Our weekly Notable Startup Funding Report travels across America’s diverse ecosystem and highlights some of the notable funding activity in the various markets we track. Notable startup funding rounds for the week ending 4/13/24, with funding details for Leasecake, Platform Science, Alethea and 15 deals worth $1.2 billion in new funding you need to know.
Cyera – $300.0M
Headquartered in New York, Cyera is an AI-powered data security platform that provides enterprises with deep context about their data to ensure cyber resilience and compliance. Founded by Tamar Bar-Ilan and Yotam Segev in 2021, Cyera has now raised $464.5 million in total capital and is backed by Accel, AT&T Ventures, Coatue, Cyberstarts, Georgian, Redpoint, Sequoia Capital, and Spark Capital.
FloQast – $100.0M
Sherman Oaks-based FloQast is financial close management software designed to streamline the month-end close process for accounting teams. Founded by Cullen Zandstra and Mike Whitmire in 2013, FloQast has now raised $302.9 million in total capital and is backed by BDT & MSD Partners, ICONIQ Growth, Meritech Capital Partners, Sapphire Ventures, and World Innovation Lab (WiL).
Platform Science – $125.0M
San Diego-based Platform Science provides telematics and fleet management solutions to improve operations and driver experience. Founded by Jack Kennedy and Jake Fields in 2015, Platform Science has now raised $308 million in total capital and is backed by 8VC, Activant Capital, BDT & MSD Partners, CR England, Cummins, Daimler Trucks North America, and Manhattan Venture. there is. Partners, NewRoad Capital Partners, PACCAR, Prologis Ventures, RyderVentures and Schneider National.
Collaborative Robotics – $100.0M
Collaborative Robotics, based in Santa Clara, builds robots that assist humans in indoor and outdoor tasks. Founded by Brad Porter in 2022, Collaborative Robotics has now raised $140 million in total equity funding and is backed by 1984 Ventures, Bison Ventures, Calibrate Ventures, General Catalyst, Industry Ventures, Khosla Ventures, Lux Capital, Mayo Clinic, and MVP. is receiving. Ventures, Neo, Sequoia Capital.
Oradin – $80.0M
Headquartered in Santa Clara, Auradine is a provider of web infrastructure solutions for blockchain, security and privacy. Founded in 2022 by Barun Kar, Patrick Xu, and Rajiv Khemani, Auradine has now raised a total of $151 million in total equity funding and is supported by Celesta Capital, Marathon Digital, Maverick Capital, Mayfield Fund, MVP Ventures, StepStone Group, and top capital firms. partner.
Monad – $225.0M
New York-based Monad develops blockchain protocols that streamline Ethereum throughput through parallel transaction processing technology. Founded in 2022 by Eunice Giarta, James Hunsaker, and Keone Hon, Monad has now raised $244 million in total equity funding, with investments from Animoca Ventures, Archetype, Castle Island Ventures, Coinbase Ventures, CoinFund, Electric Capital, Greenoaks, Paradigm, and Rune Christensen. , Saquon Barkley and Will Clemente.
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An Lok – $30.0M
Headquartered in San Francisco, Anrok is a sales tax solution for SaaS businesses that automates sales tax compliance across the entire financial stack. Founded by Kannan Goundan and Michelle Valentine in 2020, Anrok has now raised $54.3 million in total equity funding and is backed by Alex Estevez, David Faugno, Index Ventures, Karen Peacock, Khosla Ventures, and Sequoia Capital.
Oden Technologies – $28.5M
New York-based Oden Technologies develops data capture and analytics platforms that can monitor and optimize production across any device. Founded by Peter Brand and Willem Sundblad in 2014, Oden Technologies has now raised $52.7 million in total capital and is backed by Atomico, EQT Ventures, Flat Capital, INX International Ink, Nordstjernan Growth, and Recurring Capital Partners.
