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 10/19/24 featuring funding details for Decagon, Herald, Liminal, and twenty-three other deals representing $2.0B in new funding that you need to know about.
Hello Cake – $18.0M
Los Angeles-based Hello Cake is a sexual health and wellness brand that offers a line of prescription medication, supplements, lubricants, and devices. Founded by Hunter Morris and Mitchell Orkis in 2018, Hello Cake has now raised a total of $31.4M in total equity funding and is backed by AF Ventures, Silas Capital, and Strand Equity Partners.
Agtonomy – $10.0M
San Francisco-based Agtonomy is a hybrid autonomy and tele-assist platform that specializes in advanced autonomous and AI solutions for agriculture. Founded by Tim Bucher and Valerie Syme in 2021, Agtonomy has now raised a total of $55.0M in total equity funding and is backed by Allison Transmission Holdings, Autotech Ventures, Black Forest Accelerator, Cavallo Ventures, Flybridge, Rethink Food, and Toyota Ventures.
Azra Games – $42.7M
Sacramento-based Azra Games is a blockchain-based developer of collectible and combat games. Founded by Mark Otero, Sonny Mayugba, and Travis Boudreaux in 2022, Azra Games has now raised a total of $67.7M in total equity funding and is backed by a16z crypto, Andreessen Horowitz, NFX, and Pantera Capital.
Everstage – $30.0M
New York-based Everstage is a no-code commissions automation tool that provides a sales management platform for companies. Founded by Siva Rajamani and Vivek Suriyamoorthy in 2020, Everstage has now raised a total of $44.7M in total equity funding and is backed by 3one4 Capital, Eight Roads Ventures India, and Elevation Capital.
Liminal – $10.0M
Emeryville-based Liminal operates as a battery manufacturing intelligence provider that utilizes data and analytics. Founded by Andrew Hsieh, Barry Van Tassell, Daniel Steingart, and Shaurjo Biswas in 2015, Liminal has now raised a total of $37.5M in total equity funding and is backed by ArcTern Ventures, Chailease Holding, Chrysalix Venture Capital, Ecosystem Integrity Fund, Good Growth Capital, LG Technology Ventures, and UTEC – The University of Tokyo Edge Capital Partners.
Forge Nano – $10.0M
Louisville-based Forge Nano is a materials science company that uses proprietary nano-coating tech, Atomic Armor, to transform material engineering. Founded by David King and Paul Lichty in 2011, Forge Nano has now raised a total of $82.8M in total equity funding and is backed by GM Ventures.
Healthie – $23.0M
New York-based Healthie offers infrastructure for next gen digital health companies that offer virtual-first care. API-First EHR & Client Engagement. Founded by Cavan Klinsky and Erica Jain in 2016, Healthie has now raised a total of $40.9M in total equity funding and is backed by Birchmere Ventures, GreyMatter, TCV, Velvet Sea Ventures, and Watershed Capital.
Skimmer – $74.0M
Austin-based Skimmer is an IT company that specializes in pool service software and pool services. Founded by Ryan Hash in 2014, Skimmer has now raised a total of $79.0M in total equity funding and is backed by Mainsail Partners.
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.
Herald – $12.0M
Boston-based Herald builds digital infrastructure for commercial insurance. Founded by Duncan Crystal and Matt Antoszyk in 2021, Herald has now raised a total of $20.0M in total equity funding and is backed by Afore Capital, Brewer Lane Ventures, Lightspeed Venture Partners, and Underscore VC.
INSHUR – $19.0M
New York-based INSHUR is a digital insurance platform that provides auto insurance to drivers and fleet owners. Founded by Dan Bratshpis, David Daiches, Mathew Donfrancesco, Matthew Tomlinson, and Richard Anderson in 2016, INSHUR has now raised a total of $79.6M in total equity funding and is backed by MS&AD Ventures and Viola Growth.
MDisrupt – $1.0M
San Jose-based MDisrupt the premier health expert marketplace for the healthtech and life sciences industries. Founded by Ragan Hart and Ruby Gadelrab in 2019, MDisrupt has now raised a total of $10.0M in total equity funding and is backed by American Heart Association Ventures.
Oshi Health – $60.0M
New York-based Oshi Health is a digital health platform that provides personalized support and resources for people with digestive health conditions. Founded by Sam Holliday, Sameer Berry, and Sona Chandra in 2019, Oshi Health has now raised a total of $119.5M in total equity funding and is backed by Bessemer Venture Partners, CVS Health Ventures, Flare Capital Partners, Frist Cressey Ventures, Oak HC/FT, and Takeda Digital Ventures.
Path Robotics – $100.0M
Columbus-based Path Robotics offers robotic welding systems to improve manufacturing efficiency. Founded by Alex Lonsberry, Andrew Lonsberry, Ken Lonsberry, and Matthew Klein in 2014, Path Robotics has now raised a total of $271.0M in total equity funding and is backed by Addition, Basis Set Ventures, Catapult Ventures, Drive Capital, Gaingels, Matter Venture Partners, MediaTek, Taiwania Capital Management Corporation, Tiger Global Management, and Yamaha Motor Ventures.
