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Awardco Raises $65M in Series A Funding
Awardco Raises $65M in Series A Funding
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Awardco Raises $65M in Series A Funding

- Awardco, a Provo, Utah-based employee rewards and recognition company that builds culture through value-driven recognition, raised $65m in Series A funding. - This round, which brought Awardco’s valuation to more than $900m, was led by General Catalyst and Ryan Smith, Qualtrics co-founder and Utah Jazz majority owner. - The new investment will be used to scale Awardco’s product offerings and features.

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B12 raises $15.7M to become the Shopify for professional services firms
B12 raises $15.7M to become the Shopify for professional services firms
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B12 raises $15.7M to become the Shopify for professional services firms

– B12, a startup that is focused on helping those smaller professional service organizations such as law and accounting firms or mortgage brokerages more easily accept online payments and build a digital presence in general, announced it has raised $15.7m in funding led by Tola Capital.
Breyer Capital, General Catalyst, Naval Ravikant and others also put money in the round, which brings B12’s total funding to $28.1m.

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Zerigo Health Raises $43 Million in Series B Funding to Drive Adoption of the Industry’s Only Connected Light Therapy Solution to Treat Chronic Skin Conditions
Zerigo Health Raises $43 Million in Series B Funding to Drive Adoption of the Industry’s Only Connected Light Therapy Solution to Treat Chronic Skin Conditions
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Zerigo Health Raises $43 Million in Series B Funding to Drive Adoption of the Industry’s Only Connected Light Therapy Solution to Treat Chronic Skin Conditions

– Zerigo Health announced a $43m Series B investment led by 7wireVentures, joined by General Catalyst, Dragoneer, Cigna Ventures, Leverage Health Solutions, and Leaps by Bayer.
– The round also included participation by existing investors including SV Health Investors, H.I.G. Capital, and Bluestem Capital.
– This round will allow Zerigo Health to respond to the increasing demand for its innovative connected chronic skin condition solution for the over 40 million Americans living with psoriasis, vitiligo, and eczema.
– Glen Tullman, Managing Partner of 7wireVentures, former Founder and CEO of Livongo, and Chief Executive Officer of Transcarent, will join as Executive Chairman of the company’s Board of Directors.

Source
Rossum raises record $100 million Series A from General Catalyst to reinvent B2B document communication
Rossum raises record $100 million Series A from General Catalyst to reinvent B2B document communication
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Rossum raises record $100 million Series A from General Catalyst to reinvent B2B document communication

– Rossum, the artificial intelligence company that is re-inventing the way businesses send documents to each other, has raised $100m from one of the US’s best known funds, General Catalyst in what is Eastern Europe’s largest ever Series A.
– Previous investors, including LocalGlobe, Seedcamp, Miton and Elad Gil are participating, as Rossum looks to capitalise on surging corporate demand for automation in business processes.
– Having rapidly secured market leadership in document AI technology and become the go-to software for many of Europe’s biggest companies, Rossum is creating a universal document gateway designed to help the corporate world move faster and complete transactions in minutes not weeks.

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TripleBlind secures $24M for a new approach to enterprise-level, privacy-preserving data sharing
TripleBlind secures $24M for a new approach to enterprise-level, privacy-preserving data sharing
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TripleBlind secures $24M for a new approach to enterprise-level, privacy-preserving data sharing

– TripleBlind, a startup that has devised a way to encrypt data so that it can be shared without ever being decrypted or even leaving the data owner’s firewall, and keeping the whole process compliant with data protection regulations, raised $24m in Series A funding.
– The round was co-led by General Catalyst and the Mayo Clinic, with AVG Basecamp Fund, Accenture Ventures, Clocktower Technology Ventures, Dolby Family Ventures, Flyover Capital, KCRise Fund, NextGen Venture Partners and Wavemaker Three-Sixty Health also participating.
– The company estimates there are some 43 zetabytes of data stored by enterprises today globally that is not being used as it could be because of the limitations imposed both by these and other data protection rules, as well as general hesitancy over sharing IP and other issues around sharing data.

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Mexico’s Kavak drives away with $700M in new funding, doubling its valuation to $8.7B
Mexico’s Kavak drives away with $700M in new funding, doubling its valuation to $8.7B
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Mexico’s Kavak drives away with $700M in new funding, doubling its valuation to $8.7B

– Kavak, a Mexico City-based startup that operates a pre-owned car marketplace in Latin America, announced that it has raised a massive $700 million in a Series E round that more than doubles the company’s valuation to $8.7 billion.
– Cambridge, Massachusetts-based General Catalyst led Kavak’s Series E, which brings the company’s total raised to over $1.5 billion since its 2016 inception.
Tiger Global, Spruce House, D1, SEA, Founders Fund, Ribbit Capital, SoftBank and others also participated in the latest financing.

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Almanac Raises $34 Million in Series A Funding Led by Tiger Global
Almanac Raises $34 Million in Series A Funding Led by Tiger Global
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Almanac Raises $34 Million in Series A Funding Led by Tiger Global

– Almanac announced the close of a $34m Series A financing round led by Tiger Global.
– The round was joined by Floodgate Fund, General Catalyst, and 50 leading technology operators, including Joshua Reeves, Ryan Caldbeck, Alex MacCaw, Zack Kanter, Jack Altman, Leore Avidar, and Dennis Crowley.
– Demand for Almanac’s operating system for remote work skyrocketed this year as COVID-19 forced rapid, widespread adoption of tools designed for remote and distributed teams.
– The investment will enable Almanac to continue providing best-in-class support and services for its fast-growing customer base, including leading remote companies like IRL and Remote. In addition, Almanac will advance technology and interoperability to deliver the most user-friendly operating system on the market.

