Category: angel investors

Upfort is a San Francisco, CA-based cybersecurity software developer designed to offer comprehensive protection services. The company’s software provides phishing simulation, public Wi-Fi protection, inbox protection, password management, and cyber liability insurance, enabling clients to secure their business activities against modern cyber threats.

Upfort was funded $8 million led by SYN Ventures, with participation from Eniac Ventures, Fika Ventures, Altai Ventures, Chaos Ventures, Aquila Capital Partners, angel investors in Gaingels, and Cyber Mentor Fund. This investment advances Upfort’s goal to simplify how brokers and insurers sell insurance and shield their clients from cyber threats.

Upfort specializes in providing a comprehensive suite of services and tools to safeguard enterprises against a wide array of cyber threats, including malware, ransomware, data breaches, and other malicious activities that have become more sophisticated and prevalent in recent years.

The company’s flagship product, FortiGuard, combines artificial intelligence, machine learning, and behavioral analytics to detect and respond to threats in real-time. It allows businesses to predict and mitigate risks, helping them maintain business continuity in the face of unexpected cyber incidents.

They plan to allocate the funding towards expanding its research and development efforts, scaling its sales and marketing initiatives, and enhancing customer support. The company’s ultimate goal is to empower businesses of all sizes to protect their digital assets effectively and minimize the risks associated with cybersecurity breaches.

Upfort is well-positioned to help businesses navigate the complex and ever-changing threat landscape. As cyber threats continue to evolve, Upfort’s mission to provide proactive cybersecurity measures is a significant step towards securing the digital future of organizations worldwide.

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.

Upland, a Palo Alto, CA-based and developer of an online game designed to offer nonfungible token-based virtual real estate trading built on blockchain. The metaverse company’s game allows players to buy, sell, trade, and develop virtual properties that are based on real-world addresses that ensure true ownership for the players, enabling users to keep virtual digital properties and encash their game winnings in fiat currency.

Upland was funded $7 million led by prominent investors EOS Network Ventures as a new investor, alongside participation from existing investors C3 Venture Capital, Animoca Brands, and angel investors.

The company intends to use the fund to help Upland expand its metaverse offerings and enhance its Spark token’s utility in the digital world.

Upland, a leading player in the emerging metaverse sector, offers a unique digital experience where users can buy, sell, and trade virtual properties using blockchain technology. The platform has gained significant popularity among users looking to invest in virtual real estate and participate in a dynamic online community.

The investment will be allocated towards several key areas:

Metaverse Expansion: Upland will use the funds to further develop its metaverse, adding new virtual locations and features to provide an even more immersive and engaging experience for users.

Spark Token Enhancements: Upland’s native digital currency, Spark, plays a crucial role in the platform’s economy. The funding will be used to enhance the functionality and tradeability of the Spark token, making it more versatile for users within the Upland metaverse.

Community Building: The company aims to invest in community-building efforts, fostering a vibrant ecosystem of users who contribute to the growth and evolution of the platform.

Upland has seen substantial growth in its user base since its launch, with virtual property purchases, sales, and in-game activities driving a vibrant virtual economy. With the additional funding, Upland is poised to take the next step in the evolution of the metaverse, bringing more utility and interactivity to the digital world.

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.

Urban Sky is a Denver, CO-based developer of remote sensing vehicles intended to provide high-resolution earth observation data. The company’s vehicle leverages advances in component miniaturization to provide regular mapping changes above cities to imaging large, remote areas and assets, enabling clients to get precise satellite imagery by reducing the cost of high-resolution remote sensing and weather-related data.

Urban Sky was funded $9.75 million, led by New Legacy Ventures, Lerer Hippeau, and Lavrock Ventures, with participation from Catapult Ventures, Union Labs VC, DA Ventures (a Denver Angel investors Affiliate), and TenOneTen Ventures.

The company intends to use the funds to scale its commercial imaging operation, develop advanced stratospheric technology, and broaden its sensor portfolio.

