Every Monday, MySmartMedia tracks last week’s startup funding rounds and what they mean for the people who build, run and grow businesses. From October 12 to 18, 2026, we tracked 22 Seed through Series C rounds worth about $878.7M.
New funding means new opportunities. It’s time to follow the money.
The week in numbers
- 22 featured rounds, totaling about $878.7M
- Median round: $27.5M
- Stage mix: 3 Seed, 9 Series A, 1 Seed + A combined, 5 Series B, 3 Series C, 1 undisclosed
- Where the dollars went: healthcare ($422M) took about 48% of the total
- Where the deals went: healthcare also led by count, with 7 rounds
Headline deal (outside our seed-to-Series C range): Modal Labs, which runs cloud infrastructure for AI workloads, raised a $750M Series D at a $15.75B valuation, led by Accel (Crunchbase News). Ramp also confirmed the $1.85B round we flagged as reported last week, led by Dragoneer at a $60B valuation (Tech Startups).
5 deals to know
- Soufflé Therapeutics, $135M Series B (Juvia Group). The largest featured round of the week. Biotech is drawing big checks again, and RNA medicines are a big part of why.
- Abby Care, $82M Series C (Transformation Capital). Trains family members to become certified, paid caregivers. Home care has a labor shortage, and this tackles the supply side.
- Mueon, $65M Series A (Maverick Silicon). A large Series A for computing hardware, from Portland. AI’s hunger for compute is now funding chip-level startups well outside Silicon Valley.
- Reach Security and Harmonic Security, $50M Series B each (Top Tier Capital Partners; Crosspoint Capital Partners). One checks whether existing security tools actually work. The other controls how employees use AI. Both are about keeping AI adoption safe.
- North.cloud, $60M Series B (PeakSpan Capital). Tracks and cuts cloud, AI and data spending. As AI bills grow, finance teams want someone watching the meter.
What it means for you
- Starting & Building: Series A was the busiest stage, with 9 rounds. Many went to narrow, unglamorous problems: senior living billing (Sunbound), healthcare compliance (Readily), rental home investing (Mogul). Specific and already paid for beats broad and exciting.
- Running It Solo: Seed and Series A teams like Othello, Clueso, Trace and Chariot Claims are small and moving fast. Teams this size often bring in freelance help for content, design and sales ops before they hire full time.
- Leading & Scaling: Three security and infrastructure rounds totaling $160M say the same thing: AI is now a governance and cost question. Expect your board to ask who controls AI use, and who watches AI spend.
- Driving Revenue: Healthcare raised $422M across 7 rounds. Freshly funded teams like these tend to buy compliance, billing, data and recruiting help. Fintech (4 rounds) and data infrastructure are next. Reach out while the money is new and the plans are still being written.
All featured rounds, by sector
Healthcare · 7 rounds · $422M
| Company | What they do | Round | Amount | Lead investor |
|---|---|---|---|---|
| Soufflé Therapeutics | RNA medicines, built on its own delivery technology (Boston) | Series B | $135M | Juvia Group |
| Estuary Biotherapeutics | Gene therapies for an inherited kidney disease (ADPKD) | Seed + Series A | $103M | RA Capital Management (Series A) |
| Abby Care | Trains family members to become certified, paid caregivers at home | Series C | $82M | Transformation Capital |
| Altay Therapeutics | Oral drugs for a rare muscle disease (FSHD) | Series A | $37M | Sound Bioventures, HealthCap (co-leads) |
| Allara | Insurance-covered virtual care for women’s hormonal health | Undisclosed | $30M | Undisclosed (Index Ventures, GV among backers) |
| Sunbound | AI revenue and billing operations for senior living providers | Series A | $24M | TTV Capital |
| Readily | AI that keeps healthcare organizations on top of regulatory compliance | Series A | $11M | Define Ventures |
Data & Infrastructure · 3 rounds · $160M
| Company | What they do | Round | Amount | Lead investor |
|---|---|---|---|---|
| North.cloud | Tracks and cuts cloud, AI and data platform spending | Series B | $60M | PeakSpan Capital |
| Reach Security | Checks whether the security tools a company already owns actually block attacks | Series B | $50M | Top Tier Capital Partners |
| Harmonic Security | Controls how employees use AI tools at work (US/UK) | Series B | $50M | Crosspoint Capital Partners |
Deep Tech & Energy · 3 rounds · $125.2M
| Company | What they do | Round | Amount | Lead investor |
|---|---|---|---|---|
| Mueon | Modular computing hardware that combines processing and memory (Portland) | Series A | $65M | Maverick Silicon |
| Albert Invent | AI that speeds up chemical and materials R&D | Series B | $55M | TCV |
| Molagri | Biopesticides that can be updated as pests adapt (Canada) | Seed | $5.2M | Convective Capital |
Fintech · 4 rounds · $115.5M
| Company | What they do | Round | Amount | Lead investor |
|---|---|---|---|---|
| Stand | Home insurance for places at high risk of natural disasters | Series C | $70M | Saga Ventures |
| Zippy | Mortgage lender for manufactured homes (Dallas) | Series C | $20M | Saluda Grade |
| Mogul | Fractional investing in rental homes | Series A | $15.5M | Draper Associates |
| Fission | Liquidity tools for tokenized investment funds | Series A | $10M | Pantera Capital |
Consumer & Retail · 3 rounds · $38M
| Company | What they do | Round | Amount | Lead investor |
|---|---|---|---|---|
| EZ Bombs | Shelf-stable flavor packs for Mexican dishes like birria (Orlando) | Series A | $25M | CAVU Consumer Partners |
| Chariot Claims | Helps consumers find and file legal claims against companies | Series A | $10M | Silverton Partners |
| Trace | App to list clothes so others can rent or buy them (NYC) | Seed | $3M | Serena Ventures |
Sales, Marketing & Business Software · 2 rounds · $18M
| Company | What they do | Round | Amount | Lead investor |
|---|---|---|---|---|
| Clueso | AI agents that make and update business videos | Series A | $10M | Dharana Capital |
| Othello | AI that coaches sales reps during live calls (NYC) | Seed | $8M | a16z speedrun, Owl Capital, Long Journey Ventures (backers) |
Quick answers
How much did startups raise the week of October 12, 2026?
The 22 Seed through Series C rounds we tracked from October 12 to 18, 2026 totaled about $878.7M. The median round was $27.5M. Healthcare took about 48% of the dollars ($422M).
What was the largest early-stage round of the week?
Soufflé Therapeutics raised a $135M Series B led by Juvia Group. Soufflé, based in Boston, develops RNA medicines.
Which sector had the most funding rounds?
Healthcare led by deal count with 7 rounds, including Soufflé Therapeutics ($135M Series B, Juvia Group) and Abby Care ($82M Series C, Transformation Capital). Series A was the busiest stage, with 9 rounds.
How we pick: rounds from Seed through Series C, $2M and up, announced Oct 12–18, 2026, mostly North America. Mega-rounds are noted separately. Company names link to the source. Amounts are as reported and may change.