Abridge Raises $300M at $5.3B Valuation for AI Medical Documentation

Abridge, a Pittsburgh- and San Francisco-based healthcare startup that uses generative AI to automate clinical note-taking, has raised $300 million financing round at a $5.3 billion valuation. The funding will accelerate the company’s AI-powered platform that translates doctor-patient conversations into medical documentation, reducing the administrative burden on clinicians.

The Series E round was led by Andreessen Horowitz (also known as A16z), with participation from Khosla Ventures. The new capital will support Abridge’s expansion across U.S. hospitals and health systems and its ongoing R&D in medical language AI.

Abridge’s AI listens to patient-clinician conversations and turns them into structured clinical note drafts in real time, automatically syncing with the electronic health record system. The tool is now live in over 150 health systems, up 50% in just four months. Abridge says it’s on track to handle more than 50 million medical conversations this year.

Abridge is being used across the board—from academic hospitals to community clinics—covering 55 specialties and supporting conversations in 28 languages

Funding Details:

• Startup: Abridge
• Investors: Andreessen Horowitz (lead), Khosla Ventures
• Amount Raised: $300 million
• Total Raised: ~$757.5 million (including previous rounds)
• Funding Stage: Series E
• Funding Date: June 24, 2025

Wispr Flow Raises $30M Series A for AI Dictation App

Wispr Flow, a Silicon Valley startup that makes an AI-powered dictation app for hands-free typing, has raised $30 million in a Series A round, according to an announcement by Wispr CEO Tanay Kothari on LinkedIn. The round was led by Menlo Ventures, with participation from New Enterprise Associates (NEA), 8VC, and several tech executives, including Pinterest co-founder Evan Sharp and hardware CEO Kenneth Schlenker.

Co-founded by CEO Tanay Kothari, Wispr Flow will use the new funding to hire more staff and accelerate development of its software platform, which already has an app on macOS, Windows, and iOS. The startup previously raised $26 million in angel and seed funding; the total now stands at $56 million after this round.

Funding Details:

• Startup: Wispr Flow
• Investors: Menlo Ventures (lead), NEA, 8VC, Kenneth Schlenker, Evan Sharp, Henry Ward, Flo Crivelli
• Amount Raised: $30 million
• Total Raised: $56 million
• Funding Stage: Series A
• Funding Date: June 24, 2025

Blank Metal Raises $3M Seed to Accelerate Enterprise AI

Blank Metal, a Minneapolis-based AI engineering startup, announced a $3 million seed funding round to help companies move AI projects from pilot to production.

The round was led by Rally Ventures and included participation from Traction Capital and Pure Play Partners. Blank Metal’s platform promises to deploy enterprise AI solutions within 90 days, and the new capital will be used to expand its engineering team and develop its proprietary automation tools.

Founded by CEO Matt Johnson, the company works with enterprises across industries to deliver AI-driven products and recently demonstrated significant client wins in AI-powered underwriting and productivity gains.

Funding Details:

• Startup: Blank Metal
• Investors: Rally Ventures (lead), Traction Capital, Pure Play Partners
• Amount Raised: $3 million
• Total Raised: $3 million
• Funding Stage: Seed
• Funding Date: June 24, 2025

Jaan Health Raises $25M to Expand AI Chronic Care Platform

Jaan Health, a New York-based startup developing an AI-driven virtual care platform called Phamily, said it secured over $25 million in funding to expand its chronic care management services. The financing includes $15 million of non-dilutive growth capital from Level Structured Capital.

Jaan’s technology uses AI to personalize care for patients with chronic diseases, and the new funds will help the company extend its reach to millions more patients across the U.S. Founder and CEO Nabeel Kaukab noted that Jaan built a profitable, eight-figure business without institutional capital, and this new investment will fuel growth in its patient engagement platform.

Funding Details:

• Startup: Jaan Health
• Investors: Level Structured Capital (growth capital)
• Amount Raised: $25 million (capped round; non-dilutive)
• Total Raised: ~$25 million
• Funding Stage: Growth funding
• Funding Date: June 24, 2025

Gemist Raises $6M Seed for Jewelry-Tech Platform

Gemist, a Los Angeles-based “jewelry-tech” startup, has closed a $6 million seed funding round to expand its digital design platform. The round was backed by Entrada Ventures, Artemis Fund, and Collide Capital. Gemist’s platform allows customers to customize and visualize fine jewelry with real-time 3D rendering and dynamic pricing; the funds will go toward enhancing its tools and e-commerce capabilities.

Founded in 2021 by Madeline Fraser, Gemist has built a full-stack SaaS platform that gives jewelry brands the tools to offer real-time design, 3D styling, dynamic pricing, and fully branded e-commerce. The company works with fine jewelry retailers to help them offer faster and more accurate custom experiences. Based in Los Angeles, Gemist has now raised $9 million from investors including Entrada Ventures, The Artemis Fund, and Collide Capital.

