Monthly Archives: January 2025

Recycle Track Systems Secures Financing to Accelerate AI Innovation and Expand Sustainable Waste Solutions Across North America

NEW YORK, Jan. 24, 2025 — Recycle Track Systems, Inc. (RTS), a pioneer in transforming waste and recycling management, proudly announces the closing of financing, raising over $40 million to drive innovation and reshape the future of waste management. This funding milestone will accelerate RTS’s mission to deliver smarter, cleaner, and more sustainable solutions through groundbreaking AI-powered technology like the revolutionary Pello sensor.

The round was led by current investor Edison Partners, with participation from Volition Capital, StepStone Capital Partners, and other major stockholders, underscoring strong market confidence and enabling the company to expand its footprint across the United States and Canada.

Greg Lettieri, Co-Founder and CEO of RTS, said:
“This round further strengthens RTS’s position as a pioneer in AI-powered waste management. The continued support from our investors reflects the market’s trust in our innovative approach to sustainability. This capital will accelerate our investments in AI, automation, and expand the deployment of Pello sensors across our customer base, enabling us to collect real-time waste data that sets a new standard for the industry. With this data, we’ll continue to drive innovation and advance how waste management is approached, unlocking new efficiencies and insights that will shape the future of the industry.”

Larry Cheng, Managing Partner at Volition Capital, said:
“We’ve seen RTS grow from a promising startup to an industry leader driving real change in waste management. This funding further accelerates RTS’s momentum, pushing the boundaries of AI and automation while expanding their impact across North America, solidifying their position as the industry’s most innovative and impactful player.”

Chris Sudgen, Managing Partner at Edison Partners, said:
“Edison is thrilled to lead this additional investment and continue our partnership with the company and other existing investors. RTS’ innovative technology and best-in-class execution in the waste and recycling management category continues to generate significant value for customers, resulting in the company capturing incremental market share each year. RTS is at an incredibly exciting inflection point and we couldn’t be more excited to support the company on the next leg of its remarkable journey.”

Shazi Visram, Board Member at RTS and Founder of Happy Baby Organics and HealthyBaby Verified Safe Diapers, said:
“RTS is uniquely positioned to help businesses and municipalities create healthier, more sustainable communities where our waste is better managed for our next generations. With a strong and passionate leadership team and solid foundation, I have full confidence in RTS’s ability to lead the transformation of this industry towards a better way. I’m beyond proud to be on this transformative journey from the early days to a brighter future that benefits us all.”

Deploying Pello AI Technology: Redefining Waste Management
At the heart of RTS’s innovation is Pello, a cutting-edge AI-powered sensor designed to transform waste and recycling operations. Pello provides real-time insights into container contents, fill levels, contamination, bin location, and temperature. Its intuitive dashboard enables businesses to optimize hauling, automate pickups, and accurately track ESG commitments, all while driving waste diversion and sustainability efforts.

Shaping Urban Waste Management Through Commercial Waste Zones (CWZ)
RTS has further solidified its leadership in the industry by securing a ten-year contract in New York City. As the youngest company selected through a highly competitive government RFP process, RTS stands out as one of five awardees for city-wide containerized services and as a zone awardee for three commercial waste zones. By integrating cutting-edge technology with municipal systems, RTS enhances customer service, optimizes collection tracking, and drives waste diversion efforts. In partnership with trusted, locally established haulers—Winters Bros., City Waste Services of New York, and Regency Recycling—RTS is advancing sustainability initiatives across all five boroughs.

This initiative is part of RTS’s broader strategy to grow its footprint across the United States and Canada, bringing AI-powered solutions to more cities and municipalities. The company’s technology-driven approach ensures greater efficiency and improved waste diversion, aligning with environmental goals and sustainability commitments nationwide.

Looking Ahead: A Sustainable Future
This new funding will fuel RTS’s next wave of innovation, expanding its AI-driven solutions and empowering businesses and municipalities across North America to accelerate the transition to a cleaner, more sustainable future.

