Funded & Hiring
A biweekly newsletter of funded startups and the jobs they're hiring for.
A biweekly newsletter of funded startups and the jobs they're hiring for.
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Sunday, 02/09/2024 |
Cherry VenturesFunding Amount: $500 MillionCherry Ventures, a Berlin, Germany, London, UK, and Stockholm, Sweden-based an early-stage venture capital firm that backs European founders, is launching Cherry V, an initiative that amounts to $500m split in two new funds. The funds are split between its flagship Early Stage fund, and an opportunity fund to double down on the most promising portfolio companies at Series B and beyond. |
DeelFunding Amount: $300 MillionDeel, the HR and payroll startup valued by VCs at $12b, sold $300m secondary shares to new investors like General Catalyst and Mubadala. |
StackAdaptFunding Amount: $235 MillionStackAdapt, a Canadian programmatic ad platform, raised US$235m. Ontario Teachers Pension Plan led, and was joined by Intrepid Growth Partners and Hudson Bay Capital. |
ElevenLabsFunding Amount: $180 MillionElevenLabs, a Warsaw, Poland, London, UK and NYC-based research company which specializes in text to speech and AI voice generator, raised $180M in Series C funding. The round was led by a16z and ICONIQ Growth, with additional new investors NEA, World Innovation Lab (WiL), Valor, Endeavor Catalyst Fund and Lunate. Sequoia Capital, Salesforce Ventures, Smash Capital, SV Angel, NFDG, BroadLight Capital, Deutsche Telekom, LG Technology Ventures, HubSpot Ventures, NTT DOCOMO Ventures, and RingCentral Ventures, also participated. This latest funding values ElevenLabs at $3.3 billion, and brings total funding to $281M across four rounds since its founding in 2022. |
SemgrepFunding Amount: $100 MillionSemgrep, a San Francisco, CA-based provider of an application security platform, raised $100M in Series B funding. The round, which brought the total amount to $204M, was led by Menlo Ventures, with participation from existing investors including Felicis Ventures, Harpoon Ventures, Lightspeed Venture Partners, Redpoint Ventures, and Sequoia Capital. |
ShopMyFunding Amount: $77.5 MillionShopMy, a NYC-based platform transforming creator marketing into a performance channel, raised $77.5M in funding. The round was led by Bessemer Venture Partners and Bain Capital Ventures, with participation from Menlo Ventures and previous investors Inspired Capital, AlleyCorp, Jeremy Levine, Bessemer Venture Partners, Scott Friend, Bain Capital Ventures, Amy Wu, Menlo Ventures, and strategic investors including Geoff Donaker, Eric Chan, Campbell + Jett Puckett, Shea McGee, and Camila Coehlo. |
VeirFunding Amount: $75 MillionVeir, a Woburn, MA-based superconducting power delivery company, raised $75M in Series B funding. The round was led by Munich Re Ventures, with participation from Microsoft’s Climate Innovation Fund, Tyche Partners, Piva Capital, National Grid Partners, Dara Holdings and SiteGround. Existing investors VXI Capital, Breakthrough Energy Ventures, Congruent Ventures, Engine Ventures, Fine Structure Ventures and Galvanize Climate Solutions also joined the round. Hiring For: Engineering/Technology(14), Supply Chain/Logistics(2) |
Atalanta TherapeuticsFunding Amount: $75 MillionAtalanta Therapeutics, a Boston, MA-based company developing RNA interference (RNAi) to treat neurological diseases, raised $75M in Series B funding. The round was led by EQT Life Sciences, co-led by Sanofi Ventures, with participation from other new investors RiverVest Venture Partners, abrdn, Inc., Mirae Asset Financial Group and existing investor F-Prime Capital. The Series B financing brings Atalanta’s total capital generated to date from financings and partnerships with Genentech and Biogen to USD 240M. Hiring For: Operations(1), Finance/Accounting(1), Other(2) |
Rad AIFunding Amount: $60 MillionRad AI, a San Francisco, CA-based healthcare AI company, raised $60M in Series C funding, at $525M valuation. The round was led by Transformation Capital, with participation from existing investors Khosla Ventures, World Innovation Lab, UP2398, Kickstart Fund, OCV Partners, Cone Health and others. |
OnebriefFunding Amount: $50 MillionOnebrief, a Honolulu, HI-based provider of software for operational planning and military staff workflows, raised $50M in Series A funding. The round was led by General Catalyst and Insight Partners, with participation from Caffeinated Capital, 9Yards Capital, and Human Capital. |
