Circadian Risk, an Ann Arbor, MI–based developer of enterprise risk analysis SaaS and scenario-based assessment products, has raised $6 million in Series A funding. Investors The oversubscribed round was led by Arthur Ventures, with participation from Roll Tack Ventures and existing investors 11 Tribes and Tamiami Angel Funds. Arthur Ventures …

Letter AI, a Chicago, IL–based AI-native revenue enablement platform, has raised $40 million in a Series B funding round. Investors The round was led by Battery Ventures, with participation from Y Combinator, Lightbank, Northwestern Mutual Future Ventures, Stage 2 Capital, and existing investors. Battery Ventures partners with exceptional founders and …

The New Era of Shopping (Era), a Budapest and San Francisco–based startup providing an agentic commerce platform, has raised $1.4 million in a pre-Seed round. Investors The round was co-led by Presto Ventures and an NYC-based AI accelerator Alliance, with participation from a16z Scout Fund, super angels including Cory Levy, …

Lystio, a Vienna, Austria-based proptech startup operating an AI-native real estate portal, has raised €500,000 in a funding round. Investors The round was backed by Austrian investors and international business angels from Silicon Valley, including an early Google employee. Lystio Use of Funds The company will use the funds to …

Sherpas, a San Francisco, CA–based AI-native infrastructure platform for wealth management firms, has raised $3.2 million in Seed funding. Investors The round was led by 1248, with major participation from AUA Private Equity Capital and GoHub Ventures, alongside strategic investors and advisory firms across the wealth management industry. 1248 Holdings …

Portkey, a San Francisco, CA–based unified control plane for production AI, has raised $15 million in Series A funding. Investors The round was led by Elevation Capital, with participation from Lightspeed. Elevation Capital is an India-focused venture capital firm (formerly SAIF Partners) with over $2.6 billion in assets under management. …

Mojro, a Bengaluru, India–based provider of a logistics management SaaS platform, has raised $3 million in funding. Investors The round was led by IAN Alpha Fund, with participation from 1Crowd and existing investors. IAN Alpha Fund is a $100 million early-stage venture capital fund launched by the IAN Group (formerly …