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Biotechnology Developer APIs North America Robotics

Opentrons Raises $200M in Series C Funding

– Opentrons Labworks Inc. is a NYC-based lab platform provider.
SoftBank Vision Fund 2 led the round with participation by Khosla Ventures.
– The company intends to use the funds to further invest in its automated lab platform globally.

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Blockchain Cryptocurrency Developer APIs Developer Platform FinTech North America Software

Amberdata Raises $15M Series A Led by Citi

– Amberdata announced it has raised $15 Million Series A led by Citi.
Franklin Templeton, Galaxy Digital, Rovida Kruptos Assets, and executives at GoldenTree Asset Management also participated in the capital raise.
– Amberdata will use the funds to double R&D headcount and expand go-to-market both in the United States and internationally.

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Developer APIs Enterprise Software Human Resources Information Services Internet Legal Legal Tech North America Software

Checkr Raises $250M in Series E Funding

– Checkr is a San Francisco CA-based HR technology company.
– Company raised $250m in Series E funding, valuing it at $4.6b.
– The round was led by Durable Capital, Fidelity Management & Research Company LLC and Franklin Templeton with participation from BOND Capital, Khosla Ventures, IVP, T. Rowe Price, Coatue, Accel and Y Combinator.
– The new investment will be used to expand operations and business reach.

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Developer APIs Health Care IT Infrastructure Latin America

Osana Salud raises $20M to build API-connected infrastructure for the LatAm healthcare industry

– Osana Salud, a healthcare startup, raised $20m in Series A funding.
– The round was led by General Catalyst and joined by Quiet Capital, Preface Ventures, FJ Labs, AforeVC and K50 Ventures.
– The company plans to use the funding to expand its team and build out its platform.

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Developer APIs Financial Services FinTech North America Trading Platform

Alpaca raises $50M to rapidly scale its API-delivered equities trading business

– Alpaca, a fintech startup, raised $50m in Series B funding.
– The round was led by Tribe Capital and joined by Spark Capital, Portage Ventures, Social Leverage, and Horizons Ventures.
– The company plans to secure 100 partners for its equities trading tech by the end of 2021.

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Analytics Developer APIs Developer Tools North America Predictive Analytics

Moesif Raises $12M to Help Product Leaders Build Better API Experiences

– Moesif, which provides product insights into how customers use their APIs and tooling to build better developer experiences, has announced a $12m Series A led by David Sacks and Arra Malekzadeh of Craft Ventures, the latter of whom will join Moesif’s board.
– Previous investor, Merus Capital, also participated in the round, bringing the San Francisco-based startup’s total raise to $15.5m.
– Moesif’s “bottom-up” virality within organizations has led to Moesif’s revenue growing over 20% MoM throughout 2021 as customers rely on Moesif for critical insights into user behavior.
– With the new funding, Moesif plans to hire across engineering, sales, developer relations, and customer success.

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Developer APIs Developer Tools North America Software

Postman Closes $225 Million Series D Round at a $5.6 Billion Valuation to Power the API-First World

– Postman announced that it has secured $225m in a Series D round, placing its valuation at $5.6bn.
– The round was led by existing investor, New York-based global private equity and venture capital firm Insight Partners, and joined by new investors Coatue, Battery Ventures, and BOND, along with existing investors CRV and Nexus Venture Partners.
– In addition, DoorDash Product Leader Gokul Rajaram and Freshworks Founder Girish Mathrubootham have also joined as individual investors.
– The company has now raised more than $430m across four rounds.
– Postman will use the Series D capital to expand its teams in the areas of sales, marketing, product, and engineering.

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Developer APIs Developer Platform Developer Tools Enterprise Software North America Open Source

Apollo GraphQL Raises $130M in Series D Funding

– Apollo GraphQL is a San Francisco, CA-based developer of open source and commercial GraphQL API technologies.
– Series D funding was led by Insight Partners with participation from existing investors Andreessen Horowitz, Matrix Partners, Trinity Ventures, Next47 and Hatim Shafique, Chief Customer Officer at DataBricks.
– The new investment will be used to accelerate the company’s product development efforts.

