Category: angel investors

Loyal, an Atlanta, GA-based in a significant boost to the healthcare technology sector, Loyal, a pioneering company specializing in healthcare technology systems, was funded $33.5 million in a recent funding round. This substantial investment is poised to accelerate the company’s efforts in expanding its customer base and enhancing product development.

The funding round, led by prominent venture capital firms and supported by several strategic angel investors, underscores the growing confidence in Loyal’s innovative solutions aimed at transforming patient care and hospital operations. The influx of capital will empower the company to scale its operations, introduce cutting-edge features, and reach a broader audience within the healthcare industry.

Loyal’s platform leverages advanced technologies such as artificial intelligence and machine learning to streamline various aspects of healthcare management. From patient engagement and appointment scheduling to billing and feedback collection, Loyal’s comprehensive suite of tools is designed to enhance efficiency and improve patient experiences. The new funding will enable Loyal to further refine these tools and develop new capabilities that address emerging needs in the healthcare landscape.

Chad Mallory, CEO of Loyal said, securing this funding marks a pivotal moment for Loyal. With the additional resources, they can accelerate their mission to deliver transformative solutions that empower healthcare providers and improve patient outcomes. They are committed to driving innovation and setting new standards in the industry.

The healthcare sector is witnessing a rapid digital transformation, driven by the need for more efficient and patient-centric solutions. Loyal’s technology plays a crucial role in this evolution, offering healthcare providers the tools they need to navigate the complexities of modern healthcare delivery. By expanding its customer base, Loyal aims to bring its innovative solutions to a wider array of healthcare institutions, from small clinics to large hospital networks.

Investors in this funding round highlighted Loyal’s potential to make a significant impact on the healthcare industry. Loyal’s commitment to innovation and its track record of success make it a standout player in the healthcare technology space.

As Loyal embarks on this new chapter, the healthcare community eagerly anticipates the advancements that will emerge from the company’s enhanced capabilities. With a strong foundation and a clear vision for the future, Loyal is well-positioned to drive meaningful change in the healthcare technology landscape.

By: K. Tagura

Who we are: Funded.com is a platform that is A+ BBB accredited over 10+ years. Access our network of Angel Investors, Venture Capital or Lenders. Let us professionally write your Business Plan.

Jacobi Robotics, a Berkeley, CA-based developer of robotics software designed to accelerate the development time of robot arm applications, and make industrial robot arms safe, flexible, and more productive. The company’s platform provides proprietary software building blocks such as motion planning, visualization, and perception, enabling businesses to implement robots in a wide range of applications.

Jacobi Robotics was funded $5 million led by Moxxie Ventures with participation from Foothill Ventures, Humba Ventures, The House Fund and existing investors Swift Ventures, Berkeley SkyDeck Fund, LDV Partners, strategic angel investors of Courtyard Ventures. This infusion of capital is set to propel Jacobi Robotics’ research and development efforts, enabling them to enhance their motion planning algorithms and expand their market reach.

Jacobi Robotics has been at the forefront of developing sophisticated motion planning technology designed to improve the efficiency and precision of robotic movements. Their technology is pivotal for applications across various industries, including manufacturing, healthcare, logistics, and autonomous vehicles.

The company’s technology focuses on enabling robots to navigate complex environments with minimal human intervention. By improving pathfinding and obstacle avoidance capabilities, Jacobi Robotics aims to enhance the operational efficiency of automated systems.

In the manufacturing sector, their technology promises to streamline assembly lines, reducing downtime and increasing productivity. In healthcare, it can assist in the precise control of surgical robots, leading to better patient outcomes. Additionally, in logistics, their solutions can optimize the navigation of automated warehouses, facilitating faster and more accurate order fulfillment.

With the new funding, Jacobi Robotics plans to expand its team, investing in top-tier engineering talent and strengthening its partnerships with leading tech companies. The company is also looking to explore new markets and applications for its technology, broadening its impact across the global robotics landscape.

Jacobi Robotics’ recent funding success underscores the growing importance of advanced motion planning technology in the robotics field. As they continue to push the boundaries of what is possible, the company is well-positioned to lead the next wave of innovation in robotic automation.

By: K. Tagura

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Who we are: Funded.com is a platform that is A+ BBB accredited over 10+ years. Access our network of Angel Investors, Venture Capital or Lenders. Let us professionally write your Business Plan.

EvolutionaryScale is a NYC-based developer of biological artificial intelligence models intended to design therapies. The company predicts protein structures by integrating biological data from deoxyribonucleic acid sequences, gene expression, and epigenetic states, enabling researchers to apply large language models to design ribonucleic acid-based drug therapies.

