- Gamma is a productivity suite building a replacement for slide decks. - The company launched with $7M in Seed funding. - The round was led by Accel, with participation from Eric Yuan, Jeff Weiner, Script Capital, South Park Commons, LocalGlobe, Afore and Hustle Fund, as well as founders at Airtable, Patreon, Segment, Honey and Optimizely. - The company intends to use the funds to continue to build out the team and the product.

– Stairwell, a threat-hunting platform, raised $20m in Series A funding.
– The round was led by Sequoia Capital and joined by Accel.
– The funding will be used to further advance the Inception platform and to increase the startup’s headcount.
– The Inception platform is launching in early release for a limited number of customers, with full general availability scheduled for 2022.

– Sorare is a Paris, France, NFT-based fantasy football platform.
– The company raised $680m in Series B funding.
– The round was led by Softbank with participation from Atomico, Bessemer Ventures, D1 Capital, Eurazeo, IVP, Liontree and existing investors Benchmark, Accel and Headline, as well as football players Gerard Piqué, Antoine Griezmann, Rio Ferdinand and César Azpilicueta.
– The new investment will be used to accelerate growth within football while also replicating its model in other sports, expand its team by hiring across key roles, and launch marketing campaigns with partners, athletes, and media companies.

– Jakarta-based Xendit, best known for its digital payment infrastructure but also focused on other financial products, announced it has raised $150 million in Series C funding, bumping its valuation to $1 billion.
– The round was led by Tiger Global Management, with participation from returning investors Accel, Amasia and Goat Capital.
– This new round brings its total funding so far to $238 million.
– The company was founded in 2015 by chief executive officer Moses Lo and chief operating officer Tessa Wijaya.

– Misfits Market has closed a $225M Series C-1 round led by SoftBank Vision Fund 2 and with participation from Accel.
– The investment brings the company’s valuation to $2B and the overall funding raised by Misfits Market to $526.5M.
– The additional capital will be used to fuel nationwide expansion and increase the selection of items available to customers as Misfits Market builds a complete online grocery platform.
– On the heels of Misfits Market’s Series C round in April 2021 and during a pivotal period of change in the broader grocery industry, the company has experienced sustained growth as it makes headway on its mission to eradicate food deserts in America by 2025.

– Melio, a leading B2B payments platform for small businesses, today announced it has raised an additional $250m, tripling the company’s valuation to $4bn since January 2021.
– The Series D round, which comes as the company grew its monthly processing volumes by 5,000% over the last 18 months, was co-led by new investor Thrive Capital of New York, along with existing investor General Catalyst. U.S. investment firm Tiger Global Management also invested in the round, along with existing investors Accel, Bessemer, Coatue, Corner Ventures, and Latitude.
– The capital raised will accelerate the company’s expansion through partnerships with leading financial institutions, software providers, and marketplaces interested in enabling B2B payments for their customers.

– Commercetools, a provider of e-commerce APIs, raised $140m in funding.
– The funding was led by Accel and joined by Insight Partners and REWE Group.
– The company was valued at $1.9bn.

– Burlingame, California-based startup using a data-driven approach to product quality, unitQ, raised $30m in Series B funding.
– The round was led by Accel.
– Existing backers Creandum — the early-stage Swedish fund which also backed Shopify — and Gradient Ventures, Google’s AI-focused venture fund, also put money in the round
– The company plans to use the funding to expand its sales and marketing efforts.

– Olio is a London UK-based community sustainability app.
– Company raised $43M in Series B funding.
– The round was led by VNV Global and Lugard Road Capital with participation from Accel, Octopus Ventures, Rubio, Jason Stockwood, Lord Waheed Alli, DX Ventures, Alumni Ventures and Flight Ventures.
– The new investment will be used to accelerate the company’s international expansion and development of new products.

