Category: angel investors

Telo, San Carlos, CA-based manufacturer of electric vehicle trucks intended to provide affordable trucks to urban workers and weekend adventurers. The company offers electric trucks for urban living and weekend adventuring, enabling clients to get efficient electric vehicle pickup as per their needs.

Telo was funded $5.4 million led by Ali Partovi with participation from Spero Ventures and angel investors.

Telo’s electric trucks are renowned for their exceptional efficiency, combining cutting-edge battery technology with advanced aerodynamics and lightweight materials to maximize range and reduce operating costs. With this latest investment, Telo aims to accelerate the production and deployment of its electric trucks, targeting key markets where eco-friendly transportation solutions are in high demand.

Jason Marks the CEO of Telo said that they are thrilled to receive this funding, which will enable them to scale up production and bring their highly efficient electric trucks to more customers. Their mission is to revolutionize the trucking industry by offering a sustainable alternative that not only benefits the environment but also delivers significant cost savings to fleet operators.

The electric vehicle market has been experiencing rapid growth, driven by increasing awareness of environmental issues and the need to reduce carbon emissions. Telo’s focus on efficiency and practicality positions it as a frontrunner in the electrification of commercial transportation, attracting attention from investors looking to support innovative solutions with a positive impact on the planet.

With the new funding in place, Telo is poised to expand its operations, enhance its technology, and forge partnerships with key stakeholders in the electric vehicle ecosystem. The company’s commitment to sustainability and performance places it at the forefront of the electric truck revolution, paving the way for a cleaner and more efficient future in transportation.

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.

Big Sur AI, a Mountain View, CA-based. Developer of an artificial intelligence (AI) tool designed to boost e-commerce sales. The company’s platform helps to increase sales by optimizing the conversion funnel, operational efficiency by streamlining customer service, and getting deeper insights with less manual effort using the power of AI, enabling retailers to boost their sales and streamline their marketing process.

Big Sur AI was funded $6.9 million was led by Lightspeed Venture Partners with participation from Capital F and angel investors.

The influx of capital will enable Big Sur AI to further develop and enhance its innovative AI Sales Agent, a cutting-edge solution designed to revolutionize sales strategies for e-commerce merchants. The AI Sales Agent utilizes advanced machine learning algorithms to analyze customer behavior, predict purchasing patterns, and personalize product recommendations in real time.

With this new round of funding, they are excited to accelerate the development of their AI Sales Agent and empower e-commerce merchants with actionable insights and personalized sales strategies.

The AI Sales Agent aims to address common challenges faced by e-commerce businesses, such as cart abandonment, low conversion rates, and ineffective marketing campaigns. By leveraging AI technology, merchants can optimize their sales funnels, increase customer engagement, and drive revenue growth.

They believe that AI has the potential to transform the e-commerce landscape, and their goal is to empower merchants of all sizes to thrive in a competitive market.

Big Sur AI’s innovative approach to AI-driven sales optimization has already garnered significant interest from e-commerce businesses looking to stay ahead of the curve. With the latest funding round, the company is well-positioned to continue its growth trajectory and make a lasting impact on the future of e-commerce sales strategies.

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.

Limbic is a NYC- and London, UK-based developer of a therapy assistant platform designed to improve people’s mental health and lives. The company’s platform is developing a scalable method to meet the growing mental health problem. It utilizes an AI-enabled wearable device to measure heartbeats and machine learning to uncover the user’s emotional state, enabling professionals to improve the mental condition of patients by understanding interactions between two humans.

Limbic was funded $14 million and led by Khosla Ventures, with participation from angel investors of Gaingels and Illusian. The investment is set to accelerate the development and deployment of Limbic’s cutting-edge AI-powered mental health support platform, which aims to provide accessible, personalized, and timely mental health support using advanced AI algorithms.

Limbic’s platform utilizes natural language processing and machine learning techniques to analyze user interactions and provide tailored mental health insights. The platform offers users a unique and highly personalized experience by combining data-driven approaches with evidence-based therapeutic practices.

