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[Funding News] AuthZed Raises $12 Million Series A Funding from General Catalyst

NYC-based Permissions management startup AuthZed has secured $12 million of Series A fundraising led by General Catalyst, with continued participation from Work-Bench, YCombinator, and Amplify Partners.

[Funding News] GA-based Rainforest Raises $20M Series A Funding

Rainforest, a payment provider purpose-built for software platforms, announce a new $20M Series A funding round led by Matrix Partners, with participation from existing investors including Accel, Infinity Ventures, BoxGroup, The Fintech Fund, Tech Square Ventures, Ardent Venture Partners, and a number of strategic angels.

[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] 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] MN-based UroMems Secures $47Million in Series C Round Funding

UroMems, a global company developing innovative, implantable mechatronics technology to treat stress urinary incontinence (SUI), secures $47million in series C round funding the largest...

[Funding News] GA-based CereTax Secures $9 Million Series A Funding

CereTax, the next-generation sales tax solution, announced a $9 million financing led by S3 Ventures, with participation from Wild Basin Investments and Leaders Fund. CereTax revolutionizes sales and use tax automation by combining the modernization of a true cloud solution with a relationship-first team of indirect tax experts.

[Funding News] BlueFlame AI Secures $5M Series A Funding to Transform Gen AI for Alternative Investment Managers

BlueFlame AI, the generative AI platform for alternative investment managers, today announced the successful completion of its Series A funding round. The $5 million private funding round, which was oversubscribed by 25%, was raised through BlueFlame’s network of industry leaders and strategic partners, along with significant participation from the management team. This round will enable BlueFlame to continue its rapid pace of product enhancement for clients and brings its valuation to $50 million.

[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.
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