Morning VC Brief丨2024.10.11

Morning VC Brief is an expert daily curation of tech and venture news. Feel free to forward; the sign-up is here

00. TL;DR

1/ Wealth Management Startup Farther raises $72M Series C

2/ AI Assistant for Doctors Suki raises $70M Series D

3/ AI Governance Startup Relyance raises $32M Series B

4/ Collaborative Sustainability Platform Scope3 raises $25M Venture Round

5/ Financial Data Platform Numeric raises $28M Series A

6/ Decline Recovery Solutions FlexFactor raises $16.8M Series A

7/ Retail Supply Chain AI Startup Ameba raises $7.1M Seed Round

8/ AI-Powered Timekeeping Startup Billables raises $3.9M Seed Round

01. Venture News

1/ Wealth Management Startup Farther raises $72M Series C

Farther is the leading technology-centric wealth management firm – empowering expert advisors with cutting-edge technology to deliver an efficient, comprehensive, and elite client experience. This round was led by CapitalG and Viewpoint Ventures. Link

2/ AI Assistant for Doctors Suki raises $70M Series D

Suki is a leading technology company that provides AI voice solutions for healthcare. Suki Assistant uses generative AI to automatically create clinical documentation by ambiently listening to patient-clinician conversations. This round was led by Hedosophia with participation from March Capital, Breyer Capital, Venrock and more. Link

3/ AI Governance Startup Relyance raises $32M Series B

Relyance is building the trust and governance infrastructure for the AI era. This round was led by Thomvest Ventures and M12 with participation from Cheyenne Ventures, Menlo Ventures and more. Link

4/ Collaborative Sustainability Platform Scope3 raises $25M Venture Round

Scope3 is on a mission to decarbonize media and advertising. Scope3 has broadened its vision beyond the advertising ecosystem to encompass the AI industry. This round was led by Google Ventures with participation from Venrock, Craft Ventures, and more. Link

5/ Financial Data Platform Numeric raises $28M Series A

Numeric is building the modern platform for accounting data & ops. This round was led by Menlo Ventures with participation from IVP, Socii Capital, Founders Fund, 8VC, and more. Link

6/ Decline Recovery Solutions for eCommerce Brands FlexFactor raises $16.8M Series A

FlexFactor is a cutting-edge provider of decline recovery solutions for eCommerce brands. FlexFactor's proprietary AI-powered platform sets a new standard in recovering false payment declines. This round was led by Bessemer Venture Partners. Link

7/ Retail Supply Chain AI Startup Ameba raises $7.1M Seed Round

Ameba is a supply chain management platform uses AI to enable real-time data aggregation and automation. This round was led by Hedosophia with participation from Anamcara Capital, Visionaries Club, and more. Link

8/ AI-Powered Timekeeping Startup Billables raises $3.9M Seed Round

Billables is an AI platform for professional service providers that streamlines operations with its flagship AI-powered timekeeping solution. This round was led by Wing VC with participation from F7, SignalFire, Darkmode, Alumni Ventures, and more. Link