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Funded & Hiring
Sunday, 08/10/2024
A biweekly newsletter of funded startups and the jobs they're hiring for.
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Funding Amount: $640 Million
Groq, a Mountain View, Calif.-based AI chipmaker, raised $640m in Series D funding at a $2.8b valuation. BlackRock funds led, and was joined by Neuberger Berman, Type One Ventures, Cisco, KDDI, and Samsung Catalyst Fund.
Hiring For:
Engineering/Technology(12), Finance/Accounting(1), Marketing(1), Other(11), Remote(25)
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Funding Amount: $200 Million
Astranis, a San Francisco, CA-based geostationary satellite maker, raised $200m in Series D funding. The round was led by a16z and BAM Elevate, with participation from Blackrock, Fidelity and Baillie Gifford also participating. This brought the total capital raised to $750m.
Hiring For:
Engineering/Technology(1)
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Funding Amount: $200 Million
Flo Health, a London, UK-based women’s health app provider, raised more than $200M in Series C funding. The investment, which brought Flo’s valuation beyond $1 billion, was made by General Atlantic. As part of the transaction, Tanzeen Syed, Managing Director and Head of Consumer Internet and Technology at General Atlantic, and Jessie Cai, will join Flo’s Board of Directors.
Hiring For:
Engineering/Technology(22), Product(11), Design(10), Data(8), Marketing(6), Content Creation(6), Operations(3), Legal/Compliance(2), Sales/Business Development/Growth(1), Supply Chain/Logistics(1), Other(3)
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Funding Amount: $120 Million
IDRx, a Plymouth, MA-based clinical-stage biopharmaceutical company, raised $120M in Series B funding.The round was led by RA Capital Management, Commodore Capital, and Blackstone Multi-Asset Investing with additional new investors, including Rock Springs Capital and a U.S.-based healthcare-focused fund. Existing investors, including Andreessen Horowitz (a16z) Bio + Health, Casdin Capital, Nextech Invest Ltd. (on behalf of one or more funds managed by it), Forge Life Science Partners, co-founder Nick Lydon, Ph.D., and strategic partner Merck KGaA, Darmstadt, Germany also participated.
Hiring For:
Remote(1), Engineering/Technology(1), Data(1), Product(1), Other(2)
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Funding Amount: $110 Million
Gloo, a Boulder, CO-based technology platform dedicated to connecting the faith ecosystem and releasing its collective might, closed a $110m financing. The company intends to use the funds to accelerate development of the platform.
Hiring For:
Legal/Compliance(1)
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Funding Amount: $75 Million
Placer.ai, a a Walnut, Calif., location data analytics startup, raised $75m at a $1.5b valuation, per TechCrunch.
Hiring For:
Remote(12), Customer Success(5), Sales/Business Development/Growth(4), Operations(4), Engineering/Technology(2), Marketing(2), Design(1), Product(1), Finance/Accounting(1), Other(3)
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Funding Amount: $75 Million
Thumbtack, a San Francisco, CA-based technology company enabling people to improve their homes, received $75m in financing. Silicon Valley Bank (SVB), a division of First Citizens Bank, and Hercules Capital, Inc. (NYSE: HTGC) provided the debt facility.
Hiring For:
Remote(19), Engineering/Technology(9), Data(9), Marketing(8), Sales/Business Development/Growth(6), Product(4), Operations(2), HR/People(2), Other(1)
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Funding Amount: $60 Million
TS Conductor, a Huntington Beach, CA-based manufacturer of advanced electric power lines, closed a $60m growth funding round. The round was led by Wellington Management, joined by Quanta Services, Gates Frontier, Energy & Environment Investment, Inc., Blue Earth Capital, and Edison International, and repeat investors National Grid Partners, Breakthrough Energy Ventures, and a subsidiary of NextEra Energy Resources.
Hiring For:
Product(1)
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Funding Amount: $60 Million
Protect AI, a Seattle, WA-based artificial intelligence (AI) and machine learning (ML) security company, raised $60M in Series B funding. The round was led by Evolution Equity Partners with participation from 01 Advisors, StepStone Group, Samsung, and existing investors Acrew Capital, boldstart ventures, Knollwood Capital, Pelion Ventures, and Salesforce Ventures.