Funding Details:

• Startup: Gemist
• Investors: Entrada Ventures, Artemis Fund, Collide Capital
• Amount Raised: $6 million
• Total Raised: $9 million
• Funding Stage: Seed
• Funding Date: June 24, 2025

Skyramp Raises $10M Seed for AI Testing Platform

Skyramp, a San Francisco-based startup developing an AI-powered testing and debugging tool for software engineers, raised $10 million in seed funding. The seed round was led by Sequoia Capital. Skyramp’s platform automatically generates functional and performance tests for code changes, acting like a “personal QA engineer” integrated into a development team’s workflow.

The new funding will be used to expand Skyramp’s team and accelerate product development as demand grows for automated testing in CI/CD pipelines.

Funding Details:

• Startup: Skyramp
• Investors: Sequoia Capital (lead)
• Amount Raised: $10 million
• Total Raised: $10 million
• Funding Stage: Seed
• Funding Date: June 24, 2025

Jobright Raises $3.2M Seed for AI Job-Search Agent

Jobright, a Santa Clara, CA-based startup with an AI career assistant, announced a $3.2 million funding round led by Translink Capital. The round included participation from HR Tech Investments. Jobright’s platform, called Jobright Agent, uses AI to find and submit job applications on behalf of users, automating much of the job search process.

The company will use the new capital to deepen its AI engine and scale its infrastructure, continuing to build out its proactive career matching technology.

Funding Details:

• Startup: Jobright
• Investors: Translink Capital (lead), HR Tech Investments
• Amount Raised: $3.2 million
• Total Raised: $3.2 million
• Funding Stage: Seed
• Funding Date: June 24, 2025

Delphi Raises $16M Series A for AI “Digital Minds”

Delphi, a San Francisco startup creating AI-powered “digital minds” that can converse like human experts, secured $16 million in a Series A funding round. The round was led by Sequoia Capital, with participation from Menlo Ventures, Anthropic’s Anthology Fund, Proximity Ventures, Crossbeam, Parable, Abstract Ventures, 49Palms, Gokul Rajaram, Soleio, MVP Ventures, and founder-investors from Zoom, YouTube, DoorDash, and Lyft.

Delphi’s co-founders Sam Spelsberg and Dara Ladjevardian said the funds will help scale their conversational AI agents that encapsulate personal expertise into accessible 24/7 digital advisors. The company, which allows creators and experts to build authenticated AI personas, will use the capital to expand its team and product as it gains traction with notable creators and thought leaders

Funding Details:

• Startup: Delphi
• Investors: Sequoia Capital (lead), Menlo Ventures, Anthropic Anthology Fund, Proximity Ventures, Crossbeam, Parable, Abstract Ventures, 49Palms, Gokul Rajaram, Soleio, MVP Ventures, plus angel investors (founders of Zoom, YouTube, DoorDash, Lyft, etc.)
• Amount Raised: $16 million
• Total Raised: $16 million
• Funding Stage: Series A
• Funding Date: June 24, 2025

Paraform Raises $20M Series A for Elite Recruiter Marketplace

Paraform, a San Francisco-based hiring marketplace for elite recruiters, announced a $20 million Series A round led by Felicis Ventures. The financing also included participation from A* (Andreessen Horowitz), BOND, DST Global, Liquid 2, and angel investors such as the co-founders of Canva, Instacart, YouTube, and xAI, as well as leaders like Shyam Sankar and Harley Finklestein.

Paraform’s platform matches recruiters to critical roles and provides AI-powered tools for candidate sourcing and management. The startup said it will use the funds to scale its global recruiter community, deepen its product development, and meet surging demand from startups and enterprises.

Funding Details:

• Startup: Paraform
• Investors: Felicis Ventures (lead), A* (Andreessen Horowitz), BOND, DST Global, Liquid 2, and angel investors including co-founders of Canva, Instacart, YouTube, xAI, Shyam Sankar, Harley Finklestein, Mark Pincus, etc.
• Amount Raised: $20 million
• Total Raised: $20 million
• Funding Stage: Series A
• Funding Date: June 24, 2025

GoKwik Raises $13M Growth Round, Boosting Valuation

GoKwik, an e-commerce acceleration startup in New Delhi, raised $13 million in a growth round led by RTP Global. Existing investors Z47, Peak XV Partners, and Think Investments also participated, bringing GoKwik’s total fundraising to $68 million since its 2020 founding.

The round, which valued the company at $450 million pre-money, will help GoKwik expand internationally and invest further in its AI-driven commerce platform. GoKwik’s suite of tools helps merchants set up online stores and enable checkout, returns, and WhatsApp-based commerce; it serves over 10,000 brands and 130 million shoppers across multiple countries.