About Recycle Track Systems
Recycle Track Systems, Inc. (RTS) is an industry leader in waste management, harnessing cutting-edge technology to transform how businesses and municipalities handle waste. RTS leverages AI, automation, and data analytics to optimize waste collection, diversion, and recycling programs, making sustainability easier, more efficient, and cost-effective. Key offerings such as the Pello sensor, the Cycle reverse vending rewards program, and full-service waste and recycling solutions empower clients to improve operational efficiency and reduce their environmental impact. With a focus on innovation and operational excellence, RTS is committed to creating a cleaner, more sustainable future. For more information, visit rts.com or follow RTS on LinkedIn, Facebook, Instagram, and X.

PRESS CONTACT
NAN HU
[email protected]

SOURCE Recycle Track Systems

Indigo, the AI Offer Negotiation Platform, Announces $8M Seed Round to Power Real Estate Teams, Buyers and Sellers Nationally

The investment will enable national expansion in 2025 – across markets that represent 75% of all home transactions in the US.

NEW YORK, Jan. 24, 2025Indigo, the first AI-powered platform for home negotiations, announces today it has secured $8 million to deliver offer insights, collaboration and transparency to real estate teams, buyers and sellers nationally. In the three months following launch, Indigo has experienced viral growth, exceeding 20% market share of home offers in its initial markets.

The seed round was led by Pete Flint at NFX, Clelia Warburg Peters at Era Ventures, and Paul Irving at GTM Fund. They were joined by 1Sharpe Ventures and Jake Seid.

While innovation has taken place in how people search for homes, very little has changed in how people navigate the home offer and negotiation process. The negotiation process is the centerpiece of any successful home transaction, essential in winning or losing a home. How to craft, negotiate and manage offers continues to be a top reason, for buyers and sellers, in choosing their real estate agent.

Yet, the $2 trillion home offer market is a manual and disjointed process surrounding complex legal documents and limited information sources, costing enormous amounts of time, frustration and heartbreak.

Indigo unifies the negotiation experience with real-time offer insights, bringing unparalleled speed and competitiveness to real estate agents, buyers, and sellers. Indigo unlocks insights from real estate contracts, to infuse data into every step of the home negotiation – from introduction to close – enabling all parties with the information they deserve to make life’s most important purchase.

“Homebuyers, home sellers, and agents face mounting challenges today with affordability, limited housing inventory, complex negotiations, and navigating new commission structures,” Shaival Shah, Co-Founder and CEO of Indigo said.

“By delivering a collaborative and streamlined experience, we empower all members of the transaction with the tools and context to balance what’s winning in the market, the means of the buyer, and the needs of the seller. We provide transparency into the transaction and help agents show their negotiating value. We are thrilled to partner with our investors to power the future of home negotiations together”.

Indigo’s Home Checkout is a collaborative experience with insights built directly into the workflows to design, submit, receive, and negotiate offers in one place. By helping agents and consumers automate tedious administrative overhead, Indigo saves time and brings visibility, clarity and simplicity to the process.

“We were drawn to Indigo’s vision that the market is shifting from a search-centric to transaction-centric model. Indigo is on the bleeding edge of that transformation, leveraging proprietary AI to create a magical home transaction experience for everyone. We are thrilled to back the Indigo team and their deep domain expertise,” said Pete Flint, General Partner at NFX.

Indigo creates a win-win outcome for buyers, sellers, and agents by providing tangible data and suggestions that can increase offer accept and closing rates – while saving countless hours of transaction management. Indigo’s team has increased offer accept rates by 35% and improved on-time closings by 40%. 

“On the heels of major industry changes, greater transparency around the home transaction has become vital. The home offer process is the fulcrum of home buying, yet it remains opaque and inefficient.” said Clelia Warburg Peters, Managing Partner at Era Ventures.” said Clelia Warburg Peters, Managing Partner at Era Ventures.

“I am confident that Indigo will pave the way for a smarter, more transparent future. This kind of innovation empowers every member of the home transaction experience and has the power to transform markets.”

