GSBuilds Digest: Climate Deals, AI Seed Rounds, and Multiple Acquisitions

The latest news and milestones across GSB-founded companies

With the summer only a month away, GSB founders are closing deals, launching new products, and securing new funding rounds. On campus, aspiring founders are itching to start working on their ideas full time in the summer months.

Have news or opportunities you'd like featured? Let me know! (khalil@gsbuilds.co)

If you were forwarded this newsletter and you’d like to receive it in the future, subscribe here.

Angel Network

GSBuilders, if you’re in the early days of the entrepreneurial journey and starting to raise, shoot me a note. I’ve built out a personal list of 100+ active Angel / Pre-Seed investors and may be able to help facilitate intros.

Securing The Bag

🧑‍⚕️ Anatomy (Sasha King, Callum King), which utilizes AI to automate the healthcare back-office, raised $7.6M. https://bit.ly/3JHsPxp

🔌 Arch (Phil Krinner), a data intelligence platform for HVAC contractors, raised $6.2M in seed funding. https://bit.ly/3QsKhd3

💸 AwanTunai (Dino Setiawan), a provider of financing and payment services to Indonesia’s micro and SMEs, raised $27.5M in Series B funding. https://bit.ly/4b0QODM

💰 axio (Gaurav Hinduja, Sashank Rishyasringa) (formerly known as Capital Float), a digital lender, has raised $6M in venture debt. https://bit.ly/3w92jdo

🏦 Cascading AI (Lukas Haffer), which is bringing AI to the banking industry, raised a $3.9M pre-seed funding round. https://bit.ly/4dpxqSw

🔗 Figure Technologies (Mike Cagney, June O.) launches new blockchain-focused entity, Figure Markets, after raising $60M in Series A. https://bit.ly/4b4gy2b

🧑‍🤝‍🧑 Team management app Homebase (John Waldmann) welcomes $60M Series D to give SMBs ‘superpowers’. https://yhoo.it/3xXMKWu

🛍️ Jumbotail (Ashish Jhina, Karthik Venkateswaran), a B2B marketplace and retail platform, raised $18.2M in a Series C3. https://bit.ly/3JP1GIR

👷 PermitFlow (Francis Thumpasery), which is looking to build the TurboTax for construction permitting, raised $31M in Series A. https://bit.ly/3QoeXMr

🫰 Reset (Matt Dicou, Wes Rodriguez), an earned wage access startup, raises $2.3M in seed funding. https://bit.ly/3y956Ug

📟 Business insurance provider, Vouch (Sam Hodges), closed a $25M Series C-1 investment round. https://bit.ly/4a81Bux

Launches, Milestones, & Acquisitions

🦿 Avail Medsystems’ (Daniel Hawkins) technology was purchased by Mendaera, a medical robotics startup. https://bit.ly/3xZhztH

🏛️ Gather (Alex Avery & Rob Urstein), membership software for museums and universities, was acquired by Mighty Networks. https://bit.ly/4bFqeA3

🏠 Kasa Living (Roman Pedan), flexible accommodation operator opened its latest property in Downtown Asheville, North Carolina. https://bit.ly/3JIeDUV

🗃️ Odetta (Katharine Wolf), a data workflow delegation company powered by highly education yet underemployed women globally, launched “Odetta in Slack” to help startups get AI-powered projects done quickly in Slack. https://bit.ly/4dMaY6v

🙂 Swiftly (Henry Kim), a retail tech company, acquired the alcohol promotions platform, BYBE. https://prn.to/3JGCV1s

💳 Tango Card (David Leeds), a B2B gift card firm, is being acquired by branded payments provider, Blackhawk Network. https://bit.ly/3xUrzEw

🌎 Vaulted Deep (Julia Reichelstein), a carbon sequestration startup, signed a $58.3M offtake with Frontier Climate to deliver 152,480 tons of permanent carbon removal over the next few years. https://bit.ly/4dGF2QS

🤝 Via (Maite Diez-Canedo, Itziar Diez-Canedo), an international employment platform, was acquired by Justworks. https://bit.ly/4dnK6JF

🥤 wildwonder (Rosa Li), a pro- and prebiotic sparkling drink brand, released a Raspberry Lychee flavor and is preparing to seek out additional funding. https://bit.ly/4dm1kqK

📢 Want to tell the GSB community what you’re working on? Shoot me a note (khalil@gsbuilds.co) and we’d love to feature you in the next newsletter.

Great Legal Help - More Important Than Ever

Cooley is one of Silicon Valley’s premier law firms, helping generations of founders solve any legal needs, from the routine to the complex.

Reminder that GSBuilds founders can have significant fee deferral for corporate formation and financing work until you’ve raised >$1M. Email gclark@cooley.com with “GSBuilds Founder Deal” in the subject line to learn more.

And check out CooleyGo.com for great resources.

Thanks for reading the GSBuilds Digest! Please forward to any other members of the GSB community who should sign up, and check out the full database of GSB-founded companies: www.gsbuilds.co

As always, here’s to the builders!