EvolutionaryScale was funded $142 million. This significant investment is earmarked to support the development and launch of their innovative AI model, which aims to revolutionize protein discovery.

The world of biotechnology is rapidly advancing, and EvolutionaryScale is not just keeping up, but leading the charge. The company’s AI model is designed to accelerate the identification and understanding of proteins, which are essential to various biological functions and therapeutic targets. This breakthrough technology promises to enhance drug discovery processes, potentially leading to the development of new treatments for a range of diseases.

The new funding, led by prominent venture capital firms, including Nat Friedman, Daniel Gross and Lux Capital, with participation from Amazon Web Services (AWS) and NVentures, the venture capital arm of NVIDIA, as well as angel investors, reflects strong investor confidence in EvolutionaryScale’s vision. The potential impact of their AI model on the biotechnology sector is significant, and the funds will be used to expand the company’s research and development capabilities, hire top talent, and accelerate the commercialization of their AI technology.

EvolutionaryScale’s AI model represents a significant leap forward in protein discovery. Traditional methods of protein identification are time-consuming and costly. In contrast, the AI model can analyze vast datasets quickly and accurately, identifying novel proteins and understanding their functions at an unprecedented speed. This capability is expected to streamline the drug discovery process, reducing the time and cost of developing new therapies.

With the successful funding round, EvolutionaryScale is not just well-positioned, but solidly backed to make substantial contributions to the biotechnology field. The company’s innovative approach to protein discovery has the potential to transform how new drugs are developed, bringing hope for more effective treatments for complex diseases. As EvolutionaryScale continues to advance its AI technology, the biotech industry eagerly anticipates the groundbreaking discoveries that lie ahead.

EvolutionaryScale marks a pivotal moment in the convergence of AI and biotechnology. By harnessing the power of artificial intelligence, EvolutionaryScale is set to revolutionize protein discovery, paving the way for a new era of medical advancements.

By: K. Tagura

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Who we are: Funded.com is a platform that is A+ BBB accredited over 10+ years. Access our network of Angel Investors, Venture Capital or Lenders. Let us professionally write your Business Plan.

MagicSchool AI is a Denver, CO-based developer of AI-based productivity software designed to streamline various aspects of the teaching process. The company offers a range of tools, such as informational text generators, individual education program generators, text leveler tools, rubric generator tools, and text scaffolder tools, enabling educators to lesson plan, level texts, write assessments, proofread, give feedback, and communicate clearly.

MagicSchool AI was funded $15 million, led by Bain Capital Ventures. Additional investors included Adobe Ventures, Common-Sense Media, and angel investors. The new funding aims to combat teacher burnout and equip students for a future dominated by artificial intelligence (AI).

MagicSchool AI is revolutionizing education by leveraging AI to enhance teaching efficiency and learning experiences. The platform provides a suite of AI-driven tools designed to reduce administrative burdens on teachers, allowing them to focus more on interactive and personalized instruction. Additionally, it offers tailored learning paths for students, fostering engagement and mastery in critical subjects, particularly in STEM (Science, Technology, Engineering, and Mathematics).

CEO and Founder Adeel Khan said they are thrilled to have the support from their investors. The funding will accelerate their mission to alleviate the pressures on educators while ensuring students are well-prepared for an AI-driven world. Their goal is to create a more sustainable and effective educational ecosystem.

Teacher burnout, a growing concern exacerbated by the increased demands of remote and hybrid learning models during the COVID-19 pandemic, is a challenge MagicSchool AI addresses head-on. By automating routine tasks such as grading, attendance tracking, and lesson planning, the platform is designed to provide educators with much-needed relief. It allows them to concentrate on student interaction and instructional quality, thereby feeling more supported and less overwhelmed.

The platform’s AI capabilities extend to student learning, providing a personalized approach that adapts learning materials to each student’s pace and level of understanding. This boosts student performance and helps identify and support those who might be struggling, making students feel more engaged and supported in their learning journey, thereby fostering a sense of belonging and engagement.

With this new infusion of capital, MagicSchool AI plans to expand its product offerings and scale its operations, aiming to reach more schools and districts across the United States. The company is also set to continuously invest in further research and development to enhance its AI capabilities.

MagicSchool AI is a beacon of innovation as the education sector increasingly embraces technology. The company’s unwavering dedication to improving the educational landscape for teachers and students is a source of inspiration, offering hope for a future where technology enhances, rather than replaces, the human element in education.

