Funded Startups in Troy
Among the 11 most recent funded entries shown for Troy, the largest disclosed round is Algo’s $15M (2020-02-18).
Among the 11 most recent funded entries shown for Troy, the largest disclosed round is Algo’s $15M (2020-02-18). Every other disclosed amount in the list—Milestone Bank’s $12M (2026-06-03), Metadome.ai’s $7M (2024-08-08), and the $2M rounds for Automation Alley (2023-06-20) and UCM Digital Health (2023-05-15)—sits well below $15M, making Algo’s disclosed figure the top end of the disclosed range.
The page also shows a tight cluster of round dates in the last three years, with multiple entries from 2023-05-15 through 2024-11-01 (e.g., UCM Digital Health $2M on 2023-05-15; Automation Alley $2M on 2023-06-20; Metadome.ai $7M on 2024-08-08). Geographically, listings span both Troy, Michigan and Troy, New York (UCM Digital Health and Vara Safety are in Troy, New York, while the rest are in Troy, Michigan). Sector coverage is broad, but Financial Services appears in 2 entries (Milestone Bank and Billhighway), and most rounds are not tagged with a specific disclosed amount or stage: 7 of 11 have “undisclosed” or an empty amount field, and 10 of 11 show “Series Unknown” or blank stage labeling.
Most recent rounds
11 shownRelated listings
Frequently asked
What’s the largest disclosed round in this Troy list, and does it meaningfully exceed the rest?
Algo’s $15M on 2020-02-18 is the largest disclosed amount shown, with Milestone Bank next at $12M on 2026-06-03. The remaining disclosed figures are $7M (Metadome.ai, 2024-08-08) and $2M (Automation Alley, 2023-06-20; UCM Digital Health, 2023-05-15), plus one very small disclosed round of $10K (4MJ Social, 2023-08-23).
How much of the activity is concentrated in a recent time window versus spread out?
The oldest disclosed date in the 11 rows is 2020-02-18 (Algo $15M), while the most recent entry is 2026-06-03 (Milestone Bank $12M). Between 2023-05-15 and 2024-11-01, several rounds land in the same general window, including UCM Digital Health $2M (2023-05-15), Automation Alley $2M (2023-06-20), 4MJ Social $10K (2023-08-23), and Metadome.ai $7M (2024-08-08).
Do the Troy entries cluster by geography, or is there meaningful cross-state mixing?
Most rows are Troy, Michigan, but there is cross-state mixing: UCM Digital Health ($2M on 2023-05-15) and Vara Safety ($2M on 2020-09-11) are in Troy, New York. That split suggests the listing is primarily Michigan-led with a smaller New York presence.
Is there a stage mix signal, or is the labeling mostly missing?
Stage information is largely not specified: only Metadome.ai is explicitly labeled “Series A” ($7M on 2024-08-08). The rest are “Series Unknown” or blank (including Algo blank stage with $15M on 2020-02-18, and Milestone Bank with “Series Unknown” and $12M on 2026-06-03).
Which sectors appear most often, and how does that compare to the rest of the industry spread?
No single sector dominates strongly in this slice, but Financial Services shows up twice (Milestone Bank in 2026-06-03 with $12M; Billhighway on 2024-03-05 with undisclosed amount). Other sectors are represented by single entries such as Health Care (UCM Digital Health $2M on 2023-05-15), Artificial Intelligence (Algo $15M on 2020-02-18), and Biotechnology plus Commerce/Shopping (Vara Safety $2M on 2020-09-11).
Are there outliers in disclosed amounts that would skew analysis?
Yes. Algo’s $15M (2020-02-18) and Milestone Bank’s $12M (2026-06-03) sit at the top of the disclosed range, while 4MJ Social’s $10K on 2023-08-23 is a low outlier versus the $2M cluster (Automation Alley and UCM Digital Health) and the $7M disclosed round (Metadome.ai). Also, 7 of 11 rows have “undisclosed” or blank amounts (e.g., Shankar Distillers, Intecells, Finys, Billhighway), which can complicate comparisons across the dataset.
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