The recent surge in mental health awareness has highlighted the need for innovative solutions to address the growing mental health crisis. Limbic’s technology-driven approach promises to bridge the gap in mental health care by making support more widely available and reducing the stigma associated with seeking help.

Dr. Ross Harper, co-founder and CEO of Limbic, expressed gratitude for the support from investors and emphasized the company’s commitment to positively impacting global mental health. This funding is a significant milestone for Limbic, and they are excited about the opportunity to develop their platform further and reach more individuals needing mental health support. Their vision is to leverage AI to provide personalized and empathetic care, making mental health resources accessible to everyone.

The funds will be allocated to expanding the team of experts in AI, mental health, and user experience design. Additionally, Limbic aims to enhance its platform’s capabilities and ensure it complies with the highest data security and privacy standards.

The positive reception from investors underscores the growing recognition of the importance of leveraging technology to address mental health challenges. As Limbic continues to push the boundaries of AI-powered mental health support, it is poised to contribute significantly to the ongoing efforts to destigmatize mental health care and provide meaningful assistance to individuals worldwide.

By: K. Tagura

Author statement:

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.

PawCo, a San Francisco, CA-based. The operator of a subscription-based food platform intended to provide vegan pet foods. The company’s platform offers plant-based meat that is nutritious and delicious for pets, enabling customers to get healthy food for their pets.

PawCo was funded $2 million, led by Elevate Ventures and other angel investors such as Arash Ferdowsi. The company aims to leverage cutting-edge AI technology to create nutritionally balanced and sustainable alternatives for canine companions.

The company’s commitment to using artificial intelligence to optimize the formulation of plant-based diets for dogs has garnered significant attention and support from animal lovers and environmentally conscious investors.

PawCo’s proprietary AI algorithms analyze a vast array of data, including canine nutritional needs, breed-specific requirements, and the latest scientific research on plant-based diets for dogs. This innovative approach ensures that each product is tailored to meet the individual nutritional needs of different breeds and sizes.

The startup’s commitment to sustainability is a critical factor in attracting investors. Traditional pet food production, often reliant on meat-based ingredients, has been linked to environmental concerns, including deforestation and high greenhouse gas emissions. PawCo’s plant-based approach aims to address these issues, offering a more eco-friendly alternative without compromising pets’ nutritional needs.

Dr. Mahsa Vazin, Founder of PawCo, said they believe in positively impacting both pet health and the environment. Their plant-based dog food is nutritionally complete and contributes to a more sustainable and ethical pet food industry.

The recent funding will be allocated towards further research and development, expanding the product line, and increasing production capacity. PawCo plans to collaborate with veterinarians, nutritionists, and environmental experts to refine their formulations and ensure that their plant-based offerings meet the highest quality and safety standards.

As the pet industry continues to evolve with a focus on health, sustainability, and innovation, PawCo’s success highlights the growing demand for alternatives that prioritize the well-being of pets and the planet. The company is poised to significantly impact the pet food landscape, setting a new standard for responsible and technologically advanced nutrition for our four-legged companions.

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.

PermitFlow is a Milpitas, California-based developer of a permit application management platform designed to simplify and speed up the process of obtaining construction permits. The company’s software handles permit application preparation, filling, and submitting to municipalities, along with identifying an optimal permitting path, enabling builders. contractors, architects, developers, and owners with a nuanced understanding of detailed rules, processes, and paperwork for moving forward with construction projects.

PermitFlow was funded $31 million led by prominent investor Kleiner Perkins with participation from Felicis, Altos Ventures, Initialized Capital, Y Combinator, ConTech, workflow software, and AI angel investors.

The company aims to use the newly secured funds to enhance its platform further, expand its reach, and accelerate the adoption of its cutting-edge solutions.

PermitFlow’s platform is designed to address one of the most cumbersome aspects of construction projects – the permitting process. Traditionally known for being time-consuming, bureaucratic, and prone to delays, obtaining permits has been a central pain point for construction companies worldwide. PermitFlow, however, has emerged as a game-changer by leveraging technology to simplify and expedite these processes, making them more efficient and cost-effective.

