– Dutchie, a technology company that helps facilitate legal cannabis orders, raised $350m in Series D funding.
– The round was led by D1 Capital Partners, with participation from previous investors including Tiger Global, Dragoneer, DFJ Growth, Thrive Capital, Gron Ventures, and Casa Verde Capital, and new investors, including Willoughby Capital, Glynn Capital, and Park West Asset Management.
– It brings the company to a valuation of $3.75 billion.
– The company’s technology includes e-commerce, point of sale and seamless payment solutions and is used to power annual sales of more than $14 billion at 5,000 cannabis dispensaries across North America.

– 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.

– Ramp announced that it closed a $300m series C funding tranche led by Founders Fund, with participation from Redpoint Ventures, Thrive Capital, D1 Capital Partners, Spark Capital, Coatue Management, Iconiq, Altimeter, Stripe, Lux Capital, A* Partners, and Definition Capital.
– Ramp provides virtual and physical cards that offer 1.5% cashback on purchases. Its management tools allows companies to control spend with multi-level rules, vendor spending limits, merchant blacklists, and approvals, as well as spending insights that combine expense reporting, accounting, and more.

– CommandBar, a software company, raised $4.8m in seed funding.
– The round was led by Thrive Capital and joined by Y Combinator, BoxGroup and a group of angel investors including, AngelList’s Naval Ravikant, Worklife Ventures’ Brianne Kimmel, StitchFix president Mike Smith and others.
– The company is building an embeddable search widget to make software easier to use.

– Pipo Saude, a startup that developed a platform that sells and manages healthcare benefits for Brazilian companies, has raised $20m in a Series A round of funding.
– The round was led by Thrive Capital and joined by existing investors including Monashees, Kaszek and OneVC.
– Nubank co-founder and CEO David Velez and Cedar co-founder and CEO Florian Otto (and former CEO of Groupon in Brazil) also joined in the round.

– Morty is an online mortgage marketplace that allows homebuyers to evaluate competitive offers from multiple lenders, then lock and close their loans through an automated platform.
– The company closed a $25m Series B funding.
– The round was led by March Capital with participation from Rethink Impact and existing investors Thrive Capital, Lerer Hippeau, Prudence Holdings, FJ Labs and Metaprop.
– The new investment will be used to make investments in hiring, consumer marketing and product expansion and explore B2B2C opportunities to embed mortgage technology into the greater real estate ecosystem.

– Stytch, a company dedicated to improving security and user experience with passwordless authentication, announced it raised $30m in a Series A funding round led by Thrive Capital.
– Thrive Capital‘s investment was led by Gaurav Ahuja, who will join Benchmark’s Chetan Puttagunta on Stytch’s board of directors.
– Over the past year, Stytch’s simple developer experience and flexible API-first approach have attracted more than 350 companies of all sizes and a handful of Fortune 500 firms to build on the Stytch platform, adding core passwordless features such as email magic links, SMS and Whatsapp passcodes, and one-click user invitations into their user onboarding and authentication login flows.

– Glossier Inc. announced that it has raised $80m in Series E funding.
– Lone Pine Capital led the round, along with participation from existing investors Forerunner Ventures, Index Ventures, IVP, Sequoia Capital, and Thrive Capital.
– The fully direct to consumer business will continue to scale its online and offline channels globally as it builds the world’s #1 destination for beauty discovery.
– Glossier was founded in 2014 and is on a mission to inspire everyone to find joy and confidence in their personal beauty style.
– The company has more than 5m customers globally and has become a household name across generations, especially with Gen Z and Millennials; two out of every five women between the ages of 18 and 34 in the United States have heard of Glossier.

– Pleo is a Danish born provider of expense management tool and smart company cards.
– Company raised $150M in Series C funding.
– The round was co-led by Bain Capital Ventures and Thrive Capital with contributions from Creandum, Kinnevik, Founders, Stripes and Seedcamp.
– The company intends to use the funds to expand its solution across Europe, growing its customer base, invest in its team, which currently stands at 330 people, while iterating its product offering.

– Clair, a social impact, embedded fintech startup transforming how America’s hourly workers get paid, announced the close of a $15m Series A funding.
– The round was led by Thrive Capital and includes participation from Upfront Ventures.
– Clair enables HR tech and gig companies to give hourly workers free instant cash advances on their earnings.
– On-demand pay and other fintech services create value for both employers and HR tech providers, with research showing that Clair’s no-fee instant advances can dramatically bolster companies’ efforts to recruit and retain hourly workers.

