Issue #38 • September 26, 2025
Hi Seedradar Squad! This week’s news highlights how AI is rapidly transforming established industries. A massive funding round is scaling a PBM platform, directly challenging healthcare incumbents with a tech-first model, while a similar investment is fueling the AI-driven takeover of the legal industry. Meanwhile, OpenAI launched a new feature to turn the chatbot into a proactive, personalized assistant, and Y Combinator broke the Silicon Valley mold by encouraging student founders to finish their degrees. The message is clear: the most entrenched sectors are now the biggest targets for AI-fueled transformation.
💰 Capital Rx Secures $400 Million Financing Round
Capital Rx, a technology-driven Pharmacy Benefit Manager (PBM), announced a $400 million investment to scale its operations and challenge incumbent players in the healthcare sector.
The company utilizes its proprietary cloud-native enterprise health platform, Judi®, to unify PBM operations and provide transparent, cost-effective pharmacy benefit solutions for employers and health plans.
💰 Snapshots: What Else Is Happening?
• Filevine has closed $400 million in all-equity funding, positioning it as a leader in the AI-driven transformation of the legal industry. The funding will accelerate the integration of AI capabilities directly into its case and matter management platform. - Read More
• OpenAI launched ChatGPT Pulse, a new mobile feature for Pro users that shifts the chatbot from a reactive tool to a proactive, personalized assistant. Pulse delivers a daily morning briefing of curated updates based on the user's chat history, memory, and connected apps like Gmail and Google Calendar. - Read More
• Y Combinator has introduced a new "Early Decision" track, allowing student founders to apply and secure funding and a spot in a future batch while still in school. This initiative lets students finish their degrees before fully committing to their startups, breaking from the traditional Silicon Valley "dropout" narrative. - Read More
• Auterion has raised $130 million to expand its AI-enabled drone swarm capabilities for defense and enterprise customers. The funding will allow for the orchestration of multiple autonomous vehicles, a critical technology for modern military and security operations. - Read More
💰 Sharks of the Week!
️🔥 Khosla Ventures - Co-led a $175 million funding round for Distyl AI, at a $1.8 billion valuation. - Read More
️🔥 RA Capital Management - Co-led a $95 million Series B financing for Sparrow Pharmaceuticals, a company developing targeted cardiometabolic therapeutics. - Read More
️🔥 Forerunner Ventures - Led a $20 million Series B funding round for AmplifyMD, a provider of an AI-enabled, multispecialty virtual care platform. - Read More
🔥 Igniting the Future: Seedradar Ventures Syndicate!
At Seedradar Ventures, we back relentless founders at the earliest stage, investing in teams solving big problems with solutions that deliver a 10–20x greater impact.
Our syndicate offers investors access to a curated pipeline of early-stage startups, sourced through our network.
🚀 Startup Radar: Movers, Shakers & Future Makers
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🛠️ Trending AI Tools to Supercharge Your Workflow!
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💼 Join the Revolution: Hot Startup Jobs!
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💼 Resource of the Week: Unleash the AI Power!
💬 AI-First Content Strategy for Search
A guide on how to create content that ranks in an AI-driven search landscape. It focuses on answering specific user questions, using structured data and schema markup, and building topical authority to gain trust from AI assistants and search engines.
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Disclosure: Seedradar Ventures and/or its general partner may hold investments in some of the companies mentioned in this newsletter. This content is provided for informational purposes only and should not be considered investment advice.