– Centaur Labs, a medical data labeling company, announced $15 million in funding to advance their mission to label the world’s medical data.
– The Series A round was led by Matrix Partners with participation from other funds including Accel, Global Founders Capital, Susa Ventures, Y Combinator, and individual investors including John Capodilupo (founder and CTO of WHOOP), Tom Lee (founder of One Medical), and Elliot Cohen (founder and CPO of PillPack).
– The new capital will fund the expansion of the company’s global network of labelers and accelerate product development and hiring.
– Artificial intelligence is enabling extraordinary advances in healthcare, with the potential to reduce costs and drastically improve healthcare outcomes. However, AI is only as accurate as the data it is trained on.

– Checkr is a San Francisco CA-based HR technology company.
– Company raised $250m in Series E funding, valuing it at $4.6b.
– The round was led by Durable Capital, Fidelity Management & Research Company LLC and Franklin Templeton with participation from BOND Capital, Khosla Ventures, IVP, T. Rowe Price, Coatue, Accel and Y Combinator.
– The new investment will be used to expand operations and business reach.

– Skeps, a global Point-Of-Sale (POS) financial technology company announced the close of Series A funding of $9.5 million, led by Bertelsmann India Investments.
– Existing investor Accel also participated in this round.
– The company intends to use the funds to expand the sales, marketing, engineering, and product teams, grow their merchant and lender client base, and broaden services offered to their customers.
– Skeps’ platform provides a suite of technology solutions for both merchants and lenders. Merchants can offer financing options ranging from Pay-in-4 to longer-term loans with one simple integration. Banks can use Skeps as their answer to branded BNPL platforms or grow their unsecured lending portfolio.

– Knoetic is a NYC-based platform for Chief People Officers that combines a social network and a SaaS analytics tool.
– The company raised $18M in Series A funding.
– The round was led by Accel with participation from New York Times bestselling author Adam Grant, as well as Karan Mehandru (STEADFAST, and formerly Trinity Ventures), Dan Bomze (Founder/CEO of MileIQ), Sterling Road (Ash Rust), Bob Tinker (angel investor & Metamorph Partners), Jake Stein (Cofounder/CEO of Common Paper), Bob Moore (Cofounder/CEO of Crossbeam), Contrary Capital (Eric Tarczynski), Pear Ventures (Mar Hershenson & Pejman Nozad), and 100 other executives, thinkers, and founders.
– The new capital will accelerate new product innovation and the expansion of the team.

– Flink, a Mexico City-based neobroker, raised $57m in Series B funding.
– The round was led by Lightspeed Venture Partners and joined by Accel, ALLVP, Clocktower and new investor Mantis VC.
– The startup has raised nearly $70m since its inception in 2017.

– Zetwerk, a B2B marketplace for manufacturing items, raised $150m in Series E funding.
– The round was led by D1 Capital Partners and joined by new investors Avenir and IIFL, and existing investors Greenoaks Capital, Lightspeed Venture Partners, Sequoia Capital and Accel Partners.
– The company plans to deploy the fresh capital to broaden its technology stack and expand to more international markets.

– Zepz, formerly WorldRemit, a digital cross-border payments platform operating two market-leading brands (WorldRemit and Sendwave, acquired in 2021), with over 11 million users1 across 150 countries, announces it has raised $292m in new financing, achieving a valuation of $5bn.
– The round includes new equity investors Farallon Capital among others, as well as backing from existing investors Leapfrog, TCV and Accel.
– Zepz is revolutionizing the P2P cross-border payments market, an estimated $1tn market opportunity which continues to be predominantly offline and is characterised by high prices and poor customer experience.

– DriveWealth Holdings, Inc. (NYSE: DRV) is a Chatam, N.J.-based fractional trading and embedded finance company.
– The company raised $450m in Series D funding.
– The round was co-led by Insight Partners and Accel, with participation from Greyhound Capital, Softbank Vision Fund, Point72 Ventures, Fidelity International, Base 10, FTX, and FlightDeck.
– The new investment will be used to continue product and service expansion, talent acquisition, and technology innovation, as well as to launch self-clearing and accelerate execution via strategic acquisitions and partnerships.

