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Hospitality North America Transportation Travel

Cabana Raises $10M in Series A Funding

– Cabana, a Seattle, WA-based travel tech startup that has built a fleet of mobile hotel rooms, raised $10M in Series A funding.
– The round was co-led by Craft Ventures and Goldcrest Capital with participation from Launch, Castor Ventures, Gaingels, Nordic Eye, and other strategic angels and syndicates.
– The new investment will be used to further expand in new markets and add 100 vehicles to the fleet.

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Compliance Cyber Security Internet North America Software

Drata Raises $25M in Series A Funding

– Drata is a security and compliance automation company.
– Company raised $25M in Series A funding.
– The round was led by GGV Capital with participation from new investors Okta Ventures and Silicon Valley CISO Investors (SVCI), as well as insiders Cowboy Ventures and Leaders Fund, along with several strategic investors and security practitioners.
– The new investment will be used to hire across key go-to-market functions and expand the platform beyond SOC 2 into ISO 27001, the European compliance counterpart, as well as additional security frameworks.

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Australia and Oceania Courier Service Delivery Logistics

Sendle Raises $35M in Series C Funding

– Sendle, a Sydney, Australia- and Seattle, WA-based carbon neutral shipping carrier for small business, raised $35m in Series C funding.
– The round was led by AP Ventures alongside returning investors including Federation, Full Circle and NRMA.
– The company intends to use the funds to build out its U.S. network of logistics, delivery, and technology partners.

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Information Technology North America

Hive Pro Raises $3M in Seed Funding

– Hive Pro, a Milpitas, Calif.-based creator of Predictive Vulnerability Analytics (PVA), raised $3m in seed financing.
– The round was led by Simpra Holdings.
– The company intends to use the funds to expand its presence across Europe and Asia.

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Analytics Artificial Intelligence Big Data Content Data Visualization Machine Learning Natural Language Processing North America

Primer Secures $110M In Series C Funding

– Primer is a Natural Language Processing (NLP) company based in San Francisco, CA.
– Company closed a $110M Series C funding round.
– The round was led by Lee Fixel’s Addition with participation from Steadfast, Sands Capital, and Hank Crumpton, former Ambassador-at-Large and US Coordinator for Counterterrorism.
– The new funding will be used to expand operations, stepping up recruiting efforts both in the US and globally, and its business reach.

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Advertising Creative Agency North America Software

Moth+Flame Raises $2.5M in Seed Funding

– Moth+Flame from NYC develops SaaS immersive training platforms to offer adaptive learning programs for hard and soft skills in both the public and private sector.
– The company closed a $2.5m seed funding round.
– The round was led by Bee Partners with participation from First In, Meeting Street Capital, Service Provider Capital, Spacecadet, and Dan Farah, producer of Ready Player One.
– The new investment will be used to hire key strategic hires in sales and development.

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Health Care Health Insurance North America Personal Health

Bicycle Health Raises $27M in Series A Funding

– Bicycle Health, a Boston, MA-based virtual care provider of evidence based treatment for opioid use disorder (OUD), raised $27M in Series A funding.
– The round was led by Questa Capital with participation from City Light Capital, Emily Melton and previous investor SignalFire.
– The company will use the capital to expand its clinician network, partner with additional payers, invest in research and continue building local community partnerships to reach those without other treatment options.

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Content Digital Media Media and Entertainment North America

WaitWhat Raises $12M in Series B Funding

– WaitWhat from NYC is a media invention company.
– The company raised $12m in Series B funding.
– The round was led by Raga Partners with participation from Emerson Collective, Lupa Systems, Capital One Ventures, Maywic Select Investments, GingerBread Capital, Burda Principal Investments, Cue Ball Capital and Reid Hoffman.
– The new investment will be used to accelerate development of the company’s technology products, membership programs and partnerships that extend the core IP into multi-format media experiences.

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Internet North America

TheLoops Raises $8.75M in Seed Funding

– TheLoops is a San Jose, CA-based intelligent support operations platform.
– Company raised $8.75m in seed funding.
– The round was led by Dell Technologies Capital with participation from Tidal Ventures and Westwave Capital.
– The new investment will be used to scale the company’s research and development and go-to-market operations to accelerate adoption of its Intelligent support operations platform.

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Analytics Human Resources North America Software

Pequity Raises $19M in Series A Funding

– Pequity is a San Francisco, Calif. – based intelligent compensation platform that allows companies to create fair and competitive compensation programs.
– The company raised $19m in Series A funding.
– The round was led by Norwest Venture Partners with participation from First Round Capital, Designer Fund, and Scribble Ventures.
– The new investment will be used to continue investing in product development and expand its hiring.

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Industrial Engineering Mechanical Engineering North America

Aeroseal Raises $22M in Series A Funding

– Aeroseal, LLC from Dayton develops technologies to seal ducts and walls.
– Company raised $22m in Series A funding.
– The round was led by Breakthrough Energy Ventures with participation from Energy Impact Partners and Building Ventures.
– The new investment will be used to scale the company’s R&D, marketing team, and increase support of its dealer network.

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Employment Human Resources North America Software

Oyster Raises $50M Series B Funding Round

– Oyster is a London, UK- and San Francisco, CA-based provider of a human resources platform.
– The company raised $50m in Series B funding.
– The round was led by Stripes with participation from Emergence Capital and The Slack Fund with the addition of Avid Ventures.
– The new investment will be used to expand its HR platform to more countries around the world.

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Health Care Home Health Care Hospital North America SaaS Software

AlayaCare Raises $225 Million to Accelerate the Digital Transformation of Home Health Care

– AlayaCare, a global home and community care software company, announced a $225m CAD Series D funding round led by Generation Investment Management LLP with participation from Klass Capital and incumbent investors Inovia Capital, CDPQ, and Investissement Québec.
– The US is now the fastest-growing part of AlayaCare’s business, representing 7x growth in the last 24 months.
– AlayaCare will use the funding to continue global expansion, hire additional staff and further invest in innovation capabilities to build a more complete post-acute offering in addition to products that help solve labour market issues around employee shortages and churn.
– The transaction was supported by TD Securities Inc. as exclusive financial advisor, Aust Legal, and Stikeman Elliott LLP who acted as advisors for AlayaCare.

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North America Predictive Analytics Property Management Real Estate

Vero Raises $5M In Series A Funding

– Vero is a NYC-based leasing infrastructure for owners and renters.
– The company raised $5m in Series A funding.
– The round was led by Eleven Capital with participation from strategic investors LeFrak and A&E.
– The new investment will be used to expand the team and fuel product growth.

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Fashion North America Retail

The Renewal Workshop Closes $6M Funding Round

– The Renewal Workshop from Cascade Locks, Oregon is a technology enabled service provider that powers circular business for brands.
– Company raised $6m in funding.
– Backers included Rubio Ventures, Shift Invest, Quadia, Closed Loop Partners, Gratitude Railroad, Portland Seed Fund, Fashion for Good, DOEN, Mosiaco Management, Mistletoe, and Volta Circle.
– The new investment will be used to continue to expand operations and its business reach.

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B2B Machine Learning Marketing North America Software

Tomi.ai Raises $1M in Pre-Seed Funding Round

– Tomi.ai is a martech startup based in Palo Alto, CA.
– The company raised $1M in Pre-Seed funding.
– The round was led by AI-focused funds Begin Capital and the Phystech Leadership Fund (PLF).
– The new funding will be used to grow the team and accelerate product development.

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Biotechnology Health Care North America Pharmaceutical

Tvardi Therapeutics Raises $74M in Series B Financing

– Tvardi Therapeutics, Inc. from Houston, Texas is a clinical-stage biopharmaceutical company focused on the development of STAT3 inhibitors.
– The company closed a $74m Series B funding.
– The round was led by new investors Slate Path Capital, Palkon Capital, ArrowMark Partners, and 683 Capital with participation from existing investors including Sporos Bioventures.
– The new investment will be aimed at advancing its product candidates through multiple clinical data readouts in mid-stage trials for cancer and fibrosis.

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Information Technology North America

Lender Compliance Technologies Raises $4.15M in Series A Funding

– Lender Compliance Technologies, a Dallas, TX-based company that specializes in compliance solutions for automotive, RV, marine, and powersports lenders, raised $4.15m in Series A funding.
– The round was led by a team of seasoned software entrepreneurs and joined by Automotive Ventures and Driven Capital Partners.
– The company intends to use the funds for the ongoing development of its technology solutions to help lenders mitigate regulatory risks.

