The Weekly Notable Startup Funding Report: 10/19/26

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 10/17/26 featuring funding details for Modal Labs, ICON, Suki, and eighteen other deals representing $1.7B in new funding that you need to know about.

Abby Care – $82.0M

San Francisco-based Abby Care provides an AI-powered platform that trains and supports family caregivers in delivering care at home. Founded by Havi Nguyen in 2021, Abby Care has now raised a total of $117M in total equity funding and is backed by CVS Health Ventures, Frist Cressey Ventures, Khosla Ventures, Pivotal Ventures, Sequoia Capital, Thrive Capital, and Transformation Capital.

Albert Invent – $55.0M

Oakland-based Albert Invent develops an AI platform designed to support chemistry research and development across scientific and industrial applications. Founded by Ken Kisner, Neelesh Vaikhary, Nick Talken, and Zack Kisner in 2022, Albert Invent has now raised a total of $105M in total equity funding and is backed by Applied Ventures, Coatue, Coral Capital, Delta-v Capital, HighSage Ventures, Index Ventures, JPMorgan Chase & Co., Legion, Socium Ventures, and TCV.

Allara – $30.0M

New York-based Allara is a specialty care platform that offers a healthcare program for women’s hormonal health and PCOS through virtual appointments. Founded by Rachel Blank in 2020, Allara has now raised a total of $68.5M in total equity funding and is backed by Camino Partners, Foreground Capital, Google Ventures, Index Ventures, and The Family Fund.
AlleyWatch’s exclusive coverage of this round: Allara Raises $30M to Give Women One Care Team for Hormonal, Metabolic and Reproductive Health

Causa Prima – $20.0M

San Francisco-based Causa Prima is a FinTech company that develops an AI-powered platform for automating financial operations between businesses. Founded by Henrik Gebbing, Markus Ament, and Philip Stanislaus in 2026, Causa Prima has now raised a total of $30M in total equity funding and is backed by Base10 Partners, Borusan Ventures, Creandum, FJ Labs, K Fund, and QED Investors.

Clueso – $10.0M

Dover-based Clueso is a software company that develops an AI-powered platform for creating and maintaining product videos and documentation. Founded by Akash Anand, Neel Balar, and Prajwal Prakash in 2023, Clueso has now raised a total of $11.9M in total equity funding and is backed by Dharana Capital, f7 Ventures, Founders Future, Neotribe Ventures, and Y Combinator.

Confido Health – $12.5M

New York-based Confido Health automates healthcare operations using AI to enhance efficiency. Founded by Chetan Reddy and Vichar Shroff in 2022, Confido Health has now raised a total of $25.5M in total equity funding and is backed by Blume Ventures, Justin Saks, Together Fund, and Z47.

Harmonic Security – $50.0M

San Francisco-based Harmonic Security develops AI governance and cybersecurity software that helps monitor and control the use of AI across business operations. Founded by Alastair Paterson and Bryan Woolgar-O’Neil in 2023, Harmonic Security has now raised a total of $74.5M in total equity funding and is backed by Crosspoint Capital Partners, N47, StepStone Group, and Ten Eleven Ventures.

ICON – $200.0M

Austin-based ICON is the global leader in construction technology changing the way the world builds on Earth and beyond. Founded by Alexander Le Roux, Evan Loomis, and Jason Ballard in 2017, ICON has now raised a total of $772.8M in total equity funding and is backed by Baillie Gifford, BlackRock, Capital Factory, CAZ Investments, Moderne Ventures, Moonshots Capital, Norwest, Overmatch Ventures, The Syndicate.com, and Tiger Global Management.

Loops AI – $3.5M

San Francisco-based Loops AI provides AI-powered search, shopping assistance, and virtual try-on solutions. Founded by Ari Nazir and İlker Zorluoğlu in 2025, Loops AI has now raised a total of $3.5M in total equity funding and is backed by a16z speedrun, Alumni Ventures, Connecticut Innovations, Monday Capital, and NTT DoCoMo.

Marklo – $5.0M

San Mateo-based Marklo is a software company that develops an AI-powered marketing platform for direct-to-consumer brands operating on Shopify. Founded by Jessica Herrin in 2025, Marklo has now raised a total of $5M in total equity funding and is backed by Forerunner and Freestyle Capital.

