Funding Wrap of the Week | American Startups Funding Roundup | April 7 – April 12

There are a lot of American startups funding deals that are creating buzz around the startup ecosystem. These are the growth-stage and early-stage deals of this week. Let’s talk about the Top 10 Funding deals. 

The Top 10 American Startups Funding Deals

Buyers Edge Platform

Buyers Edge Platform, a provider of digital procurement solutions for the foodservice industry, has secured $425 million in equity capital. Backers included a consortium led by General Atlantic Credit’s Atlantic Park fund, as well as funds managed by Blackstone Tactical Opportunities and Morgan Stanley Tactical Value.

Buyers Edge Platform is a major software and analytics firm that offers data-driven insights and technology to the foodservice industry. We connect companies across the foodservice industry and enable them to manage their operations more efficiently by employing data and analytics.

Monad Labs

Monad Labs core developers behind layer 1 blockchain Monad secures $225million in series A round funding. Leading the round was Paradigm, with support from investors Greenoaks and Electric Capital. Founded in 2022 by Eunice Giarta, a former MIT Media Lab researcher and product lead at Shutterstock and Broadway Technology, along with Jump Trading alumni Keone Hon and James Hunsaker.

They are developing the Monad blockchain, a layer-1 blockchain with extremely high performance that is compatible with EVMs and aims to increase global adoption of decentralised applications.

Guesty

Guesty, the leading property management software platform for the short-term rental (“STR”) and hospitality industry, secures $130million in series F round funding, led by leading global investment firm KKR. Inovia Capital, together with existing investors Apax, MSD and Sixth Street, also joined the round, extending their support following Guesty’s significant expansion and sustained growth.

Guesty is the all-in-one platform for short-term rental businesses to automate and optimize every aspect of their operations. With purpose-built technology, industry-wide expertise, and an R&D team of 250+ engineers, Guesty ensures that hospitality businesses can streamline and achieve growth while delivering the best value to guests.

FloQast

FloQast, a Finance and Accounting Operations Platform provider created by accountants for accountants, secures $100million in series E round funding. The round was led by ICONIQ Growth, with Roy Luo, representing ICONIQ Growth, joining FloQast’s Board of Directors.

FloQast, a Finance and Accounting Operations Platform provider created by accountants for accountants, enables organizations to operationalize accounting excellence.

Grow Therapy

A mental health technology startup called Grow Therapy secured $88 million in a series C round of funding. Sequoia Capital led the round, and PLUS Capital and Goldman Sachs Alternatives also participated.

Grow Therapy, a new york startup think that in order to become the best versions of ourselves, therapy is a necessary component. It’s more than just support through adversity, regardless of who you are or where you’re at; it’s the cornerstone to help you develop, heal, and live a life that is more resilient, compassionate, hopeful, and strong.

Auradine

Auradine, Leading supplier of blockchain, security, and artificial intelligence (AI) solutions for online infrastructure, secures $80million in series B round funding. Along with prominent strategic and angel investors, the round attracted a number of new investors, including StepStone Group, Top Tier Capital Partners, MVP Ventures, and Maverick Capital. This round was also attended by previous investors Marathon Digital, Mayfield Fund, and Celesta Capital.

Auradine is a leader in online infrastructure solutions for blockchain, security, and AI. For scalable, secure, and sustainable solutions, the company offers innovative hardware, software, and cloud services. Auradine, a cybersecurity, SaaS, semiconductor, and systems company, was founded in 2022 by a group of seasoned technologists and entrepreneurs.

Arcadia

Arcadia, a global utility data and community solar platform, Secures $50Million in growth funding. This financing will support the continued growth of the company’s market-leading community solar program, alongside product innovation leveraging AI to unlock new use cases built on the company’s trove of energy data.

Arcadia is a climate technology company connecting the clean energy future. Their data platform unlocks global energy data for businesses, powering solutions to drive electrification and decarbonization.

Anrok

Anrok, a software company that offers a sales tax platform, has raised $30 million in a series B fundraising round. Khosla Ventures led the funding round, with participation from Sequoia Capital, Index Ventures, and other investors like Elad Gil, former CEO of Intercom Karen Peacock, David Faugno, current president of 1Password and previous CFO of Qualtrics, and Alex Estevez, former CFO of Atlassian.

Anrok is the cutting-edge sales tax solution. Finance executives can quickly and simply track, compute, and send taxes across any financial stack with Anrok.

Akad Seguros

Akad Seguros, a digital insurance company secures $22.5Million in Series A Round Funding.Leading the round was Valour Capital Group, with Actyus, Across, Endeavour Scale-U p Ventures, and Endeavour Catalyst also participating.

Established in Brazil in 2012, Akad Seguros offers top-notch solutions for many market niches, including property, engineering, RD equipment, financial lines, civil liability, and transportation.

Trident IoT

Trident IoT, a silicon provider and RF technology company focused on decreasing time-to-market for connected device manufacturers, secures $10million in funding.

Trident IoT is a technology and engineering company focused on simplifying RF development, increasing product success rates, and decreasing time-to-market for connected device manufacturers. 

These startups played a major role in American Startups Funding ecosystem in this week and secured funding from Venture Capitalists, Angle Investors in different funding Rounds.

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