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Developer APIs Developer Platform Developer Tools Enterprise Software North America Open Source

Commercial and open source GraphQL company Apollo raises $130M

– Apollo, the GraphQL company that serves as the data graph layer connecting modern apps to the cloud, has raised $130 million in a series D round of funding at a valuation of more than $1.5 billion.
– GraphQL, for the uninitiated, was developed inside Facebook as a data query language for APIs back in 2012, constituting part of its transition from mobile web wrappers to fully native mobile apps.
– Facebook open-sourced the project in 2015, and GraphQL was later shifted under the control of the GraphQL Foundation, which in turn was taken over by the Linux Foundation.
– Today, GraphQL is used by a host of companies beyond Facebook, from Netflix, Lyft, and Shopify to Amazon, GitHub, and Atlassian.

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Artificial Intelligence Developer APIs Human Resources Machine Learning North America SaaS Software

retrain.ai Raises $7M in Funding

– retrain.ai, a NYC-based Talent Intelligence Platform, raised an additional $7m in funding.
– Backers included current investors Square Peg, Hetz Ventures, TechAviv, .406 Ventures and Schusterman Family Investments and new investor Splunk Ventures.
– The company intends to use the funds for U.S. expansion, hiring of key talent and product development.

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Developer APIs Insurance Latin America Marketplace

Guros Receives $5.8M USD in Seed Funding to Accelerate the Digitization of the Insurance Industry in Latin America

– Guros announced the closing of a $5.8m investment round, at a $30m valuation.
– The round was led by F-Prime Capital and Cometa, with participation from Clocktower and Insurify and existing investors as well.
– The funding will be used to strengthen the platform capabilities, further customize APIs for commercial partners, expand into health insurance, and grow internally across technology, product and operations.
– Guros allows consumers to gain control over their insurance policies, regardless if they are a Guros policyholder or not. The Guros wallet provides policyholders the ability to save all of their insurance information in one digital location, and car owners the ability to track taxes, speeding tickets, and driving restrictions free of charge.

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Cloud Computing Developer APIs Developer Platform North America Product Search SaaS Search Engine Semantic Search Software Vertical Search

‘Search-as-a-service’ API platform Algolia raises $150M

– Algolia has raised $110m in a series D round of funding led by Fidelity Management & Research Company, with participation from Twilio, Steadfast Capital Ventures, Glynn Capital, and Salesforce Ventures.
– The company is now valued at $1.1bn.
– Algolia enables customers like Slack, Stripe, Atlassian, and Ubisoft to build Google-like indexing and search capabilities into their own platforms through an API.
– This includes insights into user interactions and a suite of additional tools for A/B testing and analytics.
– Algolia also launched an API for machine learning-powered recommendations, the result of its recent acquisition of Romanian company MorphL.
– Indeed, MorphL specializes in predicting customer behavior on ecommerce sites and delivering personalized recommendations based on the context of a search.

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Accounting Banking Developer APIs Financial Services FinTech Mobile Payments North America Payments

Dwolla Raises $21M in Funding

– Dwolla is a Des Moines, Iowa-based modern payments platform provider.
– Company raised $21m in funding.
– The round was led by Foundry Group with participation from Park West Asset Management LLC, Union Square Ventures, Detroit Venture Partners, Firebrand Ventures and Next Level Ventures, and Jeremy Andrus, CEO of Traeger.
– The new investment will be used to conduct growth initiatives with international payments, expansive partner relationships through a partner API and further accelerate its product roadmap focused on a real-time payments experience.

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Banking Developer APIs Finance Financial Services FinTech Payments Software Western Europe

Railsbank Raises USD$70M in Funding

– Railsbank, a London, UK-based embedded finance platform provider, raised USD$70m in its latest funding round.
– The round was led by Anthos Capital with participation from Central Capital (VC arm of Indonesia’s largest privately held bank), Cohen and Company (the founder of Bancorp), and Chris Adelsbach’s new fund Outrun Ventures.
– The company will use the funds to further expand its various Embedded Finance products (Banking as a Service, Cards as a Service, and Credit as a Service) across Europe, Asia Pacific and North America.

