🚀 Medial Secures Investment on Shark Tank India - Fueling the Future of Professional Social Networking. 🔥
Login

News on Medial

Enterprise AI platform Loop AI raises $14 Mn in Series A round

EntrackrEntrackr · 2d ago
Enterprise AI platform Loop AI raises $14 Mn in Series A round
Medial

Enterprise AI platform Loop AI raises $14 Mn in Series A round Enterprise AI platform Loop AI has raised $14 million in a Series A funding round led by Nyca Partners. The round also saw participation from Gokul Rajaram, Base10, Afore Capital, Converge, Alumni Ventures, Data Tech Fund, John Pepper, 9Yards Capital, and Operators Studio. As part of the round, Osama Bedier, a former Google and GoDaddy executive, will join Loop AI’s board. The proceeds will be used to expand Loop AI’s product suite and grow its teams across New York, San Francisco, Tampa, and Bengaluru. The firm plans to invest further in AI-driven workflows to help restaurant operators manage delivery profitably without impacting in-store margins. Founded in 2022, Loop AI builds an enterprise AI platform focused on restaurant and retail back-office operations. Its software helps brands manage delivery-led workflows, finance, operations, and marketing using AI-driven automation. The platform is designed to help restaurants improve margins while scaling delivery and takeout, which has become one of the fastest-growing channels for the industry. The firm claims that it now works with more than 300 brands and supports thousands of restaurant locations across the US. Since 2024, Loop AI has grown sixfold, driven by higher adoption among mid-sized and large restaurant chains. Loop AI counts restaurant brands such as Lazy Dog and Starbird among its customers, using its platform to improve delivery performance and operational efficiency.

Related News

AI Dev platform Inspeq AI raises $1.1 Mn

EntrackrEntrackr · 1y ago
AI Dev platform Inspeq AI raises $1.1 Mn
Medial

Responsible AI development platform provider Inspeq AI has raised $1.1 million (about Rs 9.13 crore) in its pre-Series-A round led by Sure Valley Ventures with participation from Delta Partners. Other investors in the round include Plug and Play, and several marquee angel investors, including Gaurav Singh Kushwaha (founder and CEO of BlueStone), Prateek Dixit (founder of Pocket FM), Rick Kelly (former MD of Meta Ireland), Cyril Treacy (former VP of Salesforce), and other tech executives. The proceeds will be used to expand its product development team and extend its marketing and sales operations in India, Ireland, and the UK. Founded in 2023 in Dublin by Apoorva Kumar and Ramanujam Macharla Vijayakumar, Inspeq AI has built an enterprise-ready LLM Ops platform to help developers evaluate and improve their enterprise AI applications. The firm’s platform promises to make Gen AI app development up to 4X faster. It also promises to cut down development costs by up to 70%. Its comprehensive AI Ops platform addresses the entire spectrum of AI development and production phases. The platform optimizes Gen AI deployment throughout all phases, from testing and evaluation to monitoring and performance enhancement.

Mem0 raises $24 Mn in Series A round

EntrackrEntrackr · 3m ago
Mem0 raises $24 Mn in Series A round
Medial

Mem0 raises $24 Mn in Series A round Mem0, a memory infrastructure platform for AI agents, has raised $24 million in its Series A round led by Basis Set Ventures, with participation from Peak XV Partners, Kindred Ventures, GitHub Fund, and Y Combinator. Strategic investors in the round include executives from Datadog, Supabase, PostHog, GitHub, and Weights & Biases. The proceeds will be used to expand engineering, support enterprise deployments, and form new partnerships with AI platforms and tooling ecosystems. Developers can access Mem0 through its API and open-source repository at www.mem0.ai. Founded in 2023 by Taranjeet Singh and Deshraj Yadav, Mem0 provides a production-ready memory layer that developers can integrate with a few lines of code. The system extracts and stores information from user interactions, resolves conflicting facts, applies confidence scoring, and retrieves relevant context. The platform is used to enable personalization and continuity in AI agent workflows. The firm reports 41,000 GitHub stars, 14 million Python package downloads, and an increase in API calls from 35 million in Q1 to 186 million in Q3 2025. According to the company, thousands of teams across startups and large enterprises use Mem0 in production. Frameworks including CrewAI, Flowise, and Langflow have integrated Mem0, and AWS has selected Mem0 as the memory provider for its Agent SDK. Developers use Mem0 to add persistent memory to large language model applications without building custom pipelines. The company positions itself as a core component of AI agent architecture, similar to authentication or databases.

TurboHire raises $6 Mn in Series A round led by IvyCap Ventures

EntrackrEntrackr · 6m ago
TurboHire raises $6 Mn in Series A round led by IvyCap Ventures
Medial

TurboHire raises $6 Mn in Series A round led by IvyCap Ventures Enterprise recruitment automation platform TurboHire has raised $6 million in Series A funding led by IvyCap Ventures. Earlier in October 2023, TurboHire had raised $2 million in its pre-Series A round led by Pentathlon VC and The Chennai Angels. The Hyderabad-based startup will use the capital to accelerate global expansion, enhance product capabilities, and deepen its integration across HR tech ecosystems. Founded in 2019 by Deepak Agrawal, Rakesh Nayak, and Gaurav Kumar, TurboHire is transforming enterprise hiring through its AI-powered platform that combines Agentic AI, intelligent workflows, and easy HRMS connectivity. It supports end-to-end hiring processes across scenarios from high-volume hiring to leadership roles on a single, configurable interface. TurboHire operates on a B2B SaaS model, offering subscription-based access to its recruitment automation platform. It earns revenue from enterprises using its tools to streamline hiring, reduce time-to-hire, and improve recruitment efficiency. TurboHire counts over 120 enterprises among its clients, including Cipla, Tata Motors, PwC, Lenskart, Britannia, RPG Group, Motilal Oswal Group, and Ola (ANI Technologies). Its technology integrates with global HRMS platforms such as SAP SuccessFactors, Oracle HCM, and Workday.