– Nuvemshop, Latin America’s leading e-commerce platform, today announced that it has raised a $500m Series E round of funding.
– The round was co-led by Insight Partners and Tiger Global Management, with significant participation from Alkeon and Owl Rock.
– Other investors that joined the round included Sunley House Capital and VMG Partners, as well as existing investors Accel, Kaszek, Kevin Efrusy, Qualcomm Ventures LLC, and ThornTree Capital.
– This new round of financing values the company at $3.1b and brings Nuvemshop’s total funding in the last 10 months to more than $620m.

– Split, the leading feature delivery and experimentation platform, announced $50m in Series D funding led by Owl Rock.
– The round was also joined by Northgate Capital and existing investors including Accel, Lightspeed Venture Partners, Harmony Partners, Microsoft’s venture capital fund M12, Atlassian Ventures, and ServiceNow.
– This latest round of investment brings Split’s total funding to $110m of which $83m was raised within the past year.

– Monte Carlo, the data reliability company, announced that they have raised $60M in Series C funding from ICONIQ Growth with participation from Salesforce Ventures and existing investors Accel, GGV Capital, and Redpoint Ventures – bringing their total funding to $101M.
– With this round, Monte Carlo will fuel the growth of the Data Observability category, further develop its product offerings for our customers, support more use cases, and expand to new markets.
– Monte Carlo’s Series C establishes the company as the first Data Observability company to reach this milestone, a testament to the team’s industry-defining thought leadership, new product releases, and rapid customer growth.

– Eruditus, a Mumbai-based edtech startup, raised $650m funding.
– The round was led by Accel and SoftBank Vision Fund 2.
– The company is valued at $3.2 billion.

– Telehealth company Lucid Lane raised $16m in Series A funding.
– The funding was led by Accel Partners and joined by other investors.
– The company plans to use the funding to continue developing its platform that enables real-time intervention for people with medication dependence and substance-use disorders.

– Blameless, a site reliability engineering platform, raised $30m in Series B funding.
– The round was led by Third Point Ventures with participation from Accel, Decibel and Lightspeed Venture Partners.
– It brings total funding to over $50m.
– The company has interest from more mainstream companies in the areas of enterprise, logistics and healthcare.

– Password management platform 1Password has raised $100m in an Accel-led round of funding at a $2bn valuation.
– The raise comes hot on the heels of a slew of product announcements from the Canadian company, including its expansion into secrets management to help enterprises secure their infrastructure; a new API that enables security teams to funnel 1Password sign-in data directly into cybersecurity tools such as Splunk; and a new Linux desktop app aimed at DevOps teams.
– The ultimate problem that 1Password is setting out solve is that the vast majority of data breaches are due to compromised passwords. 1Password targets businesses like Slack, IBM, and GitLab with a platform that allows users to store passwords securely and log into myriad online services with a single click. It can also be used to store other private documents, such as software licenses and credit card details.

– Netskope from Santa Clara provides a cloud-native SASE platform of technologies that enable secure enterprise digital transformation and secure remote connectivity using integrated Zero Trust Network Access (ZTNA), Secure Web Gateway (SWG), and Cloud Access Security Broker (CASB) capabilities.
– The company raised $300m in funding.
– The round was led by existing investor ICONIQ Growth with participation from existing investors Lightspeed Venture Partners, Accel, Sequoia Capital Global Equities, Base Partners, Sapphire Ventures, and Geodesic Capital.
– Following this round, Netskope has achieved a post-money valuation of $7.5b.

– Shogun, a leading e-commerce experience platform, today announced that it has raised a $67.5 million Series C round of funding.
– The round was led by new investor Insight Partners, with participation from existing investors Initialized Capital, Accel and VMG Partners.
– This brings the company’s total funding to $114.5 million.

