Usul Secures $3.3 Million Seed Funding Led By Scout Ventures And Other Investors

Usul, a software startup founded by Jarren Reid, recently raised $3.3 million in seed funding led by Scout Ventures, with participation from Bravo Victor Venture Capital, Y-Combinator, and private investors including defense industry insiders like Steve Blank and Peter Newell. Usul's platform, born out of Stanford's Hacking for Defense course, aims to simplify the process of winning Department of Defense (DoD) contracts by using AI to match companies with relevant defense opportunities. By scraping DoD contracts, budgets, and program details, Usul provides tailored contract recommendations and direct PEO contacts to help companies navigate the often complex and insider-driven defense contracting landscape. With a focus on growth-stage defense companies, Usul has already helped clients secure over $100M in contracts and plans to expand its platform to international markets, aiming to become the go-to solution for technology companies looking to collaborate with defense agencies. INVESTORS: Scout Ventures, Bravo Victor Venture Capital, Y Combinator, True Ventures, Teamworthy Ventures, Steve Blank, Peter Newell, Jack Shanahan & Jacqueline Tame ROUND: Seed AMOUNT: $3,300,000 HQ: #SanFrancisco #California #VentureCapital #JarrenReid #TradedPartner #ScoutVentures #BravoVictorVentureCapital #YCombinator #TrueVentures #TeamworthyVentures #SteveBlank #PeterNewell #JackShanahan #JacquelineTame #TradedVC

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Whatnot Raises $545 Million In Series G Funding At $20 Billion ValuationWhatnot has raised $545 million in Series G funding at a $20 billion valuation, nearly double its valuation less than a year ago, in what it calls the largest raise in live commerce. The round was co-led by ICONIQ, Lightspeed Venture Partners and Avra, with participation from new and returning investors, and will fund efforts to help sellers grow through marketing, trust and safety, new categories and markets, and AI-powered tools. FOUNDERS: Grant LaFontaine & Logan Head INVESTORS: ICONIQ, Lightspeed Venture Partners, Avra, Kleiner Perkins, Wellington Management, Robinhood, S32, Standard Capital, CapitalG, Y Combinator, Durable Capital Partners, Alkeon Capital, Andreessen Horowitz, Greycroft, Bond Capital & DST Global. ROUND: Series G AMOUNT: $545,000,000 VALUATION: $20,000,000,000 HQ: Los Angeles, California #VentureCapital #Whatnot #GrantLaFontaine #LoganHead #TradedVC

Soar Raises $1 Million Pre-Seed Round At $10 Million Valuation From InvestorsSoar (@SoarFlights), a Miami-based flight booking app, has raised a $1 million pre-seed round at a $10 million valuation from undisclosed investors. Founded by Alex Slater and Henry Langmack, Soar aims to simplify flight booking for Gen Z users with an Uber-like experience that removes hidden fees, upsells, and lengthy checkout processes. Built by the founders of Cal AI and QUITTR, the company is positioning itself as a faster, more transparent alternative for travelers. WEBSITE: soar.flights FOUNDERS: Alex Slater & Henry Langmack AMOUNT: $1,000,000 VALUATION: $10,000,000 HQ: Miami, Florida #VentureCapital #Soar #AlexSlater #HenryLangmack #TradedVC