OpenAI raises $110B in one of the largest private funding rounds in history; Handl Health raises $14MM Series A from Arthur Ventures

Daily list of private company financial insights
March 2, 2025

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PrivCo's Daily Stack ® is a daily financial newsletter,
where you'll find the latest fundings and deals in the private market.

Trending Companies

Allica Bank, a firm that provides banking services such as asset finance and commercial mortgages, raises $155MM Series D from GLG Partners.

Banking (4,264) • Bishopsgate Ward, United Kingdom

 

Abram Scientific, a company that manufactures POC Coagulation Diagnostics, raises $11.8MM Series A from Octapharma.

Medical Devices (2,029) • South San Francisco, CA • Post-Money Valuation

 

Elly, a firm that develops an AI-native recruiting platform designed to turn hiring activity and conversations into actionable insights, raises $8MM Equity Funding from Sorenson Capital.

Platform (2,848) • New York, NY • Post Money Valuation

 

Profitmind, a firm that develops digital technology designed to assist retailers in winning digital consumers, raises $9MM Series A from Accenture Ventures.

Big Data (2,479) • Pittsburgh, PA • Post Money Valuation

 

T54 Labs, a provider of a layer service for the agentic economy, raises $5MM Seed from Anagram Ventures.

Software (27,884) • Dublin, CA • Post Money Valuation

 

NationGraph, a firm that develops artificial intelligence-based procurement platform designed to combine data, contracts, and market signals in one place and convert them into quick insights that help drive deals forward, raises $18MM Series A from Menlo Ventures.

Artificial Intelligence (6,531) • Dover, DE • Post Money Valuation

 

Guidde, a firm that provides AI-powered video documentation services, raises $50MM Series B from PSG Equity.

Generative AI (346) • Belmont, CA • Post-Money Valuation

 

TBD, a firm that offers a prediction market protocol designed to measure verified human sentiment, raises $3MM Equity Funding from CMT Digital.

Predictive Analytics (582) • New York, NY • Post Money Valuation

 

Croissant Pay, a company that developed a fintech platform that focuses on international commerce, raises $28MM Equity Funding from George Roberts.

Fintech (3,418) • Nashville, TN • Post Money Valuation

 

Profound, a developer of a search engine optimization tool designed for artificial intelligence (AI) search optimization, raises $96MM Series C from Lightspeed Venture Partners.

Optimization (691) • New York, NY • Post-Money Valuation

Revel Software, a company that builds a comprehensive hardware control platform - combining an intuitive command/control interface, a specialized programming language tailored to hardware control, and a high performance runtime environment, raises $150MM Series B from Index Ventures.

Software Engineering (92) • Los Angeles, CA • Post Money Valuation

 

OpenAI, a company that develops an AI-based research and deployment platform designed to ensure that general-purpose artificial intelligence benefits all of humanity, raises $110BN Equity Funding from Amazon.com, Inc.

Enterprise Software (5,983) • Los Angeles, CA • Post Money Valuation

 

Dealer Services Network acquires MVD Express, a company that provides licenses/Real ID, titles, registrations, call center support and dealer services.

Consumer Services (15,427) • Albuquerque, NM • Deal

 

AUI acquires Quack AI, a company that develops a customer support automation platform designed for SaaS companies.

Artificial Intelligence (6,531) • San Francisco, CA • Deal

 

ERT acquires Sev1Tech, a company that delivers IT modernization, cloud, cybersecurity, engineering, and mission support services to U.S. government agencies and commercial clients in defense, intelligence, homeland security, health, and space sectors, enabling secure digital transformation and critical mission success through innovative, practical solutions.

IT Consulting (18,007) • Woodbridge, VA • Deal

 

Arcline Investment Management intends to acquire HII Group, a supplier of integrated products, services and support to military forces, aviation and commercial industries, government agencies and prime contractors worldwide.

Machinery (13,534) • Chatsworth, CA • Deal

 

WSP Global acquires TRC, a company that provides consulting, engineering and construction management services.

Engineering (66,386) • Windsor, CT • Deal

 

Huitt-Zollars acquires Vasquez Marshall Architect, a company that offers architecture and planning services.

Project Management (2,024) • San Diego, CA • Deal

 

Anthropic acquires Vercept AI, a company that develops an AI platform for automating tasks such as data entry, video content production, organizing invoices and more.

Automation (2,997) • Seattle, WA • Deal

 

Summit Partners invests in Stay22 Technologies, a developer of a content monetization platform that helps publishers, creators, and events & ticketing platforms drive new revenue from their content through travel partnerships.

Content Marketing (33) • Montreal, Canada
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