Indigo was co-founded by Shaival Shah, Wei Gan, Paul Kim, and Frances Bryant. The founding team previously established Ribbon, the market’s first all-cash offers platform that facilitated over $20 billion in offers annually. Together, the team is leveraging their experience in designing home offers to help real estate professionals and consumers with the technology and tools to bring transparency and ease to the real estate market.

About Indigo:

Indigo is the first AI-powered platform for home negotiations. Indigo unifies the buying and selling experience with real-time offer intelligence, bringing unparalleled speed and competitiveness to real estate agents, buyers, and sellers. Indigo seamlessly manages communications, bidding, and negotiations – from introduction to close – into one collaborative experience. With Indigo’s Contracts AI, agents and real estate teams can seamlessly adapt and connect core contracts, workflows, and processes to generate insights and deliver a beautiful transaction to their buyers and sellers.

SOURCE Indigo

Allara Health Raises $26 Million in Series B Funding to Revolutionize Women’s Hormonal Healthcare

Led by Index Ventures with participation from GV (Google Ventures), this funding round underscores milestone growth, cross-country expansion, and new Chief Medical Officer

NEW YORK, Jan. 24, 2025Allara Health, the virtual care platform bridging the care divide for women battling chronic hormonal conditions, announced today its $26 million Series B funding round, bringing the company’s total funding to $38.5 million. Index Ventures led the round and partner Martin Mignot will join Allara’s board. Existing investor GV (Google Ventures) also participated in the round. This Series B investment will allow Allara to bring specialized care to women nationwide struggling with hormonal conditions.  

Today, 1 in 3 women will battle a chronic hormonal condition in their lifetimes, including polycystic ovarian syndrome (PCOS), endometriosis, and hypothyroidism – all of which can cause health challenges like infertility, high-risk pregnancies, obesity, and diabetes. For those struggling, receiving a diagnosis and finding high-quality, supportive care can be difficult: close to 70 percent of PCOS cases are undiagnosed, and it can take an average of ten years to receive an endometriosis diagnosis. Moreover, a study from KFF of women ages 18-64 found that close to 30 percent felt that their doctor had dismissed their concerns, leaving women to manage symptoms and long-term side effects on their own.

“Allara was built for the tens of millions of women living with complex hormonal and gynecologic conditions across the U.S., myself included,” said founder and CEO Rachel Blank. “After receiving a PCOS diagnosis without sufficient medical support, I realized firsthand the inequities that exist for many of us throughout the healthcare system. At Allara, we ensure women struggling with hormonal conditions can access affordable care that answers questions, minimizes symptoms, and helps them live fulfilling lives – and we are incredibly grateful for the support from our investors as we deliver on this mission.”

Allara’s team of experts, including OB-GYNs, endocrinologists, nurse practitioners, and Registered Dietitians, takes a whole-body approach to patient care, virtually delivering evidence-based solutions to help patients feel better faster. For its thousands of patients nationwide, Allara offers expert-led care plans that combine medical expertise, lifestyle management, and community support – creating treatment programs personalized to individuals and their unique needs. Within a few weeks of treatment from Allara, over 75% of patients report feeling more in control of their health, empowered about their care, and hopeful about their outcomes.

2024 was a landmark year for Allara. The company grew by 4x, officially launched its care model across all 50 U.S. states, and forged new insurance partnerships with health plans including Aetna, Blue Cross Blue Shield, Cigna, Humana, and United Healthcare. Allara also invested in its clinical leadership, welcoming new Chief Medical Officer Dr. Heather Huddleston, a specialist in reproductive endocrinology and infertility and director of the UCSF PCOS Clinic and research program. Dr. Huddleston will deepen Allara’s established clinical expertise and lead forays into new areas of care in the coming years.

“The challenges that women face in healthcare have been overlooked and underappreciated for too long,” said Martin Mingot, Partner at Index Ventures. “Allara has created a new way for women to engage with specialty care: personalized treatment delivered at scale by a team of experts who care deeply about their patients. As the healthcare market makes the jump from offline to online – similar to what we saw with consumer internet 20 years ago – there’s a significant opportunity to provide better access to care for patients and better quality of life for providers.” 

