Funded Startups in Santa Barbara
Disclosed funding amounts in Santa Barbara skew heavily toward a single outlier: Sovato Health raised $41M on 2025-11-09, which is well above the next-larg…
Disclosed funding amounts in Santa Barbara skew heavily toward a single outlier: Sovato Health raised $41M on 2025-11-09, which is well above the next-largest disclosed rounds (Kate Farms at $75M is actually the top disclosed amount overall in this list, while Sovato is the most recent large round). The largest disclosed round in the 40 rows is Bitwarden’s $100M on 2022-09-06, and the next-largest disclosed amounts cluster far below it at $83M (Invoca, 2022-06-14), $75M (Kate Farms, 2022-09-19), and $50M (Theta Lake, 2022-03-23; also $45M for MixMode, 2022-03-23). Date-wise, rounds span 2020-02-06 (SureSale, $7M) through 2025-11-09 (Sovato Health), with a noticeable concentration in 2024: multiple disclosed rounds fall between July and December 2024 (e.g., Expond $500K on 2024-07-08 and Quintessent $12M on 2024-03-14). Stage/classification is also mixed: “Series Unknown” appears 9 times, and “undisclosed” appears 4 times, while Healthcare/Biotechnology-related categories recur across the list (Healthcare, Health Care, Biotech/Clinical-adjacent entries), including Aptitude Medical Systems (2025-07-28, $9M) and Bexson Biomedical (2021-02-02, $5M).
Most recent rounds
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Frequently asked
What’s the biggest disclosed round in this Santa Barbara set, and how separated is it from the next-largest disclosed amounts?
Bitwarden’s $100M on 2022-09-06 is the largest disclosed amount in the 40 rows. The next-largest disclosed rounds are meaningfully lower: Invoca at $83M (2022-06-14), Kate Farms at $75M (2022-09-19), and then $50M (Theta Lake, 2022-03-23) before dropping into the tens of millions.
Are there clear time clusters among the most recent rounds, or is funding evenly spread across years?
The period from 2024-06-17 through 2025-02-21 includes several consecutive entries, including RemoteBridge (2024-06-17, undisclosed), Expond (2024-07-08, $500K), and Musubi (2025-02-21, $5M). More broadly, the list spans 2020-02-06 (SureSale, $7M) to 2025-11-09 (Sovato Health, $41M), with more than one high-value disclosed round in 2022 as well (e.g., Invoca $83M in 2022-06).
How often are round amounts missing or classification details unclear in this dataset?
Undisclosed amounts appear 4 times (e.g., RemoteBridge on 2024-06-17, Autio on 2023-03-15, Paradise Retreats on 2022-11-17, and H2 Clipper on 2022-09-12). “Series Unknown” appears 9 times as the round/series label, including Sidero Labs (2024-10-23), Zymbit (2024-07-09), and Cognixion (2023-10-03).
Which sectors show up repeatedly enough to look structural rather than incidental?
Healthcare/biomedical-adjacent categories recur across multiple entries, such as Sovato Health (Healthcare, Robotics; 2025-11-09, $41M), Aptitude Medical Systems (Biotechnology; 2025-07-28, $9M), Bexson Biomedical (Health Care; 2021-02-02, $5M), and Invoca’s advertising outside that cluster. The concentration isn’t limited to one year, with healthcare-related rounds appearing both in 2025 (Aptitude Medical Systems) and 2021 (Bexson Biomedical).
Are there notable outliers besides the top-funded round, such as very small disclosed rounds or unusual stage labels?
At the low end, Expond’s $500K on 2024-07-08 and ViQi’s $300K on 2020-09-01 stand out against the tens-of-millions cluster. Stage labeling is also irregular: multiple rows show blank or non-standard labels (e.g., Quintessent with an empty series on 2024-03-14, and C-Zero labeled “Venture - Series Unknown” with $34M on 2022-06-16).
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