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Figure drops OpenAI in favor of in-house models

Figure drops OpenAI in favor of in-house models
PrivCo's Daily Stack ® is a daily financial newsletter, where you'll find the latest fundings and deals in the private market.
February 6, 2025

What We're Reading

Trending Companies

 

FREEDX, a company that develops cryptocurrency exchange platform built by traders, for traders, raises $50MM Equity Funding from Undisclosed Investors.

Cryptocurrency • San Salvador, El Salvador

 

UVeye, a developer of automated vehicle-inspection systems for the auto industry, raises $41MM Equity Funding from Woven Capital.

Recognition • Teaneck, NJ • Post-Money Valuation

 

Bluwhale AI, a firm that develops a platform for decentralized knowledge data that enables Dapps to add intelligence via API calls, raises $100MM Series A from Elevate Ventures.

Web3 • Santa Clara, CA • Post-Money Valuation

 

Veir, a firm that develops evaporative cryogenic cooling, raises $75MM Series B from Munich Re Ventures.

Semiconductors • Boston, MA • Post-Money Valuation

 

Paxton AI, a generative AI legal assistant that helps law professionals with regulatory intelligence, raises $22MM Series A from Unusual Ventures.

Compliance • Palo Alto, CA • Post-Money Valuation

 

Safelyyou, a technology firm that uses AI for health fall detection and prevention, enable the medical practitioners to medication adherence, behavioral monitoring, managing false alarms, memory care and occupational therapy issues, raises $43MM Series C from Touring Capital.

Artificial Intelligence • San Francisco, CA • Post-Money Valuation

 

KODE Health, an on-demand medical coding solution for maximum flexibility, quality and control for systems, raises $27MM Series B from Noro-Moseley Partners.

Software • Holland, MI • Post-Money Valuation

 

Medsender, a developer of an AI Medical Assistant that brings complete practice automation to healthcare with the most accurate AI for medical practices, raises $5MM Series A from Ballast Point Venture.

Virtual Assistant • New York, NY • Post-Money Valuation

 

Athenic AI, a developer of an analytics platform powered by AI that allows businesses to analyze your data using natural questions, raises $4.3MM Equity Funding from BMW i Ventures.

Data Analytics • San Francisco, CA • Post-Money Valuation

 

Freeze, a provider of proactive offensive security and attack surface protection solutions, raises $2.6MM Seed from Undisclosed Investors.

Content Management • Boston, MA • Post-Money Valuation

 

Imvax, a clinical-stage biotechnology company developing personalized, whole tumor-derived immunotherapies, raises $29MM Equity Funding from Undisclosed Investors.

Biotechnology • Philadelphia, PA • Post-Money Valuation


DCWU, a company that operates in the software & internet services industry, raises $2MM Equity Funding from OpenAI.

Artificial Intelligence • Mountain View, CA • Post-Money Valuation

 

Hone Health, a company that operates an online clinic that provides preventative and proactive longevity care, raises $33MM Series A from Tribe Capital.

Telehealth • New York, NY • Post-Money Valuation

 

Eclypsium, a company that provides cloud-based enterprise device security platform designed to defend the unguarded firmware and hardware infrastructure of the modern enterprise, raises $45MM Series C from Pavilion Capital Partners.

Cyber Security • Portland, OR • Post-Money Valuation

 

VideaHealth, a developer of dental diagnostic software solutions, raises $40MM Series B from Emily Melton.

Health Care Technology • Boston, MA • Post-Money Valuation

 

Anchor, a company that operates in the software & internet services industry, raises $20MM Series A from Oren Zeev.

Automation • New York, NY • Post-Money Valuation

 

Ruder acquires Big Sky, a company that provides customer marketing services and solutions.

Marketing • San Jose, CA • Deal

 

Fenix24 acquires vArmour, a company that reduces risk and increases operational resilience by detecting and visualizing application relationships based on dynamic mapping.

Cyber Security • San Mateo, CA • Deal

 

Aspen acquires Advanced Orthopaedics, a company that manufactures high quality orthopedic braces, supports and other non-invasive orthotic rehabilitation products.

Rehabilitation • Harleysville, PA • Deal

 

FleetPride acquires ARS Truck, a firm that provides fleet and truck repair services.

Repair & Maintenance • New Castle, DE • Deal

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