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Financial Services FinTech Information Technology Payments Western Europe

Kaiko Closes $24M in Series A Funding

– Kaiko is a Paris-based cryptocurrency market data provider.
– The company raised $24m in Series A funding.
– The funding was led by Anthemis and Underscore VC with participation from Point Nine, Alven and Hashkey Capital.
– The company intends to use the funds to continue hiring in the areas of product, institutional sales, business development, and engineering and support expansion into North American and Asian markets.

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Banking Compliance Financial Services FinTech Payments Western Europe

Hawk AI Raises $10M USD in Series A Led by BlackFin Capital Partners to Fuel Global Expansion for Its AI-Based AML Platform

– Hawk AI announced that it has raised $10m USD in its Series A funding, with fintech specialist BlackFin Capital Partners leading the investment round and Picus Capital expanding its existing share.
– Hawk AI is Germany’s leading software platform for banks, payment firms and fintechs for the detection of transactions linked to financial crime.
– The software identifies patterns of suspicious activity in financial transactions with the help of artificial intelligence and provides anti-money-laundering experts with highly relevant, actionable alerts.
– Hawk AI eliminates false alerts by applying fully transparent and auditable Machine Learning to deliver significant process efficiencies.
– Hawk AI aims to become the leading compliance platform for transaction surveillance.

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Clinical Trials Health Care Medical Medical Device Western Europe

Quanta Raises $245 Million to Accelerate Commercialization of its SC+ Portable Hemodialysis System

– Quanta Dialysis Technologies announced that it has raised $245m in an oversubscribed and upsized Series D round.
– The round was led by Glenview Capital and co-led by Novo Holdings, with support from a broad group of other top-tier investors.
– Quanta’s award-winning portable hemodialysis system SC+ is the only next-generation system that delivers the performance and dose equivalence of larger, traditional dialysis systems—with on-demand dialysate production and high dialysate flow rates—while also offering the portability, digital connectivity and ease-of-use of a next-generation dialysis device.
– The funding will allow Quanta to accelerate its emergence as a significant force in this market.

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Call Center Collaboration CRM SaaS Software Telecommunications VoIP Western Europe

Aircall Raises $120M in Series D; Valued Above $1 Billion

– Aircall, a NYC-based cloud-based voice platform for companies across the globe to manage customer support and sales calls, raised $120m in Series D funding.
– The round was led by the Growth Equity business within Goldman Sachs Asset Management, and joined by most current investors (DTCP, eFounders, Draper Esprit, Adams Street Partners, NextWorld Capital, Gaia Capital Partners).
– The new investment will be used to enrich its app ecosystem, specifically with new integrations covering all use cases, from e-commerce to financial services, Sales, Support, etc.

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Biotechnology Health Diagnostics Medical Device Western Europe

Leukocare Raises USD 17.5M in Financing

– Leukocare AG, a Martinsried/Munich, Germany and Milford, MA, USA-based biotechnology company specialized in the field of biopharmaceutical formulation development, closed a USD 17.5m (€14.6m) financing.
– The round was led by Petrichor Healthcare Capital Management with participation from existing shareholders.
– Proceeds will be used to accelerate Leukocare’s US expansion activities, bolster the company’s expertise in the fields of viral vector and vaccine formulation, as well as the emerging field of mRNA formulation, and to expand its suite of bioinformatics capabilities.

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Apps Continuing Education EdTech Education Western Europe

GoStudent Raises €205M in Series C Funding; At €1.4 Billion Valuation

– GoStudent is a Vienna, Austria-based edtech company.
– The company raised €205M in Series C funding.
– The round was led by new investor DST Global with participation from new investors SoftBank Vision Fund 2, Tencent, Dragoneer and existing investors Coatue, Left Lane Capital and DN Capital.
– The new investment will be used to further develop its presence in Europe, expand overseas, launching in Mexico and Canada this summer, and invest in branding, product development and first acquisitions.

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CleanTech Laundry and Dry-cleaning Western Europe

Oxwash Raises Additional £2.08M in Seed Funding

– Oxwash is a green tech startup from Oxford, UK.
– The company raised $3M in seed funding.
– Investors included: Future Positive Capital (NYC/SF), Clean Ventures (NYC), Conduit-Ascension EIS Impact Fund, Holly Branson, Chief Purpose & Vision Officer Virgin Group, Sam Branson, Filmmaker, Musician & Philanthropist, Pentland Group (Berghaus and Speedo), Leon Lewis (River Island), and Paul Forster, founder of Indeed.com.
– The company, which has raised £5.2M ($7M) to date, intends to use the funds to expand the team, invest in proprietary technology and accelerate plans for national expansion.

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Asset Management Blockchain Cryptocurrency Lending Western Europe

Tesseract Raises $25M in Series A Funding

– Tesseract from Helsinki is an institutional digital asset lending company in Europe and emerging markets.
– The company raised $25m in Series A funding.
– The round was led by Augmentum Fintech with participation from Icebreaker.vc, BlackFin Capital Partners, Concentric, DN Capital, Jabre Capital Partners, LeadBlock Partners, Sapphire Ventures, Coinbase Ventures, Wintermute and Woorton as well as undisclosed local and international investors and strategic angels.
– The new investment will be used to develop the company’s institutional offerings and cross-trading venue margin lending platform even further, hire new talent to develop new and existing partnerships, and to boost innovation in new undisclosed financial products.

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Artificial Intelligence Internet of Things North America Oil and Gas

Award-Winning Technology Firm mIQrotech Oversubscribes Series A Funding Round

– mIQrotech announced the close of an oversubscribed Series A financing round that exceeded its fundraising target of $6m by nearly double.
– This investment will enable mIQrotech to scale up product development to meet its rapidly increasing market demand.
– The company is quickly disrupting the oil and gas industry by innovating pipeline optimization and preventing pipeline leaks.
– With additional support as a Chevron Technology Ventures Catalyst Program Participant, mIQrotech is quickly approaching unicorn status.

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Digital Entertainment Digital Media Marketplace Music Music Streaming North America

Songtradr Raises $US50M in Series D Funding

– Songtradr is a B2B music licensing marketplace.
– The company raised $50M in Series D funding, bringing total funding to over $100M.
– The round was led by Regal, Aware Super, Perennial, Argo and Greencape, as well as Founder/CEO of Wisetech Global (ASX: WTC), Richard White.
– The new investment will be used to expand the company’s growth organically and through acquisitions.

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E-Commerce Information Technology Internet North America

Mobile commerce startup Via rounds up $15 million in Series A funding

– Via, a two-year-old, Bay Area-based startup, raised $15m in Series A funding.
– The round was led by Footwork, the new venture firm co-founded by former Stitch Fix COO Mike Smith and former Shasta Ventures investor Nikhil Basu Trivedi.
– Other participants in the round include Peterson Ventures; famed founder Josh James of Domo; and a long list of other notable individual investors, including Ryan Smith of Qualtrics and Lattice co-founder and CEO Jack Altman.
– Via helps brands interact with customers on the devices and apps they use most often.

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Cloud Infrastructure Information Technology North America Open Source SaaS Software

Robocorp Closes $21M Series A Investment Round and Launches Robocorp Control Room, a Self-Managed Bot Automation Platform

– Robocorp, the open-source process automation platform, has closed a $21m Series A investment round led by Canvas Ventures with participation from Benchmark, Uncorrelated Ventures, Slow Ventures, Firstminute Capital, Harpoon Ventures, Artisanal Ventures, Haystack Ventures and a host of angels in the intelligent automation and open source space.
– Additionally, Robocorp is releasing Robocorp Control Room, a self-managed automation orchestration platform for solutions integrators, robots-as-service providers, and enterprises that want to power automations at scale with governance and control.
– Businesses are looking to automate manual tasks and tedious processes for business functions that include HR, IT, finance, data management, customer communications, and IT operations. In fact, 50% of CIOs will be accelerating robotization and automation by 2024 according to IDC.

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Financial Services North America

Vantage raises $4M to help businesses understand their AWS costs

– Vantage, a service that helps businesses analyze and reduce their AWS costs, announced that it has raised a $4 million seed round led by Andreessen Horowitz.
– A number of angel investors, including Brianne Kimmel, Julia Lipton, Stephanie Friedman, Calvin French Owen, Ben and Moisey Uretsky, Mitch Wainer and Justin Gage, also participated in this round.
– Vantage started out with a focus on making the AWS console a bit easier to use — and help businesses figure out what they are spending their cloud infrastructure budgets on in the process.