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Fivetran to Acquire HVR; Announces $565 Million in Series D Funding
Fivetran to Acquire HVR; Announces $565 Million in Series D Funding
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Fivetran to Acquire HVR; Announces $565 Million in Series D Funding

– Fivetran, the leading provider of automated data integration, announced it has entered into a definitive agreement to acquire HVR, a leading provider of enterprise data replication technology.
– The acquisition will allow Fivetran to provide breakthrough database replication performance along with enterprise-grade security to address the massive market for modernizing analytics for operational data associated with ERP systems, Oracle databases, and more.
– Fivetran also announced it has raised a $565 million Series D round, consisting of new and existing investors. Andreessen Horowitz (a16z) led the round with participation from existing investors General Catalyst, CEAS Investments, Matrix Partners, and others, along with new investors ICONIQ Capital, D1 Capital Partners and YC Continuity. Fivetran has raised $730 million to date. The company is now valued at $5.6 billion.

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Melio Raises $250M To Fuel Expansion Of Its B2B Payments Platform And Forge New Partnerships, Tripling Valuation To $4B
Melio Raises $250M To Fuel Expansion Of Its B2B Payments Platform And Forge New Partnerships, Tripling Valuation To $4B
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Melio Raises $250M To Fuel Expansion Of Its B2B Payments Platform And Forge New Partnerships, Tripling Valuation To $4B

– 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.

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Beauty Pie, an online buyers’ club, picks up $100M to boost its beauty and wellness business
Beauty Pie, an online buyers’ club, picks up $100M to boost its beauty and wellness business
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Beauty Pie, an online buyers’ club, picks up $100M to boost its beauty and wellness business

– Beauty Pie, a beauty startup, raised $100m in Series B funding.
– The round was led by Index Ventures and Insight Partners, with previous backers Balderton Capital, General Catalyst and Latitude VC also participating.
– Beauty Pie, founded in 2016, has now raised $170m to date.

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Aviatrix Raises $200M in Series E Funding
Aviatrix Raises $200M in Series E Funding
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Aviatrix Raises $200M in Series E Funding

– Aviatrix from Santa Clara provides cloud networking and security software for enterprises.
– The company raised $200m in Series E funding.
– The round was led by TCV with participation from new investors Insight Partners and Tiger Global, and existing investors CRV, Formation 8, General Catalyst, Greenspring Associates, Ignition, Liberty Global Ventures, Meritech Capital and TrueBridge Capital Partners.
– The new investment will be aimed at scaling the worldwide sales and support operations.

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General Catalyst, Abstract back Wanderlog’s $1.5M round for collaborative travel
General Catalyst, Abstract back Wanderlog’s $1.5M round for collaborative travel
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General Catalyst, Abstract back Wanderlog’s $1.5M round for collaborative travel

– Wanderlog, a travel itinerary maker and road trip planner, raised $1.5m in seed funding.
– The round was led by General Catalyst and Abstract Ventures.
– The company plans to use the new funding to expand its web and mobile app features, including offering restaurant recommendations, based on Google and Yelp reviews, for those who don’t want to do a bunch of searching and reading reviews.
– The founders declined to share growth metrics, but said the platform is already facilitating thousands of trips per week.
– Customers are already sharing with the founders that the app is good for communication among a large group, where everyone can see what the plans are and discuss them.

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Osana Salud raises $20M to build API-connected infrastructure for the LatAm healthcare industry
Osana Salud raises $20M to build API-connected infrastructure for the LatAm healthcare industry
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Osana Salud raises $20M to build API-connected infrastructure for the LatAm healthcare industry

– Osana Salud, a healthcare startup, raised $20m in Series A funding.
– The round was led by General Catalyst and joined by Quiet Capital, Preface Ventures, FJ Labs, AforeVC and K50 Ventures.
– The company plans to use the funding to expand its team and build out its platform.

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Eight Sleep Raises $86M Series C to Scale Sleep Fitness Movement
Eight Sleep Raises $86M Series C to Scale Sleep Fitness Movement
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Eight Sleep Raises $86M Series C to Scale Sleep Fitness Movement

– Eight Sleep, the world’s first sleep fitness company, announced it has closed $86M in Series C funding led by Valor Equity Partners, with participation from other funds, including SoftBank, Khosla Ventures, Founders Fund, and General Catalyst.
– Antonio Gracias, Valor’s Founder, CEO, and CIO, joined the Eight Sleep Board. Mr. Gracias sits on the boards of Tesla, SpaceX, and K Health and has led investments in other highly disruptive companies, including Bird, Reddit, and Uber.

