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 7/22/23 featuring funding details for Prely, Snapsheet, Leap, and twelve other deals representing $552M in new funding that you need to know about.
Figure – $9.0M
Sunnyvale-based Figure Robotics is an AI robotics company that builds a multi-purpose humanoid form robot. Founded by Brett Adcock in 2022, Figure has now raised a total of $79.0M in total equity funding.
Bowery Valuation – $16.3M
New York-based Bowery Valuation utilizes cloud-based appraisal software and a mobile app, enabling faster production of high-quality appraisals. Founded by Cesar Devers, John Meadows, and Noah Isaacs in 2015, Bowery Valuation has now raised a total of $78.1M in total equity funding.
Bureau – $4.5M
San Francisco-based Bureau is trust network that facilitates end-to-end identity verification, compliance, and fraud prevention for new-age businesses. Founded by Ranjan R Reddy in 2020, Bureau has now raised a total of $20.7M in total equity funding.
K Health – $59.0M
New York-based K Health is a data-driven digital primary care system that uses AI to deliver personalized primary care services. Founded by Adam Singolda, Allon Bloch, Israel Roth, and Ran Shaul in 2016, K Health has now raised a total of $330.3M in total equity funding.
Leap – $12.0M
San Francisco-based Leap is a marketplace for Distributed Energy Resources to participate in the energy market. Founded by Remco van den Elzen and Thomas Folker in 2017, Leap has now raised a total of $56.1M in total equity funding.
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.
PingSafe – $3.3M
San Francisco-based PingSafe is a cloud security platform that provides protection against vulnerabilities that traditional security solutions may miss. Founded by Anand Prakash and Nishant Mittal in 2021, PingSafe has now raised a total of $3.3M in total equity funding.
Arrive Recommerce – $16.0M
Santa Monica-based Arrive is a technology and reverse logistics company that powers circular commerce for the world’s most innovative brands and retailers. Founded by Rachelle Snyder and Ross Richmond in 2017, Arrive Recommerce has now raised a total of $24.8M in total equity funding.
Preply – $42.0M
Brookline-based Preply is an online tutoring platform, aiming to help students achieve their learning goals and prepare them to speak confidently. Founded by Dmytro Voloshyn, Kirill Bigai, and Serge Lukianov in 2012, Preply has now raised a total of $164.4M in total equity funding.
Runway Financial – $27.5M
San Francisco-based Runway is a SaaS company that offers a planning platform that allows businesses to create, manage, and share financial models and plans. Founded by Arya Asemanfar and Siqi Chen in 2020, Runway Financial has now raised a total of $37.0M in total equity funding.
SiPhox Health – $17.0M
Burlington-based SiPhox is building next-generation diagnostics infrastructure both for the home and the central lab. Founded by Diedrik Vermeulen and Michael Dubrovsky in 2020, SiPhox Health has now raised a total of $32.8M in total equity funding.
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Skims – $270.0M
Culver City-based SKIMS is a solutions oriented brand creating the next generation of inclusive underwear, loungewear and shapewear. Founded by Emma Grede, Jens Grede, and Kim Kardashian in 2019, Skims has now raised a total of $669.0M in total equity funding.
Snapsheet – $5.0M
Chicago-based Snapsheet is a provider of virtual appraisal technology and claims management software solutions in the insurance industry. Founded by Brad Weisberg in 2011, Snapsheet has now raised a total of $105.4M in total equity funding.
Whop – $17.0M
Brooklyn-based Whop is building a platform to service the internet economy. Founded by Cameron Zoub, Jack Sharkey, and Steven Schwartz in 2021, Whop has now raised a total of $18.0M in total equity funding. AlleyWatch broke the news in an exclusive covering the round and much more – Whop Raises Another $17M for its Digital Marketplace for Digital Entrepreneurs and Products
Terabase Energy – $25.0M
Berkeley-based Terabase Energy is a web-based tool that reduces cost and deployment timelines by digitalizing the solar power plant. Founded by Amine Berrada, Chris Baker, Dan Cohen, Matt Campbell, and Pierre Gousseland in 2019, Terabase Energy has now raised a total of $75.0M in total equity funding.
Torch Dental – $28.0M
New York-based Torch Dental offers an all-in-one solution to simplify dental supply ordering and inventory management. Founded by Drew Werner, Khaled Boukadoum, and Yassine Boukadoum in 2017, Torch Dental has now raised a total of $60.0M in total equity funding.
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.
