The Scherzer Deal Report: June 16-20, 2025
Here is this week’s Deal Report for private equity and venture capital activity for US-based PE and VC firms and portfolio companies, brought to you by Scherzer International.
Sign up: Get private equity and venture capital deals delivered to your inbox every week!
Fundraising for PE & VC Funds
Macquarie Asset Management
$6.8B
Sixth Americas infrastructure fund
Post Oak Energy Capital
$600M
Fifth fund
Private Equity Deals
AE Industrial Partners
Air Transport Components
Undisclosed amount
Gilbert, AZ-based provider of aircraft component MRO services
65 Equity Partners
Allied OMS
Undisclosed amount
Southlake, TX-based management services organization for oral and maxillofacial surgeons
Vista Equity
Amtech
Undisclosed amount
Tempe, AZ-based packaging software firm
Thompson Street Capital Partners
Bubbakoo’s Burritos
Undisclosed amount
Wall, NJ-based franchisor of fast-casual Mexican-fusion restaurants with 130 locations
Paine Schwartz Partners
Chex Finer Foods
Undisclosed amount
Mansfield, MA-based food distributor to grocery stores
Welsh, Carson, Anderson & Stowe
Constitution Surgery Alliance
Undisclosed amount
Avon, CT-based operator of ambulatory surgery centers
Osaic
CW Advisors
Undisclosed amount
Boston, MA-based RIA managing $13.5b in client assets
Silas Capital
DÔEN
Undisclosed amount
Los Angeles, CA-based lifestyle brand
Brookfield Infrastructure Partners
Hotwire Communications
Undisclosed amount
Fort Lauderdale, FL-based broadband provider
Allied Industrial Partners
Pride Dynamo
Undisclosed amount
Abilene, TX-based provider of distributed power solutions
Duration Capital Partners
Watco
Undisclosed amount
Pittsburg, KS-based transportation service company whose assets include short line railroads and ports
Venture Capital Deals
Regeneron Ventures, Deerfield, Canaan Partners, Droia Ventures, and Euclidean Capital
Actio Biosciences
$66M
San Diego, CA-based biotech focused on neurological disorders
BlackRock, Kleiner Perkins, Franklin Templeton, Qatar Investment Authority, Abu Dhabi Investment Council, Premji Invest, Stripes, Greycroft, BAM Elevate, and 137 Ventures
Applied Intuition
$600M
Mountain View, CA-based embedded intelligence platform for autonomous vehicles
llumina Ventures
Arima Genomics
$22M
Carlsbad, CA-based cancer diagnostics startup
Undisclosed
Atraverse Medical
$29.4M
Encinitas, CA-based developer of minimally invasive devices for cardiac procedures
Innovation Endeavors, YC, Homebrew, and Character VC
Extend
$17M
San Francisco, CA-based document processing platform
Kivu, Greycroft, PSG Equity, Morningside Capital, Fortitude Ventures, and Health 2047
HOPPR
$31.5M
Chicago, IL-based medical imaging startup
Ribbit Capital, Fifth Wall, Redpoint Ventures, HighSage Ventures, and Blue Owl Capital
Juniper Square
$130M
San Francisco, CA-based provider of connected fund software for private markets
Khosla Ventures, Bedrock Capital, and Sequoia Capital
Mach Industries
$100M
Austin, TX-based aerospace defense-tech startup
GLIN Impact Capital, Wealthing VC Club, and Citrine Angels
Materna Medical
$20M
Mountain View, CA-based women’s pelvic health company
Dell Technologies Capital, Cisco Investments, and SE Ventures
Maven AGI
$50M
Boston, MA-based developer of AI agents for customer experience
HV Capital, Highland Europe, DST Global, Cathay Innovation, and Build Collective
Nabla
$70M
New York, NY-based provider of AI assistants for clinical care