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Developer APIs North America Software UX Design

Stytch Closes $30 Million Series A Funding Round Led by Thrive Capital

– 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.

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Developer APIs FinTech Fraud Detection North America Software

Tiger Global leads $34M investment into Unit21, a no-code fraud prevention platform

– Unit21, a startup that helps businesses monitor fraudulent activities with its no-code software, announced it has raised $34 million in a Series B round of funding led by Tiger Global Management.
– The round values San Francisco-based Unit21 at $300 million and comes nine months after the startup raised a $13 million Series A that included investments from the founders of Plaid, Chime and Shape Security as well as former Venmo COO Michael Vaughan.
ICONIQ Capital and existing backers Gradient Ventures (Google’s AI venture fund), A.Capital and South Park Commons participated in the latest funding event.

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Developer APIs E-Commerce Last Mile Transportation Logistics Marketplace Shipping Software Supply Chain Management Warehousing Western Europe

ShippyPro Raises $5M in Series A Funding

– ShippyPro from Florence, Italy raised $5m in Series A funding.
– The round was led by Five Elms Capital.
– The company plans to use the funds to continue hiring and reach 150 employees in the next 12 months, to execute on its product roadmap, which includes releasing new features to help customers optimize their fulfillment processes and save budget on logistics spend, including functionality that will focus on the CO2 impact of deliveries.

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Developer APIs Financial Services FinTech Software Western Europe

Codat raises $40M from Tiger for its SMB-focused API service

– Codat, a startup that provides APIs to link small-business fintech data to external services, announced that it has closed a $40m round led by Tiger Global.
– The company raised $10m in a Series A around a year ago; Codat also raised some strategic capital in the interim, but declined in an interview to provide more detail.
– The company also declined to provide any guidance regarding how much its valuation changed in the last year between lettered rounds.

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Developer APIs Fitness Health Care mHealth Mobile North Africa and the Middle East Software

BreezoMeter Closes $30 Million Series C to Bring Street-Level Environmental Intelligence to Consumers Through Cars, IoT Devices and Other Connected Experiences

– BreezoMeter closed its $30m Series C funding round.
– The round was led by Fortissimo Capital, an Israeli private equity investment group with $1.6 under management, together with Entrée Capital, which has backed BreezoMeter since its founding.
– Existing investors JumpSpeed Ventures, Launchpad Digital Health, AxessVentures and Eurazeo also participated in the round.
– BreezoMeter is entering the advanced stages of developing its new monitoring, forecasting and alert systems for environmental hazards, such as air pollution, pollen and fires.
– The funding will additionally fuel the development of products that transform real-time environmental data into actionable insights, so that individuals can make informed decisions about when to go outside, how to best protect themselves, which travel routes to take, and even where to live.

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Cloud Infrastructure Communications Infrastructure Developer APIs Email North America SaaS

Productivity API and automation platform Nylas raises $120 million

– Nylas has raised $120m in a series C round of funding led by Tiger Global Management.
– The raise comes amid a booming API economy, as organizations are using APIs to improve their efficiency by tapping into the wider digital ecosystem.
– Nylas offers APIs spanning email, calendar, contacts, and scheduling and includes integrations with all the major services from the likes of Microsoft, Google, AOL, Yahoo, and IMAP.
– So rather than having to develop multiple integrations for all these different services, a resource-intensive endeavor that requires ongoing maintenance and management, a CRM software maker (for example) can use Nylas’ email API to bypass all these hurdles and let sales teams send and receive emails from any provider directly through the CRM.

