Hailey Bieber on Selling Rhode to e.l.f. Beauty for Up to $1B and Keeping Creative Control
Hailey Bieber and cofounder Lauren Ratner sold Rhode to e.l.f. Beauty in a deal worth up to $1 billion.
Hailey Bieber and cofounder Lauren Ratner sold Rhode to e.l.f. Beauty in a deal worth up to $1 billion.
Australian startup Apate.ai deploys thousands of AI agents that pose as scam victims to bait fraudsters and extract their bank accounts.
Mosqitter is converting its chemical-free mosquito traps into an AI-powered monitoring network that identifies species and tracks population changes. The Pennsylvania startup has over 5.
Payward, the parent company of crypto exchange Kraken, agreed to acquire Lithuania-based Saldo Bank.
Why it matters: The deal shows how a crypto exchange can use an EU banking license to offer deposits, loans and SEPA transfers that US trust charters do not permit.
Koch Disruptive Technologies, the venture arm of Koch Inc., made a strategic investment in San Francisco startup Emanate.
Why it matters: Koch's venture arm backing Emanate shows industrial sales as a new target for autonomous agents, with details on how the startup measures and gates its autonomy.
Floqer, an autonomous customer knowledge platform for B2B sales teams.
Salience Labs raised $125 million in an oversubscribed Series B led by Bullhound Capital.
Same story, shown in Top Deals《Oxford photonics startup Salience Labs raises $125M Series B led by Bullhound》
Leela raised a $4.6M seed round co-led by Array Ventures and Female Founders Fund to build AI agents that execute compliance work for regulated financial businesses. Its RegLang language links each requirement to the underlying tasks and evidence, and agents already handle fraud and AML reviews, customer complaints, and draft suspicious activity reports for human review. One early customer's 40 policies became 262 actionable obligations.
Why it matters: Leela's seed round and RegLang approach show how AI agents are moving from tracking compliance work to executing it in regulated finance.
Duvo, founded by Rohlik's Tomas Cupr, raised a $32M Series A led by Balderton Capital.
Same story, shown in Top Deals《Duvo raises $32M Series A led by Balderton Capital》
Salience Labs raised a $125 million Series B led by Bullhound Capital, with Intel Capital.
Same story, shown in Top Deals《Oxford photonics startup Salience Labs raises $125M Series B led by Bullhound》
Humanly has acquired CareerArc, combining its AI chat and interview screening tools with CareerArc's social recruiting and career-site mapping software. CareerArc's HireSocial and Job Maps products join Humanly, which has raised $52 million to date and serves over 120 customers including Microsoft and Domino's. Nine of CareerArc's 13 employees are joining Humanly, now at 50 staff.
Groundcover launched agent-to-agent observability, letting Claude, Codex.
Booking Holdings unveiled Vayo, a Seattle-based AI travel startup led by Mike Fridgen.
Why it matters: Booking Holdings is funding a Seattle startup whose travel agents read inbox confirmations and rebook flights, a test of whether vertical agents beat general-purpose assistants.
Huskeys Security launched Profiling, a beta capability that maps which parts of a company's web applications the business depends on and applies per-path security controls. The profile feeds Huskeys' Hardening Loop, which watches profiled paths for abuse and recommends fixes that customers must approve before going live. Huskeys has raised $35 million, including a $27 million Series A led by Blackstone Innovations Investments in September.
Fragment, a New York startup founded by Thomas Neckel and Varun Mohan.
Why it matters: Fragment's $12M Series A shows how startups are building financial guardrails for AI agents that spend company money, with early customers like Ramp and BILL.
Skeleton Technologies announced a Siemens-led nine-digit investment that lifts its valuation above $1 billion.
Why it matters: Skeleton's Siemens-led round shows how AI data-centre power demand is pulling industrial capital into energy hardware rather than chips alone.
Duvo, the enterprise AI operating system founded by Rohlik's Tomas Cupr, raised a $32M Series A led by Balderton Capital with Index Ventures.
Why it matters: Duvo's $32M Series A and its founder's account of why most agentic AI deployments stall offer a concrete look at enterprise automation economics.
Pear VC closed its fifth fund at $333 million, about $99 million less than the $432 million it raised in May 2023.
Why it matters: Pear VC's smaller Fund V shows how seed investors are betting that early founder access, not fund size, decides who wins AI deals.