Urban Sky’s breakthroughs in stratospheric technology offer exciting possibilities for industries such as agriculture, environmental monitoring, disaster management, and telecommunications. The company’s unique approach involves deploying high-altitude balloons equipped with state-of-the-art imaging equipment, providing a cost-effective and flexible means of collecting critical data.

CEO of Urban Sky, Andrew Antonio, expressed enthusiasm for the support the company has received. It underscores the importance of their work in pushing the boundaries of stratospheric technology and commercial imaging. They’re excited to have the backing of such esteemed investors who share their vision for a more connected and sustainable world.

Urban Sky’s approach offers a more cost-effective alternative to traditional satellite technology. High-altitude balloons can be launched quickly and at a fraction of the cost of orbital satellites, making data acquisition more accessible for businesses and organizations.

This new capital injection will enable Urban Sky to expand its fleet of stratospheric balloons, enhance imaging capabilities, and further its research and development efforts. It will also help the company broaden its reach and explore new industry partnership opportunities.

The successful funding round is a testament to the growing demand for innovative Earth observation and stratospheric technology solutions. As Urban Sky continues to break new ground in these fields, the future looks promising for the company and its mission to make the world more connected and informed.

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.

Class Companion, a San Francisco, CA-based. Developed a social studies artificial intelligence assistant to help social studies teachers assess written assignments. The company offers features such as immediate personalized feedback, generates instant progress reports, focuses on lesson planning, and provides teachers with help related to assignments.

Class Companion was funded $14 million, led by Index Ventures, with participation from the OpenAI Startup Fund and notable angel investors, including renowned operator and advisor Gokul Rajaram, Managing Director of Otherwise Fund Terrence Rohan, and AI luminary Andrej Karpathy, founding Research Scientist at OpenAI and former Senior Director of AI at Tesla.

Funds will be used to improve the teacher experience and expand the team as teachers use their expertise to shape the AI to help students learn in new and exciting ways.

The platform’s primary focus is to offer a personalized and adaptable learning environment for students of all ages and backgrounds. Class Companion leverages artificial intelligence and machine learning to assist teachers with lesson planning, grading, and content curation tasks. The platform tailors its recommendations and suggestions by analyzing student performance data and behavior to help educators create more effective and engaging lessons.

Index Ventures, a leading investor in educational technology companies, believes that Class Companion can potentially disrupt the traditional education landscape. They are thrilled to support Class Companion’s mission to bring cutting-edge AI technology to the classroom.

Class Companion to accelerate its growth and reach a wider audience of educators and students. Key areas of development include:

Expansion of Educational Content: Class Companion plans to collaborate with educational content providers to offer a broader and more diverse range of materials for teachers and students.

Integration of New Features: The company intends to enhance its AI platform by introducing new features and functionalities, making it even more valuable for educators.

Scalability: Class Companion aims to expand its user base across various educational institutions, from K-12 schools to higher education and vocational training centers.

Research and Development: A significant portion of the funding will be allocated to ongoing research and development efforts, ensuring that the platform remains at the forefront of AI technology in education.

User Support and Training: Class Companion will invest in robust user support and training resources to ensure educators can make the most of the platform.

Class Companion is well-positioned to continue reshaping the education landscape, ushering in a new era of AI-powered teaching and learning. As technology plays a pivotal role in education, platforms like Class Companion are at the forefront of the transformation, promising a more efficient and engaging educational experience for students 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.

Nexusflow, a Palo Alto, CA-based, Developer of AI-based conversational interface designed for security tools. The company’s platform attempts to synthesize data from various security knowledge sources and tap into existing security tools via APIs by leveraging open-source large language models that operate behind a customer’s firewall or in the cloud, enabling enterprises to control the security software and get metrics and insights using natural language commands.