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Developer APIs Enterprise Software Freight Service North America SaaS Transportation

project44 Completes $202M Series E Financing

– project44, the leading supply chain visibility solutions provider, has closed a Series E investment of $202m.
– The round was led by funds managed by Goldman Sachs Asset Management (Goldman Sachs) and Emergence Capital, valuing the company at $1.2Bn.
– To date, project44 has raised $442.5M to improve supply chain trust and predictability.

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Banking Developer APIs Finance Financial Services FinTech Latin America

Belvo, LatAm’s answer to Plaid, raises $43M to scale its API for financial services

– Belvo, a Latin American startup which has built an open finance API platform, announced it has raised $43 million in a Series A round of funding.
– A mix of Silicon Valley and Latin American-based VC firms and angels participated in the financing, including Future Positive, Kibo Ventures, FJ Labs, Kaszek, MAYA Capital, VentureFriends, Rappi co-founder and president Sebastián Mejía, Harsh Sinha, CTO of Wise (formerly Transferwise) and Nubank CEO and founder David Vélez.
– In May 2020, Belvo raised a $10 million seed round co-led by Silicon Valley’s Founders Fund and Argentina’s Kaszek.

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Developer APIs Food Delivery Mobile Point of Sale Restaurants SaaS Software Western Europe

Foodetective for Business Raises $2M in Seed Funding

– Foodetective is a Geneva, Switzerland- and Paris, France-based provider of an operating platform for the restaurant industry.
– The company raised $2m in seed funding.
– Backers included angel investors Serge Schoen, Filippo Catalano, Imai Jen La Plante, and Charles Lorenceau.
– The new funding will be used to launch the company’s API.

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Developer APIs E-Commerce Freight Service Logistics North America Shipping

Arta Raises $4.5 in Funding

– Arta is a New York-based company which specializes in logistics software and fulfillment services for high-value, goods and collectibles.
– The company raised $4.5M in funding.
– The round was led by Corazon Capital, Gaingels Ventures and Flight.VC.
– The new investment will be used to accelerate product development.

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Developer APIs Developer Tools Mobile Apps Mobile Payments North America

RevenueCat raises $40M Series B for its in-app subscription platform

– RevenueCat, a startup offering a series of tools for developers of subscription-based apps, has raised $40m in Series B funding.
– The funding round was led by Y Combinator Continuity Fund and included participation from Index Ventures, SaaStr, Oakhouse, Adjacent and FundersClub, as well as Blinklist CTO Tobias Balling and Algolia CEO Nicolas Dessaigne.
– With the round, YC Continuity Partner Anu Hariharan is joining RevenueCat’s board, which today includes Index’s Mark Fiorentino in addition to the founders.
– The company offers a real-time dashboard that display key metrics, like subscription revenue, churn, LTV (lifetime value), subscriber numbers, conversions and more.

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Cloud Security Cyber Security Developer APIs Machine Learning Network Security North America

API vulnerability detection firm Salt Security raises $70M

– Salt Security has raised $70m in a series C funding round led by Advent International.
– The Palo Alto, California-based startup says it plans to use the capital to expand its global operations across R&D, sales and marketing, and customer success.
– Salt takes an approach similar — but not identical — to that of Elastic Beam, an API cybersecurity startup that was acquired by Denver, Colorado-based Ping Identity in June 2018.

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CMS Content Developer APIs North America SaaS Software

Prismic raises $20 million for its headless CMS

– Prismic, a company building a content management system, has raised a $20m Series A funding round.
– The round was led by Aglaé Ventures and Eurazeo.
– Prismic is a headless CMS.

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Developer APIs Enterprise Software Information Technology Messaging North America PaaS SMS Telecommunications Unified Communications VoIP

CPaaS Frontrunner IntelePeer Secures $110M in New Funding Bringing 18 Month Total to over $170M

– IntelePeer is pleased to announce the completion of $110M in new funding, with $75M in convertible notes and debt financing from Sixth Street Growth and $35M in equity from Savant Growth.
– The new funding allows continued execution on IntelePeer’s growth and acquisition strategy to become the world’s leading CPaaS innovator.
– IntelePeer was recently named a major player in IDC’s IDC MarketScape: Worldwide Communications Platform as a Service 2021 Vendor Assessment.

