Vista Equity Partners led the strategic investment to accelerate the company's software roadmap.
"This partnership marks an exciting milestone for Joblogic. Our goal has always been to simplify the complex reality of field service work to help our customers achieve efficiency and growth, and with Vista’s support we’re better positioned than ever to deliver on that. We’re continuing to invest in our market-leading AI solutions to bring real intelligence to the job lifecycle, and we’re energised by the opportunity to move faster and serve our customers even more effectively."
The synthetic anatomy startup bypassed traditional law firms by using Genie AI to complete its seed round documentation.
"We completed a complex set of documents in a fraction of the usual time, and with minimal to zero external legal spend with Genie AI. Beyond powering our funding round, Genie also handled our Material Transfer Agreement, IP assignments and NDAs, allowing us to stay focused on scaling and innovating in synthetic anatomy. I know that many founders are frustrated by the current legal fee system. My background as a graduate in law helped give me the confidence to do things differently. The market will show no loyalty to traditional legal services if AI systems keep generating more value for the dollar spent. Why should it?"
— Nazmus Tareque, Co-Founder and Chief Commercial Officer
The funding from foundation-owned DNV will support single patient record functionality and global expansion.
"We are thrilled to welcome DNV as a true partner. This is a strategic alignment with a Foundation that believes in our mission and with which we share great synergies. DNV’s global reach, well-connected network, and ethical alignment with our status as a social enterprise are exactly what we were looking for in a partner. I’m also extremely grateful to the team at FirstCapital, led by Co-Founder and Chairman Hazel Moore, for advising us on this transaction – their support has been invaluable."
The financing was co-led by New Enterprise Associates and Temasek with participation from a broad group of strategic investors.
"Next-generation AI compute, clean air and water and sustainable energy – these multi-billion-dollar global challenges share a common barrier: materials. CuspAI’s mission is to change that. In just a year, we’ve gone from concept to partnerships with world leaders in automotive, semiconductors, energy, and climate."
The seed round was raised from angel investors including Timothy Hely Hutchinson CBE and Tom Weldon.
"The modern social media landscape often leaves people distracted, unfocused, and unmotivated. Closing our round in just three weeks and welcoming thousands of early users tells us there’s a real hunger for a more productive alternative to social media. With uRoutine, we want to give people a platform that genuinely helps them build productive routines and healthy habits, with support from friends, experts and the latest AI-powered tools. This funding gives us the opportunity to scale, innovate, and make a meaningful impact worldwide. We are thrilled to have the backing of investors who worked alongside us before and saw our last company through to a successful exit. This allows us to focus entirely on delivering value for our users from day one and turn the appetite we have experienced into lasting influence."