By: K. Tagura

Who we are: Funded.com is a platform that is A+ BBB accredited over 10+ years. Access our network of Angel Investors, Venture Capital or Lenders. Let us professionally write your Business Plan.

Daydream, a USA-based technology company, is not just another player in the e-commerce sector. They are a game-changer, revolutionizing online shopping with our unique approach. Their team, a powerhouse of seasoned experts in artificial intelligence, machine learning, and retail technology, is not just dedicated to developing more competent, more intuitive search tools. They are the driving force behind our innovative solutions, setting a new standard and setting us apart from the competition.

Daydream was funded $50 million, led by Forerunner Ventures and Index Ventures and with participation from GV (Google Ventures), True Ventures, and some strategic angel investors. This significant infusion of capital will support Daydream’s ambitious plans to develop an AI-powered search engine tailored to the e-commerce sector.

Daydream’s AI-powered search engine is not just another search tool. It’s a game-changer in the e-commerce sector, addressing the long-standing challenges associated with traditional search engines. Unlike major search engines that are optimized for general queries, Daydream’s platform is exclusively designed to enhance product discovery and personalization for e-commerce users.

Julie Bornstein, CEO of Daydream, said they are thrilled to have the support of such esteemed investors as they work towards transforming how consumers interact with online retail. Their AI-driven approach will enable them to deliver more accurate search results, personalized recommendations, and a more intuitive shopping experience.

Daydream’s AI-powered search engine is a win-win for both consumers and retailers. By integrating with online retailers, search engine offers a range of features that not only enhance the user experience but also boost retailers’ business. These features, such as real-time inventory updates, personalized product suggestions based on browsing history, and dynamic pricing alerts, are designed to increase conversion rates and customer satisfaction. This comprehensive approach is a testament to the value of our technology, making it a win-win for all.

The e-commerce industry has seen exponential growth, especially after the COVID-19 pandemic, accelerating the shift towards online shopping. However, many consumers still need help with efficient search functionalities that fail to connect them with the products they seek.

Daydream’s solution addresses these pain points by offering an AI-powered search engine that learns from user interactions, continuously refining its algorithms to provide more brilliant search capabilities. This will result in higher engagement rates and more successful consumer purchase journeys.

Looking ahead, Daydream has strategic plans for the funds. They will use them to expand our engineering team, invest in research and development, and scale our platform to support a growing number of retail partners. In addition, they are exploring opportunities to integrate our technology with voice assistants and other emerging interfaces, a move that will further enhance the shopping experience. These strategic initiatives demonstrate our commitment to continuous innovation and growth, and our prudent financial management.

By: K. Tagura

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Who we are: Funded.com is a platform that is A+ BBB accredited over 10+ years. Access our network of Angel Investors, Venture Capital or Lenders. Let us professionally write your Business Plan.

OnStation, a Cleveland, OH-based developer of project-specific applications, is committed to a collaborative approach. Our app is designed to offer prompt and often critical job site data, increasing worksite efficiency by reducing worker downtime, error potential, and project management overhead. This enables businesses to bring consistency for roadway workers and designers, fostering a sense of inclusion and connection for everyone on the project.

OnStation was funded $8.5 million led by JumpStart Ventures (NEXT II Fund) and included participation from VisionTech Partners, Frontier Angels, Up2 Opportunity Fund, JobsOhio Growth Capital Fund, Next Chapter Ventures, North Coast Ventures, New Dominion Angels and other angel investors.

The latest investment aims to enhance OnStation’s innovative app, which is designed to streamline and optimize the roadway building process.

The app, a standout offering from OnStation, boasts a suite of features meticulously tailored to cater to the unique needs of construction professionals. These include real-time project tracking, advanced communication tools, and data-driven decision-making capabilities. By seamlessly integrating these features, OnStation is poised to make significant strides in enhancing efficiency and curbing costs associated with roadway construction projects.

A consortium of forward-thinking venture capital firms and industry-specific investors, recognizing the transformative potential of OnStation’s technology, spearheaded the funding round. This substantial capital infusion will empower OnStation to bolster its development team, expedite product enhancements, and extend its market reach, solidifying its position as a key player in the industry.

OnStation CEO Patrick Russo expressed his deep and heartfelt gratitude for the level of support from the investors. The funding will allow them to continue innovating and providing valuable solutions to the construction industry. Their goal is to make roadway building more efficient, cost-effective, and safer for everyone involved, a vision that is only possible with the unwavering support and belief of our investors.

