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 7/29/23 featuring funding details for Akooda, Bright, Nexla, and eighteen other deals representing $367M in new funding that you need to know about.
Ampcontrol – $10.0M
New York-based Ampcontrol is an AI-based software for electric fleets to reduce downtime and charging costs. Founded by Joachim Lohse in 2018, Ampcontrol has now raised a total of $14.1M in total equity funding and is backed by AngelPad, Lorimer Ventures, and The Westly Group.
Bidgely – $18.0M
Mountain View-based Bidgely offers energy analytics and customer engagement solutions for utilities and energy providers. Founded by Abhay Gupta and Vivek Garud in 2011, Bidgely has now raised a total of $100.7M in total equity funding and is backed by CIBC Innovation Banking.
Ennabl – $8.0M
Greenwich-based Ennabl is a platform that connects and assembles existing systems and integrates with external data sources. Founded by Kabir Syed in 2020, Ennabl has now raised a total of $12.0M in total equity funding and is backed by Altai Ventures and Brewer Lane Ventures.
Akooda – $11.0M
Cambridge-based Akooda is a Ops Intelligence platform, providing true insights on existing SaaS tools used across the digital footprint. Founded by Yuval Gonczarowski in 2020, Akooda has now raised a total of $11.0M in total equity funding and is backed by Atlassian Ventures, Founder Collective, NFX, and Village Global.
Stay Ai – $15.1M
New York-based Stay Ai develops a retention operating system with resources to support boosting LTV. Founded by Gina Perrelli, Pierson Krass, and Taylor Cawiezell in 2021, Stay Ai has now raised a total of $15.1M in total equity funding and is backed by Adam Turner, Boulder Food Group (‘BFG’), Nik Sharma, RiverPark Ventures, Telescope Partners, Vanterra Capital, and Watchfire Ventures.
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GlossGenius – $28.0M
New York-based GlossGenius is a vertical SaaS platform for small business owners across the salon and studio space. Founded by Danielle Cohen-Shohet and Karim Butt in 2016, GlossGenius has now raised a total of $70.5M in total equity funding and is backed by Bessemer Venture Partners, Imaginary Ventures, and L Catterton.
Impulse Space – $45.0M
El Segundo-based Impulse Space develops orbital maneuvering vehicles for last-mile cargo delivery. Founded by Tom Mueller in 2021, Impulse Space has now raised a total of $75.0M in total equity funding and is backed by Airbus Ventures, Founders Fund, Lux Capital, RTX Ventures, and Space Capital. LA TechWatch broke the news in an exclusive covering the round and much more – Impulse Space Raises Another $45M for its In Space Transportation Vehicles That Connect the Burgeoning Space Economy
Hippocratic AI – $15.0M
California-based Hippocratic AI develops safety-focused large language models with a focus on non-diagnostic, patient-facing applications. Founded by Alex Miller, Munjal Shah, and Vishal Parikh in 2022, Hippocratic AI has now raised a total of $65.0M in total equity funding and is backed by Cincinnati Children’s, HonorHealth, and Universal Health Services.
Hospitable.com – $924K
San Francisco-based Hospitable.com (previously Smartbnb.io) automates the management of your short-term rentals, directly on your booking channel. Founded by Pierre-Camille Hamana in 2016, Hospitable.com has now raised a total of $924K in total equity funding and is backed by AngelList Quant Fund.
Inspectify – $5.8M
Seattle-based Inspectify aims to develop a platform that helps inspectors, real estate professionals and home buyers alike. Founded by Denis Bellavance, Josh Jensen, and Taylor Zwisler in 2019, Inspectify has now raised a total of $17.3M in total equity funding and is backed by Bragiel Brothers, DivcoWest, Foundation Capital, Fundrise, Munich Re Ventures, and Nine Four Ventures.
