July was eventful for Beantown startups where four startups alone raised $615 million, with Indigo leading July’s blockbuster deal worth $300 million. Other big rounds included restaurant management platform Toast that raised $115 million; payments processor Flywire raised $100 million and wireless internet startup Starry raised $100 million.
It was a great month for venture capital funds too. Early-stage VC firm Glasswing Ventures announced its debut fund focused on AI startups. The $112M fund is the largest AI-focused debut fund on the East Coast, capitalizing on the nation’s premier academic institutions and the exceptional talent of the East Coast.
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Below are the 25 startups that raised capital in July.
American Well raised $75.4M, in addition to $291M raised in June, according to federal filings.
Needham, Mass.-based sales learning and coaching platform Allego raised a $7.5M investment round led by General Catalyst.
Armored Things, a company that uses Internet of Things devices and their data to keep large venues safe, completed a $5.5M seed round of financing.
Mobile video platform Burst raised $4M as a part of its $10M equity funding round, according to a Form D.
Big data-as-a-service provider Cazena raised $10M from investors Andreessen Horowitz, Formation 8 and Northbridge Venture Partners, with participation from Persistent Systems.
According to a new regulatory filing, cybersecurity firm Censio raised $500K in an equity offering.
Cignifi, a startup that uses mobile data to calculate credit scores, raised $4M in equity funding, according to a Form D notification.
MIT-born AI startup, Cogito raised $37M in a round led by the growth equity division of Goldman Sachs.
Cambridge-based Madaket Health, a cloud-based, healthcare SaaS platform raised $10M in Series B funding.
Boston-based cybersecurity company ObserveIT closed its Series B round of funding at $33M.
Perceptive Automata, a Somerville, Mass.-based provider of AI technology for autonomous vehicles, emerged from stealth and announced it has raised $3M in seed funding.
Customer data and engagement platform SessionM announced that it closed a $23.8M funding round led by Salesforce Ventures.
Spiro Technologies, a Boston-based provider of a sales-oriented, AI-powered customer relationship management platform, announced the completion of its $1.5M second seed round, bringing the company’s total funding to more than $5M.
Squadle, the Cambridge-based restaurant-tech startup, raised $3M from Companyon Ventures, Walnut Ventures, in a round led by a private investor.
Tamr, a machine learning company announced the closing of an $18M strategic round of funding that includes its customer Samsung Ventures.
TVision Insights, a media measurement startup focusing on the attention paid to programming and advertising on television, raised a $11.5M round led by Accomplice Ventures and Jump Capital.
Jason Jacobs, the co-founder and former CEO of fitness app Runkeeper, has raised $1.25M for a new startup, Two Way Labs Inc.
TowerIQ, a market-neutral communication platform for the insurance industry, announced that it has raised $2M in a seed funding round led by Hyperplane Venture Capital.
Virtudent, a Newton, Mass.-based service that is bringing dental care directly to offices, raised $8M, according to another SEC filing.
Deep learning software provider for life science and healthcare organizations Vyasa Analytics, that emerged from stealth mode in January, announced that it received a $1.8 million loan from MassDevelopment’s Emerging Technology Fund.
Zippity, a mobile car maintenance service that launched in Boston last year, raised $2M in an equity offering, according to a Form D.
