Investment Landscape: 37 Notable Funding Rounds in September 2023
Investment activity continues to surge across diverse sectors, with startups securing significant funding rounds to fuel their growth and innovation. From electric boats to medical services, these companies are attracting capital from a range of investors.
Let’s take a closer look at these 37 companies and the funding they’ve recently secured in September 2023.
1. Arc Boats – $70M (Series B)
Overview: Arc Boats is an electric boat company founded by Mitchell Lee and Ryan Cook in 2021. The company has recently raised $70 million in Series B funding.
Investors: Notable investors include Andreessen Horowitz, Menlo Ventures, Abstract Ventures, Eclipse Ventures, and Lowercarbon Capital.
Total Funding: With this latest round, Arc Boats has now raised a total of $100 million in reported equity funding, signaling strong support for their electric boat vision.
2. League One Volleyball – $35M (Series B)
Overview: League One Volleyball is a women’s professional volleyball league that focuses on promoting women’s sports. It was founded in 2020 by Katlyn Gao, Kevin Wong, and Peter Hirschmann.
Investors: The recent Series B funding round of $35 million included investments from Left Lane Capital, Ares Management, Kevin Durant, Amy Schumer, Candace Parker, Chelsea Handler, and more.
Total Funding: To date, League One Volleyball has raised approximately $57.1 million in reported equity funding, demonstrating growing interest in women’s sports.
3. Partillion Bioscience – $5M (Seed)
Overview: Partillion Bioscience is a life sciences company that specializes in single-cell analysis platforms. It was founded in 2020 by Dino Di Carlo and Joe de Rutte.
Investors: The $5 million in seed funding came from Paladin Capital Group and Vertical Venture Partners.
Total Funding: Partillion Bioscience has now raised a total of $6.1 million in reported equity funding, highlighting the potential of their single-cell analysis technology.
4. Crediverso – $3.5M (Venture)
Overview: Crediverso is a multilingual platform dedicated to providing financial literacy resources to underserved communities. Charlie Hernandez founded the company in 2021.
Investors: The $3.5 million in venture funding was secured from investors such as Bessemer Venture Partners, Gaingels, Torch Capital, and Act One Ventures.
Total Funding: Crediverso has now raised approximately $6.6 million in reported equity funding, underscoring the importance of financial education in underserved communities.
5. QT Medical – $12M (Series B)
Overview: QT Medical is a company specializing in cardiac care monitoring platforms. Dr. Ruey-Kang Chang founded the company in 2013.
Investors: The $12 million in Series B funding included investments from CDIB Capital, Taiwania Capital, Cathay Capital, BE Capital, TMU Biomed, and Quanta Computer.
Total Funding: With this latest round, QT Medical continues to advance its cardiac care technology, having secured significant investments along the way.
6. Jiritsu.network – $10.2M (Venture)
Overview: Jiritsu.network is a verifiable computing platform founded in 2021 by Asher Gottesman, Jacob Guedalia, and David Guedalia.
Investors: The $10.2 million in venture funding came from a diverse group of investors, including Shima Capital, Susquehanna Growth Equity, Republic Capital, and many others.
Total Funding: Jiritsu.network’s innovative approach to verifiable computing has attracted substantial investment interest, totaling $10.2 million in this recent funding round.
7. Mountaintop Studios – $20.5M (Funding)
Overview: Mountaintop Studios is a game development studio focusing on multiplayer games. It was founded by Mark Terrano and Nate Mitchell in 2020.
Investors: Although specifics about the investors in this round were not disclosed, the company has raised a total of $56 million in reported equity funding.
Total Funding: Mountaintop Studios continues its mission of creating immersive multiplayer games, with this funding round contributing to their growth.
8. Kreation – $1.5M (Funding)
Overview: Kreation is a platform that assists fashion brands in embracing gaming. It was founded by Tomoya Ogawa in 2021.
Investors: This funding round of $1.5 million came from a sole investor, demonstrating confidence in Kreation’s approach to merging fashion and gaming.
Total Funding: Kreation has now raised a total of $1.5 million in reported equity funding, as it explores the intersection of fashion and gaming.
9. Kudos – $17M (Funding)
Overview: Kudos is a browser-based rewards optimization platform that empowers online shoppers to make informed decisions during checkout. It was founded by Ahmad Ismail and Tikue Anazodo in 2021.
Investors: This funding round of $17 million drew support from thirty-three investors.
Total Funding: Kudos has now raised approximately $24 million in reported equity funding, as it continues to enhance the online shopping experience.
