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 5/31/25 featuring funding details for Palla, Cerby, Bito, and twelve other deals representing $694M in new funding that you need to know about.
ClickHouse – $350.0M
Palo Alto-based ClickHouse provides an open-source database system for real-time analytical reporting. Founded by Aaron Katz, Alexey Milovidov, and Yury Izrailevsky in 2021, ClickHouse has now raised a total of $650.0M in total equity funding and is backed by Battery Ventures, Benchmark, Bessemer Venture Partners, Bond, Coatue, FirstMark, GIC, Index Ventures, IVP, Khosla Ventures, Lightspeed Venture Partners, and Nebius Group.
Bito – $5.7M
Menlo Park-based Bito builds AI tools designed to help software engineers ship better code, faster. Founded by Amar Goel, Anand Das, and Mukesh Agarwal in 2021, Bito has now raised a total of $8.9M in total equity funding and is backed by Eniac Ventures, Maxitech, Inc., NextView Ventures, NGP Capital, and Vela Partners.
Pallet – $27.0M
San Francisco-based Pallet offers AI-powered tools to automate logistics workflows, boosting efficiency for carriers, 3PLs, brokers, and shippers. Founded by Andrew Spencer and Sushanth Raman in 2019, Pallet has now raised a total of $48.0M in total equity funding and is backed by Aatish Nayak, Activant Capital, Amit Agarwal, Bain Capital Ventures, Bessemer Venture Partners, Dan Lewis, General Catalyst, Girish Rishi, Matt Mckinney, and Michael Capellas.
General Counsel AI – $10.0M
San Francisco-based General Counsel AI is web-based legal AI copilot for in-house counsel Founded by Bardia Pourvakil and Cecilia Ziniti in 2023, General Counsel AI has now raised a total of $11.6M in total equity funding and is backed by California Innovation Fund, Fellows Fund, FJ Labs, and Sound Ventures.
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 →
Cerby – $40.0M
San Francisco-based Cerby is the identity automation platform for disconnected apps Founded by Belsasar Lepe and Vidal Gonzalez in 2020, Cerby has now raised a total of $72.5M in total equity funding and is backed by DTCP, Okta Ventures, Salesforce Ventures, and Two Sigma Ventures.
Superblocks – $23.0M
New York-based Superblocks is a software company that offers UI templates, AI interfaces, and generative app services. Founded by Brad Menezes and Ran Ma in 2021, Superblocks has now raised a total of $60.0M in total equity funding and is backed by Aaron Levie, Greenoaks, Kleiner Perkins, Meritech Capital Partners, and Spark Capital.
Hex Technologies – $70.0M
San Francisco-based Hex Technologies is a unified, AI-powered workspace that integrates SQL, Python, R, and no-code tools for data science and analytics. Founded by Caitlin Colgrove and Glen Takahashi in 2019, Hex Technologies has now raised a total of $171.5M in total equity funding and is backed by Amplify Partners, Andreessen Horowitz, avra, BoxGroup, Next Legacy Partners, Redpoint, Sequoia Capital, and Snowflake Ventures.
Palla – $14.5M
Coral Gables-based Palla is an application for international money transactions. Founded by Enrique Perezalonso and Gregory Piccolo in 2020, Palla has now raised a total of $14.5M in total equity funding and is backed by Ardent Venture Partners, Cowboy Ventures, Dash Fund, DeepWork Capital, Evolution Ventures, First Check Ventures, MetaFund, Revolution Ventures, Uncommon Capital, VITALIZE Venture Capital, and Y Combinator.
CloudZero – $56.0M
Boston-based CloudZero is a cloud cost optimization platform that enables organizations to analyze and manage their cloud expenditures. Founded by Erik Peterson and Matt Manger in 2016, CloudZero has now raised a total of $119.1M in total equity funding and is backed by BlueCrest Capital Mangament, G20 Ventures, Innovius Capital, Matrix, MongoDB, Threshold, and Underscore VC.
You are seconds away from signing up for the hottest list in NYC Tech!
Sign up today
BlockSpaces – $2.0M
Tampa-based BlockSpaces is a Bitcoin-native platform that automates financial risk management and settlement. Founded by Gabe Higgins and Rosa Shores in 2017, BlockSpaces has now raised a total of $9.2M in total equity funding and is backed by Axiom BTC, Bob Burnett, Leadout Capital, Lisa Hough, and Sand Harbor Capital.
Pillar Biosciences – $34.5M
Natick-based Pillar Biosciences specializes in sequencing technology platform and proprietary data analysis toolkit. Founded by Gang Song and Zhaohui Wang in 2014, Pillar Biosciences has now raised a total of $100.4M in total equity funding and is backed by Illumina and Soleus Capital.
Creatify AI – $15.5M
Mountain View-based Creatify AI generates UGC-style video ads using AI avatars from product links. Founded by Ledell Wu, Xin Zhou, and Yinan Na in 2023, Creatify AI has now raised a total of $18.5M in total equity funding and is backed by Creator Ventures, Daniel Gross, Hat Trick Ventures, Hersh Desai Hersh Desai, Joe (Zhou) Sha, Kindred Ventures, Leadout Capital, Leonard Bogdonoff, Millennium New Horizons, Nat Friedman, NFDG Ventures, Rico Mallozzi, Shengxuan Jerry Ye, The MBA Fund, and WndrCo.
Outcomes4Me – $21.0M
Boston-based Outcomes4Me develops direct-to-patient AI-driven platform designed to assist cancer patients in managing their care. Founded by Maya R. Said and Osama E. Rahma in 2017, Outcomes4Me has now raised a total of $37.7M in total equity funding and is backed by Asset Management Ventures (AMV), Forecast Labs, IRA Capital, LabCorp, Merstal Ltd., Northpond Ventures, Salica, and Sierra Ventures.
Rillet – $25.0M
Palo Alto-based Rillet develops accounting software to support financial management for high-growth companies. Founded by Nicolas Kopp and Stelios Modes in 2021, Rillet has now raised a total of $38.5M in total equity funding and is backed by Creandum, First Round Capital, Lee Kirkpatrick, Ron Gill, Sequoia Capital, and Susa Ventures.
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.