Source
Origin Secures $56M in Series B Funding at $400M Valuation to Support Employee Financial Health on a Global Scale
Origin Secures $56M in Series B Funding at $400M Valuation to Support Employee Financial Health on a Global Scale
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Origin Secures $56M in Series B Funding at $400M Valuation to Support Employee Financial Health on a Global Scale

– Origin, the comprehensive employee financial wellness platform, announced it has raised $56m in Series B funding led by Dick Costolo and Adam Bain’s 01A, General Catalyst and Lachy Groom, with participation from existing investors Founders Fund, Felicis Ventures and Abstract Ventures, bringing its valuation to $400m.
– This funding round will fuel Origin’s customer expansion and new product innovation, following a massive uptick in demand for financial planning benefits as the pandemic increased financial stress for employees.
– Since the COVID-19 pandemic began, 63% of employees reported their financial stress has increased, and more than 80% want advice or validation for their financial decisions.
– To build a happy, healthy, productive and loyal workforce, employers need to provide benefits that truly alleviate the biggest burden on their mental health — finances.

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Vannevar Labs Raises $12M in Series A Funding
Vannevar Labs Raises $12M in Series A Funding
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Vannevar Labs Raises $12M in Series A Funding

– Vannevar Labs is a Palo Alto, CA-based provider of technology to solve critical national security problems.
– The company raised $12M in Series A funding.
– The round was co-led by Costanoa Ventures and Point72 Ventures with participation from General Catalyst.
– The company plans to use this latest funding to nearly double the team and invest in new product development.

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Tango dances in with $5.7M, making employee onboarding easier
Tango dances in with $5.7M, making employee onboarding easier
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Tango dances in with $5.7M, making employee onboarding easier

– Tango, a Chrome extension that auto-captures workflow best practices so that teams can learn from their top performers, raised $5.7m in seed funding.
– The round was led by Wing Venture Capital and joined by General Catalyst, Global Silicon Valley, Outsiders Fund and Red Sea Ventures.
– A group of angel investors also joined, including former Yelp executive Michael Stoppelman, former Uber head of data Jai Ranganathan, KeepTruckin CEO Shoaib Makani and Awesome People Ventures’ Julia Lipton.
– Tango is designed to help employees, particularly in customer success and sales enablement, get back as much as 20% of their workweek spent searching for that one piece of information or tracking down the right colleague to assist with a task.
– The company now has 13 employees.

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MobileCoin Raises $66m To Scale Its Simple, Safe, And Fast Payment Technology
MobileCoin Raises $66m To Scale Its Simple, Safe, And Fast Payment Technology
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MobileCoin Raises $66m To Scale Its Simple, Safe, And Fast Payment Technology

– MobileCoin, a safe and easy digital payments ecosystem, today announced the closing of its $66m Series B to further develop MobileCoin technology.
– The round was led by Alameda Research, Berggruen Holdings, BlockTower Capital, Coinbase Ventures, General Catalyst, Marc Benioff’s TIME Ventures, and Vy Capital.
– This round will be used to further develop MobileCoin’s products, including MOBot, the first cryptocurrency chatbot payment system, the company’s Merchant Services buildout, and the rollout of its initial stablecoin, whose value will stay constant with the US dollar.

Source
Saturn Raises $44M in Funding
Saturn Raises $44M in Funding
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Saturn Raises $44M in Funding

– Saturn, a NYC-based community-centric social platform built around the calendar, raised more than $44m in funding.
– Backers included General Catalyst, Insight Partners, and Coatue, as well as Bezos Expeditions (the personal investment company of Jeff Bezos), Marc Benioff (CEO and founder of Salesforce), Dara Khosrowshahi (CEO of Uber), Dick Costolo and Adam Bain’s 01 Advisors (former CEO and COO of Twitter), Mike Vernal (Partner at Sequoia Capital), Robert Downey Jr., Inspired Capital, WndrCo, Elad Gil, Ashton Kutcher and Guy Oseary’s Sound Ventures, SV Angel, Jerry Murdock (co-founder of Insight Partners), Hadi Partovi, Neo (Ali Partovi’s Venture Fund), Dylan Field (CEO and co-founder of Figma), and TQ Ventures.
– The company will use the funding to grow its engineering and product teams, and to accelerate expansion.

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Hopin Raises $450 Million to Accelerate Platform Expansion and Continue to Build the Future of Experiences
Hopin Raises $450 Million to Accelerate Platform Expansion and Continue to Build the Future of Experiences
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Hopin Raises $450 Million to Accelerate Platform Expansion and Continue to Build the Future of Experiences

– Hopin, the leading shared experiences platform that enables immersive and interactive connection from anywhere, announced it has raised $450m in Series D funding co-led by new investors Arena Holdings and Altimeter Capital with participation from new investors Adams Street Partners, Untitled Investments and XN in addition to existing investors Andreessen Horowitz, DFJ Growth, General Catalyst, GIC, IVP, Northzone, Salesforce Ventures, Slack Fund, Temasek and Tiger Global.
– Since February of 2020, Hopin has raised more than $1b.
– Hopin will use this capital to accelerate growth to further scale the platform and invest in the development of its multi-product platform technologies, including building new product suites.

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Rapyd Raises $300 Million Series E to Further Enhance its Fintech as a Service Offering Amidst Unprecedented Global Adoption of Embedded Finance
Rapyd Raises $300 Million Series E to Further Enhance its Fintech as a Service Offering Amidst Unprecedented Global Adoption of Embedded Finance
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Rapyd Raises $300 Million Series E to Further Enhance its Fintech as a Service Offering Amidst Unprecedented Global Adoption of Embedded Finance

– Rapyd received a $300m Series E funding round led by Target Global.
– The round was joined by several new investors including funds managed by Fidelity Management and Research Company, Altimeter Capital, Whale Rock Capital, BlackRock Funds, and Dragoneer, along with participation from existing investors: General Catalyst, Latitude, Durable Capital Partners, Tal Capital, Avid Ventures, and Spark Capital.
– Rapyd plans to use the funding to make several more strategic acquisitions to both support expansion in key markets and grow payment products and experiences. This will increase the scale of Rapyd’s platform not just across geographies, but also across verticals and solutions.