10. Needed – $14.6M (Funding)
Overview: Needed is a prenatal nutrition startup founded by Julie Sawaya and Ryan Woodbury in 2017.
Investors: This funding round of $14.6 million came from twenty-two investors.
Total Funding: Needed has now raised a total of $27 million in reported equity funding, advancing its mission to support prenatal health.
11. Afterparty – $5M (Venture)
Overview: Afterparty is a fan interaction platform for creators founded by Dan Rahmel, David Fields, Eytan Elbaz, and Robert Graham in 2021.
Investors: The $5 million in venture funding included participation from Acrew Capital, Act One Ventures, Blockchange Ventures, Vinny Lingham, and Tamarack Global.
Total Funding: With this latest round, Afterparty has raised a total of $22 million in reported equity funding, enabling creators to engage more deeply with their fans.
12. Bevz – $3.1M (Venture)
Overview: Bevz is a software platform that caters to independent liquor and convenience stores. It was founded by Jason Vego and Victor Grayr in 2020.
Investors: This venture funding round of $3.1 million saw support from multiple investors, including Hustle Fund and IrishAngels.
Total Funding: Bevz has now raised approximately $7.1 million in reported equity funding, empowering independent retailers with innovative software solutions.
13. Mundial Media – $2M (Pre-Seed)
Overview: Mundial Media is a multicultural contextual marketing platform founded by Adrian Ruiz, Patty Linares, Ramon Cendejas, and Tony Gonzalez in 2022.
Investors: The $2 million in Pre-Seed funding came from New Day Industries and Barlow Family Investments.
Total Funding: Mundial Media is off to a promising start with $2 million in funding to support its multicultural marketing endeavors.
14. Miso Robotics – $551K (Funding)
Overview: Miso Robotics is a robotic automation platform designed for restaurants. It was founded in 2016 by Buck Jordan, David D. Zito, Robert Anderson, and Ryan Sinnet.
Investors: This funding round of $551,000 attracted one-hundred-seventeen investors.
Total Funding: Miso Robotics has raised a total of $96.85 million in reported equity funding, revolutionizing restaurant operations with automation.
15. Portals – $380K (Funding)
Overview: Portals is a browser-based metaverse platform founded by Adam Gomez and Jacqueline Chang in 2021.
Investors: The $380,000 in funding came from two investors.
Total Funding: Portals has raised a total of $5 million in reported equity funding, contributing to the development of the metaverse.
16. VideoAmp – $150M (Series G)
Overview: VideoAmp is a measurement and data platform that enhances media spend allocation in the advertising ecosystem. It was founded in 2014 by Dave Gullo and Ross McCray.
Investors: The $150 million in Series G funding was led by Vista Credit Partners.
Total Funding: VideoAmp has raised a total of $606.6 million in reported equity funding, reinforcing its role in optimizing advertising strategies.
17. Sunroom – $6.8M (Funding)
Overview: Sunroom is a judgment-free platform for women and non-binary creators to monetize their content. It was founded in 2020 by Ellie Day, Lucy Mort, and Michelle Battersby.
Investors: This funding round of $6.8 million received support from forty-one investors.
Total Funding: Sunroom has now raised approximately $10.4 million in reported equity funding, empowering creators to thrive.
18. Lucendi – $1M (Funding)
Overview: Lucendi is an AI-powered smart measurement platform for computational microscopy. It was founded in 2016 by Aydogan Ozcan and Maxim Batalin.
Investors: This funding round of $1 million came from a sole investor.
Total Funding: Lucendi has now raised a total of $2.2 million in reported equity funding, advancing the field of computational microscopy.
19. Kindo – $7M (Seed)
Overview: Kindo is an AI productivity platform designed for businesses. It was founded by Ron Williams, Margaret Jennings, and Bryan Vann in 2021.
Investors: The $7 million in Seed funding included investments from RRE Ventures, Eniac Ventures, and others.
Total Funding: Kindo is well-positioned for growth with approximately $7 million in reported equity funding.
20. Allseated – $20.0M (Funding)
Overview: Allseated, based in San Francisco, is an event planning tech platform that facilitates immersive space visualization and collaboration within the hospitality industry. It was founded by Yaron Lipshitz in 2011.
Investors: The specifics of the investors in this round were not disclosed, but the company has raised a total of $43.4 million in total equity funding.
Total Funding: Allseated continues to transform event planning with a total equity funding of $43.4 million.
21. Mediafly – $80.0M (Funding)
Overview: Chicago-based Mediafly offers a revenue enablement platform for enterprise B2B teams. It was founded by Carson Conant in 2006.
