Investors Bet on AI to Streamline Enterprise Operations

Venture capitalists poured hundreds of millions of dollars into business efficiency tools in mid-December, leading large funding rounds for startups promising to untangle corporate operations.

Companies like Cyera, Tebra, Mythic and more secured capital to deploy platforms that centralize fragmented data and reduce administrative overhead across regulated industries.

Securing and Organizing Enterprise Information

Cyera raised $400 million in a funding round led by Blackstone, valuing the cybersecurity company at roughly $9 billion, The Wall Street Journal reported Tuesday (Dec. 16).

Cyera helps large organizations understand where their data lives across cloud platforms, software applications and internal systems and whether that data is being accessed and protected appropriately.

As enterprises move more operations to the cloud and adopt AI tools that rely on internal data, information can become fragmented and difficult to govern. Cyera’s software gives executives, security teams and compliance leaders a consolidated view of sensitive data exposure, allowing companies to reduce risk without overhauling existing infrastructure. Its customers typically include large enterprises operating across multiple regions and regulatory regimes.

DataLane raised $22.5 million in Series A funding led by Amplify Partners to expand its data platform focused on local and offline businesses, according to a Tuesday press release.

The company is building the first accurate identity graph for every local business in the United States, like a LinkedIn for the offline economy, so companies can find, verify and reach more than 20 million real business owners.

Companies selling into the local economy often struggle with outdated or incomplete information about potential customers and partners. DataLane aims to solve that by creating a centralized, continuously updated view of local businesses, including what they do, where they operate and how they connect to suppliers and customers.

Automating Administrative Work in Regulated Industries

Tebra secured $250 million in new financing to expand its healthcare platform for independent medical practices, according to a Wednesday (Dec. 17) press release.

The company provides a single system that combines scheduling, billing, electronic health records, patient communications and marketing tools.

Many smaller practices rely on multiple disconnected systems, creating administrative overhead and inefficiencies. Tebra’s platform is designed to reduce that burden by centralizing daily operations and using automation to handle repetitive tasks such as documentation and billing. The company serves more than 140,000 providers and positions itself as a business operating system for independent healthcare organizations.

Thread raised $18 million in growth funding from Susquehanna Growth Equity to expand its IT service desk software, according to a Thursday (Dec. 18) press release.

The company sells tools to managed service providers, which handle IT support for SMBs that lack in-house technology teams.

Traditional IT ticketing systems are often reactive and manual. Thread’s platform organizes service requests, automates documentation and helps teams resolve issues more efficiently. The software is aimed at improving service quality for managed service providers while allowing them to scale operations without adding proportional headcount.

Helping Professionals Find and Serve Customers More Effectively

FINNY raised $17 million in a Series A funding round led by Venrock to grow its platform for financial advisers, according to a Thursday company blog post.

The company helps advisers identify potential clients by analyzing life events and financial signals that indicate when someone may need professional advice.

Instead of relying on cold outreach or referrals alone, advisers using FINNY receive data-driven prospect recommendations and automated support for follow-ups, scheduling and communications. The goal is to reduce time spent on prospecting and allow advisers to focus on client relationships and planning.

Expanding the Hardware That Powers AI Applications

Mythic raised $125 million in new funding to expand deployment of its analog AI chiplets, according to a Wednesday press release.

The company designs hardware that allows AI applications to run efficiently inside devices and machines rather than relying entirely on centralized cloud infrastructure.

The approach is aimed at organizations that need AI capabilities in environments where power consumption, cost and reliability are critical, such as manufacturing, transportation and defense. Mythic’s chips are intended to make AI more practical in real-world settings where constant cloud connectivity is not feasible.