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Vatom Raises $10M in Series B Funding

Finsmes · 1y ago

Vatom Raises $10M in Series B Funding

Vatom, a customer engagement platform provider based in Venice, CA, has secured $10 million in Series B funding at a valuation of $125 million. Led by GSV AirCO, the round saw participation from Heart Media, Galaxy Digital, Raine Group, and Bat VC. The company plans to use the funds to expand its customer success, marketing, and product teams in order to support its growing customer base. Vatom's platform is used by major companies such as Google, PepsiCo, and Deloitte to engage with users on the emerging Web3.

Related News

The Carevoice raises $10M Series B, bucking the funding slowdown in health tech

TechCrunch · 1y ago

The Carevoice raises $10M Series B, bucking the funding slowdown in health tech

Insurtech start-up, The Carevoice, has raised $10m in a series B funding round led by Apis Insurtech Fund I. The Shanghai-based embedded insurance solution provider plans to use the funding to expand its partnerships with insurers globally and invest in its operating system for insurers, CareVoiceOS. The Carevoice offers embedded insurance solutions, helping third-party companies integrate insurance products into their customer experiences. The latest funding brings the company’s total capital raised to around $20m. Despite a slowdown in venture investment, The Carevoice doubled its revenues in 2023 and is set to achieve $10m in revenues this year.

ControlRooms.ai raises $10M for industrial manufacturing troubleshooting platform

TechCrunch · 1y ago

ControlRooms.ai raises $10M for industrial manufacturing troubleshooting platform

Austin-based startup ControlRooms.ai has secured $10 million in a Series A funding round led by Origin Ventures, along with Amity Ventures, Tokio Marine Future Fund, and others. The company's AI-powered analytics application automates troubleshooting in heavy industries, reducing downtime and improving productivity. Unlike generic AI platforms, ControlRooms.ai's solution is purpose-built for process and operations engineers, enabling users to predict and address potential issues in manufacturing plants. The funding will support product development and expansion in chemical, petrochemical, energy, and materials facilities globally. The startup also plans to incorporate generative AI capabilities for more advanced predictive applications.

Quilter Raises $10M in Series A Funding

Finsmes · 1y ago

Quilter Raises $10M in Series A Funding

Quilter, an AI company based in Los Angeles, has raised $10 million in Series A funding. The round was led by Benchmark and included participation from Coatue and existing investors. Quilter plans to use the funds to expand its operations and hire for various positions across AI, electronics, and business domains. The company aims to accelerate product awareness and adoption, improve its generative circuit board design software, and develop partnerships and programs for users to experiment with Quilter risk-free.

REDEX Group raises $10M Series A funding led by Aramco Ventures

Startup News FYI

Startup News FYI · 1y ago

REDEX Group raises $10M Series A funding led by Aramco Ventures

REDEX, Asia's leading Renewable Energy Certificates (RECs) solutions provider, has successfully raised USD 10 million in a Series A funding round led by Aramco Ventures. The funding will enable REDEX to expand its operations beyond Asia and enhance the digitization and efficiency of RECs issuance and trading. The company offers a comprehensive suite of RECs management solutions and aims to accelerate the global transition towards renewable energy. REDEX has established itself as a key player in the growing market for RECs adoption, particularly among brand owners committed to 100% renewable electricity.

Legora Raises $80M Series B at $675M Valuation, ICONIQ and General Catalyst Lead Investment | DeepNewz Sweden

Business Bytes

Business Bytes · 3m ago

Legora Raises $80M Series B at $675M Valuation, ICONIQ and General Catalyst Lead Investment | DeepNewz Sweden

Legal AI company Legora has raised $80 million in a Series B funding round, valuing the company at $675 million. The funding round was led by ICONIQ and General Catalyst.

Battery Smart raises $21M in ongoing Series B funding round

YourStory

YourStory · 2m ago

Battery Smart raises $21M in ongoing Series B funding round

Battery Smart, a battery swapping startup, raised an additional $21 million in its ongoing Series B funding round led by Rising Tide Energy. The total Series B round is expected to be $29 million. Other contributors include ResponsAbility Asia Climate Fund, Acacia Inclusion Ltd, and Ecosystem Integrity Fund. The Gurugram-based company plans to use the funds to expand its presence in new and existing cities. Battery Smart currently operates over 1,518 battery swapping stations in India.

BridgeCare Raises $10M in Funding

Finsmes · 1y ago

BridgeCare Raises $10M in Funding

San Francisco-based company BridgeCare has secured $10 million in funding from Avenue Growth Partners to support its data and technology infrastructure platform for early care and education. Led by CEO Jamee Herber, BridgeCare's SaaS solutions enable government agencies and organizations to improve access to quality child care. The company already serves more than 500,000 families and 50,000 providers across 14 US states, and plans to use the investment to expand its operations and further develop its services. Through its innovative approach, BridgeCare aims to create a more equitable and effective early childhood education system.

Sprinto Raises $20 Mn From Accel, Others

Inc42 · 1y ago

Sprinto Raises $20 Mn From Accel, Others

RegTech startup Sprinto has raised $20 million in Series B funding led by Accel. The funding round also included participation from existing investors Elevation Capital and Blume Ventures. Sprinto, founded in 2020, provides enterprises with automation tools for risk and compliance requirements. The company plans to use the funding for research and development, focusing on intelligent automation and artificial intelligence, as well as expanding into new markets.

OneCard raises Rs 95 Cr debt from Alteria

Entrackr

Entrackr · 1y ago

OneCard raises Rs 95 Cr debt from Alteria

Mobile-first credit card startup OneCard has secured Rs 95 crore ($11.44 million) in debt funding from Alteria Capital. The company, which offers co-branded credit cards and a credit score tracking app, will issue 9,500 Series B debentures to raise the funds. The debt funding will be used for business operations. OneCard became a unicorn in 2022 after a Series D funding round and has seen significant growth in revenue, but also a rise in losses. It competes with Slice and Uni in the co-branded credit card space.

Aim Security Raises $10M in Seed Funding

Finsmes · 1y ago

Aim Security, a Tel Aviv-based cybersecurity startup, has secured $10 million in seed funding. Led by YL Ventures and supported by investors from Google, Proofpoint, and Palo Alto Networks, the funding will be used to expand the company's operations and development efforts. Aim Security offers a GenAI security platform that helps enterprises securely adopt artificial intelligence technology without compromising on security. The platform allows security leaders to provide proactive protection for all use cases and ensure the integrity of GenAI tools and third-party applications.

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