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The Week鈥檚 10 Biggest Funding Rounds: Health And AI Lead For Large Financings

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This is a weekly feature that runs down the week鈥檚 top 10 announced funding rounds in the U.S. Check out last week鈥檚 biggest funding rounds here.

This week was a fairly busy one for large financings, with eight of the top 10 exceeding the $100 million mark. Leading the way were two software providers: , focused on health benefits software, and , used for legal practice management.

1. (tied) , $400M, health benefits: Judi Health, formerly known as Capital RX, a New York-based provider of software for employers and health plans to manage benefits, announced $400 million in new investment. The financing included a $252 million Series F round along with what the company described as additional investments into its securities, led by and .

1. (tied) , $400M, legal tech: Salt Lake City-based Filevine, a provider of legal practice management software, that it closed on two previously undisclosed rounds totaling $400 million. led the first round and joined and to co-lead the second.

3. , $250M, AI infrastructure: Modular, developer of an enterprise AI inference stack, raised $250 million in a Series C financing led by at a $1.6 billion valuation. Founded in 2022, the Palo Alto, California-based company has raised $380 million in known funding to date.

4. , $180M, fintech: San Jose, California-based AppZen, an agentic AI platform for finance teams, picked up $180 million in Series D funding led by . The company said it wants its software to enable CFOs and controllers to replace over 50% of manual work.

5. , $175M, enterprise software: Distyl AI, a developer of AI tools for enterprise customers, scooped up a $175 million funding round backed by , , , and . The financing sets a $1.8 billion valuation for the San Francisco-based company.

6. , $140M, AI processors: Empower Semiconductor, a developer of power-efficient AI processors, closed on more than $140 million in Series D financing led by . The San Jose, California-based company says its technology can enable energy savings and higher throughput of AI platforms across data centers.

7. , $105M, business communications: San Francisco-based Quo (formerly OpenPhone), raised $105 million in fresh financing led by . The company offers an AI-powered phone system marketed to small businesses.

8. , $104M, cryptocurrency: Crypto and stablecoin infrastructure startup Zerohash raised $104 million in a funding round led by . Founded in 2015, the Chicago-based company has raised $277 million in known funding to date, per .

9. , $100M, healthcare AI: New York-based Inspiren, developer of an AI-powered platform and connected-device system for senior living communities, secured $100 million in a Series B round led by .

10. , $97M, oncology care: Thyme Care, a Nashville, Tennessee-based聽 startup that describes itself as a provider of 鈥渧alue-based care鈥 for oncology patients, picked up $97 million in Series D financing from a long list of venture and strategic backers.

Methodology

We tracked the largest announced rounds in the 附近上门 database that were raised by U.S.-based companies for the period of Sept. 20-26. Although most announced rounds are represented in the database, there could be a small time lag as some rounds are reported late in the week.

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