With a focus on automation, artificial intelligence, and data analytics, PermitFlow’s platform streamlines communication between construction teams and regulatory bodies. By digitizing and centralizing the permitting workflow, the platform reduces paperwork, minimizes manual errors, and significantly reduces the time required to secure approvals. This expedites project timelines and results in substantial cost savings for construction companies.

The new funding round signifies a decisive vote of confidence from investors who recognize PermitFlow’s potential to bring about transformative changes in the construction industry. The company plans to use the funds to invest in research and development, enhance its technological infrastructure, and scale its operations to cater to a broader market.

Francis Thumpasery, CEO and Founder of PermitFlow said they are thrilled to have the support of their investors as they continue their mission to revolutionize the construction industry. The funding will enable them to develop their platform further, reach more clients, and ultimately make the construction permitting process faster and more cost-effective for everyone involved.

As the construction industry increasingly embraces digital solutions to improve efficiency and sustainability, PermitFlow stands at the forefront, offering a promising solution to a longstanding challenge. With the recent funding injection, the company is well-positioned to lead the way in transforming how construction projects navigate the often-complex landscape of regulatory approvals.

By: K. Tagura

Author statement:

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.

Dapple Security is a Denver, CO-based developer of a digital security technology platform designed to protect human digital identity. The company’s technology utilizes responsible biometrics and privacy by design principles and, with the help of its passwordless platform, enables enterprises to defend against phishing and other cyber-attacks.

Dapple Security was funded $2.3 million. The investment will be instrumental in advancing Dapple’s innovative cybersecurity solutions tailored for a sector often overlooked and susceptible to cyber-attacks.

Small and mid-sized businesses constitute a significant portion of the global economy, yet they frequently need more resources and robust cybersecurity measures that larger enterprises employ. Recognizing this vulnerability, Dapple Security aims to level the playing field by providing cutting-edge cybersecurity solutions designed for businesses of this scale.

The funding round was led by prominent venture capital firms First In, ex/ante, Access Ventures, Techstars, and other strategic angel investors who recognize the critical importance of fortifying the digital defenses of smaller enterprises. Dapple’s approach focuses on creating accessible and affordable cybersecurity solutions that cater to small and mid-sized businesses’ unique needs and challenges.

CEO of Dapple Security, Gadalia Montoya Weinberg O’Bryan, expressed gratitude for the support and emphasized the company’s commitment to empowering smaller businesses in the digital age. Their mission is to democratize cybersecurity. Small and mid-sized businesses are the backbone of their economy and deserve top-notch protection against evolving cyber threats.

Dapple’s innovative cybersecurity suite encompasses threat detection, data encryption, and proactive monitoring to shield businesses from cyber threats, including phishing attacks, ransomware, and data breaches. The platform is designed to be user-friendly and scalable, allowing businesses to integrate and manage their cybersecurity defenses easily.

The investment comes when cyber-attacks on small and mid-sized businesses are on the rise, with threat actors increasingly targeting these entities due to perceived vulnerabilities. The funds raised will accelerate product development, expand the Dapple Security team, and enhance customer support services.

Dapple Security’s commitment to bolstering the cybersecurity posture of small and mid-sized businesses is a significant step towards creating a more resilient and secure digital landscape for all. As the company continues to innovate and evolve, the impact on the cybersecurity landscape for smaller enterprises is expected to be profound, marking a positive shift towards a more inclusive and protected digital ecosystem.

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.

Ezra is a NYC-based developer of screening equipment designed to make early cancer screening detection more accessible and affordable. The company’s equipment uses artificial intelligence to run MRI scans analyzed by expert radiologists in a single session and analyze.

Ezra was funded $21 million led by Healthier Capital and FirstMark Capital, with participation from Allianz Life Ventures, the Schwarzman family, former Chairman of England’s National Health Service (NHS) Lord David Prior, strategic angel investors of Gaingels, Republic, Mana Ventures, and existing investors.

