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August 15, 2025 - Deals
Coverd Secures $7.8 Million In Seed Funding Round For Gamified Personal Finance Platform
Coverd, a New York City–based gamified personal finance platform, raised $7.8 million in a Seed round to make money management more engaging and rewarding. The company aims to replace traditional budgeting tools with a game-like experience, offering users cash back — potentially up to 100% — on purchases and bills, turning everyday spending into opportunities to “win” money back.
ROUND: Seed
AMOUNT: $7,800,000
HQ: #NewYork #NY #NewYorkCity #NYC
#VentureCapital #Coverd #TradedVC
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Ramp Acquires Router.com To Launch AI Model Routing PlatformRamp acquired router.com and launched Router.com, an AI model routing platform designed to help companies reduce rising AI infrastructure costs by automatically selecting the lowest-cost model that meets performance requirements. Built internally over three years, Router has helped Ramp cut its own inference costs by about 30% and customers using the platform have reduced AI spending by 40% on average; Ramp did not disclose a funding raise related to the launch.
FOUNDERS: Eric Glyman, Karim Atiyeh & Gene Lee
HQ: New York City, New York
#VentureCapital #Ramp #Routercom #TradedVC
Asymm Secures $51 Million Investment From Khosla Ventures Interlagos Cantos AE Industrial Partners Hillspire Mantis Space CapitalAsymm has raised $51 million to build the foundation for a more stable world, with the round backed by Khosla Ventures, Interlagos, Cantos, AE Industrial Partners, Hillspire LLC, Mantis and Space Capital. Announcing the raise, the company said "Peace is possible" and framed the funding as the start of a broader effort, with more announcements expected to follow.
INVESTORS: Khosla Ventures, Interlagos, Cantos, AE Industrial Partners, Hillspire LLC, Mantis & Space Capital
AMOUNT: $51,000,000
#VentureCapital #Asymm #TradedVC