Motif SystemsFunding Amount: $46 MillionMotif Systems, a San Francisco, CA-based provider of a building design platform, raised $46M in Seed and Series A Funding. The round was led by CapitalG, and the previously undisclosed Seed round was led by Redpoint Ventures. Pre-seed venture firm Baukunst also participated in both rounds. Hiring For: Engineering/Technology(3), Data(1), Other(1) |
SafelyYouFunding Amount: $43 MillionSafelyYou, a San Francisco, CA-based company which specializes in empowering care across senior living through AI, hardware, and remote expert clinicians, raised $43M in Series C funding. The round, which brought the total amount to $100M, was led by Touring Capital with participation from Foundation Capital, Omega Healthcare Investors, Founders Fund, Cross Creek, Samsung Next, and Qualcomm Ventures. |
Mangrove LithiumFunding Amount: $35 MillionMangrove Lithium, a Delta, BC, Canada-based lithium conversion company, raised $35M in Strategic funding. Backers included Mitsubishi Corporation, Asahi Kasei Corporation, InBC Investment Corp., Orion Industrial Ventures, Export Development Canada, Breakthrough Energy Ventures, BMW i Ventures, and BDC Capital. Hiring For: Engineering/Technology(8), Data(2), Other(6) |
ClosinglockFunding Amount: $34 MillionClosinglock, an Austin, TX-based fintech and fraud prevention technology provider, raised $34M in Series B funding. The round was led by Sageview Capital and supported by Headline and RWT Horizons. |
Hone HealthFunding Amount: $33 MillionHone Health, a NYC-based online clinic that provides preventative and proactive longevity care, raised $33M in Series A funding. Backers included Tribe Capital, PIF, Republic Capital, Vibe VC, Humbition, Hanwha, Gaingels, Looking Glass Capital, FJ Labs, Agent Capital, and angels including Codie Sanchez, Paul and Michael Rabil, Mark Wan and Matt Wan, Anthony Pompliano, Austin Reif, Shaan Puri, Sam Parr, Nikita Bier, and Fasha Majoor. Hiring For: Remote(8), Engineering/Technology(6), Design(2), Product(2), Operations(2), Content Creation(2) |
Urban SkyFunding Amount: $30 MillionUrban Sky, a Denver-based stratospheric balloon maker, raised $30m in Series B funding. Altos Ventures led, and was joined by New Legacy Ventures, Lerer Hippeau, Catapult Ventures, Lavrock Ventures, New Stack Ventures, TenOneTen, DA Ventures a Denver Angels Affiliate, Union Labs VC, and Techstars. Hiring For: Engineering/Technology(8), Operations(2), Other(4) |
Allara HealthFunding Amount: $26 MillionAllara Health, a virtual care provider for women with chronic hormonal conditions, raised $26m in Series B funding. Index Ventures led, and was joined by GV. Hiring For: Remote(7), Operations(2), HR/People(2), Marketing(1), Other(5) |
tvScientificFunding Amount: $25.5 MilliontvScientific, an El Segundo, Calif.-based ad tech startup, raised $25.5m in Series B funding, per Axios Pro. NewRoad Capital Partners led, and was joined by Roku, Second Alpha Partners, Norwest Venture Partners, S4S Ventures, and Progress Ventures. |
AtomicworkFunding Amount: $25 MillionAtomicwork, a San Francisco, CA-based company providing agentic service management solutions for Enterprise IT, raised $25M in Series A funding. The round was led by Khosla Ventures and Z47, with participation from Battery Ventures, Blume Ventures, and Peak XV Partners. Hiring For: Engineering/Technology(14), Product(6), Customer Success(6), Design(4), Other(16) |
D3Funding Amount: $25 MillionD3, a Los Angeles, CA-based DomainFi infrastructure company, raised $25M in Series A funding. The round was led by Paradigm with participation from Coinbase Ventures, Sandeep Nailwal, co-founder of Polygon Labs, Dharmesh Shah, the founder of HubSpot, and Richard Kirkendall. |
QsicFunding Amount: $25 MillionQsic, a Dallas, TX-based provider of an intelligent in-store audio platform, raised $25M in Series B funding. The round was led by Hedosophia. Hiring For: Engineering/Technology(2), Sales/Business Development/Growth(2) |
IrreducibleFunding Amount: $24 MillionIrreducible, a zero-knowledge-proof infrastructure startup, raised $24m in Series A funding. Paradigm and Bain Capital Crypto co-led, and were joined by Fenbushi Capital, L2 Iterative Ventures, and Robot Ventures. Hiring For: Remote(6), Engineering/Technology(6), Operations(1), HR/People(1), Other(1) |
