The Weekly Notable Startup Funding Report: 11/3/25 – 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 11/1/25 featuring funding details for TestSprite, Mercor, Lyzr, and twenty other deals representing $1.3B in new funding that you need to know about.

Sublime Security – $150.0M

Washington-based Sublime Security develops an email security platform to write and run custom detection and response rules to block phishing attacks. Founded by Ian Thiel and Joshua Kamdjou in 2019″>Sublime Security has now raised a total of $239.8M in total equity funding and is backed by 01 Advisors, Avenir, Citi Ventures, Georgian, Index Ventures, IVP, Jonathan Oberheide, Nicole Perlroth, Silver Buckshot Ventures, and Slow Ventures.

Honey Health – $7.8M

Menlo Park-based Honey Health provides AI agents that automate back-office tasks in healthcare, streamlining processes such as faxes, refills, and referrals. Founded by Matt Faustman and Zhang Xiao in 2024″>Honey Health has now raised a total of $7.8M in total equity funding and is backed by 8-Bit Capital, Burst Capital, Pelion Venture Partners, and Streamlined Ventures.

Sweatpals – $12.0M

Austin-based Sweatpals is a fitness experience marketplace and is pioneering what it coined as the ‘Daylife’ movement. Founded by Mandi Zhou and Salar Shahini in 2022″>Sweatpals has now raised a total of $16.0M in total equity funding and is backed by a16z speedrun, Antler, Deborah Liu, HartBeat Ventures, Jeffrey Katzenberg, Max Mullen, Patron, and Pear VC.

ConductorOne – $79.0M

Portland-based ConductorOne is an AI-native identity security platform that enables organizations to manage human, non-human, and AI identities. Founded by Alexander Bovee and Paul Querna in 2020″>ConductorOne has now raised a total of $111.0M in total equity funding and is backed by Accel, CrowdStrike Falcon Fund, Felicis, Greycroft, Operator Collective, and Oregon Venture Fund.

Lyzr – $8.0M

Jersey City-based Lyzr is an enterprise software company that offers AI porwered agent framework to build multi-agent workflows. Founded by Siva S in 2023″>Lyzr has now raised a total of $10.9M in total equity funding and is backed by Accenture Ventures, Arka Venture Labs, Benhamou Global Ventures, Firstsource, GFT Ventures, Partnership Fund for New York City, Plug & Play, and Rocketship.vc.

Connect with NYC’s Most Influential Tech Leaders & Decision-Makers

The AlleyWatch network reaches the exact audience you need to connect with – NYC’s most innovative startups, tech companies, and business leaders who are reshaping industries globally. Our engaged audience includes:

C-suite executives and key decision-makers
Founders and entrepreneurs
Venture capitalists and investors
Technology and innovation leaders

Maximize your impact through our proven solutions:• Premium brand placement• Targeted lead generation• Thought leadership opportunities• Custom content partnerships

Ready to amplify your reach in NYC Tech?Explore advertising opportunities now →

Arya Health – $18.2M

Philadelphia-based Arya Health is a healthcare technology firm dedicated to improving healthcare workforce management with AI-powered automation. Founded by Arunram K., Kunal Sarda, and Kunal Sarda in 2022″>Arya Health has now raised a total of $25.4M in total equity funding and is backed by ACME Capital, Ridge Ventures, and Twelve Below.

Polygraf – $9.5M

Austin-based Polygraf AI provides enterprise-grade AI security and governance solutions that focus on detecting and protecting against risks. Founded by Vignesh Karumbaya and Yagub Rahimov in 2023″>Polygraf has now raised a total of $11.9M in total equity funding and is backed by Allegis Capital, Alumni Ventures, DataPower Ventures, and DOMiNO Ventures.

Agtonomy – $18.0M

San Francisco-based Agtonomy is a software and services company specializing in automation and physical AI for agriculture and land management. Founded by Tim Bucher and Valerie Syme in 2021″>Agtonomy has now raised a total of $73.0M in total equity funding and is backed by Allison Transmission Holdings, Autotech Ventures, Black Forest Ventures, DBL Partners, Nuveen, and Rethink Food.

Harvey – $150.0M

San Francisco-based Harvey provides AI-driven tools to assist legal professionals with research, document review, and contract analysis. Founded by Gabe Pereyra and Winston Weinberg in 2022″>Harvey has now raised a total of $1.0B in total equity funding and is backed by Andreessen Horowitz.

Wild Moose – $7.0M

San Francisco-based Wild Moose provides conversational AI to help on-call developers tame production. Founded by Roei Schuster, Tom Tytunovich, and Yasmin Dunsky in 2023″>Wild Moose has now raised a total of $7.5M in total equity funding and is backed by Arash Ferdowsi, Demo Capital, F2 Venture Capital, iAngels, Jeremy Edberg, Joel Pobar, Maverick Ventures, and Y Combinator.

TestSprite – $6.7M

Seattle-based TestSprite delivers an AI-driven software testing platform designed to automate the generation, execution, and maintenance of tests. Founded by Xiangyi Shan and Yunhao Jiao in 2023″>TestSprite has now raised a total of $8.2M in total equity funding and is backed by Baidu Ventures, Edge Case Capital Partners, Hat Trick Ventures, Jinqiu Capital, MiraclePlus, Techstars, and Trilogy Equity Partners.

