Section 1 — Funding Briefing
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Thursday, March 19, saw another active day for US early-stage funding, with a notable concentration of high-powered angel investors backing fintech and healthcare startups. At least **$100 million** was deployed across more than a dozen deals, with two rounds in particular showcasing the power of operator-angels.
**Fragment**, a New York-based fintech infrastructure startup, raised a **$9 million seed** round backed by a slate of all-star tech executives, including the CEO of Uber, the CPO of Adobe, and the President of Coinbase. In the healthcare sector, **Carecubes**, a company transforming infectious disease response, secured a **$6.5 million Series A** with investments from the former CEOs of Aetna and Medtronic.
The largest rounds of the day were a **$30 million Series A** for **Edra**, an enterprise AI workflow automation company, and a **$30 million seed** round for **Claros**, which is tackling power management for AI data centers.
| COMPANY |
AMOUNT |
ROUND |
FOCUS |
LEAD INVESTOR |
| Edra |
$30M |
Series A |
Enterprise AI Workflow Automation |
Sequoia |
| Claros |
$30M |
Seed |
AI Data Center Power Management |
General Catalyst, Red Cell Partners |
| Anori |
$26M |
Spin-out |
Construction/Building Approval Platform |
Prologis, Builders VC |
| Carry |
$10M |
Series A |
Retirement Platform for Self-Employed |
Accomplice VC |
| Fragment |
$9M |
Seed |
Fintech Balance Infrastructure |
(Angel-led) |
| Talino |
$7.5M |
Series A |
Cross-Border Fintech Infrastructure |
Chemonics International |
| Obin AI |
$7M |
Seed |
Agentic AI for Financial Workflows |
Motive Partners |
| VerbaFlo |
$7M |
Seed |
Conversational AI |
Pi Labs |
| Carecubes |
$6.5M |
Series A |
Infectious Disease Isolation Units |
(Angel & Strategic-led) |
| PADO AI |
$6M |
Seed |
AI Energy Orchestration for Data Centers |
NovaWave Capital |
| Powder |
$5M |
Seed |
Gen AI for Wealth Management |
General Catalyst, YC |
| Grazzy |
$4M |
Seed |
Hospitality Tipping Platform |
Next Coast Ventures |
Section 2 — Individual Angels Identified
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We identified a remarkable group of 9 high-profile individual angel investors who participated in the March 19 funding rounds. This is one of the strongest cohorts of operator-angels we have seen on a single day.
Scott Belsky
Scott Belsky is the Chief Product Officer at Adobe, founder of Behance, an author, and an angel investor. He is passionate about making the creative world more productive, connected, and resourceful.
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Location: New York, NY
Portal Match: Founder Portal
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LinkedIn: Profile
X Profile: Profile
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Emilie Choi
Emilie Choi is the President and Chief Operating Officer of Coinbase. She previously served as the Vice President and Head of Corporate Development at LinkedIn. She holds a B.A. in economics from Johns Hopkins University and an M.B.A from the Wharton School of the University of Pennsylvania.
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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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Cristina Cordova
Cristina Cordova is the COO at Linear and an active angel investor. She previously held leadership roles at Stripe and Notion, where she focused on partnerships, growth, and new product development.
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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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Gokul Rajaram
Gokul Rajaram is a product leader, operator, and board member who has helped build companies like Alphabet, Block, Coinbase, DoorDash, Meta, and Pinterest. He served on the executive team at DoorDash until April 2024 and has been a Director at Pinterest since February 2020.
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Location: San Francisco, CA
Portal Match: Founder Portal
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LinkedIn: Profile
X Profile: Profile
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Dara Khosrowshahi
Dara Khosrowshahi is an Iranian-American business executive who is the chief executive officer of Uber. He was previously CEO of Expedia Group.
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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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Mark Bertolini
Mark Bertolini is the CEO of Oscar Health and former CEO of Aetna. He has also served as co-CEO of Bridgewater Associates.
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Location: Westport, CT
Portal Match: Health Portal
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LinkedIn: Profile
X Profile: Profile
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Bill Hawkins
William "Bill" A. Hawkins is the former Chairman and CEO of Medtronic, a global leader in medical technology. He is currently a Senior Advisor at EW Healthcare Partners and serves on the boards of several public and private companies.
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Location: Durham, North Carolina
Portal Match: Health Portal
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LinkedIn: Profile
X Profile: Profile
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Henrietta Fore
Henrietta Fore is a distinguished leader with a career spanning the public, private, and non-profit sectors. She served as the 7th Executive Director of UNICEF and as the Administrator of the U.S. Agency for International Development (USAID). She is also the Chairman and CEO of Holsman International, a manufacturing and investment company.
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Location: Washington, DC
Portal Match: CitizenPortal.ai
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LinkedIn: Profile
X Profile: Profile
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Betsy Cohen
Betsy Cohen is an acclaimed investor and operator with over 50 years of experience. She is the founder of The Bancorp and Jefferson Bank, and co-founder of Cohen Circle, a multi-stage investment firm. She has a long history of investing in and leading fintech companies.
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Location: Philadelphia, PA
Portal Match: Finance Portal
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LinkedIn: Profile
X Profile: Profile
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