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The Weekly Notable Startup Funding Report: 4/13/26 – AlleyWatch

by theadvisertimes.com
3 months ago
in Startups
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The Weekly Notable Startup Funding Report: 4/13/26 – AlleyWatch
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The Weekly Notable Startup Funding Report takes us on a trip across various ecosystems in the US, highlighting some of the notable funding activity in the various markets that we track. The notable startup funding rounds for the week ending 4/11/26 featuring funding details for Modus, Hermeus, Rork, and nineteen other deals representing $1.5B in new funding that you need to know about.

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AlleyWatch and Alumni Ventures are teaming up this week only to give readers early access to high-growth startup opportunities, including some of today’s most exciting AI, Deep Tech, Quantum Computing, Cybersecurity, and Space companies co-invested alongside top VC firms like Andreessen Horowitz (a16z), Bessemer, & Y Combinator.

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AfterQuery – $30.0M

San Francisco-based AfterQuery is an AI data company builds expert-level datasets to help train and improve AI models. Founded by Carlos Georgescu, Danny Tang, and Spencer Mateega in 2024, AfterQuery has now raised a total of $30.5M in total equity funding and is backed by Altos Ventures, BoxGroup, The Raine Group, and Y Combinator.

Aria Networks – $125.0M

Palo Alto-based Aria Networks develops an AI-powered networking platform monitors, analyses, and optimises data center performance. Founded by Mansour Karam in 2025, Aria Networks has now raised a total of $125M in total equity funding and is backed by Atreides Management, Eclipse, Sutter Hill Ventures, and Valor Equity Partners.

Beacon Biosignals – $11.0M

Boston-based Beacon Biosignals neurotechnology company brings precision neuroscience into clinical trials and treatments. Founded by Brandon Westover, Jacob Donoghue, Jarrett Revels, and Sydney Cash in 2019, Beacon Biosignals has now raised a total of $127M in total equity funding and is backed by Casdin Capital, Catalio Capital Management, General Catalyst, Google Ventures, and Indicator Ventures.

Chapter – $100.0M

New York-based Chapter offers a Medicare navigation platform provides advisory services for seniors seeking health coverage. Founded by Cobi Blumenfeld-Gantz, Corey Metzman, and Vivek Ramaswamy in 2013, Chapter has now raised a total of $284M in total equity funding and is backed by 8VC, Addition, Fifth Down Capital, Generation Investment Management, and Maverick Ventures.

Endovascular Engineering – $80.0M

Menlo Park-based Endovascular Engineering develops and deploys advanced clot removal solutions for the treatment of venous thromboembolism. Founded by Luis Savastano and Mike Rosenthal in 2019, Endovascular Engineering has now raised a total of $137M in total equity funding and is backed by 415 Capital, Gilde Healthcare, M&L Healthcare Investments, Norwest, and Panakes Partners.

Hermeus – $200.0M

El Segundo-based Hermeus defense aviation company designs, builds, and tests high-Mach and hypersonic aircraft. Founded by AJ Piplica, Glenn Case, Michael Smayda, and Skyler Shuford in 2018, Hermeus has now raised a total of $356M in total equity funding and is backed by 137 Ventures, Bling Capital, Canaan Partners, Cox Enterprises, and Destiny (D/XYZ).

Connect with NYC’s Most Influential Tech Leaders & Decision-Makers

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Founders and entrepreneurs
Venture capitalists and investors
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HeyDonto – $20.0M

Knoxville-based HeyDonto offers AI solutions for dental EHR integration, supporting systems like Dentrix and OpenDental. Founded by Rivers Morrell in 2024, HeyDonto has now raised a total of $20M in total equity funding and is backed by Sheldon Seidman.

Luminai – $38.0M

San Francisco-based Luminai automates workflows by taking any multi-click process and making it one click. Founded by Dmitry Dolgopolov and Kesava Kirupa Dinakaran in 2019, Luminai has now raised a total of $57.8M in total equity funding and is backed by Define Ventures, General Catalyst, Peak XV Partners, and Y Combinator.

Modus – $85.0M

Philadelphia-based Modus techAeenabled audit platform acquires CPA firms and equips them with AIAedriven audit tools to deliver higherAequality audits. Founded by Arush Jain, Pranav Pillai, and Vinay Kasat in 2025, Modus has now raised a total of $85M in total equity funding and is backed by Comma Capital, Garry Tan, and Lightspeed Venture Partners.

Natter – $23.0M

New York-based Natter is an AI conversation intelligence platform for enterprise allows organizations to gather and analyze qualitative feedback. Founded by Charlie Woodward and James Stevens in 2021, Natter has now raised a total of $24M in total equity funding and is backed by Asymmetric Capital Partners, Costanoa Ventures, Kindred Capital, Rackhouse Venture Capital, and Renegade Partners.

