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July 8, 2026 - Deals
Vendelux Raises $50 Million Series B Led By Tribeca Venture Partners For Event Intelligence Tools
Vendelux has raised a $50 million Series B round led by Tribeca Venture Partners, with participation from S3, Pelion Ventures, HubSpot Ventures, FirstMark, and Cervin Ventures, bringing the company’s total funding to $71 million. The company provides intelligence and measurement tools for B2B events, tracking more than 250,000 events worldwide to help organizations identify opportunities for meaningful in-person engagement and better measure event ROI. Used by more than 50,000 marketing professionals and influencing over $5 billion in event spend, Vendelux serves customers including Ramp, Glean, Coupa, McKesson, WRITER, Deel, Intel, and the United States Postal Service. According to Alex Reynolds, CEO and Co-founder of Vendelux, the new funding will support further investment in AI and new products designed to strengthen connections between marketers and event organizers while making business events more measurable and effective.
FOUNDERS: Alex Reynolds & Stefan Deeran
INVESTORS: Tribeca Venture Partners, S3, Pelion Ventures, HubSpot Ventures, FirstMark & Cervin Ventures
ROUND: Series B
AMOUNT: $50,000,000
HQ: New York City, New York
#VentureCapital #Vendelux #AlexReynolds #StefanDeeran #TradedVC
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Mercor In Talks To Raise $20 Billion Following Deeptune Acquisition And Revenue GrowthMercor, an AI training startup, is reportedly in early discussions to raise a new funding round at a $20 billion valuation. The potential valuation would double the company’s $10 billion valuation from October 2025, when it raised a $350 million Series C round. Founder and CEO Brendan Foody recently stated that Mercor’s annualized revenue run rate has surpassed $2 billion, representing 100% growth in just four months. The company also announced the acquisition of Deeptune, an AI agent training firm, with the entire Deeptune team joining Mercor. The strong revenue growth, acquisition activity, and prospective funding round suggest Mercor is continuing to expand despite challenges earlier this year, including a data breach and legal disputes involving contract workers.
FOUNDER: Brendan Foody
AMOUNT: $20,000,000,000
HQ: San Francisco, California
#VentureCapital #Mercor #BrendanFoody #TradedVC
Klinic Secures $24 Million In Seed And Series A Funding From Proofpoint Capital And I2BF Global VenturesKlinic, an AI-enabled specialty care access platform, has raised $24 million in combined seed and Series A funding to expand its provider network, enhance its AI-powered platform, and grow its life sciences partnerships. The round was co-led by Proofpoint Capital and I2BF Global Ventures, with representatives from both firms joining Klinic’s board. Founded and led by CEO Avish Bhama, Klinic helps patients navigate the often complex specialty care journey by using artificial intelligence and workflow automation to streamline provider matching, insurance verification, prior authorizations, patient communications, and pharmacy coordination. The company has already supported more than 150,000 patients and aims to make specialty care access faster, more connected, and more affordable.
FOUNDER: Avish Bhama
INVESTORS: Proofpoint Capital & I2BF Global Ventures
ROUND: Seed & Series A
AMOUNT: $24,000,000
HQ: Dallas, Texas
#VentureCapital #Klinic #AvishBhama #TradedVC