Hiring For:
Engineering/Technology(9), Product(3), Remote(2), Customer Success(2), Data(1), Design(1)
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Funding Amount: $56.7 Million
Muon Space, a Mountain View, Calif., space-as-as-service startup, raised $56.7m in Series B funding. Activate Capital led, and was joined by Acme Capital, Costanoa Ventures, Radical Ventures, and Congruent Ventures.
Hiring For:
Engineering/Technology(10), Remote(9), Operations(3), Data(1), Sales/Business Development/Growth(1), Marketing(1), Finance/Accounting(1), Other(2)
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Funding Amount: $56.1 Million
Gradient AI, a Boston, MA-based enterprise software provider of artificial intelligence (AI) solutions in the insurance industry, raised $56.1m in Series C funding. The round was led by Centana Growth Partners, with participation from existing investors MassMutual Ventures, Sandbox Insurtech Ventures and Forte Ventures.
Hiring For:
Engineering/Technology(3), Remote(1)
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Funding Amount: $50 Million
Mechanical Orchard, an SF cloud ops-as-a-service, raised $50m in Series B funding led by GV. mechanical-orchard.com
Hiring For:
Engineering/Technology(3), Product(2), Data(1), Design(1)
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Funding Amount: $50 Million
Seeq, a Seattle provider of industrial analytics and monitoring, raised $50m in Series D funding. Sixth Street Growth led, and was joined by insiders Insight Partners, Altira Group, Second Avenue Partners, and Saudi Aramco Energy Ventures.
Hiring For:
Sales/Business Development/Growth(1)
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Funding Amount: $50 Million
Morpho, a Paris, France-based provider of a decentralized cryptocurrency lending protocol, raised $50M in funding.The round was led by Ribbit Capital with participation from a16z crypto, Coinbase Ventures, Variant, Pantera, Brevan Howard, BlockTower, Kraken Ventures, Hack VC, IOSG, Rockaway, L1D, Semantic, Mirana, Cherry, Fenbushi, LeadBlock Bitpanda Ventures, Robot Ventures and 40+ others.
Hiring For:
Engineering/Technology(3), Product(1), HR/People(1),Other(2), Remote(7)
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Funding Amount: $45 Million
Rhombus, a Sacramento, CA-based leader in cloud-managed physical security, raised $45m in Series C funding. The round, which brought total funding raised to over $90m, was led by NightDragon, with participation from Bluestone Equity Partners, and existing investors Caden Capital, Cota Capital, Tru Arrow Partners, and Uncorrelated Ventures. NightDragon Managing Director Morgan Kyauk will join the Rhombus Board of Directors.
Hiring For:
Engineering/Technology(23), Data(11), Customer Success(11), Remote(10), Operations(6), Sales/Business Development/Growth(3), Design(2), Product(1), Marketing(1), HR/People(1), Finance/Accounting(1), Other(13)
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Funding Amount: $40 Million
Cents, a provider of business management software for the garment care industry, raised $40m in Series B funding, per Axios Pro. Camber Creek led, and was joined by insiders Bessemer Venture Partners and Tiger Global.
Hiring For:
Other(1)
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Funding Amount: $39.4 Million
Level AI, a Mountain View, CA-based innovator in LLM-native customer experience intelligence and the service automation space, raised $39.4M in Series C funding.The round, which brought the total amount to $73.1M, was led by Adams Street Partners, with additional investment from Cross Creek, Brightloop, many CX leaders, and participation from existing investors including Battery Ventures and Eniac Ventures.
Hiring For:
Engineering/Technology(26), Remote(11), Customer Success(10), Data(9), Sales/Business Development/Growth(5), Operations(4), Product(3), Marketing(2), Design(1), HR/People(1), Other(6)
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Funding Amount: $36 Million
Ema, a San Francisco, CA-based generative AI company creating the universal employee of the future, added $36M to its Series A funding which now totals $50M. The round was led by Accel and Section 32 with participation from Prosus Ventures, Sozo Ventures, Hitachi Ventures, Wipro Ventures, SCB 10X, Colle Capital and Frontier Ventures.
Hiring For:
Engineering/Technology(5), Remote(2), Customer Success(2), Data(1), Product(1), Marketing(1), Other(1)
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Funding Amount: $35 Million
Oats Overnight, a Tempe, Ariz., oatmeal maker, raised $35m in Series B funding led by Enlightened Hospitality Investments. oatsovernight.com
Hiring For:
Engineering/Technology(2), Product(1), Sales/Business Development/Growth(1), Customer Success(1), Supply Chain/Logistics(1), Other(6)
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Funding Amount: $32 Million
unspun, an Oakland, CA-based 3D weaving technology company, raised $32M in Series B funding. The round led by DCVC, with participation from Lowercarbon Capital, E12, Decathlon and SOSV. Milo Werner, General Partner at DCVC, will join unspun’s Board of Directors.