Giant Ventures, Liberty Mutual Strategic Ventures, Initialized Capital, and Salesforce Ventures
Pano AI
$44M
San Francisco, CA-based wildfire detection startup
QED Investors and Fika Ventures
Payabli
$28M
Miami, FL-based embedded payments platform
Founders Fund
Ramp
$200M
New York, NY-based financial operations platform
Atlantic Vantage Point, Norwest, Sierra Ventures, and Uncorrelated Ventures
Sedai
$20M
Pleasanton, CA-based “self-driving cloud” startup
Dylan Field, CIV, General Catalyst, Sequoia Capital, Founders Fund, 16z, 8VC, and Pax
Senra Systems
$25M
Redondo Beach, CA-based developer of wire harnesses for aerospace and defense applications
General Catalyst, Khosla Ventures, Comcast Ventures, Lince Capital, Oxy Capital, Armilar Ventures, Indico, and Shilling
Sword Health
$40M
Draper, UT-based virtual physical therapy provider
Dragoneer
Teamworks
$235M
Durham, NC-based sports software startup
IVP, ICONIQ, GV, Lightspeed, a16z, Foundation Capital, and YC
Tennr
$101M
New York, NY-based provider of patient referral automation tools
Rethink Impact, Khosla Ventures, Reach Capital, Citi Impact Fund, GingerBread Capital, and Illumen Capital
WorkWhile
$23M
San Francisco, CA-based marketplace for hourly workers
The Scherzer Deal Report: June 9-13, 2025
Here is this week’s Deal Report for private equity and venture capital activity for US-based PE and VC firms and portfolio companies, brought to you by Scherzer International.
Sign up: Get private equity and venture capital deals delivered to your inbox every week!
Fundraising for PE & VC Funds
BharCap Partners
$652M
Second fund
Bloomberg Beta
$75M
Fifth VC fund
Felicis
$900M
10th VC fund
Geodesic Capital
$250M
VC fund focused on advancing the U.S.-Japan alliance
Seven Stars
$40M
Debut fund
Private Equity Deals
Flexpoint Ford
Elliott Davis
Undisclosed amount
Greenville, SC-based accounting firm
Argosy Private Equity
Heavy Equipment Colleges of America
Undisclosed amount
Las Vegas, NV-based provider of heavy equipment, crane, directional drilling, and HVAC training programs
Madison Dearborn Partners Next
Gen Healthcare
Undisclosed amount
Atlanta, GA-based EHR/EMR company
Heartwood Partners
Norlee
Undisclosed amount
Jacksonville, FL-based provider of electrical and mechanical services
Gemspring Capital Management
Residence
Undisclosed amount
Los Angeles, CA-based creative services provider
SRM Equity Partners
RF Technologies
Undisclosed amount
Brookfield, WI-based provider of safety and security tech.
Cove Hill Partners
Swiftly
Undisclosed amount
Millbrae, CA-based transit data platform
Apollo
T.D. Williamson
Undisclosed amount
Tulsa, OK-based pipeline infrastructure firm
Ridgemont Equity Partners
Unosquare
Undisclosed amount
Portland, OR-based provider of digital engineering solutions
Sixth Street Growth
Wealthbox
Undisclosed amount
Providence, RI-based provider of CRM software for financial advisers
Venture Capital Deals
Scale Venture Partners, Cathay Innovation, YC, Creandum, Kfund, and Atomico
Abacum
$60M
New York, NY-based business financial planning startup
Sound Ventures
Antimetal
$20M
New York, NY-based cloud infrastructure management startup
Valtruis, Cigna Ventures, Tau Ventures, Asset Management Ventures, ATX Venture Partners, and Capital Factory
Autonomize AI
$28M
Austin, TX-based provider of AI agents to health systems
Brighton Park Capital, Insight Partners, F-Prime Capital, Thayer Ventures, YC, and Commerce Ventures
Canary Technologies
$80M
