Index Ventures

Empathy Announces $47M Series B, Solidifying Its Position as a Leader in the Emerging Compassionate Economy

Retrieved on: 
Tuesday, March 12, 2024
Attention, Grief, Entrepreneurship, Allianz, Venture round, Mental health, Index Ventures, MetLife, Insurance, Life, Loss, Workplace, Family, Work

Empathy continues to set new standards for supporting families through grief and loss,” said Ron Gura, Co-Founder and CEO of Empathy.

Key Points: 
  • Empathy continues to set new standards for supporting families through grief and loss,” said Ron Gura, Co-Founder and CEO of Empathy.
  • “We are honored to provide help in a sustainable, scalable way by working with employers and insurance carriers to become the new standard for modern benefits.
  • The Series B funding will be used to expand Empathy’s services and cover new industries and regions nationwide.
  • “Empathy's approach to grief and loss support is defining the emerging compassionate economy, built around anticipating the needs of employees outside of work,” said Danny Rimer, Partner at Index Ventures.

Nourish Raises $35M Series A to Expand Access to Registered Dietitians

Retrieved on: 
Wednesday, March 27, 2024
Other Health, Software, Telemedicine, Virtual Medicine, Oncology, Apps, Applications, Technology, Artificial Intelligence, Fitness & Nutrition, Health Insurance, Cardiology, Health, Diabetes, Blood pressure, Partner, BoxGroup, Growth, Y Combinator, Disease, TCV, Patient, Conditional sentence, Weight loss, Food, Thrive Capital, Index Ventures, Cancer, NPS, Insurance, Eating disorder, Adolescence, Diet, RDS, Access, Prediabetes, Medicine

Nourish , a telenutrition platform that connects people to registered dietitians covered by insurance, announced today that it has raised $35 million in Series A funding.

Key Points: 
  • Nourish , a telenutrition platform that connects people to registered dietitians covered by insurance, announced today that it has raised $35 million in Series A funding.
  • With $44M in total funding since its founding in 2021, Nourish plans to accelerate development of its digital platform for patients and providers, expand its network of registered dietitians (RDs), and deepen its strategic partnerships with insurance companies.
  • “Our goal is to create a win-win-win for patients, providers, and payers,” said Sam Perkins, co-founder, President and COO of Nourish.
  • “Nourish aims to help tens of millions of Americans by providing access to a dietitian and the incredible nutritional education, accountability, and care that they provide.

Adaptive ML Raises $20M to Help Companies Build Unique GenAI Experiences

Retrieved on: 
Tuesday, March 12, 2024
Start-Up, Data Management, Technology, Professional Services, Business, Software, Artificial Intelligence, Networks, Internet, Fintech, Finance, Adaptation, ICONIQ Capital, OpenAI, Learning, Research, Index Ventures, Abstract, LLM, Engineering, ChatGPT, Alignment, Factorial

ICONIQ Capital , Motier Ventures , Databricks Ventures , IRIS , HuggingFund by Factorial , and many prominent angel investors joined the round.

Key Points: 
  • ICONIQ Capital , Motier Ventures , Databricks Ventures , IRIS , HuggingFund by Factorial , and many prominent angel investors joined the round.
  • Adaptive’s vision is to empower enterprises everywhere to leverage the benefits of ever-learning generative models and deliver intuitive experiences to lift key business metrics.
  • “At Adaptive ML, we are streamlining the path to more intuitive, stickier genAI applications, directly driving improved user experience and business outcomes,” said CEO Julien Launay.
  • The Adaptive platform abstracts away the technical details around fine-tuning and reinforcement learning, accelerating time-to-release for LLM-based products.

Vizcom Raises $20M Series A To Enable Design at the Speed of Thought

Retrieved on: 
Thursday, March 28, 2024
Ideation, SAN, Index Ventures, AI, Ford, Engineering, Life, Shoe, Creativity, Traction, Hand, CAD, Industrial design

SAN FRANCISCO, March 28, 2024 /PRNewswire-PRWeb/ -- Vizcom, a company deploying AI to transform the future of industrial design, announced today that it has raised $20 million in Series A funding. The round was led by Index Ventures with participation from a high-profile roster of angel investors, including Kyle Parrish, VP of Sales at Figma; Steve Mallouf, VP of Sales at Datadog; Daniel Sturman, former CTO of Roblox; and Ayush Sood, Director of Engineering at Figma. With this investment, Vizcom will continue to aggressively invest in developing its technology and hiring a strong team.