– Checkly, an active monitoring platform for APIs and web apps, announced that it closed a $10 million series A funding round led by CRV with participation from Accel, Mango Capital, and Guillermo Rauch.
– The capital, which brings the company’s total raised to $12.25 million, will be used to expand Checkly’s engineering team and build out its platform, according to CEO Hannes Lenke.
– Knowing if web apps and APIs are working continuously is critical for businesses, particularly in light of the pandemic.
– Over the past year, consumer have migrated to online channels, and companies have responded. According to a McKinsey survey, organizations have accelerated the digitization of customer interactions by three to four years.

– Orum, a company that aims to speed up the amount of time it takes to transfer money between banks, announced it has raised $56 million in a Series B round of funding.
– Accel and Canapi Ventures co-led the round, which also included participation from existing backers Bain Capital Ventures, Inspired Capital, Homebrew, Acrew, Primary, Clocktower and Box Group.
– The financing comes barely three months after Orum announced a $21 Series A, and brings its total raised to over $82 million.

– Chainalysis from NYC provides a blockchain data platform that helps government agencies, financial institutions, and exchanges to detect fraud and prevent money laundering.
– The company raised $100m in Series E funding.
– The round was led by Coatue with participation from Benchmark, Accel, Addition, Dragoneer, Durable Capital Partners, 9Yards Capital, Altimeter, Blackstone, GIC, Pictet, Sequoia Heritage and SVB Capital.
– The new investment will be used to hire for hundreds of new positions across all functions to continue its global expansion, as well as develop collaboration tools in its suite of software solutions so that public and private sector teams can work together from the same data set.

– Tonkean, a San Francisco CA-based enterprise business operations company, raised $50m in Series B funding.
– The round was led by Accel with participation from Atlassian co-CEO Scott Farquhar, former Google CEO Eric Schmidt, as well as executives from UiPath, and existing backers Lightspeed Ventures and Foundation Capital.
– The company intends to use the funds to scale up hiring to its engineering and go-to-market teams, and invest further in its no-code orchestration platform for business operations.

– Vercel, a platform to develop, preview and ship websites, from single static pages to apps with billions of dynamic pages, and creator of Next.js, the leading React and JavaScript framework for frontend web development, announced that it has secured $102M in Series C funding in a round led by Bedrock Capital with participation from existing investors Accel, CRV, Geodesic Capital, Greenoaks Capital and GV.
– New investors include 8VC, Flex Capital, GGV, Latacora, Salesforce Ventures and Tiger Global.
– The new funding, which brings the total raised to $163M, will be used to scale the Vercel team globally, accelerate research and development, drive platform innovation and accelerate adoption.

– Lower from New Albany, OH provides a home finance platform that allows customers to deposit money and save for a home, get a mortgage to buy a home, refinance an existing mortgage, and obtain insurance to protect their home.
– The company raised $100m in Series A funding.
– The round was led by Accel and the company intends to use the funds to expand its product line and accelerate its growth, hiring new people.

– Unit, a banking as a service startup, raised $51m in Series B funding.
– The round was led by Accel and joined by Better Tomorrow Ventures, Aleph, Flourish Ventures and TLV Partners.
– The company plans to use the funding to expand its team and product offerings.

– BrowserStack has secured $200m in Series B funding at a $4b valuation.
– The round was led by BOND, with participation from Insight Partners and existing investor Accel.
– BrowserStack is the global category leader in software testing on the cloud, with 50,000+ customers and four million+ developer signups.
– The investment will support BrowserStack’s strategic acquisitions, expansion of its product offerings, and continued scale and growth.
– Companies today need to release software with speed and quality to remain competitive. To do this, companies have to adopt DevOps, test more, and test fast. However, for most companies, testing remains the key bottleneck in the DevOps cycle.