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Bioinformatics Biopharma Biotechnology North America

TRexBio Closes the Final Tranche of $59 Million Series A Financing to Advance Innovation in Tissue Immunobiology for the treatment of Cancer and Inflammatory Diseases

– TRexBio, a discovery stage company decoding human tissue immune biology to create revolutionary therapeutics, announced the successful close of the final tranche of a $59m Series A financing.
– Proceeds from the financing will be used to expand the company’s unique discovery platform that maps human tissue regulatory T cell (Treg) behavior to dysregulation in disease, and to advance its six preclinical therapeutic programs.
– Investors include Eli Lilly and Company, SV Health, Johnson & Johnson Innovation, Pfizer Ventures, and Alexandria Venture Investments.
– TRexBio also announced the appointment of Johnston Erwin as Chief Executive Officer, and Ovid Trifan, M.D., Ph.D., as Chief Medical Officer, as part of the company’s plan to accelerate growth.

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Australia and Oceania Banking Financial Services FinTech Payments

Australian fintech Zeller lands $50M AUD led by Spark Capital at a $400M AUD valuation

– Zeller, a fintech company, raised $50m funding.
– The round was led by Spark Capital and joined by Square Peg, Apex Capital Partners and Addition.
– It brings Zeller’s total raised in less than a year to $81m.
– The company launched its first products for small businesses on May 4, including EFTPOS (electronic funds transfer at point of sale) terminals, business accounts and cards.
– About 80% of businesses that started using Zeller switched from Australia’s four biggest banks, citing their desire for lower fees and better customer support.
– Zeller’s new funding will be used to grow its research and engineering hub, including filling 18 new engineering roles that will support Zeller’s plan to become a fully regulated business bank.

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Consumer Goods E-Commerce Machine Learning North America Sales Software

E-Commerce Management Platform CommerceIQ Closes Series C Round, Plans to Scale India Operations

– CommerceIQ announced the closing of a $60M Series C funding round.
– The round will fund international expansion and product research and development focused on further maximizing brand revenue and profitability on Amazon, Walmart, Instacart, Target and other online marketplaces.
– The company also intends to significantly scale its India operations, with additional key hires in Software and Product Development, Data Science & Analytics, Product Operations and Support.
– With a 40% growth in e-commerce this year alone, it is imperative that brands apply automation and machine learning to manage their business online.
– The platform ties together multiple functions – sales, advertising, supply chain operations – and drives large scale automations across the e-commerce operation.

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Health Care Medical North America

Inspired by founder’s childhood asthma, NuvoAir raises $12M to tackle respiratory illnesses

– NuvoAir, a Boston-based startup, raised $12m in Series A funding.
– The round was led by AlbionVC and joined by KAYA, Amino Collective and existing shareholders Spiltan, Industrifonden and dRx Capital.
– The company offers a combination of a Bluetooth-enabled spirometer that remotely monitors lung function; a sensor that attaches to asthma and COPD inhalers; and an integration with Fitbit devices.
– It also includes data from NuvoAir Cough, which assesses changes in nighttime coughing.
– Its business model is enabling health plans, insurance companies and healthcare systems to reduce the cost of managing their most severe respiratory patients, and also managing the care they provide.

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Biotechnology North America Pharmaceutical Therapeutics

Enveda Biosciences Closes $51M Series A Financing Led by Lux Capital

– Enveda Biosciences announced an oversubscribed $51M Series A funding round.
– The financing was led by Lux Capital with participation from Two Sigma Ventures, Hummingbird VC, Catalio Capital, Lifeforce Capital, and Matthew De Silva of Notable Labs along with existing investors True Ventures, Wireframe Ventures, Village Global, and Chris Gibson of Recursion.
– Nature is the greatest source of therapeutics we know, yet 95 percent of the natural world is a chemical mystery. Enveda is systematically exploring this unknown space to unlock its potential for new medicines with the first high-resolution chemical map of the natural world.
– This new investment will further power Enveda’s data-driven approach to screening, validating, and developing high-potential natural compounds into first-in-class clinical candidates.

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Laser Manufacturing North America Robotics

Seurat Technologies Closes $41 Million Series B Round Led by Capricorn’s Technology Impact Fund

– Seurat Technologies announced it has closed a $41m Series B round of funding led by Capricorn’s Technology Impact Fund.
– The funds will be used to further accelerate the development and commercialization of Seurat’s pioneering metal additive manufacturing technology, Area Printing™.
– Seurat previously raised $13.5m in Series A financing led by True Ventures in January 2018.
– Seurat’s Area Printing technology is a groundbreaking metal additive manufacturing process with enormous potential for infinite scalability.
– Seurat’s Area Printing process is differentiated from existing technology in that it focuses over two million points of laser light on a bed of metal powder—each point fully controllable in power and duration—to create production grade, fully functional components.

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Apps Banking Financial Services FinTech Mobile Payments North America

MAJORITY raises $19 million for its mobile banking service for migrants

– MAJORITY, a mobile banking service, raised $19m in its seed funding.
– The round was led by Valar Ventures while Avid Ventures, Heartcore Capital and several prominent Nordic fintech unicorn founders participated in it.
– The two-year-old startup operates an eponymous mobile banking service.
– MAJORITY, whose name is a play on bringing financial inclusion to more people, runs a subscription service where it charges $5 a month to individuals and provides them with a range of financial services, including an FDIC-insured bank account with early direct deposit at no overdraft fee, a debit card, mobile credit and at-cost international phone calls.

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North America Retail

Proof Authentication Announces Close of Series A Funding and Appointment of Brand Protection Veteran Dan McKinnon as New CEO

– Proof Authentication Corporation announced that Dan McKinnon has been appointed as CEO in connection with its recently closed Series A financing.
– Prior to joining Proof, Dan was the Head of Global Brand Protection at New Balance, one of the world’s largest sports footwear and apparel manufacturers.
– NYC-based VCFA Group led the round.
– The financing will also provide growth capital to help Proof achieve its mission of engineering the world’s premier anti-counterfeiting authentication solutions.

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Electrical Electronic Manufacturing North America

Live video platform Videon lands $7.3M, hires new CEO and plans to open co-HQ in Seattle

– Videon, a live streaming video infrastructure company, raised $7.3m in funding.
– The round was led by Voyager Capital and joined by other investors.
– The company plans to expand its senior leadership, engineering, marketing, and sales teams with the cash.
– Videon says its broadcast-quality, ultra-low latency live video solutions are used in sports, news, emergency services, and houses of worship across more than 19 countries.

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B2B Business Intelligence CRM Marketing Automation North America Software

Business software marketplace G2 raises $157M

– Business software intelligence marketplace G2 (formerly known as G2 Crowd) has raised $157m in a series D round of funding.
– The company is probably better known as a sort of “Yelp for business software,” serving as a public-facing portal to garner insights, feedback, and reviews spanning thousands of popular applications.
– This includes the ability to compare and contrast similar software to help reach a buying decision.
– According to G2 cofounder and CEO Godard Abel, a recent survey it carried out revealed that 94% of enterprise software buyers “don’t trust vendor sales and marketing people,” a statistic that could probably apply to just about any software vertical across the business and consumer spheres.

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Computer North America Software

Vehicle Tracking Solutions Secures $70 Million Investment from LLR Partners

– Vehicle Tracking Solutions announced a $70m investment from LLR Partners.
– The capital will be used to help accelerate growth for IntelliShift, a division of VTS, by fueling innovation, expansion in North America and an enhanced focus on the customer experience for digitizing and transforming fleet and safety management.
– VTS’s connected fleet and safety operations solutions are used by more than 3,000 customers from emerging small businesses to complex, regulated organizations with thousands of vehicles and assets.
– VTS will operate as an independent platform company, pursuing growth organically as well as through potential acquisitions.

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Health Care North America Transportation

Ride Health Raises $10M in Funding

– Ride Health, a NYC-based provider of smarter transportation for every patient need, closed a $10m funding round.
– The round was led by Topmark Partners with participation from Excelerate Health Ventures and debt financing from Bridge Bank, alongside participation from existing investors led by Activate Venture Partners and Newark Venture Partners.
– The new investment will be used to continue investment in expanding its national transportation network, benefit management system, and platform APIs.

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Apps Internet North America Software

ResQ raises $7.5 million to make back of the house top of mind

– ResQ, a startup that helps restaurants repair and service their equipment through contractor work, raised $7.5m funding.
– The round was led by Homebrew, Golden Ventures and Inovia Capital.
– Participating angel investors include Nilam Ganenthiran, president at Instacart; Gokul Rajaram, DoorDash executive and board member of Pinterest and Coinbase; as well as customers, including Soul Foods, a global franchisee of Yum! Brands.
– ResQ has now raised $9m in known venture capital to date.
– The capital will primarily help ResQ double or triple its 60-person team across engineering, sales and operation roles.
– The company will also earmark money toward launching in new markets, building atop its current presence in San Francisco, LA, Dallas, Chicago and Phoenix.

