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Level AI lands $13M Series A to build conversational intelligence for customer service
Level AI lands $13M Series A to build conversational intelligence for customer service
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Unicorn Nest news

Level AI lands $13M Series A to build conversational intelligence for customer service

– Level AI, an early-stage startup from a former member of the Alexa product team, wants to help companies process customer service calls faster by understanding the interactions they’re having with customers in real time.
– The company launched publicly, while announcing a $13m Series A led by Battery Ventures, with help from seed investors Eniac and Village Global as well as some unnamed angels. Battery’s Neeraj Agrawal will be joining the startup’s board under the terms of the agreement. The company reports it has now raised $15m.

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Givz raises $3M in seed funding to make donations a marketing tool for businesses
Givz raises $3M in seed funding to make donations a marketing tool for businesses
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Givz raises $3M in seed funding to make donations a marketing tool for businesses

– Givz, a company that has developed an API-powered platform that gives brands a way to convert discounts into donations, has raised $3m in seed funding.
– The round was led by Eniac and Accomplice for the New York-based startup.
– Additional investors include Supernode Ventures, Claude Wasserstein of Fine Day, Phoenix Club and Dylan Whitman.
– The company aims to drive “full-price purchasing behavior” by giving consumers the ability to convert the money they would be saving if getting a discount, and donating it to their favorite charities.
– It just launched on Shopify, which Forman says will give the startup access to the 1.7 million retailers that use Shopify as their e-commerce platform.

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Cube Dev Raises $15.5 Million to Help Companies Build Applications with Cloud Data Warehouses
Cube Dev Raises $15.5 Million to Help Companies Build Applications with Cloud Data Warehouses
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Cube Dev Raises $15.5 Million to Help Companies Build Applications with Cloud Data Warehouses

– Cube Dev announced $15.5m in funding to scale go-to-market activities and accelerate the development of its first commercial product that helps customers build applications powered by cloud data warehouses with greater speed and flexibility.
Decibel led the Series A round with Bain Capital Ventures, Betaworks and Eniac Ventures participating, bringing Cube Dev’s total funding to $23.6m.
– Cube Dev offers a headless abstraction layer between cloud data warehouses and data applications. This dramatically reduces application development time from weeks to hours.
– Demand for these kinds of capabilities continues to grow, as analysts forecast the global cloud database and DBaaS market size to grow from USD 12.0 billion in 2020 to USD 24.8 billion by 2025, a Compound Annual Growth Rate (CAGR) of 15.7%.

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Tiger Global leads $30M investment into Briq, a fintech for the construction industry
Tiger Global leads $30M investment into Briq, a fintech for the construction industry
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Tiger Global leads $30M investment into Briq, a fintech for the construction industry

– Briq, a construction fintech startup, raised $30m in Series B funding.
– The round was led by Tiger Global Management and joined by Eniac Ventures and Blackhorn Ventures.
– The company has raised $43m since its January 2018 inception.
– Briq aims to solve the age-old problem of construction projects (very often) going over budget.

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Announcing 1upHealth's $25 million Series B led by F-Prime
Announcing 1upHealth's $25 million Series B led by F-Prime
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Unicorn Nest news

Announcing 1upHealth's $25 million Series B led by F-Prime

– 1upHealth has raised a $25m Series B led by F-Prime Capital.
– Existing investors, Jackson Square Ventures (which led our Series A), Eniac Ventures, and Social Leverage also participated.
– The infusion of capital will help us grow and evolve our FHIR connectivity & compute platform that’s already used by dozens of health plans, providers, app developers, and pharma companies.
– When we started selling for CMS compliance, we only had 15 team members. A year later, we are 70 strong, with dozens of health plans and states using our infrastructure and API platform.
– We’re now supporting 11 million of patients through dozens of health plan and provider customers.
– With this new round of capital, we’re positioned for rapid growth.

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Xwing Raises $40M at $400M Valuation
Xwing Raises $40M at $400M Valuation
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Unicorn Nest news

Xwing Raises $40M at $400M Valuation

– Xwing, a San Francisco, CA-based automation company for aviation, raised $40m in funding at a $400m valuation.
– The round was led by Blackhorn Ventures, with participation from ACME Capital, Loup Ventures, R7 Partners, Eniac Ventures, Alven Capital and Array Ventures.
– The new investment will be used to scale the company’s innovation and team.

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