– Rapid Robotics, a startup providing out-of-the-box automation solutions for manufacturers, announced it has raised $36.7 million in a series B round co-led by Kleiner Perkins and Tiger Global, with participation from NEA, Greycroft, Bee Partners, and 468 Capital.
– The round, which values Rapid at $192.5 million post-money, brings the company’s total funding to date to $54.2 million.
– According to a study from Deloitte and the National Manufacturing Institute, by the end of 2020 the manufacturing industry had only recouped 63% of jobs lost during the pandemic — even with openings at near-record levels.

– FullStory has raised $103m in a series D round of funding led by Permira, Kleiner Perkins, GV, Salesforce Ventures, and others.
– The startup says the the new capital, which brings its valuation to $1.8 billion and total funding to $170 million, will be used to expand FullStory’s business internationally and enhance its digital experience observability platform.
– Dead links, unsubmittable forms, failed scheduling tools, rejected vouchers and other flaws, bugs, and glitches can litter companies’ websites.
– FullStory looks to help companies build better experiences across web and mobile channels by providing analytics and insights to product, customer success, engineering, and marketing teams.

– Thrive Global, the behavior change technology company founded by Arianna Huffington, announced that it has raised an $80m Series C round co-led by Mamoon Hamid at Kleiner Perkins to accelerate Thrive’s growth and impact in ending the burnout epidemic and helping people live and work with less stress, more productivity and greater well-being and mental resilience.
– Owl Ventures, a global leader in education technology investing, co-led the round and Ian Chiu, Managing Director at Owl, will also join the Thrive board. Owl has made investments in skilling and learning companies such as Degreed and MasterClass, and their commitment to Thrive reflects their recognition that as we focus on reskilling and upskilling employees around the world, we must also empower them to build mental resilience and manage stress.

– Moveworks, a platform designed to automate support at work, announced that it closed a $200m series C funding round led by Tiger Global and Alkeon Capital, with participation from Lightspeed Venture Partners, Sapphire Ventures, Bain Capital, ICONIQ Growth, and Kleiner Perkins.
– The proceeds bring the company’s total raised to $315m and value the company at $2.1bn post-money, representing one of the largest investments in an AI platform for employee service to date.
– With conventional approaches, support teams take an average of three days to address issues including IT tickets, HR requests, and policy questions by hand, causing disruptions that can delay work.
– Nearly one-third of departments regularly affected by technical problems say that an hour of downtime costs them $1m or more.

– Incorta announced $120m in Series D funding led by Prysm Capital, with participation from existing investors GV, Kleiner Perkins, M12, Sorenson Capital, Telstra Ventures and Ron Wohl, as well as a credit facility from Silicon Valley Bank.
– The latest round of funding will be used to expand go-to-market operations and meet global demand for Incorta’s unified data analytics platform.
– After hitting a major inflection point in 2020, Incorta is now scaling fast to meet global demand for modern data analytics in the cloud.
– This funding enables us to scale up while staying true to Incorta’s DNA and maintaining our best-in-class innovation, quality and customer obsession.

– 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.

– Settle, a startup that provides working capital to e-commerce and CPG companies, raised $15m in Series A funding.
– The round was led by Kleiner Perkins and joined by Founders Fund, SciFi, Caffeinated Capital, WorkLife Ventures, Background Capital and AngelList Venture CEO Avlok Kohli.
– The company was founded by former Affirm founder Max Levchin’s Affirm co-founder and former COO of Affirm, Jason Koenig.

– 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.

– Spot Meetings, a Chicago-based startup, raised $5m in seed funding.
– The round was led by Kleiner Perkins and joined by Chapter One Ventures.
– The company is building a product to reinvent meetings for an audio-only environment.
– The product has an assistant, aptly named Spot, which listens in on the call and which participants can direct commands to while speaking.

– San Francisco-based Chef Robotics raised $7.7m in combined pre-seed and seed round.
– The round was led by Kleiner Perkins, Promus Ventures, Construct, Bloomberg Beta, BOLD Capital Partners, Red and Blue Ventures, Gaingels, Schox VC, Stewart Alsop and Tau Ventures.
– The product team includes ex-employees of Cruise, Google, Verb Surgical, Zoox and Strateos.
– The company is building a robotics and vision system destined to increase production volume and enhance consistency, while removing some food waste from the process.

– Hatch, a fintech startup, raised $20m in funding.
– The funding was led by Kleiner Perkins and joined by Abstract Ventures, SVB and Plaid’s founders.
– The startup offers business checking accounts for small businesses.

– Cameo has raised $100m in a Series C financing that values the company at over $1b.
– The financing was led by e.ventures, with participation from Origin Ventures, Softbank, Google Ventures, UTA Ventures, Amazon’s Alexa Fund, other institutional investors, and several celebrities, athletes, and entertainers including legendary skateboarder Tony Hawk.
– Previous investors Lightspeed Venture Partners, Kleiner Perkins, Spark Capital, and The Chernin Group also participated.

– Security compliance startup Secureframe raised $18m in Series A funding.
– The round was led by Kleiner Perkins and joined by Gradient Ventures and Base10 Partners.
– The company helps businesses maintain two key cybersecurity certifications, SOC 2 and ISO 27001.
– It helps companies get their certifications and become compliant in weeks, rather than months.

– Viz.ai today announced that it has raised $71 million in Series C funding, led by Scale Venture Partners and Insight Partners with participation from Greenoaks, Kleiner Perkins, Threshold Ventures, CRV, Innovation Endeavors and Susa Ventures.
– Viz.ai aims to accelerate expansion of its Intelligent Care Coordination A.I. platform beyond stroke to other areas of acute care such as cardiology, pulmonary and trauma, and into new global markets.
– This round brings the company’s total funding to over $150 million since inception.

– Early stage startup Calixa announced a $4.25m seed round.
– The round was led by Kleiner Perkins and joined by Operator Collective, Liquid 2 Ventures and a bunch of individual investors.
– The company plans to use the funding to hire more people and expand its product.

– Sagimet Biosciences, a San Mateo, Calif.-based clinical-stage biotechnology company, raised $80m in crossover financing.
– The round was led by an undisclosed public equity healthcare investment fund with participation from existing investors (including Ascletis, Kleiner Perkins, New Enterprise Associates (NEA) and Rock Springs Capital) along with new investors (Altium Capital, HM Capital, Invus and PFM Health Sciences).
– The company intends to use the funds to advance its lead program, TVB-2640 for NASH, to explore additional indications, to file an IND on a second FASN inhibitor, TVB-3567, by the end of 2021.