Morning VC Brief丨2026.03.20

Week12 Highlights丨Cloaked, XBOW, Arc Boat, Paraform, Deeptune, Standard Template Labs, Edra, Parallel

Author

eric gu
March 20, 2026

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/ Privacy Security Platform Cloaked raised $375M Series B

  • Product: Bundled security and privacy solutions including data removal, identity theft insurance, VPN, dark web monitoring, and AI-powered call screening

  • Highlight: 10x growth last year, 350K+ paying customers; protected 10M identities, cleaned up 1B+ records from data broker sites; processed 50M+ scam calls since launch

  • Investors: General Catalyst(Lead), Liberty City Ventures(Lead), Lux Capital, Human Capital, Marquee Ventures

  • Source

2/ Offensive Security Platform XBOW raised $120M Series C

  • Product: Autonomous offensive security platform combining AI reasoning with offensive security workflows, delivering expert-level security testing at machine speed

  • Highlight: Valuation over $1B (unicorn); reached top of HackerOne leaderboard

  • Investor: DFJ Growth(Lead), Northzone, Sofina, Alkeon Capital, Altimeter, NFDG Ventures, Sequoia Capital

  • Source

3/ Electric Boat Maker Arc Boat Company raised $50M Series C

  • Product: Electric boats manufacturer, expanding into commercial and defense markets

  • Highlight: first major order for electric tugboats worth $160M from Curtin Maritime Opendoor, with drag‑and‑drop canvases and proactive agent templates

  • Investor: Eclipse(Lead), a16z(Lead), Menlo Ventures(Lead), Lowercarbon Capital

  • Source

4/ Agentic Hiring Platform Paraform raised $65M Series B

  • Product: Agentic Hiring Platform where expert recruiters and intelligent AI systems collaborate to help companies fill critical roles faster

  • Highlights: Helped 1,000+ companies hire; average candidate salary $260K/year; time to hire ~12 days; recruiters earned $50M+ to date

  • Investors: Scale Venture Partners(Lead), Felicis, A* Capital, Liquid 2 Ventures

  • Source

5/ AI Simulation Platform Deeptune raised $43M Series A

  • Product: High-fidelity simulations of the digital world where AI agents improve at useful work through reinforcement learning

  • Highlights: Team from Anthropic, Scale AI, Palantir, Modal, Glean, Retool, and Hebbia; believes distilling economy into environments is critical for AGI

  • Investors: Andreessen Horowitz(Lead), 776, Abstract Ventures, Inspired Capital

  • Source

6/ IT Service Automation Standard Template Labs raised $49M Seed

  • Product: AI-first service management platform that automatically resolves enterprise IT requests by interpreting them and triggering necessary workflows

  • Highlights: Founder Amit Agarwal spent 13+ years building ServiceNow as President and CPO; team backgrounds from Amazon, Meta, Datadog; first company incubated within ICONIQ in firm's history

  • Investors: ICONIQ(Lead), CRV(Lead)

  • Source

7/ Enterprise Knowledge Base Edra raised $30M Series A

  • Product: Platform that turns operational data into a living knowledge base to automate workflows

  • Highlights: Founded by two Palantir veterans (Eugen Alpeza, Yannis Karamanlakis); customers include HubSpot, ASOS, and Cushman & Wakefield

  • Investors: Sequoia(Lead), 8VC, A* (Kevin Hartz's venture firm)

  • Source

8/ Healthcare AI Agent Parallel raised $20M Series A

  • Product: Building AI agents for hospitals that operate directly inside hospital software, automating administrative work

  • Highlights: Deployed across dozens of public and private hospitals; can be deployed in as little as a week vs 12-24 months for traditional integrations; first focus on medical coding

  • Investors: Index Ventures(Lead), Frst, YC, Hexa, and notable angels including Arthur Mensch (Mistral)

  • Source