The Weekly Notable Startup Funding Report: 10/6/25 – AlleyWatch

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 10/4/25 featuring funding details for Alvys, Eve, Descope, and fourteen other deals representing $2.3B in new funding that you need to know about.

Audioshake – $14.0M

San Francisco-based Audioshake separates audio into individual stems for mixing, analysis, and transcription. Founded by Jessica Powell and Luke Miner in 2020, Audioshake has now raised a total of $18.7M in total equity funding and is backed by Background Capital, Bradley Horowitz, Charlie Songhurst, Indicator Ventures, Origin Ventures, Precursor Ventures, Shine Capital, and Thomson Reuters Ventures.

Cerebras Systems – $1.1B

Sunnyvale-based Cerebras Systems is an AI computing system company that provides deep learning applications, super computing, and cloud services. Founded by Andrew Feldman, Gary Lauterbach, Jean-Philippe Fricker, Michael James, and Sean Lie in 2016, Cerebras Systems has now raised a total of $1.8B in total equity funding and is backed by 1789 Capital, Alpha Wave Ventures, Altimeter Capital, Atreides Management, Benchmark, Fidelity, Tiger Global Management, and Valor Equity Partners.

Anything – $11.0M

San Francisco-based Anything is an AI app builder that offers a platform that converts prompts into fully functional mobile and web applications. Founded by Dhruv Amin and Marcus Lowe in 2021, Anything has now raised a total of $19.5M in total equity funding and is backed by Bessemer Venture Partners, Footwork, M13, and Uncork Capital.

CyberCube – $180.0M

San Francisco-based CyberCube provides cyber risk analytics and modeling solutions designed for the insurance industry. Founded by Ashwin Kashyap in 2015, CyberCube has now raised a total of $285.0M in total equity funding and is backed by Forgepoint Capital, Hudson Structured Capital Management, MTech Capital, and Spectrum Equity.

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Descope – $35.0M

Los Altos-based Descope enables any developer to create secure, frictionless authentication and user journeys for any application. Founded by Aviad Lichtenstadt, Dan Sarel, Doron Sharon, Gilad Shriki, Guy Rinat, Meir Wahnon, Rishi Bhargava, and Slavik Markovich in 2022, Descope has now raised a total of $88.0M in total equity funding and is backed by Cerca Partners, Dell Technologies Capital, Lightspeed Venture Partners, Notable Capital, Triventures, and Unusual Ventures.

Price.com – $12.0M

San Francisco-based Price.com develops a money savings platform used for comparison shopping, cashback, coupons, price history, and price alerts. Founded by RJ JAIN in 2016, Price.com has now raised a total of $26.0M in total equity funding and is backed by Larry O’Connor, Lu√≠s Neto, Ricky Caplin, Tim Tebow, TRAC.vc, and Waterbridge Capital.

PostHog – $75.0M

San Francisco-based PostHog is an open source platform that helps build successful products by providing tools to evaluate feature impact and customer value. Founded by James Hawkins and Tim Glaser in 2020, PostHog has now raised a total of $182.2M in total equity funding and is backed by Peak XV Partners.

Vibe – $50.0M

Chicago-based Vibe is a streaming TV advertising company for small and medium-sized businesses. Founded by Arthur Querou and Franck Tetzlaff in 2021, Vibe has now raised a total of $78.9M in total equity funding and is backed by Carolyn Everson, Elaia, Hedosophia, Illusian Founder Office, QuantumLight, and Singular.

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Folia Health – $10.5M

Cambridge-based Folia Health is a platform that captures and shares secure health and symptom data for users. Founded by Dan Toffling and Nell Meosky Luo in 2016, Folia Health has now raised a total of $16.5M in total equity funding and is backed by Create Health Ventures, Crosslink Capital, and S3 Ventures.

Alvys – $40.0M

Solana Beach-based Alvys provides a cloud-based transportation management system (TMS) designed for trucking and logistics companies. Founded by Leo Gorodinski and Nick Darman in 2020, Alvys has now raised a total of $72.1M in total equity funding and is backed by Alpha Square Group, Bonfire Ventures, FJ Labs, Picus Capital, RTP Global, and Titanium Ventures.

Periodic Labs – $300.0M

San Francisco-based Periodic Labs develops artificial intelligence systems that simulate and predict the properties of materials using machine learning. Founded by Ekin Dogus Cubuk and William Fedus in 2025, Periodic Labs has now raised a total of $300.0M in total equity funding and is backed by Accel, Andreessen Horowitz, Bain Capital Ventures, Coatue, CRV, DST Global, Elad Gil, Emerson Collective, Eric Schmidt, Felicis, Hanabi Capital, Jeff Bezos, Jeff Dean, Khosla Ventures, Lightspeed Venture Partners, Modern Capital, NVIDIA, Radical Ventures, and SV Angel.

Vercel – $300.0M

Covina-based Vercel is a developer platform that provides cloud infrastructure services for the web. Founded by Guillermo Rauch in 2015, Vercel has now raised a total of $863.0M in total equity funding and is backed by Accel, Adams Street Partners, BlackRock, General Catalyst, GIC, GV, Khosla Ventures, Notable Capital, Salesforce Ventures, Schroders, StepStone Group, and Tiger Global Management.

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Eve – $103.0M

San Francisco-based Eve is a legal tech platform designed to assist plaintiff law firms at every phase of a legal case. Founded by David Zeng, Jay Madheswaran, and Matt Noe in 2020, Eve has now raised a total of $164.0M in total equity funding and is backed by Andreessen Horowitz, Lightspeed Venture Partners, Menlo Ventures, and Spark Capital.

Summation – $21.0M

Bellevue-based Summation delivers an AI platform that helps enterprise teams to generate insights, automate workflows, and surface strategic opportunities. Founded by Ian Wong and Ramachandran Ramarathinam in 2024, Summation has now raised a total of $33.4M in total equity funding and is backed by Benchmark and Kleiner Perkins.

Scorability – $40.0M

Austin-based Scorability is a developer of a sports platform that matches athletes with college athletics programs. Founded by Brett Andrew and Brian Cruver in 2023, Scorability has now raised a total of $51.0M in total equity funding and is backed by Bluestone Equity Partners, Brian Cruver, Fanatics, Luther King Capital Management, Next Coast Ventures, and Silverton Partners.

Koda Health – $7.0M

Houston-based Koda Health offers digital healthcare solutions and services that focuses on advance care planning and kidney care. Founded by Desh Mohan, Katelin Cherry, and Tatiana Fofanova in 2020, Koda Health has now raised a total of $14.2M in total equity funding and is backed by Evidenced, Mudita Venture Partners, Techstars, and Texas Medical Center.

Midi Health – $50.0M

Los Angeles-based Midi Health provides virtual care for women in midlife, offering clinician support for menopause, hormonal health, and related conditions. Founded by Joanna Strober and Sharon Meers in 2021, Midi Health has now raised a total of $152.0M in total equity funding and is backed by Advance Venture Partners.