Funded Startups in Newport
Among the 12 most recent entries, the largest disclosed round is Propel Finance’s $101M on 2026-06-16, which dwarfs the next-largest disclosed amount: The…
Among the 12 most recent entries, the largest disclosed round is Propel Finance’s $101M on 2026-06-16, which dwarfs the next-largest disclosed amount: The Wanderlust Group’s $30M (2022-01-19). Only one additional disclosed round clears $20M (Incredible Tiny homes at $5M on 2026-05-05 is far below $20M; Pontiro’s $480K and Jaia Robotics’ $2M sit much lower), while several amounts are small or not disclosed (e.g., Dockwa on 2026-06-03 and TYTL on 2026-03-11 are undisclosed).
The dataset concentrates in a tight geography naming pattern: Newport appears across multiple states/countries (UK, Rhode Island, and Tennessee/Kentucky), and the newest cluster is dated in 2026 (11 entries from 2026–06-03 through 2026-06-16, plus a 2026-05-05 entry and earlier 2026-03-11). Stage labeling is mixed: “Series Unknown” appears in 5 of 12 rows, while undisclosed amounts appear in 4 of 12 rows. The time window runs from 2021-01-25 (Malamute) to 2026-06-16 (Propel Finance).
Most recent rounds
12 shownRelated listings
Frequently asked
Which disclosed round looks like a true outlier, and how does it reframe the rest of the Newport list?
Propel Finance’s $101M round on 2026-06-16 is the only disclosed figure at that magnitude; the next-largest disclosed amount is $30M for The Wanderlust Group on 2022-01-19, with most other disclosed rounds far smaller (e.g., Jaia Robotics $2M on 2024-12-12; Pontiro $480K on 2026-02-20).
Do the most recent closings cluster in a short time window?
Yes. Four of the 12 rows fall in June 2026: Propel Finance ($101M, 2026-06-16), Dockwa (undisclosed, 2026-06-03), plus the 2026 entries spanning 2026-05-05 (Incredible Tiny homes, $5M) and 2026-03-11 (TYTL, undisclosed).
How often are deal sizes undisclosed or labeled “Series Unknown,” and does that affect comparability?
Undisclosed amounts occur in 4 of 12 rows (Dockwa on 2026-06-03; TYTL on 2026-03-11; RelayHub on 2024-10-23; all labeled without disclosed USD amounts). Separately, “Series Unknown” appears in 5 of 12 rows (e.g., Propel Finance on 2026-06-16; Dockwa on 2026-06-03; RelayHub on 2024-10-23), making cross-company comparisons by stage less consistent than by geography and date.
Is Newport “state” or country split over-represented among these entries?
Rhode Island dominates the named location within the list: multiple entries are explicitly Newport, Rhode Island (Dockwa 2026-06-03; TYTL 2026-03-11; Jaia Robotics 2024-12-12; RelayHub 2024-10-23; The Wanderlust Group 2022-01-19; Vizsafe 2022-01-10; Siren Marine 2021-04-02; Malamute 2021-01-25). Other geography variants appear fewer times, including Newport, United Kingdom (Propel Finance on 2026-06-16; Pontiro on 2026-02-20; once per company) and singletons like Newport, Tennessee (Incredible Tiny homes, 2026-05-05) and Newport, Kentucky (Brighton Center, 2025-04-14).
Which stage or sector patterns stand out from the small sample?
Stage labels are split across early and growth: Seed appears for Pontiro (2026-02-20, $480K) and Jaia Robotics (2024-12-12, $2M) but also sits alongside “Series Unknown” for multiple recent entries (Propel Finance on 2026-06-16; Dockwa on 2026-06-03; RelayHub on 2024-10-23). Sector-wise, Financial Services shows up in 2 of 12 rows (Propel Finance on 2026-06-16; RelayHub on 2024-10-23), while most other sectors appear once (e.g., Blockchain/Crypto via TYTL on 2026-03-11; Artificial Intelligence via Malamute on 2021-01-25).
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