News
Company news and developments, with original sources and dates.
Updated from source
Funding RSS ↗Superstat reaches USD 240,000 in ARR, serving over 350 basketball clubs
On 2026/5/5, LinkedIn reported that Superstat, an Australian AI basketball analytics platform, reached USD 240,000 in ARR and served more than 350 basketball clubs in the US, Australia, and Europe. It did not disclose funding or valuation.
Iterative Health raises USD 77 million in Series C financing
On 2026-05-03, according to Xiniu Data, Iterative Health completed Series C financing, raising USD 77 million. Investors were co-lead investor Intrepid Growth Partners, co-lead investor GV, Xinjiapojingji Development Ju, Obvious Ventures and others. The company is a developer of AI medical technology.
Loop Subscriptions exceeds USD 33 million in ARR
On 2026/5/3, LinkedIn reported that Shopify subscription management platform Loop Subscriptions exceeded USD 33 million in ARR, growing 3 times over the past 12 months and processing over USD 6 billion in subscription revenue. It did not disclose funding or valuation.
Recharge acquires Skio for USD 105 million
On 2026/5/3, LinkedIn reported that subscription e-commerce platform Recharge had acquired Skio for USD 105 million. The acquisition price is not a funding amount. It did not disclose revenue or valuation.
Wrike grows ARR from USD 4 million to USD 75 million in three and a half years
On 2026/5/3, LinkedIn reported that enterprise collaboration platform Wrike had grown ARR from USD 4 million to USD 75 million in three and a half years. It did not disclose its latest funding or valuation.
4dev grows ARR from USD 100 thousand to USD 2 million without funding
On 2026/5/1, LinkedIn reported that distributed team operations platform 4dev had grown ARR from USD 100 thousand to USD 2 million without outside funding and become profitable. It did not disclose its valuation.
Assured Robot Intelligence is acquired
On 2026-5-1, according to Xiniu Data, Assured Robot Intelligence was acquired for an undisclosed amount. Investors were META.
Blocks reaches USD 1 million ARR one month after launch
On 2026/5/1, LinkedIn reported that German cloud operations platform Blocks, founded by Oliver Merkel, had reached USD 1 million ARR one month after launch. It did not disclose funding or valuation.
Build Concierge reaches GBP 1 million ARR three months after launch
On 2026/5/1, LinkedIn reported that UK customer engagement platform Build Concierge had launched in 2026/1 and reached GBP 1 million ARR in approximately three months. It did not disclose funding or valuation.
Deta Intelligence raises an undisclosed amount in seed financing
On 2026-05-01, according to Xiniu Data, Deta Intelligence completed seed financing for an undisclosed amount. Investors were Yuanhe Holdings, Fuxingruizheng. The company is a developer of native humanoid robots foundation models.
fonico.ai grows 30% to 40% monthly, targets EUR 30 million ARR during the year
On 2026/5/1, LinkedIn reported that Austrian AI telemarketing platform fonico.ai was growing 30% to 40% monthly. EUR 30 million ARR during the year was a target and is not included in current revenue. It did not disclose a specific amount or valuation.
General Compute raises USD 15 million in seed financing
On 2026-05-01, according to Xiniu Data, General Compute completed seed financing, raising USD 15 million. The company is an AI inference infrastructure platform.
Hex Security exceeds a USD 1 million revenue run rate in eight weeks
On 2026/5/1, Product Hunt reported that continuous penetration testing platform Hex Security reached a revenue run rate above USD 1 million within eight weeks, with an external estimated valuation above USD 100 million. It did not disclose funding.
Latch reaches USD 15 million ARR, grows 5 times quarter over quarter
On 2026/5/1, X reported that biological data AI platform Latch had reached USD 15 million ARR, growing 5 times from the preceding period. It did not disclose funding or valuation.
Luming Robotics completes Series A funding with an undisclosed amount
On 2026/5/1, Xiniu Data reported that Luming Robotics completed Series A funding for an undisclosed amount. Mitsubishi Electric Intelligent Manufacturing Technology (China) Group Co., Ltd. led the round, with participation from Puhua Capital, Wuzhong Financial Holdings, and others. The company develops embodied intelligent robots.
Maxima on track for 20x YoY ARR growth
On 2026/5/1, according to ARR Club, Maxima reported a revenue growth signal in the AI FinTech sector.
Oolka reaches USD 2.5 million in ARR and raises USD 14 million in Series A funding
On 2026/5/1, LinkedIn reported that Indian fintech company Oolka raised USD 14 million in Series A funding, served more than 6 million users, and had USD 2.5 million in ARR. The company did not disclose its valuation.
Phyrite reaches USD 2.6 million ARR in four months and becomes profitable
On 2026/5/1, LinkedIn reported that livestream commerce supply chain platform Phyrite, co-founded by Andy Park, had reached USD 2.6 million ARR in four months and become profitable, with 40% monthly growth. It did not disclose funding or valuation.
Pillar exceeds EUR 1 million ARR in six months
On 2026/5/1, LinkedIn reported that Italian construction finance platform Pillar had exceeded EUR 1 million ARR within six months. It did not disclose funding or valuation.
QuantifyAI exceeds USD 4 million ARR within two years without funding
On 2026/5/1, LinkedIn reported that QuantifyAI had exceeded USD 4 million ARR within two years, with 25 team members, 131 customers and more than 2,500 projects, without VC funding. It did not disclose its valuation.
Rankad adds USD 36,000 in ARR in three days
On 2026/5/1, LinkedIn reported that AI company recommendation platform Rankad added USD 36,000 in ARR in three days, with a further 1500 companies on a waitlist. The company did not disclose funding or valuation.
SageContent reaches USD 1 million in ARR
On 2026/5/1, ARR Club reported that SageContent disclosed annual recurring revenue (ARR) of USD 1 million in the AI Video & Image sector.
Sonilo completed seed financing, raising USD 11.4 million
On 2026-5-1, according to PitchBook, Sonilo completed seed financing, raising USD 11.4 million.
StackOptimize scales ARR to USD 3 million through cold email
On 2026/5/1, LinkedIn reported that German sales optimization services provider StackOptimize scaled to USD 3 million in ARR primarily through cold email. The company did not disclose funding or valuation.