Several tech companies – Molg, Document Crunch, Zeal, Suki, and Imprint — announced significant VC funding rounds, signaling strong investor confidence across various sectors.
Molg raises $5.5 mn
Molg has raised $5.5 million in seed funding, led by Closed Loop Partners. There was participation from Amazon Climate Pledge Fund, ABB Robotics & Automation Ventures, Overture, Elemental Impact and Techstars.
The company aims to tackle electronic waste by expanding its circular manufacturing processes for electronics recycling and recovery.
Document Crunch closes $21.5 mn
Document Crunch has closed a $21.5 million Series B round to ensure contract compliance in the construction industry. Led by Titanium Ventures, the funds will enhance its AI-powered document compliance platform and expand its team.
There was participation from key strategic partner Nemetschek Group, along with major construction companies such as Andres Construction and Satterfield & Pontikes, plus existing investors, including Navitas Capital, Zacua Ventures, Fifth Wall and Ironspring Ventures.
Zeal secures $15 mn
Zeal, a modern payroll platform, secured $15 million in Series B funding led by Portage. There was support from existing investors Spark Capital and Commerce Ventures. The company will use the funds to innovate payroll services, catering to the dynamic needs of today’s workforce.
Suki raises $70 mn
Suki has raised $70 million in Series D funding, led by Hedosophia. The funds will accelerate product development of its AI assistant for healthcare, helping streamline administrative tasks for clinicians.
It received additional investment from Venrock, as well as participation by existing investors including March Capital, Flare Capital, Breyer Capital, and inHealth Ventures.
Suki has raised $165 million to date.
Imprint raises $75 mn
Imprint, a provider of co-branded credit cards, raised $75 million in Series C funding led by Khosla Ventures. This will fuel growth and drive innovation in its AI-powered credit card platform. There was participation from existing investors including Thrive Capital, Kleiner Perkins, and Ribbit Capital.