For more information about Allara, please visit allarahealth.com.

About Allara Health

Allara is a specialty care platform built for the tens of millions of women living with complex hormonal and gynecologic conditions, such as polycystic ovary syndrome (PCOS) and endometriosis. Allara makes expert healthcare accessible online by connecting patients with expert medical practitioners and Registered Dietitians who have a deep understanding of hormonal and metabolic care. Allara provides ongoing medical, lifestyle, and emotional support for chronic conditions, helping patients see improved health outcomes and achieve their individualized goals. To learn more about Allara, visit www.allarahealth.com.

SOURCE Allara Health

SignalPlus Closes US$11 Million Series B from AppWorks and OKX Ventures to Accelerate Crypto Derivatives Innovation

SignalPlus’s comprehensive product suite helps institutional clients effortless navigate the complexities of crypto derivatives with unprecedented ease

SINGAPORE, Jan. 24, 2025 — SignalPlus, a leading provider of cutting-edge software and infrastructure solutions for crypto derivatives, today announced the successful completion of a US$11 million Series B in up-round financing led by AppWorks and OKX Ventures, with participation from Avenir Group and HashKey. The proceeds from the financing will be used to fuel SignalPlus’s upcoming strategic expansion efforts.

Since its inception in 2021, SignalPlus has been a forceful innovator delivering tangible and institutional grade solutions to the crypto space. Led by an experienced team of capital markets veterans and technology architects, the company has released cutting-edge solutions via its QuantLab and Trading Terminal, which have received critical industry acclaim. These tools allow any user to effortlessly navigate the complexities of crypto derivatives through an intuitive UI/UX powered by a Wall-Street caliber trading engine.

“Building on our momentum and with the support of our investors, SignalPlus is poised to enter the new year as a key player in driving the continued evolution and institutionalization of crypto derivatives. We have ambitious plans to expand market share, develop additional advanced products, and scale our operations in-line with a crypto market that is enjoying unprecedented mainstream adoption,” — Chris Yu, Co-Founder & CEO of SignalPlus.

With this round of financing, SignalPlus will allocate the newly raised capital into three strategic areas:

  • Product Development: Expand its product suite of industry leading tools across quantitative trading and proprietary risk management, ensuring unparalleled support for both institutional and retail crypto traders.
  • Global Market Expansion: Strengthen its presence in key geographical centers to aggressively expand addressable market audiences with additional staffing and business development support.
  • Refining Operational Excellence: Expand its talent pool and development infrastructure to cater to a rapidly expanding and diverse client base.

Despite a challenging macro and operating environment, SignalPlus has consistently achieved and delivered on remarkable milestones. The company has integrated its flagship products across the industry’s leading exchanges, including Binance, Bybit, Deribit, OKX, and Paradigm. Moreover, SignalPlus’s comprehensive software product suite has earned widespread recognition from institutional clients, featuring risk management, market-making, and structured product automation tools capable of augmenting existing platforms. In sum, these moves have underscored SignalPlus’s credentials as a bonafide technology company—delivering patented, industry-leading solutions, and boasting a workforce with over 70% in STEM backgrounds.

“We’ve been working with Chris and James for over a year, and we’re continually amazed by how they over-deliver. They have a long-term vision for shaping the crypto derivatives trading landscape, and they’re willing to make tough decisions and sacrifice short-term profits to achieve their goals. At AppWorks, we work with 100+ startups every year, and Chris and James’ grit and exceptional execution abilities truly stand out.” Jessica Liu, Partner of AppWorks.