San Francisco, CA-based provider of hotel guest management software
Partech, Boldstart, Tiger Global, and Work-Bench
CloudQuery
$16M
New York, NY-based cloud governance platform
Sam and Max Altman, Pelion, Outlander, SNR, Offline, DeepWater, and Ryan Graves
Coco Robotics
$80M
Los Angeles, CA-based developer of autonomous delivery vehicles
Salesforce, Khosla Ventures, CVS Health Ventures, Mitsui Global Investment, Collier, E12, and AME Cloud Venture
Ellipsis Health
$45M
San Francisco, CA-based provider of patient engagement tools for health systems
VMG Partners, QED Investors, Greylock, Bain Capital Ventures, and Courtside Ventures
Fermàt
$45M
San Francisco, CA-based commerce platform
Wellington Management, Khosla Ventures, Bicycle Capital, Geodesic Capital, Archerman Capital, Altimeter, Capital One Ventures, Citi, Coatue, DST Global, General Catalyst, ICONIQ, IVP, Kleiner Perkins, Latitude Capital, Lightspeed Venture Partners, Sapphire Ventures, and Sequoia Capital
Glean
$150M
Palo Alto, CA-based AI enterprise search startup
ClearSky, Phoenix Financial, Glilot Capital Partners, SentinelOne, Hanaco Ventures, iAngels, GKFF Ventures, and Lumir Ventures
Guardz
$56M
Miami, FL-based cybersecurity startup for MSPs
NEA, SignalFire, Craft Ventures, and 9Yards Capital
Horizon3.ai
$100M
San Francisco, CA-based autonomous security startup
IVP and GV
Laurel
$100M
San Francisco, CA-based AI timekeeping startup
Accel, Seven Seven Six, Designer Fund, Sequoia Capital, and 01A
Linear
$82M
Milpitas, CA-based project management tool
General Catalyst, Baillie Gifford, JPMorgan Chase, Microsoft, Sequoia Capital, WndrCo, and Lachy Groom
Meter
$170M
San Francisco, CA-based networking startup
Sequoia Capital, Lightspeed, Lux Capital, General Catalyst, and Founders Fund
Nominal
$75M
Austin, TX-based industrial software startup
Zigg Capital, Upper90, SAIC, and Lockheed Martin
Nooks
$25M
Crystal City, VA-based provider of secure access to classified facilities
Bank of America, Citi, Goldman Sachs, JPMorgan, Morgan Stanley, Wells Fargo, Moody’s, Barclays, Deutsche Bank, BNP Paribas, Apollo, Motive Partners, MassMutual Ventures, and OMERS Ventures
Octaura
$46.5M
New York, NY-based fintech focused on CLO and syndicated loan trading
8VC, Future Back Ventures, and Bain & Co.
Outset
$17M
San Francisco, CA-based AI for market research interviews
Insight Partners
Pactum
$54M
Mountain View, CA-based enterprise procurement platform
Stripe, YC, GV, and Formus Capital
PostHog
$70M
San Francisco, CA-based product analytics platform
Menlo Ventures, MassMutual Ventures, Nuveen Real Estate, Multiplier Capital, Munich Re Ventures, Soma Capital, Alumni Ventures, Helium-3, Cooley, and Fifth Wall
Runwise
$30M
New York, NY-based maker of software and hardware for managing building energy and water consumption
S2G Investments
Sojo Industries
$40M
Bristol, PA-based automated packaging startup
Energy Impact Partners and Activate Capital
Swimlane
$45M
Denver, CO-based AI hyperautomation security startup
Bain Capital Crypto, Sequoia Capital, Lightspeed Faction, Galaxy Ventures, Wintermute Ventures, and Variant
Turnkey
$30M
Austin, TX-based crypto wallet startup
The Scherzer Deal Report: June 2-6, 2025
Here is this week’s Deal Report for private equity and venture capital activity for US-based PE and VC firms and portfolio companies, brought to you by Scherzer International.
Sign up: Get private equity and venture capital deals delivered to your inbox every week!