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Developer APIs E-Commerce Enterprise Software InsurTech North America

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.

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Developer APIs Mobile Apps SaaS Security Western Europe

API security startup 42Crunch raises $17M Series A led by Energy Impact Partners

– 42Crunch, an API security startup, raised $17m in a Series A round led by Energy Impact Partners.
Adara Ventures also participated.
– The company plans to use the funding to expand its sales and marketing efforts.

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Banking Developer APIs Financial Services FinTech North America Payments

Treasury Prime Raises $20M in Series B Funding

– Treasury Prime, a San Francisco, CA-based Banking as a Service (BaaS) company, completed a $20m Series B insider round.
– The round was co-led by Deciens Capital and QED Investors with participation from SaaStr Fund, Pacific Western Bank, and Susa Ventures.
– The company intends to use the funds to accelerate go-to-market programs and to expand sales, marketing, and engineering teams.
– Led by Chris Dean, co-founder and CEO, Treasury Prime is a Banking as a Service (BaaS) company that connects banks and fintechs through an API allowing developers to build and launch apps quickly.

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Apps Artificial Intelligence Augmented Reality Cloud Computing Developer APIs Enterprise Software Mobile North America SaaS Video Video Chat

SightCall Announces $42M Series B Funding

– SightCall, an AR-powered visual assistance platform, announced a closing of $42m in Series B funding.
InfraVia Capital Partners led the funding round with participation by Bpifrance.
– The company is headquartered in San Francisco.

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Blockchain Developer APIs Developer Platform North America

Alchemy raises $80M at a $505M valuation to be the ‘AWS for blockchain’

– Alchemy, a blockchain developer platform, raised $80m in Series B funding.
– The round was led by Coatue and Addition, Lee Fixel’s new fund.
– Alchemy previously raised a total of $15.5m.
– The company says it is powering the majority of the NFT industry.
– Alchemy’s investors in the round include a high-profile mix of institutions and individuals, such as DFJ Growth, K5 Global, the Chainsmokers, actor Jared Leto and the Glazer family (owners of the Tampa Bay Buccaneers and Manchester United).
– The company has already grown its business more than eightfold since it signed the Series B term sheet.

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Accounting Apps Computer Vision Construction Developer APIs Enterprise Software Intelligent Systems Mobile Apps North America SaaS Small and Medium Businesses

Veryfi Raises $12M in Series A Financing

– Veryfi from San Mateo develops a data transformation platform for the enterprise and technology corporations.
– Series A $12M round was led by NewView Capital with participation from TI Platform Management and existing investor Act One Ventures.
– The new investment will be used to expand operations and business reach.

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Developer APIs Financial Services FinTech Software Sub-Saharan Africa

Accenture Makes Strategic Investment in African Fintech Startup Okra

Accenture has made an investment, through Accenture Ventures, in Nigeria-based fintech company Okra.
– Founded in 2019 and based in Lagos, Nigeria, Okra is an open finance platform that enables developers and businesses to build personalized digital services and fintech products for customers.
– According to a previously released Accenture study, by 2025, fintech startups could capture as much as $78 billion, or 3.9% of the projected $2 trillion total global banking payments market.

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Apps Cloud Computing Developer APIs Information Technology Marketplace North America

RapidAPI Raises $60M to Support Developer Growth and Fuel Expansion of Leading API Platform

– RapidAPI announced that it has raised $60m in its Series C funding round.
– The financing was led by Green Bay Ventures and includes new investor, Stripes. Existing investors include Andreessen Horowitz, DNS Capital, M12 (Microsoft’s Venture Fund), Viola Growth, and Grove Ventures.
– The investment comes on the heels of a high-growth year for RapidAPI amidst a pandemic that drove a record number of developers and companies to the RapidAPI platform to advance their digital initiatives and accelerate the delivery of their software and services to the market.
– RapidAPI is a next-generation API platform that enables developers and enterprises to find, connect to, and manage thousands of APIs.

