The Weekly Notable Startup Funding Report takes us on a trip across various ecosystems in the US, highlighting some of the notable funding activity in the various markets that we track. The notable startup funding rounds for the week ending 3/9/24 featuring funding details for Dtex Systems, Synctera, and thirteen other deals representing $613M in new funding that you need to know about.
Axonius – $200.0M
New York-based Axonius is an asset inventory management platform that focuses on cybersecurity solutions and policies. Founded by Avidor Bartov, Dean Sysman, and Ofri Shur in 2017, Axonius has now raised a total of $595.0M in total equity funding and is backed by Accel, Lightspeed Venture Partners, and Stripes.
Baseten – $40.0M
San Francisco-based Baseten is an AI infrastructure company that integrates machine learning into business operations, production, and processes. Founded by Amir Haghighat, Pankaj Gupta, Philip Howes, and Tuhin Srivastava in 2019, Baseten has now raised a total of $60.0M in total equity funding and is backed by basecase capital, Greylock, IVP, Lachy Groom, South Park Commons, and Spark Capital.
BrainCheck – $15.0M
Houston-based BrainCheck is a mobile interactive test for cognitive health, allowing users to track their brain health to share results with clinicians. Founded by David Eagleman and Yael Katz in 2015, BrainCheck has now raised a total of $39.0M in total equity funding and is backed by Next Coast Ventures, S3 Ventures, and UPMC Enterprises.
Claroty – $100.0M
New York-based Claroty is a cybersecurity company that provides solutions to protect infrastructure and industrial networks from cyber threats. Founded by Amir Zilberstein, Benny Porat, and Galina Antova in 2015, Claroty has now raised a total of $740.0M in total equity funding and is backed by AB Private Credit Investors, Delta-v Capital, Rockwell Automation, SE Ventures, Silicon Valley Bank, Standard Investments, and Toshiba Digital Solutions.
Healthee – $32.0M
New York-based Healthee is an AI-driven benefits administration technology that provides customized responses to employee health benefits questions. Founded by Ben Goldenberg, Ben Nagar, Elad Ofir, and Guy Benjamin in 2018, Healthee has now raised a total of $55.5M in total equity funding and is backed by Fin Capital, Glilot Capital Partners, Group 11, and TriNet.
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Harness Wealth – $17.0M
New York-based Harness Wealth provides the next generation of builders confidence in their best financial future. Founded by Catherine Prentke English, David Snider, and Drew Schwartz in 2018, Harness Wealth has now raised a total of $36.0M in total equity funding and is backed by Jackson Square Ventures, Marc Benioff, Northwestern Mutual Future Ventures, Ori Allon, and Three Fish Capital.
Dtex Systems – $50.0M
San Jose-based DTEX Systems is a cybersecurity company that focuses on insider threat detection and workforce monitoring solutions. Founded by Benjamin Wannan, Christiaan Nillissen, and Mohan Koo in 2000, Dtex Systems has now raised a total of $107.5M in total equity funding and is backed by CapitalG.
io.net – $30.0M
New York-based Io.net Cloud provides a decentralized computing network enabling machine learning engineers to access distributed clusters. Founded by Ahmad Shadid in 2022, io.net has now raised a total of $30.0M in total equity funding and is backed by 6th Man Ventures, Animoca Brands, Aptos, ArkStream Capital, Continue Capital, Delphi Digital, Foresight Ventures, Hack VC, LongHash Ventures, MH Ventures, Multicoin Capital, OKX Ventures, Solana Ventures, and The Sandbox.
Openprise – $25.0M
San Mateo-based Openprise provides a RevOps data automation cloud, assisting businesses in converting their data into actionable insights. Founded by Ed King and Mario Lim in 2013, Openprise has now raised a total of $58.3M in total equity funding and is backed by Morgan Stanley Expansion Capital.
RemotePass – $5.5M
Boston-based RemotePass is an all-in-one platform for companies to onboard, manage, pay, and retain remote workers in 150 countries Founded by Kamal Reggad and Karim Nadi in 2020, RemotePass has now raised a total of $10.5M in total equity funding and is backed by 212, A15, Access Bridge Ventures, Endeavor, Flyer One Ventures, Khwarizmi Ventures, Oraseya Capital, and Swiss Founders Fund.
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Synctera – $18.6M
San Francisco-based Synctera is a banking technology platform that enables community banks and fintech companies to collaborate and provide financial services. Founded by Dominik Weisserth, Kris Hansen, and Peter Hazlehurst in 2020, Synctera has now raised a total of $79.0M in total equity funding and is backed by Banco Popular de Puerto Rico, Diagram Ventures, Fin Capital, Lightspeed Venture Partners, Mana Ventures, and NAventures.
Argyle – $30.0M
New York-based Argyle is a platform developer for payroll connectivity intended for providing contemporary financial services. Founded by Audrius Zujus, Billy Marsden, and Chris Hansen in 2018, Argyle has now raised a total of $107.6M in total equity funding and is backed by Bain Capital Ventures, Checkr, Rockefeller Capital Management, and SignalFire.
Efficient Computer – $16.0M
Pittsburgh-based Efficient is a computer architecture and software company that creates a general-purpose processor for embedded computing applications. Founded by Alex Hawkinson, Brandon Lucia, Graham Gobieski, and Nathan Beckmann in 2022, Efficient Computer has now raised a total of $16.0M in total equity funding and is backed by Eclipse Ventures.
treet – $10.0M
San Francisco-based Treet helps modern brands grow responsibly through resale Founded by Jake Disraeli and Sonia Yang in 2021, treet has now raised a total of $16.4M in total equity funding and is backed by Bling Capital, First Round Capital, Techstars, and Two Sigma Ventures.
MoeGo – $24.0M
Los Angeles-based MoeGo is a software solution designed for pet care business and professionals. Founded by Ethan Dong in 2019, MoeGo has now raised a total of $30.5M in total equity funding and is backed by Base10 Partners, Conductive Ventures, Digitalis Ventures, Stanford University, and UpHonest Capital.
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- Source: https://www.alleywatch.com/2024/03/the-weekly-notable-startup-funding-report-3-11-24/
