The AlleyWatch Startup Daily Funding Report: 9/4/2024
Briefly

Trestle, a vendor risk management platform for the construction industry, raised $2.3M in Pre-Seed funding led by Lerer Hippeau. Founded by Dak Washbrook, Jason Chen, and Victor Zhang in 2022, Trestle aims to enhance risk mitigation processes within construction projects, presenting solutions to streamline vendor outsourcing and improve compliance management. This early funding signals strong investor interest in addressing industry-specific challenges through innovative technologies.
Create Wellness, founded by Dan McCormick in 2022, has secured $5M in Series A funding, led by Unilever Ventures, bringing its total funding to $7.3M. The brand specializes in creatine gummy supplements, catering to health-conscious consumers seeking convenient nutrition alternatives. The substantial backing underscores investor confidence in Create Wellness' potential to disrupt traditional supplement markets with innovative product forms and extensive distribution strategies.
1m, a risk management platform catering to the healthcare industry, raised $7.7M in its latest funding round, fueled by contributions from eighteen investors. Founded by Jeffrey Ellis and Chris Giuliano in 2022, 1m focuses on providing technology solutions to enhance risk assessment and management for healthcare providers. This notable funding indicates a growing need for sophisticated tools in the healthcare sector to address emerging risks in service delivery.
Read at Alleywatch
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