– Centivo, a new health plan for self-funded employers that is anchored around leading providers of value-based care, announced today that it has raised an additional $51 million in funding.
– B Capital Group, a leading global technology investor, and Maverick co-led the round.
– Additional existing investors, including Bain Capital Ventures, Company Ventures, Define Ventures, F-Prime Capital, HarbourVest Partners, Ingleside Investors, Nassau Street Ventures, an AVG fund and various individuals also participated.
– These funds will support Centivo’s rapid growth and expansion amid increased demand from employers for health plans that are structurally built to address employee healthcare affordability.

– Ribbon, the homeownership company, announces today it has secured $150 million, inclusive of $75 million in Series C equity financing and $75 million in additional working capital.
– The Series C was led by Greenspring Associates, with participation from existing investors Greylock, Bain Capital Ventures, NFX, Nyca, Thomvest and Jake Seid.
– This investment will enable more than $10 billion in home transactions annually, and fuel Ribbon’s swift expansion into new states.

– Wisetack is a San Francisco, CA-based technology company that brings buy now, pay later to in-person services like home and auto repair.
– Company raised $45M in Series B funding.
– The round was led by Insight Partners, with participation from existing investors Greylock Partners and Bain Capital Ventures.
– The new investment will be used to accelerate the company’s growth, including supporting further expansion into verticals such as auto repair, elective medical, dental and veterinary, legal services, and more.

– Felt, a collaborative software company, raised $4.5m in funding.
– The round was led by Bain Capital Ventures and joined by Designer Fund, Allison Pickens, Akshay Kothari (COO of Notion), Dylan Field (CEO of Figma) John Lily (former CEO of Firefox), Julia and Kevin Hartz, and Keval Desai.
– The company plans to use the funding to grow its fully distributed six-person team to bring on more front-end, back-end and product engineers, as well as product and brand designers.
– Felt allows users to build a map with data sets integrated into it.

– Homebase announced its $71m Series C funding round to expand its products and services.
– With $109m in total funding to date, Homebase is also launching new innovative tools for HR and payroll that broaden its offering for small business owners and accelerate the company’s growth and expansion.
– This funding round was led by new investor, GGV Capital, and includes existing investors Bain Capital Ventures, Baseline Ventures, Bedrock Capital, Cowboy Ventures, and Khosla Ventures, and additional investor PLUS Capital.

– Hightouch from San Francisco is a Reverse ETL software company.
– The company raised $12.1m in Series A funding.
– The round was led by Amplify Partners, with participation from new investor Bain Capital Ventures and returning investors Y Combinator and Afore Capital, as well as angel investors such as the founders and CEOs of companies like Datadog, Clearbit, Okta, Segment, Materialize, Pendo, and mParticle.
– The new investment will be used for product development and innovations that will empower less technical business teams to leverage data in the tools they use every day.

– Pleo is a Danish born provider of expense management tool and smart company cards.
– Company raised $150M in Series C funding.
– The round was co-led by Bain Capital Ventures and Thrive Capital with contributions from Creandum, Kinnevik, Founders, Stripes and Seedcamp.
– The company intends to use the funds to expand its solution across Europe, growing its customer base, invest in its team, which currently stands at 330 people, while iterating its product offering.

– ShipBob, a provider of cloud-based logistics solutions for small and medium-sized businesses, announced $200m in funding.
– The funding was led by Bain Capital Ventures with participation from prior investors including SoftBank, Menlo Ventures, Hyde Park Venture Partners, Hyde Park Angels and Silicon Valley Bank.
– ShipBob is designed for small and medium-sized ecommerce businesses, providing them with world-class fulfillment capabilities.

– Augtera Networks, the industry-first Network AI platform purpose built for modern enterprise multi-cloud networks, launched with $13M in a Series A round led by Intel Capital, with participation from Dell Technologies Capital, and return investors Bain Capital Ventures and Acrew Capital.
– Already deployed in large scale production networks of Fortune 500 and global companies including Orange and Colt Technologies and collaborating with Dell Technologies, Augtera is reimagining network performance and management using its optimized AI algorithms to provide proactive visibility, prevent network incidents, and dramatically reduce resolution times.
– This financing brings total capital raised to $18M and Nick Washburn, Senior Managing Director and Chief Operating Officer at Intel Capital, joins Enrique Salem, Partner at Bain Capital Ventures, on Augtera’s board.

– 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.

– French startup Ankorstore has raised $102m funding.
– Tiger Global and Bain Capital Ventures are leading the funding round with existing investors Index Ventures, GFC, Alven and Aglaé also participating.
– The company is building a wholesale marketplace for independent shop owners.