Source
Rakuten Medical Closes $166M in Series D Funding
Rakuten Medical Closes $166M in Series D Funding
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Rakuten Medical Closes $166M in Series D Funding

– Rakuten Medical from San Mateo is developing and commercializing innovative oncology products for multiple indications.
– The company raised $166m in Series D funding.
– The round was led by General Catalyst with additional participation from existing investors, including Rakuten Group and SBI Group.
– The new investment will be used to advance ongoing trials of ASP-1929 in several oncologic indications and research and development of additional pipeline therapies being developed using the Illuminox™ platform.

Source
SonderMind Raises $150M in Series C Funding
SonderMind Raises $150M in Series C Funding
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SonderMind Raises $150M in Series C Funding

– SonderMind Inc. from Denver, CO develops behavioral health technology to improve mental health clinical outcomes.
– Company closed $150m Series C financing.
– The round was co-led by new investors Drive Capital and Premji Invest with participation from General Catalyst, Partners Group, Smash Ventures, Kickstart Fund, F-Prime Capital, Founders Circle Capital, Zoma Foundation and FCA Venture Partners.
– The new investment will be used to accelerate the company’s expansion into all 50 states.

Source
Octane AI Raises $5M in Funding
Octane AI Raises $5M in Funding
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Octane AI Raises $5M in Funding

– Octane AI from San Francisco develops a data marketing platform to help ecommerce marketers collect zero-party data and power a personalized customer journey.
– The company raised $5m in funding.
– The round was led by Javelin Venture Partners with participation from existing investors Bullpen Capital, General Catalyst and Boost VC.
– In conjunction with the funding, the company added Alex Gurevich, Managing Director at Javelin Venture Partners, as a Board Observer, Alex Gurevich (a different one) as new VP of Finance and Operations, and Vincent Silvey as VP of Engineering.

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Titan, a platform aimed at the ‘everyday investor,’ valued at $450M as a16z leads $58M Series B
Titan, a platform aimed at the ‘everyday investor,’ valued at $450M as a16z leads $58M Series B
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Titan, a platform aimed at the ‘everyday investor,’ valued at $450M as a16z leads $58M Series B

– Titan, a startup that is building a retail investment management platform aimed at the new generation of “everyday investors,” has closed on $58m in a Series B round led by Andreessen Horowitz.
– The financing comes just over five months after Titan raised $12.5m in a Series A round led by General Catalyst, and brings the startup’s total raised since its 2017 inception to $75m. It values the company at $450m.
General Catalyst also put money in the Series B round, along with BoxGroup, Ashton Kutcher’s Sound Ventures and a group of professional athletes and celebrities including Odell Beckham Jr., Kevin Durant, Jared Leto and Will Smith.

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Julia Computing Raises $24M in Series A
Julia Computing Raises $24M in Series A
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Julia Computing Raises $24M in Series A

– Julia Computing from San Francisco has completed a $24M Series A fundraising round.
Dorilton Ventures, with participation from Menlo Ventures, General Catalyst and HighSage Ventures, led the round.
– The company provides scalable enterprise computing solutions through its JuliaHub platform.

Source
OM1 Raises $85M in Funding
OM1 Raises $85M in Funding
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OM1 Raises $85M in Funding

– OM1, a Boston MA-based health technology company, raised $85M in funding.
– The round was led by D1 Capital Partners, Kaiser Permanente, and Breyer Capital with participation from General Catalyst (GC), Polaris Partners, Scale Venture Partners, 7wire Ventures, and Glikvest.
– The new investment will be used to expand its real-world data cloud, clinical registries, and AI platform for real-world evidence and personalized medicine.

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Evvy Raises $5M in Seed Funding
Evvy Raises $5M in Seed Funding
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Evvy Raises $5M in Seed Funding

– Evvy is a New York, NY-based female-founded startup that aims to build a new understanding of the female body.
– The company launched with $5m in seed funding.
– Backers include General Catalyst, Box Group, Virtue, Human Ventures, G9 Ventures, BBG Ventures, and others.
– Evvy plans to use the funds to continue to expand operations, its development efforts and business reach.

Source
Remote Raises $150M in Series B Funding
Remote Raises $150M in Series B Funding
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Remote Raises $150M in Series B Funding

– Remote, a NYC-based HR tech platform and provider of global employer of record services and international contractor management, raised $150m in Series B funding.
– The round was led by Accel with participation from existing investors including Sequoia, Index Ventures, Two Sigma, General Catalyst and Day One Ventures.
– The company intends to use the funds to expand their advisory services to include guidance on global benefits, equity incentive planning, visa and immigration support, employee relocation, and more.

Source
Aidoc Raises $66M in Series C Funding
Aidoc Raises $66M in Series C Funding
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Aidoc Raises $66M in Series C Funding

– Aidoc, a Tel Aviv, Israel-based AI for medical imaging company, raised $66M in Series C funding.
– The round was led by General Catalyst.
– The company intends to use the fund to expand operations and its business reach.

