The Weekly Notable Startup Funding Report: 7/19/25 – 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 7/19/25 featuring funding details for GigaIO, Tavrn, Blockskye, and twenty-eight other deals representing $1.1B in new funding that you need to know about.

Amogy – $23.0M

Brooklyn-based Amogy offers carbon-free energy solutions using ammonia cracking technology. Founded by Hyunho Kim, Jongwon Choi, Seonghoon Woo, and Young Suk Jo in 2020, Amogy has now raised a total of $298.3M in total equity funding and is backed by BonAngels Venture Partners, JB Investment, KDB Silicon Valley, Korea Development Bank, and Pathway Capital Management.

CertifID – $47.5M

Austin-based CertifID is a SaaS security platform used to validate identity and securely transfer bank account information. Founded by Thomas Cronkright II and Tyler Adams in 2017, CertifID has now raised a total of $81.0M in total equity funding and is backed by Arthur Ventures and Centana Growth Partners.

Collate – $10.0M

Menlo Park-based Collate is an AI-powered platform for agentic data intelligence that automates processes and fosters collaboration among data teams. Founded by Sriharsha Chintalapani and Suresh Srinivas in 2021, Collate has now raised a total of $10.0M in total equity funding and is backed by Karman Ventures, Unusual Ventures, and Venrock.

Crash Override – $28.0M

New York-based Crash Override is a SaaS provider company that provides a list of the things to do. Founded by John Viega and Mark Curphey in 2022, Crash Override has now raised a total of $42.0M in total equity funding and is backed by Bessemer Venture Partners, Blackstone Innovations Investments, Google Ventures, and SYN Ventures.

Fellow Health – $24.0M

San Francisco-based Fellow Health provides peer-reviewed, clinical semen analysis solutions that patients can conveniently perform at home. Founded by William Matthews in 2018, Fellow Health has now raised a total of $48.0M in total equity funding and is backed by 5AM Ventures and The Forest Road Company.

Felt – $15.0M

Oakland-based Felt is building a new collaborative experience in an under-explored creative medium. Founded by Can Duruk and Sam Hashemi in 2021, Felt has now raised a total of $34.5M in total equity funding and is backed by Bain Capital Ventures, Energize Capital, and Footwork.

Firestorm – $47.0M

San Diego-based Firestorm develops AI-assisted, modular UAS platforms for adaptable and rapid remote operations. Founded by Chad Mccoy, Daniel Magy, and Ian Muceus in 2022, Firestorm has now raised a total of $59.5M in total equity funding and is backed by Alumni Ventures, Booz Allen Ventures, Craft Ventures, Decisive Point, Harpoon, Lockheed Martin Ventures, MDSV Capital, New Enterprise Associates, Silent Ventures, and Washington Harbour Partners.

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GigaIO – $21.0M

Carlsbad-based GigaIO develops high performance interconnect memory fabric solutions for computing clusters. Founded by Alan Benjamin and Joey Maitra in 2017, GigaIO has now raised a total of $40.2M in total equity funding and is backed by Cerberus Capital Management, CerraCap Ventures, G Vision Capital, Impact Venture Capital, Mark IV Capital, and Source Code Capital.

Boulevard – $80.0M

Los Angeles-based Boulevard provides beauty and wellness businesses with tools for booking, payments, marketing, and client relationship management. Founded by Matt Danna and Sean Stavropoulos in 2016, Boulevard has now raised a total of $188.0M in total equity funding and is backed by Index Ventures, JMI Equity, and VMG Partners.

Kaleidoscope – $5.0M

New York-based Kaleidoscope is an audio company that delivers adventure and thrilling true stories filled with heart. Founded by Mangesh Hattikudur and Oz Woloshyn in 2022, Kaleidoscope has now raised a total of $8.6M in total equity funding and is backed by Burda Principal Investments, Nimble Ventures, North Base Media, The Raine Group, and Tom Freston.