– Pitch, the collaborative presentation platform for modern teams, announced that it has raised an $85 million Series B funding round led by Lakestar and Tiger Global, and joined by existing Pitch investors Index Ventures and Thrive Capital.
– Six months after launching to the public, the Series B investment comes at a time of significant growth and momentum for Pitch. To date, tens of thousands of teams have opened 125,000 workspaces on Pitch, including top companies like Intercom, Superhuman and Notion.
– Pitch is a collaborative presentation platform that enables teams to create, edit, review and share presentations in real-time.
– Pitch is used by companies like Intercom, Superhuman and Notion.
– The company will use the new funding to continue to build out its team and product.

– Benchling has raised $200m in Series E funding led by Sequoia Capital Global Equities and joined by Altimeter Capital, Byers Capital and Elad Gil.
– Existing investors participated, including Thrive Capital, Benchmark, Menlo Ventures, Alkeon Capital, ICONIQ, Lux Capital, Spark Capital and Lead Edge Capital.
– The company will use the funding to aggressively invest in product development and global expansion to support enterprise customers.
– Since launching in 2012, more than 300,000 scientists and 1,000 R&D organizations around the globe have adopted Benchling’s cloud platform to manage massively complex experimental datasets and optimize R&D processes.

– Cityblock Health from Brooklyn, NY, is a healthcare provider for Medicaid and lower-income Medicare beneficiaries.
– The company completed a $192m Series C extension funding round.
– The round was led by new investor Tiger Global with participation from existing investors including Kinnevik AB, Maverick Ventures, General Catalyst, Wellington Management, Thrive Capital, Redpoint Ventures, Echo Health Ventures, 8VC, and AIMS Imprint of Goldman Sachs Asset Management.
– The new investment will be used to accelerate deployment of its community and value-based care model nationwide.

– Rightway has raised $100m in Series C financing at a valuation of $1.1B.
– The round was led by Khosla Ventures, with participation from Thrive Capital, Tiger Global Management, and other existing investors.
– Rightway’s robust product development, its growth to serve over 500k members across 850 clients, and a 250% increase in headcount position the company to bring a new level of transformation to the ailing healthcare landscape.
– The funding will be used to rapidly expand Rightway’s footprint in the employer market and accelerate its advancement across health plans, third-party administrators and other strategic channels.

– Lattice from San Francisco is a leading people management platform for businesses with people-first cultures.
– The company has raised $60m in a new round.
– Tiger Global was joined by existing investors Thrive Capital, Shasta Ventures, Founders Fund, Frontline Ventures, Fuel Capital, Khosla Ventures, and several new angel investors.
– The new investment brings Lattice’s total funding to $158m.

– Chord Raises $18M In Series A Funding
– The round was led by Eclipse Ventures, which joined a roster of existing institutional investors including Foundation Capital, WhiteStar Capital, Forerunner Ventures, Index Ventures, and Thrive Capital, as well as angel investors from the commerce world, most notably Will Gaybrick of Stripe, and the founders of D2C brands such as Allbirds, Harry’s, and Warby Parker.
– The company intends to use the funds to develop more technology and data products, as well as to continue to grow.
– Bryan Mahoney is CEO and Henry Davis is Chairman & COO.
– Leslie Lorenz is joining the company as Vice President of Data.

– Dutchie Raises $200m; Valued at $1.7b
– The round was led by Tiger Global with participation from new investors Dragoneer and DFJ Growth, and from existing investors including Casa Verde Capital, Thrive Capital, Gron Ventures, and former Starbucks Chairman and CEO Howard Schultz.
– The company intends to use the funds to add talent, expand into new markets, and launch major product developments to support cannabis dispensaries.
– Led by Ross Lipson, CEO and Co-founder, and Tim Barash, Executive Chairman, Dutchie is a cannabis technology platform focused on helping cannabis dispensaries throughout the United States and Canada streamline operations, grow and meet consumer demand.

– Airtable, a no-code relational database, raised $270m funding.
– The round was led by Greenoaks Capital and joined by WndrCo, as well as existing investors Caffeinated Capital, CRV and Thrive.
– The company plans to use the funding to accelerate the development of its enterprise product and growing the team.
– The company was approached by Greenoaks, rather than actively seeking funding.

– Cedar Completes $200M Series D Funding
– The round was led by Tiger Global Management, bringing the company’s valuation to $3.2 billion.
– The company, which boasts more than $350 million in total funding to date, will use the new capital to continue meeting skyrocketing demand for the exceptional, patient-centric digital health experiences provided through its platform.
– Existing investors Andreessen Horowitz (a16z), Thrive Capital and Concord Health Partners also participated in the round.