“As one of the most active investors in the crypto space, we’re constantly looking for teams that can transform crypto infrastructure into something truly institutional-grade. SignalPlus hits all the marks – they’re creating the kind of sophisticated derivatives infrastructure that traditional finance takes for granted. Their strong technology talent base and top-notch TradFi-experienced core team, combined with integration with major global exchanges like OKX, shows they understand both technical and market challenges. We’ve backed over 400 projects, and SignalPlus stands out for actually delivering on the promise of bringing Wall Street-caliber tools to crypto. This is exactly the kind of innovation we need to see more of as the market matures.” Jeff Ren, Partner of OKX Ventures.

About SignalPlus
SignalPlus is a venture-backed technology company building institutional-grade trading software focusing on digital assets. Our flagship crypto trading dashboard offers a full suite of pricing, analytics, and execution algos with multi-vendor and DMA access, perfect for high-touch trading strategies with a zero cost commitment. Furthermore, a powerful automation suite of pricing and volatility hedging tools is available to jump-start and scale a market-making operation right from its inception. SignalPlus’s mission is to democratize crypto trading access for all, offering quality without compromise regardless of your background.

For further information, please contact:
Corri Wang
+65 88107289
[email protected]
Website: www.signalplus.com

SOURCE SignalPlus

Creator Marketing Platform ShopMy Raises $77.5M to Pioneer Performance-First Approach

Investment from Bessemer Venture Partners, Bain Capital Ventures, and Menlo Ventures, follows profitability milestone and industry-defining platform innovations

NEW YORK, Jan. 24, 2025 — ShopMy, the platform transforming creator marketing into a powerful performance channel,  announced today a $77.5M Series B funding round led by Bessemer Venture Partners and Bain Capital Ventures, with participation from Menlo Ventures and previous investors Inspired Capital and AlleyCorp. The round features Jeremy Levine, Bessemer Venture Partners (Pinterest, Shopify, LinkedIn); Scott Friend, Bain Capital Ventures (Rent the Runway, Attentive, Docusign); Amy Wu, Menlo Ventures (Higgsfield, Mozi, Epic Games), and strategic investors including Geoff Donaker (Yelp COO), Eric Chan (Gap CBO), Campbell + Jett Puckett, Shea McGee, and Camila Coehlo.

A New Era for Creator Marketing

ShopMy has transformed creator marketing from an intangible asset into a measurable performance channel, delivering metrics previously exclusive to paid search and social. The platform combines direct creator connections, paid partnerships, and affiliate marketing with breakthrough automation features launched:

  • Lookbooks: ShopMy’s automated gifting feature, Lookbooks has been used to send product over 190,000 times, reducing the time spent on gifting initiatives and minimizing product waste.
  • Opportunities: A performance-driven feature that enables brands to intelligently allocate budgets and guarantee creator coverage, Opportunities has been used to generate 16,000 pieces of creator content in less than six months, garnering over 125M views.

This comprehensive approach has driven over $352M in brand sales at a 5x return on investment for brands, with more than 100,000 creators now driving commissionable revenue through the platform.

“By combining the authenticity of creator content with the precision of performance marketing, we’re empowering brands to transform creator partnerships into a scalable performance engine,” said Harry Rein, ShopMy’s co-founder and CEO. “This funding allows us to continue empowering brands to unlock the full potential of creator-driven commerce.”

Scaling Performance Through Influence

With this investment, ShopMy will grow its team and expand across new verticals including health & wellness, food and beverage, hospitality, and kids & family, while deepening its leadership in fashion and beauty. Leading brands such as Lululemon, Nordstrom, Dior, Hill House Home, and Sakara highlight that the most premium brands trust ShopMy to drive measurable results. Today, more than 50,000 brands are commissionable via ShopMy and over 550 brands rely on ShopMy’s technology to transform creator partnerships into performance marketing channels.

“ShopMy has cracked the code on scaling authentic influence,” said Jeremy Levine, Partner at Bessemer. “By transforming trusted recommendations into measurable performance marketing, they’re pioneering an entirely new approach to commerce. Their remarkable growth and profitability demonstrate the massive potential of this market, and we’re thrilled to partner with them as they expand their vision.”

