Facts
- HQ
- Toronto, Ontario, Canada
- Sectors
- Battery technology, Energy storage, Electric vehicles, Drones, Robotics
- Founded
- 2017
Sapien Raises Funding at $180M Valuation; Round Led by Ali Partovi of Neo
Sapien, a 2024-founded AI startup, raised a funding round valuing the company at $180 million to expand its AI platform that links operational decisions to financial outcomes. The round was led by Ali Partovi of Neo and the proceeds will be used to broaden the platform beyond financial planning into wider operational impact analysis.
Ron Nachum announces Sapien raises funding at $180M valuation led by Ali Partovi/Neo to scale AI-driven financial and operational intelligence
Sapien, a company providing financial and operational intelligence to enterprises, announced a new funding round valuing it at $180M and led by Ali Partovi at Neo, saying its platform has delivered hundreds of millions in impact for clients like Bayer, Cooper Standard, Blink Charging, Carlex Glass, Odeko, and Westgate Resorts.
Transfyr launches physical AI platform for science with $25M seed round led by General Catalyst
Transfyr, founded by Anna Marie Wagner and Renee Wegrzyn, PhD, launched a physical AI platform for real-world science to create a lossless understanding of scientific execution and speed translation, workforce development, and physical AI applications. The company announced a $25 million seed round led by General Catalyst with participation from Lux Capital, Breakout Ventures, Factory, Neo, SV Angel, MVP Ventures, Underscore VC, Lyda Hill and other investors.
Twin1 AI Raises $20M Seed Led by Bessemer, Tribeca and Aramco Ventures to Expand Digital Twin Platform
Twin1 AI, a San Mateo-based provider of an AI-powered digital twin platform for knowledge workers, raised $20 million in a seed round to expand teams, scale enterprise coordination services, and accelerate product and go-to-market development. The round was co-led by Bessemer Venture Partners, Tribeca Venture Partners, and Aramco Ventures with multiple additional investors participating.
AI Startup Leases Historic San Francisco Building; Waymo to Expand Service Area; Venture Firm Raises $265M
A daily digest reports that an AI startup leased a historic San Francisco building, Waymo plans to expand its service area, an accounting firm launched a stock offering, and a venture firm raised $265 million.
Wispr raises $280M Series B led by Menlo Ventures at $2B valuation to expand AI meeting transcription
Wispr, a San Francisco AI dictation startup, raised $280 million in a Series B led by Menlo Ventures at a $2 billion valuation to expand its meeting transcription and note‑taker product. The company will use the funds to grow its go‑to‑market teams in regions including India and the U.K. and develop new AI meeting transcription features.
Relay.ai Shuts Down; Founder Jacob Bank Rejoins Google as Chrome VP — Paid Accounts End Sept. 14, 2026
Relay, an AI workflow automation startup founded by Jacob Bank, is shutting down: free accounts lost access on August 15 and paid workspaces will be terminated on September 14, 2026. Bank is rejoining Google as VP of Product for Chrome, marking his second return after selling his earlier startup Timeful to Google in 2015.
Endpoint security firm Glow emerges from stealth with $180 million; Neo exits stealth with $100 million as Palo Alto Networks agrees to buy Embrace
Endpoint security firm Glow exited stealth with $180 million in funding; separately, Neo exited stealth with $100 million and Palo Alto Networks agreed to acquire observability provider Embrace.
SkyPilot, led by Databricks cofounder Ion Stoica, raises $20M seed to unify GPU compute across clouds
SkyPilot, founded by Databricks cofounder Ion Stoica and Zongheng Yang, raised $20 million in seed funding led by Lux Capital to help companies use and better utilize GPUs across multiple cloud providers, promising cost and efficiency gains.
Neo Raises $100M Launch Round Led by Andreessen Horowitz and Bessemer to Secure Enterprise AI Agents
Boston-based Neo emerged from stealth with $100 million in a July 20, 2026 launch funding round led by Andreessen Horowitz and Bessemer to build an enterprise control layer for securing and managing autonomous AI agents and agentic software.
Neo exits stealth with $100M from a16z and Bessemer to build real-time control layer for agentic AI
Neo announced a $100 million funding round led by Andreessen Horowitz and Bessemer to build a real-time control layer securing agentic AI software for enterprises, projecting agentic capabilities will grow from 5% of apps in 2025 to 40% by end of 2026.
