Latest Rounds of Tech Funding July 2023: 49 Companies
In the month of July 2023, the tech industry witnessed a flurry of funding activity with startups across various sectors securing substantial investments.
The total amount of money raised in new funding for all of July reached the range of $3-4 billion. The list contains 49 companies, from space logistics to AI-powered data visualization platforms, that received investments from prominent venture capitalists and institutional investors.
Here is a list of the companies that successfully raised funds during the month:
(Data provided by Crunchbase)
49 Tech Companies That Received Funding in July 2023:
- Futureverse – $54M Futureverse is a technological and cultural foundation for the open metaverse, working to help developers create open, scalable and interoperable apps, games and experiences. This Series A funding will help scale their metaverse infrastructure and introduce AI to the metaverse; round like by 10T Holdings including participation from Ripple. “Metaverse pioneer Aaron McDonald, tech and entertainment investor/operator Shara Senderoff and seasoned technology and information security expert Marco Brondani co-founded Futureverse along with business operator Dan Gillespie.”
- Komi – $12M Komi is building a home on the internet for the world’s top talent, allowing content creator and celebrities to create digital store where then can access marketing tools, leveraging a one-page checkout feature and more. Series A round from investors including RTP, Third Prime, Antler and E& Capital to expand its product suite and its U.S. -based team.
- Impulse Space – $45M Impulse Space, a space logistics services company, raised $45M in Series A funding from notable investors like Founders Fund, Lux Capital, Airbus Ventures, Space Capital, and RTX Ventures. The company focuses on in-space transportation and has already raised a total of $75M in reported equity funding since its founding in 2021.
- N4XT Experiences – $3.9M N4XT Experiences, a live events platform for fashion, beauty, gaming, and entertainment, raised $3.9M in funding according to a recent SEC filing. The company, founded in 2022 by Ciarra Pardo, Imad Izemrane, Jackie Trebilcock, Keith Abell, and Marcus Ticotin, aims to create immersive experiences for its users.
- VERSES – $871K VERSES, a spatial intelligence management platform, secured $871K in funding from eight investors. The company, founded in 2017 by Capm Petersen, Dan Mapes, Gabriel Rene, and Steven Swanson, has raised a total of $12.8M in reported equity funding.
- Skims – $270M Skims, the inclusive D2C underwear, loungewear, and shapewear brand, raised an impressive $270M in venture funding led by Wellington Management. Founded in 2019 by Emma Grede, Jens Grede, and Kim Kardashian, Skims has now raised a total of $669M in reported equity funding.
- Karat Financial – $40M Karat Financial, a finance and credit card platform for creators and influencers, secured $40M in Series B funding led by SignalFire. Founded in 2019 by Eric Wei and Will Kim, the company has raised a total of $70.6M in reported equity funding.
- Virtualitics – $37.1M Virtualitics, an AI-powered data visualization platform, raised $37.1M in funding, as indicated by a recent SEC filing. The total offering for this close was $42.4M, with support from twenty-six investors. Founded in 2015 by Ciro Donalek, George Djorgovski, Michael Amori, and Scott Davidoff, Virtualitics has raised a total of $67.6M in reported equity funding.
- Collectly – $29M Collectly, a revenue management platform for healthcare institutions, secured $29M in Series A funding led by Sapphire Ventures. Founded in 2017 by Levon Brutyan and Maxim Mizotin, Collectly has raised a total of $33.9M in reported equity funding.
- Arrive Recommerce – $16M Arrive Recommerce, a platform that facilitates reselling returned items for brands and retailers, raised $16M in Series A funding led by Javelin Venture Partners and Climactic VC. Founded in 2017 by Rachelle Snyder and Ross Richmond, the company has raised a total of $24.8M in reported equity funding.
- Salted – $14M Salted, a platform for developing quick-service restaurant brands, secured $14M in funding according to a recent SEC filing. The total offering for this close was $16.8M, and there were ten investors involved. Founded in 2014 by Jeff Appelbaum, Salted has raised a total of $24.9M in reported equity funding.
- E.N. Foods – $7.5M Z.E.N. Foods, a meal delivery service for those on a diet, raised $7.5M in funding from a sole investor, as indicated by a recent SEC filing. Founded by Kane Picoy and Mariana Rossano in 2010, the company continues to innovate its meal offerings.
- Figure – $9.0M Figure Robotics, an AI robotics company that builds a multi-purpose humanoid form robot, raised $9.0M. Founded by Brett Adcock in 2022, Figure has now raised a total of $79.0M in total equity funding.
