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B2C Information Services Management Information Systems North America Property Management

a16z leads investment in Firemaps, a marketplace for home hardening against wildfires

– Firemaps, a startup that makes it easier to harden homes against wildfires, raised $5.5m in funding.
– The round was led by a16z and joined by Uber CEO Dara Khosrowshahi and Addition’s Lee Fixel.
– The company is led by Jahan Khanna, who co-founded it along with his brother, who has a long-time background in civil engineering, and Rob Moran.
– The trio spent cycles exploring how to work on climate problems, while staying focused on helping people in the here and now.

B2C Financial Services FinTech Mobile Apps North America

Seattle fintech startup Allio raises $5M for robo-advisor investment tool

– Allio, a new Seattle startup building a robo-advisor investment tool for consumers, has raised $5m.
– The round was led by Liberty Partners.
– The company is a graduate of Venture Out and WTIA startup program.

B2B B2C Food and Beverage Food Processing North America

FreshRealm Raises $32M in Funding

– FreshRealm, a Ventura CA-based fresh meals solution company, raised $32M in funding.
– The backers participating in the round were not disclosed.
– The company will use the capital to bolster its facilities, product and infrastructure to accelerate the rollout of national fresh meals destinations in retail grocery.

Artificial Intelligence B2C Employee Benefits Health Insurance North America Software

Nayya Raises $37M in Series B Funding

– Nayya, a NYC-based insurance benefits experience and healthcare management platform, raised $37M in Series B financing.
– The round was co-led by SVB Capital and ICONIQ Growth and brought total funding to just under $50M.
– The company intends to use the funds to grow the size of its team and invest in new features for its core offerings.

Advertising B2B B2C Marketing Automation Natural Language Processing North America SaaS Software

Emotive raises $50M to make text marketing more conversational

– Emotive, a text marketing platform, raised $50m in Series B funding.
– The round was led by CRV and joined by Mucker Capital, TenOneTen Ventures and Stripes.
– It brings Emotive to a valuation of $400m.
– The company plans to continue developing the product, to grow its headcount to more than 200 people and to open offices in Atlanta and Boston.
– Eventually, it could also expand beyond texting.

Artificial Intelligence B2C Information Technology Machine Learning North America Productivity Tools Unified Communications

Krisp Raises $9M in Series A Funding

– Krisp is a Berkerey, CA-based AI-powered noise removal app that works with any conferencing, recording and podcasting service.
– The company raised $9m in Series A-1 funding.
– The round was led by RTP Global with participation from existing investor Storm Ventures.
– The company intends to use the funds to accelerate product development and make a number of strategic hires to support product development, sales & marketing.
– Led by Davit Baghdasaryan, CEO, Krisp delivers an AI-powered noise removal app based on Deep Neural Networks (DNN) that enables users to remove background voices, barking dogs, room echoes and anything else that can disturb virtual meetings.

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