Neo Exits Stealth With $100M from Andreessen Horowitz, Bessemer to Secure Enterprise AI
American-Israeli cybersecurity startup Neo exited stealth with $100 million raised across seed and Series A rounds from investors including Andreessen Horowitz and Bessemer to build a platform that controls and secures enterprise AI software.
Courtroom launches AI litigation-simulation platform and raises pre-seed funding led by Neo and Precursor Ventures
Courtroom launched an AI-powered litigation simulation platform to let legal teams test jury and judicial responses to arguments, witnesses and damages throughout a case, backed by a pre-seed round led by Neo and Precursor Ventures. The startup aims to make continuous, case-specific mock trials affordable and accessible beyond large, expensive matters; financial terms were not disclosed.
Seattle Startup Arrived Proposes Fan-Based Private Equity Stake in $8 Billion Seattle Seahawks
Seattle startup Arrived is proposing a fan-based private equity model allowing everyday investors to collectively buy a minority stake in the Seattle Seahawks, leveraging NFL rules permitting private equity stakes. The initiative targets gathering 100,000+ fans to invest small amounts, aiming for a 3%-10% ownership share amid potentially an $8 billion team valuation.
Bezos-Backed Arrived Raises $27M to Expand Fractional Real Estate Investment Platform and Launch Secondary Market
Arrived, a Seattle-based startup backed by Bezos Expeditions, raised $27 million to expand its platform that allows investors to buy fractional shares of rental properties starting at $100. The company also launched a peer-to-peer Secondary Market enabling investors to trade shares directly, aiming to make real estate investing as accessible and liquid as the stock market.
Logic raises $4.3M seed round and launches GA no-code automation platform
Logic, a Seattle business automation company founded in 2024, raised $4.3 million in a Seed round and launched the general availability of its no-code automation platform after a year-long beta. The funding, from investors including Founders’ Co-op, Audacious, Neo (Ali Partovi), Brex executives, and Convoy co-founder Dan Lewis, will be used to expand product capabilities, grow adoption, and strengthen engineering and go-to-market teams.
TELO Trucks Raises $20M Series A Led by Yves Behar and Marc Tarpenning to Fund MT1 Production
TELO Trucks raised $20 million in an oversubscribed Series A led by designer Yves Behar and Tesla co-founder Marc Tarpenning to accelerate production of the compact electric TELO MT1, which has 12,000+ pre-orders. The MT1 packs full-size pickup utility into a 152-inch, Mini Cooper–sized footprint with up to 350 miles range, a 5-foot bed (expandable to 8 feet), seating for five, and 6,600-pound towing capacity.
TELO Trucks Raises $20M Series A on Sept. 23, 2025 to Scale Electric Mini Trucks for U.S. Cities
TELO Trucks, maker of an electric mini truck for U.S. cities, announced an oversubscribed $20 million Series A on Sept. 23, 2025, positioning the company to scale its capital-efficient urban pickup business. The funding validates TELO’s market differentiation and brings strategic backing from top investors.
DAT Freight & Analytics Acquires Seattle Fintech Startup Outgo to Expand Freight Carrier Finance Services
DAT Freight & Analytics acquired Seattle fintech startup Outgo, which provides banking services and finance software to freight carriers, allowing it to enhance cash flow solutions for trucking businesses. Outgo will continue to operate in Seattle and its CEO, Marcus Womack, will join DAT's executive team.
Seattle Engineers Steve Krenzel and Jess Garms Raise $4.3M for Logic, an AI Startup Automating Business Processes via Document-Driven APIs
Seattle engineers Steve Krenzel and Jess Garms founded Logic, raising $4.3 million to develop AI-powered automation that transforms business workflow documents into APIs. Their startup aims to simplify enterprise automation using large language models for various industries including e-commerce and logistics.
Seattle Startup Outgo Raises $15M and Secures $50M Credit Facility to Speed Cash Access for Trucking Carriers
Outgo, a Seattle-based startup providing banking services to trucking carriers, raised $15 million in a previously undisclosed funding round alongside a $50 million credit facility. The company offers finance software helping carriers access cash within hours and manages invoice processing with lower fees than traditional factoring companies.
People
-
Ali Partovi Founder, Founder and CEO
