Several tech startups — Statsig, Agree.com, Trilobio, Tesseral, Lovelace AI, Orca AI, among others, have announced their venture capital funding to bolster innovation and business growth.
Routematic raises $40 mn
Routematic, a leading AI-driven corporate transportation service provider in India, has secured $40 million in Series C funding led by Fullerton Carbon Action Fund and Shift4Good, with Ostara Advisors as the exclusive financial advisor. Founded in 2013, the company serves over 300,000 employees across 300 corporates and plans to expand its fleet to 10,000 vehicles by March 2026. With India’s employee transportation market projected to reach $13.2 billion by 2030, Routematic aims to leverage its AI-powered SaaS platform to establish city-level command centers for demand-responsive fleet management and convert 30 percent of its fleet to electric vehicles to support ESG goals.
Statsig Secures $100 mn
Statsig has secured $100 million in Series C funding at a $1.1 billion valuation, led by ICONIQ Growth with participation from existing investors Sequoia and Madrona. Statsig aims to expand its complete platform for data-driven product development, enhancing its capabilities and growing its team to help companies of all sizes unlock the full potential of data in product development.
Agree.com Raises $7.2 mn
Agree.com has raised $7.2 million in seed funding to disrupt e-signature workflows with integrated payments for faster transactions. The round was led by Tyler Hogge at Pelion Venture Partners, with major backing from Blank Ventures and angel investor Gokul Rajaram.
Previous $3 million pre-seed support came from Sheel Mohnot at Better Tomorrow Ventures, joined by 8-Bit Capital, Sophia Amoruso’s Trust Fund, Hustle Fund, Everywhere Ventures, Singh Capital Partners, and Firsthand VC. Agree will use the funds to scale its engineering team and invest in growth and product innovation.
Trilobio Raises $8 mn
Trilobio has raised $8 million in a seed round led by Initialized Capital, with participation from Argon Ventures and Lowercarbon Capital. Trilobio, building a fully automated robotic lab-in-a-box for biologists, will use the capital to enhance its robotics and no-code software platform, aiming to transform life science research, genetic engineering, and synthetic biology by enabling reproducible, rapid, and accurate execution of experiments.
Tesseral Raises $3.3 mn
Tesseral has launched from stealth with $3.3 million in seed funding from Y Combinator, Jessica Livingston, Paul Graham, Calvin French-Owen, Steve Bartel, Nick Bushak, and Mike Wiacek. Tesseral is developing an open-source authentication infrastructure for B2B software, based on their prior success with SSOReady, which simplified SAML-based authentication.
Lovelace AI Completes Seed Round
Lovelace AI has completed a seed round led by RRE Ventures. Founded by Andrew Moore, former GM of Google Cloud AI and CMU Computer Science Dean, Lovelace AI will use the investment to expand its real-time data fusion technology for defense and commercial sectors, focusing on product development and talent acquisition.
Orca AI Secures $72.5 mn
Orca AI has secured $72.5 million in Series B funding led by Brighton Park Capital, joined by Ankona Capital and Hyperlink Ventures, following previous investments from OCV Partners and Mizmaa Ventures. Orca AI plans to scale its autonomous maritime platform, add new capabilities, and expand into defense and security.
InfotechLead.com News Desk