Key Points: 
  • With this investment, Vizcom will continue to aggressively invest in developing its technology and hiring a strong team.
  • "Our vision is to enable design at the speed of thought, and give industrial designers all the tools they need to open new doors for their creativity and bring their ideas to life."
  • Our vision is to enable design at the speed of thought, and give industrial designers all the tools they need to open new doors for their creativity and bring their ideas to life."
  • Vizcom is already making impressive traction towards this goal, working with industry giants like Ford and New Balance to enhance their design processes.

Superlinked Raises $9.5 Million Seed From Index Ventures and Theory Ventures to Fill the Gap Between Data and Vector Databases

Retrieved on: 
Monday, March 18, 2024
Vector, Recommender system, Attention, Partnership, RAG, SAN, ALL, Index Ventures, AI, Software, News, MongoDB, Analytics, Starburst, McKinsey & Company, PyTorch, Online shopping

SAN FRANCISCO, March 18, 2024 /PRNewswire-PRWeb/ -- Superlinked, the solution for turning complex data into vector embeddings, today announced it has received $9.5 million in seed funding. The round was led by Index Ventures, with significant contribution from Theory Ventures. 20Sales, Firestreak and several prominent tech executives also participated. News of the funding comes as Superlinked launches a private alpha of its product and closes enterprise customer contracts to make data accessible for ML systems in information retrieval and feature engineering. The fresh capital will be used to further scale to meet market demand and expand product capabilities, building on Superlinked's technology that makes structured and unstructured data ML-compatible, and therefore useful, for creating new solutions and deriving additional value from data on top of vectors.

Key Points: 
  • SAN FRANCISCO, March 18, 2024 /PRNewswire-PRWeb/ -- Superlinked , the solution for turning complex data into vector embeddings, today announced it has received $9.5 million in seed funding.
  • The round was led by Index Ventures , with significant contribution from Theory Ventures .
  • "We work in tandem with vector databases to put vectors at the center of enterprise data and compute infrastructure, democratizing the power that was once exclusive to a handful of tech giants."
  • "We're very bullish on the future of vector databases, but a significant gap remains in the market.

Clumio Announces $75M Series D and 4X YoY Growth in ARR

Retrieved on: 
Wednesday, February 21, 2024
Cloud, Running, NPS, Risk management, Altimeter Capital, LexisNexis, S3, ARR, Index Ventures, PB, Amazon, Sutter Hill Ventures, Cava, Snowflake, AWS

"While many legacy vendors offer products for on-premise data protection, backup and recovery at public cloud scale is a significant technical challenge that Clumio is uniquely positioned to solve."

Key Points: 
  • "While many legacy vendors offer products for on-premise data protection, backup and recovery at public cloud scale is a significant technical challenge that Clumio is uniquely positioned to solve."
  • Clumio also announced a 4X growth in annual recurring revenue (ARR) in 2023, fueled by accelerated enterprise customer acquisition—software powerhouse Atlassian , legal and risk management leader LexisNexis , and recently public fast-casual restaurant chain Cava to name a few.
  • "Clumio helped us automate the resilience of Jira Cloud,” said Alex Grach, Head of Engineering, Core Engineering Services at Atlassian.
  • For its streak of innovation and momentum in 2023, Clumio was awarded InfoWorld Technology of the Year in the Cloud Compliance and Governance category.

BrightGo Raises $3M to Digitally Transform America’s Fifth Largest Job Sector, Janitorial

Retrieved on: 
Monday, November 13, 2023
Human, Interest, SAN, Entrepreneurship, Supermarket, Smartphone, Dropbox, Index Ventures, School, Software, Meta, Management, Asana

“The janitorial industry has been underserved by the tech industry for more than 30 years, yet employs millions of workers across the U.S.,” said Gerald Fong, Co-Founder and CEO of BrightGo.

Key Points: 
  • “The janitorial industry has been underserved by the tech industry for more than 30 years, yet employs millions of workers across the U.S.,” said Gerald Fong, Co-Founder and CEO of BrightGo.
  • “The janitorial tools currently available are hard to use and are often either cumbersome and clunky or don’t talk to each other well.
  • At BrightGo, we are building the first janitorial platform that is both comprehensive and incredibly easy to use for the cleaner and the owner.
  • According to Indeed , janitorial workers make up the fifth largest job category in the U.S.

