Series A activity: Week of April 14, 2025
There were 21 Series As in the last week that raised a total of $416 million. The average deal size was $20 million while the median was $12 million.
Summary Stats
Data for Series A deals done worldwide (ex-China) where amount raised is greater than $5M and the company is not focused on therapeutics
Interesting Series A Deals
Exaforce raised $75 million at an unknown valuation from Khosla Ventures, Mayfield Fund, and Thomvest Ventures on April 17, 2025. The CEO is Ankur Singla. Exaforce is based in San Jose, CA. Exaforce is a developer of a cloud security platform designed to enhance cloud infrastructure and remediate security threats. Website: www.exaforce.com
Goodfire raised $50 million at an unknown valuation from Menlo Ventures on April 17, 2025. The CEO is Eric Ho. Goodfire is based in San Francisco, CA. Goodfire is a developer of an interpretability tooling system designed for safe and reliable generative artificial intelligence (AI) models. Website: www.goodfire.ai
Revel raised $23.1 million at an unknown valuation from Thrive Capital on April 17, 2025. The CEO is Scott Morton. Revel is based in Los Angeles, CA. Revel is a developer of a hardware control platform designed to empower engineers to write control software. Website: www.revel.io
Loti raised $16.2 million at an unknown valuation from Khosla Ventures on April 15, 2025. The CEO is Luke Arrigoni. Loti is based in Seattle, WA. Loti is a developer of a brand protection platform designed to protect celebrities from unauthorized use of their likeness. Website: www.lotiai.com
All Series A Deals
ANAFLASH raised $5.57 million at a $31 million valuation from Stonebridge Ventures (Seoul) on April 15, 2025. The CEO is Seung-Hwan Song. ANAFLASH is based in Sunnyvale, CA. ANAFLASH is a developer of a flash-based smart microprocessor designed for battery-powered edge devices to run real-time artificial intelligence inferencing securely. Website: www.anaflash.com
Doss raised $18 million at an unknown valuation from Theory Ventures on April 15, 2025. The CEO is Arnav Mishra. Doss is based in San Francisco, CA. Doss is a developer of a resource platform designed to create custom workflows. Website: www.doss.com
Loti raised $16.2 million at an unknown valuation from Khosla Ventures on April 15, 2025. The CEO is Luke Arrigoni. Loti is based in Seattle, WA. Loti is a developer of a brand protection platform designed to protect celebrities from unauthorized use of their likeness. Website: www.lotiai.com
NetRise raised $10 million at a $91 million valuation from DNX Ventures on April 15, 2025. The CEO is Thomas Pace. NetRise is based in Austin, TX. NetRise is a developer of the cloud-based platform designed to provide comprehensive insight into the many risks present in the firmware. Website: www.netrise.io
Phantom Neuro raised $19 million at a $53.9 million valuation from Ottobock on April 15, 2025. The CEO is Connor Glass. Phantom Neuro is based in Austin, TX. Phantom Neuro is an operator of a neurotechnology company intended to bridge the gap between modern-day robotics and individuals with limb differences. Website: www.phantomneuro.com
Blue Onion Labs raised $10 million at an unknown valuation from Viola FinTech on April 16, 2025. The CEO is Lyndsey Bunting. Blue Onion Labs is based in New York, NY. Blue Onion Labs is a developer of enterprise fintech software designed to help companies trace and reconcile financial transactions across multiple systems. Website: www.blueonion.ai
Capsule raised $18.21 million at an unknown valuation from Innovation Endeavors on April 16, 2025. The CEO is Mitchell Bennett. Capsule is based in Miami, FL. Capsule is a developer of browser-based video editing technology designed for collaborative content creation and automated post-production purposes. Website: www.capsule.video
Crytica Security raised $8.23 million at an unknown valuation on April 16, 2025. The CEO is C. Kerry Nemovicher. Crytica Security is based in Reno, NV. Crytica Security is a developer of a cybersecurity technology designed to tackle the growing spread of cybercrime attacks hitting companies, big and small. Website: www.cryticasecurity.com
Deck raised $12 million at an unknown valuation from Infinity Ventures(Palo Alto) on April 16, 2025. The CEO is Yves-Gabriel Leboeuf. Deck is based in Montreal, Canada. Deck is a developer of a data infrastructure platform designed to enable access to user-permissioned data across diverse industries and geographies. Website: www.deck.co
HData raised $12.37 million at an unknown valuation from Buoyant Ventures on April 16, 2025. The CEO is Hudson Hollister. HData is based in Birmingham, AL. HData is a developer of a data analysis platform intended to help regulatory teams to manage and understand energy data. Website: www.hdata.com
