We love to see Slingshot Insurance trending up! Thanks @bayareawriter and @alex!
It was a pleasant surprise to see my friend, @alex, give me (and my latest article) a shout-out in his excellent Cautious Optimism newsletter today! If you don't already, you should subscribe!
cautiousoptimism.news/thurs1
Rally Ventures retweeted
Insurance offered at checkout — whether for a flight, youth sports registration or equipment rental — can be a difficult business when individual policies cost as little as $25. Startup Slingshot Insurance believes AI can change the economics. The Minneapolis-based company is emerging from stealth with $27 million in seed funding co-led by Rally Ventures and Skyward Group, it tells Crunchbase News exclusively. The startup, whose platform automates much of the administrative work involved in connecting software companies with insurers, is also pursuing an acquisition.
news.crunchbase.com/fintech-…
Congrats, team! Rally has been an investor in @oxidecomputer since its first financing in 2019, and it's been so fun to watch the team build and grow. Oxide is on an incredible run, and we’re excited to see what’s ahead! 🚀
Today we're announcing our $445M Series D and announcing that we've reached profitability.
Thanks to @EclipseVentures for leading the round, with participation from existing investors @USITfund, @JaneStreetGroup, Riot Ventures, @intelcapital, @friendsfamcap, and @counterpartvc.
The best AI model is not what sets a company apart, because everyone ends up with the same tools. The real edge is deep knowledge of a specific industry, the kind of advantage MN companies have spent decades building.
New from @jmkaufenberg in @TCBmag: tcbmag.com/minnesotas-ai-adv…
"You're going to start to see agents getting hacked, not people."
Check out this Axios article, where our CEO @davegerryjr spoke about his prediction that agents will start being adversaries and targets. axios.com/2026/09/08/ai-agen…
We're updating the name of our core investment thesis from SaaS+ to AI+. Customers used to buy software with embedded fintech inside. Now, increasingly, they buy AI capability with embedded fintech inside.
New from @jmkaufenberg: rallyventures.com/from-saas-…
Congrats to the @yardstik team on their $30M Series B! We've been in since the earliest days and we're proud to keep backing them. Thanks @AliShops and @StarTribune for the great story. startribune.com/yardstik-fun…
Rally Ventures retweeted
Workplace fraud monitoring startup Yardstik raises $30M to help employers keep tabs on their staff ift.tt/WjLKc9l
Rally Ventures retweeted
We're joining @AnthropicAI's Project Glasswing, a collaborative effort to secure the world's most critical software. We're using Claude Mythos to find and patch potential vulnerabilities across our codebase, from firmware through the OS, and control plane. buff.ly/PS8tTEh
Rally Ventures retweeted
Allen Control Systems has been selected for the United States Marine Corps Ground Based Air Defense program, which will see Bullfrog integrated into the service’s most expeditionary counter-drone program of record, the L-MADIS.
Already deployed with the U.S. Army and Navy and validated with JIATF 401 and allied military customers, Bullfrog is now part of the Marine Corps's answer to the expanding drone threat.
Marines operate in the most demanding environments on the planet, and they deserve the most advanced capabilities -- as fast, reliable, and lethal as they are.
Today we announced that the @USMC has selected our Bullfrog autonomous weapon station for its Ground Based Air Defense program. Bullfrog will be integrated into the service's Light Marine Air Defense Integrated System (L-MADIS) program of record, equipping Marines with a precise, scalable, and cost-effective kinetic defeat capability against the low-cost weaponized drones reshaping battlefields around the world.
We're honored to support the Marines, and we'll continue delivering the technology they need to stay ahead of evolving threats.
Rally Ventures retweeted
Abstract Security raises $25M Series A extension, recurring revenue up 380% ift.tt/3mqJMU4
For years in enterprise SaaS, the software was the moat. AI is changing that fast. What holds up now is the workflow data and trust a platform builds over years.
@jmkaufenberg breaks down four layers of that advantage and why context wins the AI era:
rallyventures.com/the-contex…
Rally Ventures retweeted
The Oxide team just got a raise 🚀
This is our third raise since last September: $207k -> $235k -> $250k -> $275k. The same salary for all non-variable comp folks.
And yes, we're hiring!
Rally Ventures retweeted
Allen Control Systems has raised a $200M Series B led by Smash Capital, with participation from @craft_ventures, @rallyvc, and @InspiredCap.
Low-cost drones are reshaping modern conflict, and the demand for proven counter-drone defense is accelerating. This funding enables us to scale Bullfrog, the most trusted kinetic solution built for the U.S. military and allied partners worldwide.
We're hiring across manufacturing, engineering, and operations to scale the next generation of counter-drone defense.
We just got back from our 2026 Annual Meeting in Menlo Park. Here are our takeaways on where software is heading, what AI-native really means and why we're more convicted than ever in the work ahead. rallyventures.com/2026-annua…
Excited to welcome Liz Benz to Rally Ventures as an Operating Partner. Liz is a longtime Rally Tech Partner who helped take @JamfSoftware from $70M to $700M+ in ARR.
She'll now work directly with our founders on GTM strategy and execution. Welcome, Liz! rallyventures.com/liz-benz-j…
Several Rally portfolio companies have built genuinely creative remote setups: always-on video calls, equal salaries, five years of virtually no turnover. And, we share what we're doing at Rally too. Read more: rallyventures.com/how-rally-…
We loved this conversation with Captur CEO Charlotte Bax and Rally's Ben Fried on what makes Captur a compelling investment, why the hardest problems in AI are about people & what 'Mars Needs Women' taught Charlotte about building things people care about.
rallyventures.com/captur/
For most growing companies, the security problem isn't too few tools, it's that that don't work well together. Managing the sprawl is its own burden. Ostra Security shared what they're seeing and how companies are responding: rallyventures.com/how-growin…
Congrats to the @oxidecomputer team on their $200M Series C! An exciting milestone for a team building truly differentiated infrastructure. 🚀
Thrilled to share that we have closed our $200M Series C.
Thank you to Thomas Tull's @USITfund for leading, along with @EclipseVentures, Riot Ventures, @JaneStreetGroup, @intelcapital, @counterpartvc, @friendsfamcap and all of our additional investors.
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