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Computer Network Security Western Europe

Edgeless Systems Raises €1.45M in Seed Funding

– Edgeless Systems from Bochum develops an open-source software stack for cloud-native confidential computing.
– The company raised €1.45M in seed funding.
– Backers included Acequia Capital (US), Inventures (DE), SIX Group AG (CH), Venture Creator (DE), and individual angel investors.
– The new investment will be used to expand the 12-member team on both cengineering and business site and expand its office capacities in Bochum and remotely.

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Artificial Intelligence Machine Learning Software Western Europe

Memory.ai, the startup behind time-tracking app Timely, raises $14M to build more AI-based productivity apps

– Memory.ai, a productivity startup, raised $14m funding.
– The round was led by local investors Melesio and Sanden, with participation from Investinor, Concentric and SNÖ Ventures.
– The company plans to launch its next apps Dewo and Glue later in the year.

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Information Services Information Technology North America

Merlyn Mind emerges from stealth with $29M and a hardware and software solution to help teachers with tech

– Merlyn Mind is a startup that is coming out of stealth with a proposition that it believes helps tie a lot of this together in the K-12 classroom — a “digital assistant” that comes in the form of a piece of custom hardware and software to “read” natural voice and remote control commands from a teacher to control multimedia apps on a screen of choice.
– The company has raised $29m in funding.
– The funding is led by specialist edtech investor Learn Capital, with other unnamed investors participating.
– It comes after Merlyn Mind spent about three years quietly building its first release and more recently piloting the service in 50+ classrooms in more than 20 schools.

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Health Care Hospital Medical North America

Spiras Health Receives $14MM Series B Funding, Led by NEA

– Spiras Health announced a $14MM Series B funding round led by NEA, with participation from existing investors Altitude Ventures, FCA Venture Partners, and other strategic investors.
– The company will leverage the financing for new market launches, sales and marketing team build, R&D with technological development and strengthening its management team.
– Spiras Health is a provider of in-home and virtual healthcare solutions for patients with complex chronic conditions.
– The company has a refined clinical model for expansion into more markets with health plan partners.
– Their clinical teams address avoidable costs by bringing personalized services to the patient, increasing access, and improving quality of care through a highly efficient and scalable delivery model.

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Cyber Security Fraud Detection Identity Management Information Technology North America Security

Transmit Security Secures $543M in Series A Funding

– Transmit Security, a Tel Aviv, Israel- and Boston, MA-based Identity Experience company, raised $543m in Series A funding.
– The round was led by Insight Partners and General Atlantic, with participation from Cyberstarts, Geodesic, SYN Ventures, Vintage, and Artisanal Ventures.
– The new investment will be used to increase the company’s reach and expand its primary business functions, investing in key global areas in order to grow the organization.

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Blockchain Cryptocurrency Finance Financial Services FinTech Information Technology North America

Securitize Raises $48M in Series B Funding

– Securitize, Inc. from Miami, FL raised $48m in Series B funding.
– The round was co-led by Blockchain Capital and investment funds managed by Morgan Stanley Tactical Value, which were joined by new investors Ava Labs, IDC Ventures, Migration Capital, NTT Data and Sumitomo Mitsui Trust Bank and existing investors Blockchain Ventures, Borderless Capital, Global Brain, Mouro Capital, Ripio, Ripple and SPiCE VC.
– The company will add Pedro Teixeira, Co-Head of Morgan Stanley Tactical Value, to its Board of Directors.

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Apps Artificial Intelligence Education Health Care Information Technology Medical North America

Cleerly Raises $43M in Series B Funding

– Cleerly, a NYC-based company creating a new standard of care for heart disease, launched with $43m in Series B funding.
– The round was led by Vensana Capital with participation from LRVHealth, New Leaf Venture Partners, DigiTx Partners, the American College of Cardiology, Cigna Ventures, and existing investors.
– The company intends to use the funds to scale its commercial reach, expand operational capabilities and strategic partnerships, and continue to grow its focus on research and development.

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Hospital Information Services Medical North America

BEKHealth Raises $4M in Funding

– BEKHealth is a Stamford, Conn.-based AI-powered clinical research software platform.
– The company raised $4m in funding.
– The round was led by Excelerate Health Ventures with participation from syndicate partners Boston Millennia Partners, Connecticut Innovations and Martin Ventures, as well as Change Healthcare.
– The new investment will be used to accelerate the company’s growth and expansion.

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Artificial Intelligence Call Center Energy Financial Services Information Technology Machine Learning Natural Language Processing Software Speech Recognition Western Europe

Aveni Detect Raises £1.1M in Funding

– Aveni Detect from Edinburgh, Scotland, UK developed a speech analytics platform for financial services.
– The company raised £1.1m in funding.
– The round was led by TRICAPITAL Angel syndicate, supported by Scottish Enterprise’s Growth Investments, Old College Capital and Wallace Equity.
– The company intends to use the funds to launch an AI tool to help identify vulnerable customers, move beyond financial services into other regulated industries, whilst building a team to support its UK expansion.

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Artificial Intelligence Biotechnology Eastern Asia Genetics Health Care Pharmaceutical

Insilico Medicine Raises $255 Million in Series C Financing Led by Warburg Pincus

– Insilico Medicine announced that it has closed a $255m Series C.
– The financing led by Warburg Pincus, and participated by current investors including Qiming Venture Partners, Pavilion Capital, Eight Roads Ventures, Lilly Asia Ventures, Sinovation Ventures, BOLD Capital Partners, Formic Ventures, Baidu Ventures, and new investors including CPE, OrbiMed, Mirae Asset Capital, B Capital Group, Deerfield Management, Maison Capital, Lake Bleu Capital, President International Development Corporation, Sequoia Capital China and Sage Partners.
– The financing will be used to progress Insilico Medicine’s current therapeutic programs into human clinical trials, initiate multiple new programs for novel and difficult targets, and further develop its AI and drug discovery capabilities.

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Event Management Events North America Software

Curate Raises $1.25M in Seed Funding

– Curate is a Chicago, IL-based sales and operations platform for creative small businesses.
– The company raised $1.25m in seed funding.
– The round was led by OCA Ventures, with participation by Square co-founder Jim McKelvey, Cultivation Capital, and Stout Street Capital.
– The new investment will be used to double the company’s employee count from 16 to 32 with a focus on investing in infrastructure and product development.

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FinTech Information Technology North Africa and the Middle East SaaS Software

DataRails Raises Additional $25M; Extends Series A Funding To $43.5M

– DataRails from Tel Aviv provides an FP&A solution for SMEs.
– The company raised $25m in Series A extension.
– The round was led by Zeev Ventures, Vertex Ventures Israel, and Innovation Endeavors, as well as Vintage Investment Partners.
– The company intends to use the funds to expand operations and its business reach.

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Biotechnology E-Commerce Health Care Marketplace North America

Labviva Raises $8M in Seed Funding

– Labviva is a Cambridge, Mass.-based SaaS application for healthcare procurement.
– The company raised $8M in seed funding.
– The round was led by Senator Investment Group, with participation from B Capital Group | Ascent and Glasswing Ventures.
– The new investment will be used for further development of the platform with new product lines, including investment in operations and customer success platforms.

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Journalism Marketing North America Public Relations

Qwoted Closes $3M Seed Funding Round

– Qwoted, a NYC-based platform for journalists to connect with brands, small businesses and industry experts, raised $3m in seed funding.
– The round was led by Third Prime with participation from Gaingels, Prosek Venture Partners and Vested, a consortium of communications firms including Integral, Caliber Corporate Advisers, Haymaker PR, FHS Partners and Red Lab, and additional investors Caleb Silver, Editor in Chief of Investopedia, David Siegel, CEO of MeetUp and Tom Rovak, Senior Advisor toFahrenheit 212.
– The company intends to use the funds to enhance its technology capabilities and add premier talent to its sales, marketing and media success teams, to build brand awareness and onboard new customers.

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Health Care Wellness Western Europe

Kiteline Raises £370K in Funding

– Kiteline, formerly known as Liminal Health, is a UK-based healthtech company.
– The company raised £370k in funding from SFC Capital and VC Antler.
– The funding will be used to accelerate the company’s smart coach matching service and content.

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Data Center Enterprise Applications Enterprise Software Information Technology Infrastructure North America Software

Robin.io Raises $38M in Series C Funding

– Robin.io, a San Jose, CA-based leader in Kubernetes-based cloud-native 5G, edge and enterprise application management, closed a $38M Series C funding round.
– The round was led by Rakuten Capital and joined by Clear Ventures, Emory University, Raine Next-Gen Communications and current investors.
– This latest major backing for the company comes as bookings growth at Robin.io has surpassed 400% quarter-over-quarter when comparing the first two quarters of the current fiscal year.