NetBox Labs – $35.0M

New York-based NetBox‚ÄØLabs develops services for the open-source NetBox IP address management and data center infrastructure management platform. Founded by Bill Lapcevic, Jeremy Stretch, Kristopher Beevers, Mark Coleman, Salil Jani, and Shannon Weyrick in 2023, NetBox Labs has now raised a total of $55.0M in total equity funding and is backed by Flybridge, Headline, IBM, Mango Capital, NGP Capital, Notable Capital, Salesforce Ventures, Sorenson Capital, and Two Sigma Ventures.

Panacea Financial – $37.0M

Little Rock-based Panacea Financial is a digital bank that provides banking and financial services specifically for doctors and medical practitioners. Founded by Michael Jerkins, MD, Ned Palmer, MD, Tyler Stafford, and CFA in 2020, Panacea Financial has now raised a total of $61.5M in total equity funding and is backed by Valar Ventures.

Substack – $100.0M

San Francisco-based Substack is a subscription-based newsletter publishing platform for independent writers. Founded by Christopher Best, Hamish McKenzie, and Jairaj Sethi in 2017, Substack has now raised a total of $200.2M in total equity funding and is backed by Andreessen Horowitz, Bond, Jens Grede, Rich Paul, and TCG.

SuperAnnotate – $13.5M

San Mateo-based SuperAnnotate is an AI data platform that unifies AI pipeline and simplifies dataset creation, curation, and model evaluation. Founded by Davit Badalyan, Jason Liang, Tigran Petrosyan, and Vahan Petrosyan in 2018, SuperAnnotate has now raised a total of $67.0M in total equity funding and is backed by Dell Technologies Capital.

Zero Hash – $54.6M

Chicago-based Zero Hash is a B2B embedded infrastructure platform that allows any platform to integrate digital assets natively into customer experience. Founded by Brian Liston and Edward Woodford in 2015, Zero Hash has now raised a total of $224.4M in total equity funding and is backed by Interactive Brokers Group.

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evolvedMD – $34.0M

Scottsdale-based EvolvedMD specializes in the integration of behavioral health services in modern primary care. Founded by Erik Osland and Steve Biljan in 2015, evolvedMD has now raised a total of $63.4M in total equity funding and is backed by Conductive Ventures, FCA Venture Partners, Goldman Sachs Alternatives, Healthworx, Tectonic Ventures, and Waterline Ventures.

Bedrock Robotics – $80.0M

San Francisco-based Bedrock Robotics enables the construction sector to grow at the rate that modern civilization requires. Founded by Ajay Gummalla, Boris Sofman, Kevin Peterson, and Tom Eliaz in 2024, Bedrock Robotics has now raised a total of $80.0M in total equity funding and is backed by 8VC, AlRajhi Partners, Atreides Management, Crossbeam Venture Partners, Eclipse Ventures, NVentures, Samsara, The Raine Group, Tishman Speyer, Two Sigma Ventures, and Valor Equity Partners.

Dakota Ridge – $12.5M

Boulder-based Dakota Ridge is a fintech firm that provides banking services for crypto businesses. Founded by Gabe G’Sell and Ryan Bozarth in 2022, Dakota Ridge has now raised a total of $12.5M in total equity funding and is backed by 6th Man Ventures, CoinFund, Digital Currency Group, and Triton Capital.

OpenEvidence – $210.0M

Cambridge-based OpenEvidence provides AI-powered medical search and clinical decision support. Founded by Daniel Nadler and Zachary Ziegler in 2021, OpenEvidence has now raised a total of $317.0M in total equity funding and is backed by Coatue, Conviction Partners, Google Ventures, Kleiner Perkins, Sequoia Capital, and Thrive Capital.

Perplexity – $100.0M

San Francisco-based Perplexity is an AI-powered answer engine designed to provide accurate, real-time responses to user queries. Founded by Andy Konwinski, Aravind Srinivas, Denis Yarats, and Johnny Ho in 2022, Perplexity has now raised a total of $1.3B in total equity funding and is backed by IVP, New Enterprise Associates, NVIDIA, and SoftBank Vision Fund.

