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InstaLILY Raises $60M in Series B Funding led by Energize Capital, with participation from Insight Partners and others, to enhance its software capabilities and expand globally.
PRIVATEJul 16, 2026•24 days ago
Amount Raised
$60 Million
Round Type
Series B
New YorkSoftwareArtificial Intelligenceinformation technology & servicesInvestors
United RentalsHome Depot VenturesInsight PartnersEnergize Capital
Description
InstaLILY, based in New York City, has secured $60 million in Series B funding. The round was led by Energize Capital, with participation from Insight Partners, Home Depot Ventures, and United Rentals. InstaLILY plans to use the funds for software optimization, expanding industry capabilities, and workforce growth. Founded in 2023, the company has already seen a fivefold increase in annual revenues over the past year.
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Funding Insights
Based on industry dataTimeline to next round
Series B companies typically work for 15-20 months before raising new capital
Growth expectations
Series B companies are expected to scale rapidly and expand market reach
VC-backed spending patterns
VC-backed companies spend 89% more on sales and 100% more on marketing than bootstrapped peers
Tech investment trends
83% of B2B companies plan digital investments, with 79% prioritizing customer experience tech