Fundraising for PE & VC Funds
Denver Ventures
$20M
Debut seed fund
Energize Capital
$430M
Third climate-tech VC fund
Neuberger Berman
$4B
Second GP-led secondaries fund
Thoma Bravo
$34.4B
16th flagship buyout fund ($24.3B); fifth midmarket fund ($8.1B); and its first Europe-focused fund (€1.8B)
Private Equity Deals
Haveli Investments
Accommodations Plus International
Undisclosed amount
Melville, NY-based provider of accommodations and travel tech solutions
Truelink Capital
Channel Factory
Undisclosed amount
City of Industry, CA-based ad tech firm
Lead Edge Capital, Nuveen Real Estate, and Blackstone
Cove
Undisclosed amount
Washington, DC-based provider of commercial property management software
Roark Capital
Dave’s Hot Chicken
Undisclosed amount
Pasadena, CA-based fast-casual chain
Paceline Equity Partners
Everflow
Undisclosed amount
Carteret, NJ-based wholesale master distributor of plumbing supplies
First Reserve and Fortress Investment Group
Island Energy Service
Undisclosed amount
Kapolei, HI-based provider of fuel logistics and infrastructure
Swander Pace Capital, Partners Capital, and Constitution Capital Partners
Maple Donuts
Undisclosed amount
York, PA-based maker of frozen bakery products
Confluence Point
Perry’s Roofing
Undisclosed amount
Pleasantville, NY-based residential re-roofing contractor
Partners Group
PowerTransitions
Undisclosed amount
Houston, TX-based utility-scale U.S. solar developer
Shore Capital Partners
Sweetmore Bakeries
Undisclosed amount
Park Ridge, IL-based family of bakeries
Carlyle
Trucordia
Undisclosed amount
Lindon, UT-based insurance broker
PSG
Uptick
Undisclosed amount
Menlo Park, CA-based provider of job management software for fire, safety, security, and field services
Venture Capital Deals
Larsen Lam Climate Change Foundation
Aircapture
$50M
Berkeley, CA-based direct air capture startup
Lightstone Ventures and Clavyst
BioAllay Therapeutics
$57.5M
San Jose, CA-based developer of analgesic pain relief products
Founders Fund, a16z, General Catalyst, Lux Capital, and Altimeter
Anduril
$2.5B
Costa Mesa, CA-based defense-tech giant
Global Health Investment Corp., EDBI, Athos, Federov, Viking Global Investors, Sherpalo Ventures, S-Cubed Capital, In-Q-Tel, and Civilization Ventures
Antheia
$56M
Menlo Park, CA-based manufacturer of a major Narcan ingredient
Thrive Capital, a16z, Accel, and DST Global
Anysphere
$900M
San Francisco, CA-based AI coding assistant
Energy Impact Partners
Ciroos
$21M
Pleasanton, CA-based developer of agentic AI tools for ops teams
F-Prime, Spark Capital, FFVC, Acronym Venture Capital, Two Lanterns Venture Capital, APA Ventures, dara5, and Alumni Ventures
