Startup Funding Report for December 3, 2024
Public, a multi-asset investment platform, just secured a whopping $105 million in funding led by Accel. This brings their total reported equity funding to $443.5 million. Founded in 2019 by Jannick Malling, Leif Abraham, Matt Kennedy, Peter Quinn, and Sean Hendelman, Public continues to make waves in the financial world.
On another note, Constrafor, a supply chain finance and risk management platform catering to the construction industry, has successfully raised $14 million in Series A funding. NFX led this funding round, bringing Constrafor’s reported equity funding to $27.8 million. Anwar Ghauche and Douglas Reed founded Constrafor in 2019, and the company shows no signs of slowing down.
Faraday, a unique training and certification platform that pairs individuals looking to start careers in skilled trades with local companies, recently raised $3.3 million according to a recent SEC filing. With a total offering of $4.8 million and six investors in this close, Faraday, founded by Alex Coleman in 2020, is on its way to changing the landscape of skilled trade careers.
Ferric, a provider of semiconductor power management and voltage regulation solutions, secured an impressive $32.1 million in funding, with a total offering of $50.9 million and eight investors in this close. Kenneth Shepard and Noah Sturcken founded Ferric in 2011, and the company continues to thrive in its industry.
Jones, a platform assisting the real estate industry with insurance compliance, raised $14.7 million in funding, with a total offering of $15 million and ten investors in this close. Founded by Michael Rudman and Omri Stern in 2017, Jones is making a significant impact in the real estate sector.
Lastly, InHouse, a commerce platform that helps vacation rental and boutique hotel hosts upsell guests, secured $3 million in funding from six investors according to a recent SEC filing. Founded by Jono Schafler and Michael Schafler in 2021, InHouse is making a name for itself in the hospitality industry.
It’s exciting to see these innovative companies secure the funding they need to continue their growth and make a difference in their respective industries.