Source
Mark43 Raises $101M in Series E Funding
Mark43 Raises $101M in Series E Funding
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Mark43 Raises $101M in Series E Funding

– Mark43 from New York provides a public safety CAD, RMS, analytics, and property and evidence platform.
– The company raised $101m in Series E funding.
– The round was led by The Spruce House Partnership and Tiger Global Management with participation from Radcliff Companies, Australia’s 29th Prime Minister Malcolm Turnbull, and former Lord Mayor of Sydney Lucy Turnbull, Goldman Sachs, General Catalyst, Spark Capital, HighSage Ventures, and Avenir Capital.
– The company intends to use the funds to develop new products, foster dialogue between public safety agencies and the communities they serve, and continue to invest in its growth across the U.S. and abroad.

Source
NewStore Raises $45M in Series B-1 Funding
NewStore Raises $45M in Series B-1 Funding
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NewStore Raises $45M in Series B-1 Funding

– NewStore is a Boston MA-based omnichannel store solution provider.
– Company raised $45M in Series B-1 funding.
– It is backed by General Catalyst, Activant Capital, and Salesforce Ventures.
– The funding will be used to accelerate commercial efforts, expand globally, speed up product development, and increase employee headcount.

Source
Sword Health Raises $85M in Series C Funding
Sword Health Raises $85M in Series C Funding
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Sword Health Raises $85M in Series C Funding

– Sword Health, a New York-based virtual musculoskeletal care provider, raised $85M in Series C funding.
– The round was led by General Catalyst with participation from Bond, Highmark Ventures, and BPEA, along with returning investors Khosla Ventures, Founders Fund, Transformation Capital, and Green Innovations.
– The company intends to use the funds to build the MSK platform that leverages its virtual physical therapy program to drive cost savings to payors, employers and providers.

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Edtech startup Microverse raises $12.5M to bring income share agreements to the developing world
Edtech startup Microverse raises $12.5M to bring income share agreements to the developing world
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Edtech startup Microverse raises $12.5M to bring income share agreements to the developing world

– Edtech startup Microverse has tapped new venture funding in its quest to help train students across the globe to code through its online school that requires zero upfront cost, instead relying on an income-share agreement that kicks in when students find a job.
– The startup has closed a $12.5 million Series A led by Northzone with additional participation from General Catalyst, All Iron Ventures and a host of angel investors.
– Earlier Microverse had closed a bout of seed funding from General Catalyst and Y Combinator; this latest round brings the startup’s total funding to just under $16 million.
– The company’s vision has seen added pandemic-era traction as larger tech companies have embraced remote work that spans geographic boundaries and time zones.

Source
E-Mobility Startup Ridepanda Extends its Funding by $3.75M to Create Happier and Healthier Cities
E-Mobility Startup Ridepanda Extends its Funding by $3.75M to Create Happier and Healthier Cities
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E-Mobility Startup Ridepanda Extends its Funding by $3.75M to Create Happier and Healthier Cities

– Ridepanda announced the raise of $3.75m in new financing to help transform personal transportation and meet the surging demand for electric vehicles.
– Investors include Porsche Ventures, Yamaha Motor Ventures, Proeza Ventures, and General Catalyst.
– Ridepanda sees e-rides as the ultimate way to create healthier, more connected communities that reduce carbon emissions and pollution through environmentally-friendly modes of transportation.
– Ridepanda offers a handpicked selection of e-bikes, e-mopeds and e-scooters, along with essential add-ons including financing, maintenance, warranties and personalized customer services.
– The company makes it easier than ever for consumers to make climate-smart transportation choices by providing a user-friendly platform to discover the right e-ride for their individual needs, through a curated set of expert-vetted products and support services.

Source
Osmind Closes $15 Million Series A Round to Help Clinicians and Researchers Bring Innovative Mental Health Treatments to More Patients
Osmind Closes $15 Million Series A Round to Help Clinicians and Researchers Bring Innovative Mental Health Treatments to More Patients
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Osmind Closes $15 Million Series A Round to Help Clinicians and Researchers Bring Innovative Mental Health Treatments to More Patients

– Osmind closed $15m in Series A funding to further develop and expand its electronic health record (EHR) and research platform.
– The financing was led by Future Ventures, joined by existing investor General Catalyst and new investors Tiger Global, Offline Ventures, and Yahoo! co-founder Jerry Yang’s AME Cloud Ventures.
– A number of angel investors also participated, including Joshua Kushner (co-founder of Oscar Health and Thrive Capital), Adrian Aoun (founder of Forward), Jonathan Hirsch (founder of Syapse), Alice Zhang (co-founder of Verge Genomics), Bay Gross (co-founder of Cityblock Health), and Linhao Zhang (co-founder of TrialSpark).
– The company also announced the addition of Miki Kapoor (co-founder of Verana Health) as an advisor.