You are seconds away from signing up for the hottest list in NYC Tech!

SalesPatriot – $5.0M

San Francisco-based SalesPatriot serves as an advanced back-office operating system tailored for companies within the defense sector. Founded by Benjamin Rhodes-Kropf, Maciej Szymczyk, and Nelson Ray in 2022″>SalesPatriot has now raised a total of $5.5M in total equity funding and is backed by Bartek Pucek, CRV, Liquid 2 Ventures, Mark Pincus, Mati Staniszewski, Pear VC, Rich Miner, Steve Blank, SV Angel, Uncorrelated Ventures, and Y Combinator.

Mem0 – $20.0M

San Francisco-based Mem0 is a SaaS company that specializes memory layers for LLM applications. Founded by Deshraj Yadav and Taranjeet Singh in 2023″>Mem0 has now raised a total of $24.4M in total equity funding and is backed by Basis Set Ventures, Brian Balfour, Dharmesh Shah, GitHub, James Hawkins, Jennifer Taylor, Kindred Ventures, Lukas Biewald, Olivier Pomel, Paul Copplestone, Peak XV Partners, Philip Rathle, Scott Belsky, Thomas Dohmke, and Y Combinator.

Mercor – $350.0M

San Francisco-based Mercor is an AI-based hiring platform that improves the recruitment process by matching talent with opportunities tailored to their skills. Founded by Adarsh Hiremath, Brendan Foody, and Surya Midha in 2023″>Mercor has now raised a total of $483.6M in total equity funding and is backed by Benchmark, Felicis, General Catalyst, and Robinhood Ventures.

Ridepanda – $12.6M

San Francisco-based Ridepanda is an online e-ride shop that offers electric vehicles with maintenance support and theft protection. Founded by Charlie Depman and Chinmay Malaviya in 2020″>Ridepanda has now raised a total of $23.9M in total equity funding and is backed by Bikeleasing, Blackhorn Ventures, Courtyard Ventures, Oyster Ventures, Proeza Ventures, Somersault Ventures, and Yamaha Motor Ventures.

xMEMS – $21.0M

Santa Clara-based xMEMS designs solutions and applications by integrating smart methodologies for a range of consumer electronics devices. Founded by Jemm Liang and Joseph Jiang in 2018″>xMEMS has now raised a total of $36.0M in total equity funding and is backed by Boardman Bay Capital Management, CDIB -TEN Capital, Harbinger Ventures, SIG China (SIG Asia Investments), and Yunhao Capital.

Recess – $30.0M

New York-based Recess is a consumer wellness brand creating products and experiences designed to help people feel balanced, centered, and inspired. Founded by Benjamin Witte, David Hess, and Justin Hauser in 2017″>Recess has now raised a total of $30.0M in total equity funding and is backed by CAVU Consumer Partners, Craig Kallman, D√∂hler Ventures, KAS Venture Partners, Midnight Venture Partners, Rocana Venture Partners, Torch Capital, and Vanquish Equity.

The AlleyWatch audience is driving progress and innovation on a global scale. There are a number of options to reach this audience of the world’s most innovative organizations and startups at scale including strategic brand placement, lead generation, and thought leadership in front of an audience that comprises the vast majority of key decision-makers in the NYC business community and beyond. Learn more about advertising to NYC Tech, at scale.

SimSpace – $39.0M

Boston-based SimSpace combines high-fidelity, military-grade cyber ranges and training content with unique user and adversary emulation techniques. Founded by Lee Rossey and William Hutchison in 2015″>SimSpace has now raised a total of $84.0M in total equity funding and is backed by Communitas Capital Partners and L2 Point.

WideField Security – $11.3M

Santa Clara-based WideField Security is a cybersecurity startup solving urgent problems in identity security. Founded by Abhay Kulkarni and Kartik Kumar in 2023″>WideField Security has now raised a total of $11.3M in total equity funding and is backed by Crosspoint Capital Partners and Engineering Capital.

Fireworks AI – $230.0M

Redwood City-based Fireworks AI is an advanced platform that enables users to build, tune, and scale AI applications using open-source models Founded by Dmytro Ivchenko and Lin Qiao in 2022″>Fireworks AI has now raised a total of $307.0M in total equity funding and is backed by Evantic Capital, Index Ventures, Lightspeed Venture Partners, and Sequoia Capital.

Formic Technologies – $470K

Chicago-based Formic aims to increase the collective output of humanity by making automation deployments trivial and easy. Founded by Misa Ilkhechi and Saman Farid in 2020″>Formic Technologies has now raised a total of $59.9M in total equity funding and is backed by Gaingels.

Frontline Wildfire Defense – $48.0M

Jackson-based Frontline protects homes and businesses from wildfires using tracking software, satellite connectivity, and onsite sprinkler systems. Founded by Harry Statter in 2015″>Frontline Wildfire Defense has now raised a total of $54.4M in total equity funding and is backed by Norwest.

Syllo – $30.0M

Brooklyn-based Syllo is a legal technology platform Founded by Jeffrey Chivers and Theodore Rostow in 2019″>Syllo has now raised a total of $39.4M in total equity funding and is backed by Two Seas Capital and Venrock.