Forgepoint raised a $9.8 million seed round led by Primary Venture Partners and a16z speedrun.
Why it matters: Forgepoint's seed round shows how AI quoting agents are entering factory sales desks, with Frank already at seven-figure ARR and rivals raising nearby.
Harmonic Security raised a $50 million Series B led by Crosspoint Capital Partners.
Why it matters: Harmonic's $50M Series B lands as two rivals get acquired, so readers can weigh whether standalone AI-usage security survives or gets absorbed into larger platforms.
Forgepoint raised $9.8 million in seed funding co-led by Primary Venture Partners and a16z Speedrun to expand Frank.
Same story, shown in Top Deals《Forgepoint raises $9.8M seed led by Primary and a16z speedrun for factory quoting AI》
Evos, officially Evolutionary Operating System Inc., raised $9 million in pre-seed funding led by Uncork Capital and Field Ventures.
Same story, shown in Top Deals《Evos raises $9M pre-seed to run AI operators inside existing business systems》
Uvi, officially Naboo Research Ltd., raised $7.5 million in seed funding led by CT Innovations.
Why it matters: Uvi's seed round and benchmark numbers show how much enterprises pay to rebuild agent context, and how a shared context layer changes that cost.
Harmonic Security raised $50 million in an oversubscribed Series B led by Crosspoint Capital Partners.
Same story, shown in Top Deals《Harmonic Security raises $50M Series B led by Crosspoint Capital》
JPMorgan missed on revenue and earnings for the first time in nearly three years.
Giant has raised $8M to build generative AI storytelling tools that let children create characters and shape stories in real time.
Jessica Herrin, founder of Stella & Dot, raised $5 million in seed funding for Marklo.
Why it matters: Forerunner's backing of a founder who ran a $2B seller network shows how commerce investors are betting on AI that decides what to promote, not just drafts the copy.
Vast Data is pushing back on best-of-breed agentic pipelines, arguing stitched-together tools lose sync between source data.
Crunchbase reports 38 companies joined its Unicorn Board in September, adding $71 billion in value.
Scimplify raised a $25M all-equity round led by Hitachi Ventures, with Henkel and Teknor Apex joining as investors.
Why it matters: Scimplify's round shows how AI agents are being applied to specialty chemicals and critical materials, with revenue and customer numbers that indicate real commercial traction.
Stride, the preventive health membership founded by Olympic medalist Andrew Steele.
Why it matters: Stride's seed round shows how consumer preventive health is being built around lab diagnostics and an AI copilot, with retention as the open question.
Over 400 women leaders gathered at the Unlock VC Summit in Barcelona from October 7 to 9.
Affinity Labs raised $2M in a round led by Fuel Ventures, including a £497,787 Innovate UK grant.
Antler invested £2.2 million across 10 UK pre-seed startups, with roughly £210.
Chainguard unveiled Chainguard Harness, a vulnerability-hunting service using frontier models such as Anthropic's Claude Mythos 5.1.
Getty Images plans a prearranged Chapter 11 bankruptcy that will take the company private while keeping its Seattle headquarters and its roughly 300 local employees. Members of the Getty family and Koch Equity Development affiliates will invest up to $533 million and co-own the company, with bondholders retiring $270 million in unsecured debt and public shareholders expected to be wiped out. Getty posted $84 million in operating income on $981 million in revenue last year but a $206 million net loss, and its creative stock-photo revenue fell 2.6% in Q2 amid competition from AI-generated images.
Why it matters: Getty's prearranged Chapter 11 shows how AI-generated imagery and smartphone photography are pressuring the stock-photo business model.
Pluto Security raised $42 million, about a fifth as a seed round led by TLV Partners and the rest a Series A led by Jump Capital.
Why it matters: Pluto Security's $42M raise shows how AI agent discovery and policy-based containment are becoming a distinct enterprise security category.
Bumble is in advanced talks with Ithaca Holdings on a take-private deal valuing it at about $1B.
Causa Prima raised a $20M seed round led by Base10 Partners, with QED Investors and FJ Labs joining.
Why it matters: Causa Prima's two-sided agent network for invoice disputes shows how AI finance startups are moving from single-company tools to cross-company settlement.
Five AI-powered platforms are positioning themselves as TherapyNotes alternatives for behavioral health practices.
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