– Sense, the market leader in AI-driven talent engagement and communication platform solutions for recruiting, announced $16m in Series C funding.
– Key investors in this round include Avataar Venture Partners with additional participation from previous investors including Accel and GV.
– The round will accelerate innovation and development of the company’s AI-powered talent communication and engagement suite.
– Sense offers a singular engagement platform powered by AI and machine learning. It enables personalized communication across the entire talent lifecycle at scale, and also automates manual tasks for recruiters.
– Through this personalized approach, Sense customers experience on average; a 263% increase in candidates screened compared to a manual approach, reduced time to fill by 30-81% and up to 800 hours of recruiter time saved.

– Gloat announced a $57M Series C funding round led by Accel, with participation from existing investors Eight Roads Ventures, Intel Capital, Magma Venture Partners, and PICO Partners.
– With total funding of $92M, the company will accelerate product innovation and market expansion as it aims to bring workforce agility to every enterprise and more dynamic careers to every individual.
– Gloat was founded in 2015 by Ben Reuveni, Amichai Schreiber and Danny Shteinberg, with the belief that the traditional approach to work, jobs and careers that has been at the heart of enterprise operations since the industrial revolution is now holding businesses and their people back.

– Time is Ltd. is a productivity analytics startup.
– The company has raised $5.6m in funding.
– The round was led by Chalfen Ventures, with participation from Illuminate Financial Management, Accel, Acequia Capital, Paul Sallaberry, and Ulf Zetterberg.

– Komodor announced a $21m Series A funding round led by Accel, with follow-up angel investments from Jason Warner, CTO of GitHub; Sri Viswanath, CTO of Atlassian; Danny Grander, Co-Founder of Snyk; Tomer Levy, CEO of Logz.io; Amir Jerbi, Co-Founder of Aqua Security and others.
– The company previously raised $4m in seed funding from NFX Capital, Pitango First, and OldSlip Group.
– Komodor is the first platform to streamline Kubernetes troubleshooting by offering a unified view of all events across the entire Kubernetes stack, providing developers, operations, and on-call teams with the context and the actionable insights they need to solve issues efficiently and independently.

– Slintel, a startup providing that kind of data, announced a $20m Series A.
– The company has attracted some big-name investors, with GGV leading the round and Accel, Sequoia and Stellaris also participating.
– The investment brings the total raised to over $24m, including a $4.2m seed round from last November.
– The company plans to grow faster again.

– Aura is a digital security technology company dedicated to creating a safer internet for everyone.
– The company has raised $450m to date from investors including Accel, General Catalyst and WndrCo, in addition to Warburg Pincus.
– The new funding will be used to enhance the customer experience, grow the user base of the new Aura product, accelerate development of new features and implement programs to increase consumer awareness through a national advertising campaign.

– Veri has raised $4m in funding to start shipping its glucose sensor that monitors your blood sugar for preventative health.
– The Helsinki, Finland-based company views itself as a food intelligence company, as its sensor and the accompanying app can help people understand their optimal diet to improve the state of their metabolic health.
– The Veri app is only available on iOS for now.
– The $4m includes Veri’s pre-seed and seed rounds of funding, led by ProFounders.
– Other investors include Lifeline Ventures, Accel, and several angel investors, including Johannes Schildt, CEO of Kry/Livi; and Kristian Ranta, CEO of Meru Health.

– BeReal is a Paris, France- and Andorra-based social media company.
– Company raised $30M in Series A funding.
– The round was led by Andreessen Horowitz, Accel, and DST.
– The new investment will be used to expand operations, development efforts and business reach.

– Truebill is a personal finance app.
– The company raised $45m in Series D funding.
– Accel led the round and joined by Bessemer Venture Partners, Cota Capital, and Eldridge Industries.
– The company plans to expand its platform of financial management tools to give users more visibility and control of their money than before.