About ShopMy

ShopMy is a premium, all-in-one, creator-centric ecosystem connecting top brands and influential creators. Through its seamless suite of tools and features, ShopMy transforms how these partnerships scale and perform, combining authentic content with measurable results that deliver an average 5x ROI while building lasting brand value.

With innovative features like Lookbooks and Opportunities, ShopMy is pioneering new ways for brands to effortlessly discover, activate, and measure creator partnerships. Expanding globally and across verticals beyond fashion and beauty, ShopMy continues to redefine how authentic recommendations drive performance marketing.

Press Contact:
[email protected]

SOURCE Shop My Shelf, INC.

Simple Proof Raises Pre-Seed Round to Protect Digital Truth Using Bitcoin Technology

NEW YORK, Jan. 23, 2025 — Simple Proof, a pioneer in Bitcoin-based data integrity solutions, announced today its pre-seed funding round led by ego death capital and Wolf. The investment will accelerate the development of Simple Proof’s Immutable Proof service, which leverages Bitcoin‘s Timechain and the OpenTimestamps protocol to create permanent, tamper-proof records of digital files.

In an era where AI-generated content threatens information authenticity, Simple Proof’s platform enables organizations to definitively prove when digital records were created and verify they haven’t been altered. Most notably, their experience demonstrates that even nation-state level deployments for national public records can be done as quickly as a few days thanks to their easy integrations. The technology creates an immutable timestamp of files by recording their unique digital fingerprint in the Bitcoin Timechain – the world’s most secure and decentralized digital ledger.

Jeff Booth, general partner at ego death capital, shared his enthusiasm about the investment: “We are incredibly excited to be investors in Simple Proof. For the first time in history, we have a chance to break Orwell’s dictum of ‘Who controls the present, controls the past; and who controls the past, controls the future.’ Their technology ensures historical records remain intact and verifiable, preventing selective deletions. All history will be saved so we can all learn from our mistakes and correct them.”

Simple Proof’s solution addresses critical needs across the public sector, where government institutions face mounting challenges in maintaining trust in their digital records amid sophisticated disinformation campaigns. The platform is particularly valuable for protecting voting records, public documents, and digital evidence – providing indisputable proof of document integrity from the moment records are created.

“Our mission is to restore trust in digital information,” said Rafael Cordon, CEO of Simple Proof. “By anchoring critical records to the Bitcoin Timechain, we’re building the foundation for a future where digital authenticity is independently verifiable, not assumed.”

For more information about how Simple Proof is setting new standards for digital integrity, visit www.simpleproof.com

About Simple Proof
Simple Proof is a US-based technology company building Bitcoin-powered solutions for data integrity and verification. By combining enterprise-grade infrastructure with Bitcoin Timechain technology, Simple Proof enables organizations to create permanent, tamper-proof records of their digital files in a fast and easy way.

Contact
Rafa Cordon: [email protected]
https://x.com/realsimpleproof
NOSTR: npub145lf2q6sgqtkhjzzeza29ss6gz7qq4j6vslaa0dwanvgf58ey3us069hce

SOURCE Simple Proof

NettyWorth Launches AI-Powered Loan Protocol with $124M Wallet Value, Unlocking Liquidity for NFTs and RWAs

SAN FRANCISCO, Jan. 23, 2025NettyWorth, the first AI-powered loan protocol for NFTs and Real-World Assets (RWAs), is reshaping decentralized lending with its official launch, achieving $124M in connected wallet value.

Currently in Beta, NettyWorth offers innovative tools that combine AI and blockchain technology to simplify access to liquidity. The protocol bridges the gap between traditional finance and decentralized finance (DeFi), unlocking the untapped potential of NFTs and RWAs.

Backed by Blockchain Founders Fund, London Real Ventures, Republic, Trive Digital, and Acacia Digital, NettyWorth is transforming the lending market with its cutting-edge technologies, including the NettyScore Credit System and AI-DeFi Agents.