Perry Weather – $15.0M
Dallas-based Perry Weather is an weather technology firm with a SaaS supported concentration and complementing propriety hardware. Founded by Colin Perry in 2013, Perry Weather has now raised a total of $21.3M in total equity funding and is backed by Arthur Ventures.
REsurety – $32.0M
Boston-based REsurety is a provider of risk management and software products to the buyers and sellers of clean energy. Founded by Kenneth Westrick and Lee Taylor in 2012, REsurety has now raised a total of $49.3M in total equity funding and is backed by Angeleno Group, Citi, and S2G Ventures.
Yellow Card – $33.0M
Atlanta-based Yellow Card facilitates buying and selling Stablecoins through local currency transactions. Founded by Chris Maurice, Justin Poiroux, and Munachimso Ogueke in 2016, Yellow Card has now raised a total of $89.5M in total equity funding and is backed by Block, Inc., Blockchain Capital, Blockchain Coinvestors, Castle Island Ventures, Galaxy Ventures, Hutt Capital, Polychain, Third Prime, and Winklevoss Capital.
Capacity – $26.0M
Saint Louis-based Capacity is an AI-powered helpdesk that automates support for customers and employees. Founded by Chris Sims and David Karandish in 2017, Capacity has now raised a total of $87.5M in total equity funding and is backed by Toloka.vc and TVC Capital.
Yellow Card – $33.0M
Atlanta-based Yellow Card facilitates buying and selling Stablecoins through local currency transactions. Founded by Chris Maurice, Justin Poiroux, and Munachimso Ogueke in 2016, Yellow Card has now raised a total of $89.5M in total equity funding and is backed by Block, Inc., Blockchain Capital, Blockchain Coinvestors, Castle Island Ventures, Galaxy Ventures, Hutt Capital, Polychain, Third Prime, and Winklevoss Capital. –
Lightmatter – $400.0M
Mountain View-based Lightmatter changes chip architecture, powering faster, energy-efficient computing with photonic processors for sustainable AI advancement. Founded by Darius Bunandar, Nicholas Harris, and Thomas Graham in 2017, Lightmatter has now raised a total of $822.0M in total equity funding and is backed by Fidelity, Google Ventures, and T. Rowe Price.
X-energy – $500.0M
Rockville-based X-energy is a developer of advanced modular nuclear reactors and fuel technology for clean energy generation. Founded by Kam Ghaffarian in 2009, X-energy has now raised a total of $735.0M in total equity funding and is backed by Ares Management, Climate Pledge Fund, Kenneth Griffin, NGP Energy Capital Management, and University of Michigan.
Decagon – $65.0M
San Francisco-based Decagon creates generative AI for building customer service agents that work much more like humans. Founded by Ashwin Sreenivas and Jesse Zhang in 2023, Decagon has now raised a total of $100.0M in total equity funding and is backed by A* Capital, Accel, ACME Capital, Bain Capital Ventures, Bond, and Elad Gil.
ForceMetrics – $22.0M
Denver-based ForceMetrics is a people performance analytics platform that analyzes specific datasets to produce actionable insights. Founded by Andre McGregor, Chris Kersulic, Jason Truppi, and Shane McGregor in 2020, ForceMetrics has now raised a total of $22.0M in total equity funding and is backed by Costanoa Ventures, Flybridge, Govtech Fund, Growth Warrior Capital, Hobson Lucas Family Foundation, and Stand Together Ventures Lab.
Xscape Photonics – $44.0M
New York-based Xscape Photonics provides photonic chips for high-speed connections in high-performance computing systems and data centers. Founded by Alexander Gaeta, Vivek Raghunathan, and Yoshi Okawachi in 2022, Xscape Photonics has now raised a total of $57.0M in total equity funding and is backed by Altair, Cisco Investments, Fathom Fund, IAG Capital Partners, Kyra Ventures, LifeX Ventures, NVIDIA, and OUP (Osage University Partners).
Horizon Surgical Systems – $30.0M
Malibu-based Horizon Surgical Systems develops AI-driven, imaging-guided surgical robotics for microsurgery. Founded by Jacob Rosen and Jean-Pierre Hubschman in 2021, Horizon Surgical Systems has now raised a total of $30.0M in total equity funding and is backed by ExSight Ventures, Main Street Advisors, and Regents of the University of California.
Neuron7.ai – $44.0M
San Jose-based Neuron7.ai is a service Intelligence platform that enables companies to deliver crucial service outcomes. Founded by Niken Patel in 2020, Neuron7.ai has now raised a total of $58.2M in total equity funding and is backed by Battery Ventures, Nexus Venture Partners, ServiceNow Ventures, and Smith Point Capital.
Koloma – $50.0M
Denver-based Koloma is a geologic hydrogen company that leverages technology and data to identify and commercialize geologic hydrogen resources. Founded by Paulie Harraka, Pete Johnson, and Tom Darrah in 2021, Koloma has now raised a total of $356.4M in total equity funding and is backed by Mitsubishi Heavy Industries and Osaka Gas.
Splitero – $300.0M
San Diego-based Splitero is to provide homeowners with better options to access home equity without new debt or additional monthly payments. Founded by David Zvaifler and Michael Gifford in 2021, Splitero has now raised a total of $317.5M in total equity funding and is backed by Antarctica 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.