– Pyn, an early-stage startup based in Australia, raised $8m in seed funding.
– The round was led by Andreessen Horowitz with help from Accel and Ryan Sanders (the co-founder of BambooHR) and Scott Farquhar (co-founder and co-CEO at Atlassian).
– The startup provides a library of customizable communications materials to help build culture and set policy across an organization.

– Ada Support is a chat bot startup.
– The company raised $130m in funding at a $1.2bn valuation.
– Spark Capital led the round of funding with participation from Tiger Global Management and existing investors including Bessemer Venture Partners, Accel, and FirstMark Capital.
– Ada’s clients include Facebook and Zoom Video.

– Shift Technology is a SaaS provider of AI-driven decision automation and optimization solutions for the global insurance industry.
– The company closed a $220m Series D round of funding.
– The round was led by Advent International, through Advent Tech with participation from Avenir and others.
– Previous Series C participants Accel, Bessemer Venture Partners, General Catalyst, and Iris Capital also joined the round.
– The funding will fuel the company’s execution of its vision to revolutionize the policyholder experience through wide-ranging products that apply AI and advanced data science to key insurance processes.

– Airkit is a low-code Digital Customer Experience platform.
– The company raised $40m in Series B funding.
– EQT Ventures led the round and was joined by Accel, Emergence Capital, Salesforce Ventures, and other existing shareholders.
– The company plans to use the new capital to accelerate the company’s investments in go-to-market and product development.
– Airkit debuted out of stealth mode in October with $28m in funding and has experienced rapid adoption of its low-code Digital Customer Experience (DCX) platform in the 6 months since launch.

– Airbyte, creators of the fastest-growing open source data integration platform, announced that it has raised more than $26 million in Series A funding led by Benchmark, with participation from additional investors including 8VC, Accel, SV Angel, and Y Combinator, as well as Shay Bannon, co-founder and CEO of Elastic, Auren Hoffman, co-founder of LiveRamp, and Dev Ittycheria, CEO of MongoDB.
– Benchmark General Partner Chetan Puttagunta will also be joining the board of directors.
– Airbyte is establishing the new standard of moving and consolidating data from different sources to data warehouses, data lakes, or databases in a process referred to as extract, load, and, when desired, transform (ELT).

– Pioneering BizOps startup Salto announced that it has raised a $42m Series B led by Accel, with significant participation from existing investor Salesforce Ventures, and continued participation from Bessemer Venture Partners and Lightspeed Venture Partners.
– That brings the total funding to $69m to date, following its Series A in October, and underscores the demand for a new way to improve the productivity of SaaS administrators.
– Early customers expressed their need for Salto to extend its software approach and methodology beyond its initially supported SaaS applications – Salesforce, NetSuite and HubSpot. Salto plans to expand its support to a total of 10 applications by the end of 2021.
– With a global view of all SaaS applications, it provides insight long thought impossible.

– Klaviyo, a leading customer data and marketing automation platform, today announced that it has raised a $320 million Series D round of funding.
– The round was led by new investor Sands Capital. Other new investors include Counterpoint Global (Morgan Stanley), Whale Rock Capital Management, ClearBridge Investments, Lone Pine Capital, Owl Rock Capital, Glynn Capital, and Keith Block (former co-CEO of Salesforce), with participation from existing investors Accel and Summit Partners.
– Following the company’s $200 million Series C financing in November 2020, this new financing valued the company at $9.15 billion on a pre-money basis and brings Klaviyo’s total funding to date to over $675 million.

– Styra, Inc., the founder of Open Policy Agent (OPA) and leader in cloud-native authorization, has raised a $40m Series B funding round to continue driving the reinvention of policy and authorization for cloud-native applications.
– The round was led by Battery Ventures with participation from previous investors A. Capital, Unusual Ventures, and Accel, as well as new investors at Capital One Ventures and Citi Ventures.
– With this funding, Dharmesh Thakker, General Partner at Battery Ventures, will be joining the Styra board.
– The round further solidifies its market leadership and provides capital to accelerate its founders’ vision—to create the standard for authorization—which started with OPA.