“Reaching $124M in connected wallet value is a testament to the trust and utility our protocol provides to the community. We’re dedicated to creating innovative solutions that make access to capital easier across the DeFi ecosystem, with a vision to have $500M in connected wallet value by 2026,” said July Grullon, CEO of NettyWorth.

“NettyWorth is addressing real gaps in the market, unlocking liquidity for underutilized assets, and making DeFi more accessible. This milestone further demonstrates the team’s ability to deliver and scale impactful innovation,” added Aly Madhavji, Managing Partner at Blockchain Founders Fund.

NettyWorth Unveils Key Technologies Transforming Decentralized Lending

  • AI-DeFi Agents: Automates borrowing and lending, delivering secure, efficient, and scalable DeFi solutions.
  • NettyScore Credit System: A Web3 credit score that evaluates borrowers’ creditworthiness based on their on-chain loan history, creating trust and transparency.
  • API/SDK Integration: Enabling dApps to create loan marketplaces for NFTs and RWAs, expanding liquidity opportunities across ecosystems.

The $124M milestone showcases the protocol’s success in addressing gaps in the DeFi lending market with scalable, efficient, and transparent solutions. As NettyWorth grows, it remains committed to providing users with tools to unlock and maximize the value of their assets.

About NettyWorth
NettyWorth is the foundational infrastructure for blockchain-based loans, connecting borrowers and lenders for both NFTs and RWAs. With an ecosystem of AI-DeFi agents, credit scoring, and liquidity solutions, NettyWorth is driving innovation in decentralized finance.

For more information, contact:
Alcides Aguasvivas
COO, NettyWorth
Email: [email protected]
+1-201-697-7626
Website: www.nettyworth.io

SOURCE Nettyworth

Startup Nation Central Launches the Israeli Health Tech Top 100 of 2024 Landscape Map

TEL AVIV, Israel, Jan. 23, 2025 — Startup Nation Central, a nonprofit that promotes the Israeli innovation ecosystem globally, has released the Israeli Health Tech Top 100 of 2024 landscape map, celebrating Israel’s innovation and transformative impact in health tech. As the largest tech sector in Israel, encompassing over 1,600 companies, health tech demonstrates the nation’s leadership in digital health, medical devices, and biopharma. Curated from Startup Nation Central’s Finder business platform, this map highlights the most impactful startups in the sector, showcasing those that secured the largest funding rounds in 2024. These companies exemplify the dynamic investment landscape within the sector. In addition, the map spotlights the ecosystem’s standout investors and notable exits.

Health tech private funding in 2024 reached approximately $1.2 billion, demonstrating sustained momentum with a modest decline from the $1.6 billion raised in 2023. Digital health led the sector, attracting $545 million, followed by medical devices at $380 million and pharma/biotech at $262 million.

A notable trend in 2024 was a significant increase in the average funding amount per deal. Reaching $4.6 million across 102 rounds, this figure is more than twice the 2023 median of $2.16 million across 150 rounds. This suggests a shift towards larger, more impactful investments within the health tech landscape.

To provide a holistic view of the evolving health tech landscape, we included a dedicated section for the most prominent early-stage startups that have secured the largest pre-seed and seed funding rounds across digital health, medical devices, and biopharma including: 

  • AISAP (Digital Health): raised $13 million in seed funding to develop and commercialize its AI-powered ultrasound platform, for improving the accuracy and efficiency of cardiac ultrasound examinations.
  • DreaMed Diabetes (Medical Devices): secured $3 million in funding and strategic partnerships to develop its AI-powered platform endo.digital solution for personalized insulin treatment.
  • Promise Bio (Pharma & Medical Biotechnology): $8.3 million to advance precision medicine with epi-proteomics and AI to predict therapy response.

This map also features the top investors for 2024 including, Peregrine with 15 investments this year, eHealth Ventures is an incubator and VC firm with 8 startups in 2024 and Iron Nation is a non-profit organization, also stood out with their support of early stage ventures that address global health challenges.

