FinSMEs

Sprout Family, a Toronto, Canada-based provider of a family benefits platform, closed a CAD$3.55m seed funding round. The round was led by BDC Thrive Venture Fund, with participation from Accelia Capital, MaRS Investment Accelerator Fund, StandUp Ventures, and The51.

Fission, a NYC-based provider of liquidity infrastructure for tokenized investment funds, raised $10M in Series A funding. The round was led by Pantera Capital, with participation from Circle Ventures, Borderless Capital, Ari Rubenstein, New Form, gumi Cryptos Capital, Anthony Scaramucci, Manhattan Venture Partners, Reflexive Capital, and Lattice Capital.

Sirona Medical, Inc., a San Francisco, CA-based provider of a cloud-native and AI-native radiology software platform (RadOS), raised $40M in Series D funding. The round was led by Avidity Partners, with participation from 8VC, GreatPoint Ventures, KLT Holdings, and other new and existing investors.

Otter Health, a Washington, DC-based provider of an AI-powered utilization management and clinical quality platform, raised $8M in Seed funding. The round was co-led by Fika Ventures and Evidenced, with participation from Slow Ventures, Metrodora, CoFound Partners, Layout Ventures, Patient Capital, and Semper Virens. The company intends to use the funds to expand its operations and platform capabilities to replace traditional prior authorization with real-time clinical intelligence.

CarbonAI, a NYC-based provider of an agentic AI platform for commercial real estate (CRE) lending, raised $12M in funding. The round was led by Cowboy Ventures with participation from Timber Grove Ventures, Bling Capital, and Max Ventures. The company intends to use the funds to automate the manual work behind commercial real estate loans, expanding its AI agent capabilities for underwriting, due diligence, and post-close surveillance.

Parallel Loop, a Bengaluru, India-based developer of an enterprise AI integration and enablement infrastructure platform, raised $6.6m in seed funding. The round was led by 3one4 Capital, with participation from tech angels.

Shamrock AI, a Shillong, India-based developer of an agentic AI assurance platform, raised $5m in seed funding. The round was led by Endiya Partners, with participation from Capria Ventures. The company intends to use the funds to accelerate product development, expand its technical workforce across India and the United States, strengthen its enterprise go-to-market efforts, establish a client-facing team in the US, and expand its commercial footprint into the Middle East.

Ebene, Mauritius, October 15th, 2026, FinanceWire IUX, the multi-asset CFD broker, announced the launch of the new version of its Web Client Portal. Designed to provide web browser users with integrated charting, order placement controls, and account management tools in a unified dashboard. The upgrade reflects IUX’s ongoing development of its web trading interface and account management features.

Medcotec, a Daresbury, UK-based provider of single-use powder transfer valve technology for pharmaceutical and industrial manufacturing, raised over £2.4M in funding. Backers included NPIF II – Mercia Equity Finance (managed by Mercia Ventures), LYVA Labs, the Liverpool City Region Seed Fund (managed by AXM Venture Capital), and private investors. The company intends to use the funds to further enhance trials, build its team, and commercialize its technology.

Zippy, a Dallas, TX-based company focused on manufactured housing finance, raised $20M in Series C funding Saluda Grade made the investment. The company intends to use the funds to deliver new loan products across community, retail, and wholesale distribution channels, and expand its technology capabilities and balance sheet capacity. Led by CEO Ben Halliday, Zippy provides a technology-enabled loan origination and servicing platform for manufactured housing finance.