Top Startup and Tech Funding News – March 25, 2025

It’s Wednesday, March 25, 2026, and we’re back with today’s top startup and tech funding news. Today’s rounds highlight a sharp surge in AI applications moving beyond experimentation into real-world deployment—from legal workflows and healthcare operations to financial infrastructure and enterprise collaboration. Investors are doubling down on platforms that turn AI from a capability into a system of record, embedding intelligence directly into core business processes.

Large growth rounds and late-stage bets signal continued confidence in AI-native companies with strong revenue traction, while early-stage funding is flowing into frontier technologies spanning space propulsion, cybersecurity automation, and next-generation fintech infrastructure. Across sectors, the focus is shifting toward execution—companies that can translate technical breakthroughs into measurable outcomes are pulling ahead.

Tech Funding News

Funding Highlights

• Harvey raises $200M at $11B valuation to expand AI legal agents
• Qualified Health raises $125M Series B to scale AI in healthcare systems
• Granola raises $125M Series C to build an enterprise AI meeting assistant
• Thesis Care raises $45M Series A to expand AI-powered clinical support
• Adonis raises $40M Series C to automate healthcare billing workflows
• Spade raises $40M Series B for AI-driven transaction data infrastructure
• PAVE Space raises $40M Seed to develop in-orbit propulsion engines
• Glimpse raises $35M Series A to automate retail invoice disputes
• Trayd raises $10M Series A to streamline construction back-office operations
• Onit Security raises $11M Seed to automate vulnerability remediation

Investor Activity

Today’s funding activity shows sustained momentum from top-tier venture firms backing AI-first platforms and infrastructure plays. Andreessen Horowitz, Index Ventures, and Kleiner Perkins were active across enterprise AI and automation, while Oak HC/FT and NEA focused on healthcare systems adopting AI at scale. Meanwhile, European and deep-tech investors, including Creandum and Visionaries Club, placed bets on next-generation space and engineering technologies. Across the board, capital is concentrating around companies that can operationalize AI, reduce costs, and deliver immediate business impact.

Harvey Raises $200M in Funding at $11B Valuation to Expand AI Legal Agents

Harvey, a San Francisco–based legal AI startup, has raised $200 million in new funding at an $11 billion valuation. The round was co‑led by Singapore’s GIC and Sequoia Capital and included participation from Andreessen Horowitz, Coatue, Conviction Partners, Elad Gil, Evantic, and Kleiner Perkins. Harvey provides AI-driven workflow automation for law firms and in-house legal teams (handling contract review, due diligence, etc.).

The fresh capital will help the company scale its AI “agents” across more customers and grow its embedded legal engineering teams globally. Harvey has already reached $190 million in annual recurring revenue and counts 100,000 lawyers at 1,300 organizations as users. This funding underscores the hot market for AI-native enterprise applications beyond the core model builders.

• Startup: Harvey
• Investors: GIC; Sequoia Capital; Andreessen Horowitz; Coatue; Conviction Partners; Elad Gil; Evantic; Kleiner Perkins
• Amount Raised: $200 million
• Total Raised: $1+ billion (over)
• Funding Stage: (Series F)
• Funding Date: March 25, 2026

Qualified Health Raises $125M in Series B Funding to Scale AI in Healthcare

Qualified Health today announced a $125 million Series B funding round to expand its AI platform for health systems. The Boston startup provides an enterprise AI platform that helps hospitals and health systems securely deploy and scale AI across clinical and administrative workflows. The round was led by NEA (New Enterprise Associates) and included new backers Transformation Capital, GreatPoint Ventures, Cathay Innovation, and the Anthology Fund (Menlo Ventures/Anthropic), as well as existing investors.

Rising demand from hospitals for AI that streamlines everything from billing to clinical care is fueling this growth. Qualified Health plans to use the funding to accelerate customer rollouts and product development. Its platform is already in use at major health systems (Mercy, Emory, Jefferson Health, University of Texas system, etc.) with reported revenue and cost improvements in early deployments.