Source
Tendo Systems Secures $50 Million to Accelerate Digital Engagement Between Patients, Clinicians, and Caregivers
Tendo Systems Secures $50 Million to Accelerate Digital Engagement Between Patients, Clinicians, and Caregivers
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Tendo Systems Secures $50 Million to Accelerate Digital Engagement Between Patients, Clinicians, and Caregivers

– Tendo Systems announced $50m in new funding to accelerate its plans to transform healthcare through software.
– The round was led by existing investor Lux Capital, with additional participation from General Catalyst (who led Tendo’s Series A round).
– Tendo has raised $69m to date, and the new round brings Tendo’s valuation to $550m, less than a year after the company was founded.
– Tendo is taking a similar approach with healthcare by creating a digital engagement platform and suite of applications that connect patients, clinicians, and caregivers throughout the care cycle.
– Tendo is collaborating with innovators like Jefferson Health (Tendo’s first foundational customer) to transform its relationship with patients.

Source
Local Kitchen Raises $25M in Series A Funding
Local Kitchen Raises $25M in Series A Funding
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Local Kitchen Raises $25M in Series A Funding

– Local Kitchen, a San Francisco CA-based company which brings together a mix of local restaurant brands under one roof for takeout and delivery, raised $25M in Series A funding.
– The round was led by General Catalyst, with participation from Human Capital, Pear VC, Fifth Wall and Penny Jar Capital, an early-stage venture firm anchored by Stephen Curry.
– The company intends to use the funds to accelerate expansion plans into new markets throughout California and beyond.

Source
Local Kitchens Raises $25M in Series A Funding Led by General Catalyst
Local Kitchens Raises $25M in Series A Funding Led by General Catalyst
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Local Kitchens Raises $25M in Series A Funding Led by General Catalyst

– Local Kitchens, the digital food hall that brings together a mix of award-winning local restaurant brands under one roof for takeout and delivery, has landed $25 million in Series A funding after a year of rapid growth, bringing the company’s total funding to $28M.
– The round was led by General Catalyst, with support from existing investors, Human Capital and Pear VC. New investors to the company include Fifth Wall and Penny Jar Capital, an early-stage venture firm anchored by Stephen Curry.
– The investment will accelerate Local Kitchens’ expansion plans into new markets throughout California and beyond.
– Launched in the summer of 2020, Local Kitchens’ digital food hall concept quickly gained a following from customers who fell in love with the ability to mix-and-match restaurants in one order.

Source
Lessen Raises $35M in Series A Funding
Lessen Raises $35M in Series A Funding
UN

Unicorn Nest news

Lessen Raises $35M in Series A Funding

– Lessen is a Scottsdale-based marketplace platform that unites property owners and service professionals to deliver property services.
– The company closed a $35m Series A funding round.
– The round was led by Fifth Wall, with participation from Khosla Ventures, General Catalyst and Navitas Capital.
– The new investment will be used to develop new technology products, new field operations teams, and market expansion.

Source
Atom Finance Raises $28 Million Series B Led by SoftBank to Empower Informed Investment Decisions Globally
Atom Finance Raises $28 Million Series B Led by SoftBank to Empower Informed Investment Decisions Globally
UN

Unicorn Nest news

Atom Finance Raises $28 Million Series B Led by SoftBank to Empower Informed Investment Decisions Globally

– Atom Finance announced a $28m Series B funding round led by the SoftBank Latin America Fund with participation from existing investors General Catalyst and Base Partners.
– The funding comes on the heels of the company’s recently announced partnership with Banco Inter, the full-suite digital platform that revolutionized the banking market in Brazil.
– Since Atom’s platform launched in 2019, the company has raised nearly $50m from premier venture capital firms and angel investors.
– Atom will channel the new funding to fuel Premium subscriber growth, proliferate partnerships and integrations with financial institutions, open an office in Miami, and continue to build out a best-in-class team across all parts of the company, including Product, Engineering, Growth and Business Development.

Source
Anduril Raises $450M in Series D; Valued at $4.6 Billion
Anduril Raises $450M in Series D; Valued at $4.6 Billion
UN

Unicorn Nest news

Anduril Raises $450M in Series D; Valued at $4.6 Billion

– Anduril Industries, an Irvine, Calif.-based defense technology company, raised $450m in Series D funding and a post-money valuation of $4.6b.
– The round was led by Elad Gil with participation from Andreessen Horowitz, 8VC, Founders Fund, General Catalyst, Lux Capital, Valor Equity Partners, and D1 Capital Partners.
– The new investment will be used to develop advanced technologies (AI, computer vision, sensor fusion, optics and automation) to solve some of the most important & complex national security challenges.

Source
Stork Club Raises $30M to Respond to Unprecedented Employer Demand for Inclusive Benefits and to Hold Employees’ Hands as they Build Healthy Families
Stork Club Raises $30M to Respond to Unprecedented Employer Demand for Inclusive Benefits and to Hold Employees’ Hands as they Build Healthy Families
UN

Unicorn Nest news

Stork Club Raises $30M to Respond to Unprecedented Employer Demand for Inclusive Benefits and to Hold Employees’ Hands as they Build Healthy Families

– Stork Club announced it raised $30M in Series A funding led by General Catalyst, with Hemant Taneja joining the board.
– Existing investors Bowery Capital, Slow Ventures and angels Jack Altman, founder of Lattice; Zach Sims, founder of Codecademy; Oleg Rogynskyy, founder of People.ai; and Kevin Mahaffey, founder of Lookout also joined the round.
– Stork Club is also announcing several new customers from a variety of industries, including Ropes & Gray, Crescent Capital, Corgan, Fors Marsh Group and Inception.
– Stork Club is the first to extend traditional employee benefits to include historically overlooked, yet critical components of maternal health: diagnostics, egg and sperm freezing, IVF, surrogacy, adoption, pregnancy guidance and postpartum recovery support.

