The Weekly Notable Startup Funding Report: 7/12/25 – AlleyWatch

AirGarage – $23.0M

San Francisco-based AirGarage is the working system for parking actual property. Based by Chelsea Border, Jonathon Barkl, and Scott Fitsimones in 2018, AirGarage has now raised a complete of $37.8M in whole fairness funding and is backed by Summary, Andreessen Horowitz, Floodgate, Founders Fund, Fourthline Capital Administration, and Headline.

WaHa – $8.0M

Fremont-based Revolutionary platform for stable desiccant regeneration improves power effectivity and carbon emissions by 50% for HVAC and AWG functions Based by Chris Kay, David Kuo, Eugene Kapustin, and Frank Ramirez in 2018, WaHa has now raised a complete of $18.6M in whole fairness funding and is backed by Anthropocene Institute, Berkeley Catalyst Fund (BCF), Christian Tiringer, Mike Phillips, Mitsui Mining & Smelting, and Vesta Fund.

MaintainX – $150.0M

San Francisco-based MaintainX gives a CMMS/EAM platform that streamlines upkeep, work orders, and asset administration for industrial and frontline groups. Based by Chris Turlica, Hugo Dozois-Caouette, Mathieu Marengère-Gosselin, and Nick Haase in 2018, MaintainX has now raised a complete of $253.8M in whole fairness funding and is backed by Amity Ventures, August Capital, Bain Capital Ventures, Bessemer Enterprise Companions, D. E. Shaw & Co., Dave McJannet, Fifth Down Capital, Founders Circle Capital, Rahul Mehta, and Sozo Ventures.

INSHUR – $35.0M

New York-based INSHUR is a digital insurance coverage platform offering industrial auto insurance coverage tailor-made for taxi, TLC, ride-share, and personal rent drivers. Based by Dan Bratshpis, David Daiches, Mathew Donfrancesco, Matthew Tomlinson, and Richard Anderson in 2016, INSHUR has now raised a complete of $114.6M in whole fairness funding and is backed by Trinity Capital. AlleyWatch broke the information in an unique protecting the spherical and far more – INSHUR Raises to Scale Embedded Insurance coverage Platform for Gig Economic system Drivers

OneText – $4.5M

San Francisco-based OneText gives text-based providers to people and industrial entities to be able to help them in buying items and providers . Based by Daniel Mind and Jonathan Fudem in 2021, OneText has now raised a complete of $5.0M in whole fairness funding and is backed by Citi Ventures, Coatue, Good Pals, Khosla Ventures, Matthew Bellamy, and Y Combinator.

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Varda – $187.0M

El Segundo-based Varda is an area manufacturing startup that creates merchandise in microgravity and retrieves them for terrestrial use. Based by Daniel Marshall, Delian Asparouhov, and Will Bruey in 2021, Varda has now raised a complete of $328.0M in whole fairness funding and is backed by Additionally Capital, Caffeinated Capital, Founders Fund, Khosla Ventures, Lux Capital, Pure Capital, and Shrug Capital.

Layer Monetary Applied sciences – $6.6M

San Francisco-based Embedded Accounting for SMB platforms. Layer helps software program firms launch accounting to their SMB prospects. Based by Daniel O’Neel and Justin Meretab in 2023, Layer Monetary Applied sciences has now raised a complete of $9.3M in whole fairness funding and is backed by Higher Tomorrow Ventures and Emergence Capital.

RoofMarketplace – $7.0M

Madison-based RoofMarketplace is a web-based market platform streamlining the roofing insurance coverage declare course of. Based by David Kish, Tim Russell, and William Bazeley in 2017, RoofMarketplace has now raised a complete of $13.1M in whole fairness funding and is backed by Wingra Capital.

Synfini – $8.9M

Menlo Park-based Synfini is a drug discovery platform combining AI, chemistry automation, and cloud instruments to design improved molecules. Based by Doug Donzelli, Nathan Collins, and Peter Madrid in 2023, Synfini has now raised a complete of $10.4M in whole fairness funding and is backed by Ferocity Capital, Foothill Ventures, Gaingels, Excessive Water Enterprise Companions, JSL Well being Capital, Mana Ventures, SRI Ventures, Belief Ventures, and WERU Funding.

Agora – $49.5M

Jersey Metropolis-based Agora operates as a digital greenback and an asset platform for companies, fintechs, and buying and selling corporations. Based by Drake Evans, Joseph McGrady, and Nick van Eck in 2024, Agora has now raised a complete of $61.5M in whole fairness funding and is backed by Dragonfly and Paradigm.

Parspec – $20.0M

San Francisco-based Parspec is an AI-native software program platform that streamlines B2B procurement processes throughout the development provide chain. Based by Forest Flager and Pratyush Havelia in 2020, Parspec has now raised a complete of $31.5M in whole fairness funding and is backed by Constructing Ventures, Heartland Ventures, Hometeam Ventures, Innovation Endeavors, and Threshold.

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ZeroEntropy – $4.2M

San Francisco-based ZeroEntropy gives a classy search API tailor-made for the evaluation and retrieval of unstructured knowledge. Based by Ghita Houir Alami and Nicholas Pipitone in 2024, ZeroEntropy has now raised a complete of $4.7M in whole fairness funding and is backed by 22 Ventures, a16z Scout Fund, Initialized Capital, John Lafleur, Kulveer Taggar, Laura Modiano, Mathilde Collin, Richard Aberman, Thomas Wolf, Transpose Platform, Tyler Bosmeny, and Y Combinator.

Nominal – $20.0M

New York-based Nominal mission is to empower firms to make the selections by means of monetary knowledge intelligence. Based by Golan Kopichinsky in 2023, Nominal has now raised a complete of $29.2M in whole fairness funding and is backed by Bling Capital, Hyperwise Ventures, Incubate Fund, Next47, Vela Companions, and Workday Ventures.

Virtru – $50.0M

Washington-based Constructed on the OpenTDF customary, Virtru protects delicate knowledge flowing out and in of companies through e mail, recordsdata, and SaaS functions. Based by John Ackerly and Will Ackerly in 2012, Virtru has now raised a complete of $185.5M in whole fairness funding and is backed by Bessemer Enterprise Companions, Chertoff Group, Foundry, and ICONIQ Capital.

Spacelift – $51.0M

Redwood Metropolis-based Spacelift is an infrastructure orchestration platform that manages provisioning, configuration, and governance workflows. Based by Marcin Wyszynski and Pawel Hytry in 2019, Spacelift has now raised a complete of $73.6M in whole fairness funding and is backed by Endeavor Catalyst, 5 Elms Capital, and Inovo.vc.

Basis EGI – $23.0M

Los Altos-based The EGI platform from the Basis is designed to hurry up all phases of the product improvement cycle Based by Michael Foshey, Mok Oh, and Wojciech Matusik in 2023, Basis EGI has now raised a complete of $30.6M in whole fairness funding and is backed by E14 Fund, Escape Funding Administration, Fifth Progress Fund, GRIDS Capital, Henry Ford III, McRock Capital, RRE Ventures, Translink Capital, and Union Labs Ventures.

Harmonic – $100.0M

Palo Alto-based Harmonic develops mathematical reasoning engine designed to deal with advanced mathematical issues utilizing AI know-how. Based by Tudor Achim and Vlad Tenev in 2023, Harmonic has now raised a complete of $175.0M in whole fairness funding and is backed by Charlie Cheever, Index Ventures, Kleiner Perkins, Paradigm, Ribbit Capital, and Sequoia Capital.

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