Modal Labs – $750.0M

New York-based Modal Labs is a serverless cloud infrastructure platform for running machine learning and data processing workloads. Founded by Akshat Bubna and Erik Bernhardsson in 2021, Modal Labs has now raised a total of $1.2B in total equity funding and is backed by Accel, Amplify Partners, Bain Capital Ventures, General Catalyst, Kleiner Perkins, Lux Capital, Menlo Ventures, and Redpoint.

Mueon – $65.0M

Hillsboro-based Mueon manufactures semiconductor-based infrastructure systems designed to support next-generation AI and hyperscale computing workloads. Founded by Wilfred Gomes in 2025, Mueon has now raised a total of $80.5M in total equity funding and is backed by Defined, Geodesic Capital, Intel Capital, IQT, Maverick Silicon, M Ventures, Oregon Venture Fund, and Wellington Capital Management.

Opsin – $21.0M

San Jose-based Opsin develops cybersecurity software that helps organizations manage risks associated with AI tools and autonomous agents. Founded by James Pham, Jeremy Mailen, and Oz Wasserman in 2024, Opsin has now raised a total of $28M in total equity funding and is backed by Race Capital and SYN Ventures.

RapidCanvas – $29.0M

Austin-based RapidCanvas is an enterprise AI platform that pairs an agentic AI architecture with business expertise to design and govern AI workflows. Founded by Kedar Samant, Rahul Pangam, and Uttam Phalnikar in 2021, RapidCanvas has now raised a total of $52.5M in total equity funding and is backed by Accel, Hitachi Ventures, Peak XV Partners, Titanium Ventures, Valley Capital Partners, and Vertex Ventures Southeast Asia & India.

Reach Security – $50.0M

Palo Alto-based Reach Security develops cybersecurity software that helps organizations identify and address weaknesses in their existing security systems. Founded by Colt Blackmore and Garrett Hamilton in 2021, Reach Security has now raised a total of $80M in total equity funding and is backed by Ballistic Ventures, IQT, M12 – Microsoft’s Venture Fund, and Top Tier Capital Partners.

Sirona Medical – $40.0M

San Francisco-based Sirona Medical is a healthcare software company that develops cloud-native radiology workflow technology for medical imaging practices. Founded by Ankit Goyal and Cameron Andrews in 2018, Sirona Medical has now raised a total of $144.5M in total equity funding and is backed by 8VC, Avidity Partners, GreatPoint Ventures, KLT Holdings, and Rose Park Advisors.

Stand – $70.0M

San Francisco-based Stand provides homeowners insurance and property risk management services for residential properties exposed to natural hazards. Founded by Bill Clerico, Dan Preston, Jason Mueller, and Samuel Shank in 2023, Stand has now raised a total of $135M in total equity funding and is backed by Eclipse, Equal Ventures, Inspired Capital Partners, Jackson Square Ventures, Lowercarbon Capital, Neotribe Ventures, and Saga Ventures.

Suki – $90.0M

Redwood City-based Suki develops artificial intelligence solutions to assist clinicians with clinical documentation and administrative tasks. Founded by Anshu Sharma, Karthik Rajan, and Punit Soni in 2017, Suki has now raised a total of $255M in total equity funding and is backed by Crosslink Capital, Flare Capital Partners, Healthier Capital, Hedosophia, Hercules Capital, Philips Venture Capital Fund, Venrock, and Zoom Ventures.

Sunbound – $24.0M

Washington-based Sunbound provides an AI-powered financial operations platform designed for senior living and skilled nursing providers. Founded by Manny Cominsky, Nat Miller, and Stuart Mason in 2021, Sunbound has now raised a total of $24M in total equity funding and is backed by Bling Capital, Fika Ventures, Live Oak Bank, TTV Capital, and Ziegler Link-Age Funds.

Zippy – $20.0M

Dallas-based Zippy provides digital lending services focused on financing manufactured homes through an online platform. Founded by Ben Halliday and Jordan Bucy in 2021, Zippy has now raised a total of $98.4M in total equity funding and is backed by Saluda Grade.