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 2/8/25 featuring funding details for Little Otter, Nextworld, BlinkRx, and fifteen other deals representing $767.6M in new funding that you need to know about.
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BlinkRx – $140.0M
HEALTHTECH
New York-based BlinkRx is a prescription access platform that connects patients to branded medications, ensuring transparent pricing and home delivery. Founded by Geoffrey Chaiken and Matthew Chaiken in 2014, BlinkRx has now raised a total of $315.0M in reported equity funding and is backed by 1789 Capital.
Tidal Vision – $140.0M
CLEANTECH
Bellingham-based Tidal Vision manufacturers chitosan-based bimolecular solutions for some of humanity’s greatest chemistry and pollution challenges. Founded by Craig Kasberg and Zach Wilkinson in 2015, Tidal Vision has now raised a total of $201.7M in reported equity funding and is backed by Blue Oceans Partners, Cambridge Companies, Convent Capital, Eni Next, IDO Investments, KIRKBI, MBX Capital, and Milliken & Company.
Semgrep – $100.0M
SECURITY
San Francisco-based Semgrep is an application security platform that scans code for bugs, security vulnerabilities, and enforce coding standards. Founded by Drew Dennison, Isaac Evans, and Luke O’Malley in 2017, Semgrep has now raised a total of $193.0M in reported equity funding and is backed by Felicis, Harpoon, Lightspeed Venture Partners, Menlo Ventures, Redpoint, and Sequoia Capital.
Hidden Level – $65.0M
SECURITY
Syracuse-based Hidden Level provides airspace monitoring and drone detection technologies to secure infrastructure and address national security threats. Founded by Gary Dominicos, Jeffrey Cole, and Kevin Nasman in 2018, Hidden Level has now raised a total of $120.9M in reported equity funding and is backed by Booz Allen Ventures, Costanoa Ventures, DFJ Growth, Founders Circle Capital, Revolution Capital Group, Veteran Ventures Capital, and Washington Harbour Partners.
Nextworld – $65.0M
ENTERPRISE SOFTWARE
Denver-based Nextworld provides an enterprise cloud development platform and applications built on that platform. Founded by Axel Allgeier, Kylee McVaney Lourie, and Vito Solimene in 2016, Nextworld has now raised a total of $65.0M in reported equity funding and is backed by McVaney Investment Partnership.
Berry Street – $50.0M
HEALTHTECH
Brooklyn-based Berry Street offers treatment for disordered eating, heart health, PCOD, liver disease, women’s health, sports nutrition, and diabetes. Founded by Jesse Rose and Noah Kotlove in 2022, Berry Street has now raised a total of $59.2M in reported equity funding and is backed by FJ Labs, Northzone, and Sofinnova Partners.
MagicSchool AI – $45.0M
EDTECH
Denver-based MagicSchool AI is an AI platform in education and growing technology for schools. Founded by Adeel Khan in 2023, MagicSchool AI has now raised a total of $62.4M in reported equity funding and is backed by Adobe Ventures, Atreides Management, Bain Capital Ventures, Smash Capital, and Valor Equity Partners.
Riot – $30.0M
CYBERSECURITY
San Francisco-based Riot develops an employee-focused cyber-protection software platform for fighting phishing attempts. Founded by Benjamin Netter and Louis Cibot in 2020, Riot has now raised a total of $71.8M in reported equity funding and is backed by Base10 Partners, FundersClub, Left Lane Capital, and Y Combinator.
Lynx – $27.0M
FINTECH
Boston-based Lynx provides an API-driven platform for businesses to integrate healthcare financial services, payments, banking, and investments. Founded by Ken Abel and Matt Renfro in 2021, Lynx has now raised a total of $44.5M in reported equity funding and is backed by .406 Ventures, CVS Health Ventures, Flare Capital Partners, Frist Cressey Ventures, McKesson Ventures, and Obvious Ventures.
