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Spring Health Scores $190M Series C Round
Spring Health Scores $190M Series C Round
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Spring Health Scores $190M Series C Round

– Spring Health, the most comprehensive global mental health solution for employers and health plans, has secured $190m in Series C funding.
– Top healthcare investor Kinnevik led the round and was joined by new investor The Guardian Life Insurance Company of America (Guardian Life), along with existing investors Tiger Global, Northzone, RRE Ventures, Rethink Impact, Work-Bench, William K Warren Foundation, SemperVirens, Able Partners, and True Capital Ventures.
– The company’s total investment to date is $300m, bringing the company’s current valuation to $2bn on the heels of approximately 6x revenue growth over the past year.

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Fintech startup SellersFunding raises $166.5M in equity, credit round to support e-commerce sellers
Fintech startup SellersFunding raises $166.5M in equity, credit round to support e-commerce sellers
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Fintech startup SellersFunding raises $166.5M in equity, credit round to support e-commerce sellers

– SellersFunding secured $166.5m in a combination of Series A equity funding and a credit facility.
Northzone led the round and was joined by Endeavor Catalyst and Fasanara.
– The company created a digital platform that delivers financial tools and resources to streamline global commerce for thousands of marketplaces, including working capital, cross-border cash management, tax solutions and business valuation.
– The company has consistently grown 300% year over year.

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Stockeld Dreamery loves cheese so much that it raised $20M to make it out of legumes
Stockeld Dreamery loves cheese so much that it raised $20M to make it out of legumes
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Stockeld Dreamery loves cheese so much that it raised $20M to make it out of legumes

– Stockeld Dreamery, a plant-based food company, raised $20m in Series A funding.
– The round was led by Astanor Ventures and Northzone, and joined by Gullspång Re:food, Eurazeo, Norrsken VC, Edastra, Trellis Road and angel investors David Frenkiel and Alexander Ljung.
– The company’s first product, Stockeld Chunk, launched in May.

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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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Decentralized identity authentication platform Magic raises $27M
Decentralized identity authentication platform Magic raises $27M
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Decentralized identity authentication platform Magic raises $27M

– Magic announced it has raised $27 million in a series A round of funding to further commercialize its blockchain-powered identity authentication platform.
– The round, which was led by Northzone, featured a slew of high-profile VC and angel investors, including Tiger Global, Reddit cofounder Alexis Ohanian , and GitHub CTO Jason Warner.
– The company launched in 2018 as Fortmatic, and its founders include CEO and former Docker product lead Sean Li; former Yelp software engineer Arthur Jen; and Jaemin Jin, a former software engineer at Apple, Amazon, and Uber.
– The San Francisco-based firm rebranded as Magic last May as it exited stealth with $4 million in seed funding.
– In the 14 months since, Magic claims it has grown its developer user base tenfold.

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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.

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Forto Raises $240 Million in Funding Led by SoftBank Vision Fund 2 at $1.2 Billion Valuation
Forto Raises $240 Million in Funding Led by SoftBank Vision Fund 2 at $1.2 Billion Valuation
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Forto Raises $240 Million in Funding Led by SoftBank Vision Fund 2 at $1.2 Billion Valuation

– Forto has successfully raised $240M in an investment round.
– The round was led by SoftBank Vision Fund 21, with participation from Citi Ventures and G Squared, and strong backing from existing investors including Northzone, Inven Capital, Cherry Ventures, and Unbound.
– With this round, Forto’s valuation now stands at $1.2B.

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Thirty Madison Raises $140M in Series C Funding
Thirty Madison Raises $140M in Series C Funding
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Thirty Madison Raises $140M in Series C Funding

– Thirty Madison, a New York-based healthcare company that focuses on people with chronic conditions, raised $140M in Series C funding.
– The round was led by new investor HealthQuest Capital with participation from Mousse Partners and Bracket Capital and existing investors Polaris Partners, Johnson & Johnson Innovation – JJDC, Inc., Northzone, Greycroft, and others.
– The company intends to use the funds to expand access to its care model for people who suffer from chronic conditions and enhance the capabilities of its proprietary platform.

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Nested, the UK-based ‘modern’ estate agent, raises additional £5M to improve the home-selling experience
Nested, the UK-based ‘modern’ estate agent, raises additional £5M to improve the home-selling experience
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Nested, the UK-based ‘modern’ estate agent, raises additional £5M to improve the home-selling experience

– Nested, a proptech startup, raised £5m funding.
– The round was led by Axel Springer and joined by previous investors Balderton Capital and Northzone.
– The company plans to launch an additional 30 areas over the next 18 months, as well as moving outside London for the first time.

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Hopin Raises $400M in Series C Funding
Hopin Raises $400M in Series C Funding
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Hopin Raises $400M in Series C Funding

– Hopin Raises $400M in Series C Funding.
– The round was co-led by new investors Andreessen Horowitz and General Catalyst, and existing investor IVP, with participation from returning investors Coatue, DFJ Growth, Northzone, Salesforce Ventures and Tiger Global.
– The new investment will be used to accelerate growth, including scaling its operations, team and platform.

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Flink, the Berlin-based grocery delivery startup that operates its own ‘dark stores’, raises $52M
Flink, the Berlin-based grocery delivery startup that operates its own ‘dark stores’, raises $52M
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Flink, the Berlin-based grocery delivery startup that operates its own ‘dark stores’, raises $52M

– Berlin-based Flink, a grocery delivery startup, raised $52m in seed funding.
– The round was led by Target Global and joined by Northzone, Cherry Ventures, Silicon Valley-based debt provider TriplePoint Capital, and Kinnevik’s Cristina Stenbeck.
– The company plans to expand into the Netherlands and France.

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Spain’s Wallapop raises $191M at an $840M valuation for its classifieds marketplace
Spain’s Wallapop raises $191M at an $840M valuation for its classifieds marketplace
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Spain’s Wallapop raises $191M at an $840M valuation for its classifieds marketplace

– Wallapop, a virtual marketplace based out of Barcelona, Spain that lets people resell their used items, or sell items like crafts that they make themselves, has raised €157 million ($191 million at current rates).
– The funding is being led by Korelya Capital, a French VC fund backed by Korea’s Naver, with Accel, Insight Partners, 14W, GP Bullhound and Northzone — all previous backers of Wallapop — also participating.
– The company currently has 15 million users — about half of Spain’s internet population, CEO Rob Cassedy pointed out to us in an interview earlier today — and it has maintained a decent No. 4 ranking among Spain’s shopping apps, according to figures from App Annie.

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