Funding Details:

• Startup: GoKwik
• Investors: RTP Global (lead), Z47, Peak XV Partners, Think Investments
• Amount Raised: $13 million
• Total Raised: $68 million
• Funding Stage: Growth round
• Funding Date: June 24, 2025

Fantail Raises $1.6M Seed for Textile Tech

Fantail, a Surat-based startup making machine-made fibers, secured ₹13.75 crore (about $1.6 million) in a seed round. The round was led by Riverwalk Holdings, with participation from Incubate Fund Asia and All In Capital.

Fantail’s platform targets the man-made fabric (MMF) textile industry, and it plans to use the funds to build manufacturing capacity and technical talent, supporting India’s large textile ecosystem.

Funding Details:

• Startup: Fantail
• Investors: Riverwalk Holdings (lead), Incubate Fund Asia, All In Capital
• Amount Raised: ₹13.75 crore (≈$1.6 million)
• Total Raised: ₹13.75 crore (≈$1.6 million)
• Funding Stage: Seed
• Funding Date: June 24, 2025

Skippi Raises $1.4M Pre-Series A for Ice Pops

Skippi, a Hyderabad-based ice pops brand featured on Shark Tank India, raised ₹12 crore (about $1.4 million) in an extended pre-Series A financing. The round was led by Dubai-based Surya family offices and other angels. Skippi will use the proceeds to support brand building and R&D as it expands product lines and looks toward Middle East markets.

Funding Details:

• Startup: Skippi
• Investors: Surya family offices (lead) and angel investors
• Amount Raised: ₹12 crore (≈$1.4 million)
• Total Raised: ₹12 crore (≈$1.4 million)
• Funding Stage: Extended Pre-Series A
• Funding Date: June 24, 2025

Fabheads Raises $10M Series A for Aerospace Manufacturing

Fabheads, a Chennai-based aerospace composite manufacturing startup founded by ex-ISRO engineers, closed a $10 million Series A round. The round was led by Accel, with $2.3 million of venture debt from Trifecta Capital. Fabheads’ automated composite manufacturing technology serves the aerospace, automotive, and renewables sectors. The new funds will help the company scale its production, expand its engineering and R&D teams, and explore new markets, including Bengaluru and abroad.

Funding Details:

• Startup: Fabheads
• Investors: Accel (lead), Trifecta Capital (debt provider)
• Amount Raised: $10 million
• Total Raised: $10 million
• Funding Stage: Series A
• Funding Date: June 24, 2025

Evera Cabs Raises $4M Hybrid Debt to Expand EV Fleet

Evera Cabs, a Delhi-based electric taxi service, secured $4 million in financing through hybrid convertible debentures and debt. The funding came from Mufin Green Finance. Evera Cabs plans to use the new capital to expand its airport-focused EV taxi fleet (including acquiring assets from BluSmart) and to continue its surge-free, no-cancellation ride model.

Funding Details:

Startup: Evera Cabs
Investors: Mufin Green Finance (debt financier)
Amount Raised: $4 million
Total Raised: $4 million
Funding Stage: Hybrid debt financing
Funding Date: June 24, 2025

Zeelo Raises $23M Series B for Transportation Platform

Zeelo, a London-based transportation-as-a-service provider for schools and businesses, announced a $23 million Series B round. The funding was led by Blue Earth Capital, with participation from existing investors Direttissima Growth Partners and the family office of Peter Bauer.

Zeelo will use the capital to strengthen its market position in the UK and Ireland, expand into North America, and enhance its AI-driven transport management platform. The company, which recently acquired UK competitor Kura, provides end-to-end shuttle services and a proprietary routing software to improve commute efficiency and sustainability.

Funding Details:

• Startup: Zeelo
• Investors: Blue Earth Capital (lead), Direttissima Growth Partners, Peter Bauer’s family office
• Amount Raised: $23 million
• Total Raised: $23 million
• Funding Stage: Series B
• Funding Date: June 24, 2025

ForSight Robotics Raises $125M Series B for Eye Surgery Robots

ForSight Robotics, an Israeli startup developing robotic systems for eye surgery, raised $125 million in a Series B round. The financing was led by Eclipse Ventures, with participation from surgical robotics pioneer Fred Moll, India’s Adani Group, Reiya Ventures and other existing investors.

The round values the company at roughly $500 million and brings total funding to $195 million. ForSight plans to use the funds to bring its ORYOM robotic platform for cataract surgery into human trials and pursue FDA approval, addressing a global shortage of ophthalmologists with AI-powered surgical technology.

Funding Details:

• Startup: ForSight Robotics
• Investors: Eclipse Ventures (lead), Dr. Fred Moll, Adani Group, Reiya Ventures, other existing backers
• Amount Raised: $125 million
• Total Raised: $195 million
• Funding Stage: Series B
• Funding Date: June 24, 2025

Funding Summary Table