There’s not much happening this week in terms of enormous, nine-figure rounds, with only two of them valued at $100 million or more. No single sector dominated either, as money was spread across the globe, from contact centers to cybersecurity.
1. Health Zinga$140 million, health care: Medicare Advantage insurer Zing Health raised $140 million from investors, including Health2047 Capital Partners AND First Trust Capital Partners. The Chicago-based startup’s mission is to offer managed care Medicare Advantage Plans “that address social determinants of health to reduce health care disparities among historically underserved populations.” Founded in 2019, the company has raised $330 million, (*10*)on Crunchbase.
2. What to repairUSD 125 million, information technologies: Whatfix has closed a $125 million Series E led by the private equity firm Warburg Pincus. The San Jose, California-based startup is a digital adoption platform — an app that helps users learn to make use of other programs more easily. Large enterprises are implementing these platforms to assist their employees use recent technology tools more effectively. The recent round has a reported valuation of roughly $900 million, which is 50% higher than the Series D valuation in a round led by SoftBank Vision Fund 2 in 2021.
3. SupabaseUSD 80 million, database: Supabase, an open-source development platform and Postgres database service, raised $80 million in a Series C round led by Craft ventures AND Partners of the fifteenth Summit. The San Francisco-based startup is being helped by demand for AI-powered databases. Founded in 2020, the company raised $196 million, on Crunchbase.
4. ImprisonedUSD 76 million, contact center: There could also be no space more ripe for an AI takeover than the contact center industry – and VCs appear to agree. Ujet, an AI-powered cloud contact center startup, closed a $76 million Series D led by Sapphire ventures. The money injection values the company at $500 million, in accordance with Bloomberg. The San Francisco startup’s platform enables customers to make use of generative artificial intelligence technology for “a more efficient, hyper-personalized customer experience at enterprise scale,” the company says. release. Contact and customer support centers are an obvious application for consistently improving conversational AI technologies. More AI means fewer people needed to reply or redirect calls, and maybe even greater efficiency for the large corporations that use it. That’s probably why investors have funded tons of startups like AI level, Talk about it and several others this 12 months. Founded in 2015, Ujet has raised $177 million on Crunchbase.
5. (certain) Centiva$75 million, health care: Buffalo, New York-based Centivo, which offers a health plan focused on primary care, has secured $75 million in a combination of equity and debt financing. The round included investments from Cone health ventures AND JPMorgan Chase‘S Morgan’s health unit. Founded in 2017, the company has raised $226 million on Crunchbase.
5. (certain) Harmonic$75 million, artificial intelligence: Harmonic, which has developed an artificial intelligence platform for developing mathematical superintelligence, has closed a $75 million Series A funding round at a post-money valuation of $325 million, led by Capital of Sequoia. This is the Palo Alto, California-based company’s first disclosed round, raised in 2023. on Crunchbase.
7. Bang$73 million, health care: San Mateo, California-based Mendaera, a healthcare startup using robotics, artificial intelligence and imaging to enhance patient care, announced the close of $73 million in Series B financing led by Threshold. Founded in 2020, the company raised $97 million, on Crunchbase.
8. Torque$70 million, cybersecurity: New York-based Torq, developer of a no-code automation platform designed to enhance security, closed a $70 million Series C led by Evolution Capital Partners. Founded in 2020, Torq has raised $192 million for the company.
9. Global tool$53 million, energy: Houston-based Utility Global, which seeks to cut back emissions and improve energy efficiency through clean energy systems, has raised $53 million in an ongoing Series C led by OPG pension plan. Founded in 2018, the company has raised $86 million, on Crunchbase.
10. Three corporations that raised $50 million each ranked tenth this week, including: based in San Mateo, California Route 92 Medicalbased in San Diego 858 Therapy and based in Cambridge, Massachusetts Bio Mirai.
Great global offers
The biggest deal of the week got here from Europe.
- Based in Germany Everyonesmart fitness startup offering fitness and health facilities has raised $200 million for Series G.
Methodology
We tracked the largest announced rounds in the Crunchbase database that were reported by U.S.-based corporations over the seven-day period from September 21 to September 27. Although most announced rounds are represented in the database, there could also be a slight delay as some rounds are reported late in the week.