The Weekly Notable Startup Funding Report takes us on a trip across various ecosystems in the US, highlighting some of the notable funding activity in the various markets that we track. The notable startup funding rounds for the week ending 4/26/25 featuring funding details for Salsa, Flow, AuthMind, and nineteen other deals representing $1.2B in new funding that you need to know about.
Northwood Space – $30.0M
Allston-based Northwood Space is a hardware solution that expands the orbits and frequency ranges available from the ground for satellite communication. Founded by Bridgit Mendler, Griffin Cleverly, and Shaurya Luthra in 2023, Northwood Space has now raised a total of $36.3M in total equity funding and is backed by Aabid Razvi, Adrian Aoun, Alpine Space Ventures, Also Capital, Andreessen Horowitz, Balerion Space Ventures, Banter Capital, BoxGroup, Evan Loomis, Founders Fund, Humba Ventures, Long Journey Ventures, and StepStone Group.
Reco – $25.0M
Altamonte Springs-based Reco is a dynamic SaaS security company that provides a security platform to help organizations monitor and secure their cloud applications. Founded by Gal Nakash, Ofer Klein, and Tal Shapira in 2020, Reco has now raised a total of $55.0M in total equity funding and is backed by Angular Ventures, boldstart ventures, Insight Partners, Redseed, and Zeev Ventures.
Steadily – $30.0M
Beaverton-based Steadily provides property and liability insurance for rental property owners and investors. Founded by Darren Nix, Datha Santomieri, and David Tulig in 2020, Steadily has now raised a total of $84.9M in total equity funding and is backed by Belfer Management LLC, Clocktower Technology Ventures, Matrix Partners, Nine Four Ventures, Two Sigma Ventures, and Zigg Capital.
AuthMind – $19.3M
Bethesda-based AuthMind is a risk intelligence platform designed to detect, protect, and prevent identity and access risks. Founded by Ankur Panchbudhe and Shlomi Yanai in 2020, AuthMind has now raised a total of $27.8M in total equity funding and is backed by Ballistic Ventures, Black Opal Ventures, Blu Venture Investors, Cheyenne Ventures, IBM, K2 Access Fund, Silver Buckshot, and The Jeffries Family Office.
ALT Sports Data – $5.0M
Carlsbad-based ALT Sports Data provides sports betting market modeling and real-time trading data. Founded by Joe Dunnigan, Michael Jordan, and Todd Ballard in 2021, ALT Sports Data has now raised a total of $9.5M in total equity funding and is backed by Eberg Capital, Motley Fool Ventures, Relay Ventures, and Scrum Ventures.
Ocient – $42.1M
Chicago-based Ocient is a hyper-scale data analytics company that allows organizations to unlock value by analyzing petabyte to exabyte scale data sets. Founded by Chris Gladwin, George Kondiles, and Joe Jablonski in 2016, Ocient has now raised a total of $156.5M in total equity funding and is backed by Allstate Strategic Ventures, Blue Bear Capital, Massive, Northwestern Mutual Future Ventures, Solidigm, and Zelkova Ventures.
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Altruist – $152.0M
Culver City-based Altruist is a modern custodian that offers a digital investment platform for financial advisors to manage their clients’ investments. Founded by Jason Wenk in 2018, Altruist has now raised a total of $601.5M in total equity funding and is backed by Baillie Gifford, Carson Family Office, Geodesic Capital, GIC, ICONIQ Growth, and Salesforce Ventures.
Canopy – $70.0M
Draper-based Canopy offers a cloud-based Practice Management solution for Accounting professionals. Founded by Doug McLean and Kurt Avarell in 2014, Canopy has now raised a total of $253.0M in total equity funding and is backed by Ankona Capital Partners, Pelion Venture Partners, Ten Coves Capital, Tenaya Capital, and Viking Global Investors.
UbiQD – $20.0M
Los Alamos-based UbiQD is an advanced materials company that manufactures low-hazard quantum dots (QDs) and nanocomposites. Founded by Hunter McDaniel in 2014, UbiQD has now raised a total of $36.7M in total equity funding and is backed by Azura, Builders VC, Builders Vision, New Mexico Vintage Fund, Phoenix Venture Partners, Scout Ventures, Seraph Partnership Solutions, and Stout Street Capital.
Superpower – $30.0M
Los Angeles-based Superpower offers a digital health platform that integrates comprehensive diagnostics, personalized care plans, and health tracking tools. Founded by Jacob Peters, Kevin Unkrich, and Max Marchione in 2022, Superpower has now raised a total of $34.0M in total equity funding and is backed by Day One Ventures, Family Fund, Forerunner, Giannis Antetokounmpo, Logan Paul, Long Journey Ventures, Opal Ventures, Steve Aoki, Susa Ventures, Valia Ventures, Vanessa Hudgens, Visible Ventures, and Winklevoss Capital.
