Credo AI Secures $21 Million in Series B Funding, Strengthens Leadership Amid Surge in AI Governance Demand

Credo AI, a frontrunner in AI governance solutions, has successfully closed a $21 million Series B funding round, bringing its total funding to $41.3 million. This round saw significant contributions from CrimsoNox Capital, Mozilla Ventures, and FPV Ventures, alongside continued support from Sands Capital, Decibel VC, Booz Allen Hamilton, and AI Fund. The new capital…

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Gradient AI Secures $56 Million in Series C Round to Drive Innovation in AI-Powered Insurance Solutions

Gradient AI, a premier enterprise software provider specializing in artificial intelligence for the insurance sector, has successfully closed a Series C funding round, securing $56.1 million. This substantial investment, spearheaded by Centana Growth Partners and supported by existing investors MassMutual Ventures, Sandbox Insurtech Ventures, and Forte Ventures, is poised to significantly bolster the company’s capabilities…

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Monto’s $9 Million Seed Funding to Accelerate U.S. Expansion and B2B Payment Innovation

Monto, an Israeli fintech innovator specializing in AI-driven solutions for B2B payments, has announced the successful closure of a $9 million seed funding round. The funding, spearheaded by Scale Venture Partners and complemented by investments from Verissimo Ventures, F2 Venture Capital, Firsthand Alliance, and Room40 Ventures, marks a pivotal step as Monto transitions from stealth…

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Gloo Secures $110 Million to Revolutionize Faith-Based Technology and AI Integration

Gloo, the prominent technology platform designed to unite the faith community, has successfully completed a substantial $110 million funding round. This investment is set to enhance the development of Gloo’s platform and its focus on integrating advanced AI capabilities, while also launching Gloo Ventures to expand its influence and impact within the faith ecosystem. Gloo’s…

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Axle Automation Secures $2.5M in Seed Funding to Transform AML Compliance with AI

Axle Automation, Inc., a frontrunner in AI-driven compliance solutions, has successfully closed a $2.5 million seed funding round. The investment, spearheaded by Diagram Ventures with contributions from Mistral Ventures, Uphonest Capital, StreamingFast, and other key investors, will accelerate Axle’s mission to revolutionize Anti-Money Laundering (AML) compliance. This significant funding boost will enable Axle to expand…

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Trio Mobil Secures $26.5M Growth Funding Led by NewSpring to Elevate Workplace Safety with Advanced AI and IoT Solutions

Trio Mobil, an innovator in AI and IoT solutions for workplace safety and efficiency, has announced a significant $26.5 million in growth financing led by NewSpring Growth. The funding round also saw participation from 212 and TIBAS Ventures. This substantial investment will propel Trio Mobil’s mission to enhance safety and operational efficiency across global industries….

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New Frontier Funding Secures Strategic Investment to Propel AI-Driven SMB Lending

New Frontier Funding, a trailblazer in utilizing generative AI to facilitate credit and debt funding for small and medium-sized businesses (SMBs), has successfully closed a significant round of growth capital from the Homsher Family Office. The investment underscores the transformative potential of artificial intelligence in addressing the systemic challenge of capital access for businesses. Currently,…

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EdgeRunner AI Launches with $5.5M Seed Funding to Pioneer Generative AI for Edge Devices

EdgeRunner AI, a trailblazing startup focused on developing Generative AI solutions for edge computing environments, has emerged from stealth mode with the announcement of a $5.5 million seed funding round. The investment, led by Four Rivers Group and supported by Madrona Ventures and strategic angels, positions EdgeRunner AI at the forefront of transforming how enterprises…

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Thoughtful AI Launches Human-Capable AI Agents, Secures $20M in Series A Funding

Thoughtful AI, a frontrunner in AI-powered revenue cycle automation, has marked a significant leap forward with the introduction of groundbreaking AI Agents designed to revolutionize healthcare revenue cycle management (RCM). The company also announced the successful closure of a $20 million Series A funding round led by Nick Solaro of Drive Capital, with participation from…

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CultureAI Secures $10 Million to Enhance Human Risk Management Solutions

CultureAI, a leading Human Risk Management Platform, announced today the successful closure of a $10 million Series A funding round. Mercia Ventures and Smedvig Ventures co-led the investment, with continued support from existing investors Passion Capital and Senovo. This financing marks a significant milestone for CultureAI, fueling its mission to revolutionize how organizations mitigate human…

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