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May 2022

RelationalAI Closes Series B

RelationalAI, a startup that wants to change the way data-driven applications are built by combining a database system with a knowledge graph, announced that it has raised a $75 million Series B funding round led by Tiger Global. Previous investors Madrona Venture Group, which led...

Deepset Raises $14 Million

Natural language processing (NLP), the field of AI that involves parsing text for tasks including summarization and generation, is a fast-growing technology. Deepset, the startup behind the open source NLP framework Haystack, announced that it has raised $14 million in a Series A investment led...

OwnID Raises $6 Million

The founders of OwnID, Dor Shany and Rooly Eliezerov, previously founded Gigya, a startup that wanted to make it easier to help identify customers. They sold that startup to SAP for $350 million in 2017, but the idea of making it easy to log into...

Copper Raises $29 Million

Copper, a digital banking service aimed at teens, has raised $29 million in Series A funding in a “preemptive” round led by Fiat Ventures. The investment comes just over seven months after the startup revealed it had raised $9 million in a seed round, and...

Filevine Closes Series D

Filevine, a startup offering a software-as-a-service product for legal case management,  announced that it closed a $108 million series D round led by StepStone Group with participation from Golub Capital and existing investors Signal Peak Ventures and Meritech Capital. The large tranche is a sign...

Docyt Raises $11.5 Million

Docyt, a startup that offers an AI-powered accounting automation platform for small and medium-sized businesses (SMBs), announced that it has raised an $11.5 million Series A funding round led by Lobby Capital, with participation from First Rays Venture Partners, which led the company’s 2021 $1.5...

Real Raises $37 Million

Real, a mental health app, has raised a $37 million oversubscribed Series B. The round was led by Owl Ventures, with participation from former Cityblock CEO Iyah Romm and chief health officer Dr. Sylvia Romm. Returning investors include Lightspeed Venture Partners, Female Founders Fund, Forerunner...

Amplemarket Closes Series A

A relative newcomer vying for a slice of the sales market is Amplemarket, based in San Francisco and Portugal, which announced that it has raised $12 million in back-to-back seed and Series A funding rounds. Amplemarket was launched in 2019 by MIT alumnus João Batalha...

ShopThing Raises on Series A Round

ShopThing, a live shopping marketplace focused on luxury brands, has raised $10 million in Series A funding led by Origin Ventures, with participation from Pritzker Group and Interplay. The Toronto-based company aims to redesign the way people shop and sell through live video commerce via...