Club PropTech’s Post

💰 Funding Alert 💰 RealSage 💲 Amount Raised: $4M 🚀 Series: Seed 💡 Founded: 2022 👥 Founders: Arunabh Dastidar, Gaurav Madani, Zain Nathoo 🔍 Problem: Multifamily real estate sector faces challenges in finance management and decision-making ✅ Solution: AI-driven software platform to enhance decision-making for real estate asset managers, improving operational efficiency and profitability through predictive, data-driven models 🤝 Investors: York IE, Karman Ventures, StellifiVC, Golden Section, Second Century Ventures, and others. Subscribe below to our newsletter for more! 👇 #venturecapital #proptech #AI #realestatetech

Genmo, co-founded by Paras Jain, has launched Mochi 1, a powerful open-source video AI model rivaling Runway and Kling. Backed by a $28.4M Series A funding round led by NEA, with support from The House Fund, Gold House Ventures, and angel investors like Abhay Parasnis and Amjad Masad, read the announcement in the news section on colaeb.com

onechart (Prev: medX Insight), led by alumni of the Residency @ The Clinic incubator program, has secured funding from venture capital firm Ripple Ventures, its second significant investment in a year. This is an amazing milestone for Shreyas Suri and Max Chan, and their business partners Kevin Ouyang and Adil Mohammed. Read the full story: https://lnkd.in/edrVYirS . https://onechart.ai/ . #MacHealthICE #TheClinic #healthinnovation #residency #mcmaster #mcmasteru #ai #artificialintelligence #medicalchart #aiinhealthcare #healthcareai #chartscribe #medicalscribe

Cortex, cofounded by Ganesh Datta and Anish Dhar, raised $60M in new funding, led by Scale Venture Partners, Cross Creek, Alpha Square Group, Sequoia Capital, Y Combinator, and others! With this new infusion of capital, the company is looking to grow developer awareness around IDPs further and invest in their platform capabilities with enhanced workflows, engineering intelligence, user interface, and of course, AI. Read the announcement in the news section on collaborateandelevate.com 

PMF is not just about a demo. Founders, especially those who are product-focused, and even more so in today's era where AI is accelerating creativity and execution tenfold, should shift their obsession from burning money and raising funds based on a demo to an obsession with the product and its users. If you must raise funds, ensure you and your investors agree not to pressure you into focusing on the next round until you’ve reached at least $100K MRR. Therefore, for 99% of AI companies, there may be no need for Series A, B, or even D, E, F rounds. This highlights the importance of early-stage accelerators, and YC is definitely the best. The position defines the mindset—most investors, once they invest in you, want you to quickly present impressive stats and tell an even more impressive story to secure the next round, and the round after that. This will completely shift your focus from product and users to a game of fundraising.

5️⃣ 🇪🇺 rounds to pay attention to this week 👇 1️⃣ Palm 🇸🇪🇳🇱 (Fintech / Treasury Management) – Modernizing cash flow management with AI for global businesses. 💰 Raised $6.1M led by Speedinvest, with participation from Upfin.vc, Liquid 2 Ventures, and Greens Ventures. 2️⃣ Capsa AI 🇬🇧 (AI / Private Equity) – Automating due diligence in private equity. 💰 Raised €2M led by Outward VC, Cornerstone VC, and Antler. 3️⃣ Root Signals 🇫🇮🇺🇸 (AI / GenAI Quality Measurement) – Setting new standards in generative AI quality control. 💰 Raised €2.5M led by Angular Ventures, with Business Finland. 4️⃣ Steerlab 🇫🇷 (AI / Sales Automation) – Transforming RFP processes with AI-driven solutions. 💰 Raised $1.9M led by Dreamcraft Ventures, with HEARTFELT_ & STATION F. 5️⃣ StratifAI 🇩🇪 (AI / Precision Oncology) – Advancing cancer care through AI-powered solutions. 💰 Raised €1.5M led by Neulogy Ventures, MultiplexDX International, and Christoph Haarburger, Debiopharm Innovation Fund and Arve Capital

How are VCs feeling about the current environment? Find out below!

Bem Secures $3.7M Seed Funding - Funding Details: Bem, an AI data interface company, raised $3.7M in seed funding led by Uncork Capital with participation from notable investors. - Purpose of Funding: The funds will be used to advance research and development to enhance Bem’s AI data interface platform. - Company Overview: Founded by Antonio Bustamante and Upal Saha, Bem provides a universal communication protocol facilitating seamless data exchange between diverse systems. Subscribe to our daily newsletter here for more AI news https://lnkd.in/dPq4TDeD #AI #Startups #VentureCapital #Innovation #Entrepreneurship #Business #Technology #Investing #Fundraising #ArtificialIntelligence #SoftwareEngineering