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 3/18/23 featuring funding details for Atlys, OpenLoop, Payabli, and fifteen other deals representing $1.2B in new funding that you need to know about.
Engrain – $12.0M
Greenwood Village-based Engrain is a real estate technology company known for touchscreen kiosks, interactive mapping, and data visualization products. Founded by Brent Steiner and Patrik Vormittag in 2010, Engrain has now raised a total of $16.7M in total equity funding and is backed by RET Ventures.
Payabli – $8.0M
Miami-based Payment Infrastructure and Monetization Platform Founded by Joseph Phillips and William Corbera in 2020, Payabli has now raised a total of $12.1M in total equity funding and is backed by Bling Capital, Fika Ventures, and TTV Capital.
Adept AI – $350.0M
San Francisco-based Adept AI is a machine learning research and product lab building general intelligence. Founded by Ashish Vaswani, David Luan, and Niki Parmar in 2022, Adept AI has now raised a total of $415.0M in total equity funding and is backed by A.Capital Ventures, Addition, Atlassian Ventures, Caterina Fake, Frontiers Capital, General Catalyst, Greylock, Microsoft, NVIDIA, PSP Growth, Spark Capital, SVA, and Workday Ventures.
Artera – $90.0M
Santa Barbara-based Artera is a SaaS digital health leader in patient communications and 2021 and 2022 Best in KLAS winner in Patient Outreach. Founded by Guillaume De Zwirek and Joe Tischler in 2015, Artera has now raised a total of $135.1M in total equity funding and is backed by Amarjit Gill, Andy Jacques, Breyer Capital, Chris Re, Clarence So, Coatue, Dennis Wong, Jeff Dean, Jim Breyer, Johnson & Johnson, Koch Disruptive Technologies, Lip-Bu Tan, Marc Benioff, Michael Driscoll, Steve Blank, Time Ventures, and Walden Catalyst.
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Upduo – $4.0M
Berkeley-based Upduo helps companies deliver engaging 1:1 coaching sessions at scale that drive measurable business outcomes. Founded by Ben Chang, Mike Mendelson, and Wei Sun in 2020, Upduo has now raised a total of $4.0M in total equity funding and is backed by Impact Venture Capital.
ZOE – $2.5M
Boston-based ZOE is a personalized nutrition company on a mission to improve the health of millions. Founded by George Hadjigeorgiou and Jonathan Wolf in 2017, ZOE has now raised a total of $79.5M in total equity funding and is backed by Flight Fund.
Nimble Robotics – $65.0M
San Francisco-based Nimble Robotics reimagines fulfillment with intelligent robots that can pick and pack anything. Founded by Simon Kalouche in 2017, Nimble Robotics has now raised a total of $115.0M in total equity funding and is backed by Breyer Capital, Cedar Pine, DNS Capital, and GSR Ventures.
OpenLoop – $15.0M
Des Moines-based OpenLoop is an online hiring platform that matches physicians and other healthcare providers with hiring institutions within their region. Founded by Christian Williams, Jon Lensing, and Matt Grossmann in 2020, OpenLoop has now raised a total of $26.6M in total equity funding and is backed by ManchesterStory Group, Nava Ventures, Primetime Partners, SpringTide Ventures, and UnityPoint Health Ventures.
Rippling – $500.0M
San Francisco-based Rippling is a human resource management company that offers an all-in-one platform to help manage HR and IT operations. Founded by Parker Conrad and Prasanna Sankar in 2016, Rippling has now raised a total of $1.2B in total equity funding and is backed by Greenoaks.
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Solarcycle – $30.0M
Oakland-based Solarcycle is a solar technology company that builds a circular economy for solar and renewables. Founded by Jesse Simons, Pablo Dias, and Suvi Sharma in 2022, Solarcycle has now raised a total of $36.6M in total equity funding and is backed by Closed Loop Partners, Fifth Wall, HG Ventures, Prologis Ventures, and Urban Innovation Fund.
Wingspan – $14.0M
New York-based Wingspan is a platform for freelancers to manage income, benefits, and taxes. Founded by Anthony Mironov in 2019, Wingspan has now raised a total of $17.5M in total equity funding and is backed by 186 Ventures, Airbnb, Andreessen Horowitz, Distributed Ventures, Long Journey Ventures, and Ludlow Ventures.
Zus Health – $40.0M
Watertown-based Zus Health helps a new wave of healthcare builders to create technologies and services without the usual blockers. Founded by Jonathan Bush in 2020, Zus Health has now raised a total of $74.0M in total equity funding and is backed by Andreessen Horowitz, F-Prime Capital, Jazz Venture Partners, and Maverick Ventures.
Entre – $1.6M
Pittsburgh-based Entre is a networking firm that provides a community-oriented alternative to traditional professional networking apps. Founded by Juan Carlos del Valle and Michael Marra in 2019, Entre has now raised a total of $2.0M in total equity funding and is backed by CreatorLed Ventures, DeSo Foundation, Dharmesh Shah, Kube VC, Service Provider Capital, and Umami Capital.
The AlleyWatch audience is driving progress and innovation on a global scale. There are a number of options to reach this audience of the world’s most innovative organizations and startups at scale including strategic brand placement, lead generation, and thought leadership in front of an audience that comprises the vast majority of key decision-makers in the NYC business community and beyond. Learn more about advertising to NYC Tech, at scale.
Clever Care Health Plan Inc. – $42.0M
Westminster-based Clever Care Health Plan is a healthcare company that offers medicare advantage health plans to its members. Founded by Dave Firdaus, Hiep Pham, and Myong Lee in 2019, Clever Care Health Plan Inc. has now raised a total of $139.0M in total equity funding and is backed by AV8 Ventures, Brighton Health Group, Figure 8 Investments, Google Ventures, Health Velocity Capital, Norwest Venture Partners, Novo Holdings, Point32Health Foundation, PruVen Capital, and Windham Venture Partners.
Atlys – $12.0M
San Francisco-based Atlys offers an app where users can apply for visas hassle-free. Founded by Mohak Nahta in 2020, Atlys has now raised a total of $16.3M in total equity funding and is backed by Accel and Sequoia Capital.
SpectrumAi – $20.0M
Los Angeles-based SpectrumAi is modernizing and democratizing access to high-quality autism treatment. Founded by Chris Storer and Ling Shao in 2021, SpectrumAi has now raised a total of $29.0M in total equity funding and is backed by Autism Impact Fund, Cobalt Ventures, CVS Health, F-Prime Capital, and Frist Cressey Ventures.
Nanite – $2.0M
Boston-based Nanite is a non-viral gene delivery company of the next generation. Founded by Sean Kevlahan in 2021, Nanite has now raised a total of $8.0M in total equity funding and is backed by Cystic Fibrosis Foundation.
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- Source: https://www.alleywatch.com/2023/03/the-weekly-notable-startup-funding-report-3-20-23/