The funds will be instrumental in advancing their cutting-edge technology, which aims to revolutionize the landscape of cancer diagnosis.

Ezra’s innovative approach involves leveraging AI algorithms to analyze medical imaging data, enabling the early detection of various types of cancer. With this new injection of capital, the company is poised to accelerate its research and development efforts, enhance its AI capabilities, and broaden the scope of its early detection platform.

The company’s mission is to make cancer screening more accessible, efficient, and accurate, leading to earlier intervention and better chances of successful treatment.

Ezra’s CEO, Emi Gal, expressed gratitude for the support and emphasized the transformative potential of their AI-powered solution. They are thrilled to have the backing of our investors as they continue to push the boundaries of what is possible in early cancer detection. This funding will enable them to expand their research, strengthen their partnerships, and ultimately bring their technology to more people around the globe.

The company’s AI algorithms are designed to analyze various medical imaging modalities, including magnetic resonance imaging (MRI) scans, to identify potential signs of cancer at an early stage. By focusing on early detection, Ezra aims to improve survival rates and reduce late-stage cancer diagnoses’ economic and emotional impact.

Ezra’s success in securing new funding underscores the growing interest and confidence in the potential of AI to transform healthcare. As the company continues to advance its technology, the impact on the field of oncology could be profound, offering new hope for individuals at risk of developing cancer and providing healthcare professionals with powerful tools for more effective diagnosis and treatment planning.

With this latest funding boost, Ezra is well-positioned to cement its role as a leader in the intersection of AI and healthcare further, bringing us one step closer to a future where early cancer detection is not only possible but also more accessible than ever before.

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.

CARPL is a San Francisco, CA-based developer of a medical imaging platform intended to accelerate the discovery, validation, and deployment of artificial intelligence strategies in clinical practice. The company’s platform provides a single user interface, procurement, and integration channel for medical imaging, enabling radiologists to seamlessly adopt artificial intelligence strategies that improve the quality and efficiency of care.

In a significant stride towards advancing healthcare technology, CARPL, a leading player in radiology artificial intelligence (AI) applications, announced CARPL was funded $6 million in a recent funding round. Stellaris Venture Partners led the investment round with the participation of angel investors from Novo Holdings, Leapfrog PE, Bain & Co., Boston Consulting Group, United Health, and others.

CARPL specializes in developing cutting-edge AI applications that enhance the efficiency and accuracy of radiological diagnostics. With the newly acquired funds, the company plans to accelerate its research and development efforts, expand its team of experts, and strengthen its market presence.

The demand for AI-powered solutions in radiology has been steadily increasing as healthcare providers seek innovative tools to improve patient care, reduce diagnosis time, and optimize resource utilization. CARPL’s suite of AI applications offers a range of features, including image analysis, anomaly detection, and predictive modeling, providing radiologists with invaluable support in interpreting medical images.

The funding round attracted significant attention from investors who recognize the immense potential of AI in revolutionizing the healthcare sector, particularly in diagnostic imaging. CARPL’s commitment to pushing the boundaries of what is possible in radiology AI has positioned the company as a critical player in this rapidly evolving industry.

Dr. Vidur Mahajan, CEO of CARPL, expressed gratitude for the support from investors and outlined the company’s vision for the future. The funding allows them to continue their mission of harnessing the power of artificial intelligence to transform radiological diagnostics. They are dedicated to creating solutions that streamline the workflow for healthcare professionals and contribute to improved patient outcomes.

The funds will also forge strategic partnerships with healthcare institutions and industry stakeholders. Collaborations with research centers and hospitals will enable CARPL to validate and refine its AI algorithms, ensuring that they meet the highest standards of accuracy and reliability.

The radiology AI applications market is expected to grow substantially in the coming years, driven by advancements in machine learning, computer vision, and healthcare data analytics. CARPL’s recent funding round positions the company as a frontrunner in this dynamic market, poised to contribute significantly to the evolution of diagnostic imaging practices.