OnStation is gearing up to unveil a series of updates to its app, with a keen focus on enhancing user experience and introducing new functionalities that directly address the common challenges faced by construction teams. The company is also setting its sights on expanding its footprint in strategic markets across the United States, underscoring its commitment to continuous growth and innovation.

Investors and construction professionals alike are inspired by OnStation’s app’s potential to transform the industry. The lead investor said OnStation is at the forefront of technological innovation in roadway construction. Their app has the power to revolutionize the way projects are managed and executed, leading to substantial improvements in project outcomes, instilling confidence in the transformative potential of our technology.

As OnStation continues to grow and evolve, it remains committed to its mission of driving progress in the construction industry through technology. The company’s latest funding milestone marks a significant achievement of this vision.

By: K. Tagura

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Who we are: Funded.com is a platform that is A+ BBB accredited over 10+ years. Access our network of Angel Investors, Venture Capital or Lenders. Let us professionally write your Business Plan.

Flam, a San Francisco, CA-based, in a significant move poised to revolutionize the digital publishing landscape, Flam, an innovative technology company.

Flam was funded with $4.5 million, led by Turbostart, Twin Ventures, and Alphatron Capital, alongside angel investors and family offices. Existing backers included Inventus Capital Partners, SVQ, and 9Unicorns, which also invested.

The new investment will fuel the development of Flam’s AI-driven mixed reality publishing platform and support its ambitious international expansion plans.

Flam’s platform is at the forefront of innovation, aiming to blur the lines between physical and digital experiences. By fusing advanced AI technologies with mixed reality (MR) capabilities, Flam envisions a future where content creators can craft immersive and interactive publications, revolutionizing traditional reading and learning experiences.

Flam’s founder and CEO, Mr. Shourya Agarwal, expressed his excitement about the funding round’s success. This investment is a testament to their investors’ belief in Flam’s vision. They are committed to pushing the boundaries of what is possible in digital publishing, creating a platform that offers unparalleled interactive experiences.

Mr. Agarwal is enthusiastic about Flam’s potential to disrupt multiple industries, including education, entertainment, and media. By harnessing the power of AI and MR, Flam is poised to create content that not only captivates but also adapts to individual user preferences, thereby elevating the overall experience. This transformative potential is what excites us and should excite you too.

Flam’s international expansion is not just a lofty goal, it’s a meticulously planned strategy. Their aim is to establish offices in key tech hubs and forge partnerships with local entities to adapt the platform to diverse cultural and market needs. This strategic approach underscores our commitment to our partners’ success and the success of our platform.

At the core of Flam’s platform is its sophisticated AI engine, which powers content personalization and interactivity. The AI analyzes user behavior and preferences, tailoring content to enhance engagement and retention.

The digital publishing world watches anxiously as Flam progresses with its development and expansion plans. The successful integration of AI and mixed reality could begin a new era in how we experience and interact with content.

By: K. Tagura

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Who we are: Funded.com is a platform that is A+ BBB accredited over 10+ years. Access our network of Angel Investors, Venture Capital or Lenders. Let us professionally write your Business Plan.

StrokeDx, a Pasadena, CA-based developer, is revolutionizing stroke care with its innovative diagnosis equipment. Their product, equipped with microsensors and AI software, swiftly detects blood in the brain, generating a predictive image of the stroke’s location. This breakthrough technology, more affordable than traditional methods, empowers doctors to perform portable triage and rapid diagnosis, potentially saving lives by reducing the time to treatment in stroke care.

StrokeDx was funded $5 million. This investment aims to accelerate developing and commercializing its cutting-edge technologies for safe and effective cerebrovascular monitoring.

The recent funding round, led by DigiTx Partners and featuring participation from Freeflow Ventures and other accomplished angel investors, underscores the confidence in StrokeDx’s potential. These strategic partnerships, with extensive achievements in neuroradiology, stroke, and medical devices, validate our advanced technologies’ promise to provide healthcare professionals with accurate, real-time data, enhancing the diagnosis and treatment of stroke and other cerebrovascular conditions.

Alexander Ballatori, CEO of StrokeDx, expressed his excitement about the funding, stating that investment is a significant milestone for StrokeDx. It will enable them to bring their innovative monitoring solutions to market more rapidly, ultimately improving patient outcomes and saving lives.

The $5 million infusion will be utilized to finalize product development, conduct clinical trials, and initiate the commercialization phase. StrokeDx plans to collaborate with leading medical institutions to ensure their technologies meet the highest safety and efficacy standards.

