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It will be valued at more than $2 billion in a new funding round, Business Insider has learned. AdvertisementVanta, a startup that helps companies comply with security standards, is set to be valued at more than $2 billion in a new insider funding round, multiple sources told Business Insider. Vanta was last valued at $1.6 billion in a 2022 funding round led by Craft Ventures on October 12, 2022, according to Forbes. CrowdStrike Holdings, Atlassian Ventures, HubSpot Ventures, Workday Ventures, Acrew Capital, Pioneer Fund, ASDF Ventures, Zag Capital, Sequoia Capital, Frontline Ventures, Y Combinator and LAUNCH Fund also participated in the last round. This story is available exclusively to Business Insider subscribers.
Persons: , Vanta Organizations: Sequoia, Craft Ventures, Service, Business, Forbes, CrowdStrike Holdings, Atlassian Ventures, HubSpot Ventures, Acrew, Pioneer Fund, ASDF Ventures, Zag, Sequoia Capital, Frontline Ventures Locations: Acrew Capital
Employee benefits startup Kota has raised $5.3 million in a seed round led by Swedish investor EQT Ventures. Kota helps businesses and employees track their enrollment and contributions through integrations with benefits providers. "Europe is very fragmented with lots of different pension and insurance plans making it hard for small companies to offer benefits because it's expensive and often very manual." Kota's seed round was led by EQT Ventures with participation from existing investors Northzone and Frontline Ventures. Check out Kota's 11-slide seed funding pitch deck below:
Persons: Luke Mackey, Kota, Mackey, Van Der Voort, Romain Huet, EQT Organizations: EQT Ventures, Irish, Frontline Ventures Locations: Swedish, Europe, Kota
The startup uses AI to improve patient monitoring in hospitals and care homes. Check out the 13-slide deck used to secure the fresh funds. A startup that wants to deploy AI to help address nursing shortages just raised $5.3 million in fresh funds. While Teton's term sheet was completed before the recent frenzy around generative AI, Thorsen noted that it had some impact in the latter part of their fundraising efforts. Check out the 13-slide pitch deck used to raise the fresh funds.
Solvo.ai has raised $4 million to build out its machine learning tech for the logistics industry. The startup aims to help logistics firms build more responsive and resilient supply chains. Check out the 12-slide pitch deck the startup used to raise the funds in a seed round below. British startup Solvo.ai has raised $4 million in seed funding to boost its machine-learning tech to help logistics companies build more resilient supply chains. Solvo.ai raised its fresh funds in a seed round led by European venture capital firms Speedinvest and Frontline Ventures.
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