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Developer APIs Enterprise Software FinTech Information Technology Internet North America

Wage Raises $5M in Funding

– Wage is a San Francisco, CA-based infrastructure software solution that lets people share their payroll data with third parties.
– The company raised $5M in funding.
– The round was led by Google’s AI-focused venture fund, Gradient Ventures, with follow-on investment from 8VC, Pear Ventures, Bloomberg Beta, CoFound Partners, and executives from SoFi, Public, Zillow, and Affirm.
– The new investment will be used to scale customer acquisition and support additional payroll data partnerships.

Developer APIs Messaging Mobile North America SaaS Video Chat

Sendbird Lands $100M Series C Round

– Sendbird, the leading mobile engagement & communication company across in-app chat, voice and video, has closed $100m in Series C funding.
STEADFAST Capital Ventures led the investment round with participation from Emergence Capital, Softbank Vision Fund 2*, and World Innovation Lab also participated.
– The company was founded in 2014 and is based in San Francisco, California.

Cyber Security Developer APIs Enterprise Software North America Software

Opswat expands infrastructure protection with anti-malware tools, raises $125M

– Opswat has raised $125m in a series A round of funding led by Brighton Park Capital, the startup’s first external funding round.
– Opswat says the capital will support its R&D and hiring efforts as it looks to acquire new customers.
– More than three quarters of IT security leaders anticipate a major breach involving a critical infrastructure organization in the near future, according to a Black Hat USA survey.
– It’s estimated that 31% of organizations have experienced cyberattacks on operational technology infrastructure.
– Perhaps unsurprisingly, Gartner found that organizations planned to invest $17.48 billion in infrastructure protection in 2020.

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Developer APIs E-Commerce E-Commerce Platforms Europe Open Source

Saleor scores $2.5M seed round for its ‘headless’ e-commerce platform

– Poland and U.S.-based startup Saleor has raised $2.5m in seed funding.
– The round was led by Berlin’s Cherry Ventures, with participation from various angels.
– They include Guillermo Rauch (Vercel CEO and inventor of Next.js), Chris Schagen (former CMO of Contentful) and Kevin Mahaffey (co-founder of Lookout).
– The injection of capital will be invested in further developing Saleor‘s headless e-commerce platform, including a soon-to-launch cloud product and GraphQL API for front-end engineers.

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Banking Developer APIs Finance Financial Services FinTech North America

upSWOT Raises $4.3M in Seed Funding

– upSWOT is a fintech platform for financial institutions to improve their ability to service Small-Medium Business clients (SMBs).
– Company raised $4.3m in seed funding.

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Application Performance Management Developer APIs Developer Platform Developer Tools Information Services Information Technology North America SaaS

Tetrate, Started by Istio Founders, Raises $40 Million to Help Enterprises With Cloud-Native Application Networking Platform

– Tetrate announced today that it has raised $40m in a Series B funding round led by Sapphire Ventures.
– Other new investors, Scale Venture Partners and NTTVC, and existing investors, Dell Technologies Capital, Intel Capital, 8VC, and Samsung NEXT, participated in the round.
– The Series B funding will be used to develop advanced capabilities within Tetrate Service Bridge, the only cloud-agnostic, hybrid cloud applications networking platform.
– Funding also will support a new SaaS offering: an Istio-based platform that makes the application service mesh easier to consume.
– Additionally, Tetrate will expand go-to-market activities in the Americas and initiate go-to-market teams in Europe and Asia.

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Developer APIs Internet North America Video Chat

Fueled by the pandemic, Daily raises $15M Series A for its real-time video platform

– Daily, a video developer platform, raised $15m in Series A funding.
– The round was led by early Stripe employee-turned-investor Lachy Groom, who became connected with the startup via his portfolio company Interval.com, a Daily customer.
– Other angels and most of Daily’s seed investors also participated.
– Daily itself was founded in 2016 as a big bet on video, and WebRTC in particular, but has been boosted by the pandemic and the market shifts that resulted.
– Today, Daily is used by a number of companies focused on the future of work, like virtual office startup Tandem, virtual HQ platform Teamflow, presentation startup Pitch, pair programming tool GitDuck, virtual recruiting startup Flo Recruit and others.

