Hi there and welcome to Funded, where we spotlight the early-stage bets on the future of tech. This week: an $11M Series A for a startup taking a safety-first approach to AI in healthcare. Amigo AI is building patient-facing agents, but with a training model that looks a lot more like medical school than traditional […]
“As an Oura employee, you wake up in the morning and you know you’re doing work that’s going to affect a lot of people’s lives in a positive way.” – Tom Hale, CEO, Oura Labs For most of his life, Tom Hale considered himself a “championship sleeper.”? “I can fall asleep at a moment’s notice […]
“We want to break finance free from behind the desk work, connect all the stakeholders in a business so they become a trust advisor, and turn the CFO into the Chief Performance Officer driving performance in the business and making better decisions.” — Julio Martinez, co-founder and CEO of Abacum Abacum co-founder and CEO Julio […]
Arpan Bhattacharya is CEO of The Intelligent Search Company, a startup building AI for adversarial environments. He describes what it takes to build “noise cancellation for decision-making.” When shopping online, context is everything. You either know exactly what to look for, or you find yourself browsing endlessly or typing vague queries into a search bar, […]
This week, we saw a major vote of confidence in vertical AI. Basis just raised a nine-figure Series B as accounting firms lean into end-to-end agents across tax, audit, and client services. Basis has raised $100 million in Series B funding at a $1.15 billion valuation, led by Accel, with participation from GV and Lloyd […]
“You have to make your organization legible to AI.” – Jennifer Smith, co-founder and CEO, Scribe When Jennifer Smith and Aaron Podolny set out to build Scribe, they didn’t start with a product idea. They started with a question: How is work actually getting done inside organizations? To find out, they interviewed around 1,200 executives. […]
Most compliance software adds visibility. Sphinx wants to do the work. The San Francisco–based fintech startup just raised a $7.1 million seed round led by Cherry Ventures, with participation from Y Combinator, Rebel Fund, Deel Ventures, and Singularity Capital Its pitch is simple: compliance isn’t primarily a technology problem, it’s an operations problem, and AI […]
“Wouldn’t it be great if we could actually do a different way of doing banking, lending or consumer finance in Colombia?” – Santiago Suarez, co-founder and CEO, Addi When Santiago Suarez talks about why he started Addi, a Colombian credit and buy now, pay later platform, he doesn’t begin with technology, funding rounds or market […]
Hi there and welcome to Funded, where we spotlight early-stage bets on the future of tech. This edition looks at Bretton AI, a fintech that’s raising big to make “trust” a core product feature for financial crime operations. Bretton AI has raised a $75 million Series B to turn compliance work into something banks can […]
After years of regulatory paralysis, the floodgates have opened for new bank charters from fintech companies. Zero fintech-related banks were chartered during the Biden administration’s four years. Now, barely a year into the Trump administration, we’re seeing preliminary approvals announced almost weekly, with over 30 applications in various stages of review. But preliminary approval is […]