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 4/20/24 featuring funding details for Ecotrak, Loft Labs, Two Chairs, and eleven other deals representing $529M in new funding that you need to know about.
Kontakt.io – $47.5M
New York-based Kontakt.io utilizes cloud, AI, and IoT (RTLS) technology to provide inpatient and indoor customer journey analytics. Founded by Philipp von Gilsa and Szymon Niemczura in 2013, Kontakt.io has now raised a total of $55.8M in total equity funding and is backed by Goldman Sachs Asset Management.
Avive Solutions – $56.5M
Brisbane-based Avive Solutions develops an automated external defibrillator and software solutions. Founded by Moseley Andrews, Rory Beyer, and Sameer Jafri in 2017, Avive Solutions has now raised a total of $87.4M in total equity funding and is backed by Catalyst Health Ventures, Ekuity Capital, Laerdal Million Lives Fund, Questa Capital Management, and RC Capital.
Ecotrak – $30.0M
Irvine-based Ecotrak offers a mobile-first, web-based asset management SaaS platform to manage its facilities online. Founded by Erich Munzner and Mike Snyder in 2018, Ecotrak has now raised a total of $36.0M in total equity funding and is backed by Carver Road Hospitality, Gala Capital Partners, and Respida Capital.
Gemini Sports Analytics – $3.1M
Miami-based Gemini Sports Analytics develops a data management platform for sports management. Founded by Jake George Schuster in 2021, Gemini Sports Analytics has now raised a total of $13.6M in total equity funding and is backed by Eberg Capital, Social Leverage, and Will 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.
Ripcord – $32.0M
Hayward-based Ripcord offers a comprehensive suite of services for digitizing and organizing paper-based and digital documents. Founded by Alex Fielding, Kevin Hall, and Kim Lembo in 2015, Ripcord has now raised a total of $134.4M in total equity funding and is backed by 15th Rock, Fujifilm, Google Ventures, Icon Ventures, Kleiner Perkins, Lux Capital, and MUFG Innovation Partners.
Loft Labs – $24.0M
San Francisco-based Loft Labs enables any organization to scale self-service access to Kubernetes from 10 to 10,000 engineers. Founded by Daniel Thiry, Fabian Kramm, and Lukas Gentele in 2019, Loft Labs has now raised a total of $28.6M in total equity funding and is backed by Berkeley SkyDeck Fund, Emergent Ventures, Fusion Fund, Khosla Ventures, and Surface Ventures.
Paraform – $3.6M
San Francisco-based Paraform is a recruiting marketplace that connects businesses with available positions to recruiters capable of filling those roles. Founded by Jeffrey Li and John Kim in 2023, Paraform has now raised a total of $5.0M in total equity funding and is backed by A* Capital, Evan Moore, and Primer Sazze Partners.
Quilt – $33.0M
Redwood City-based Quilt is a smart home climate solution company that develops home temperature control technology for energy efficiency. Founded by Bill Kee, Matthew Knoll, and Paul Roland Lambert in 2022, Quilt has now raised a total of $42.0M in total equity funding and is backed by Drew Scott, Energy Impact Partners, Galvanize Climate Solutions, Garage Capital, Gradient Ventures, Incite Ventures, Lowercarbon Capital, and MCJ Collective.
Snappy – $25.0M
New York-based Snappy is an all-in-one enterprise gifting platform that allows companies to send gifts to their customers and team members. Founded by Dvir Cohen and Hani Goldstein in 2015, Snappy has now raised a total of $129.8M in total equity funding and is backed by 83North, Hearst Ventures, Notable Capital, Qumra Capital, and Saban Ventures.
You are seconds away from signing up for the hottest list in NYC Tech!
Two Chairs – $72.0M
San Francisco-based Two Chairs is a behavioral health company that operates a mental health therapy platform to offer in-person psychotherapy. Founded by Alex Katz in 2017, Two Chairs has now raised a total of $100.0M in total equity funding and is backed by Amplo and Fifth Down Capital.
Rivet Work – $6.0M
Detroit-based Rivet Work transforms construction labor with digital workforce management, redefining how contractors deploy crews in a unified platform. Founded by Alison Accavitti, Andy Lawrence, Louis Gelinas, and Ryan Meitl in 2020, Rivet Work has now raised a total of $13.7M in total equity funding and is backed by Augment Ventures, Brick & Mortar Ventures, Defy.vc, Detroit Venture Partners, and Michigan Rise.
Ramp – $150.0M
New York-based Ramp is a finance automation platform that helps businesses spend less time and money. Founded by Eric Glyman, Gene Lee, and Karim Atiyeh in 2019, Ramp has now raised a total of $1.1B in total equity funding and is backed by 8VC, Contrary, D1 Capital Partners, Definition, Founders Fund, General Catalyst, Greylock, ICONIQ Capital, Khosla Ventures, Lux Capital, Sands Capital Ventures, Sequoia Capital, and Thrive Capital.
KODE LABS – $30.0M
Dover-based KODE is a vendor-agnostic building management platform that optimizes building systems. Founded by Edi Demaj and Etrit Demaj in 2017, KODE LABS has now raised a total of $38.0M in total equity funding and is backed by I Squared Capital, Maverix Private Equity, and TELUS Ventures.
XFactor – $16.0M
San Francisco-based XFactor is a developer of a corporate decision platform that uses artificial intelligence to assist with planning and strategy. Founded by Amiee Gordon, Hope Carpenter, and Joe Mattioli in 2022, XFactor has now raised a total of $26.0M in total equity funding and is backed by Accel, Lightspeed Venture Partners, and Mike Carpenter.
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.
