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[Funding News] Definely Secures Strategic Investment From Raine Ventures to Accelerate US Rxpansion

Definely, the UK-based LegalTech company focused on simplifying legal documents, today announces a strategic investment from Raine Ventures, the venture arm of US investment firm The Raine Group (“Raine”). This partnership marks a significant milestone in Definely's growth trajectory, building on its customer base which includes elite law firms and Fortune 500 companies such as A&O Shearman, Milbank LLP and Deloitte.

[Funding News] Pindrop Raises $100 Million Debt Financing from Hercules Capital

Pindrop, a global leader in voice authentication and security, announced it has secured $100 million in debt financing from Hercules Capital, Inc. This significant funding will enable Pindrop to further develop its cutting-edge audio, voice, and AI technologies, enhancing its offerings for customers in the banking, finance, contact center, insurance, utilities, healthcare, retail, and other industries.

[Funding News] Monetary Metals Secures over $5 Million in Equity Capital

Monetary Metals, an industry-leading gold company, announce the successful completion of a $5.6 million equity capital raise via a private placement offering. This is the largest raise to date, and brings the total equity raised since its founding to over $14 million. Sound Money Capital, AG, the privately held company of notable gold industry professionals Ronald-Peter Stöferle and Mark Valek, invested in the round.

[Funding News] Endor Labs Receives Strategic Investment from Citi Ventures

Endor Labs, a leader in software supply chain security announced a strategic investment from Citi Ventures. In a further validation of Endor Labs’ unique approach to securing the software supply chain, this comes less than a year after the company received $70M in oversubscribed Series A financing from Lightspeed Venture Partners (LSVP), Coatue, Dell Technologies Capital, Section 32 and more than 30 industry-leading CEOs, CISOs and CTOs.

[Funding News] J2 Ventures Secures $150 Million in Funding

J2 Ventures, a Venture capital firm focused on deep technology for the U.S. Government has secured $150 million for its new Argonne Fund. The oversubscribed fund, majority veteran owned and led, is more than double their last fund size with support from some of the largest financial institutions in the world including JP Morgan, MetLife and the New Mexico State Investment Council.

NYC-based GrowthCurve Capital Acquires Duetto

Duetto, a leading provider of revenue management software for the hospitality industry, today announced that it has been acquired by GrowthCurve Capital. GrowthCurve is acquiring the business from affiliates of Warburg Pincus and other shareholders. Terms of the transaction were not disclosed.

[Funding News] NYC-based illumex Raises $13M led by Cardumen Capital

illumex, the Generative Semantic Fabric platform for structured enterprise data, announced that it has raised $13M in seed funding. The round was led by Cardumen Capital, Amdocs Ventures, and Samsung Ventures, with participation from ICI Fund, Jibe Ventures, Iron Nation Fund, Ginossar Ventures, ICON Fund, Today Ventures, and renowned angel investors.

[Funding News] Authentica Solutions Secures $6.2 Mn Funding Led by Owl Ventures

Authentica Solutions, a leader in data integration and intelligence management solutions for the education sector, announced the successful completion of a $6.2 Million Series Seed funding round led by Owl Ventures, the largest EdTech focused venture capital firm globally. The company’s Education Intelligence Platform, Authentica seed™, empowers stakeholders across the education ecosystem by providing the flexibility, security, and clear data ownership needed to support their evolving technology investments that drive learning outcomes.

[Funding News]Heyday Health Raises $12.5M from Gradient Ventures and Others

Heyday Health, the nation's first virtual-forward value-based care provider focused on Medicare and dual-eligible patients, announced that it has raised $12.5 million from Gradient Ventures - Google's early stage fund, Lionbird, a large national payor, Great Oaks Capital, and Kate Ryder, CEO of Maven Clinic.

Zendesk launches Venture Fund to Fuel AI Startups

Zendesk, the company providing the most complete AI solution for CX in the market, today officially launched its global venture fund to back AI-first companies focused on enhancing customer and employee experiences. Beyond capital, Zendesk Ventures offers access to CX and AI experts, strategic partnership opportunities to accelerate growth and innovation, and the chance to be featured on Zendesk Marketplace, home to over 1,300 apps.
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