Unicorn Nest news
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.
Unicorn Nest news
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.