• Startup: Qualified Health
• Investors: NEA (lead); Transformation Capital; GreatPoint Ventures; Cathay Innovation; Menlo Ventures’ Anthology Fund; (existing investors SignalFire, Frist Cressey, Flare, etc.)
• Amount Raised: $125 million
• Total Raised: Not disclosed (Series B)
• Funding Stage: Series B
• Funding Date: March 25, 2026

Granola Raises $125M Series C to Build Enterprise AI Meeting Assistant

AI startup Granola has raised $125 million in Series C funding, bringing its valuation to $1.5 billion, TechCrunch reported on March 25. The round was led by Index Ventures’ Danny Rimer, with participation from Kleiner Perkins’ Mamoon Hamid and existing investors Lightspeed, Spark, and NFDG. Granola began as a personal, on-device meeting transcription app, and has since expanded into an enterprise-grade AI meeting platform that transcribes meetings, generates summaries, and now supports team collaboration features (“Spaces” with shared workspaces and APIs).

With $192 million in total raised, the startup has deployed its AI note-taking to organizations such as Asana, Vanta, and Mistral AI. The new funding will accelerate the rollout of features for business use (enterprise API access, teams sharing, etc.) and support growth in the competitive AI meeting-management space.

• Startup: Granola
• Investors: Index Ventures (lead, Danny Rimer); Kleiner Perkins (Mamoon Hamid); Lightspeed Venture Partners; Spark Capital; NFDG (existing)
• Amount Raised: $125 million
• Total Raised: $192 million
• Funding Stage: Series C
• Funding Date: March 25, 2026

Adonis Raises $40M in Series C Funding to Automate Healthcare Billing

Adonis, a New York–based AI platform for healthcare revenue cycle management, announced a $40 million Series C round. The funding was led by Quadrille Capital, with participation from others, bringing Adonis’s total funding to $95 million. Adonis uses AI orchestration to automate tasks like insurance denial prevention, claims resolution, and revenue recovery for hospitals and physician groups.

The capital will accelerate product development and market expansion as health systems face rising denial rates and need smarter billing workflows.

• Startup: Adonis
• Investors: Quadrille Capital (lead)
• Amount Raised: $40 million
• Total Raised: $95 million
• Funding Stage: Series C
• Funding Date: March 25, 2026

Spade Raises $40M in Series B Funding for AI-Driven Transaction Data

Spade, a fintech startup based in New York, raised $40 million in a Series B round to scale its AI-powered transaction-enrichment platform. The round was led by Oak HC/FT, with participation from Lightspeed Venture Partners, Jibe Ventures, Illuminate Financial, and Phoenix Insurance. Spade’s software transforms raw financial transaction strings into structured, categorized merchant intelligence for banks and fintechs, improving fraud detection and analytics.

The startup has now raised $61 million to date and will use the funding to grow its engineering and sales teams in response to demand for smarter payment data management.

• Startup: Spade
• Investors: Oak HC/FT (lead); Lightspeed Venture Partners; Jibe Ventures; Illuminate Financial; Phoenix Insurance
• Amount Raised: $40 million
• Total Raised: $61 million
• Funding Stage: Series B
• Funding Date: March 25, 2026

PAVE Space Raises $40M in Seed Funding to Develop In-Orbit Propulsion Engines

Swiss space startup PAVE Space closed a $40 million seed round on March 25 to commercialize its in-space propulsion technology. The funding was led by Visionaries Club and Creandum, with additional investment from Lombard Odier Investment Managers, Atlantic, SISTAFUND, b2venture, ACE Investment Partners, Ilavska Vuillermoz Capital, Pareto Ventures, and Motier Ventures. PAVE, founded in 2024, is developing storable-bipropellant rocket engines (LYOBA and IBEX) to make orbital maneuvers and transfers more cost-effective.

The fresh capital follows an earlier $2 million raise and will fund accelerated testing (hot-fire tests and in-space demos) and scaling up its team. PAVE’s technology could cut the cost of reaching higher orbits by enabling spacecraft to piggyback on cheaper launches and then use PAVE’s kick-stage engine to reach GEO or cislunar space.

