Morning VC Brief丨2025.02.07

Week06 Highlights丨Semgrep, Archive, Fay, Riot, MagicSchool, Avelios, 7AI, Jump, Ivo, Atma

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/ AI AppSec Engineer Semgrep raises $100M Series D

2/ Resale Platform for Brands Archive raises $30M Series B

3/ Vertical AI for Dietitians Fay raises $50M Series B

4/ Employee Security Posture Management Platform Riot raises $30M Series B

5/ AI Education Platform MagicSchool raises $45M Series B

6/ Healthcare IT Startup Avelios raises $31M Series A

7/ Agentic Security Platform 7AI raises $36M Series A

8/ AI Assistant for Financial Advisor Jump raises $20M Series A

9/ AI Contract Review Agent Ivo raises $16M Series A

10/ Consumer Mobile App Atma raises $5.5M Seed Round

01. Venture News

1/ AI AppSec Engineer Semgrep raises $100M Series D

Semgrep lets security teams partner with developers and shift left organically, without introducing friction. Their vision is autonomous (but still transparent and deterministic) security decision-making at scale. This round was led by Menlo Ventures with participation from Lightspeed Venture Partners, Felicis, Sequoia Capital, and more. Link

2/ Resale Platform for Brands Archive raises $30M Series B

Archive builds innovative, scalable, and profitable resale businesses for global brands. The platform support a wider range of retail categories, including apparel, footwear, accessories, home goods, furniture, toys, electronics, and outdoor gear. This round was led by Energize Capital with participation from Lightspeed Venture Partners, Bain Capital Ventures, and more. Link

3/ Vertical AI for Dietitians Fay raises $50M Series B

Fay platform gives dietitians “superpowers,” automating burdens like insurance claims, scheduling, and patient follow-ups so they can focus on providing intimate and thoughtful care. This round was led by Goldman Sachs with participation from Forerunner, General Catalyst, and more. Link

4/ Employee Security Posture Management Platform Riot raises $30M Series B

Riot help companies build a better shared security posture with their real-time employee cybersecurity monitoring solution. Over the past five years, the Riot team has grown to support over a million learners to be safer and more secure together. This round was led by Left Lane Capital with participation from Y Combinator, Base10, and more. Link

5/ AI Education Platform MagicSchool raises $45M Series B

MagicSchool is the leading AI platform in education. They are now partnered with more than 10,000 schools, with an educator using MagicSchool in nearly every U.S. school district—and in 160 countries around the world. This round was led by Valor Equity Partners with participation from Bain Capital Ventures, Adobe Ventures, and more. Link

6/ Healthcare IT Startup Avelios raises $31M Series A

Avelios has ambitions to build a new kind of end-to-end healthcare operating system, leaning into more modern tooling using AI and cloud services. This round was led by Sequoia Capital with participation from Revent, HTGF, and more. Link

7/ Agentic Security Platform 7AI raises $36M Series A

7AI is bringing a swarming ecosystem of AI agents to the fight against cyber threats. This round was backed by Greylock, Spark Capital and CRV. Link

8/ AI Assistant for Financial Advisor Jump raises $20M Series A

Jump uses AI to help financial managers automatically take notes, stay compliant, update their CRM, and serve clients. This round was led by Battery Ventures with participation from Citi Ventures, Sorenson Capital, and more. Link

9/ AI Contract Review Agent Ivo raises $16M Series A

Ivo powers the world's most comprehensive and accurate AI Contract Review platform, designed to help legal and business teams accelerate time-to-close and unblock contracts from key business processes. This round was led by Costanoa Ventures with participation from Fika Ventures, Uncork Capital, NFDG, and more. Link

10/ Consumer Mobile App Atma raises $5.5M Seed Round

Atma is building toward a future where everyone will be able to create and share powerful, useful software. They start with a mobile app that let users imagine, craft and share creation experiences. This round was led by First Round Capital. Link