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5.29.26
Wilson Sonsini Advises Arc on $10.76 Million Seed Funding
On May 26, 2026, voice AI start-up Arc announced the launch of its drive-through platform and a $10.76 million Seed funding round led by Andreessen Horowitz, with participation by Adverb Ventures, Broadway Restaurant Group, LLC, United Talent Agency, and others. Wilson Sonsini Goodrich & Rosati advised Arc on the financing.
Founded by Square and Cash App veterans Mike MacLennan and Ali Hussain, Arc is the only voice AI platform purpose-built to bring e-commerce-grade optimization to the drive-through. Powered by its proprietary AI voice ordering system, Arc’s platform “lets operators manage their drive-through with the precision, measurability, and curated experience of a modern digital channel,” according to MacLennan. The company is already working with two major fast-food chains and says its system can complete orders on its own over 95 percent of the time.
The Wilson Sonsini team that advised Arc on the financing included Mark Baudler, Jonathan Chan, Jocqui Kaup, Peter Bratton, James Power, Mounika Yepuri, and Annie Xu.
For more information, please see coverage from Fortune and Startup Fortune.
Founded by Square and Cash App veterans Mike MacLennan and Ali Hussain, Arc is the only voice AI platform purpose-built to bring e-commerce-grade optimization to the drive-through. Powered by its proprietary AI voice ordering system, Arc’s platform “lets operators manage their drive-through with the precision, measurability, and curated experience of a modern digital channel,” according to MacLennan. The company is already working with two major fast-food chains and says its system can complete orders on its own over 95 percent of the time.
The Wilson Sonsini team that advised Arc on the financing included Mark Baudler, Jonathan Chan, Jocqui Kaup, Peter Bratton, James Power, Mounika Yepuri, and Annie Xu.
For more information, please see coverage from Fortune and Startup Fortune.
Client Highlights
3.10.26
Wilson Sonsini Advises Rhoda AI on $450 Million Funding as Company Emerges from Stealth
On March 10, 2026, Rhoda AI, a robotics intelligence start-up, announced it has emerged from stealth and raised $450 million in a Series A fundraising round led by Capricorn Investment Group, Khosla Ventures, Leitmotif, Matter Venture Partners, Mayfield, Premji Invest, Prelude Ventures, Temasek, Xora, and John Doerr, among others. Wilson Sonsini Goodrich & Rosati advised Rhoda AI on the transaction.
Client Highlights
7.09.25
Firm Advises Circle Games on $7.25 Million Funding Round
On July 9, 2025, Circle Games announced that it has closed a $7.25 million round of funding. The round was led by Bitkraft Ventures, with a16z Speedrun, Play Ventures, e2vc, and APY Ventures also participating. Circle Games plans to use the proceeds from the funding to develop mobile casual games. Wilson Sonsini Goodrich & Rosati advised Circle Games on the transaction.
The Wilson Sonsini team included Jonathan Chan, Mark Baudler, Peter Bratton, Mounika Yepuri, and Kate Kirkpatrick.
For more information, please see this article from GamesBeat.
The Wilson Sonsini team included Jonathan Chan, Mark Baudler, Peter Bratton, Mounika Yepuri, and Kate Kirkpatrick.
For more information, please see this article from GamesBeat.
Client Highlights
4.22.25
Wilson Sonsini Advises Altruist on $152 Million Series F Financing
On April 22, 2025, Altruist, the modern custodian for RIAs, announced $152 million in Series F funding led by GIC, a global institutional investor. Salesforce Ventures, Geodesic Capital, Baillie Gifford, Carson Family Office, ICONIQ Growth, and a select group of additional partners also participated. The round values the company at approximately $1.9 billion. Wilson Sonsini Goodrich & Rosati advised Altruist on the transaction.
The Series F funding follows a landmark year. In 2024, Altruist launched a suite of new products, including a high-yield cash account, automated and scalable tax management tools, and a fully digital native fixed-income trading experience. The company achieved triple-digit growth in key metrics such as revenue, brokerage accounts, and advisors served.
The Wilson Sonsini team that advised Altruist on the transaction included:
The Series F funding follows a landmark year. In 2024, Altruist launched a suite of new products, including a high-yield cash account, automated and scalable tax management tools, and a fully digital native fixed-income trading experience. The company achieved triple-digit growth in key metrics such as revenue, brokerage accounts, and advisors served.
The Wilson Sonsini team that advised Altruist on the transaction included:
Client Highlights
2.20.25
Wilson Sonsini Advises Incept AI on $3 Million Pre-Seed Funding
On February 18, 2025, Incept AI, a company focused on bringing voice AI for restaurant drive-thrus and phone orders, announced a $3 million pre-seed round led by Rally Ventures with participation from 10VC. Wilson Sonsini Goodrich & Rosati advised Incept AI on the transaction.
Client Highlights
12.12.24
Wilson Sonsini Advises Axiado Corporation on $60 Million Series C Funding
On December 4, 2024, Axiado Corporation, a pioneer in hardware anchored platform security, announced it successfully raised $60 million in an oversubscribed Series C funding round. The round was led by Maverick Silicon with participation from Samsung Catalyst Fund, Atreides Management, and Crosslink Capital. Wilson Sonsini Goodrich & Rosati advised Axiado Corporation on the transaction.
This investment will fuel the company’s rapid growth and continued innovation in AI-driven cybersecurity technologies that are redefining platform security and energy efficiency for accelerated computing in AI data centers. Axiado will use the funding to drive continued innovation, strengthen strategic partnerships with leading platform vendors like NVIDIA, AMD, Intel, and Arm, and accelerate go-to-market initiatives with OEM and ODM partners to drive Axiado solutions into the data centers.
This investment will fuel the company’s rapid growth and continued innovation in AI-driven cybersecurity technologies that are redefining platform security and energy efficiency for accelerated computing in AI data centers. Axiado will use the funding to drive continued innovation, strengthen strategic partnerships with leading platform vendors like NVIDIA, AMD, Intel, and Arm, and accelerate go-to-market initiatives with OEM and ODM partners to drive Axiado solutions into the data centers.
Client Highlights
5.23.24
Wilson Sonsini Advises SkyHive on Acquisition by Cornerstone
On May 22, 2024, Cornerstone OnDemand Inc., a leader in Workforce Agility solutions, announced the acquisition of workforce skills intelligence capabilities and a team of highly specialized domain experts from SkyHive Technologies Holdings Inc. SkyHive's AI-powered skills intelligence platform and services help customers build skills-based organizations, providing visibility into the capabilities of employees and enabling organizations in their transformation efforts. Wilson Sonsini Goodrich & Rosati represented SkyHive Technologies Holdings in the transaction.