– 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]

– Crusoe Energy Systems from San Francisco has closed a $128m Series B equity financing led by Valor Equity Partners.
– Lowercarbon Capital, DRW Venture Capital, Founders Fund, Bain Capital Ventures, Coinbase Ventures, Polychain Capital, KCK Group, Upper90, Winklevoss Capital, Exor, Zigg Capital and JB Straubel participated.
– The company provides solutions for the energy industry.

– HYCU, a company developing data backup and recovery solutions for enterprises, today announced that it closed a $87.5 million series A funding round led by Bain Capital Ventures.
– With the introduction of HYCU Protégé, a disaster recovery solution for enterprise apps, HYCU says it will use the funding to expand and grow its app, public cloud, and software-as-a-service-based innovations as well as hire aggressively in Boston and North America to meet growth goals.
– There are few catastrophes more disruptive to an enterprise than data loss, and the causes are unfortunately myriad. In a recent survey of IT professionals, about a third pegged the blame on hardware or system failure, while 29% said their companies lost data because of human error or ransomware.

– Hi Marley, creators of the only intelligent communication platform built for the insurance industry by people who know insurance, today announced the company has closed a $25m Series B financing round.
– The investment was led by Emergence Capital, with Founder and General Partner Gordon Ritter taking a seat on Hi Marley’s Board.
– Returning firms Underscore, True Ventures, Bain Capital Ventures and Greenspring also participated in the round, along with additional investors including Brewer Lane Ventures.
– Hi Marley makes it simple for insurance carriers to seamlessly communicate with policyholders via text to increase transparency and cut through inefficiencies.
– By providing a smart SMS platform purpose-built for the insurance industry, inside of which the entire ecosystem of service providers can communicate, carriers delight customers, achieve faster time to resolution, and see financial results.

– BlockFi completed its series D fundraising round, which was led by new investors including Bain Capital Ventures, partners of DST Global, Pomp Investments, and Tiger Global.
– The $350m round follows three prior rounds totaling $100m within the last two years.
– The company’s series D round values the company at $3b and will enable further innovation in the product suite, accelerate expansion into new markets, and provide capital for select acquisition opportunities.
– BlockFi has added multiple senior executives and announced a number of retail and institutional investor-focused products and initiatives, including: a Bitcoin Rewards Credit Card; the BlockFi Bitcoin Trust; an OTC trading desk; and Private Client Services in Asia.

– Clari, a revenue operations platform, raised $150m in Series E funding.
– The round was led by Silver Lake and joined by B Capital Group and existing investors Sequoia Capital, Bain Capital Ventures, Sapphire Ventures, Madrona Ventures, Thomvest and Tenaya Capital.
– The company reports it has now raised a total of $285m.
– The company plans to double its employee headcount by the end of 2021.

– EarnUp, a payments platform that intelligently automates loan payments and identifies earning opportunities for the 200 million indebted Americans, has raised a $25M Series B fundraising round led by Bain Capital Ventures.
– Homeowners struggling to pay their monthly mortgage often damage their financial health by waiting too long to initiate a forbearance, modification, or workout solution with their lender or servicer.
– The company will use the funding to expand its GetAhead platform.

– Wisetack, a technology company that brings buy now, pay later to in-person services like home and auto repair, announced $19M in total funding from Greylock, Bain Capital Ventures and others.
– Through its suite of APIs, Wisetack embeds financing options into software platforms that thousands of businesses already use in their day-to-day operations.
– With Wisetack, in-person businesses can offer financing to consumers in minutes, while consumers can pay over time for purchases without surprises or unexpected fees.
– Wisetack was founded by Bobby Tzekin (CEO), Kolya Klymenko (CTO) and Liz O’Donnell (COO), a group of experienced operators and technologists in payments and lending from companies like PayPal and Lending Club.

– StorageOS from London develops a cloud native storage management platform to strengthen the cloud native storage industry.
– Series B $10m round brings company valuation to more than $50m.
– The round was led by Downing Ventures with participation from Bain Capital Ventures, Uncorrelated Ventures and MMC Ventures and new investor Chestnut Street Ventures.
– The new investment will be aimed at scaling the company’s sales and customer facing technology teams.

– Reprise, a software demo platform for enterprise sales and marketing teams, today announced that it has raised $17 million in a series A round led by Bain Capital Ventures.
– Reprise says the funds, which follow a $3 million seed investment, will be put toward expanding its platform and hiring new employees.
– With companies using their products as the primary vehicle for acquiring new customers, there’s a critical need for full-featured and dynamic product demos.
– According to Animoto, 73% more website visitors who watch product videos make a purchase.
– But creating demos tailored to a specific customer or industry can be complex.
– Boston, Massachusetts-based Reprise, which emerged from stealth last November, allows customers to capture the frontend of their software app, modify it as necessary, and host it as a functional experience for their prospects.