Nexusflow was funded $10.6 million led by Point72 Ventures, with participation from Fusion Fund and other angel investors in Silicon Valley, to accelerate the development of its generative AI platform, expand its team of world-class researchers and engineers, and strengthen its market presence.

Nexusflow’s generative AI technology is designed to enhance the efficiency and effectiveness of security tools by leveraging artificial intelligence and machine learning algorithms. By continuously learning from vast datasets of cyber threats and vulnerabilities, Nexusflow’s AI-powered solutions can autonomously adapt and evolve to combat emerging threats in real-time, helping organizations stay one step ahead of cybercriminals.

AI experts Professor Kurt Keutzer co-founder of Nexusflow expressed his enthusiasm for the funding and its potential impact. Their mission at Nexusflow is to make the digital world safer for everyone. This funding will allow them to further innovate and refine our generative AI solutions, enabling organizations to defend against ever-evolving cyber threats more effectively. They are excited to continue working alongside our partners and clients to create a more secure online environment.

Nexusflow’s generative AI technology has gained attention for its ability to adapt and evolve autonomously, reducing the need for manual intervention and lowering the risk of human error in cybersecurity operations. By harnessing the power of generative AI, organizations can significantly bolster their defenses against a wide range of cyber threats, from malware and phishing attacks to zero-day vulnerabilities.

With the additional funding in place, Nexusflow is poised to further advance the field of generative AI for security tools and contribute to a safer and more secure digital world. The company’s innovative solutions are expected to play a pivotal role in addressing the evolving cybersecurity threats that organizations face in an increasingly interconnected digital landscape.

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.

TeachMe.To, a San Diego, CA-based, is a community of adventurous learners. They believe that the good life is defined by magical growth experiences. Moments when something clicks, and you feel the euphoria of victory and discovery. Their focus is delivering more of those moments.

TeachMe.To was funded $2 million, led by 1984 Ventures with participation from Common Metal, Alumni Ventures, as well as a syndicate of angel investors, including Sam Altman, CEO of OpenAI; Ben Lauzier, former VP of Product & Growth at Thumbtack; Vivek Patel, former CPO at Yelp; and Brent Turner, President of Rover.

The funding will be utilized to scale the platform, introduce a dedicated app for learners, and broaden its scope beyond sports-related offerings.

TeachMe.To has been making waves in the education technology sector, offering a unique approach to learning that combines personalized instruction with high-quality content. The platform has gained significant traction, especially in the realm of sports education, where it has empowered coaches and athletes to enhance their skills and knowledge.

The new funding will play a pivotal role in TeachMe.To’s expansion strategy, enabling the company to take its mission of accessible and effective education to the next level. Key highlights of the funding round and the company’s future plans include:

1. Scaling the Platform: TeachMe.To plans to expand its platform’s capabilities, adding more courses, interactive features, and tools to further enhance the learning experience. This scaling effort aims to cater to a wider audience, including learners of all ages and backgrounds.

2. Launching a Learners-Centric App: One of the most exciting developments is the launch of a dedicated app for learners. This app will provide learners with easy access to courses, assignments, progress tracking, and communication with instructors. It’s designed to be user-friendly and enhance engagement with the learning process.

3. Expanding Beyond Sports: While TeachMe.To initially gained recognition for its sports-related courses, the company is now committed to expanding its content library across various subjects and disciplines. This expansion will offer learners a broader array of educational opportunities.

As the global demand for online education continues to rise, TeachMe.To’s expansion and dedication to improving learning outcomes position it as a major player in the edtech industry. With the introduction of a student app and a broader course catalog, TeachMe.To is poised to make a significant impact on the way people learn, regardless of their interests or backgrounds.

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.

Boxbot, an Alameda, CA-based developer of a parcel logistics automation platform designed to solve core operational challenges throughout parcel delivery networks. The company’s platform incorporates the use of robotics and automated systems to address the last-mile issues in logistics with the help of an automated buffering storage and retrieval system, enabling businesses and individuals to optimize the experiences of suppliers and consumers.

