Torq, a New York–based AI security operations platform, has raised $140 million in a Series D funding round at a $1.2 billion valuation. Investors The round was led by Merlin Ventures, with participation from existing investors including Evolution Equity Partners, Notable Capital, Bessemer Venture Partners, Insight Partners, and Greenfield Partners. …
PolyAI, a New York–based company specializing in enterprise conversational AI solutions, has raised $86 million in a Series D funding round. Investors The round was co-led by Georgian, Hedosophia, and Khosla Ventures, with participation from NVentures, British Business Bank, Citi Ventures, Squarepoint Ventures, Sands Capital, Zendesk Ventures, and Point72 Ventures. …
fal, a San Francisco, CA-based platform for real-time generative media, has raised $140 million in Series D funding. Investors The round was led by Sequoia, with major participation from Kleiner Perkins and new investments from Alkeon Capital and NVentures, alongside existing investors. Sequoia Capital is a venture capital firm headquartered …
Eon, a New York–based cloud backup platform, has raised $300 million in Series D funding, bringing its total capital raised to $500 million. Investors The round was led by Elad Gil of Gil Capital, with participation from returning investors Sequoia Capital, Lightspeed Venture Partners, Greenoaks, and BOND, tripling Eon’s valuation …
Federato, a San Francisco, CA–based AI-native insurance platform, has raised $100 million in Series D funding, bringing its total funding to over $180 million. Investors The round was led by Growth Equity at Goldman Sachs Alternatives, with participation from returning investors Emergence Capital, Caffeinated Capital, StepStone Group, and Pear VC. …
Cursor, a San Francisco, CA–based AI development platform, has raised $2.3 billion in Series D funding, bringing the company’s post-money valuation to $29.3 billion. Investors The round included continued support from Thrive, a16z, Accel, and DST, with new participation from Coatue, NVIDIA, and Google. Cursor Use of Funds The capital …
Metropolis, a Los Angeles, CA-based company that applies artificial intelligence to real-world environments, has secured $1.6 billion in financing. Investors The round includes a $1.1 billion Term Loan B arranged by JPMorgan Chase Bank, N.A., and a $500 million Series D equity funding led by a fund managed by LionTree. …
