Funding

NEW YORK — Vestwell, which operates an employer and individual savings platform, has raised a Series D round totaling $125 million. The round was led by Lightspeed Venture Partners. Existing investors Fin Capital, Primary Venture Partners, and FinTech Collective, and newcomers Blue Owl and HarbourVest, also participated. As part of the round, Lightspeed’s lead fintech Partner, Justin Overdorff, […]

NEW YORK — Prevu — a savings-oriented, homebuying platform — has raised a Series A financing round of $6 million. The company is excited to welcome new investors Citi, RiverPark Ventures, Metropolis Ventures, Simplex Ventures, Winklevoss Capital, Liebenthal Ventures, and shares appreciation for the continued support and participation in the round from its existing investors. Prevu’s unique approach to […]

NEW YORK — Redactable, an AI-driven web application built to redact sensitive documents quickly and permanently, has raised $5.5 million in seed funding led by Gradient Ventures, Google’s AI-focused venture fund with participation from Wocstar Fund, existing pre-seed investors, and notable angel investors. Redactable’s AI-driven platform automatically detects sensitive information in documents and redacts it with results that companies can […]

NEW YORK — Tetra, a home services company helping homeowners transition from fossil fuels to clean energy, has raised a $10.5 million seed funding round led by Greycroft, Gutter Capital, Lerer Hippeau and 1sharpe Capital. The funds will be used to expand Tetra’s offering into new markets including New York and California, and to continue investment into developing its proprietary technology […]

NEW YORK — sipMARGS, a canned Margarita company, has successfully raised $2 million in funding led by Lab Capital Advisors to fuel its continued growth. sipMARGS, which launched in the spring of 2021, has gained recognition for its commitment to quality and authenticity. Made with top-quality tequila from the Highlands of Jalisco, Mexico, and available in five […]

NEW YORK — Vendelux, the first AI-powered event intelligence platform, has raised a $14 million Series A led by FirstMark Capital with participation from Cervin Ventures, the founders of HLTH, ShopTalk, Money20/20 (Jonathan Weiner), Manifest, Blueprint (Jay Weintraub), and SaaStock (Alex Theuma). The funding will allow Vendelux to expand its work with enterprise customers including […]

NEW YORK — Syrup, which provides AI-powered planning, buying, and inventory optimization for companies, has raised $17.5 million led by Accel Partners with participation from existing investors Gradient Ventures and 1984 Ventures. Increased accuracy in forecasting takes the guesswork out of merchandise planning, helping reduce overproduction. The Syrup solution connects inventory data with a unique mix […]

NEW YORK  — Qortex, an Intelligent Video Analytics (IVA) company, has raised $10 million in a round led by GFT Ventures along with other investors including Silicon Road Ventures. The company plans to use the funds to expand its talent and technology in support of client and market demand. IVA technology allows for monitoring and analyzing a […]

BROOKLYN — Aperiam Bio, a protein engineering company, has announced its launch from stealth with a $9 million seed round led by OMX Ventures, with participation from Axial VC, KDT Ventures and Civilization Ventures. Proteins are the fundamental building blocks of life, but naturally only evolve to do enough to survive. Historically, businesses working with […]

NEW YORK — Twelve Below, a New York based venture capital firm, has closed an $80 million second early stage fund and a $28 million opportunity fund. The firm will invest in seed and pre-seed investments focusing on fintech, healthcare, energy, SMB and consumer sectors. The opportunity fund allows the firm to double down on […]

NEW YORK — Zip Security has closed a $7.7 million funding round co-led by General Catalyst and Human Capital with participation from BoxGroup. The funding will allow Zip to rapidly scale up the development of its software product, which currently solves cloud-based identity management, device management, and endpoint threat detection, to include more advanced capabilities like […]

NEW YORK — Summer, which offers an innovative approach to short-term rentals and vacation home ownership founded by former Airbnb employees, has announced an $18 million funding round from a group of leading investors, including QED and Viola FinTech, as well as a secured debt facility of up to $50 million from Setpoint Capital. Contributing […]

BUFFALO –– AireXpert, a provider of aerospace and aviation collaboration and automation solutions, has closed a $3 million oversubscribed investment round. This funding, led by Miami-based growth equity firm Reformation Partners, marks a significant milestone for AireXpert as it continues to redefine the landscape of technology for airlines and MRO (Maintenance, Repair & Overhaul) organizations. […]

NEW YORK — Medical imaging technology company Medmo has raised a $9 million funding round led by Lerer Hippeau, alongside existing investors Jerusalem Venture Partners (JVP), C2 Ventures and Stone IsraVentures. Several angel investors also participated, including Elliot Cohen, founder of PillPack (acquired by Amazon), and Klara (acquired by ModMed) Co-founders Simon Bolz and Dr. Simon Lorenz. The additional financing […]