Boxbot was funded $12 million led by Playground Global. Maersk Growth, Toyota Ventures, Pear Ventures, and other strategic angel investors of Artiman Ventures also participated. Playground Global Venture Partner Richard Peretz, former CFO at UPS. This significant infusion of capital is poised to propel the company to new heights as it seeks to transform the parcel storage industry with innovative, cost-effective robotic technology.

Boxbot’s mission is to simplify and enhance the way packages are stored, sorted, and delivered in a world driven by e-commerce and rapid delivery demands. Their approach combines advanced robotics, artificial intelligence, and sustainability to provide efficient, affordable, and eco-friendly solutions for businesses and consumers alike.

The recent investment round, led by prominent venture capital firms and strategic investors, will enable Boxbot to accelerate the development and deployment of its robotic parcel storage systems. This funding will support Boxbot’s ongoing efforts to streamline package management for e-commerce companies, retailers, and logistics providers.

The parcel storage and logistics industry is undergoing a transformation due to the increasing demand for speedy, efficient, and cost-effective solutions. With the growth of e-commerce and same-day delivery expectations, companies are actively seeking ways to optimize their supply chains and distribution networks.

Boxbot’s innovative approach to parcel storage has the potential to disrupt the industry by providing an affordable alternative to traditional methods. By reducing the need for extensive manual labor and offering scalable solutions, Boxbot is well-positioned to address the evolving needs of businesses operating in the digital age.

As e-commerce continues to thrive and logistics networks evolve, Boxbot’s innovative approach to parcel storage could prove to be a game-changer, ultimately benefiting businesses and consumers through faster, greener, and more affordable delivery solutions. Keep an eye on Boxbot as it aims to reshape the future of parcel storage with its pioneering robotics technology.

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.

Mujin, a Tokyo, Japan- and Atlanta, GA-based. Developer of industrial robots designed to simplify factory automation and increase worldwide manufacturing productivity. The company’s platform aids most robots in the market, can optimize offline motions for complex robot constraints, and fully integrates into complex real-time systems with machine vision and programmable logic controllers, enabling businesses to automate heavy and simple work done by humans at the logistics and manufacturing sectors.

Mujin was funded $85 million led by SBI Investment Co., Ltd. in Japan, along with Pegasus Tech Ventures, 7-Industries from the Netherlands, corporate investor Accenture, and angel investor Dr. James Kuffner. The funding secured by Mujin will be used to accelerate the development of their intelligent robotic control systems and expand their global reach. By making these technologies more accessible and user-friendly, the company hopes to empower businesses to automate tasks that were previously considered too challenging or costly.

Mujin has long been at the forefront of robotics innovation, specializing in the development of intelligent robotic control systems. These systems are designed to simplify and enhance the deployment of robots in industries ranging from logistics and manufacturing to e-commerce and beyond. By leveraging cutting-edge technologies such as computer vision, artificial intelligence, and machine learning, Mujin enables robots to adapt to dynamic environments and perform tasks with precision and efficiency.

Traditionally, integrating robots into existing workflows has been a complex and expensive endeavor, often requiring extensive programming and customization. Mujin’s technology aims to change this paradigm by providing user-friendly interfaces and plug-and-play solutions that make automation more approachable for businesses of all sizes.

Mujin’s success story also sheds light on the broader trends in the robotics and automation industry. As labor shortages and supply chain disruptions continue to affect various sectors, the demand for automation solutions is on the rise. With its vision of democratizing robotics, Mujin is well-positioned to play a pivotal role in shaping the future of automation, helping businesses thrive in an increasingly competitive and unpredictable world.

As the fourth industrial revolution gains momentum, Mujin’s commitment to enhancing the accessibility of intelligent robotic automation is a promising sign of the transformative potential of technology. Mujin is poised to lead the charge towards a future where robots work seamlessly alongside humans, revolutionizing industries and creating new opportunities for innovation and growth.