Coalition Appoints Oliver Bäte, Chief Executive Officer of Allianz SE, to its Board of Directors

Retrieved on: 
Wednesday, November 29, 2023
Professional Services, Data Management, Security, Technology, Insurance, Software, Internet, Organization, CFO, Multimedia, Allianz, Index Ventures, General partnership, McKinsey & Company, Thought, Management, Risk management, SpaceX, Coalition

Coalition , the world's first Active Insurance provider designed to prevent digital risk before it strikes, today announced the appointment of Mr. Oliver Bäte, Chief Executive Officer of Allianz SE, to the company’s Board of Directors.

Key Points: 
  • Coalition , the world's first Active Insurance provider designed to prevent digital risk before it strikes, today announced the appointment of Mr. Oliver Bäte, Chief Executive Officer of Allianz SE, to the company’s Board of Directors.
  • View the full release here: https://www.businesswire.com/news/home/20231128438754/en/
    “We’re thrilled to have Oliver join Coalition’s Board as it’s a testament to his commitment to technological innovation in insurance,” said Joshua Motta, Coalition’s Chief Executive Officer and co-founder.
  • Prior to this, he served in a number of leadership positions at McKinsey & Company, including Director of the firm’s European insurance and asset management practice.
  • “Today, businesses across the world are experiencing new types of risks, and our industry requires new thinking to address them,” commented Oliver Bäte, Chief Executive Officer of Allianz SE and new Coalition Board Member.

ACX and Sylvera partner to broaden access to high-quality carbon credit investment and trading

Retrieved on: 
Wednesday, December 6, 2023
Environmental Product Declaration, Organization, Balderton Capital, Entrepreneurship, Investment, AA, AAA, Salesforce, ACX, VCM, Index Ventures, ARR, Software, Partnership, Growth, Insight Partners, Risk management, Renewable energy, Carbon, SAN, Afforestation

Carbon data provider and exchange collaborate to launch a standardized contract of highly-rated carbon credits, promoting quality in the market.

Key Points: 
  • Carbon data provider and exchange collaborate to launch a standardized contract of highly-rated carbon credits, promoting quality in the market.
  • It is the first step in the partnership as the two companies team up to bring further transparency and improve accessibility in carbon credit trading.
  • This standardized contract is a first of its kind, giving buyers a scalable way to access high-quality carbon credits.
  • Sylvera is a leading carbon data provider on a mission to incentivize investment in real climate action.

AI Platform Built by Teachers, for Teachers, Class Companion Raises $4 Million to Tap Into the Power of Practice

Retrieved on: 
Thursday, October 5, 2023
Parent, Bureau of Labor Statistics, Student, GameChanger, Y Combinator, COVID, Master class, AI, Tesla, OpenAI, Pan, Education, Companion, Bureau, McKinsey & Company, Environment, Panic, Research, Deerfield High School, Acalanes High School, ChatGPT, SAN, Index Ventures, Learning, Bainbridge High School, Avery, San Marino High School, Tutoring

SAN FRANCISCO, Oct. 5, 2023 /PRNewswire-PRWeb/ -- Class Companion, a new AI platform that empowers teachers to give instant, personalized feedback to students, publicly launched today with $4 million in seed funding. The round was led by Index Ventures, with participation from the OpenAI Startup Fund, and notable angels including renowned operator and advisor Gokul Rajaram, Managing Director of Otherwise Fund Terrence Rohan, and AI luminary Andrej Karpathy, founding Research Scientist at OpenAI and former Senior Director of AI at Tesla. Funds will be used to improve the teacher experience and expand the team as teachers use their expertise to shape the AI to help students learn in new and exciting ways.

Key Points: 
  • "If we want to use AI to improve education, we need more teachers at the table," said Avery Pan, Class Companion co-founder and CEO.
  • "Class Companion is designed by teachers, for teachers , to harness the most sophisticated AI and improve their classroom experience.
  • "Class Companion is a gamechanger," said Peter Paccone, a teacher at San Marino High School and advisor to Class Companion.
  • "Avery and the team have built trust with teachers, students, and parents, delighting them with an easy-to-use and effective platform for personalized feedback."