The Weekly Notable Startup Funding Report: 9/8/25 – 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 9/5/25 featuring funding details for Lead, Lendistry, and Baseten, and seventeen other deals representing $14.4B (not a typo) in new funding that you need to know about.

Predoc – $30.0M

New York-based Predoc provides an AI-native platform for medical record retrieval and analysis and health information management. Founded by Alex Daniels, Kaushal Kulkarni, and Nishant Hari in 2022, Predoc has now raised a total of $36.4M in total equity funding and is backed by (ERA) Entrepreneurs Roundtable Accelerator, Base 10 Ventures, Eniac Ventures, and Northzone.

Baseten – $150.0M

San Francisco-based Baseten is an AI infrastructure company that integrates machine learning into business operations, production, and processes. Founded by Amir Haghighat, Pankaj Gupta, Philip Howes, and Tuhin Srivastava in 2019, Baseten has now raised a total of $285.0M in total equity funding and is backed by 01 Advisors, Bond, BoxGroup, CapitalG, Conviction, Greylock, IVP, Premji Invest, Scribble Ventures, and Spark Capital.

ID.me – $65.0M

Mclean-based ID.me is a digital identity wallet that allows users to securely prove their identity online. Founded by Blake Hall, Matthew Thompson, and Tanel Suurhans in 2010, ID.me has now raised a total of $338.8M in total equity funding and is backed by Moonshots Capital, Positive Sum, and Ribbit Capital.

Sierra – $350.0M

San Francisco-based Sierra offers a conversational AI platform that enables businesses to deploy branded AI agents capable of assisting customers. Founded by Bret Taylor and Clay Bavor in 2023, Sierra has now raised a total of $635.0M in total equity funding and is backed by Greenoaks.

You.com – $100.0M

Palo Alto-based You.com is a personalized AI search engine that delivers customized recommendations and allows natural conversation with its AI chatbot. Founded by Bryan McCann and Richard Socher in 2020, You.com has now raised a total of $195.0M in total equity funding and is backed by Cox Enterprises, Georgian, Norwest Venture Partners, and Salesforce Ventures.

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Anthropic – $13.0B

San Francisco-based Anthropic is an AI research company that focuses on the safety and alignment of AI systems with human values. Founded by Daniela Amodei, Dario Amodei, Jack Clark, Jared Kaplan, Sam McCandlish, and Tom Brown in 2021, Anthropic has now raised a total of $25.9B in total equity funding and is backed by Altimeter Capital, Baillie Gifford, BlackRock, Blackstone Group, Coatue, D1 Capital Partners, Fidelity, General Atlantic, General Catalyst, GIC, Goldman Sachs Growth Equity, ICONIQ Capital, Insight Partners, Jane Street Capital, Lightspeed Venture Partners, Ontario Teachers’ Pension Plan, Qatar Investment Authority, T. Rowe Price, TPG, WCM Investment Management, and XN.

Elysian – $6.0M

Nashville-based Elysian is an AI-native Third-Party Administrator offering claims handling and portfolio oversight for commercial insurance cases. Founded by Dinyar Mistry, Grace Hanson, and Kashif Razzaqui in 2024, Elysian has now raised a total of $6.0M in total equity funding and is backed by American Family Ventures, Portage Ventures, and TenOneTen Ventures.

Ketryx – $39.0M

Cambridge-based Ketryx is an AI‚Äëdriven compliance platform that automates documentation tasks and workflows for regulated product teams. Founded by Erez Kaminski and Jan P√∂schko in 2021, Ketryx has now raised a total of $57.0M in total equity funding and is backed by 53 Stations, E14 Fund, Lightspeed Venture Partners, Transformation Capital, and Ubiquity Ventures.

Lead – $70.0M

Kansas City-based Lead is a Banking as a Service platform providing financial solutions for individuals, businesses, and fintech companies. Founded by Erica Khalili, Homam Maalouf, Jacqueline Reses, and Ronak Vyas in 1928, Lead has now raised a total of $170.0M in total equity funding and is backed by Andreessen Horowitz, Coatue, Greycroft, ICONIQ Capital, Khosla Ventures, Ribbit Capital, and Zeev Ventures.

Tidal Cyber – $10.0M

Washington-based Tidal Cyber maps adversary behavior to a security stack using a threat-led defense platform. Founded by Frank Duff and Rick Gordon in 2022, Tidal Cyber has now raised a total of $24.0M in total equity funding and is backed by Bright Pixel (formerly Sonae IM), Capital One Ventures, Squadra Ventures, TFX Capital, Ultratech Capital Partners, USAA, and Veteran Ventures Capital.

