Key Takeaways
- • Modal raised $750M in Series D funding led by Accel, with participation from Kleiner Perkins, Menlo Ventures, General Catalyst, Redpoint, Lux Capital, and Bain Capital Ventures, bringing its reported total equity funding to $1.2B.
- • Confido Health, an AI platform automating healthcare office tasks, raised $12.5M in Series A funding led by Z47, bringing reported total equity funding to $25.5M.
- • Evos, which builds autonomous AI operators for small and mid-sized businesses in physical industries, raised $9M in pre-seed funding led by Uncork Capital and Field Ventures.
- • Othello, an AI sales coaching platform for live calls, raised $8M in seed funding from a16z speedrun, Owl Capital, Long Journey Ventures, and several angel investors.
Summary
According to AlleyWatch's Startup Daily Funding Report for October 14, 2026, New York-area startups announced four venture rounds on the day, led by a $750M Series D for Modal. Modal, an AI infrastructure platform offering inference, sandboxes, and training for AI applications, was founded by Erik Bernhardsson and Akshat Bubna in 2021. Accel led the round, with participation from Kleiner Perkins, Menlo Ventures, General Catalyst, Redpoint, Lux Capital, and Bain Capital Ventures. The company has now raised a total of $1.2B in reported equity funding.
Confido Health, an AI platform that automates healthcare office tasks such as scheduling, insurance verification, billing, and patient outreach, raised $12.5M in Series A funding. Z47 led the round, with participation from Justin Saks, Together Fund, and Blume Ventures. Founded in 2023 by Chetan Reddy and Vichar Shroff, the company has reported total equity funding of $25.5M.
Evos, founded by Urav Shah in 2026, raised $9M in pre-seed funding. The company builds autonomous AI operators that handle operational work for small and mid-sized businesses in physical industries. Uncork Capital and Field Ventures led the round, with participation from Crosslink Capital, Utopia Capital Management, and Sandwith Ventures.
Othello, which provides real-time AI coaching for sales representatives during live calls, raised $8M in seed funding. Founded by Jared Zelman and Raphael Assor, the company drew investors including a16z speedrun, Owl Capital, Long Journey Ventures, and individual angels such as Andy Fang, Chris Larsen, Thomas Wolf, David Cramer, Waseem AlShikh, Dean Sysman, Alex Bouaziz, Philippe Bouaziz, and Kevin Stein.
Confido Health, an AI platform that automates healthcare office tasks such as scheduling, insurance verification, billing, and patient outreach, raised $12.5M in Series A funding. Z47 led the round, with participation from Justin Saks, Together Fund, and Blume Ventures. Founded in 2023 by Chetan Reddy and Vichar Shroff, the company has reported total equity funding of $25.5M.
Evos, founded by Urav Shah in 2026, raised $9M in pre-seed funding. The company builds autonomous AI operators that handle operational work for small and mid-sized businesses in physical industries. Uncork Capital and Field Ventures led the round, with participation from Crosslink Capital, Utopia Capital Management, and Sandwith Ventures.
Othello, which provides real-time AI coaching for sales representatives during live calls, raised $8M in seed funding. Founded by Jared Zelman and Raphael Assor, the company drew investors including a16z speedrun, Owl Capital, Long Journey Ventures, and individual angels such as Andy Fang, Chris Larsen, Thomas Wolf, David Cramer, Waseem AlShikh, Dean Sysman, Alex Bouaziz, Philippe Bouaziz, and Kevin Stein.
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