Flow – $100.0M
Miami-based Flow is a residential real estate firm that provides lifestyle, financial, and other services. Founded by Adam Neumann in 2022, Flow has now raised a total of $450.0M in total equity funding and is backed by Andreessen Horowitz.
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Dataminr – $100.0M
New York-based Dataminr is a real-time AI platform that detects early signs of high-impact events and emerging risks. Founded by Jeffrey Kinsey, Sam Hendel, and Theodore Bailey in 2009, Dataminr has now raised a total of $1.1B in total equity funding and is backed by Fortress Investment Group.
Healthee – $30.0M
New York-based Healthee is an AI-driven benefits administration technology that provides customized responses to employee health benefits questions. Founded by Ben Goldenberg, Ben Nagar, Elad Ofir, and Guy Benjamin in 2018, Healthee has now raised a total of $89.5M in total equity funding and is backed by Fin Capital, Glilot Capital Partners, Group 11, Key 1 Capital, and TriNet.
ROH – $9.2M
New York-based ROH is a payments and sales management platform designed to streamline sales and financial operations within the hospitality industry. Founded by Jess Levin Conroy in 2023, ROH has now raised a total of $29.1M in total equity funding and is backed by Acrew Capital and Highgate Ventures.
Deep Infra – $18.0M
Palo Alto-based DeepInfra is a cloud-based AI inference platform that designed to simplify the deployment of AI models for various applications. Founded by Georgios Papoutsis, Nikola Borisov, and Yessen Kanapin in 2022, Deep Infra has now raised a total of $46.6M in total equity funding and is backed by Brian Pokorny, Felicis, Georges Harik, and Guillermo Rauch.
Endor Labs – $93.0M
Palo Alto-based Endor Labs secures software supply chains with advanced tools for open-source risk, compliance, and developer productivity. Founded by Dimitri Stiliadis and Varun Badhwar in 2022, Endor Labs has now raised a total of $188.0M in total equity funding and is backed by Citi Ventures, Coatue, Dell Technologies Capital, DFJ Growth, Lightspeed Venture Partners, S32, and Salesforce Ventures.
Manychat – $140.0M
Palo Alto-based ManyChat is a chat marketing platform that helps businesses automate conversations and engage with customers across messaging channels. Founded by Mikael Yang in 2015, Manychat has now raised a total of $163.1M in total equity funding and is backed by Summit Partners.
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SquareX – $20.0M
Palo Alto-based SquareX is a Browser Detection and Response (BDR) solution that detects, mitigates, and threat-hunt client-side web attacks in real time. Founded by Vivek Ramachandran in 2023, SquareX has now raised a total of $26.0M in total equity funding and is backed by Peak XV Partners and SYN Ventures.
Biolinq – $100.0M
San Diego-based Biolinq develops a wearable biosensor platform that is capable of measuring blood level information. Founded by Jared Tangney, Joshua Windmiller, and Stewart Roberts in 2012, Biolinq has now raised a total of $272.8M in total equity funding and is backed by Alpha Wave Ventures, Aphelion Capital, AXA Alternative Investments, Features Capital, Hikma Ventures, LifeSci Venture Partners, M Ventures, RiverVest, and Taisho Pharmaceutical Holdings.
Salsa – $20.0M
San Francisco-based Salsa offers a payroll infrastructure platform that allows businesses to lauch embedded payroll products quickly and efficiently. Founded by John Kramer and Juan Barroso in 2021, Salsa has now raised a total of $30.0M in total equity funding and is backed by Altos Ventures, Better Tomorrow Ventures, Definition, Greycroft, and SemperVirens Venture Capital.
Windfall – $65.0M
San Francisco-based Windfall is a people intelligence platform that provides AI workflow solutions to identify their audiences through automation. Founded by Arup Banerjee, Cory Tucker, and Dan Stevens in 2016, Windfall has now raised a total of $95.0M in total equity funding and is backed by Morgan Stanley Expansion Capital.
Omnidian – $87.0M
Seattle-based Omnidian is a provider of comprehensive protection plans for investments in residential and commercial solar energy systems. Founded by Brad Davis, David Kenny, Mark Liffmann, and Ray Szylko in 2015, Omnidian has now raised a total of $165.7M in total equity funding and is backed by Activate Capital Partners, Alumni Ventures, B Capital, BNP Paribas Solar Impulse Venture fund, Citi Impact Fund, Liberty Mutual Investments, Marunouchi Innovation Partners, National Grid Partners (NGP), and WIND Ventures.
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