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.

Atomicwork, a San Francisco, CA-based and developer of technology tools designed for customers, employees, partners, and the entire workforce experience community. The company’s tool offers benefits such as an employee service concierge to find answers, raise requests and get approvals quickly, invisible tools and processes, seamless interactions and workflows, networked information for everyone, and more, thereby helping to connect the gaps between employees, operations teams, and all the tools used at the workplace.

Atomicwork was funded $11 million, led by Blume Ventures and Matrix Partners with participation from Storm Ventures, Neon Fund, and angel investors. The investment will be used to scale operations, hire additional talent, and invest in research and development to stay at the forefront of AI-driven workforce management solutions. Atomicwork’s commitment to improving the relationship between companies and their employees through innovative AI technology positions it as a leader in the evolving field of HR tech.

Atomicwork’s platform leverages artificial intelligence to bridge the gap between employees and their respective companies, offering a comprehensive suite of tools designed to improve communication, productivity, and overall job satisfaction.

The Core Features of Atomicwork’s Platform Include:

AI-Powered Communication: Atomicwork utilizes AI algorithms to enhance communication between workers and their companies. This includes personalized messaging, chatbots, and automated notifications to keep employees informed and engaged.

Task Management: The platform streamlines task allocation and tracking, making it easier for both management and employees to monitor progress and ensure deadlines are met.

Performance Analytics: Atomicwork provides data-driven insights into employee performance, allowing companies to make informed decisions about promotions, training, and resource allocation.

Employee Feedback: The platform encourages employees to provide feedback and suggestions anonymously, fostering a culture of openness and continuous improvement within organizations.

Skills Development: Atomicwork offers personalized training recommendations and resources to help workers upskill and advance their careers within their current companies.

The additional funding will enable Atomicwork to enhance its AI algorithms, develop new features, and expand its customer base. The company has already seen significant traction in industries ranging from manufacturing to tech, where the demand for streamlined workforce management solutions is high.

As the global workforce undergoes significant transformations, Atomicwork’s vision for AI-driven workforce management could play a pivotal role in shaping the future of work, fostering more productive and fulfilling relationships between employees and their employers.

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.

Arkifi, a Palo Alto, CA-based Arkifi, is revolutionizing the finance industry by putting the power of a digital financial analyst at your fingertips. No longer tethered to the monotonous task of manual model building in spreadsheets, Arkifi empowers finance professionals to strategize and innovate and, as a result, generate alpha.

Arkifi was funded $9 million led by Khosla Ventures and Nyca Partners, with participation from Soma Capital, MVP Ventures, GSBackers, Valiant Capital Employee Fund, Correlation VC, G&H Partners, and other strategic angel investors. The funds will be used to further develop and enhance their cutting-edge AI-based solutions to revolutionize financial analysis and decision-making.

Arkifi has gained significant attention for its innovative approach to financial analysis, which utilizes advanced artificial intelligence and machine learning algorithms to analyze vast amounts of data and provide insights that aid in investment decisions, risk assessment, and market trend predictions. Their tools suite caters to individual investors and financial institutions, providing them with data-driven insights and predictive analytics that were previously only accessible to a limited number of experts.

Arkifi’s tools have gained traction due to their ability to process and analyze market data in real time, identifying patterns and trends that can impact investment decisions. By harnessing the power of AI, Arkifi aims to level the playing field by providing retail investors and smaller financial firms with the tools they need to make informed choices in an increasingly complex economic landscape.

The financial technology sector has seen a surge in investment as companies continue to disrupt traditional financial services by integrating AI and machine learning.

As the fintech landscape continues to evolve, Arkifi’s advancements in AI-powered financial analysis tools are poised to be pivotal in reshaping the industry’s future. With this recent funding injection, the company is well-positioned to expand its offerings, refine its technology, and further solidify its presence in the rapidly changing financial technology sector.

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.