Source
FamPay, a fintech aimed at teens in India, raises $38 million
FamPay, a fintech aimed at teens in India, raises $38 million
UN

Unicorn Nest news

FamPay, a fintech aimed at teens in India, raises $38 million

– Bangalore-based FamPay raised $38m in Series A funding.
– The round was led by Elevation Capital and joined by General Catalyst, Rocketship VC, Greenoaks Capital, Sequoia Capital India, Y Combinator, Global Founders Capital, and Venture Highway.
– The size of the new investment makes it one of the largest Series A rounds in India.

Source
Transcarent Raises $58 Million in Series B Funding to Accelerate Consumer-Directed Health and Care Experience for Self-Insured Employers
Transcarent Raises $58 Million in Series B Funding to Accelerate Consumer-Directed Health and Care Experience for Self-Insured Employers
UN

Unicorn Nest news

Transcarent Raises $58 Million in Series B Funding to Accelerate Consumer-Directed Health and Care Experience for Self-Insured Employers

– Transcarent, a new and different consumer-directed health and care experience for employees of self-insured employers and their families, announced a $58m Series B investment led by General Catalyst and 7wireVentures, with participation from Merck Global Health Innovation Fund, Kleiner Perkins, Leaps by Bayer, GreatPoint Ventures, and Threshold Ventures along with existing investors Alta Partners and Jove Equity Partners.
– This round brings Transcarent’s total funding to $98m and will allow the company to respond to the demand for rapid expansion of its innovative risk-based offering for self-insured employers.

Source
Aura Raises $150M in Series E Funding
Aura Raises $150M in Series E Funding
UN

Unicorn Nest news

Aura Raises $150M in Series E Funding

– 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.

Source
Terra raises $2.8M to build the Plaid for fitness data
Terra raises $2.8M to build the Plaid for fitness data
UN

Unicorn Nest news

Terra raises $2.8M to build the Plaid for fitness data

– Terra, a recent Y Combinator graduate building an API for fitness and health data, announced that it has closed a $2.8m round.
– The investment includes capital from General Catalyst, Samsung Next and NEXT VENTURES.
– The company intends to hire with its new capital, increasing from a team of four today — the co-founders and two other engineers — to seven this month. Terra expects to staff up to 10 people inside the quarter.

Source
Trellis Raises $10M in Series A Funding
Trellis Raises $10M in Series A Funding
UN

Unicorn Nest news

Trellis Raises $10M in Series A Funding

– Trellis Technologies, Inc. from San Francisco CA raised $10M in Series A funding.
– The round was led by QED Investors with participation from existing investors NYCA Partners and General Catalyst.
– Trellis intends to use the funds to accelerate hiring, expand partnerships and develop new products.

Source
Guild Education valued at $3.75 billion with newest round
Guild Education valued at $3.75 billion with newest round
UN

Unicorn Nest news

Guild Education valued at $3.75 billion with newest round

– Guild Education, a lifelong learning platform, raised $150m in Series E funding.
– The round was led by Bessemer Venture Partners, Cowboy Ventures, D1, Emerson Collective, General Catalyst, GSV, Harrison Metal, ICONIQ, Redpoint and Salesforce Ventures.
– The company plans to grow its coaching team, expand its learning marketplaces with more short-term certificate opportunities and double down on its outreach with historically Black colleges and universities.

Source
Club Feast Raises $10.25M in Funding
Club Feast Raises $10.25M in Funding
UN

Unicorn Nest news

Club Feast Raises $10.25M in Funding

– Club Feast is a San Francisco CA-based platform which specializes in delivering meals to consumers.
– The company raised $10.25m in funding.
– The round was led by previous investor General Catalyst, with participation from new investors Grishin Robotics, Modern Venture Partners, Eric Feldman, and Pika Capital.
– The new investment will be used to expand operations and business reach.

Source
Decision Automation Company Shift Technology Raises $220 Million
Decision Automation Company Shift Technology Raises $220 Million
UN

Unicorn Nest news

Decision Automation Company Shift Technology Raises $220 Million

– 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.

Source
Bowery Farming Inks $300M Series C Round
Bowery Farming Inks $300M Series C Round
UN

Unicorn Nest news

Bowery Farming Inks $300M Series C Round

– Bowery Farming, the largest vertical farming company in the United States, has secured $300m in additional funding.
РThe round was led by Fidelity Management & Research Company LLC, with significant follow-on investment from existing investors GV (formerly Google Ventures), General Catalyst, GGV Capital, Temasek, Groupe Art̩mis (Pinault-owned), as well as new participation from Amplo and Gaingels, a fund representing the LGBTQ community and allies.

Source
Indoor farming company Bowery raises $300M
Indoor farming company Bowery raises $300M
UN

Unicorn Nest news

Indoor farming company Bowery raises $300M

– Vertical farming startup Bowery Farming raised $300m funding.
– The round was led by Fidelity Management & Research Company and joined by GV (formerly Google Ventures), General Catalyst, GGV Capital, Temasek and Groupe Artémis.
Amplo and Gaingels participated, as well, along with some celebrity individual investors, including Lewis Hamilton, Chris Paul, Natalie Portman, José Andrés and Justin Timberlake.
– The funding comes as Bowery has experienced some impressive real-world growth, touting a 750% increase in availability since January of last year.

