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3.26.26
Firm Advises Neon on $25 Million Seed Round
On March 25, 2026, Neon, a consumer platform that allows people to monetize their personal data, announced that it has raised over $25 million in combined equity and credit from Lightspeed Venture Partners, Upper90, Upfront Ventures, and other investors. This new capital will bring Neon’s total funding to nearly $27 million, following a $1.5 million pre-seed round that was led by Upfront, with participation from Wilson Sonsini Goodrich & Rosati and Xfund. Wilson Sonsini advised Neon on the transaction.
Client Highlights
10.02.25
Wilson Sonsini Advises Kodiak AI on Completed Business Combination with Ares Acquisition Corporation II
On September 29, 2025, Kodiak AI, a leading provider of AI-powered autonomous vehicle technology, announced that Kodiak Robotics, Inc. successfully completed its business combination with Ares Acquisition Corporation II (AACT), a publicly traded special purpose acquisition company. The business combination was approved by AACT shareholders on September 23, 2025. In connection with the closing, AACT was renamed Kodiak AI. Kodiak AI’s common stock and public warrants began trading on Nasdaq on September 25, 2025, under the ticker symbols “KDK” and “KDKRW,” respectively. Wilson Sonsini Goodrich & Rosati advised Kodiak AI on the transaction.
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9.30.25
Wilson Sonsini Advises Assort Health on $76 Million Series B
On September 30, 2025, Assort Health, a comprehensive patient experience platform powered by specialty-specific agentic AI, announced the close of a $76 million Series B financing round led by Lightspeed Venture Partners, with investments by Felicis, First Round Capital, Chemistry, A*, Liquid2, and Quiet. A Wilson Sonsini Goodrich & Rosati team led by Lang Liu, Alex Youssef, and Andrew Lu advised Assort Health on the transaction.
Client Highlights
7.24.25
Wilson Sonsini Advises Memories.ai on $8 Million Seed Financing
On July 24, 2025, Memories.ai, an AI research lab building visual memories for AI, announced that it has raised $8 million in a seed funding round led by Susa Ventures, with participation from Samsung Next, Crane Venture Partners, Fusion Fund, Seedcamp, and Creator Ventures. Wilson Sonsini Goodrich & Rosati advised Memories.ai on the transaction.
Client Highlights
6.03.25
Wilson Sonsini Advises Palmstreet on Fundraising Transactions
On May 21, 2025, Plant Identification, Inc. (d/b/a Palmstreet), a live-shopping marketplace, announced it has raised $25 million in aggregate funding from investors such as a16z, Craft Ventures, and Headline, along with other early-stage investors. Wilson Sonsini Goodrich & Rosati has represented Palmstreet in its recent financing transactions.
Client Highlights
4.16.25
Firm Advises Kodiak Robotics on Business Combination with Ares Acquisition Corporation
On April 14, 2025, Kodiak Robotics, Inc., a leading provider of AI-powered autonomous vehicle technology, and Ares Acquisition Corporation II (AACT), a publicly traded special purpose acquisition company, announced they have entered into a definitive business combination agreement through which Kodiak will become a publicly listed company. AACT is an affiliate of Ares Management Corporation (Ares). Wilson Sonsini Goodrich & Rosati is advising Kodiak on the transaction.
The proposed business combination ascribes a pre-money equity value of $2.5 billion to Kodiak. The combined company is expected to receive approximately $551 million of cash held in AACT’s trust account at closing, assuming no redemptions of existing AACT shares and based on trust value per share as of December 31, 2024. Additionally, certain institutional investors, including affiliates of Soros Fund Management, ARK Investments, and Ares, have invested or committed over $110 million to support the transaction.
The proposed business combination ascribes a pre-money equity value of $2.5 billion to Kodiak. The combined company is expected to receive approximately $551 million of cash held in AACT’s trust account at closing, assuming no redemptions of existing AACT shares and based on trust value per share as of December 31, 2024. Additionally, certain institutional investors, including affiliates of Soros Fund Management, ARK Investments, and Ares, have invested or committed over $110 million to support the transaction.
Client Highlights
2.20.25
Wilson Sonsini Advises Millie on $12 Million Series A
On February 20, 2025, Millie, a tech-enabled maternity clinic, announced that it raised $12 million in Series A funding co-led by TMV and Foreground Capital, with significant participation from Pivotal Ventures and the March of Dimes Innovation Fund, two of the most prominent organizations advancing women’s health. Ingeborg Investments also participated in the round alongside BBG Ventures, Joyance, LearnStart, Amboy Street Ventures, Mother Ventures, Coyote Ventures, and Chai Ventures. Wilson Sonsini Goodrich & Rosati advised Millie on the transaction.
Client Highlights
2.18.25
Wilson Sonsini Advises Tofu on $12 Million Series A
On February 13, 2025, Tofu, a unified AI platform for B2B marketing teams, announced it has raised $12 million in Series A funding. The investment was led by SignalFire, with participation from HubSpot Ventures, Tau Ventures, Correlation Ventures, Alumni Ventures, SH Fund, Riverside Ventures, Eudemian Ventures, and Han Bridge Capital, alongside a notable group of angel investors. Existing investors Index Ventures, Stage 2 Capital, and Liquid 2 Ventures also participated in the round. Tofu's unified platform addresses a critical pain point for marketing teams: the overwhelming proliferation of martech tools. By consolidating campaign execution under one roof, Tofu enables GTM teams to create personalized, omni-channel campaigns at scale without the burden of managing multiple point solutions.
Client Highlights
1.16.25
Wilson Sonsini Advises Smith Point Capital on Prophecy’s $47 Million Series B-1
On January 16, 2025, Prophecy, a leading data copilot company, announced the completion of a $47 million Series B-1 funding round. The round was led by Smith Point Capital, with HSBC joining as a new investor. Existing investors, including Berkeley SkyDeck, DallasVC, Insight Partners, JPMorgan Chase, and SignalFire, also participated. Wilson Sonsini Goodrich & Rosati advised Smith Point Capital on the transaction.
Client Highlights
11.14.24
Wilson Sonsini Advises Stepful on $31.5 Million Series B Round
On November 13, 2024, Stepful, a company re-imagining healthcare training for allied health professional jobs, announced it successfully raised $31.5 million in Series B funding. The round was led by Oak HC/FT with participation from Y Combinator, Reach Capital, AlleyCorp, SemperVirens, Company Ventures, Green Sands, ECMC Education Impact Fund, Intermountain Ventures, and Cedar Pine. Wilson Sonsini Goodrich & Rosati represented Stepful in the transaction.
Client Highlights
10.28.24
Wilson Sonsini Advises Cascade AI on $3.75 Million Funding Round
On October 24, 2024, Cascade AI, an AI assistant built to respond to human resources (HR) inquiries at an individual employee level, announced it has secured a $3.75 million seed investment led by Gradient, Google’s early-stage AI fund, with participation from Myriad Venture Partners and Success Venture Partners. Wilson Sonsini Goodrich & Rosati advised Cascade on the transaction.