H2Ok Innovations – $12.0M

Cambridge-based H2Ok is transforming the CPG industry with its in-line spectral sensors and turnkey AI solution that unlock lost production time. Founded by Annie Lu and David Lu in 2020, H2Ok Innovations has now raised a total of $19.9M in total equity funding and is backed by 2048 Ventures, Construct Capital, and Greycroft.

Tavrn – $15.0M

San Francisco-based Tavrn provides AI-powered medical chronologies and summaries to attorneys, litigation support firms and insurance companies. Founded by Pedro Paulino in 2021, Tavrn has now raised a total of $16.4M in total equity funding and is backed by A*, BoxGroup, Hummingbird Ventures, and Left Lane Capital.

Rwazi – $12.0M

Los Angeles-based Rwazi is an AI market intelligence platform for global brands to access zero-party consumer data from global markets. Founded by Eric Sewankambo and Joseph Rutakangwa in 2021, Rwazi has now raised a total of $19.8M in total equity funding and is backed by Alumni Ventures, Bonfire Ventures, Newfund, and Santa Barbara Venture Partners.

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Zip Security – $13.5M

New York-based Zip Security delivers an AI-driven cybersecurity and compliance platform for security and IT automation for small and mid-sized enterprises. Founded by Gabbi Merz and Joshua Zweig in 2022, Zip Security has now raised a total of $21.2M in total equity funding and is backed by Ballistic Ventures, BoxGroup, General Catalyst, Human Capital, MANTIS Venture Capital, and Silver Buckshot Ventures.

Heka – $14.0M

New York-based Heka is the external customer intelligence engine for financial services, powering credit, fraud, and onboarding with audit-ready AI Founded by Idan Bar-Dov and Ishay Horowitz in 2020, Heka has now raised a total of $14.0M in total equity funding and is backed by Barclays, Corner Banca, and Windare Ventures.

Little Sesame – $8.5M

Washington-based Little Sesame provides fresh farm foods directly from the farmers. Founded by David Wiseman, Nicholas Wiseman, Nick Wiseman, and Ronen Tenne in 2015, Little Sesame has now raised a total of $10.1M in total equity funding and is backed by Beliade, Investeco Capital, Santatera Capital, and Watchfire Ventures.

Blockskye – $15.8M

Boston-based Blockskye is a technology platform. Founded by Brook Armstrong, Jerry Behrens, Kieren James Lubin, and Michael Share in 2017, Blockskye has now raised a total of $15.8M in total equity funding and is backed by Blockchange Ventures, Faction, KSV Global, Lasagna, Litquidity Ventures, Longbrook Ventures, TFJ Capital, and United Airlines Ventures.

Heron Data – $16.6M

New York-based Heron Data utilizes AI to automate document intake, extraction, and enrichment in the lending, equipment finance, and insurance industries. Founded by Dominic Kwok, Jamie Parker, and Johannes Jaeckle in 2020, Heron Data has now raised a total of $17.8M in total equity funding and is backed by BoxGroup, Flex Capital, Insight Partners, and Y Combinator. AlleyWatch broke the news in an exclusive covering the round and much more – Heron Data Raises $16.6M to Automate Document-Heavy Workflows with AI

Vultron – $22.0M

San Francisco-based Vultron is the Agentic Operating System transforming federal growth Founded by Joshua Gluck and Mac Liu in 2024, Vultron has now raised a total of $26.9M in total equity funding and is backed by Craft Ventures, Greycroft, Long Journey Ventures, and South Park Commons.

ETON Solutions – $20.0M

Morrisville-based ETON Solutions is a third-generation wealth management technology firm for the family office and multi-family office market. Founded by Robert E. Mallernee in 2015, ETON Solutions has now raised a total of $76.4M in total equity funding and is backed by Navis Capital Partners.

Leta – $5.0M

New Castle-based Leta Technology is a software development company that creates supply chain and logistics. Founded by Nick Joshi in 2021, Leta has now raised a total of $13.0M in total equity funding and is backed by Waarde Capital.