Dataplor
$20.5M
Manhattan Beach, CA-based provider of global location intelligence
Egis Capital Partners, Intel Capital, Shasta Ventures, UP2398, and Slow Launch Fund
Deep Sentinel
$15M
Pleasanton, CA-based physical security startup
Linse Capital, DFJ Growth, Valor Equity Partners, Founders Fund, Lux Capital, RTX Ventures, DCVC, Airbus Ventures, Spring Tide, First Principles Group, Balerion Space Ventures, Tamarack Global, and Trousdale Ventures
Impulse Space
$300M
Redondo Beach, CA-based maker of spacecraft for “tugging” satellites across orbits
Glynn Capital, Counterpoint Global, S32, and SAIC
Infleqtion
$100M
Boulder, CO-based quantum computing startup
Venture Partners, Sozo Ventures, Founders Fund, Lineage, and Armada Supply Chain Solutions
Kargo
$18.4M
New York, NY-based warehouse inventory management startup
ARK Invest, DFJ Growth, Founders Fund, G42, Human Capital, Lightspeed, QIA, Sequoia Capital, Thrive Capital, Valor Equity Partners, and Vy Capital
Neuralink
$650M
Fremont, CA-based brain-implant startup founded by Elon Musk
Bain Capital Ventures, Khosla Ventures, and Pathlight Ventures
Obvio
$22M
San Carlos, CA-based developer of AI-powered traffic cameras
Salica Investments
Outcomes4Me
$21M
Boston, MA-based AI cancer care startup
General Catalyst, a16z, First Round Capital, and Radical Ventures
Prepared
$80M
New York, NY-based provider of emergency response tools
Flourish Ventures and Accenture Ventures
Reserv
$25M
New York, NY-based insurance claims admit
Snowflake Ventures, Rocketship VC, MVP Ventures, Cox Enterprises, Mayfield, and Benchmark
Sema4.ai
$25M
Atlanta, GA-based agentic AI startup
Actium, Gates Foundation Strategic Investment Fund, Danaher Ventures, Eli Lilly, and Bright
EdgeSignify Bio
$15M
Dallas, TX-based developer of personalized medicines
Goldman Sachs Alternatives
Simetrik
$30M
New York, NY-based reconciliation platform for finance teams
Google, Chevron, and NEA
TAE Technologies
$150M
Foothill Ranch, CA-based fusion energy startup
Greycroft, Index Ventures, Scale Venture Partners, Meritech Capital, and Homebrew
Thread AI
$20M
New York, NY-based startup that helps enterprises design and manage complex workflows
Camber Partners
Trustifi
$25M
New York, NY-based email cybersecurity startup
Protagonist
Vivrelle
$62M
New York, NY-based luxury accessories membership service
NewRoad Capital Partners
Voxel
$44M
San Francisco, CA-based logistics safety startup
The Scherzer Deal Report: May 26-30, 2025
Here is this week’s Deal Report for private equity and venture capital activity for US-based PE and VC firms and portfolio companies, brought to you by Scherzer International.
