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 1/20/24 featuring funding details for Lightship, zbyte, Forta, and thirteen other deals representing $638M in new funding that you need to know about.
Briq – $8.0M
Santa Barbara-based Briq is a financial automation platform that utilizes artificial intelligence to automate finances in construction. Founded by Bassem Hamdy and Ron Goldshmidt in 2018, Briq has now raised a total of $54.0M in total equity funding and is backed by Blackhorn Ventures, Eniac Ventures, MetaProp, Nemetschek, and Tiger Global Management.
Canza Finance – $2.3M
Atlanta-based Canza is building the world’s largest non-institutional-based financial system. Founded by Oyedeji Oluwoye and Pascal Ntsama IV in 2020, Canza Finance has now raised a total of $5.8M in total equity funding and is backed by 99 Capital, Blizzard Fund, Hyperithm, Polychain, Protocol Labs, and Stratified Capital
Digital Onboarding – $58.0M
Boston-based Digital Onboarding provides digital onboarding for financial services products that drives bank profits by increasing new customer rates. Founded by Jonathan Crossman and Ted Brown in 2015, Digital Onboarding has now raised a total of $62.6M in total equity funding and is backed by Volition Capital
Forta – $55.0M
San Francisco-based Forta is a provider of healthcare services to help children with autism. Founded by Jonathan Roberts and Ritankar Das in 2021, Forta has now raised a total of $55.0M in total equity funding and is backed by Alumni Ventures, Exor Ventures, and Insight Partners
Billionaires wanted it, but 54,578 everyday investors got it first… and profited
When incredibly rare and valuable assets come up for sale, it’s typically the wealthiest people that end up taking home an amazing investment. But not always…
One platform is taking on the billionaires at their own game, buying up and fractionalizing some of history’s most prized blue-chip artworks for its investors.
It’s called Masterworks. Their nearly $1 billion collection includes works by greats like Banksy, Picasso, and Basquiat, all of which are collectively owned by everyday investors. When Masterworks sells a painting – like the 16 it’s already sold – investors could share in the profits.
Offerings can sell out in minutes, but AlleyWatch readers can skip the waitlist with this exclusive link.
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Investing involves risk and past performance is not indicative of future returns. See important Reg A disclosures and aggregate advisory performance at masterworks.com/cd
Infield – $3.0M
New York-based Infield makes it easy for development teams to keep their dependencies up to date. Founded by Allison Pike, Andrew Lenehan, and Stephen Pike in 2022, Infield has now raised a total of $5.9M in total equity funding and is backed by Adam Gross, Austin Ogilvie, Firsthand Alliance, Foundation Capital, Jonathan Siddharth, and Y Combinator
Lightship – $34.0M
San Francisco-based Lightship is an all-electric RV manufacturer, designer, and a producer of an aerodynamic, battery-powered trailer for the electric age. Founded by Benjamin Parker and Toby Kraus in 2020, Lightship has now raised a total of $61.2M in total equity funding and is backed by Allegis Capital, Alumni Ventures, Climate Tech Circle, Congruent Ventures, HyperGuap, Obvious Ventures, Prelude Ventures, TechNexus Venture Collaborative, and Thor Industries
Oleria – $33.1M
Seattle-based Oleria is an identity security company that offers proactive tools for identifying and mitigating risks to organizations. Founded by Jagadeesh Kunda and Jim Alkove in 2022, Oleria has now raised a total of $41.1M in total equity funding and is backed by Evolution Equity Partners, Salesforce Ventures, Tapestry VC, and Zscaler
Panacea Financial – $24.5M
Little Rock-based Panacea Financial is a digital bank for doctors. Founded by Michael Jerkins, MD, Ned Palmer, MD, Tyler Stafford, and CFA in 2020, Panacea Financial has now raised a total of $24.5M in total equity funding and is backed by Valar Ventures
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PredictAP – $8.0M
Boston-based PredictAP is a Fintech startup using AI to automate accounts payable and payment processing for large real estate investment companies Founded by David Stifter, Russell Franks, and Trisha Koyanagi in 2020, PredictAP has now raised a total of $8.0M in total equity funding and is backed by RET Ventures and WISE Ventures
Prismatic – $22.0M
Sioux Falls-based Prismatic is an embedded integration platform that provides tools to align with various software development practices. Founded by Beth Harwood, Justin Hipple, and Michael Zuercher in 2019, Prismatic has now raised a total of $34.3M in total equity funding and is backed by Five Elms Capital
Quantinuum – $300.0M
Broomfield-based Quantinuum accelerates quantum computing and the development of applications across chemistry, cybersecurity, finance, and optimization. Founded by Carlos Virella and Ilyas Khan in 2021, Quantinuum has now raised a total of $300.0M in total equity funding and is backed by Amgen, Honeywell, JP Morgan Chase, and Mitsui & Co
Vicarius – $30.0M
New York-based Vicarius develops a vulnerability remediation platform to help teams protect their apps and assets against software exploitation. Founded by Michael Assraf, Roi Cohen, and Yossi Zeevi in 2016, Vicarius has now raised a total of $59.1M in total equity funding and is backed by AllegisCyber, AlleyCorp, Bright Pixel, and Strait
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Farm-ng – $10.0M
Watsonville-based Farm-ng is a robotics company that develops general purpose farm robots that can be used to implement sustainable farming practices. Founded by Gary Bradski in 2020, Farm-ng has now raised a total of $10.0M in total equity funding and is backed by Acre Venture Partners, HawkTower, and Xplorer Capital
Noctrix Health – $40.0M
San Francisco-based Noctrix Health is an early-stage medical device company that focuses on developing a revolutionary therapy for a chronic illness. Founded by Jonathan Charlesworth in 2018, Noctrix Health has now raised a total of $57.0M in total equity funding and is backed by Angelini Ventures, Asahi Kasei, OrbiMed, ResMed, Sectoral Asset Management, and Treo Ventures
zbyte – $4.0M
San Francisco-based zbyte is a software company and it also store creates a thriving ecosystem Founded by Ankush Tiwari and Krish Kupathil in 2022, zbyte has now raised a total of $14.0M in total equity funding and is backed by Cartography Cap and The Financial Quarterback
Tandem PV – $6.0M
Stanford-based Tandem PV provides a unique opportunity for solar to reach new heights. Founded by Colin Bailie in 2016, Tandem PV has now raised a total of $23.5M in total equity funding and is backed by Planetary Technologies, Tom Werner, and Uncorrelated Ventures
Billionaires wanted it, but 54,578 everyday investors got it first… and profited
When incredibly rare and valuable assets come up for sale, it’s typically the wealthiest people that end up taking home an amazing investment. But not always…
One platform is taking on the billionaires at their own game, buying up and fractionalizing some of history’s most prized blue-chip artworks for its investors.
It’s called Masterworks. Their nearly $1 billion collection includes works by greats like Banksy, Picasso, and Basquiat, all of which are collectively owned by everyday investors. When Masterworks sells a painting – like the 16 it’s already sold – investors could share in the profits.
Offerings can sell out in minutes, but AlleyWatch readers can skip the waitlist with this exclusive link.