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Freight Service Logistics Real Time Shipping Software Supply Chain Management Transportation Western Europe

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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Financial Services North America

ClearEstate Raises C$2.5M in Seed Extension

– ClearEstate from Montreal is a digital-first estate settlement platform for North American executors.
– The company raised $2.5m in seed extension funding.
– Investors included Anthem Partners, Torstar Corporation, Triangle Capital Corporation, NAventures and Diagram Ventures.
– The new funding will be used to launch the platform and expand its business reach across the United States and Canada.

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Biotechnology Diabetes Health Care Medical North America Therapeutics

ViaCyte Raises $45M in Funding

– ViaCyte, a San Diego CA-based regenerative medicine company, raised $45M in Series D funding.
– The round, which brought total Series D to more than $115m, includes participation from existing investors Bain Capital Life Sciences, TPG Capital, RA Capital Management, Sanderling Ventures, Adage Capital Partners, Invus Group, Asymmetry Ventures, and Artis Ventures.
– The company intends to use the funds to advance its portfolio of stem cell-derived therapies designed to provide a functional cure for patients with type 1 diabetes.

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Biopharma Biotechnology Medical Pharmaceutical Southeast Asia

Nuevocor closes US$24M Series A Financing to Advance Novel Gene Therapies for Cardiomyopathies

– Nuevocor has announced the completion of an oversubscribed $24m Series A financing round.
– The round was co-led by EVX Ventures and Boehringer Ingelheim Venture Fund (BIVF), with EDBI, Xora Innovation, SEEDS Capital and other investors joining the syndicate.
– Funds will be used to accelerate the preclinical development of its lead programme, an adeno-associated virus (AAV) – based gene therapy for patients suffering from dilated cardiomyopathy (DCM) due to mutations in the lamin A/C (LMNA) gene.

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Education Financial Services FinTech North America

Splash Financial Raises $44.3M in Series B Funding

– Splash Financial is a digital lending platform that allows borrowers to shop and compare financial products from a network of lenders.
– The company secured $44.3m in Series B funding.
– The round was led by DST Global and Citi Ventures, with participation from Detroit Venture Partners, Firebolt Ventures, and existing investors CMFG Ventures and Northwestern Mutual Future Ventures.
– The new investment will be used to further accelerate growth within its lender network and automated underwriting platform.

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Australia and Oceania Financial Services Insurance InsurTech

handdii Raises $3M in Seed Funding

– handdii, a San Francisco, CA-based property claims experience, claim management platform, raised $3m in seed funding.
– The round was led by Brick & Mortar Ventures with participation from Nine Four Ventures and Scale Investors and Fifty-Second Celebration.
– The new investment will be used to bolster its team of software engineers, expand contractor networks in both the United States and Australia and invest in strategic integrations including a Guidewire ClaimCenter Ready for Guidewire app in the Guidewire Marketplace.

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CRM Email Marketing Enterprise Software Marketing Automation North America

Iterable Raises $200M in Series E Funding

– Iterable, a San Francisco, CA-based provider of a martech platform focusing on the development and optimization of cross-channel experiences, raised $200m in Series E funding.
– The round was led by new investors Silver Lake, Adams Street Partners, Glynn Capital, and DTCP and existing investors CRV, Viking Global Investors, Blue Cloud Ventures, and Capital Ventures.
– The new investment will be used to continue to develop the platform and expand its business reach.

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Enterprise Software Human Resources Marketing Automation Recruiting SaaS Western Europe

Beamery Raises US$138M in Series C Funding

– Beamery is a London, UK-based operating system for companies to attract, engage and retain top talent.
– The company raised $138m in Series C funding.
– The round was led by the Ontario Teachers’ Pension Plan Board, through its Teachers’ Innovation Platform (TIP), with participation from Accenture Ventures, EQT Ventures, Index Ventures, M12 and Workday Ventures.
– The new investment will be used to accelerate product development, accelerate commercial growth in existing and new geographies, double its employee base, and solidify its leadership position in the talent space.

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Delivery E-Commerce Last Mile Transportation Latin America Logistics Supply Chain Management

Uello Raises USD 4M in Series A Funding

– Uello, a logtech startup from Sao Paulo, closed its $4m Series A funding.
– The round was led by Btomorrow Ventures (BTV), followed by Capital Lab and Invest Tech.
– The company intends to use the funds to develop of new products and an innovative technological solution to manage the logistics of companies that have their own operation, expand its geographical operations and hire a qualified team.

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Dental Health Care North Africa and the Middle East

Basma.com Raises $3M in Series A Funding

– BASMA.com from London, UK is a digital healthcare platform working for orthodontics focused on MENA.
– The company raised $3M in Series A funding.
– The round was led by MEVP with the participation from SOSF, IM capital and returning investors iSME, Cedar Mundi Ventures and IFA capital.
– The new investment will be used to hire new talent, expand its geographic reach across the Middle East, and grow its network of partner dental clinics across KSA, UAE, and the region.

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Automotive Western Europe

Caura Raises $4.2M in Seed Funding

– Caura is a London, UK-based vehicle management platform.
– The company raised $4.2m in seed funding led by TwinFocus Capital Partners with participation from InMotion Ventures (the CVC arm of Jaguar Land Rover), Road Ventures, Pareto Holdings and Quiet Capital, as well as Jon Oringer, founder of Shutterstock, Antony Sheriff, former CEO of McLaren Automotive, and Rob Wilmot, serial entrepreneur, investor, and advisor to the UK Government, and unnamed Apple and Google executives.
– The new investment will be used to expand its products, including a new B2B offering for car manufacturers.

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Fitness North America Personal Health Wellness

asensei Raises $2.2M in Funding

– asensei, a San Francisco, CA-based Connected Coaching technology platform, closed a $2.2m seed funding round.
– The round was led by existing investor KB Partners, with participation from new investors including Northwestern University, Alex Alimanestianu (former CEO Town Sports International, and investor/advisor to Mirror and their founder), former NFL wide receiver Scotty McKnight and former NFL quarterback Mark Sanchez.
– The company intends to use the funds to accelerate growth as a B2B provider to fitness and physical therapy brands.

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Biopharma Biotechnology Developer Platform Information Technology North America

Umoja Biopharma Raises $210M in Series B Funding

– Umoja Biopharma is a Seattle, WA-based oncology company.
– The company closed a $210m Series B financing.
– The round was co-led by SoftBank Vision Fund 2 and Cormorant Asset Management with participation from new investors, including RTW Investments, LP; Temasek; Presight Capital (the international venture arm of Christian Angermayer’s Apeiron Investment Group); Caas Capital; and an investment fund associated with SVB Leerink.

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E-Learning Education North America Software Universities

CYPHER LEARNING Raises $40 Million Growth Equity Round from Invictus Growth Partners to Accelerate Innovation in the Global Business and K-20 Education Market

– CYPHER LEARNING raised a $40m growth equity round from Invictus.
– The investment will be used to accelerate the sales, marketing, and development of its cutting-edge learning platform, and build on its profitability.
Invictus Co-founder and Managing Partner, John DeLoche, will be joining CYPHER LEARNING’s Board of Directors.
– Graham Glass, CEO and founder of CYPHER LEARNING, said: “CYPHER LEARNING is the only company that provides an LMS for all major e-learning sectors.”
– The global LMS market is estimated at more than $21 billion, yet it is still very fragmented and populated with outdated, subscale companies that have not kept up with the current needs of enterprises and educational institutions.

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Biopharma Biotechnology Developer Platform Information Technology North America

Immunotherapy startup Umoja lands $210M, less than a year after raising $53M

– Umoja Biopharma, a Seattle-based immunotherapy company, raised $210m in Series B funding.
– The round was led by SoftBank Vision Fund 2 and Cormorant Asset Management.
– New investors included RTW Investments, LP, Temasek, Presight Capital, Caas Capital and SVB Leerink.
– Funds also came from existing investors: MPM Capital, DCVC Bio, Qiming Venture Partners USA, Casdin Capital, The Emerson Collective and Alexandria Venture Investments.

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Marketplace Wellness Western Europe

onHand Raises £1M in Funding

– onHand, a London, UK-based on-demand volunteering app, raised £1m in funding.
– The round was led by Northstar Ventures with participation from Dhiraj Mukherjee, and existing investors.
– The new investment will be used to further invest in the company’s tech, expand its reach across the U.K and introduce further volunteering opportunities for employees to support with youth mentoring, older adult help, homelessness and environmental projects.

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Consumer Software E-Commerce Mobile Apps North America Shopping Transaction Processing

nate Raises $38M in Series A Funding

– nate is a NYC-based universal shopping app.
– The company raised $38m in Series A funding.
– The round was led by Renegade Partners, with participation from Forerunner Ventures and existing investors Canaan Partners and Coatue.
– The new investment will be used to expand the business of its online payment solutions.