Investors: Mediafly is backed by BIP Ventures and Boathouse Capital, but the specifics of the investors in this round were not disclosed. The company has raised a total of $136.8 million in total equity funding.
Total Funding: Mediafly empowers B2B teams with a total equity funding of $136.8 million.
22. Better Life Partners – $26.5M (Funding)
Overview: Better Life Partners, based in Hanover, provides medical and behavioral healthcare services to help people recover from addiction. It was founded by Adam Groff and Steven Kelly in 2018.
Investors: Better Life Partners is backed by .406 Ventures, aMoon Fund, and F-Prime Capital, but the specifics of the investors in this round were not disclosed. The company has raised a total of $38.3 million in total equity funding.
Total Funding: Better Life Partners is making a difference in addiction recovery with a total equity funding of $38.3 million.
23. Hyperproof – $40.0M (Funding)
Overview: Bellevue-based Hyperproof is a cloud-based compliance operations software that collects evidence automatically and manages a compliance program. It was founded by Craig Unger in 2018.
Investors: Hyperproof is backed by Riverwood Capital and Toba Capital, but the specifics of the investors in this round were not disclosed. The company has raised a total of $62.3 million in total equity funding.
Total Funding: Hyperproof simplifies compliance with a total equity funding of $62.3 million.
24. Apollo.io – $100.0M (Funding)
Overview: San Francisco-based Apollo.io is a market sales platform that helps accelerate the growth of an organization. It was founded by Ray Li, Roy Chung, and Tim Zheng in 2015.
Investors: Apollo.io is backed by Bain Capital Ventures, Nexus Venture Partners, Sequoia Capital, and Tribe Capital, but the specifics of the investors in this round were not disclosed. The company has raised a total of $251.3 million in total equity funding.
Total Funding: Apollo.io empowers organizations with a total equity funding of $251.3 million.
25. Realm – $9.7M (Funding)
Overview: New York-based Realm is a platform that provides data and property insights into current and potential home value. It was founded by Liz Young in 2019.
Investors: Realm is backed by Atreides Management, but the specifics of the investors in this round were not disclosed. The company has raised a total of $29.7 million in total equity funding.
Total Funding: Realm provides valuable property insights with a total equity funding of $29.7 million.
26. Sortera Technologies – $30.5M (Funding)
Overview: Fort Wayne-based Sortera Alloys manufactures low-cost, high-quality metal alloys for domestic manufacturing using its artificial intelligence technology. It was founded by Nalin Kumar in 2020.
Investors: Sortera Technologies is backed by Assembly Ventures, Breakthrough Energy Ventures, Chrysalix Venture Capital, Macquarie Group, Mineral Resources, RA Capital Management, and T. Rowe Price. The specifics of the investors in this round were not disclosed. The company has raised a total of $50.5 million in total equity funding.
Total Funding: Sortera Technologies revolutionizes metal alloy manufacturing with a total equity funding of $50.5 million.
27. Voxel – $12.0M (Funding)
Overview: San Francisco-based Voxel uses computer vision and AI to enable security cameras to automate risk management and reporting, enhancing safety and operations. It was founded by Alex Kaveh Senemar, Anurag Kanungo, Harishma Dayanidhi, and Troy Carlson in 2020.
Investors: Voxel is backed by Eclipse Ventures, MTech Capital, Rite-Hite, and World Innovation Lab (WiL), but the specifics of the investors in this round were not disclosed. The company has raised a total of $30.0 million in total equity funding.
Total Funding: Voxel enhances security with a total equity funding of $30.0 million.
28. Xerataus IQX – $25.0M (Funding)
Overview: Charlotte-based Xerataus IQX provides healthcare intelligence solutions. It was founded by Lucien Leighton in 2022.
Investors: Xerataus IQX is backed by IO Group, but the specifics of the investors in this round were not disclosed. The company has raised a total of $50.0 million in total equity funding.
Total Funding: Xerataus IQX advances healthcare intelligence with a total equity funding of $50.0 million.
29. ConverSight – $9.0M (Funding)
Overview: Indianapolis-based ConverSight is a platform that uncovers actionable business insights for enterprises through natural language conversation. It was founded by Ganesh Gandhieswaran and Gopinath Jaganmohan in 2017.
Investors: ConverSight is backed by Augment Ventures, Elevate Ventures, Surface Ventures, and Techstars, but the specifics of the investors in this round were not disclosed. The company has raised a total of $12.0 million in total equity funding.
Total Funding: ConverSight empowers enterprises with actionable insights and a total equity funding of $12.0 million.
