Morning VC Brief丨2025.09.25

Week39 Highlights丨Oura Ring, Distyl, Cardless, Greptile, Omnea, Hyperbound, Prosper AI

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

Table of Contents

01. Venture News

1/ Oura Ring Maker Oura Health Oy Raises $875M Series E

  • Product: Oura health and fitness ring for comprehensive wellness tracking

  • Highlight: 5.5M rings sold to date (up from 2.5M in June 2024), expected $1B+ revenue in 2025 (doubling from $500M in 2024), forecasts $1.5B+ sales in 2026

  • Source

2/ Enterprise AI Deployment Platform Distyl AI Raises $175M Series B at $1.8B

  • Product: Distillery AI Engine that deploys AI agents into enterprise systems and workflows, converting business operations into "AI routines"

  • Highlight: 9x valuation increase in 10 months (from $200M to $1.8B), 5x revenue growth in 2024, projected 8x increase in 2025

  • Investor: Khosla Ventures & Lightspeed Venture Partners (Lead), Coatue

  • Source

3/ Embedded Credit Card Platform Cardless raises $60M Series C

  • Product: APIs and prebuilt components that enable companies to design and launch branded credit cards in-house, controlling every touchpoint from application to rewards

  • Highlight: 400% year-over-year transaction growth for cards built on platform, cardholders spend significantly more than legacy bank cards

  • Investor: Spark Capital(Lead), Activant Capital, Industry Ventures

  • Source

4/ AI Code Review Agent Greptile raises $25M Series A

  • Product: AI code review agent that checks pull requests for bugs and coding standards, building the independent and universal code validation layer for collaborative human-AI development

  • Highlights: Reviewed 500M+ lines of code in a single month, prevented 180,000+ bugs, Greptile v3 catches 3x more critical bugs than v2

  • Investor: Benchmark Capital (Lead), Y Combinator, Initialized Capital

  • Source

5/ AI Sales Tax Automation Platform Numeral raises $35M Series B at $350M

  • Product: AI-driven sales tax compliance automation that handles tax law tracking across 11,000+ jurisdictions, filing, payment, and customer service like a human tax accountant

  • Highlight: 3.5x revenue growth over last year, serves 2,000+ software and e-commerce clients, handles complex tax rules

  • Investor: Mayfield (Lead), Benchmark, Uncork Capital, Y Combinator

  • Source

6/ AI Procurement Platform Omnea raises $50M Series B

  • Product: AI-powered procurement intake and orchestration platform that creates single front door for supplier requests, workflow orchestration, and AI Supplier Relationship Management

  • Highlight: 5x revenue growth and 3x headcount increase in past 12 months, helps customers save millions annually by reducing duplicative suppliers, transforms procurement from admin burden to growth driver

  • Investor: Insight Partners & Khosla Ventures(Lead), Accel, Point Nine, First Round Capital

  • Source

7/ AI Sales Training Platform Hyperbound raises $15M Series A

  • Product: AI-powered sales roleplay platform featuring voice and video avatar AI, real call scoring, custom AI scorecards, and learning modules for continuous sales team coaching

  • Highlight: Two consecutive months of adding $1M+ in new ARR, hit end-of-year projections before term sheet signing, supports 25+ languages, multiparty AI sales roleplays for complex scenarios

  • Investor: Peak XV Partners (Lead), Y Combinator, Snowflake Ventures

  • Source

8/ Healthcare Voice AI Platform Prosper AI raises $5M Seed

  • Product: AI voice agents specialized for healthcare's front and back-office workflows, handling patient scheduling, billing, insurance verification, and prior authorizations with direct EHR integrations

  • Highlight: 4x revenue growth since Q2 2025, 50-70% automation rate for inbound patient calls, 99% accuracy in payer IVR navigation

  • Investor: Emergence Capital(Lead), Y Combinator, CRV

  • Source