Bluecopa raises $7.5 Mn in Series A round led by Analog Partners

EntrackrEntrackr · 24d ago
Bluecopa raises $7.5 Mn in Series A round led by Analog Partners
Medial

Bluecopa raises $7.5 Mn in Series A round led by Analog Partners Hyderabad-based finance automation startup Bluecopa has raised $7.5 million in a Series A round led by Singapore-headquartered Analog Partners, with existing investors Blume Ventures and Dallas Venture Capital participating. With this round, the company’s total funding stands at $11.6 million. The proceeds will be used to deepen product development around autonomous finance capabilities and expand Bluecopa’s footprint across APAC, North America, and the Middle East. The company is also investing in building specialised AI models for finance teams handling large transaction volumes. Founded in 2021, Bluecopa builds an AI-native platform that automates core enterprise finance workflows such as reconciliations, receivables, payables, reporting, and financial close. The company says its system is designed to replace batch-based and manual finance processes with continuous, audit-ready operations. Bluecopa claims to have reported over 5x revenue growth and a 3x increase in customers during the year. Its enterprise customer base includes large listed companies and private enterprises across sectors such as ecommerce, retail, logistics, travel, and financial services. According to the company, customers using its platform have seen shorter close cycles, higher process efficiency, and a sharp reduction in manual errors. The platform automates a large share of reconciliations and enables near real-time financial reporting.

Uniphore raises $260 Mn led by NVIDIA and others

EntrackrEntrackr · 3m ago
Uniphore raises $260 Mn led by NVIDIA and others
Medial

Uniphore raises $260 Mn led by NVIDIA and others Conversational automation platform Uniphore has raised $260 million in its Series F funding round from NVIDIA, AMD, Snowflake, and Databricks, along with existing investors NEA and March Capital. The company’s valuation remained unchanged from its last funding round in February 2022, when it raised $400 million at a valuation of $2.5 billion. The proceeds will be used to expand platform capabilities, strengthen partnerships, and accelerate global operations across the Americas, EMEA, and Asia, Uniphore said in a press release. The company will also continue acquisitions such as Orby AI and Autonom8 to build deeper automation and data capabilities. Founded in 2008, Uniphore provides an enterprise AI platform that connects systems of record, knowledge, and workflows. Its Business AI Cloud allows organizations to deploy AI agents and automate operations while maintaining control over data and governance. The platform is used by more than 2,000 enterprises, including several Fortune 500 companies. Customers use Uniphore to automate customer support, HR processes, and supply chain workflows. The company claims efficiency improvements such as a 31% increase in self-service rates and 500 hours saved monthly in support operations. Uniphore’s business model focuses on subscription-based software and AI deployment services for enterprises. It competes with players such as Observe.AI, Kore.ai, and Cognigy in the enterprise automation and conversational AI space. Back in August this year, Uniphore acquired Orby AI Inc. and Autonom8 Inc for an undisclosed amount. In December last year, the firm had acquired two data companies, ActionIQ and Infoworks.

Legal-tech startup SpotDraft raises $8 Mn in Series B extension

EntrackrEntrackr · 9d ago
Legal-tech startup SpotDraft raises $8 Mn in Series B extension
Medial

Legal-tech startup SpotDraft has raised $8 million from Qualcomm Ventures as part of a Series B extension. The funding comes nearly a year after the company raised $54 million in its Series B round in February 2025. Earlier in March 2023, the firm secured $26 million in its Series A funding round. The proceeds will be used to strengthen product and AI capabilities and expand enterprise adoption across the Americas, EMEA, and India. Founded by Shashank Bijapur and Madhav Bhagat, SpotDraft offers an AI-powered contract lifecycle management (CLM) platform focused on privacy-first enterprise use cases. Its AI tools are designed to keep sensitive legal data on-device rather than sending documents to external cloud models. The company reports 100% year-on-year growth in customers, with contract volumes up 173% year-on-year. It currently serves nearly 50,000 monthly active users, processing over one million contracts annually. SpotDraft recently demonstrated its on-device contract review capabilities at Qualcomm’s Snapdragon Summit 2025, where its AI models ran locally on Snapdragon X Elite laptops without cloud connectivity. SpotDraft competes with other legaltech startups like Legistify, Leegality, Sirion, Vakilsearch, and others. Its customers include Apollo.io, Panasonic, Zeplin, and Whatfix. In FY25, SpotDraft’s revenue grew to Rs 121.02 crore from Rs 59.58 crore in FY24, while losses widened to Rs 121.43 crore from Rs 68.36 crore over the same period.

Download the medial app to read full posts, comements and news.