• Startup: PAVE Space
• Investors: Visionaries Club; Creandum; Lombard Odier; Atlantic; SISTAFUND; b2venture; ACE Investment Partners; Ilavska Vuillermoz Capital; Pareto Ventures; Motier Ventures
• Amount Raised: $40 million
• Total Raised: ~$42 million (including ~$2M prior)
• Funding Stage: Seed
• Funding Date: March 25, 2026

Glimpse Raises $35M in Series A Funding to Automate Retail Invoice Disputes

Glimpse, a San Francisco fintech startup, announced a $35 million Series A led by Andreessen Horowitz on March 25. Y Combinator and 8VC also participated. Glimpse’s platform uses AI to automate the financial “deductions” process between brands and retailers – identifying invalid deductions on invoices (e.g., charges for damages or pricing errors) and automatically filing disputes to recoup lost revenue.

The company has raised a total of $52 million (reclassifying a prior $10M round as seed) and works with brands like Suave and ChapStick. CEO Akash Raju says brands often leave millions on the table due to billing errors, and Glimpse’s AI agents log into retailer portals, extract relevant docs, and autonomously resolve claim disputes.

• Startup: Glimpse
• Investors: Andreessen Horowitz (lead); 8VC; Y Combinator
• Amount Raised: $35 million
• Total Raised: $52 million
• Funding Stage: Series A
• Funding Date: March 25, 2026

Thesis Care Raises $45M in Series A Funding to Expand AI-Powered Care Teams

Thesis Care (formerly “Thesis”) raised $45 million in Series A funding to expand its AI-powered clinical support platform. The round was led by Oak HC/FT, with participation from CRV and angel investors, including Black Opal Ventures. Thesis combines AI agents with expert clinicians to manage high-impact clinical workflows (patient outreach, follow-up, etc.) for healthcare organizations.

The new capital (bringing total funding to $60M) will fuel commercial expansion and the buildout of its unified care management platform. Thesis, founded in 2024, reports rapidly growing customer traction and says its AI agents are already helping providers handle administrative tasks at scale.

• Startup: Thesis Care
• Investors: Oak HC/FT (lead); CRV; Black Opal Ventures; (plus healthcare tech angels)
• Amount Raised: $45 million
• Total Raised: $60 million
• Funding Stage: Series A
• Funding Date: March 25, 2026

Trayd Raises $10M in Series A Funding to Automate Construction Back-Office

Trayd, a New York construction tech startup, raised $10 million in Series A funding to scale its back-office automation platform. The round was led by White Star Capital and included participation from Y Combinator, Suffolk Technologies, and real estate investor RXR Realty. Trayd’s software automates payroll, HR, compliance, and labor cost tracking for specialty contractors (plumbers, electricians, etc.), addressing a $260B payroll complexity problem.

The company says its tools cut payroll processing time for contractors from roughly 14 hours to under 30 minutes per week. The latest capital brings Trayd’s total funding to $17M. Trayd plans to use the funds for product development and national expansion.

• Startup: Trayd
• Investors: White Star Capital (lead); Y Combinator; Suffolk Technologies; RXR Realty
• Amount Raised: $10 million
• Total Raised: $17 million
• Funding Stage: Series A
• Funding Date: March 25, 2026

Onit Security Raises $11M in Seed Funding to Automate Vulnerability Remediation

Onit Security, an Israeli cybersecurity startup, emerged from stealth with $11 million in seed funding. The Tel Aviv–based company was co-founded by Ofer Amitai (ex-SCADAfence) after a prior startup suffered a breach due to an unfixed vulnerability. Onit’s AI-driven platform tackles the vulnerability backlog problem by automatically prioritizing and remediating security flaws.

Onit Security’s agents assess business impact, assign ownership, and can even apply fixes without manual handoffs, dramatically shrinking unresolved vulnerability queues. The seed round was led by Hetz Ventures and Brightmind Partners, with additional angel investors. Onit Security says the funding will be used for product development and industry expansion as it seeks to prove that automating remediation can outpace attackers.

• Startup: Onit Security
• Investors: Hetz Ventures (lead); Brightmind Partners; angel investors
• Amount Raised: $11 million
• Total Raised: $11 million
• Funding Stage: Seed
• Funding Date: March 25, 2026

Tech Funding Summary Table