– Meru Health is a startup that aims to solve a number of the challenges associated with getting access to quality mental health care.
– The company has raised $38m in Series B funding.
– Industry Ventures led the $30m equity part.
– Early backers Bold Capital Partners, Foundry Group, Freestyle VC, FMZ Ventures and Leksell Social Ventures also participated in the equity financing, while J.P. Morgan funded the debt portion of the round.

– Code Climate announced $50M in Series C funding.
– The round was led by PSG and joined by previous investors Union Square Ventures, Foundry Group, Lerer Hippeau Ventures, and NextView Ventures.
– Code Climate’s Engineering Intelligence products are trusted by over 1,000 companies from start-ups to enterprises.
– Code Climate experienced continued strong growth, more than doubled its headcount, and brought on an experienced executive leadership team.
– Funding will help Code Climate advance its product vision, extend its sales reach, and scale customer success – furthering its mission of helping engineering align activities with strategic priorities, deliver high quality software, and improve team performance.

– HiHello, a Palo Alto CA-based digital business card platform, raised $7.5M in Series A funding.
– The round was led by Foundry Group, with participation from Lux Capital, August Capital, Manu Kumar (Co-founder and Chief Executive Officer of HiHello), and the co-founders of Lyft, Everlaw, Auth0, Path/June, and Military.com.
– The company intends to use the funds to continue to grow its team and expand its business platform to support companies of all sizes.

– Suzy, a NYC-based market research software platform, closed a $50m Series D funding.
– The round was led by H.I.G. Growth Partners and joined by existing investors Rho Capital Partners, Bertelsmann Digital Media Investments, Foundry Group, Triangle Peak Partners, and North Atlantic Capital.
– The company intends to use the funds to bolster its product offerings, grow its proprietary consumer panel, expand rollout internationally and to new industry verticals, and invest in further accelerating sales and marketing efforts.

– Dibbs, the only real-time fractional sports card marketplace, announced its $13m Series A financing round led by Foundry Group.
– Tusk Venture Partners, Courtside Ventures, and Founder Collective also participated in the round, as did a syndicate of superstar athletes, including Chris Paul, Channing Frye, DeAndre Hopkins, Kevin Love, Kris Bryant, and Skylar Diggins-Smith.
– Following a closed beta that kicked off in March of 2021, the Dibbs platform recently became available to all US-based users across iOS, Android, and the web.
– Dibbs enables fans to buy and sell fractions of sports cards, in real-time.

– Dwolla is a Des Moines, Iowa-based modern payments platform provider.
– Company raised $21m in funding.
– The round was led by Foundry Group with participation from Park West Asset Management LLC, Union Square Ventures, Detroit Venture Partners, Firebrand Ventures and Next Level Ventures, and Jeremy Andrus, CEO of Traeger.
– The new investment will be used to conduct growth initiatives with international payments, expansive partner relationships through a partner API and further accelerate its product roadmap focused on a real-time payments experience.

– Gig Wage provides a FinTech payroll platform which enables employers to instantly pay 1099 workers while offering independent contractors an efficient way to receive payments.
– The company has raised $16.45m to-date from Green Dot Corporation (NYSE: GDOT), Silicon Valley Bank, Foundry Group, Continental Investors, Techstars, Revolution’s Rise of the Rest Seed Fund and more.
– Gig Wage also announced the addition of Clarisa Lindenmeyer as Chief of Staff to the CEO and Chief Brand Officer.

– Mandolin, the tech-focused digital fan engagement company, has closed a $12m Series A funding round.
– The financing round was co-led by 645 Ventures and Foundry Group, with returning investments from High Alpha and Marc Benioff’s TIME Ventures as well.
– Mandolin helps artists and venues create connections with fans and prosper through the music they produce.

– The Pro’s Closet, a Boulder-based destination for Certified Pre-Owned bikes, e-bikes, and components, closed a $40m Series B funding round.
– The round was led by The Chernin Group with participation from existing investors Foundry Group, Edison Partners, and Ridgeline.
– The company intends to use the funds to grow operations and technology teams, expand its teams of bike experts, and facilitate physical expansion to new markets.

– Inscribe, a company that detects more than $40M in fraudulent documents per month, announced it has raised $10.5M in Series A funding co-led by Uncork Capital, Foundry Group, and Crosslink Capital, with participation from Y Combinator.
– Inscribe, which works with fintech lenders, banks, and payment processors including BlueVine, Credito Real and Amount, along with numerous Fortune 500s, has experienced 12x growth year over year, as it has been used to help identify fraud within high-trust online applications such as lending and account openings.

– Section closed $12m Series B funding.
– The financing round was led by Lumen Technologies, with additional participation from existing investors Foundry Group and Next Frontier Capital, and new investor Andreas Family Office.
– This latest influx of investment signals strong confidence in Section’s position within the potential $800 billion edge computing ecosystem.
– With this round of funding Section will continue to vigorously and deliberately pursue its mission by investing in their team and revolutionary Edge as a Service platform.

– Spekit raised $12.2M in a Series A round.
– The round was led by Foundry Group and Renegade Partners, with participation from Operator Collective, Matchstick Ventures and Bonfire Ventures.
– The company has raised a total of $15.7M.
– Spekit is one of only three women-led companies in the broader digital adoption, enablement and Learning Management System (LMS) space.
– The company is tackling two of the biggest barriers to growth in today’s SaaS-driven, remote work environment: driving the adoption of constantly evolving technology and empowering increasingly dispersed employees with the knowledge they need to be productive and successful in their roles.