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The AlleyWatch Startup Daily Funding Report: 11/25/2024

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The latest venture capital, seed, pre-seed, and angel deals for NYC startups for 11/25/2024 featuring funding details for Lightning AI, Ride Health, and much more. This page will be updated throughout the day to reflect any new fundings.


Lightning AI – $50M

Lightning AI, the company behind AI development framework PyTorch Lightning, has raised $50M in Venture funding from investors that include JP Morgan, Cisco Investments, K5 Global, and NVIDIA. Founded by Luis Capelo and William Falcon in 2019, Lightning AI has now raised a total of $108.5M in reported equity funding.


Ride Health – $10.9M

Ride Health, the provider of transportation solution for health care patients, has raised $10.9M in funding according to a recent SEC filing. The filing indicates that the round comes from seventeen investors. Founded by Imran Cronk and Sumun Khetpal in 2016, Ride Health has now raised a total of $27.1M in reported equity funding.


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North Pole Security – $4M

North Pole Security, an endpoint protection solution for MacOS, has raised $4M in funding according to a recent SEC filing. The filing indicates that the round comes from a sole investor. North Pole Security was founded by Peter Markowsky and Russell Hancox in 2024.


Qlty Software – $2.5M

Qlty Software, a platform that ensures code quality, has raised $2.5M in funding according to a recent SEC filing. The filing indicates that the round comes from three investors. Qlty Software was founded by Bryan Helmkamp in 2024.


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Tags: Bryan HelmkampCisco InvestmentsImran CronkJP MorganK5 GlobalLightning AILuis CapeloNorth Pole SecurityNvidiaPeter MarkowskyQlty SoftwareRide HealthRussell HancoxSumun KhetpalWilliam Falcon
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