Hiring For:
Engineering/Technology(2), Operations(1), Other(1)
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Funding Amount: $31 Million
Faye, a Richmond, Va.-based travel tech startup, raised $31m in Series B funding.The round, which brought total funding to $49m, was led by Portage, with participation from Lumir Ventures, along with existing investors F2 Venture Capital, Viola Ventures and Munich Re Ventures.
Hiring For:
Customer Success(1), Other(2)
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Funding Amount: $30 Million
Freshpaint, an SF health care privacy platform, raised a $30m Series B led by Threshold.
Hiring For:
Remote(4), Product(2), Customer Success(2), Operations(1), Marketing(1), Other(1)
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Funding Amount: $25 Million
Perchwell, a NYC-based provider of a modern data and workflow platform for residential real estate, raised $25m in Series B financing. The round was led by Lux Capital, joined by a group of strategic real estate and financial investors including Starwood Capital Group, Flex Capital, Stellar MLS, REcolorado MLS, and California Regional MLS (CRMLS). Peter Hébert, Co-founder and Managing Partner at Lux Capital, will be joining Perchwell’s board of directors.
Hiring For:
Engineering/Technology(5), Product(2), Data(1), Marketing(1), Customer Success(1), Other(1)
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Funding Amount: $25 Million
Axiad, a Santa Clara, CA-based identity-first enabler of the zero-trust enterprise, raised $25m in funding. Invictus Growth Partners made the investment.
Hiring For:
Engineering/Technology(3), Data(1)
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Funding Amount: $20 Million
H3X, a Denver-based electric motor maker, raised $20m in Series A funding. Infinite Capital led, and was joined by Hanwha Asset Management, Cubit Capital, Origin Ventures, Industrious Ventures, Venn10 Capital, and insiders Lockheed Martin Ventures, Metaplanet, Liquid 2 Ventures, and TechNexus.
Hiring For:
Engineering/Technology(6), Supply Chain/Logistics(2), Product(1), Sales/Business Development/Growth(1), Other(3)
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Funding Amount: $20 Million
Haus, a San Francisco, California-based provider of decision science and marketing measurement solutions, raised $20M in additional financing. The round was led by 01 Advisors. Rahul Mehta, co-founder and managing partner at DST Global, and Gokul Rajaram participated in the raise, alongside existing investor Insight Partners, as well as Baseline Ventures, Haystack Ventures, Octave, and Mantis Venture Capital also participated.
Hiring For:
Engineering/Technology(4), Data(2), Customer Success(2), Product(1), Sales/Business Development/Growth(1), Marketing(1), HR/People(1), Finance/Accounting(1), Other(2)
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Funding Amount: $16 Million
Gigpro, a Charleston, SC-based on-demand labor marketplace for the hospitality industry, closed a $16m Series A funding round. The round was led by Foundry, with participation from Stage 1 Ventures and existing investors Stage 2 Capital and Detroit Venture Partners.
Hiring For:
Other(30)
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Funding Amount: $15.5 Million
Savvy, a New York provider of wealth management software, raised $15.5m in Series A extension funding led by Canvas Ventures, per Fortune.
Hiring For:
Other(5)
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Funding Amount: $15 Million
Lingo, a crypto rewards token, raised $15m at a $150m valuation from Morningstar Ventures, GBV Capital, Zerostage Capital, Solidity Ventures, and Maven Capital. lingocoin.io
Hiring For:
Remote(2), Engineering/Technology(1), Sales/Business Development/Growth(1), Marketing(1)
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Funding Amount: $14 Million
Guidehealth, a value-based care enablement startup based in Dallas, raised $14m in seed funding led by nonprofit health system Memorial Hermann, per Axios Pro.
Hiring For:
Other(1)
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Funding Amount: $13.5 Million
ZeroTier, an Irvine, Calif.-based network security startup, raised $13.5m in Series A funding. The round was led by Battery Ventures, with participation from Bonfire Ventures, Anorak Ventures, Grand Enterprises B.V., Airbridge Equity Partners and First In Ventures.
