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Self Financial Raises $50M in Series E Funding
Self Financial Raises $50M in Series E Funding
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Unicorn Nest news

Self Financial Raises $50M in Series E Funding

– Self Financial from Austin, TX, enables consumers to build credit and savings.
– The company raised $50m in Series E funding.
– The round was led by Altos Ventures with participation from Meritech Capital and Conductive Ventures.
– The new investment will be aimed at further scaling the business to make building credit accessible for Americans.

Source
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.

Source
xentral, an ERP platform for SMBs, raises $75M Series B from Tiger Global and Meritech
xentral, an ERP platform for SMBs, raises $75M Series B from Tiger Global and Meritech
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xentral, an ERP platform for SMBs, raises $75M Series B from Tiger Global and Meritech

– German startup xentral, which develops ERP for online small businesses, raised $75m in Series B funding.
– The round was led by Tiger Global and Meritech, and joined by existing investors Sequoia Capital, Visionaries Club (a B2B-focused VC out of Berlin) and Freigeist.
– The cash will be used to enhance product, hire staff and expand the U.K. operation toward a more global ERP market, which is expected to reach $32 billion by 2023.

Source
Pendo Raises $150M in Series F Funding
Pendo Raises $150M in Series F Funding
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Pendo Raises $150M in Series F Funding

– Pendo from Raleigh, NC, provides a solution for companies to bridge the gap between how users expect software to work and their experience actually using it.
– Series F $150m round led by B Capital Group with participation from Silver Lake Waterman and existing investors Battery Ventures, Meritech Capital Partners, Sapphire Ventures, General Atlantic, Tiger Global Management, FirstMark Capital, Geodesic Capital, IDEA Fund Partners and Contour Venture Partners.
– The new investment will be used to accelerate global expansion, strategic acquisitions and continued innovation in the platform.

Source
Accounting automation and collaboration platform FloQast raises $110M
Accounting automation and collaboration platform FloQast raises $110M
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Accounting automation and collaboration platform FloQast raises $110M

– FloQast, an accounting collaboration, automation, and close-management platform, has raised $110 million in a series D round of funding at a $1.2 billion valuation.
– The round was led by Meritech Capital, with participation from Insight Partners, Redpoint Ventures, Sapphire Ventures, Coupa Ventures, Polaris Partners, and Norwest Venture Partners.
– Financial close management is the business process of checking and adjusting account balances at the end of each month or other predefined period to publish compliant financial reports for regulators, managers, shareholders, or any other stakeholder that needs to know a company’s current financial position.

Source
Element Biosciences Raises $276M in Series C Financing
Element Biosciences Raises $276M in Series C Financing
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Element Biosciences Raises $276M in Series C Financing

– Element Biosciences from San Diego develops DNA sequencing platform.
– The company closed a $276m Series C financing.
– Backers included new investors Janus Henderson Investors, Logos Capital, Meritech Capital Partners, Counterpoint Global (Morgan Stanley), and T. Rowe Price and existing investors Fidelity Management & Research Company, Foresite Capital, JS Capital Management LLC, RA Capital Advisors, and Venrock.
– The new investment will be used to scale commercial organization in anticipation of the launch of its next-generation sequencing solution.

Source
Kajabi: $550 Million Funding And Over $2 Billion Valuation
Kajabi: $550 Million Funding And Over $2 Billion Valuation
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Kajabi: $550 Million Funding And Over $2 Billion Valuation

– Kajabi is an e-commerce platform for knowledge economy.
– The company raised $550m in growth equity financing.
– The round was led by Tiger Global Management and also included TPG, Tidemark, Owl Rock Capital, and Meritech Capital.
– Kajabi intends to continue scaling its team and building best-in-class products, expand internationally, and explore strategic mergers and acquisitions that can further expand its product portfolio and geographic reach.

Source
Extend – Leader in Modern Product Protection – Announces $260M Series C Led by SoftBank Vision Fund 2, Achieving Unicorn Status With Over $1.6B Valuation
Extend – Leader in Modern Product Protection – Announces $260M Series C Led by SoftBank Vision Fund 2, Achieving Unicorn Status With Over $1.6B Valuation
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Unicorn Nest news

Extend – Leader in Modern Product Protection – Announces $260M Series C Led by SoftBank Vision Fund 2, Achieving Unicorn Status With Over $1.6B Valuation

– Extend, the leading provider of modern extended warranty and product protection plans for merchants and consumers through API-first solutions, announced a $260M Series C funding round led by SoftBank Vision Fund 2.
– The funding round also includes participation from existing investors Meritech Capital Partners, PayPal Ventures and GreatPoint Ventures, and welcomes new investors Nationwide, Tomales Bay Capital, Launchpad Capital, 10X Capital and 40North.
– The oversubscribed round brings Extend’s total funding to more than $315M and cements the company’s unicorn status with a $1.6B+ valuation.
– This new round of funding will be used to continue to scale the Extend team, accelerate its technology footprint, and expand its suite of services that improve customer loyalty and drive revenue for merchants.

Source
Another unicorn in Seattle: Enterprise sales startup Highspot raises $200M round at a $2.3B valuation
Another unicorn in Seattle: Enterprise sales startup Highspot raises $200M round at a $2.3B valuation
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Unicorn Nest news

Another unicorn in Seattle: Enterprise sales startup Highspot raises $200M round at a $2.3B valuation

– Highspot, a sales enablement platform, raised $200m funding.
– The round was led by Insight Venture Partners and joined by new investors Meritech Capital Partners and Salesforce Ventures.
– It brings the company to a valuation of $2.3 billion.

Source
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