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[Funding News] CA-based Sensi.AI Secures $31M Series B Funding

Sensi.AI, a trailblazer in care intelligence has secured $31 million Series B funding, bringing the company's total funding to over $53 million. This round was co-led by Zeev Ventures and Insight Partners, with continued support from existing investors Entrée Capital, Flint Capital, Jibe Ventures and Secret Chord Ventures.

[Funding News] TX-based Function Raises Series A Funding

Function has raised Series A funding round led by Andreessen Horowitz (a16z) Bio + Health with support from the a16z Cultural Leadership Fund, bringing its total funds to $53 million. Additional investors include Wisdom.vc, Draft Ventures, K5, G9 Ventures, 53 Stations, Matt Damon (Actor), Ari Emanuel (CEO of Endeavor), Kevin Hart (Comedian & actor), Joel Embiid's (NBA's 2023 MVP) Embiid Ventures, Jay Shetty (award-winning podcast host), Blake Griffin (former NBA), Zac Efron (Actor), Jimmy Rollins (former MLB), Colin Kaepernick (former NFL), Dr. Casey Means, Pedro Pascal (Actor), Ara Katz (Co-founder of Seed), Harvey Spevak (Equinox Chairman), Harpreet Singh Rai (Former CEO of Oura), Jeff Dean, and others.

[Funding News] NYC-based Adonis Raises $31M Series B Funding

Adonis, a leading healthcare financial technology platform based in New York City, today announced that it has raised $31 million in Series B financing led by Point72 Private Investments. Point72 Private Investments was joined by new investor Kin Ventures, along with existing investors General Catalyst, Bling Capital, and Max Ventures.

[Funding News] iVerify Secures $12M Series A Funding to Transform Mobile Security

iVerify, the leader in advanced mobile EDR solutions, announced the closing of $12 million in Series A funding led by Shine Capital with participation from Exponential Founders Capital, Mischief Ventures, Box Group, Parameter Ventures, Talons Ventures, and Trail of Bits. The new investment will scale the company’s go-to-market operations and bring the full potential of mobile EDR – including automated response and remediation capabilities – to the Fortune 100. Additionally, Alex Hartz, Partner at Shine Capital, will join iVerify’s board of directors. This investment brings the company's total funding to more than $16 million.

[Funding News] NYC-based Formation Bio Raises $372M Series D Funding

Formation Bio, a tech-driven and AI-native pharma company has raised $372MM Series D funding led by a16z with significant participation from Sanofi. Current investors also joined the round, including Sequoia, Thrive, Emerson Collective, and Lachy Groom, along with new investors, such as SV Angel Growth and FPV Ventures. This round reflects a material step up from the company's Series C valuation. As part of the financing, Scott Kupor, Managing Partner at a16z and Alfred Lin, Partner at Sequoia will join Formation Bio's Board of Directors alongside existing board director Michael Moritz, Sr. Advisor to Sequoia Heritage and board observer Kareem Zaki, Partner at Thrive Capital.

[Funding News] NYC-based Daytona Secures $5M to Simplify Development Environments

Daytona, the self-hosted 'Development Environment Manager has secured $2M pre-seed funding round and recent open-source launch—both of which have surpassed our wildest expectations—we have secured an additional $5M in fresh funding, led by Upfront Ventures.The new capital will be instrumental in strongly tackling the “works on my machine” issue. This funding and support will enable us to lower the barrier to entry and democratize software development on a global scale.

[Funding News] FL-based Payabli Secures $20M Series A to Scale Operations and Drive Innovation

Payabli, the payments infrastructure solution for software companies, has closed a $20M Series A. The round was led by QED Investors with participation from existing investors TTV Capital, Fika Ventures and Bling Capital based on the company’s greater than 3X revenue growth.

[Funding News] CA-based Zuub Secures Series A Funding to Expand AI Dental Automation Solutions

Zuub, a leading innovator in dental Revenue Cycle Automation, is excited to announce that it has secured $9 million in Series A funding led by Vertical Venture Partners with participation from existing investors Bonfire Ventures and MTech Capital. This significant investment will further Zuub’s mission to recapture billions of dollars in lost revenue in the dental industry by applying artificial intelligence and advanced automation technologies.

[Funding News] MN-based Endogenex Secures $88 Million Series C Funding

Endogenex, a clinical-stage medical device company dedicated to improving outcomes in individuals with type 2 diabetes, announced it has closed an oversubscribed Series C financing totaling $88 million.

[Funding News] CA-based Sift Raises $17.5M Series A Funding to Propel the Future of Machine Innovation

Today marks an exciting milestone for Sift as Sift announce o$17.5M Series A funding round led by GV (formerly Google Ventures). This funding, which brings our total capital raised to $25M, is a testament to the growing need for unified observability in complex machine development.
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