- Bowery Valuation – $16.3M Bowery Valuation, a New York-based company, received $16.3M in funding for its cloud-based appraisal software and mobile app. The company, founded by Cesar Devers, John Meadows, and Noah Isaacs in 2015, has raised a total of $78.1M in total equity funding.
- Bureau – $4.5M San Francisco-based Bureau, a trust network facilitating end-to-end identity verification, compliance, and fraud prevention, raised $4.5M. Founded by Ranjan R Reddy in 2020, the company has raised a total of $20.7M in total equity funding.
- K Health – $59.0M K Health, a New York-based data-driven digital primary care system using AI, secured $59.0M in funding. The company, founded by Adam Singolda, Allon Bloch, Israel Roth, and Ran Shaul in 2016, has raised a total of $330.3M in total equity funding.
- Leap – $12.0M Leap, based in San Francisco, is a marketplace for Distributed Energy Resources. Founded by Remco van den Elzen and Thomas Folker in 2017, Leap raised $12.0M in funding, bringing its total equity funding to $56.1M.
- PingSafe – $3.3M San Francisco-based PingSafe, a cloud security platform, raised $3.3M in total equity funding. Founded by Anand Prakash and Nishant Mittal in 2021, the company is dedicated to providing protection against vulnerabilities that traditional security solutions may miss.
- Preply – $42.0M Brookline-based Preply, an online tutoring platform, raised $42.0M in funding. Founded by Dmytro Voloshyn, Kirill Bigai, and Serge Lukianov in 2012, Preply aims to help students achieve their learning goals and prepare them to speak confidently.
- Runway Financial – $27.5M San Francisco-based Runway, a SaaS company offering a planning platform for businesses to create, manage, and share financial models and plans, secured $27.5M in funding. Founded by Arya Asemanfar and Siqi Chen in 2020, the company has raised a total of $37.0M in total equity funding.
- SiPhox Health – $17.0M Burlington-based SiPhox is building next-generation diagnostics infrastructure for home and central labs, raising $17.0M in funding. Founded by Diedrik Vermeulen and Michael Dubrovsky in 2020, SiPhox Health has now raised a total of $32.8M in total equity funding.
- Snapsheet – $5.0M Chicago-based Snapsheet, a provider of virtual appraisal technology and claims management software solutions in the insurance industry, raised $5.0M. Founded by Brad Weisberg in 2011, Snapsheet has now raised a total of $105.4M in total equity funding.
- Whop – $17.0M Brooklyn-based Whop is building a platform to service the internet economy, securing $17.0M in funding. Founded by Cameron Zoub, Jack Sharkey, and Steven Schwartz in 2021, Whop has raised a total of $18.0M in total equity funding.
- Terabase Energy – $25.0M Berkeley-based Terabase Energy, a web-based tool that digitalizes solar power plants to reduce costs and deployment timelines, raised $25.0M in funding. Founded by Amine Berrada, Chris Baker, Dan Cohen, Matt Campbell, and Pierre Gousseland in 2019, Terabase Energy has raised a total of $75.0M in total equity funding.
- Torch Dental – $28.0M New York-based Torch Dental offers an all-in-one solution to simplify dental supply ordering and inventory management, securing $28.0M in funding. Founded by Drew Werner, Khaled Boukadoum, and Yassine Boukadoum in 2017, Torch Dental has now raised a total of $60.0M in total equity funding.
- Steadily – $28.5M Austin-based Steadily offers landlord insurance to rental property owners, raising $28.5M. Founded by Darren Nix, Datha Santomieri, and David Tulig in 2020, Steadily has now raised a total of $54.9M in total equity funding and is backed by Clocktower Technology Ventures, Koch Ventures, Matrix Partners, Nine Four Ventures, and Zigg Capital.
- Ten Thousand – $21.5M New York-based Ten Thousand provides innovative training essentials built on simplicity and focus, raising $21.5M. Founded by Eugenio Labadie and Keith Nowak in 2016, Ten Thousand has now raised a total of $24.5M in total equity funding and is backed by Alfa, Blue Scorpion Investments, Dave Gilboa, Elizabeth Street Ventures, Fernbrook Capital Management LLC, and Provenance.
- Gooten – $11.0M New York-based Gooten is an automated fulfillment and store operations solution for online stores, raising $11.0M. Founded by Brian Rainey in 2012, Gooten has now raised a total of $35.5M in total equity funding and is backed by INX International Ink, KEC Ventures, and Tech Pioneers Fund.
