Deal Flow

Top Venture Capital Deals of October

Top Venture Capital Deals of October 2022

Venture Capital deals handpicked by our team to have longevity, strong fundamentals, an intelligent executive team, and growth-oriented investors. If you're looking at the future of each respective industries, these are the companies to pay attention to. If you're a functional expert looking to get involved with mature startups like the ones listed below, get in touch to see if you're a fit to join our Flywheel.

Eclypsium Raises $25M in Series B

Eclypsium announced it has raised $25 million in Series B financing led by Ten Eleven Ventures, the original cybersecurity-focused, global, stage-agnostic investment firm.

Global Brain's KDDI Open Innovation Fund (KOIF) and J-Ventures are also participating investors in the round. New investors are joined in the round by prior lead investors Andreessen Horowitz and Madrona Venture Group, and existing investors Alumni Ventures, AV8 Ventures, Intel Capital, Mindset Ventures, Oregon Venture Fund (OVF), Translink Capital and Ubiquity Ventures. This brings the company's total funding to $50 million.

Tally Announces $80 Million Series D

Tally, a financial automation company that pioneered a new approach to addressing the nation's $900 billion credit card debt crisis, has raised $80 million in Series D funding, led by Sway Ventures with participation from Menora Mivtachim. Previous investors Kleiner Perkins, Andreessen Horowitz, Shasta Ventures and Cowboy Ventures also took part in this round.

Tally is a consumer tech company pioneering full-service financial automation to help people achieve their financial goals. Founded in 2015, the company is democratizing financial services to put billions of dollars back in people's pockets. It built the first fully automated debt manager to help people overcome credit card debt and provides a completely free automated savings service, Tally Save. Tally's vision is to automate people's entire financial lives so they can worry about money less and do what they love more.

Jiko Announces $40M Series B

Jiko, a new financial network, enables companies - from multinational corporations to startups - to store and move money starting with the power of T-bills, made spendable. announced that it has closed a $40M Series B funding round led by Red River West.

Jiko is a revolutionary new financial network, enabling companies - from multinational corporations to startups - to both store and move money, starting with the power of T-bills, made spendable. Securely stored at the biggest custody bank in the country, cash is put directly into T-bills with on-demand liquidity. Jiko combines the stability of an established national bank with the modernity of an integrated technology stack. Founded in 2016 and led by a team of Wall Street veterans, quants and technologists, Jiko owns and operates an OCC-chartered, Member FDIC national bank and registered broker-dealer.

Gather AI Inks $10M Series A

Gather AI, a supply chain robotics company, announced a $10 million Series A financing round led by Tribeca Venture Partners, with participation from existing investors Xplorer Capital, Dundee Venture Capital, Expa, Bling Capital, XRC Labs and 99 tartans.

This latest funding accelerates Gather AI's go-to-market strategy and continued development of its leading real-time inventory visibility platform. The platform uses off-the-shelf autonomous drones, paired with sophisticated AI-driven software, to solve the problem of misplaced inventory in warehouses a problem that is the source of an estimated $150B annual loss that heavily impacts manufacturers, warehouse operators, and consumers, an obvious use-case as the e-commerce and consumer packaged goods industries continues to thrive and scale.

Xembly Raises $15M Series A Round

Xembly, the AI chief of staff for knowledge workers, announced a $15 million Series A funding round led by Norwest Venture Partners, joined by existing investors Lightspeed Venture Partners, Ascend, Seven Peaks Ventures, and new investor Flex Capital. The Series A funding comes within a year of the company's Seed round, bringing its total capital raised to $20 million.

Xembly is an AI chief of staff for knowledge workers. Xembly handles the tasks that slow down and frustrate workers, including taking meeting notes, tracking action items, setting to-do's, scheduling meetings, and optimizing schedules, all of which can happen automatically so that workers and teams can focus on higher-value work and make every day more meaningful.

Katalyst Announces $26M Series A

Katalyst, a startup in the health and fitness space, announced its Series A fundraise led by Stripes and supported by investors including Incisive Ventures and Unlock Venture Partners.

Founded in 2015, Katalyst's mission is to remove barriers to fitness and make a healthy lifestyle more attainable for everyone. With a product waitlist of 75,000 and growing, the company will primarily use the new funding to scale production, develop the brand, and grow the team.

Text is aggregated from various press release news sources, released by the acquiring firms.

‍If you're looking at the future of each respective industry, these are the companies to pay attention to. If you're a functional expert looking to get involved with mature startups like the ones listed below, get in touch to see if you're a fit to join our Flywheel.

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