Source
Heyday Closes $70M in Series B Funding
Heyday Closes $70M in Series B Funding
UN

Unicorn Nest news

Heyday Closes $70M in Series B Funding

– Heyday is a San Francisco CA-based eCommerce brand building company.
– The company raised $70M in Series B funding.
– The round was led by General Catalyst with participation from Khosla Ventures and Arbor Ventures.
– The new investment will be used to expand operations and business reach.

Source
Loom Raises $130M in Series C Funding; Valued at $1.53 Billion
Loom Raises $130M in Series C Funding; Valued at $1.53 Billion
UN

Unicorn Nest news

Loom Raises $130M in Series C Funding; Valued at $1.53 Billion

– Loom is a video messaging platform for work.
– The company raised $130m in Series C funding.
– The round was led by Andreessen Horowitz, with participation from Iconiq Growth, Kleiner Perkins, Sequoia Capital, Coatue Management, and General Catalyst.
– The new funding will be used to drive product innovation and scale operations globally.

Source
Collective Raises $20M in Series A Funding
Collective Raises $20M in Series A Funding
UN

Unicorn Nest news

Collective Raises $20M in Series A Funding

– Collective is a San Francisco, CA-based all-in-one back office platform for self-employed people.
– The company raised $20m in Series A funding.
– The round was led by General Catalyst with participation from Ashton Kutcher, via Sound Ventures, and Steve Chen, Hamish McKenzie, Aaron Levie, Kevin Lin, Sam Yam, Li Jin, Shadiah Sigala, Adrian Aoun, Holly Liu, Andrew Dudum (founder Hims) and Edward Hartman (founder LegalZoom).
– The new investment will be used to scale the business and build out the team.

Source
Step Raises $100 Million in Series C Funding & Surpasses 1.5 Million Users After Less Than Six Months in Market
Step Raises $100 Million in Series C Funding & Surpasses 1.5 Million Users After Less Than Six Months in Market
UN

Unicorn Nest news

Step Raises $100 Million in Series C Funding & Surpasses 1.5 Million Users After Less Than Six Months in Market

– Step, the new modern-day financial services company built for teens and families, today announced a $100m Series C round of funding.
– The round was led by General Catalyst, with participation from returning investors Coatue, Stripe, Charli D’Amelio, The Chainsmokers, Will Smith and Jeffrey Katzenberg.
– Step also welcomed Jared Leto and Franklin Templeton to the round and formally announced NBA All-Star Stephen Curry as an investor, who has supported the company from the early days.
– These investors join a prominent group that includes the likes of Alex Rodriguez, Justin Timberlake, Josh Richards and former Square executives Sarah Friar, Jacqueline Reses and Gokul Rajaram.

Source
Detroit-based Signal Advisors raises $10M Series A led by General Catalyst
Detroit-based Signal Advisors raises $10M Series A led by General Catalyst
UN

Unicorn Nest news

Detroit-based Signal Advisors raises $10M Series A led by General Catalyst

– Signal Advisors, a financial platform for financial advisors, raised $10m in Series A funding.
– The round was led by General Catalyst and joined by Ludlow Ventures, Detroit Venture Partners, and others.
– The company plans to use the funding to expand its sales and marketing efforts.
– The company is led by CEO Patrick Kelly.

Source
Oath Care just raised $2 million to develop a social, health-focused app that groups expectant and new parents
Oath Care just raised $2 million to develop a social, health-focused app that groups expectant and new parents
UN

Unicorn Nest news

Oath Care just raised $2 million to develop a social, health-focused app that groups expectant and new parents

– Oath Care, a young, four-person San Francisco-based startup, just raised $2m in seed funding from XYZ Ventures, General Catalyst, and Eros Resmini.
– The company is building a subscription-based mobile app that’s focused on improving the lives of new mothers by combining parents who have lots in common with healthcare specialists and moderators who can guide them in group chats, as well as one-on-one video calls.
– For $20 per month, Oath matches pregnant and postpartum moms in circles of up to 10 based on factors like stage of pregnancy, age of child, location and career so they can ask questions of each other, with the help of a trained moderator (who is sometimes a mother with older children).

Source
Oath Announces $2 Million in Seed Funding to Reinvent Healthcare Experience Starting With Motherhood
Oath Announces $2 Million in Seed Funding to Reinvent Healthcare Experience Starting With Motherhood
UN

Unicorn Nest news

Oath Announces $2 Million in Seed Funding to Reinvent Healthcare Experience Starting With Motherhood

– Oath Care raised $2m from XYZ Venture Capital, General Catalyst, Muse Capital, and Eros Resmini.
– The company will use funds to aggressively hire and accelerate product development in preparation for its public launch later this year.
– Oath is building a social, community-based network and mobile app that combines intimate connections and shared parental experiences with healthcare specialist support and guidance through group chat and 1:1 video calls.
– Starting with small groups for moms, Oath’s technology intelligently matches women in “circles” of 6-10 women based on criteria such as stage of pregnancy/age of child, location, and career.
– Circles are led by a trained facilitator and provide the opportunity to ask questions of healthcare specialists or schedule consultations to address any issue along the pregnancy and early childhood journey.

Source
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