By: K. Tagura

Author statement:

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.

Isaac Health is a NYC-based provider of digitally enabled dementia care designed for brain health and cognitive care. The company’s platform improves quality, experience, and MLR by increasing diagnosis rates and giving patients better access to specialist care and management. It offers prevention of memory and cognitive decline, diagnosis of mental conditions, and management and monitoring of cognitive conditions, enabling hospitals to screen, diagnose, and treat dementia.

Isaac Health was funded $5.7 million, led by prominent investors. Meridian Street Capital and B Capital with participation from Primetime Partners, Co-Found Partners, VU Venture Partners, and angel investors from AirAngels.

The investment will be instrumental in accelerating the company’s mission to revolutionize the delivery of dementia care through innovative virtual solutions.

Isaac Health’s platform combines cutting-edge artificial intelligence and telehealth capabilities to offer personalized and accessible care for individuals affected by neurological conditions.

Isaac Health’s virtual platform provides users comprehensive tools to assess, monitor, and manage brain health. The platform uses machine learning algorithms to analyze various data, including cognitive assessments, lifestyle factors, and medical history, to generate personalized care plans tailored to everyone’s unique needs.

The infusion of capital will scale up Isaac Health’s operations, expanding access to its virtual brain health and dementia care services. This includes further development of the platform’s features, such as advanced diagnostic capabilities, improved user interfaces, and integration with wearable devices to enhance real-time monitoring.

The funding round attracted participation from several strategic investors with healthcare, technology, and impact investing expertise. The strong backing from these investors underscores the confidence in Isaac Health’s innovative approach to addressing the growing challenges posed by dementia and related neurological conditions.

As the world grapples with an aging population, the demand for effective and scalable solutions for dementia care continues to rise. Isaac Health’s virtual brain health platform is well-positioned to meet this demand, offering a holistic and tech-driven approach to improve the lives of individuals affected by cognitive disorders.

By: K. Tagura

Author statement:

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.

Talofa Games is a San Francisco, CA-based social fitness gaming software operator intended to bring people from all walks of life together in the real world. The company’s artificial intelligence-based software features augmented reality social running games that combine live audio coaching with virtual running companions to explore new locations and provide personalized stories and feedback based on current location, enabling fitness and gaming enthusiasts to improve their mental and physical health.

Talofa Games was funded $6.3 million in a recent funding round. This significant capital injection is poised to catapult the company to new heights, enabling the development of innovative titles and expanding its operations to reach a wider audience.

Talofa Games has been at the forefront of the intersection between technology, gaming, and fitness, aiming to make exercising enjoyable and accessible. The latest funding round, led by Chamaeleon, with participation from a16z SPEEDRUN, Basis Set Ventures, Insight Partners, and 1Up Ventures, among other strategic angel investors, underscores the growing interest and confidence in the potential of social fitness gaming.

The CEO of Talofa Games, Jenny Xu, expressed gratitude for the support from investors and shared the company’s vision for the future. This funding will play a crucial role in their mission to redefine fitness by blending cutting-edge gaming experiences with social interaction. They believe combining technology and fitness in a social context can revolutionize how people approach a healthy lifestyle.

The funds will primarily be allocated towards developing new social fitness games that leverage the latest advancements in augmented reality (AR) and virtual reality (VR) technologies. Talofa Games aims to create immersive and engaging experiences that motivate users to stay active while connecting with others in a virtual environment.

Much of the funding will also be directed towards expanding Talofa Games’ operations. This expansion includes hiring top talent in the gaming and fitness industries, establishing strategic partnerships, and increasing marketing efforts to raise awareness about the benefits of social fitness gaming.

Industry experts are closely watching Talofa Games, anticipating the company’s continued impact on the gaming and fitness landscape. With a proven track record of delivering innovative and entertaining experiences, Talofa Games is well-positioned to lead the evolution of social fitness gaming.

By: K. Tagura

Author statement:

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.