In November 2025, Growthink Capital Research tracked $16.06 billion in venture funding, reflecting a notable increase from the $14.78 billion reported in October.
The month’s biggest funding event belonged to Metropolis ($1.6 billion), a computer vision-based operating platform intended to modernize parking and facilitate the future of mobility, enabling real estate partners to optimize net operating income and asset owners to access modern parking amenities and multi-modal mobility options.
The hottest sectors for funding during the month were A.I./Machine Learning, Biotech, Business/Productivity Software, Cybersecurity, and Financial Software.
Key funding events in each of these sectors for the month are below:
- A.I./Machine Learning deals included Metropolis ($1.6 billion), Lambda ($1.5 billion), Physical Intelligence ($600 million), MainFunc ($275 million), Harmonic ($120 million), Wisdom AI ($50 million), Inception ($50 million), Tavus ($40 million), Archetype AI ($35 million), AUI ($20 million), OpenHands ($18.8 million), Vijil ($17 million), Uare AI ($10.3 million), Portal26 ($9 million), and Deductive AI ($7.5 million).
- Biotech deals included Kailera Therapeutics ($600 million), Braveheart Bio ($185 million), Solve Therapeutics ($120 million), Aspen Neuroscience ($115 million), Profluent ($106 million), Zag Bio ($80 million), Neok Bio ($75 million), AI Proteins ($42 million), Onchilles Pharma ($25 million), Zetagen Therapeutics ($13 million), Modulight Biotherapeutics ($12.2 million), and Courage Therapeutics ($11 million).
- Business/Productivity Software deals included Beacon Software ($250 million), Gamma ($68 million), BoomPop ($41 million), AirOps ($40 million), Fastbreak AI ($40 million), Tailor ($37 million), Procurement Sciences ($30 million), OnRamp ($15 million), Cactus ($7 million), CommanderAI ($5 million), and Muse Software ($4.5 million).
- Cybersecurity deals included Armis ($435 million), Doppel ($70 million), Apono ($34 million), Method Security ($26 million), Bedrock Data ($25 million), Truffle Security ($25 million), Teleskope ($25 million), Nudge Security ($22.5 million), Opti ($20 million), NetFoundry ($15 million), and Self ($9 million).
- Financial Software deals included SavvyMoney ($225 million), Bonside ($100 million), Numeric ($51 million), Maybern ($50 million), Maxima ($41 million), Stuut Technologies ($30 million), and Lettuce Financial ($28 million).
Last month, 38 companies reported raising over $100 million, compared to 35 in October. Below, we’ve included a summary of the top 20 companies (other than Metropolis) by amount raised.
- Lambda ($1.5 billion) a cloud computing platform designed for large-scale artificial intelligence training and inference, enabling enterprises and research organizations to accelerate development cycles, reduce operational complexity, and achieve cost-efficient performance at scale.
- Luma AI ($900 million) a video generator platform intended to offer multimodal AI to expand human imagination and capabilities, enabling users to experience photos and videos in a mixed-reality three-dimensional future.
- Kraken ($800 million) a trading platform designed to offer cryptocurrency exchange and services, enabling clients to grow their portfolios in a fair and open financial system.
- Physical Intelligence ($600 million) a general-purpose company intended to bridge the gap between artificial intelligence and the physical world, enabling industries to perform tasks across various applications.
- Kailera Therapeutics ($600 million) a biopharmaceutical company intended to deliver differentiated treatment options for obesity and related conditions, enabling patients to transform their lives and elevate their overall health.
- CHAOS Industries ($510 million) an advanced distributed detection and effects technology company intended to support multi-domain operational needs, enabling defence and critical-industry clients to achieve improved situational awareness, multi-domain tracking, coordinated response capabilities, and operational resilience.
- Clio ($500 million) an AI-based legal practice management platform intended to provide legal client assistance remedies, enabling users to effectively manage cases, clients, documents, Dropbox integration, bills, appointment scheduling, time tracking, reporting, and accounting through integration.
- Armis ($435 million) an asset intelligence cybersecurity platform designed to manage cyber risk exposure and protect the entire attack surface, enabling organizations to protect essential information as well as systems by identifying suspicious or malicious devices and quarantining them so they can gain visibility, control, and analyze endpoint behavior.
- Mercor ($350 million) an artificial intelligence-powered hiring platform designed to streamline the hiring process for both candidates and companies, enabling businesses to streamline the hiring process for both candidates and companies.
- Kalshi ($300 million) an online financial platform designed to facilitate trading based on event outcomes, enabling individual traders and institutional participants to capitalize on their opinions and trade in the domain of everyday knowledge.
- Function ($298 million) a health empowerment platform designed to provide individuals with comprehensive insights into their health, enabling users to take control of their health while preventing disease and optimizing well-being.
- MainFunc ($275 million) a search engine platform designed to provide an index and summarized information, enabling users to get simplified results and get the maximum output support.
- CookUnity ($250 million) an online food delivery platform intended to offer specially crafted food online, enabling users to order meals from independent chefs.
- Suno ($250 million) an emerging generative AI music company designed to create songs, enabling users to create songs by writing their own lyrics.
- Gopuff ($250 million) a go-to instant commerce platform intended to fulfill consumers’ everyday needs, enabling customers to get affordable delivery services.
- Beacon Software ($250 million) a permanent holding company designed to acquire and grow essential software businesses, enabling software businesses to achieve sustainable growth while preserving their legacy, culture, and customer relationships over decades.
- Forterra ($238 million) a robotic vehicle autonomy technology designed to advance the safety, security, and effectiveness of transportation and mission-critical operations, enabling defense, commercial, and municipal industries to automate convoy operations.
- Harvey ($230 million) a legal technology platform designed to assist law practitioners, enabling law firms to streamline workflows, enhance accuracy, and focus on complex reasoning while minimizing time spent on routine paperwork.
- Skims ($225 million) an undergarments and loungewear brand intended to enhance body shape, enabling women of all types with support and coverage.
- Whatnot ($225 million) a live stream platform designed to trade limited-edition toys and collectibles, enabling collectors and enthusiasts to safely buy, sell their products and connect with other collectors.
If you’re looking for outside funding to grow your company, please call us at (213) 927-3968 or learn more about our services on our website.