2024 witnessed several exit activities, with the medical devices sector leading the way includin, among others: Innovalve Bio Medical (Medical Devices) by Edwards Lifesciences, V-Wave (Medical Devices) by Johnson & Johnson, C2i Genomics  (Medical Devices) by Veracyte, and more.

View Israel’s Health Tech Top 100 of 2024 landscape map here.

About Startup Nation Central: Startup Nation Central helps global solution seekers tackle complex challenges by giving them frictionless access to the expertise and solutions of Israel’s problem solvers – and their bold and determined approach to innovation. We call this Impatient Innovation.

Our free business engagement platform, Finder, grants unrestricted access to real-time, updated information and deep business insights into the Israeli tech ecosystem, explore potential opportunities, and forge valuable business connections.

Infographic – https://mma.prnewswire.com/media/2604715/Startup_Nation_Central_Infographic.jpg

SOURCE Startup Nation Central

Mobly Secures $4.3M Seed Funding to Revolutionize Event Marketing Technology

Funding round led by Jump Capital with strong participation from Eniac Ventures, Peterson Ventures, and existing investors.

LEHI, Utah, Jan. 23, 2025 — Mobly, Inc., an emerging leader in event marketing technology, announced today the successful closing of its $4.3 million seed round. The oversubscribed round was co-led by Jump Capital and Eniac Ventures with participation from Peterson Ventures, which also led Mobly’s pre-seed round. Additional support came from existing investors Tenzing.VC, Peak Ventures, and notable angel investors, including Jeron Paul and Francis Santora.

This funding milestone accelerates Mobly’s mission to become the premier platform for brands seeking to maximize the impact of their event marketing efforts through smarter lead capture, data-driven engagement, and streamlined workflows.

Founded in 2023 by Zach Barney and Kris Jenkins, Mobly’s cutting-edge technology platform has redefined the event marketing space by reducing the industry’s average “Speed to Lead” from 11 days to just a few minutes. Its platform empowers marketing and sales teams to create, manage, and analyze event-driven campaigns at scale, driving measurable results. Mobly’s automated CRM enrichment and engagement tools enhance lead quality and conversion rates, delivering significant value to its rapidly growing customer base of brands.

2024 saw Mobly achieve remarkable growth, with a 5x increase in revenue and a 4x increase in user growth. The company’s momentum underscores the rising demand for innovative event marketing solutions across all sectors.

“Securing such robust support from both new and existing investors is a testament to Mobly’s unique approach and vision for the future of event marketing,” said Zach Barney, Co-Founder and CEO of Mobly, Inc. “With this funding, we’re excited to accelerate our efforts in helping brands reach audiences in meaningful, measurable ways while leading the next generation of event marketing. With faster speed-to-lead and higher-quality data, our platform is already driving impressive results for our users – and this is just the beginning.”

Jump Capital’s investment reflects confidence in Mobly’s disruptive potential. “Event marketing has been underserved by digital transformation, and Mobly’s innovative, scalable solutions are uniquely positioned to lead this space,” said Saaya Nath Pal, Partner at Jump Capital. “We’re excited to support Mobly as it redefines how brands engage, capture, and convert leads in real-time.”

“When we first met Zach and Kris, it was immediately apparent they weren’t just building another point solution – they were reimagining a revenue engine from the ground up. Their approach represents the first truly modern take on events marketing,” said Kristin McDonald, Principal at Eniac Ventures. “Innovation within event marketing has lagged far behind the overall RevOps space, despite commanding significant budgets and offering clear ROI. Mobly brings the power of automation and AI native tools to event marketing for the first time.”

The new capital will fuel product development, enhance Mobly’s platform with new features, and integrations, and expand marketing and strategic partnerships to further its market reach.

About Mobly, Inc.

Mobly, Inc. is an innovative event marketing technology company that provides brands with powerful tools to create, execute, and analyze impactful events at scale. By harnessing data-driven insights, Mobly helps brands forge stronger connections with their audiences, enhancing engagement and ROI for event-based campaigns. To learn more about Mobly, visit https://www.getmobly.com/.

SOURCE Mobly