– Jifflenow, a MAP that helps marketing and sales teams automate the scheduling of business meetings at live and virtual events, has raised $11.9m in a new funding round.
– The funding round was led by software growth equity firm Trousdale Capital with participation from Jifflenow’s existing major investors Accel, Saama Capital, Sequoia Capital.

– Sysdig, Inc. announced a $188m Series F funding round at a valuation of $1.19b.
– The round was led by Premji Invest & Associates and Third Point Ventures, with participation from Accel, Bain Capital Ventures, DFJ Growth, Glynn Capital, Goldman Sachs, Insight Partners, and Next47.
– Robert Schwartz from Third Point Ventures, Sandesh Patnam from Premji Invest & Associates, and Enrique Salem from Bain Capital Ventures have joined its board of directors.
– This round follows strong growth in 2020, a rapidly expanding customer base, a thriving open source community, and a massive growth opportunity with containers and cloud.
– In November 2020, Gartner increased its 2021 public cloud forecast to total $304.9 billion, up from $257.5 billion in 2020. [1]

– Digital healthcare company Kry announced a funding round of over US$300m (€262m) to fuel its European expansion plans.
– The Series D funding round was led by CPP Investments (CPPIB) and Fidelity Management & Research LLC with participation from existing investors, including the Ontario Teachers’ Pension Plan (Ontario Teachers’), Index Ventures, Accel, Creandum and Project A.
Kry will use the investment to scale its platform, building on both its operations as a healthcare provider and its innovative software offerings as well as further geographic expansion. This will bring the benefits of its technology to millions more patients across Europe.

– Causal, a U.K. startup, raised $4.2m seed funding.
– The round was led by Accel and joined by Coatue, Passion Capital, Verissimo Ventures, Naval Ravikant, Varadh Jain and others.
– The company plans to use the funding to grow the engineering team and launch on Product Hunt next month.

– ConductorOne is a startup that helps companies manage cloud app permissions.
– The company raised $5m in seed funding.
– The round was led by Accel and joined by Fuel Capital, Fathom Capital and Active Capital.

– CaptivateIQ today announced that it raised $45m in series B financing led by Accel.
– The company says it plans to use the funding to expand its reach, as well as to develop AI technologies that benefit sales planning and other parts of the business connected to sales.
– Management processes around commission programs can be both rigid and expensive. In fact, sales compensation represents the single largest investment for most business-to-business companies. U.S.-based enterprises alone spend over $800bn on it each year, in aggregate — three times more than what they spend on advertising.
– CaptivateIQ, which launched in 2017 as part of Y Combinator’s 2018 winter cohort, claims to automate commission workflows using AI.

– Holler, a conversational media company, raised $36m in Series B funding.
– The round was led by Lightspeed Venture Partners and joined by existing investors including Accel, First Round Capital, and General Catalyst.
– The company plans to use the funding to expand its team and continue to build out its technology platform.

– Productiv, a Palo Alto, CA-based provider of a SaaS management platform, closed a $45M Series C funding.
– The round was led by IVP with participation from existing investors Accel, Norwest Venture Partners, Okta Ventures, and new strategic investor Atlassian Ventures.
– The new investment will be used to continue to expand operations and its business reach.

– Bevy has raised $40m at a $325m valuation to grow its platform for staging virtual events for enterprises.
– And it has also broken a diversity barrier by bringing 25 Black leaders on as investors.
– Palo Alto, California-based Bevy helps enterprises build, grow, and scale their global customer communities using its platform for virtual, in-person, and hybrid digital-physical events.
– The funding came from Accel Partners, LinkedIn, Qualtrics cofounder Ryan Smith, and Upfront Ventures.
– About 70% of the individuals participating in the round — representing 20% of total funds raised — are Black investors, including diversity pioneer James Lowry, Facebook board member Peggy Alford, and Beats by Dre marketing exec Omar Johnson.