Section 1 — Funding Briefing
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Wednesday, March 18, was a dynamic day for early-stage US funding, with over **$200 million** invested across at least 14 deals. The activity spanned a wide range of sectors, from deep-tech AI and cybersecurity to healthcare and even the funeral industry. While several large Series A rounds were led by prominent VCs, a healthy number of seed rounds featured participation from notable individual angel investors, including top executives and founders from the AI and security communities.
The largest round of the day was an **$80 million Series A** for **Latent**, a clinical AI company accelerating medication access, co-led by Spark Capital and Transformation Capital. The security sector also saw significant investment, with **Corridor** raising a **$25 million Series A** for its AI-native software development security platform, and **Raven** securing a **$20 million seed** round for its runtime application security technology.
| COMPANY |
AMOUNT |
ROUND |
FOCUS |
LEAD INVESTOR |
| Latent |
$80M |
Series A |
Clinical AI for Medication Access |
Spark Capital, Transformation Capital |
| Corridor |
$25M |
Series A |
AI-Native Software Security |
Felicis |
| Condor Software |
$24M |
Series A |
Financial Intelligence for Life Sciences |
Insight Partners, Felicis |
| Raven |
$20M |
Seed |
Runtime Application Security |
Norwest Venture Partners |
| Autoscience |
$14M |
Seed |
Automated AI Research Lab |
General Catalyst |
| Attuned Intelligence |
$13M |
Seed |
Healthcare AI |
Not specified |
| Meadow Memorials |
$9M |
Series A |
Online Funeral Planning |
Lachy Groom, Haystack |
| Manifold |
$8M |
Seed |
AI Detection & Response for Endpoints |
Costanoa Ventures |
| Handle |
$6M |
Seed |
AI Operations Platform |
Andreessen Horowitz |
| Respan |
$5M |
Seed |
Proactive AI Observability |
Gradient, Y Combinator |
| Agora Care |
$3.07M |
Equity |
Care Platform |
(Form D) |
| Mave Health |
$2.1M |
Seed |
Neurotech Wearable |
Blume Ventures, Stanford Angels |
| CareVerse AI |
$154K |
Seed |
AI-Powered Care Platform |
(Reg CF) |
| RAAPID |
Undisclosed |
Series A Ext. |
AI Medical Coding |
UPMC Enterprises, M12 |
Section 2 — Individual Angels Identified
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We identified 7 individual angel investors who participated in the March 18 funding rounds. Full contact details and background notes are provided below.
Slavik Markovich
Co-founder and CEO of Descope. Previously co-founder and CEO of Demisto, which was acquired by Palo Alto Networks. He is also an angel investor in several cybersecurity startups, including Raven Cybersecurity.
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Location: Los Altos, CA
Portal Match: Founder Portal
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LinkedIn: Profile
X Profile: Profile
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Lachy Groom
Lachy Groom is the co-founder of Physical Intelligence and a prominent angel investor. He was formerly the Head of Stripe Issuing at Stripe.
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Location: San Francisco, CA
Portal Match: Finance Portal
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LinkedIn: Profile
X Profile: Profile
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Semil Shah
Semil Shah is the founder and general partner at Haystack, a venture fund that has invested in companies like Meadow Memorials, DoorDash, and Instacart.
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Location: Mill Valley, CA
Portal Match: Founder Portal
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LinkedIn: Profile
X Profile: Profile
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Joe Sullivan
Joe Sullivan is the CEO of Joe Sullivan Security LLC, and the former Chief Security Officer of Uber, Facebook, and Cloudflare. He is also a former federal prosecutor.
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Location: Palo Alto, CA
Portal Match: Workplace-ai.com
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LinkedIn: Profile
X Profile: Profile
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Vijay Bolina
Former Chief Information Security Officer at Google DeepMind, Mandiant, Booz Allen, and USG. Builds and leads deeply technical teams.
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Location: San Francisco, CA
Portal Match: Workplace-ai.com
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LinkedIn: Profile
X Profile: Profile
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Dhaval Shroff
Dhaval Shroff is a core contributor to Tesla's Autopilot and Full Self-Driving (FSD) AI team, where he has worked since 2014. He is also a photographer and angel investor.
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Location: Palo Alto, CA
Portal Match: Workplace-ai.com
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LinkedIn: Profile
X Profile: Profile
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Raymond Russell
For the past five years, Raymond Russell has been investing in early-stage deep tech in the US and India. Previously, he spent six years at Boom Supersonic as a COS.
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Location: United States
Portal Match: Founder Portal
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LinkedIn: Profile
X Profile: Profile
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