Hiring For:
Engineering/Technology(3), Design(1), Product(1)
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Funding Amount: $12.4 Million
HouseAmp, a Seattle-based home-financing startup, raised $12.4m Third Prime and Fortress Private Equity.
Hiring For:
Remote(1), Engineering/Technology(1), Customer Success(1), Other(1)
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Funding Amount: $11 Million
Sybill, a Mountain View, CA-based provider of an AI assistant designed for sales teams, raised $11m in Series A funding. The round was led by Greycroft, with participation from Neotribe Ventures, Powerhouse Ventures, and Uncorrelated Ventures, along with angels like Ashish Gupta, Kathleen Estreich, Bryce Winkelman, Tanuj Thapliyal, and many others.
Hiring For:
Engineering/Technology(2), Remote(1), Data(1), Design(1), Product(1), Customer Success(1), Other(1)
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Funding Amount: $10.9 Million
Seven Starling, a Washington, DC-based virtual provider of women’s behavioral health services, raised $10.9M in Series A funding.The round was led by RH Capital with participation from Pear VC, Expa, Magnify Ventures, Emerson Collective, and Inflect Health, and new investors including Zeal Capital Partners, Ulu Ventures, Fiore Ventures, the March of Dimes, Rogue Venture Partners, Graham & Walker, and Wisdom Ventures.
Hiring For:
Remote(18), Engineering/Technology(1), Other(21)
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Funding Amount: $7 Million
Hyperbolic, a New York-based provider of GPU resources and AI services through a cloud platform, raised $7m in seed funding. The round was led by Polychain Capital and Lightspeed Faction with participation from Chapter One, LongHash, Bankless Ventures, Republic Digital, Nomad Capital, CoinSummer Labs, Third Earth Capital, and angel investors like Balaji Srinivasan, Illia Polosukhin, Sandeep Nailwal, Casey Caruso, Tekin Salimi, Santiago Santos.
Hiring For:
Engineering/Technology(4), Design(1), Product(1), Operations(1), Marketing(1)
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Funding Amount: $5.78 Million
Wed Society, an Oklahoma City-based wedding industry franchise, closed its Series A funding round, at a $5.775m valuation. The backers were not disclosed.
Hiring For:
Marketing(1)
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Funding Amount: $5.6 Million
Boostly, a Lehi, UT-based provider of a marketing platform for restaurants, raised $5.6M in Seed funding.The round was led by Trestle Partners, with participation from Relish Works, Singularity Capital, and Y Combinator.
Hiring For:
Sales/Business Development/Growth(1)
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Funding Amount: $5 Million
Powder, a Los Altos, CA-based fintech startup providing AI agents for precise document analysis, raised $5m in seed funding. Backers included YCombinator, General Catalyst, Funder’s Club, Elefund, Litquidity Ventures and Script Capital, as well as Jon Xu, and Bryant Chou.
Hiring For:
Engineering/Technology(1), Customer Success(1), Other(1)
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Funding Amount: $5 Million
Noze, a Montreal, Canada-based leader in breath-based diagnostics, secured a $5m equity investment from the Bill & Melinda Gates Foundation. The funding follows two previous grants from the foundation, bringing its total contribution to $6.8m.
Hiring For:
Content Creation(1), Other(1)
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Funding Amount: $4.5 Million
GovWell, a New York-based provider of a govtech software platform, raised $4.5m in seed funding. The round was led by Work-Bench, with participation from Bienville Capital.
Hiring For:
Engineering/Technology(3), Remote(2), Customer Success(2), Sales/Business Development/Growth(1), HR/People(1), Other(3)
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Funding Amount: £1.3 Million
Assisterr, a Cambridge, UK-based AI Infrastructure startup, raised £1.3M in Pre-Seed funding.Backers included Web3.com Ventures, Moonhill capital, Contango, Outlier Ventures, Decasonic, Zephyrus Capital, Wise3 Ventures, Saxon, GFI Ventures, X Ventures, Koyamaki, Lucid Drakes Ventures, and angels, including Michael Heinrich, co-founder & CEO at 0g.ai, Mark Rydon, co-founder & CEO at Aethir, Nader Dabit, Director of Developer Relations at Eigen Labs, Anthony Lesoismier-Geniaux, co-founder at SwissBorg, Ethan Francis, Head of Developer Relationships at Particle Network and more.
Hiring For:
Engineering/Technology(3), Data(1), Other(1)
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