Sign up: Get private equity and venture capital deals delivered to your inbox every week!
Fundraising for PE & VC Funds
L Catterton
$11B
New fund commitments, including $6.75 for its tenth flagship buyout vehicle
RCP Advisors
$314M
14th fund-of-funds
Terminus Capital Partners
$250M
Debut fund
Zeal Capital Partners
$82M
Second fund
Private Equity Deals
Bain Capital
Acrisure
$2.1B
Grand Rapids, MI-based insurer
Vista Equity Partners
Acumatica
Undisclosed amount
Bellevue, WA-based ERP software firm
Brookfield Asset Management and CDPQ
Antylia Scientific
$1.34B
Vernon Hills, IL-based lab supplies maker
Breakwater Management, Genesis Park, and Tecum Capital
Chemistry
Undisclosed amount
Atlanta, GA-based marketing agency
Coalesce Capital
DAS Health
Undisclosed amount
Tampa, FL-based provider of health-care IT solutions
Sunstone Partners and Cressey & Co.
ProgenyHealth
Undisclosed amount
Plymouth Meeting, PA-based maternity and NICU care management company
Littlejohn & Co.
RailPros
Undisclosed amount
Irving, TX-based railroad engineering firm
Kingswood Capital Management and Performance Investment Partners
The Vitamin Shoppe
Undisclosed amount
Secaucus, NJ-based retailer of nutrional supplements
Valeas Capital Partners
TicketManager
Undisclosed amount
Calabasa, CA-based provider of enterprise event ticket and guest management solutions
LLR Partners
TruTechnologies
Undisclosed amount
Durham, NC-based provider of real-time clinical trial oversight
Venture Capital Deals
Accelmed Partners and 3E Bioventures Capital
Acclaro Medical
$23M
Smithfield, RI-based maker of lasers that reduce the effect of skin aging
DTCP, Okta Ventures, Salesforce Ventures, and Two Sigma Ventures
Cerby
$40M
Alameda, CA-based identity security automation startup
Felicis, Triatomic Capital, General Catalyst, Unusual Ventures, and Xfund
Chalk
$50M
San Francisco, CA-based data platform for AI/ML
Khosla Ventures, Bond Capital, Institutional Venture Partners, Battery Ventures, Bessemer Venture Partners, Index Venture, Lightspeed Venture Partners, Benchmark and Coatue
ClickHouse
$350M
Palo Alto, CA-based database startup
BlueCrest Capital Management, Innovius Capital, Matrix Partners, Threshold Ventures, Underscore VC, G20 Ventures, and MongoDB
CloudZero
$56M
Boston, MA-based cloud cost optimization startup
Dragonfly, Altos Ventures, Sound Ventures, Commerce Ventures, DCG, Circle Ventures, Helios Digital Ventures, and Portage Ventures
Conduit
$36M
Palo Alto, CA-based cross-border payments platform using stablecoins
WndrCo and Kindred Ventures
Creatify
$15.5M
Mountain View, CA-based AI video advertising platform
Greenoaks and Valor Equity Partners
David Protein
$75M
New York, NY-based maker of high-protein bars
Adams Street Partners, General Catalyst, Index Ventures, Entrée Capital, Brewer Lane Ventures, SemperVirens, Latitude, and LionTree
Empathy
$72M
New York, NY-based mobile app for grief management
General Catalyst
Grammarly
$1B
San Francisco, CA-based writing assistant
Blackstone and Angelini Pharma
GRIN Therapeutics
$140M
New York, NY-based biotech focused on serious neurodevelopmental disorders
Capricorn Investment Group, Breakthrough Energy Ventures, Energy Impact Partners, Gigascale Capital, Powerhouse Ventures, Valor Equity Partners, TJB Straubel, and Zach Kirkhorn
Heron Power
$38M
Santa Cruz, CA-based developer of solid-state transformers
Avra, Sequoia Capital, Redpoint Ventures, Box Group, Snowflake Ventures, a16z, and Amplify
Hex
$70M
San Francisco, CA-based data analytics workspace
Freestyle, Backed VC, Deepwater, and BY Venture Partners
Infinity Constellation
$17M
Las Vegas, NV-based AI-focused holding company
General Catalyst, Bain Capital Ventures, Activant Capital, and Bessemer Venture Partners
Pallet
$27M
Fremont, CA-based transportation and warehouse software startup
DCVC, Giant Ventures, StepStone VC, Hanwha Asset Management Venture Fund, SGA Capital, Crossbeam Venture Partners, Align Ventures, ARK Invest, Gigascale, HartBeat VC, and Pax Ventures
Radiant
$165M
El Segundo, CA-based developer of nuclear microreactors
Sequoia Capital, First Round Capital, Creandum, and Susa Ventures
Rillet
$25M
Palo Alto, CA-based ERP to automate accounting
Addition, Prosperity 7 Ventures, Greylock, Lightspeed, BNY and QBE
SnorkelAI
$100M
Redwood City, CA-based provider of AI model evaluation tools
Kleiner Perkins, Spark Capital, Greenoaks, and Meritech Capital
Superblocks
$23M
New York, NY-based enterprise app development startup
Atlas Venture, Access Industries, and Canaan Partners
Vima Therapeutics
$60M
Cambridge, MA-based movement disorder biotech
Khosla Ventures, Lingotto Investment Management, Helena Capital, Fortius Ventures, Kairos Ventures, CS Ventures, Bison Ventures, and MBX Capital
Vivodyne
$40M
San Francisco, CA-based developer of lab-grown human tissues
QED Investors, Fifth Wall, Redpoint Ventures, Uncork, Starwood, and Breyer Capital
Wander
$50M
Austin, TX-based vacation rental platform
The Scherzer Deal Report: May 19-23, 2025
Here is this week’s Deal Report for private equity and venture capital activity for US-based PE and VC firms and portfolio companies, brought to you by Scherzer International.
Sign up: Get private equity and venture capital deals delivered to your inbox every week!
