Vial has raised a $67M Series B funding round to enable a cheaper clinical trial process for several treatments. The company is based in San Francisco. More: - Vial offers a tech platform through which it claims it is able to drop the cost of clinical trials by as much as 50%.
- Vial enables organizations to recruit and match with the best specialists that are the best fit for a particular clinical trial process.
- This platform is applicable in therapeutic fields such as oncology, dermatology, ophthalmology, neurology, gastroenterology, and cardiology.
- The funding round was led by General Catalyst and supported others such as Byers Capital and BoxGroup.
- It aims to deploy the funds toward R&D that makes trials cheaper and faster and expand in the U.S., the European Union, and the Asia-Pacific region.
- Vial's latest funding round means the company has now raised over $100M since being founded in 2020.
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Y-Combinator graduate Joy has raised a $60M Series B to expand its wedding planning platform. The U.S.-based company has grown 3x YoY. More: - Joy is a company that helps couples plan their wedding and honeymoon. Its users can build their own wedding website and/or app that helps them show information, manage RSVPs, send invitations, etc.
- The company has seen 3x YoY overall growth and 4x YoY growth in the number of wedding gifts processed through its platform.
- Joy aims to use the funding to double its team and invest in product development.
- General Catalyst led this funding round.
- The California-based company has raised $107M in funding since its inception in 2016.
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 A message from REALPHA This Startup Is Leading A Real Estate Investing Revolution Short-term real estate has 70% higher revenue potential than long-term, but massive barriers to entry have kept the everyday investor out. Too expensive. Too stressful. Too inaccessible. That’s all changing thanks to reAlpha. They’re using AI and machine learning to deliver a platform where users can part-own vacation rental properties like they would a stock. But there’s an even better opportunity for investors today: you can become a shareholder in the entire company for a limited time. With a new $200M financing facility and a $40.8 Million equity deal, reAlpha’s on track to build a seriously massive portfolio given the pending housing price dip. Join reAlpha at the cutting edge of real estate disruption for as little as $1,000. The opportunity ends December 8th. Invest Here
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Miami-based Ostro has raised a $45M funding round to help patients find the proper treatment. The company claims it has helped over 3 million people find treatments. More: - Ostro offers a suite of digital products that aim to help patients find personalized treatment plans and inform healthcare professionals about different treatments by showing them ads.
- The company's products are separated into three categories:
- Navigate (shows different treatments to healthcare professionals, helping them become more informed on what options they have)
- Attribute (offers online and offline engagement metrics to companies that market their products in Ostro)
- Consult (helps patients connect with the right healthcare professional that recommends them the correct treatment plan)
- Ostro has worked with companies such as Google, Amazon, McKinsey & Company, etc.
- The company was backed by Founders Fund, Byers Capital, Caffeinated Capital, Greycroft, Bling Capital, Trust Ventures, and RRE Ventures.
- Ostro has raised $55M in funding since its inception in 2019.
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Sphere Technology Solutions has raised a $31M Series B to help companies protect their valuable assets from external threat actors. The company is based in Newark, New Jersey. More: - Sphere provides a proprietary SaaS identity hygiene platform that helps companies evaluate their access and data protection controls, protect its users and data across cloud and on-premises, patch security flaws that leave certain users vulnerable, etc.
- By using this approach, companies can shrink their attack surface and lower the chance of having their data fall into the wrong hands.
- Sphere's clients include Goldman Sachs, RBC Royal Bank, TD Bank, etc.
- This Series B round was led by Edison Partners, with participation from existing investor Forgepoint Capital.
- With this investment, Sphere aims to expand its SaaS suite, develop partnerships, and boost its growth through marketing and sales.
- The company, founded in 2009, has raised $45M since its inception in 2009.
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Today's funding 💵 Health tech - Medical Informatics (Texas), provides a virtual care and analytics platform: $27M B equity and debt co-led by Catalio Capital Management with participation from Intel Capital.
- Re-Vana Therapeutics Ltd (Northern Ireland), develops therapeutics for the treatment of ocular diseases: $11.9M A led by Visionary Ventures with participation from ExSight Ventures, InFocus Capital Partners, Qubis Ltd, Co-Fund NI, and TechStart Ventures.
Cybersecurity - Pangea Cyber (California), provides a suite of security services for cloud and mobile app developers: $26M B led by GV with participation from Decibel and Okta Ventures.
Consumer - ResortPass (New York), offers daily access to luxury hotels and resorts: $26M B co-led by Declaration Partners and 14W, with participation from CRV, William Morris Endeavor, Gwyneth Paltrow, Jessica Alba, and Brian Kelly.
Metaverse/XR - CommonGroud (California), builds immersive virtual experiences: $25M Growth led by Marius Nacht, Matrix Partners, Grove Ventures, and StageOne Ventures.
Sustainability - FigBytes (Canada), provides an insight platform for environmental, social, and governance projects: $14.5M Growth equity and debt led by Quantum Innovation Fund and Silicon Valley Bank.
Artificial Intelligence - Frame AI (New York), helps companies measure their customer feedback efficiency through AI: $7.6M Growth led by G20 Ventures with participation from FirstMark, Greycroft, Velvet Sea Ventures, ValueStream Ventures, Twilio, and LiveRamp.
Gaming - Midnight (California), a game development studio known for games such as Legion: $7.5M Seed led by Shima Capital, Forte, SNACKCLUB, Overwolf, Woodstock Fund, FJ Labs, and Bixin Ventures.
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- RailVision Analytics, a Canada-based company that aims to improve efficiency in the rail industry, has raised a $4M Seed round led by Trucks Venture Capital with participation from MUUS Climate Partners, Blackhorn Ventures, Incite.org, Measured Ventures, Active Impact Investments and Neil Murdoch.
- Framework Ventures and Chapter One led a $3M growth round for Daylight, an API provider that sends all Web3 perks that crypto users qualify for in their crypto wallet.
- GreenTribe led a $1.2M funding round for climate tech startup IPG. The latter is based in London, United Kingdom.
- Meta has given a $400,000 grant to Retreat, an Arizona-based company that builds virtual reality courses and experiences.
- Learn how consumers act, think, and what they expect in this special report covering purchasing habits, social media, and more. Get the free report.*
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 |  | Arbër is an Inside writer who also has experience in entrepreneurship. He has experience covering Consumer Tech, Venture Capital, NFTs, Crypto, etc. Arbër holds a Bachelor's degree in Business from XAMK University in Finland. When he is not reading(and writing) business news, he chooses to watch sports or anime...and then read news about sports or anime. |   | | Editor | Aaron Crutchfield is based in the high desert of California. Over the last two decades, he has spent time writing and editing at various local newspapers and defense contractors in California. When he's not working, he can often be found looking at the latest memes with his kids or working on his 1962 and 1972 Fords. | |
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