Several tech startups — Graph AI, Planyear, IO Health, Aboon, Sonic Fire Tech, among others — have announced new venture capital funding rounds to bolster innovation and business growth.
Graph AI Secures $3 Million
Graph AI has raised $3 million in seed funding from Bessemer Venture Partners to revolutionize the $8 billion pharmacovigilance market. The company leverages AI to enhance drug safety monitoring and adverse event detection. With this investment, Graph AI aims to accelerate platform development and expand its customer base, focusing on pharmaceutical companies and regulatory bodies. The funding will also support recruitment of top talent and enhancement of its technology infrastructure.
Planyear Raises $12 Million
Planyear has secured $12 million in seed funding led by True Ventures to transform benefits consulting through its AI-native platform, BEACON. The platform automates administrative tasks, allowing consultants to focus on strategic guidance and client relationships. The investment will accelerate the development of BEACON, streamlining benefits consulting processes and improving efficiency. Planyear’s customer-centric approach and innovative technology position it to disrupt the benefits consulting industry, providing significant value to both consultants and clients.
IO Health Secures $2 Million
IO Health has raised $2 million in seed funding led by Nina Capital to scale its real-time quality platform for home-based and post-acute care. The platform delivers productivity tools to clinicians at the point of care without requiring lengthy implementation or retraining. The investment will support expansion of IO Health’s technology infrastructure and customer base, focusing on improving clinical, operational, and financial performance in home health settings. The company’s innovative approach aims to enhance care delivery and patient outcomes.
Aboon Raises $17.5 Million
Aboon has raised $17.5 million in seed funding led by Bain Capital Ventures to launch its AI-powered 401(k) platform for financial advisors. The platform simplifies the process of designing, launching, and managing retirement plans for business owners. The investment will accelerate product development and expand Aboon’s reach among financial advisors and small- to medium-sized businesses. By leveraging AI and automation, Aboon aims to streamline retirement plan administration, providing advisors with efficient tools to serve their clients.
Sonic Fire Tech Secures $3.5 Million
Sonic Fire Tech has raised $3.5 million in seed funding co-led by Khosla Ventures, Third Sphere, and AirAngels to launch its infrasound fire defense solutions. The technology uses low-frequency sound waves to prevent ignition and suppress fires without water or chemicals. The investment will support product certification, manufacturing scale-up, and field deployments targeting homeowners, enterprises, first responders, and public utilities. Sonic Fire Tech’s innovative approach aims to enhance fire safety and resilience in high-risk areas, offering a sustainable alternative to traditional fire suppression methods.
Thasniya VP
