The Weekly Notable Startup Funding Report takes us on a trip across various ecosystems in the US, highlighting some of the notable funding activity in the various markets that we track. The notable startup funding rounds for the week ending 3/4/23 featuring funding details for Gable, Colossyan, and nine other deals representing $532M in new funding that you need to know about.
BetterNight – $33.0M
San Diego-based BetterNight is providing telehealth-based sleep solutions. Founded by Dave French in 1995, BetterNight has now raised a total of $52.6M in total equity funding and is backed by Hamilton Lane, HCAP Partners, and NewSpring.
Bitwise Industries – $80.0M
Fresno-based Bitwise is an ecosystem that provides apprenticeships to students to learn tech skills and connects them to tech opportunities. Founded by Irma Olguin and Jake Soberal in 2013, Bitwise Industries has now raised a total of $157.0M in total equity funding and is backed by Citibank, Goldman Sachs Asset Management, Kapor Center for Social Impact, and Motley Fool Ventures.
Bonusly – $18.9M
Boulder-based Bonusly is an online platform for employee recognition, rewards, and engagement. Founded by John Quinn and Raphael Crawford-Marks in 2012, Bonusly has now raised a total of $31.4M in total equity funding and is backed by Access Venture Partners, Ankona Capital Partners, FirstMark, and NEXT Frontier Capital.
Colossyan – $5.0M
Wilmington-based Colossyan enables users to create videos from text using AI and is focused on Learning & Development (L&D) creators. Founded by Dominik Mate Kovacs, Kristof Szabo, and Zoltan Kovacs in 2020, Colossyan has now raised a total of $6.2M in total equity funding and is backed by APX, Day One Capital, Emerge Education, LAUNCHub Ventures, and Oktogon Ventures.
EvolutionIQ – $7.0M
New York-based EvolutionIQ is an AI startup that offers claims guidance solutions for insurance companies and carriers. Founded by Michael Saltzman and Tomas Vykruta in 2019, EvolutionIQ has now raised a total of $33.0M in total equity funding and is backed by Brewer Lane Ventures, First Round Capital, FirstMark, Foundation Capital, and Principal Financial Group.
Gable – $16.0M
San Francisco-based Gable connects companies and their employees to flexible, scalable, and cost-effective hybrid offices. Founded by Liza Mash Levin and Omri Haviv in 2020, Gable has now raised a total of $16.3M in total equity funding and is backed by Foundation Capital, January Ventures, SemperVirens Venture Capital, Tishman Speyer, and Ulu Ventures.
Metrika – $4.0M
Cambridge-based Metrika is a monitoring and analytics platform that provides visibility and actionable insights into blockchain networks. Founded by Nikos Andrikogiannopoulos in 2019, Metrika has now raised a total of $21.7M in total equity funding and is backed by M12 – Microsoft’s Venture Fund and Nyca Partners.
Shef – $66.5M
San Francisco-based Shef is a homemade food marketplace that helps cooks make an income by cooking and selling food to their communities. Founded by Alvin Salehi and Joey Grassia in 2019, Shef has now raised a total of $95.3M in total equity funding and is backed by American Express Ventures, Andreessen Horowitz, and CRV.
Skydio – $230.0M
Redwood City-based Skydio uses artificial intelligence to create flying drones that are used by consumer, enterprise, and government customers. Founded by Abraham Bachrach, Adam Bry, and Matt Donahoe in 2014, Skydio has now raised a total of $570.0M in total equity funding and is backed by Andreessen Horowitz, Axon, DoCoMo Capital, Hercules Capital, IVP, Linse Capital, Next47, NVIDIA, UP Partners, and Walton Family Foundation.
Typeface – $65.0M
San Francisco-based Typeface is a generative AI application for creating enterprise content. Founded by Abhay Parasnis in 2022, Typeface has now raised a total of $65.0M in total equity funding and is backed by Google Ventures, Lightspeed Venture Partners, M12 – Microsoft’s Venture Fund, and Menlo Ventures.
Vouched – $6.3M
Seattle-based Vouched develops patent-pending visual ID verification for regulated and sensitive industries. Founded by John Baird and John Cao in 2018, Vouched has now raised a total of $18.2M in total equity funding and is backed by BHG VC, Darrell Cavens, Mark Vadon, and SpringRock Ventures.