Several tech startups — Aeris, Tidalwave, Sorcero, Model ML, among others, have announced their venture capital funding to bolster innovation and business growth.
Aeris Turbocharges IoT Future with Major TA Investment
Aeris, a global SaaS-based IoT connectivity leader, has secured a strategic minority investment from TA Associates to accelerate innovation in Agentic AI, IoT security, and scalable connectivity solutions. The investment boosts Aeris’s enterprise-grade platform, which powers nearly 100 million connected devices across automotive, utilities, healthcare, and industrial markets. TA will join Aeris’s board, supporting strategic growth, operational excellence, and the expansion of customer-focused services.
Tidalwave Raises $22 mn
Tidalwave raised $22 million in Series A funding to expand its digital mortgage platform, aiming to reach 4 of the U.S. mortgage market. The company focuses on technology-driven mortgage automation, improving customer experience, and operational efficiency. Investors include FINTOP Capital, 500 Startups, and Maven Ventures. Founded by Brian Green, Tidalwave leverages AI and predictive analytics to optimize lending processes, offering faster approvals and transparent mortgage services. The strategy emphasizes market growth, technology integration, and customer-centric innovation to enhance mortgage accessibility and efficiency.
Sorcero Secures $42.5 mn
Sorcero secured $42.5 million Series B financing led by NewSpring Capital to scale its AI-driven life sciences platform. Investors include NewSpring Capital, Revolution’s Rise of the Rest, and BlueCross BlueShield Ventures. Founded by Paul Haley, the company enhances healthcare and pharmaceutical knowledge workflows with AI and NLP technology. Focused on innovation, Sorcero provides data-driven insights, improves research efficiency, and supports regulatory compliance. Its growth strategy emphasizes platform expansion, technology integration, and improving user experience for scientists, clinicians, and life sciences professionals.
Model ML Raises $75 mn
Model ML raised $75 million in one of the largest fintech Series A rounds to automate financial services workflows using AI. Investors include General Catalyst, Sequoia Capital, and Ribbit Capital. Founded by Alice Chen, the company focuses on AI-driven automation, predictive analytics, and operational efficiency in financial institutions. Technology innovations improve risk assessment, compliance, and customer service. Model ML’s strategy targets large-scale adoption, workflow optimization, and enhanced data-driven decision-making, delivering cost savings and efficiency benefits to banks, fintechs, and enterprise clients.
Thasniya VP