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Allocate – $30.5M

Menlo Park-based Allocate provides a private markets platform that enables advisors and family offices to manage tailored investment portfolios. Founded by Hana Yang and Samir Kaji in 2021, Allocate has now raised a total of $60.8M in total equity funding and is backed by Andreessen Horowitz, Fika Ventures, M13, and Portage Ventures.

HappyRobot – $44.0M

San Francisco-based HappyRobot is an operating system for building and managing an AI workforce for business automation. Founded by Javier Palafox, Luis Paarup, and Pablo Palafox in 2022, HappyRobot has now raised a total of $60.6M in total equity funding and is backed by Andreessen Horowitz, Array Ventures, avra, Base10 Partners, Samsara, Tokio Marine, WaVe-X, World Innovation Lab, and Y Combinator.

Exa – $85.0M

San Francisco-based Exa is a software development company that offers an AI-centered search engine tailored for automated systems and applications. Founded by Jeffrey Wang and Will Bryk in 2021, Exa has now raised a total of $107.0M in total equity funding and is backed by Benchmark, Lightspeed Venture Partners, NVIDIA, and Y Combinator.

Recall.ai – $38.0M

San Francisco-based Recall.ai is the API for meeting recording. Founded by Amanda Zhu in 2020, Recall.ai has now raised a total of $50.7M in total equity funding and is backed by Bessemer Venture Partners, Eoghan McCabe, HubSpot Ventures, Michael Seibel, Paul Graham, Ridge Ventures, RTP Global, Salesforce Ventures, Solomon Hykes, and Y Combinator.

Orchard Robotics – $22.0M

Seattle-based Orchard Robotics develops an operating system that enables precision agriculture driven by robots and AI. Founded by Charlie Wu in 2022, Orchard Robotics has now raised a total of $25.8M in total equity funding and is backed by Contrary, General Catalyst, Howard Lerman, Mythos Ventures, Nico Rosberg, Quiet Capital, Ravelin Capital, Shine Capital, and Valyrian Capital.

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Lendistry – $5.0M

Brea-based Lendistry is a lender and fintech company that provides business loans and grant access to small businesses. Founded by Everett Sands in 2015, Lendistry has now raised a total of $8.3M in total equity funding and is backed by Exelon.

Augment – $85.0M

Austin-based Augment provides an autonomous AI assistant platform to optimize logistics operations with emails, chats, and invoicing services. Founded by Harish Abbott in 2024, Augment has now raised a total of $110.0M in total equity funding and is backed by 8VC, Autotech Ventures, Redpoint, and Shopify Ventures.

Galvanize Therapeutics – $100.0M

San Carlos-based Galvanize is a biomedical platform company that provides therapeutic products and services to deliver healthcare solutions. Founded by Jonathan Waldstreicher in 2015, Galvanize Therapeutics has now raised a total of $242.5M in total equity funding and is backed by Ally Bridge Group, Apple Tree Partners, Elevage Medical Technologies, Fidelity, Gilmartin Capital LLC, Intuitive, Janus Henderson Investors, Longaeva Partners, Norwest Venture Partners, Perceptive Xontogeny Venture Fund, Sofinnova Partners, and T. Rowe Price.

Shift5 – $75.0M

Arlington-based Shift5 is a cybersecurity company that provides hardware and software solutions to defend operational technology (OT) platforms. Founded by Josh Lospinoso in 2019, Shift5 has now raised a total of $180.5M in total equity funding and is backed by 645 Ventures, AE Industrial Partners, Booz Allen Ventures, Center15 Capital, CSP Equity Partners, Disruptive, Hedosophia, Insight Partners, Moore Strategic Ventures, Savano Capital Partners, and Squadra Ventures.

Mojo Vision – $75.0M

Saratoga-based Mojo develops high-performance micro-LED display technology with proprietary full-color quantum-dot technology with superior performance. Founded by Michael Wiemer in 2015, Mojo Vision has now raised a total of $344.9M in total equity funding and is backed by Dolby Family Ventures, Edge Venture Capital, Fusion Fund, Hyperlink Ventures, imec.xpand, keymaker, Khosla Ventures, Knollwood Capital, New Enterprise Associates, Ohio Innovation Fund, and Vanedge Capital.