Jump – $20.0M
FINTECH
Salt Lake City-based Jump is an AI assistant for financial advisors that automatically creates notes, manages tasks, and streamlines compliance. Founded by Adam Kirk, Parker Ence, and Tim Chaves in 2023, Jump has now raised a total of $24.6M in reported equity funding and is backed by Battery Ventures, Citi Ventures, Pelion Venture Partners, and Sorenson Capital.
TrueFoundry – $19.0M
ARTIFICIAL INTELLIGENCE
San Francisco-based TrueFoundry is an enterprise platform that helps enterprise teams build, deploy, and manage large language model applications at scale. Founded by Abhishek Choudhary, Anuraag Gutgutia, and Nikunj Bajaj in 2021, TrueFoundry has now raised a total of $21.3M in reported equity funding and is backed by Ankit Sobti, Cyan Banister, Eniac Ventures, Gokul Rajaram, Intel Capital, Jump Capital, Lenny Rachitsky, Mohit Aron, Peak XV Partners, and Trajectory Ventures.
Ivo – $16.0M
LEGALTECH
San Francisco-based Ivo provides AI-powered contract review solutions, automating analysis, redlining, and compliance for legal teams. Founded by Jacob Duligall and Min-Kyu Jung in 2021, Ivo has now raised a total of $22.2M in reported equity funding and is backed by Blackbird Ventures, Costanoa Ventures, Daniel Gross, Fika Ventures, GD1, NFDG Ventures, Phase One Ventures, and Uncork Capital.
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Cognida.ai – $15.0M
ARTIFICIAL INTELLIGENCE
Lincolnshire-based Cognida.ai is an AI-first company that helps their customers harness the power of Artificial Intelligence and Analytics. Founded by Feroze Mohammed in 2022, Cognida.ai has now raised a total of $19.7M in reported equity funding and is backed by Nexus Venture Partners.
Beamable – $13.5M
GAMING
Boston-based Beamable develops a decentralized infrastructure for gaming to add social, commerce, and content management features to their games. Founded by Jon Radoff and Trapper Markelz in 2010, Beamable has now raised a total of $36.0M in reported equity funding and is backed by 2 Punks Capital, Advancit Capital, Arca, BITKRAFT Ventures, Defy.vc, GrandBanks Capital, Polygon Ventures, P² Ventures, Scytale Digital, and Solana Foundation.
Little Otter – $9.5M
MENTAL HEALTH
San Francisco-based Little Otter is a children’s mental health company that developed an app that focuses on the mental health of children and their families. Founded by Helen Egger and Rebecca Egger in 2020, Little Otter has now raised a total of $35.7M in reported equity funding and is backed by CRV, Fiore Ventures, G9 Ventures, Gratitude Railroad, Next Legacy Partners, Pivotal Ventures, Springbank Collective, and Torch Capital.
TaxGPT – $4.6M
ARTIFICIAL INTELLIGENCE
San Francisco-based TaxGPT uses artificial intelligence and tax information to automate tax filing. Founded by Isabella Ali and Kashif Ali in 2023, TaxGPT has now raised a total of $5.1M in reported equity funding and is backed by Converge, CRV, Goodwater Genesis, iSeed Ventures, Jason Calacanis, Kulveer Taggar, Launch Alaska, Mangusta Capital, Rebel Fund, TRAC, and Y Combinator.
Trayd – $4.5M
CONSTRUCTION
New York-based Trayd is a construction payroll platform that offers time-tracking, payroll automation, and people management services. Founded by Anna Berger and Cara Kessler in 2021, Trayd has now raised a total of $7.0M in reported equity funding and is backed by Bloomberg Beta, Suffolk Technologies, and Y Combinator.
Invary – $3.5M
SECURITY
Lawrence-based Invary specializes in runtime integrity solutions that ensure the security and confidentiality of systems using NSA-licensed technology. Founded by Jason Rogers, Perry Alexander, and Wesley Peck in 2019, Invary has now raised a total of $5.4M in reported equity funding and is backed by Flyover Capital, Hyperlink Ventures, KCRise Fund, and SineWave Ventures.
