Voxel Raises $44M in Series B Funding

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Here’s the summarized information from the provided content:

Startup Details

  • Startup Name: Voxel
  • Website: voxelai.com
  • Location: San Francisco, CA
  • Founder: Vernon O’Donnell (CEO)

Funding Details

  • Funds Raised: $44 million
  • Funding Series: Series B
  • Total Funding to Date: $61 million
  • Date of Funding: March 6, 2025

Investors

  • Lead Investor: NewRoad Capital Partners
  • Other Investors:
    • Eclipse
    • Rite Hite
    • Tokio Marine
    • MTech
    • HG Ventures
    • Whitestone

Use of Funds

  • Accelerate R&D
  • Enhance AI capabilities
  • Improve real-time computer vision models
  • Expand data insights

Performance Highlights

  • Year-over-Year Revenue Growth: 147%
  • Net Revenue Retention: 202%
  • New Clients: Five Fortune 500 clients in Q1 2025

This encapsulates all the relevant details regarding Voxel’s recent funding round and its business performance.

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2025-06-03 12:04:42