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OpenAI inks deal to train AI on Reddit data

OpenAI inks deal to train AI on Reddit data
PrivCo's Daily Stack ® is a daily financial newsletter, where you'll find the latest fundings and deals in the private market.
May 20, 2024

What We're Reading

Trending Companies


Truveris, a developer of a pharmacy benefits procurement and insights platform, raises $15MM Series E from Canaan Partners.

Benefits • Wilmington, DE • Post-Money Valuation


Youth, a firm that develops digital media network and commerce marketplace for youth sports content community of professional and collegiate athletes, coaches, performance psychologists, trainers and leaders, raises $4.5MM Seed from Will Ventures.

Digital Media • Nashville, TN • Post-Money Valuation


Harness, a company that develops a delivery-as-a-service platform to simplify the software delivery process, raises $150MM Equity Funding from Silicon Valley Bank.

Enterprise Software • San Francisco, CA • Post-Money Valuation


Steno, a company that developed a platform that provides court reporting services, raises $46MM Equity Funding from Undisclosed Investors.

Legal Tech • Los Angeles, CA • Post-Money Valuation


Lumo, a firm that develops smart irrigation systems for the agriculture sector, raises $7MM Equity Funding from Active Impact Investments.

AgTech • Santa Rosa, CA • Post-Money Valuation


Polymarket, a firm that develops an information markets platform intended for traders, raises $45MM Series B from Founders Fund.

Blockchain • New York, NY • Post-Money Valuation


Chapter, a provider of a medicare navigation platform that helps simplify and optimize medicare for patients, customers and clients, raises $50MM Series C from XYZ Venture Capital.

Insurance • New York, NY • Post-Money Valuation


FinLocker, a firm that offers a consumer-enabled financial data platform that gives lenders access to critical borrower information via a trusted 3rd party that can be used to streamline the origination and underwriting processes for mortgages and other financial products, raises $17MM Series B from Radian Group.

Consumer Software • Saint Louis, MO • Post-Money Valuation


Nabla Bio, an antibody designed platform that develops proteins for medical and industrial applications through machine learning, raises $26MM Series A from Radical Ventures.

Biotechnology • Cambridge, MA • Post-Money Valuation


LanceDB, a developer-friendly, open source database for multimodal AI, raises $11MM Seed from Charles River Ventures.

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



Restaurant365, a company that develops an all-in-one restaurant enterprise management software, raises $175MM Equity Funding from ICONIQ Growth.

Cloud • Irvine, CA • Post-Money Valuation


Alkira, a network infrastructure as-a-service company that unifies multiple clouds, sites, and users via an enterprise network, raises $100MM Series C from Tiger Global Management.

Network Infrastructure • San Jose, CA • Post-Money Valuation


Cover Genius, a company that develops an insurance distribution platform designed to protect the customers of the online companies, raises $80MM Series E from Spark Capital.

Insurtech • New York, NY • Post-Money Valuation


CRMBonus, a company that develops customer relationship management software, raises $75MM Series B from Bond Capital.

Customer Relationship Management (CRM) • Sao Paulo, Brazil


Gaussian, a firm that develops and manufactures AI-powered cleaning solutions such as floor cleaning robots, docking stations, cloud platform and application software, raises $50MM Series D from Undisclosed Investors.

Artificial Intelligence • Shanghai, China


Fidelity Building Services acquires Compressor Energy Services, a compressed air systems consulting company specializing in optimizing the efficiency of the supply and demand side of compressed air systems in large industrial facilities.

Consulting • Merrimack, NH • Deal


Health Fitness acquires Professional Fitness Management, a provider of amenity services in the fitness, wellness, and aquatic domains.

Facilities Services • Arlington, VA • Deal


EasyKnock acquires HomePace, a home equity investment tech company that provides homeowners and homebuyers with financial flexibility through accessible home equity.

Fintech • Park City, UT • Deal


Wolf & Company acquires Treehouse Technology Group, a provider of data strategy consulting and a cutting-edge data analytics tool.

Systems Integration • Marlborough, MA • Deal


Cardinal Health acquires Innara Health, a firm that develops and manufactures medical devices intended to assist in the feeding of premature infants and improve feeding outcomes.

Medical Devices • Olathe, KS • Deal

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