Patlytics – $40.0M

San Francisco-based Patlytics provides AI-driven patent intelligence solutions to enhance research and efficiency. Founded by Arthur Jen and Paul Lee in 2024, Patlytics has now raised a total of $65.6M in total equity funding and is backed by Alumni Ventures, Antiportfolio Ventures, BAM Corner Point, Myriad Venture Partners, and N47.

Pipe – $16.0M

San Francisco-based Pipe global trading platform for recurring revenue streams. Founded by Harry Hurst, Josh Mangel, Michal Cieplinski, and Zain Allarakhia in 2019, Pipe has now raised a total of $346M in total equity funding and is backed by Fin Capital and MaC Venture Capital.

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Portal Space Systems – $50.0M

Bothell-based Portal Space Systems develops spacecraft propulsion and mobility technologies for rapid space maneuverability. Founded by Jeff Thornburg in 2021, Portal Space Systems has now raised a total of $67.5M in total equity funding and is backed by AlleyCorp, ARK Investment Management, Booz Allen Ventures, FUSE, and Geodesic Capital.

Ridge AI – $2.6M

Seattle-based Ridge AI develops data infrastructure and artificial intelligence solutions support data processing, analysis, and model deployment. Founded by Ellie Fields and Jeffrey Heer in 2025, Ridge AI has now raised a total of $2.6M in total equity funding and is backed by Adam Wilson, Adrien Treuille, Ari Steinberg, Ben Eidelson, and Carlos Guestrin.

Rork – $15.0M

San Francisco-based Rork is an AI-powered no-code platform allows users to create functional, native iOS and Android mobile apps from text descriptions. Founded by Daniel Dhawan and Levan Kvirkvelia in 2024, Rork has now raised a total of $17.8M in total equity funding and is backed by a16z speedrun, Goodwater Capital, Karman Ventures, Left Lane Capital, and Peak XV Partners.

SiFive – $400.0M

San Mateo-based SiFive semiconductor company delivers scalable processor core IP solutions. Founded by Andrew Waterman, Krste Asanovic, and Yunsup Lee in 2015, SiFive has now raised a total of $765.5M in total equity funding and is backed by Apollo, Atreides Management, NVIDIA, Point72, and Prosperity7 Ventures.

SimpliFed – $10.8M

Ithaca-based SimpliFed healthcare technology company offers virtual breastfeeding and baby feeding support. Founded by Andrea Ippolito and Gajen Sunthara in 2019, SimpliFed has now raised a total of $21.3M in total equity funding and is backed by American Heart Association Ventures, Elizabeth Street Ventures, Foreground Capital, Hesperia Capital, and Morningside.

The AlleyWatch audience is driving progress and innovation on a global scale. There are a number of options to reach this audience of the world’s most innovative organizations and startups at scale including strategic brand placement, lead generation, and thought leadership in front of an audience that comprises the vast majority of key decision-makers in the NYC business community and beyond. Learn more about advertising to NYC Tech, at scale.

Sora Fuel – $14.6M

Cambridge-based Sora Fuel makes jet fuel from just air, water, and renewable energy. Founded by Curtis Berlinguette, Gareth Ross, and Patrick Sarver in 2024, Sora Fuel has now raised a total of $20.6M in total equity funding and is backed by Engine Ventures, Inspired Capital, Spero Ventures, and Wireframe Ventures.

Starfish Space – $111.7M

Seattle-based Starfish Space develops and manufactures autonomous space vehicles perform in-orbit, satellite servicing missions. Founded by Austin Link and Trevor Bennett in 2019, Starfish Space has now raised a total of $169.7M in total equity funding and is backed by Activate Capital Partners, Gaingels, Industrious Ventures, Munich Re Ventures, and NFX.

The Interaction Company of California – $10.0M

Palo Alto-based The Interaction Company of California The Interaction Company’s Poke is an AI assistant lives fully inside iMessage and integrates seamlessly. Founded by Felix Schlegel and Marvin von Hagen in 2024, The Interaction Company of California has now raised a total of $25M in total equity funding and is backed by Arash Ferdowsi, Benjamin Spector, Brendan Foody, General Catalyst, and Guillermo Rauch.

True Footage – $40.0M

Austin-based True Footage residential valuation platform streamlines residential transactions. Founded by John Liss and Nick Kolegraff in 2019, True Footage has now raised a total of $137M in total equity funding and is backed by Mockingbird Capital Partners, Nava Ventures, PagsGroup, Pilot Enterprises, and Roger Ferguson.

Yuzu Health – $35.0M

New York-based Yuzu Health third-party administrator providing claims processing, billing, and plan management for employer-sponsored insurance plans. Founded by Max Kauderer, Russell Pekala, and Ryan Lee in 2022, Yuzu Health has now raised a total of $40M in total equity funding and is backed by Anthology Fund, Chemistry, Future Back Ventures by Bain & Company, General Catalyst, and Lachy Groom.

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