Perplexity, a San Francisco, CA-based AI-powered search company, has secured $62.7 million in Series B1 funding, valuing the company at more than $1 billion. The company has introduced Perplexity Enterprise Pro for B2B, catering to enterprise demand with enhanced security and control. Investors The round was led by Daniel Gross, …
Upstage, a South Korea-based AI startup specializing in large language models (LLMs) and document AI, has raised $72 million in a Series B funding round, bringing its total raised to over $100 million. Investors The round was led by a consortium of prominent investors, including SK Networks, KT, Korea Development …
ProcMart, a New Delhi, India-based B2B marketplace, specializing in supply chain solutions, has secured $30 million in a Series B funding round. Investors The round was led by Fundamentum Partnership and Edelweiss Discovery Fund, with participation from South Korea-based Paramark Ventures. Founded in 2017, Fundamentum Partnership is a venture capital …
KODE Labs, a Detroit, MI-based autonomous smart building startup, has closed $30 million in Series B funding. Investors The round was spearheaded by Maverix Private Equity. Notable participation came from esteemed partners such as TELUS Ventures and existing investor I Squared Capital. Maverix Private Equity is a private equity firm …
Dot Compliance, a Phoenix, AZ-based startup that provides an AI-powered quality management system for compliance, has secured $17.5 million in a Series B extension round, bringing its total funding to $50 million. Investors The round was led by existing investors IGP Capital and Vertex Ventures, with additional investment from TPY …
Sprinto, a Bangalore, India-based security compliance and risk platform, has closed a $20 million Series B funding round, bringing its total capital raised to $31.8 million. Investors The round was led by Accel, with participation from existing investors Elevation Capital and Blume Ventures. Founded in 1983, Accel is a seed …
Veremark, a London, UK-based global background screening company, has raised $3 million in pre-Series B funding, bringing its total funding to over $16 million. Investors The investment was led by Samaipata and Stage 2 Capital, with additional participation from ACF Investors and Vulpes Investment. Samaipata is a venture capital investment …