With this funding, StrokeDx is poised to impact cerebrovascular health significantly, providing essential tools for healthcare providers and paving the way for better patient care worldwide.

By: K. Tagura

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Who we are: Funded.com is a platform that is A+ BBB accredited over 10+ years. Access our network of Angel Investors, Venture Capital or Lenders. Let us professionally write your Business Plan.

Kudos, a Los Angeles, CA-based developer of a smart assistant intended to tell users the best card to use when they check out. The company keeps track of credit card rewards and sorts through data across multiple cards and most online merchants so that when consumers are ready to check out, the assistant can scan their wallet to tell them how they should pay and what rewards and benefits they’ll get on that purchase, enabling customers to track, manage and identify right card for the proper purpose.

Kudos was funded $10.2 million led by QED Investors with participation from Patron, The Points Guy founder Brian Kelly, Samsung Next, SV Angel investors, Precursor Ventures, The Mini Fund, Newtype Ventures, and the Four Cities Fund.

Kudos’ smart wallet is designed to revolutionize how users manage their finances. By leveraging artificial intelligence, the wallet offers personalized financial advice, automates budgeting, and optimizes spending patterns. This intelligent system aims to empower users with better financial control and more thoughtful decision-making capabilities.

With the new capital infusion, Kudos plans to expand its range of features and capabilities. The company aims to enhance its AI algorithms to provide more accurate and insightful financial recommendations. Additionally, the funding will support the development of new tools for investment tracking, debt management, and savings optimization.

The smart wallet market is rapidly growing, driven by the increasing demand for digital financial solutions. Kudos is poised to capture a significant market share by offering a comprehensive and user-friendly platform. The company’s focus on AI-driven personalization sets it apart from traditional financial management tools, appealing to tech-savvy users seeking innovative solutions.

Kudos’ CEO, Tikue Anazodo, expressed optimism about the future. New funding will enable them to accelerate their growth and develop cutting-edge technology that transforms financial management. They’re excited to bring even more value to their users and help them achieve their financial goals.

The successful funding round highlights investor confidence in Kudos’ vision and technology. With the backing of leading venture capitalists, Kudos is well-positioned to expand its market presence and further innovate in the fintech space.

By: K. Tagura

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Who we are: Funded.com is a platform that is A+ BBB accredited over 10+ years. Access our network of Angel Investors, Venture Capital or Lenders. Let us professionally write your Business Plan.

ByHeart, a NYC-based operator of an infant nutrition company, stands out for its commitment to providing nutritious food for babies. The company’s products, crafted from hand-picked ingredients and blended in small batches, are a testament to their dedication to quality. ByHeart’s focus on immune, microbiome, cognitive, and digestive health sets them apart, offering parents a unique choice to proactively build a strong foundation for their babies’ future health.

ByHeart was funded $95 million in a new funding round. This significant financial boost will power the development of ByHeart’s cutting-edge innovation pipeline, a testament to its commitment to ensuring babies’ future health through advanced food solutions.

The recent funding round, led by strategic investors including D1 Capital Partners, Bellco Capital, Polaris Partners, Two River, OCV Partners, AF Ventures, Red Sea Ventures, Gaingels, and other angel investors, is a clear vote of confidence in ByHeart’s mission and its potential to revolutionize the infant nutrition market. This capital infusion will be instrumental in expanding research and development efforts, accelerating product development, and enhancing manufacturing capabilities.

ByHeart’s approach combines rigorous scientific research with a commitment to natural ingredients, aiming to provide the highest quality nutrition for infants. The company’s proprietary processes and unique formulations set it apart in a competitive market, promising to deliver products that support healthy growth and development from the earliest stages of life.

The CEO of ByHeart, Ron Belldegrun, said that they are thrilled to have the support of their investors as they continue to innovate and set new standards in infant nutrition. The latest funding allows them to bring their vision to life, ensuring they can offer parents the best options for their babies’ health and future.

The company plans to utilize the funds to scale its operations, enhance its supply chain, and bring new, groundbreaking products to market. ByHeart’s commitment to transparency, quality, and scientific excellence positions it as a leader in improving infant health through better nutrition.

This investment marks a significant milestone for ByHeart and reinforces its mission to provide infants with the foundation they need for a healthy future. With this substantial backing, ByHeart is well-equipped to make a lasting impact on infant nutrition, offering innovative solutions that meet the needs of parents and their babies.

By: K. Tagura

Who we are: Funded.com is a platform that is A+ BBB accredited over 10+ years. Access our network of Angel Investors, Venture Capital or Lenders. Let us professionally write your Business Plan.