30. Redwood Materials – $1.0B (Funding)
Overview: Carson City-based Redwood Materials is a battery recycling startup that makes electric vehicles and sustainable materials for circular supply chains. It was founded by JB Straubel in 2017.
Investors: Redwood Materials is backed by Capricorn Investment Group, Caterpillar, Deepwater Asset Management, Goldman Sachs Asset Management, Microsoft Climate Innovation Fund, OMERS Ventures, and T. Rowe Price. The specifics of the investors in this round were not disclosed. The company has raised a total of $1.8 billion in total equity funding.
Total Funding: Redwood Materials leads the way in sustainable battery recycling with a total equity funding of $1.8 billion.
31. Agave – $2.5M (Funding)
Overview: San Francisco-based Agave provides a unified API for data access across various construction software platforms. It was founded by John Zucchi, Pooria Azimi, Samantha Zhang, and Tom Reno in 2021.
Investors: Agave is backed by Accel and Mischief, but the specifics of the investors in this round were not disclosed. The company has raised a total of $3.0 million in total equity funding.
Total Funding: Agave streamlines data access for construction software with a total equity funding of $3.0 million.
32. Pirros – $2.0M (Funding)
Overview: Los Angeles-based Pirros is a detail management system for architects and engineers. It was founded by Ari Baranian and Peter Johann in 2022.
Investors: Pirros is backed by Carl Bass, FundersClub, Joseph Walla, Pioneer Fund, Ryan Sutton-Gee, TwentyTwo VC, and Y Combinator, but the specifics of the investors in this round were not disclosed. The company has raised a total of $2.1 million in total equity funding.
Total Funding: Pirros enhances detail management for architects and engineers with a total equity funding of $2.1 million.
33. Rent Butter – $3.0M (Funding)
Overview: Chicago-based Rent Butter provides a solution that combines bank transaction history and credit behavior analytics into a tenant performance report. It was founded by Christopher Rankin and Thomas Raleigh in 2023.
Investors: Rent Butter is backed by RET Ventures, but the specifics of the investors in this round were not disclosed. The company has raised a total of $3.0 million in total equity funding.
Total Funding: Rent Butter simplifies tenant performance reporting with a total equity funding of $3.0 million.
34. PatchRx – $8.0M (Funding)
Overview: Tulsa-based PatchRx is a remote therapeutic management platform that boosts adherence and helps patients take medication on time. It was founded by Andrew Aertker and Gavin Buchanan in 2020.
Investors: PatchRx is backed by Atento Capital, Cortado Ventures, Forum Ventures, Plains Ventures, and Vast Ventures, but the specifics of the investors in this round were not disclosed. The company has raised a total of $9.6 million in total equity funding.
Total Funding: PatchRx enhances medication adherence with a total equity funding of $9.6 million.
35. CH4 Global – $29.0M (Funding)
Overview: Henderson-based CH4 Global’s mission is to use sustainable aquaculture to impact climate change at scale. It was founded by Nick Gerritsen and Steve Meller in 2018.
Investors: CH4 Global is backed by Cleveland Avenue, DCVC, and DCVC Bio, but the specifics of the investors in this round were not disclosed. The company has raised a total of $45.0 million in total equity funding.
Total Funding: CH4 Global advances sustainable aquaculture with a total equity funding of $45.0 million.
36. Otto – $43.0M (Funding)
Overview: Austin-based Otto provides an integrated mobile app extension to existing veterinarian practice management systems. It was founded by Price Fallin and Steven Carter in 2015.
Investors: Otto is backed by Boehringer Ingelheim, Hill’s Pet Nutrition, and Mercury, but the specifics of the investors in this round were not disclosed. The company has raised a total of $50.0 million in total equity funding.
Total Funding: Otto enhances veterinarian practice management with a total equity funding of $50.0 million.
37. Peregrine Energy – $700.0M (Funding)
Overview: Boulder-based Peregrine Energy is a manufacturing company that specializes in the acquisition, development, and operations of renewable assets. It was founded by Hagen Lee in 2022.
Investors: Peregrine Energy is backed by CarVal Investors, but the specifics of the investors in this round were not disclosed. The company has raised a total of $700.0 million in total equity funding.
Total Funding: Peregrine Energy drives renewable energy with a total equity funding of $700.0 million.
These companies span a wide range of industries, from technology to healthcare, and their successful funding rounds reflect both investor confidence and the potential for innovation in their respective fields. As they continue to develop their products and services, their contributions to their industries are worth watching.