FormanceFunding Amount: $21 MillionFormance, a French fintech infrastructure startup, raised $21m in Series A funding. PayPal Ventures and Portage co-led, and were joined by YC, Hoxton Ventures, and Axeleo. Hiring For: Remote(1), Engineering/Technology(1) |
Humanity ProtocolFunding Amount: $20 MillionHumanity Protocol, a blockchain identity startup, raised $20m from Pantera Capital and Jump Crypto at a $1.1b valuation. humanity.org Hiring For: Engineering/Technology(1), Other(1) |
OneVestFunding Amount: $20 MillionOneVest, a Toronto, Canada-based provider of a comprehensive wealth management technology platform, raised $20M in Series B funding. The round was led by Salesforce Ventures, with participation from new investors, Allianz Life Ventures and TIAA Ventures. Returning investors included OMERS Ventures, Deloitte Ventures, Fin Capital, Luge Capital, and Pivot Investment Partners. |
IonateFunding Amount: $17 MillionIonate, a U.K. developer of smart electrical transformers, raised $17m in Series A funding. AlbionVC led, and was joined by In-Q-Tel, JGC Mirai Innovation Fund, Santander InnoEnergy Climate Fund, Antares Ventures and insiders IQ Capital, Zero Carbon Capital. and Cycle Group. Hiring For: Engineering/Technology(3), Design(1) |
IvoFunding Amount: $16 MillionIvo, a San Francisco, CA-based provider of an AI-powered contract review solution, raised $16M in Series A Funding. The round, which brought the total amount to $22.2M, was led by Costanoa Ventures, with participation from Fika Ventures, Uncork Capital, NFDG, Blackbird VC, GD1, and Phase One Ventures. Hiring For: Engineering/Technology(2), Sales/Business Development/Growth(2), Customer Success(2), Other(2) |
GaiaFunding Amount: $14 MillionGaia, a London-based fertility prediction and insurance startup, raised $14m in Series B funding led by Valar Ventures, per Axios Pro. Hiring For: Sales/Business Development/Growth(2), Remote(1), Engineering/Technology(1), Product(1), Marketing(1) |
ReservoirFunding Amount: $14 MillionReservoir, a crypto infrastructure startup, raised $14m in Series A funding led by Union Square Ventures, with participation from Coinbase Ventures, Variant, Archetype, and 1kx. Hiring For: Remote(3), Engineering/Technology(1), Sales/Business Development/Growth(1), Other(1) |
Zest HealthFunding Amount: $13 MillionZest Health, a NYC-based virtual care company focused on treating patients with inflammatory skin diseases, raised $13M in Seed funding. Roivant Health made the investment. Hiring For: Engineering/Technology(2), Other(2) |
ComstructFunding Amount: €12.5 MillionComstruct, a German construction procurement platform, raised €12.5m. GV and 20VC co-led, and were joined by insiders Booom and Puzzle Ventures. |
Little OtterFunding Amount: $9.5 MillionLittle Otter, a San Francisco, CA-based company which specializes in digital whole-family mental health care, raised $9.5M in funding. Backers included Pivotal Ventures, Torch Capital, Springbank, CRV, Next Legacy, G9, Gratitude Railroad, and Carrie Walton Penner’s Fiore Ventures. Hiring For: Remote(8), Other(14) |
LorikeetFunding Amount: $9 MillionLorikeet, an Australian customer support startup, raised A$9m from Blackbird and insiders Square Peg and Skip Capital. lorikeetcx.ai Hiring For: Engineering/Technology(3), Remote(2), Data(1), Design(1), Operations(1), Customer Success(1) |
MedsenderFunding Amount: $5 MillionMedsender, a New York provider of medical assistant automation solutions, raised $5m in Series A funding led by Ballast Point Ventures. medsender.com |
Applied LabsFunding Amount: $4.2 MillionApplied Labs, an AI agents startup, raised $4.2m. Abstract led, and was joined by Point72 Ventures, Outlander, and Tetra. appliedlabs.io Hiring For: Engineering/Technology(4), HR/People(2) |
ProsperFunding Amount: £4 MillionProsper, a London, UK-based provider of a wealth management platform, raised £4M in funding. The round was led by Fuel Ventures, with participation from Nick Perrett. Hiring For: Engineering/Technology(4), Data(3), Finance/Accounting(2), Product(1), Operations(1), Other(2) |
CovalFunding Amount: $3.3 MillionCoval, an SF-based provider of simulation and evaluation solutions for AI agents, raised $3.3m in seed funding led by MaC Venture Capital, with participation from General Catalyst, and YC. coval.dev Hiring For: Engineering/Technology(1) |
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