Healthera raised $7.26 million at a $16.7 million valuation from Accelerated Digital Ventures and Committed Capital Financial Services on April 16, 2025. The CEO is Quintus Liu. Healthera is based in Cambridge, United Kingdom. Healthera is a developer of health management application designed to connect patients with pharmacists. Website: www.healthera.co.uk
Magma raised $5 million at an unknown valuation from 3one4 Capital, Capria Ventures, and Orios Venture Partners on April 16, 2025. The CEO is Neal Thakker. Magma is based in Ahmedabad, India. Magma is a developer of a procurement platform designed to provide a cross-border marketplace for building materials. Website: magmagroup.in
Tapcheck raised $50 million at an unknown valuation from PeakSpan Capital on April 16, 2025. The CEO is Ron Gaver. Tapcheck is based in Plano, TX. Tapcheck is a developer of an earned fintech access platform designed for employees to improve financial flexibility. Website: www.tapcheck.com
Cy4Data Labs raised $10 million at an unknown valuation from Pelion Venture Partners on April 17, 2025. The CEO is Lance Smith. Cy4Data Labs is based in San Jose, CA. Cy4Data Labs is a developer of an advanced data security system intended to protect unlimited data fields, tables and records across on-premise, cloud and SaaS environments. Website: www.cy4datalabs.com
Eratani raised $6.2 million at an unknown valuation from Clay Capital (Singapore) on April 17, 2025. The CEO is Andrew Soeherman. Eratani is based in South Jakarta, Indonesia. Eratani is a developer of an integrated agricultural technology designed to support farmers across Indonesia. Website: www.eratani.co.id
Exaforce raised $75 million at an unknown valuation from Khosla Ventures, Mayfield Fund, and Thomvest Ventures on April 17, 2025. The CEO is Ankur Singla. Exaforce is based in San Jose, CA. Exaforce is a developer of a cloud security platform designed to enhance cloud infrastructure and remediate security threats. Website: www.exaforce.com
Goodfire raised $50 million at an unknown valuation from Menlo Ventures on April 17, 2025. The CEO is Eric Ho. Goodfire is based in San Francisco, CA. Goodfire is a developer of an interpretability tooling system designed for safe and reliable generative artificial intelligence (AI) models. Website: www.goodfire.ai
Huug raised $6 million at an unknown valuation from Kaylim Capital on April 17, 2025. The CEO is Eli Blumstein. Huug is based in Woodmere, NY. Huug is a designer of mesh lined bras with bonded in pads intended to sell tailored performance menswear and innovative bras. Website: www.huug.com
Revel raised $23.1 million at an unknown valuation from Thrive Capital on April 17, 2025. The CEO is Scott Morton. Revel is based in Los Angeles, CA. Revel is a developer of a hardware control platform designed to empower engineers to write control software. Website: www.revel.io
System Initiative raised $6.25 million at an unknown valuation on April 17, 2025. The CEO is Adam Jacob. System Initiative is based in San Francisco, CA. System Initiative is a developer of an infrastructure automation platform designed to specialize and manage large production systems. Website: www.systeminit.com
Toku raised $48 million at an unknown valuation from Gradient Ventures and Oak HC/FT on April 17, 2025. The CEO is Cristina Etcheberry. Toku is based in Santiago, Chile. Toku is a developer of an online financial platform designed to let companies automate collections of recurring revenue and facilitate the payment process. Website: www.trytoku.com
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Disclosures
This material is intended for information purposes only and does not constitute investment advice, a recommendation or an offer or solicitation to purchase or sell any securities to any person in any jurisdiction in which an offer, solicitation, purchase or sale would be unlawful under the securities laws of such jurisdiction. Unless otherwise stated, all views or opinions herein are solely those of the author(s), and thus any view, comments, or outlook expressed in this communication may differ substantially from any similar material issued by other persons or entities. The information contained in this communication is based on generally available information and although obtained from sources believed to be reliable, its accuracy and completeness cannot be assured and such information may be incomplete or condensed. The information in this communication does not constitute tax, financial, or legal advice.
This is great info. It would be really helpful to also see year over year stats. How is this year shaping up vs last year?