Fundraising for PE & VC Funds
Arena Investors
$1.1B
Third flagship special situations fund
Creator Ventures
$45M
Second fund
Crestline Investors
$1.7B
Third dedicated NAV financing fund
Dementia Discovery Fund
$269M
Second fund
Eagle Merchant Partners
$415M
Second fund
Emil Capital Partners
$100M
Fourth fund
Factorial Funds
$200M
Second institutional fund
Invictus Growth Partners
$574M
Second fund
Munich Re Ventures
$125M
New fund
QuantumLight
$250M
Debut fund
Scribble Ventures
$80M
Third fund
South Loop Ventures
$21M
Debut fund
Private Equity Deals
H.I.G. Growth Partners
AgileBlue
Undisclosed amount
Cleveland, OH-based network security ops platform
Tigertail Capital Partners
Blue Ridge Global
Undisclosed amount
Atlanta, GA-based supply chain planning company
Authentic Brands Group
Dockers
Undisclosed amount
San Francisco, CA-based brand of garments and other accessories
Boyne Capital
McNish
Undisclosed amount
Aurora, IL-based provider of engineered products for the municipal water and wastewater treatment industries
McNally Capital
Quiet Professionals
Undisclosed amount
Tampa, FL-based defense contractor
Vista Equity Partners
RollKall
Undisclosed amount
Irving, TX-based provider of management software for public safety agencies
EQT
Seven Seas Water Group
Undisclosed amount
Tampa, FL-based water treatment firm in the U.S. and Latin America
Transom Capital Group
SigmaTron International
Undisclosed amount
Elk Grove Village, IL-based electronic manufacturing services company
SEVA Growth
Teleskope
Undisclosed amount
Las Vegas, NV-based employee experience platform
Blackstone
TXNM Energy
Undisclosed amount
Albuquerque, NM-based utility
Greenbriar Equity Group
West Star Aviation
Undisclosed amount
East Alton, IL-based maintenance repair and overhaul services company
Venture Capital Deals
Bain Capital
Acrisure
$2.1B
Grand Rapids, MI-based insurer
Sixth Street Growth, Spectrum Equity, General Catalyst, and Ryan Smith
Awardco
$165M
Salt Lake City, UT-based employee rewards and recognition company
Sequoia Capital
Blues
$25M
Boston, MA-based IoT connectivity startup
Ballistic Ventures, SYN Ventures, Overline, and Silver Buckshot Ventures
Undisclosed
BreachRx
San Francisco, CA-based incident response platform
A16z, Breyer Capital, Circle Ventures, Coinbase Ventures, CoinFund, Pillar VC, and Stanford Engineering VF
Catena Labs
$18M
Chicago, IL-based AI-native financial institution
Upfront Ventures and Thrive Capital
Clair
$23.2M
New York, NY-based embedded earned wage access startup
ABN Amro, Climate Investment, Move Energy, Pi Impact, J-Impact, TO Ventures, and Force Over Mass Capital
Converge
$22M
Concrete sensor startup
Radian Capital
Dazos
$25M
Boca Raton, FL-based software platform for behavioral health providers
Left Lane Capital
FanBasis
$20M
San Francisco, CA-based monetization and management platform for digital creators
SR One, Medicxi, OrbiMed, HBM Healthcare Investments, Wellington Management, Novartis Venture Fund, Cormorant Asset Management, and 3B Future Health Fund
Fore Biotherapeutics
$38M
Philadelphia, PA-based registration-stage cancer drugmaker
Wa’ed Ventures and Tali Ventures
Graphiant
$19M
San Jose, CA-based data network services provider
NewSpring Capital
Kincell Bio
$22M
Gainesville, FL-based cell therapy
CDMOTrinity Capital
Lendflow
$15M
Austin, TX-based embedded credit infrastructure providera
16z, UC Investments, Lightspeed, Laude Ventures, Felicis, Kleiner Perkins, and The House Fund
LMArena
$100M
San Francisco, CA-based AI model reliability platform
Bessemer Venture Partners and Coatue
Miter
$23M
San Francisco, CA-based provider of human capital management software for construction and field services
Forerunner Ventures and FPV Ventures
Monarch
$75M
San Francisco, CA-based personal finance app
Accel
OpenFx
$23M
Pasadena, CA-based cross-border payments infrastructure startup
Decibel, Wing VC, TEDCO, and PrimeSet
Pixee
$15M
Baltimore, MD-based application security startup
Bain Capital Ventures, Index Ventures, YC, Adjacent, Volo Ventures, and SaaStr Fund
RevenueCat
$50M
Brandon, FL-based startup powering subscription apps
SignalFire and 01 Advisors
Siro
$50M
New York, NY-based sales rep coaching platform
Goodwater Capital, YC, NEA, Stanford University, and Menlo Ventures
Slash
$41M
San Francisco, CA-based “vertical banking” startup
nsight Partners and Bessemer Venture Partners
Sweep
$22.5M
New York, NY-based agentic workspace for business systems
Eclipse, CIV, Goldcrest Capital, MCJ Collective, True Ventures, and Wonder Ventures
The Nuclear Company
$51.3M
Lexington, KY-based nuclear energy developer
ServiceNow Ventures, Cisco Investments, Presidio Ventures, OpenView Venture Partners, and Tola Capital
TrustCloud
$15M
Boston, MA-based AI platform for GRC