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Developer Platform Information Services Information Technology Software Western Europe

Foundries.io Raises $8M Series A Funding to (Actually) Secure the Internet of Things

– Foundries.io has raised $8M in Series A funding, led by IQ Capital, with participation from Crane Venture Partners and Backed VC.
– Foundries.io delivers FoundriesFactory, the world’s first cloud-native solution for embedded technologies that reinvents IoT, and counts tier one OEMs, silicon industry leaders and SoC companies among its customers and partners, including ARM, NXP Semiconductors, MontaVista, STMicroelectronics and WINSYSTEMS.
– Led by technology industry pioneers, George Grey and Ian Drew, Foundries.io has developed a transformative, open source platform that provides OEMs and Systems Integrators a common software base to develop, test, deploy, manage and maintain secure IoT and Edge devices through a single cloud-native solution.

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SaaS Social Media Social Media Management South Asia

Convosight Raises $9M in Series A Funding

– Convosight, a New York, New Delhi, India, and Singapore-based community creator monetization platform, raised $9M in Series A funding.
– The round was led by Singapore-based VC firm Qualgro with participation from Unilever Ventures, Ajay Gupta, IvyCap Ventures and Sequoia Capital India’s Surge.
– The company intends to use the funds to expand operations and its business reach.

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Aerospace Autonomous Vehicles Computer Vision Government National Security North America

Anduril Raises $450M in Series D; Valued at $4.6 Billion

– Anduril Industries, an Irvine, Calif.-based defense technology company, raised $450m in Series D funding and a post-money valuation of $4.6b.
– The round was led by Elad Gil with participation from Andreessen Horowitz, 8VC, Founders Fund, General Catalyst, Lux Capital, Valor Equity Partners, and D1 Capital Partners.
– The new investment will be used to develop advanced technologies (AI, computer vision, sensor fusion, optics and automation) to solve some of the most important & complex national security challenges.

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Fitness Health Care Lifestyle North America

Form Health Raises $12M in Series A Funding

– Form Health is a Boston, MA-based obesity telemedicine company.
– The company raised $12M in Series A funding.
– The round was led by M13 with participation from SignalFire and NextView Ventures.
– The new investment will be used to expand the company’s availability to 90% of the US population.

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Cannabis Consulting Information Technology Mobile Mobile Apps North America SaaS Software

Simplifya Closes $6M Series B Funding Round

– Simplifya from Denver provides regulatory and operational compliance software for the cannabis industry.
– The company raised $6m in Series B funding.
– The round was led by Blue Zone Wealth Advisors, with participation from existing investors Merida Capital and previous shareholders, as well as the addition of several new investors, including Mercury Payment Solutions Founder Jeff Katz, who also joined Simplifya’s Board of Directors.
– The new investment will be used to expand its operational presence and implement and launch its newest product offering, TENDR (the product will launch in beta with POS clients before the end of Q2).

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Big Data Data Integration Data Visualization North America

Transform Raises $20M in Series A Funding

– Transform provides a centralized metrics platform that enables metrics definitions in code, supports life-cycle management, and connects to any downstream tool where users consume metrics.
– The company raised $20m in Series A funding.
– The round was co-led by Index Ventures and Redpoint Ventures.
– The new investment will be used to expand operations and business reach.

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Biotechnology Medical North America Therapeutics

PanTher Therapeutics Closes Oversubscribed $5.4M Series A Round, Expands Board of Directors, As Company Prepares to Initiate First Clinical Trial of Novel Localized Treatment of Pancreatic Cancer

– PanTher Therapeutics announced that it has closed an oversubscribed $5.4M Series A round led by Catalyst Health Ventures, with participation by Angel Physicians Fund and other notable investors.
– The Series A round brings the total amount raised by the company to $7.4M.
– Proceeds from the funding will go toward the company’s first-in-human clinical trial.
– The company also announced the additions of Darshana Zaveri, Managing Partner at CHV, Manish Bhandari, Managing Partner at APF, and Maria Palasis, President and CEO of Lyra Therapeutics, to its board of directors.

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Biotechnology Cannabis Medical Wellness Western Europe

Sanity Group Closes $44.2M Series A Funding

– Sanity Group, a Berlin, Germany-based cannabis startup, closed $44.2M USD Series A financing.
– The round was led by Redalpine with participation from Navy Capital, SOJE Capital, and GMPVC.
– The company intends to use the funds to further expand its medical division in Europe, build out a EU-GMP-compliant research and production facility in Frankfurt am Main, which will serve both the medical and the wellbeing areas of the Sanity Group in the future, and to expand its consumer goods business.

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E-Commerce Internet Western Europe

Yellowpop Raises $4M In Series A Funding

– Yellowpop, a NYC-based home brand specializing in LED neon signs, closed a $4m Series A funding.
– The round included participation from Eutopia, a distinguished Paris- and New York-based early-stage venture capital fund.
– The company plans to use the funds to continue its global expansion through 2021 and further develop as a lifestyle and home brand.

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Construction Energy Industrial Information Technology Internet of Things Manufacturing Mining North America Oil and Gas Software

Triax Technologies Raises $12.5 Million Series A Funding Round to Expand Team, Scale Globally

– Triax technologies raised a Series A funding round of $12.5m.
– The round was led by McRock Capital, an institutional investor focused on industrial IoT.
– Triax will use the funding to grow the team and scale its solutions globally.
– Triax will immediately begin to expand its talented team with openings in several areas across the company.
– It is seeking team members with domain-specific technical skills, who would work well in a community-minded, fair and transparent culture.

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Consumer Goods North America Personal Health Women's

Kindra Raises $4.5M in Seed Funding

– Kindra, a Los Angeles, CA-based modern wellness brand for menopause essentials, raised $4.5m in seed funding round.
– The round was led by the Female Founders Fund with participation from Primetime Partners, Anne and Susan Wojcicki, Katie Couric Media, The Community Fund, and H Ventures.
– The company intends to use the new capital to drive continued growth and expansion of the business.

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Alternative Medicine Biotechnology Health Care Nanotechnology North America

OncoNano Medicine Raises about $50 Million in Series B Financing

– OncoNano Medicine, Inc. announced the raise of an approximate $50m Series B financing led by the healthcare investment team at Advantech Capital, a China-based cross border institutional investment fund.
– Proceeds of the financing will be used, in part, to support the Phase 3 clinical trials in the U.S. and Europe for pegsitacianine, an innovative real-time imaging agent used in intraoperative surgical resection of solid tumors, and accelerate the advancement of the company’s first therapeutic development program, ONM-501, a novel immune-therapeutic formulated with the company’s core delivery technology.
– OncoNano is focused on developing and commercializing innovative therapeutics and imaging agents using its proprietary NanoPEGylation™ technology platform.

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Information Services Information Technology North America

Zus Health Closes $34M Series A Led by Andreessen Horowitz; Participation from F-Prime Capital, Maverick Ventures and Others

– Zus Health, a Jonathan Bush-founded company focused on creating the industry’s first shared development platform backed by a shared data record, announced its launch and the close of a $34M Series A financing led by Andreessen Horowitz. F-Prime Capital, Maverick Ventures, Rock Health, Martin Ventures and Oxeon Investments also participated in the round.
– The funding comes at a time when the forces that have long held healthcare innovation back are teetering. The intersection of information sharing friendly policy in the 21st Century Cures Act; never before seen levels of investment from private equity and venture capital into digital-first healthcare companies; and the catalyst of the pandemic; have, in sum, created a thriving young healthcare movement.

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Health Care Hospital Medical North America

Sempre Health Raises $15M in Series B Financing

– Sempre Health, a San Francisco, CA-based provider of a behavior-based healthcare pricing solution, closed a $15M Series B financing.
– The new investment was led by the Blue Venture Fund – a collaboration among Blue Cross Blue Shield (BCBS) companies, the Blue Cross Blue Shield Association, and Sandbox, with participation from UPMC Enterprises and existing investors Rethink Impact, LifeForce Capital and Industry Ventures.
– The company intends to use the funds to advance its two-sided network of payors and pharma manufacturers nationwide and further grow the number of chronic disease patients Sempre can help access their medications.

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Analytics Artificial Intelligence Machine Learning North America SaaS Software

UserLeap raises $38M to track customer experiences

– UserLeap, a platform for AI-powered, continuous research for product teams, announced that it raised $38 million in a series B round contributed by a16z.
– The company says it’ll put the funding toward product R&D and customer acquisition, as well as global expansion efforts.
– The user experience monitoring market is large and growing, and its value is expected to climb from $1.5 billion in 2019 to $3.7 billion by 2023, according to Markets and Markets.
– That may be because every dollar invested in user experience is estimated to net a $100 return, a 9,900% return on investment.
– Forrester Research reports that frictionless user experience design can raise customer conversion rates by up to 400%.