Iontra – $29.0M
Denver-based Iontra offers a charging technology for substantially improving battery performance and safety. Founded by Daniel Konopka, Jason Seedig, and Jeff Granato in 2013, Iontra has now raised a total of $82.4M in total equity funding and is backed by Flag Asset Management, Riverstone Holdings, and Volta Energy Technologies.
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Bright – $31.5M
San Francisco-based Bright is a solar-power subscription business that aims to offer homeowners with renewable energy. Founded by Jonah Greenberger and Pablo Castellanos in 2014, Bright has now raised a total of $49.8M in total equity funding and is backed by IFU.
Immediate – $16.0M
Birmingham-based Immediate provides a financial wellness solution that delivers on-demand access to earned wages. Founded by Jason Gwizdala and Matt Pierce in 2018, Immediate has now raised a total of $35.6M in total equity funding and is backed by BankSouth, Bryan Statham, Castlecreek launchpad fund, and Cynthia Johnson.
Nexla – $18.0M
San Mateo-based Nexla provides automation to integrate, transform, and monitor data for various use cases. Founded by Avinash Shahdadpuri, Jeff Williams, and Saket Saurabh in 2016, Nexla has now raised a total of $33.5M in total equity funding and is backed by Blumberg Capital, Engineering Capital, Industry Ventures, Liberty Global Ventures, Shield Capital, and Storm Ventures.
Voltpost – $3.6M
Brooklyn-based Voltpost is a hardware-as-a-service company that transforms lampposts into smart electric vehicle charging stations. Founded by Jeff Prosserman, Joern Vicari, and Luke Mairo in 2021, Voltpost has now raised a total of $4.9M in total equity funding and is backed by Climate Capital, Exelon Foundation, Good News Ventures, RWE Energy Transition Investments, and Twynam Agricultural Group.
Ubicept – $8.0M
Boston-based Ubicept provides imaging solutions that enables to see in the dark and other challenging environments. Founded by Sebastian Bauer and Tristan Swedish in 2021, Ubicept has now raised a total of $8.0M in total equity funding and is backed by Phoenix Venture Partners, The E14 Fund, Ubiquity Ventures, and Wisconsin Alumni Research Foundation.
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.
CompScience – $10.0M
San Francisco-based CompScience makes your workplace safer and lowers your rates with the only AI-powered workers’ comp policy on the market. Founded by Josh Butler in 2019, CompScience has now raised a total of $20.0M in total equity funding and is backed by Four More Capital and Valor Equity Partners.
Finicast – $12.8M
San Mateo-based Finicast provides business financial planning and analysis software. Founded by Cesar Lee in 2019, Finicast has now raised a total of $24.4M in total equity funding and is backed by Celesta Capital.
Engine Biosciences – $18.0M
San Francisco-based Engine Biosciences is a biotech company that applies machine learning to genomics for drug discovery. Founded by Jeffrey Lu and Timothy K. Lu in 2014, Engine Biosciences has now raised a total of $71.0M in total equity funding and is backed by EDBI and Polaris Partners.
Collaborative Robotics – $30.0M
Santa Clara-based Collaborative Robotics is a team of innovators and builders redefining the future of human-robot interaction. Founded by Brad Porter in 2022, Collaborative Robotics has now raised a total of $40.0M in total equity funding and is backed by 1984 Ventures, Calibrate Ventures, Fuel Capital, Jeffrey Wilke, Khosla Ventures, Mayo Clinic, Modern Venture Partners, Neo, and Sequoia Capital.
Protect AI – $35.0M
Seattle-based Protect AI offers a cybersecurity platform that specializes in protecting machine learning models and artificial intelligence systems. Founded by Ian Swanson in 2022, Protect AI has now raised a total of $48.5M in total equity funding and is backed by Acrew Capital, boldstart ventures, Evolution Equity Partners, Knollwood Capital, Pelion Venture Partners, and Salesforce Ventures.
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- Source: https://www.alleywatch.com/2023/07/the-weekly-notable-startup-funding-report-7-31-23/