- WasteFuel – $16.0M Los Angeles-based WasteFuel focuses on turning waste into renewable fuels, including green bio-methanol for shipping, raising $16.0M. Founded by Alejandro Estrada and Trevor Neilson in 2018, WasteFuel has now raised a total of $28.7M in total equity funding and is backed by Aileen Getty, BP Ventures, Guy Oseary, i(x) Net Zero, Maersk Growth, NetJets, Prime Infrastructure Capital, and Time Ventures.
- Augmedics – $82.5M Arlington Heights-based Augmedics, a provider of augmented reality (AR) surgical image guidance solutions, raised a whopping $82.5M. Founded by Nessi Benishti and Nissan Elimelech in 2014, Augmedics has now raised a total of $143.6M in total equity funding and is backed by Almeda Ventures, CPMG, Evidity Health Capital, H.I.G. Capital, and Revival Healthcare Capital.
- Betr – $35.0M Miami-based Betr, a direct-to-consumer micro-betting app for sports betting, raised $35.0M. Founded by Jake Paul and Joey Levy in 2022, Betr has now raised a total of $85.0M in total equity funding and is backed by Aliya Capital Partners, Anti Fund, Eberg Capital, FinSight Ventures, Florida Funders, Fuel Venture Capital, IA Ventures, and Joey Levy.
- Blueprint – $9.0M Chicago-based Blueprint aids mental health clinicians in providing personalized results through measurement-based care, raising $9.0M. Founded by Abtin Buergari and Daniel Freed in 2019, Blueprint has now raised a total of $13.7M in total equity funding and is backed by Bonfire Ventures, Data Tech Fund, Ensemble VC, LeverageVC, Lightbank, Revolution’s Rise of the Rest Seed Fund, and Tau Ventures.
- Calypso AI – $23.0M San Francisco-based Calypso AI provides a platform that allows organizations to accelerate their use of AI technologies, raising $23.0M. Founded by Davey Gibian, Neil Serebryany, and Victor Ardulov in 2018, Calypso AI has now raised a total of $38.2M in total equity funding and is backed by Anne Wojcicki, Auren Hoffman, Expeditions Fund, Hakluyt Capital, Lockheed Martin Ventures, Paladin Capital Group, and Susan Wojcicki.
- Celestial AI – $100.0M Santa Clara-based Celestial AI is a Machine Learning (ML) accelerator company that develops data center and edge AI computing solutions, raising a staggering $100.0M. Founded by David Lazovsky, Michelle Tomasko, and Preet Virk in 2020, Celestial AI has now raised a total of $163.9M in total equity funding and is backed by IAG Capital Partners, imec.xpand, Koch Disruptive Technologies, M Ventures, Porsche Automobil Holding, Samsung Catalyst Fund, Smart Global Holdings, The Engine, Tyche Partners, and Xora Innovation.
- Cyera – $100.0M San Mateo-based Cyera is an AI-powered data security platform that gives enterprises deep context on their data to assure cyber-resilience and compliance, raising a massive $100.0M. Founded by Tamar Bar-Ilan and Yotam Segev in 2020, Cyera has now raised a total of $164.5M in total equity funding and is backed by Accel, Cyberstarts, Redpoint, and Sequoia Capital.
- Cyware – $30.0M Jersey City-based Cyware provides cyber fusion solutions to help businesses detect and stop cyberattacks, raising $30.0M. Founded by Akshat Jain and Anuj Goel in 2016, Cyware has now raised a total of $73.0M in total equity funding and is backed by Advent International, Emerald Development Managers, Great Road Holdings, Prelude Fund, Ten Eleven Ventures, and Zscaler.
- Federato – $25.0M Palo Alto-based Federato develops a RiskOps platform that uses AI and machine learning to process massive amounts of data for insurance companies, raising $25.0M. Founded by William Ross and William Steenbergen in 2020, Federato has now raised a total of $40.0M in total equity funding and is backed by Caffeinated Capital, Emergence Capital, and Pear VC.
- io – $70.0M Chicago-based Fly.io offers an Application Delivery Network (ADN) intended to help website owners get connected with their customers, raising $70.0M. Founded by Jerome Gravel-Niquet, Kurt Mackey, and Michael Dwan in 2017, Fly.io has now raised a total of $110.5M in total equity funding and is backed by Andreessen Horowitz, Dell Technologies Capital, EQT Ventures, and Intel Capital.
- Gradient – $9.0M San Francisco-based Gradient is on a mission to cool the world by transforming every home to be more comfortable and healthy, raising $9.0M. Founded by Kipp Bradford, Saul Griffith, and Vincent Romanin in 2017, Gradient has now raised a total of $33.0M in total equity funding and is backed by Climate Investment.