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Life Science Medical North America

Mouse brains and more in 3D: Seattle microscopy startup lands $4M to visualize medical specimens

– Lightspeed Microscopy, a Seattle startup, raised $4m in a Series A financing round.
– The round was led by Dynamk Capital and joined by other investors.
– The company is developing an end-to-end microscopy system for pathologists.
– The platform adapts a type of microscopy commonly used for basic research to assess pathology specimens in three dimensions.

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Analytics Business Intelligence Human Resources Information Technology North America Predictive Analytics SaaS Software

eqtble, a platform that uses data analytics to create healthier workplaces, raises $2.7M seed

– eqtble, a startup that wants to give HR teams the same kind of detailed analytics that product, sales and marketing departments have had for a long time, has raised $2.7m in seed funding.
– The funding was led by Initialized Capital, with participation from SB Opportunity Fund, RS Ventures and other venture capital firms and angel investors.
– eqtble is a Y Combinator alum.
– The startup’s co-founders are Ifiegbu and Horwitz.

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Artificial Intelligence Insurance Machine Learning Software Western Europe

Tractable raises $60M at a $1B valuation to make damage appraisals using AI

– AI startup Tractable, which works with automotive insurance companies to let users take and submit photos of damaged cars that are then “read” to make appraisals, has raised $60m in Series D funding.
– The round was led by Insight Partners and Georgian Partners and it brings the total raised by the company to $115m.
– The company says it works with more than 20 of the top 100 auto insurers in the world, and it has seen sales grow 600% in the last 24 months.
– The company plans to use some of the funding to expand deeper into areas adjacent to that: natural disaster recovery (specifically for appraising property damage), and used car appraisals.

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Biotechnology Clinical Trials Health Care North America Therapeutics

Circle Pharma Raises $66M in Series C Financing

– Circle Pharma from South San Francisco develops macrocycle drug discovery and development company focused on intractable cancer targets.
– The company raised $66m in Series C financing.
– The round was co-led by The Column Group and Nextech Invest with participation from Pandect Bioventures, together with new investors including Euclidean Capital, Pavillion Capital, Hartford HealthCare Endowment and Eli Lilly and Company.
– The new investment will be used to advance its wholly owned cyclin-targeted programs towards the clinic.

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Blockchain North America

TRM Labs Raises $14 Million Series A Funding Round

– TRM Labs closed a $14m Series A funding round.
– The round was led by Bessemer Venture Partners, with participation from PayPal Ventures, Initialized Capital, Jump Capital, Salesforce Ventures, Operator Partners, Blockchain Capital, and executives from Google.
– TRM Labs’ platform integrates with more than a dozen blockchains, and analyzes billions of virtual asset transactions to detect in real-time signs of fraud and financial crime like money laundering.
– TRM Labs drove 600% revenue growth in the last year and has doubled headcount.

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Information Technology North America

Lexion raises $11M to expand its AI-powered contract management platform

– Lexion, a platform leveraging AI to streamline legal contract workloads, announced that it closed an $11 million series A funding round led by Khosla Ventures with participation from Madrona Venture Group and Wilson Sonsini.
– The capital brings the company’s total raised to $15.2 million to date, and cofounder and CEO Gaurav Oberoi says that it’ll be used to support the development of a workflow module designed to help legal teams manage contract intake, negotiations, approvals, and signatures.
– According to Gartner, legal departments will increase their technology spend 300% by 2025, and yet will only realize 30% of the benefit of their contract lifecycle management (CLM) software because of complexities with requirements gathering, change management, and user adoption.

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Events Services North America

Twine raises $3.3M to add networking features to virtual events

– Video chat startup twine closed on $3.3m funding.
– The round was led by Moment Ventures and included participation from Coelius Capital, AltaIR Capital, Mentors Fund, Rosecliff Ventures, AltaClub and Bloom Venture Partners.
– The company shifted its focus to online events and is now on track to do $1m in bookings in 2021.

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Aerospace AgTech Analytics Artificial Intelligence Big Data Geospatial Information Services Machine Learning North America

Hydrosat raises $5M seed round to deliver ground temperature data to customers

– Hydrosat, a geospatial data analytics startup, raised $5m in seed funding.
– The round was led by Cultivation Capital’s newly launched Geospatial Technologies Fund with participation by Freeflow Ventures, the Yield Lab, Expon Capital, Techstars, Industrious Ventures, Synovia Capital, and the University of Michigan.
– The company plans to launch its first satellite in 2022.

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Blockchain Cloud Infrastructure Cloud Security Cloud Storage Data Storage Information Technology Internet Western Europe

Internxt gets $1M to be ‘the Coinbase of decentralized storage’

– Valencia-based startup Internxt has raised $1M in seed funding.
– The round was led by Angels Capital, a European VC fund owned by Juan Roig (aka Spain’s richest grocer and second wealthiest billionaire), and Miami-based The Venture City.
– The funds will be put towards its next phase of growth — its month-to-month growth rate is 30% and it tells us it’s confident it can at least sustain that — including planning a big boost to headcount so it can accelerate product development.
– The Spanish startup has spent most of its short life to date developing a decentralized infrastructure that it argues is both inherently more secure and more private than mainstream cloud-based apps (such as those offered by tech giants like Google).

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Content Content Delivery Network Events iOS Mobile North America

Hybrid Event Technology Company MeetingPlay Raises $75 Million Growth Equity Investment From Sunstone Partners

– MeetingPlay has received a $75m investment from Sunstone Partners.
– Sunstone is a growth-oriented private equity firm focused on software and tech-enabled services companies.
– MeetingPlay offers a full suite of offerings for all types of conferences, events and meetings that allow for rich attendee experiences.
– The company believes that successful meetings and events are built upon meaningful connections formed during all phases of a hybrid, virtual or in-person event.
– The ultimate value that underpins the company’s software platform is connecting attendees to each other—as well as the meeting content—in a way that creates a unique and differentiated event, uplifting MeetingPlay’s client brands accordingly.

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Analytics Big Data Database Enterprise Software North America

Graph database platform Neo4j raises $325M to inform decision-making

– Graph platform Neo4j announced that it raised $325m at an over $2bn valuation in a series F round led by Eurazeo, with additional investment from GV.
– The capital, which brings the company’s total raised to date to over $500m, will be put toward expanding Neo4j’s platform, workforce, and customer base, the company says.
– Markets and Markets anticipates the graph database market will reach $2.4bn by 2023 from $821.8m in 2018. And analysts at Gartner expect that enterprise graph processing and graph databases will grow 100% annually through 2022, facilitating decision-making in 30% of organizations by 2023.
– Graph databases and graph-oriented databases leverage graph structures for semantic queries, with nodes, edges, and properties that store and represent data.

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Banking Finance Financial Services FinTech North America

Unit raises $51M in Accel-led Series B to grow its banking-as-a-service platform

– Unit, a banking as a service startup, raised $51m in Series B funding.
– The round was led by Accel and joined by Better Tomorrow Ventures, Aleph, Flourish Ventures and TLV Partners.
– The company plans to use the funding to expand its team and product offerings.

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Financial Services FinTech Information Technology Insurance InsurTech Machine Learning SaaS Western Europe

Akur8 Raises $30M in Series B Funding

– Akur8, a Paris, France and New York, NY-based company automating insurance pricing with proprietary AI, raised $30m in Series B funding.
– The round was led by BlackFin Capital Partners and MTech Capital.
– The new investment will be used to accelerate the company’s international expansion and product development.

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Biotechnology Health Care Medical Therapeutics Western Europe

Apollo Therapeutics Completes $145 Million Financing Led by Patient Square Capital to Expand and Advance Portfolio-Based Drug Development

– Apollo Therapeutics completed a $145m financing round.
– The round was led by Patient Square Capital and included participation from Rock Springs Capital, Reimagined Ventures and UCL Technology Fund.
– Apollo is a portfolio-based biopharmaceutical company rapidly advancing potentially transformative treatments based on breakthrough discoveries.
– Apollo is set-up to bridge the gap from deep academic science to patient benefit in the most capital and time efficient way possible.
– Apollo seeks to develop therapeutics that have transformative potential above the current standard of care.

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FinTech Western Europe

ShareVision Raises $2.1M in Seed Funding

– ShareVision is a London, UK-based provider of a financial streaming platform.
– The company raised $2.1m in seed funding.
– The backers were not disclosed.
– The new investment will be used to scale the platform.