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Developer APIs FinTech North America Payments Software

African payments company Flutterwave raises $170M, now valued at over $1B

– African payments company Flutterwave raised $170m in Series C funding.
– The round was led by Avenir Growth Capital and joined by U.S. hedge fund and investment firm Tiger Global, and new investors DST Global, Early Capital Berrywood, Green Visor Capital, Greycroft Capital, Insight Partners, Salesforce Ventures, Tiger Management, Worldpay FIS and 9yards Capital.
– The company has raised $225m in total.
– Flutterwave helps businesses build customizable payments applications through its APIs.

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Apps Communications Infrastructure Developer APIs Enterprise Software Messaging Mobile Mobile Apps North America SaaS Software

Stream Raises $38 Million Series B Led by Felicis Ventures

– Stream, the creator of enterprise-grade activity feed and chat APIs, today announces the close of its $38m Series B funding round, led by Felicis Ventures’ Aydin Senkut with participation from Series A lead investor GGV Capital and 01 Advisors.
– The Series B follows just six months after the company’s $15m Series A round in August 2018, bringing total financing to $53m.
– The accelerated financing rounds signal market uptake of Stream’s innovative technology as chat becomes the dominant medium for day-to-day communications.
– Stream provides APIs which enable product teams to build chat and activity feeds for their applications at scale in a fraction of the time and cost of developing in-house.

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Developer APIs Developer Tools Internet Marketing North America Printing Real Time SaaS Shipping Software Web Development

Lob Raises $50 Million in Series C Funding To Scale Its Direct Mail Platform

– Lob, the leading direct mail platform, announced that it has raised $50m in Series C funding.
– Led by long-time investor Y Combinator Continuity, this new financing round brings Lob’s total capital raised to $80m.
– Over 8,500 customers, including Twitter, Expedia, Booking.com, Betterment, Clover Health, Root Insurance and ThredUp, are using Lob’s platform to automate direct mail workflows.
– One in two U.S. households have now received mail generated from Lob’s platform, and the company is on pace to triple the amount of mail it will send in a single year.
– To continue scaling its operations, Lob is expanding its print delivery network—already the largest in America.

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Commercial Insurance Developer APIs Insurance InsurTech North America

Coterie Closes $11.5M in Series A-1 Financing

– Coterie Closes $11.5M in Series A-1 Financing
– The round was led by Intact Ventures with participation from Alpha Edison, Lackawanna Insurance Group, a subsidiary of Group1001, and previous investors, RPM Ventures, Allos Ventures, and several others.
– Coterie integrates insurance into platforms and processes that businesses already use.
– Since raising its Series A, the company has continued to team up with key platforms such as Intuit Quickbooks and Thryv to deliver business insurance through the tools and services that small business owners are already using.
– In addition, Coterie recently announced it had launched solutions to help independent agents and brokers more seamlessly sell and service small business insurance.

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Cloud Computing Cloud Data Services Developer APIs Enterprise Software North America

Kong Raises $100 Million to Accelerate Cloud Connectivity

– Kong Inc. announced it has closed $100m Series D funding.
– The round was led by Tiger Global Management with participation from existing investors Index Ventures, CRV, GGV Capital and Andreessen Horowitz as well as new investor Goldman Sachs.
– This latest round brings Kong’s total funding to $171m, tripling its valuation to $1.4bn since the Series C round.
– The company will use the capital to scale its go-to-market operations, grow world-class Engineering and Customer Experience teams, and accelerate cloud connectivity with its new SaaS-based Kong Konnect service connectivity platform.
– Kong Konnect is a full-stack service connectivity platform designed for cloud native applications and delivered as a service.

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