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Tag: Angel/Seed

Innerwell Raises $3M to Make Psychedelic-Assisted Psychotherapy Mainstream

There has been a resurgence in the debate about the clinical use of Psychedelic therapies or psychedelic-assisted psychotherapy (PAP).  There’s been increased legalization of...

Transpose Raises $3M For its API-based Platform That Makes Data Readable Across the Blockchain and Web3

While decentralization is one of the most significant benefits of the blockchain, having data in a number of disparate locations presents challenges for readily...

Buywith Raises $9.5M for its Live Shopping Infrastructure Platform and Talent Marketplace

Live shopping e-commerce sales have had a meteoric surge since 2019 in China, where sales went from $62B to $300B last year. The entire...

Bubblehouse Raises $9M for its Social NFT Marketplace That’s Makes the Experience Seamless for Non-Crypto Experts

One of the biggest challenges associated with NFT marketplaces is long and complicated signup processes that require verifications and integrations in order for collectors...

Pressto Raises $1.5M to Teach Students to Become Writers and Become Media-Savvy Through its Tech-Enabled Platform

The future of media and journalism is at a crossroads. The adaption of media to embrace a digital reality has had a profound effect...

Ness Raises $15.5M to Prioritize Health With its Credit Card and Rewards Platform

COVID has transformed how consumers view credit card rewards.  Travel-based card owners have had to adjust the way they earn and spend rewards.  To...

Stakes Raises $5.3M for its Friendly Sports Wagering Platform Where Users Can Earn NFTs

Since mobile sports betting was introduced in New York the last weekend in January, more than $6B has been wagered. While this has been...

MARGS Raises $3M for its Canned Margarita Brand

For the last several years, margaritas have been voted the most popular cocktail in America.  Creating a margarita from scratch is inconvenient, time-consuming, and...

Capable Health Raises $6M for its Health Tech Infrastructure Platform That’s Fueling Innovation in Digital Health

A tremendous amount of potential innovation is stifled by the time, knowledge, and resources needed to develop products. This gap is amplified in industries...

Hopscotch Raises Another $6.1M to Make B2B Payments for Small Businesses Seamless and Free

Consumer applications like Venmo, Cash, and Zelle have revolutionized person-to-person instant payments. Businesses have not had the same functionality and the business-to-business payment space has long been reliant on charging significant transaction fees and tying up cash flow with long waits until funds are available. This is especially onerous for small businesses, freelancers, and startups that operate on tight margins. Hopscotch is a B2B payments platform that offers instant payments without any fees. Similar to the consumer apps, users can collect and receive payments from clients and vendors, whether they have Hopscotch accounts or not. The company just launched its payment product this week in private beta and plans to expand its offering to holistically service the needs of small businesses. AlleyWatch caught up with Hopscotch CEO and Cofounder Reed Switzer to learn more about how the business is catering to the needs of a digitally savvy generation, the company's strategic plans, and latest round of funding from investors that include Shine Capital, Stellation Capital, NOEMIS Ventures, 3KVC, Valar Ventures, and Red & Blue Ventures.

Base64.ai Raises $1.8M for its Automated Document Processing Platform

Intelligent document processing incorporates automation to capture, extract, and process data from various formats including, forms, images, PDFs, and ZIPs. By leveraging API-based technology, businesses are able to free up human capital to focus on higher-value tasks by automating the multitude of documents they need to handle on a daily basis. Base64.ai has built a sophisticated OCR document processing automation platform that can handle 700+ document types off the shelf with the ability to adapt to continuously improve and expand its capabilities through AI. By coupling AI with OCR, the platform is able not only exponentially improve data extraction accuracy vs just using OCR alone but also accommodate more types of documents. Base64.ai is flexible in its implementation with a cloud-based solution, on-premise, and can even be incorporated to power enterprise RPA platforms. With data, both unstructured and structured, powering the future of the enterprise and business, the intelligent data processing market is forecasted to demonstrate a 34.6% CAGR through 2027. AlleyWatch caught up with Base64.ai Head of Marketing Andy Karuza to learn more about how the experience of onboarding Uber drivers served as the catalyst for the company, the company's strategic plans, and latest round of funding from investors that include Long Journey Ventures and Data Community Fund.

Glean AI Closes $7.8M for its Automated Accounts Payable Platform that Drives Intelligent Savings

It’s estimated that startups and small businesses waste in excess of $130B each year as a result of poor visibility into vendor spending. By leveraging AI into their accounting stack, companies can take advantage of automation and unprecedented financial intelligence. Glean AI is an automated accounts payable solution that drives savings by providing non-intuitive spend insights. With the platform, companies can focus on cost optimization, benchmarking, and spend intelligence rather than spending time on low-value activities like manual invoice processing. With Glean companies can make ACH, check, and international payments, sync bills and payments with leading accounting software, serving the needs of both accounting and FP&A teams. AlleyWatch caught up with Glean AI CEO and Founder Howard Katzenberg to learn more about the inspiration for the business, the company's strategic plans, latest round of funding from investors that include Contour Venture Partners, American Express Ventures, Infinity Ventures, B Capital Group, and Portage Ventures.

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