- Inflection AI – $1.3B Palo Alto-based Inflection AI is an artificial intelligence startup that develops personal AI chatbots, securing an astounding $1.3B. Founded by Carlos Virella, Karen Simonyan, Mustafa Suleyman, and Reid Hoffman in 2022, Inflection AI has now raised a total of $1.5B in total equity funding and is backed by Bill Gates, CoreWeave, Eric Schmidt, Microsoft, NVIDIA, and Reid Hoffman.
- JuliaHub – $13.0M Cambridge-based JuliaHub is a single platform for modeling, simulation, and user-built applications, raising $13.0M. Founded by Alan Edelman, Deepak Vinchhi, Jeff Bezanson, Keno Fischer, Stefan Karpinski, and Viral Shah in 2015, JuliaHub has now raised a total of $42.6M in total equity funding and is backed by AEI Horizon X.
- Luminopia – $16.0M Cambridge-based Luminopia develops a new class of treatments for significant neuro-visual disorders, raising $16.0M. Founded by Alex Wendland, Dean Travers, Raphael Rouvinov, and Scott Xiao in 2015, Luminopia has now raised a total of $33.2M in total equity funding and is backed by Broadfin Advisors, Shangbay Capital, The Vertical Group, and U.S. Venture Partners.
- Parabola – $24.0M San Francisco-based Parabola offers a drag-and-drop workflow tool that allows users to collaborate, automate, and streamline complex processes, raising $24.0M. Founded by Alex Yaseen and Michael Lang in 2017, Parabola has now raised a total of $34.2M in total equity funding and is backed by Abstract Ventures, AJ Frank, Cristina Cordova, Flexport Ventures, Good Friends, Immad Akhund, J Zac Stein, Jack Altman, Jeffrey Raider, Jon Vaughan, Kyle Parrish, Matrix Partners, Matthew Hertz, Melissa Tan, Merus Capital, OpenView, Otherwise Fund, Praveer Melwani, Sarah Scharf, Thrive Capital, Toby Espinosa, Twum Djin, Vlad Magdalin, and Zack Kanter.
- Realtime Robotics – $9.5M Boston-based Realtime Robotics develops a platform for robots to function seamlessly across deployments with minimal programming, raising $9.5M. Founded by Dan Sorin, George Konidaris, Peter Howard, Sean Murray, and Will Floyd-Jones in 2016, Realtime Robotics has now raised a total of $71.0M in total equity funding and is backed by Kyobo Life Insurance and Shinhan GIB.
- Redpanda Data – $100.0M San Francisco-based Redpanda Data offers a Kafka-API-compatible streaming platform that unifies historical and real-time data, raising a remarkable $100.0M. Founded by Alexander Gallego in 2019, Redpanda Data has now raised a total of $165.5
- Typeface – $100.0M San Francisco-based Typeface offers a generative AI application that provides streamlined and personalized content creation for enterprises, raising $100.0M. Founded by Abhay Parasnis in 2022, Typeface has now raised a total of $165.0M in total equity funding and is backed by Google Ventures, Lightspeed Venture Partners, M12 – Microsoft’s Venture Fund, Madrona, Menlo Ventures, and Salesforce Ventures.
- B GARAGE – $20.0M San Jose-based B GARAGE is an autonomous drone and service company for warehouse inventory management, raising $20.0M. Founded by Aiden Kim in 2017, B GARAGE has now raised a total of $30.2M in total equity funding and is backed by Ignite Innovation Fund, Krossroad Partners, LB Investment, and Softbank Ventures Asia.
- Evommune – $7.5M Palo Alto-based Evommune is a biotechnology company that develops therapeutics that halt progressive disease and address their symptoms, raising $7.5M. Founded by Hans Hofland and Luis Pena in 2020, Evommune has now raised a total of $153.0M in total equity funding and is backed by Verition Fund Management.
- build – $5.5M San Francisco-based Clearstory is the only Change Order Communication tool designed to reduce risk for all commercial construction stakeholders, raising $5.5M. Founded by Brett Umberg and Cameron Page in 2018, Clearstory.build has now raised a total of $17.8M in total equity funding and is backed by Building Ventures, Cloud Apps Capital Partners, GS Futures, and Jackson Square Ventures.
These companies have collectively raised a significant amount of funding in July 2023, with some securing substantial amounts to fuel their growth and innovation. The diversity of industries and technologies represented in this list demonstrates the ongoing interest and investment in various sectors, from AI and robotics to fintech, biotechnology, and renewable energy. As the global startup and investment ecosystem continues to evolve, these companies are well-positioned to make a lasting impact in their respective fields.