Follow The Money

The pool of available venture capital and other funding sources remains relatively shallow after nearly drying up completely last year amid the stock market’s decline. Where funding rounds of $100 million or more were once common before 2022, most funding rounds being trumpeted today – with one notable exception on the June Follow the Money list – are around or below $50 million.

It’s encouraging, nevertheless, to see an increasing number of technology startups scoring Seed and Series A funding rounds across a broad range of technologies. This month’s roundup includes startups focused on iPaaS, workflow automation, database technology, machine learning, data observability, API development and application consolidation.

Here’s a look at 10 companies that raised funding in June 2023.