Happy start to Q4 2024!
To round out this year’s third quarter, we are back with our latest Friday “Fund” Day round up article. From funding news to new hires, these are the headlines you need to know:
Funding News
* Toolpath, started by Atlanta entrepreneur Andy Powell, closed a $10 million seed round through a list of Atlanta-based VCs and individual investors. More here.
* Infinite Giving, an Atlanta-based fintech startup, raised $2 million seed round. More on the round and what it means for the company moving forward here.
* City Detect, a startup born out of the University of Alabama and helping cities like Atlanta fight blight, raised a $2 million seed round to help grow its AI capabilities. More here.
* Austin-based Intellectible, a leading provider of AI-powered proposal writing solutions, announces the successful completion of its $1.44 million Seed Round funding. The round was led by Circadian Ventures, with participation from Anorak Ventures, and follow-on investments from Techstars and Plug and Play. More about the startup here.
* Florida-based YUNG Sidekick, a AI MBC and data management tool for mental health professionals, raised a $825,000 pre-seed round, per Crunchbase
New Hires
* Raleigh-based Digital.ai, an industry-leading technology company helping Global 5000 enterprises automate software delivery through its AI-powered DevSecOps platform, today announced it has welcomed Mike Davey to its organization to serve as Chief Revenue Officer. More on the news here.
In Other News
* QuestRead won the 97th edition of Startup Village pitch off at Atlanta Tech Village this week. You can read more about QuestRead during our latest Hypepotamus profile on the company here.
The Startup Atlanta Awards on Tuesday night was the kickoff to what will be a very busy month for Atlanta’s entrepreneurs. At a packed house at Tech Square, the local startup community gathered to celebrate this year’s winners across 9 categories. Missed the event in person? We’ve got your winners here!
Best startup for good – MapHabit
Best new startup – GenAI Healthcare
Underrepresented founder – Ask Me Your MD
Investor of the year – Lisa Calhoun
corporate customer of the year – Dell for Startups
Mentor of the year – John Yates
Community builder – Avoilan Bingham
Congrats to all the winners and to Startup Atlanta for a great event!
NC TECH just announced their finalists for this year’s awards ceremony. See the full list here. The NC TECH Awards will be announced LIVE on Wednesday, December 3 at the NC TECH Awards Gala.
