Reddit is testing a new AI search feature for shopping; Project Omega raises $12MM Seed/Angel from Starship Ventures

Daily list of private company financial insights
February 23, 2025

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

Trending Companies
 

Venice Security, a company that developed a modern Privileged Access Management platform, raises $25MM Series A from Undisclosed Investors.

Software (27,867) • New York, NY • Post Money Valuation

 

Cogent Security, a company that specializes in AI-powered cybersecurity solutions, specifically an autonomous vulnerability management platform designed to address the challenges of increasing vulnerabilities and AI-equipped attackers by reducing manual intervention for security, IT, and engineering teams, raises $42MM Series A from Bain Capital Ventures.

Cyber Security (3,153) • San Francisco, CA • Post Money Valuation

 

Avantos, a firm that develops an AI-native operating system designed to connect client data, teams, and processes across the relationship lifecycle, raises $35MM Series A from Bessemer Venture Partners.

Artificial Intelligence (6,513) • New York, NY • Post Money Valuation

 

Aliro Quantum, a company that offers AliroNet, a software to emulate, pilot, and deploy entanglement-based quantum networks that are capable of running a wide variety of applications from secure communications to clustered quantum computing and distributed quantum sensing, raises $15MM Equity Funding from Gutbrain Ventures.

Software (27,867) • Brighton, MA • Post Money Valuation

 

Novig Sweeps, a firm that develops a commission-free sports betting platform designed for users to bet and trade on multiple sporting events, raises $75MM Series B from Pantera Capital.

Online Games (295) • New York, NY • Post Money Valuation

 

Synchrony Medical, a company that develops a respiratory therapy device designed to provide treatment for chronic obstructive pulmonary disease (COPD), raises $5MM Equity Funding from Edge Medical Ventures.

Medical Devices (2,027) • Jersey City, NJ • Post Money Valuation

 

Selector Software, a software company that provides AIOps platform for operational intelligence, raises $32MM Equity Funding from AVP alongside Ansa Capital.

Artificial Intelligence (6,513) • Santa Clara, CA • Post Money Valuation

 

Summit Pay, a firm that develops an invoicing and collections platform designed to help businesses get paid on time and manage accounts receivable efficiently, raises $15MM Series A from Edison Partners.

Payments (1,511) • Nashville, TN • Post Money Valuation

 

Inkind Cards, a financial technology company that operates a dining-focused platform that provides consumers with credit bonuses and rewards at partner restaurants while offering hospitality groups an alternative form of financing, raises $450MM Equity Funding from Matt Hulsizer.

Fintech (3,408) • Austin, TX • Post Money Valuation

 

Efficient Computer, a company that develops energy-efficient programmable computer processors, raises $60MM Series A from Triatomic Capital.

Technology Hardware (2,595) • Pittsburgh, PA • Post Money Valuation

Monark Markets, a company that develops a security trading platform designed to access a wide range of private market assets, including pre-IPO, late-stage venture and secondary growth equity, raises $8.1MM Equity Funding from F Prime.

Fintech (3,408) • New York, NY • Post-Money Valuation

 

Jump AI, a company that develops an AI assistant for financial advisors that automatically creates notes, manages tasks, and streamlines compliance, raises $80MM Series B from Insight Partners.

Generative AI (345) • Salt Lake City, UT • Post-Money Valuation

 

Sift Bio, a firm that develops next-generation immunomodulators designed to treat cancer and autoimmune diseases, raises $3.7MM Pre-Seed from LifeSpan Vision Ventures.

Biotechnology (5,639) • San Carlos, CA • Post-Money Valuation

 

PolyGone Systems, a cleantech firm that provides an environmentally friendly microplastic sequestration device for environmental remediation, raises $4MM Seed from Fyrfly Venture Partners.

CleanTech (469) • Kearny, NJ • Post-Money Valuation

 

Onshore, a firm that develops a credit automation tool designed to simplify the research and development tax credit, raises $31MM Series B from FPV Ventures.

Big Data (2,477) • Wilmington, DE • Post-Money Valuation

 

Databricks, a company that develops a unified data analytics platform, raises $2BN Debt Funding from JPMorgan Chase.

Analytics (6,237) • San Francisco, CA • Post-Money Valuation

 

eBay intends to acquire Depop, a circular fashion marketplace for buying, selling, and discovering desirable, affordable secondhand fashion.

Marketplace (1,821) • London, United Kingdom

 

Innovia Consulting acquires 365 Vertical, a firm that provides Microsoft Dynamics 365 support and implementation services intended to serve hospitality, marina management and food and beverage manufacturing sectors.

Document Management (824) • Mississauga, Canada

 

The Stonewall acquires Architectural Alliance, a firm that provides architectural design services intended for retail, hospitality, mixed-use development, commercial, corporate, institutional, and other sectors.

Architecture (5,978) • Wilmington, DE • Deal

 

Catalio Capital Management invests in ProSomnus Sleep Technologies, a company that develops and manufactures intraoral devices designed to treat obstructive sleep apnea.

Medical Devices (2,027) • Pleasanton, CA • Deal
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