financial solutions designed for self-employed business owners such as company formation, tax, accounting, & bookkeeping. Founded by Bugra Akcay, Hooman Radfar, Ugur Kaner, William Etundi, and Jr. in 2020, Collective has now raised a total of $78.7M in total equity funding and is backed by Better Tomorrow Ventures, Expa, General Catalyst, Gradient Ventures, Innovius Capital, QED Investors, and The General Partnership.
Dashworks – $5.0M
San Francisco-based Dashworks is a knowledge assistant that helps employees find the information they need while also increasing productivity. Founded by Prasad Kawthekar and Pratyaksh Sharma in 2020, Dashworks has now raised a total of $9.5M in total equity funding and is backed by Point72 Ventures.
HawkEye 360 – $58.0M
Herndon-based HawkEye 360 is a data analytics company that develops space-based radio frequency mapping. Founded by Charles Clancy, Chris DeMay, and Robert McGwier in 2015, HawkEye 360 has now raised a total of $362.3M in total equity funding and is backed by Adage Capital Management, Alumni Ventures, BlackRock, Insight Partners, Manhattan Venture Partners, NightDragon, Razor’s Edge Ventures, and Strategic Development Fund.
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Pano – $17.0M
San Francisco-based Pano uses deep learning AI and computer vision to automatically detect, verify and classify wildfire events in real time. Founded by Sonia Kastner in 2019, Pano has now raised a total of $37.0M in total equity funding and is backed by 5G Open Innovation Lab, Congruent Ventures, Convective Capital, Initialized Capital, Jade Van Doren, January Ventures, Kevin Mahaffey, Salesforce Ventures, T-Mobile Ventures, and Valor Equity Partners.
SpecterOps – $8.5M
Alexandria-based SpecterOps is a cybersecurity company that provides services and training solutions to help enterprises defend against attacks. Founded by David McGuire, Jason Frank, and Raphael Mudge in 2017, SpecterOps has now raised a total of $33.5M in total equity funding and is backed by Ballistic Ventures.
Verifiable – $27.0M
Austin-based Verifiable develops real-time credential verification platform intended to verify licenses, sanctions, and other important records. Founded by Nicholas Macario and Vivekanand Rajkumar in 2020, Verifiable has now raised a total of $47.0M in total equity funding and is backed by 137 Ventures, Cooley, Craft Ventures, Highland Capital Partners, Jack Altman, and Struck Capital.
The AlleyWatch audience is driving progress and innovation on a global scale. There are a number of options to reach this audience of the world’s most innovative organizations and startups at scale including strategic brand placement, lead generation, and thought leadership in front of an audience that comprises the vast majority of key decision-makers in the NYC business community and beyond. Learn more about advertising to NYC Tech, at scale.
Zluri – $20.0M
San Francisco-based Zluri is a SaaS management platform that enables modern enterprises with SaaS management and identity governance. Founded by Chaithanya Yambari, Ritish Reddy Puttaparthi, and Sethu Meenakshisundaram in 2020, Zluri has now raised a total of $32.0M in total equity funding and is backed by Endiya Partners, Kalaari Capital, Lightspeed Venture Partners, and MassMutual Ventures.
Aktivate – $3.7M
New York-based Aktivate provides a digital platform for K-12 schools to manage and fund scholastic sports and student activities. Founded by Dhruv Singh and Hesky Kutscher in 2020, Aktivate has now raised a total of $14.2M in total equity funding and is backed by 97212 Ventures, Benson Oak Ventures, Tal Ventures, Tiferes Ventures, and Will Ventures.
RADAR – $30.0M
New York-based RADAR is an RFID and computer vision platform that automates inventory management, analytics, and checkout in physical stores. Founded by Adam Blair, Michael E. Murphy, and Spencer Hewett in 2013, RADAR has now raised a total of $46.0M in total equity funding and is backed by Align Ventures, Beanstalk Ventures, Future Archives Unlimited, LLC, Novel TMT Ventures, NTT DoCoMo, Pathfinder, RX Ventures, Sound Ventures, The Ferrante Group, and Y Combinator.
