Funded Startups in Newport
Among the eight most recent rounds in Newport, the only disclosed figure far above the rest is Propel Finance’s $2.0B round dated 2025-07-03; the next-larg…
Among the eight most recent rounds in Newport, the only disclosed figure far above the rest is Propel Finance’s $2.0B round dated 2025-07-03; the next-largest disclosed amount visible is $30M (The Wanderlust Group on 2022-01-19), with all other disclosed rounds clustered well below that level (e.g., Jaia Robotics at $2M on 2024-12-12, Siren Marine at $3M on 2021-04-02). Sector and geography also show clustering rather than dispersion: five of the eight entries are Newport, Rhode Island, and the list spans a clear multi-year edge from 2021-01-25 (Malamute) through 2025-07-03 (Propel Finance). Date-wise, the two latest quarters concentrate multiple deals in Newport, Rhode Island, including Jaia Robotics ($2M, 2024-12-12), RelayHub (undisclosed, 2024-10-23), and Propel Finance ($2.0B, 2025-07-03). Stage labels are mixed (only one Seed: Jaia Robotics on 2024-12-12), while “Series Unknown” appears five times and “undisclosed” once (RelayHub on 2024-10-23).
Most recent rounds
8 shownRelated listings
Frequently asked
What’s the largest disclosed round in this Newport set, and how does it change the distribution?
Propel Finance’s $2.0B round (2025-07-03) is a clear outlier: the next-largest disclosed amount is $30M for The Wanderlust Group (2022-01-19), while remaining disclosed rounds are far smaller (for example, Jaia Robotics $2M on 2024-12-12 and Siren Marine $3M on 2021-04-02).
Do multiple deals concentrate in the same Newport geography?
Yes. Five of eight entries list Newport, Rhode Island (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), versus one each for Newport, Kentucky (Brighton Center, 2025-04-14) and Newport, United Kingdom (Propel Finance, 2025-07-03).
Which entries fall within the most recent ~12 months of the listing window?
Within roughly the last year of the most recent date (2025-07-03), the visible deals are Propel Finance ($2.0B, 2025-07-03), Brighton Center ($20K, 2025-04-14), and RelayHub (undisclosed, 2024-10-23) plus Jaia Robotics ($2M, 2024-12-12).
How much of the list uses unspecified or undisclosed round sizing/classification?
Round disclosure is frequently incomplete: “Series Unknown” appears five times (Propel Finance 2025-07-03; Brighton Center 2025-04-14; RelayHub 2024-10-23; Siren Marine 2021-04-02; Malamute is Pre-Seed but Vizsafe is Debt Financing, so the remaining “Series Unknown” are the five named), and one entry is explicitly “undisclosed” for amount (RelayHub on 2024-10-23).
What stage mix dominates across these Newport rounds?
No single stage dominates clearly by count: the only Seed is Jaia Robotics (2024-12-12, $2M), the only Pre-Seed is Malamute (2021-01-25, $100K), and there is one Debt Financing (Vizsafe, 2022-01-10, $100K) and one Series C (The Wanderlust Group, 2022-01-19, $30M). In contrast, “Series Unknown” covers multiple entries across years, including Propel Finance (2025-07-03) and Brighton Center (2025-04-14).
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