Kariluf – $20.0M
Based in Richardson, Cariloop is a B2B company that helps families manage the caregiving needs of their loved ones by connecting them to a caregiver support platform. Founded in 2012 by Michael Walsh and Steven Theesfeld, Cariloop has now raised $42.7 million in total equity funding and is backed by ABS Capital Partners, KCRise Fund, Noro-Moseley Partners, Patterson Thoma Family Office and Revolution’s Rise of . The remaining seed funds.
Yoshi – $26.0M
Based in San Francisco, Yoshi fills a vehicle’s tank wherever the driver wants, rather than requiring owners to stop at a gas station. Founded in 2015 by Bryan Frist, Dan Hunter, David Gobaud and Nick Alexander, Yoshi has now raised $90.5 million in total capital and is backed by Bridgestone Americas, General Motors Ventures, Shikra and Universal Motors Agency.
Alethea – $20.0M
Washington-based Alethea is a technology company that helps Fortune 500 and private companies protect themselves from disinformation and social media manipulation. Founded in 2019 by Lisa Kaplan, Alethea has now raised a total of $30 million in equity funding and is backed by Ballistic Ventures and Google. Ventures, Hakluyt Capital.
Mod – $8.8 million
San Mateo-based MODE helps organizations leverage data to improve operations, safety and efficiency using IoT and AI. Founded in 2014 by Ethan Kan and Gaku Ueda, MODE has now raised a total capital of $20.1 million. It is funded and supported by Daiichi Jitsugyo, JR East Start Up, SBI Investment, and True Ventures.
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Windfall Bio – $28.0M
Menlo Park-based Windfall Bio provides nature-based technology that allows farmers to convert methane into organic fertilizer. Founded by Josh Silverman and Louis Stenmark in 2022, Windfall Bio has now raised a total of $37 million in total equity funding, including B37 Ventures, Breakthrough Energy Ventures, Climate Pledge Fund, Global Brain Corporation, Incite.org, Mayfield Fund, Positive Ventures, Prelude Ventures, UNTITLED.
Deep Cure – $24.6M
Headquartered in Boston, DeepCure leverages AI and AI-enabled technologies to advance small molecule discovery. Founded in 2018 by Joseph Jacobson, Kfir Schreiber and Thrasyvoulos Karydis, DeepCure has now raised $71.4 million in total capital and is backed by IAG Capital Partners.
Bite – $9.0M
Headquartered in New York, Bite is powerful software for the restaurant customer experience. Founded in 2015 by Etkin Tekin, Jeff Hong, Stas Nikiforov, and Steve Truong, Bite has now raised $19.5 million in total equity funding and is backed by Food-X, Graham Partners, One Way Ventures, Staley Capital, and Tamarisc. . Venture.
Rental Cake – $10.0M
Winter Park-based Leasecake is a leasing and location management platform for multi-unit operators and franchises. Founded in 2017 by Clayton Mamele, Jim Bankston, Rick Uzcategui, and Taj Adhav, Leasecake has now raised a total of $25 million in equity funding and is backed by Las Olas Venture Capital and PeakSpan Capital.
Lottery – $4 million
Miami-based Sortium operates as an entertainment technology company combining AI and Web3. Founded in 2021 by Alex Rozgo, Eaven Portillo, and Marc Seal, Sortium has now raised $11.8 million in total capital and is backed by 1881 S Group AG, ARK Investment Management, IDG Capital Vietnam Blockchain, Infinity Ventures Crypto, and Polygon. , Signum Growth Capital, etc.
Opening – $24.0M
Cincinnati-based Abre is a K-12 data solutions company that provides a software platform that integrates data from EdTech platforms across school districts. Founded in 2017 by Chris Rose, Damon Ragusa, and Zach Vander Veen, Abre has now raised $31.1 million in total capital and is backed by Golden Angels Investors, JobsOhio, Jumpstart Ventures, and PeakSpan Capital.
AlleyWatch audiences are driving progress and innovation around the world. There are a variety of options to reach the audiences of the world’s most innovative organizations and startups, including strategic brand placement, lead generation, and thought leadership in front of an audience comprised of the majority of key decision makers in NYC businesses. Community and beyond. Learn more about advertising at scale on NYC Tech.