Source
E-Commerce Sub-Saharan Africa

Kenyan foodtech startup Kune raises $1M pre-seed for its ready-to-eat meals service

– Kune is a Kenyan-based on-demand food service.
– The company raised $1m pre-seed funding.
– The round was led by Pan-African venture capital firm Launch Africa Ventures.
– Other investors that took part include Century Oak Capital GmbH and Consonance, with a contribution from ecosystem management firm Pariti.

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Fleet Management Logistics North America SaaS Transportation

KeepTruckin Raises $190 Million in New Funding

– KeepTruckin has raised $190 million in new funding from G2 Venture Partners, Index Ventures, Greenoaks, IVP, Scale Venture Partners, funds managed by BlackRock, and several other leading investors.
– The round values KeepTruckin at over $2 billion.
– The new capital will support KeepTruckin’s strategic priorities by allowing it to continue building innovative AI-powered products, recruiting top-tier talent, and scaling rapidly to meet the needs of businesses that power the physical economy.
– KeepTruckin’s 400,000-strong network of connected vehicles is one of the largest in North America.

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North America Pharmaceuticals

LENZ Therapeutics Debuts With $47 Million Series A Financing

– LENZ Therapeutics emerged from stealth mode with a $47m Series A financing from Versant Ventures and RA Capital Management.
– Proceeds from the financing will be utilized to progress the company’s lead asset, an eyedrop formulation of aceclidine, towards an NDA submission for the treatment of presbyopia.
– Presbyopia impacts more than 120 million people in the U.S. and almost two billion people globally, and is commonly viewed as the largest ophthalmology market with no current pharmaceutical solutions available to offer to patients.
– Currently the available choices are reading glasses, which are viewed by many patients as very undesirable, or irreversible invasive surgical procedures that have inherent risks.
– As a result, there is high interest from patients in an effective and safe pharmaceutical option.

Source
Artificial Intelligence Enterprise Software North America

Ayraa Raises $4M in Seed Funding

– Ayraa, a San Jose, CA-based technology startup which focuses on building an intelligent & connected enterprise, raised $4M in seed funding.
– Backers included Fengmin Gong and Gerhard Eschelbeck and institutional investors Westwood Ventures, 421 Capital, and Innospring VC.
– The company plans to use the proceeds for building out a large engineering & design operation in Mumbai & Pune, India.

Source
Analytics Financial Services FinTech North America SaaS Wealth Management

Addepar Raises $150M in Series F Funding

– Addepar is a technology platform for wealth management.
– The company raised $150m in Series F funding.
D1 Capital Partners made the investment at a pre-money valuation of $2b.
– The new investment will be used to further accelerate growth, accelerate expansion of the business and workforce into new geographies and driving continued development of its platform.

Source
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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Biotechnology Western Europe

Volare Raises €0.7M in Funding

– Volare is a new spinoff startup from VTT Technical Research Centre of Finland.
– The company raised €0.7M in funding.
Maki.vc made the investment.
– The company already has a pilot plant up and running and is aiming for rapid growth.

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Apps Eastern Asia Electric Vehicle

XCharge Closes Series B Funding Round

– XCharge is a Beijing, China-based provider of an electric vehicle (EV) charging solution in Asia-Pacific and Europe.
– Company raised $15m in Series B funding.
– Backers included Shell Ventures and other investors.
– The new investment will be used to scale up to meet the accelerated demand in charging services in fast-expanding markets.

Source
Biotechnology Medical North America Pharmaceutical Therapeutics

Veralox Therapeutics Closes $16.6M Series A Financing

– Veralox is a biotechnology company developing first-in-class small molecule therapeutics that treat the underlying pathologies of diseases with significant unmet medical needs, closed a $16.6m Series A financing.
– The round was led by Hatteras Venture Partners with participation from Genesys Capital, Point Field Partners and Alexandria Venture Investments as well as support from previous investors Sanofi Ventures, JDRF T1D Fund, Maryland Momentum Fund, VTC Innovation Fund and TEDCO.
– The new investment will be used to advance the development program for its lead product candidate VLX-1005 for the treatment of heparin-induced thrombocytopenia (HIT).

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Artificial Intelligence North America SaaS

Eltropy Raises $21M in Funding

– Eltropy is a Milpitas CA-based provider of a digital communication suite for financial institutions.
– The company raised $21m in funding.
– The round was led by K1 Investment Management.
– The new funding will be used to more than double the company’s headcount and further invest in its all-in-one communication suite.

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Financial Services North America Real Estate Real Estate Investment Rental Property

Arrived Homes Raises $37M in Seed Funding

– Arrived Homes is a real estate investing platform.
– The company raised $37m in seed funding and debt financing.
– The round was comprised of $10m in equity financing and $27 in debt financing.
– The equity round was led by Core Innovation Capital with participation from Bezos Expeditions (the personal investment company of Jeff Bezos), Good Friends, Time Ventures, Spencer Rascoff, Dara Khosrowshahi, Hadi Partovi, Fred Tuomi, PSL Ventures and Neo.
– The company intends to use the funds to scale the team and build up its supply of rental homes across the country.

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Financial Services FinTech Western Europe

CAPEX.com Raises $21M in Funding

– Capex.com, a Nicosia, Cyprus-based multi-licensed global broker, raised $21M in funding.
– The round was led by Growth Box Ventures and Moore & Moore.
– The company intends to use the funds to launch new products, expand via selected M&A deals in key markets and grow the teams and offices worldwide.

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Agriculture Energy Logistics North America Renewable Energy Shipping Broker Trading Platform Waste Management

EnMass Energy Raises $2.15M in Funding

– EnMass Energy from Durham NC develops a digital procurement and operations platform for global waste-to-energy supply chains.
– The company raised $2.15M in funding.
– The round was led by Blue Bear Capital, with participation from Looking Glass Capital, and Climate Cloud.
– The new investment will be aimed at launching an online marketplace for waste to energy procurement.

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Banking FinTech Information Technology North America Software

Nymbus Cuso Raises $5M in Financing Round

– Nymbus Cuso, a Miami, FL-based provider of banking technology solutions, closed a $5m financing round.
– The round was led by the Curql Fund.
– The company intends to use the funds to continue to expand its development efforts.

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Financial Services North America

B9 Raises $1.7M in Pre-Seed Funding

– B9 Inc. from San Francisco, CA offers a full suite of app-based financial services to “unbanked” workers in the U.S.
– The company raised $1.7m in pre-seed funding round.
– The new investment will be used to scale up with additional staff and technology investments, aiming to reach 100,000 customers by the end of 2021.

Source
Analytics Artificial Intelligence Information Technology iOS Software Western Europe

Threatray Raises €2.3M in Funding

– Threatray is a Swiss cyber-security analytics company.
– The company raised €2.3M in funding.
– The round was led by Verve Ventures with participation from existing investors Hammer Team, SICTIC, BackBone Ventures and the innofund by SZKB.
– The new investment will be aimed at expanding Threatray’s team.

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Employee Benefits Health Care North America Parenting Wellness

Stork Club Raises $30M to Respond to Unprecedented Employer Demand for Inclusive Benefits and to Hold Employees’ Hands as they Build Healthy Families

– Stork Club announced it raised $30M in Series A funding led by General Catalyst, with Hemant Taneja joining the board.
– Existing investors Bowery Capital, Slow Ventures and angels Jack Altman, founder of Lattice; Zach Sims, founder of Codecademy; Oleg Rogynskyy, founder of People.ai; and Kevin Mahaffey, founder of Lookout also joined the round.
– Stork Club is also announcing several new customers from a variety of industries, including Ropes & Gray, Crescent Capital, Corgan, Fors Marsh Group and Inception.
– Stork Club is the first to extend traditional employee benefits to include historically overlooked, yet critical components of maternal health: diagnostics, egg and sperm freezing, IVF, surrogacy, adoption, pregnancy guidance and postpartum recovery support.

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Cyber Security Industrial Network Security North America Security Software

Claroty Raises $140M in Series D Funding

– Claroty from NYC develops industrial cybersecurity solutions for enterprises to protect their OT, IoT, and IIoT assets.
– Company raised $140m in Series D funding.
– The round was led by Bessemer Venture Partners‘ Century II fund and 40 North with participation from LG and I Squared Capital‘s ISQ Global InfraTech Fund as well as previous investors – Team8, Rockwell Automation, Siemens, and Schneider Electric.
– The new investment will be used to accelerate expansion into new verticals and regions as well as to further enhance its product portfolio.

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Business Intelligence CRM Data Center Automation North America SaaS Software

Introhive raises $100M to automate customer relationship management

– Introhive, a software-as-a-service (SaaS) customer relationship management (CRM) automation platform, announced that it raised $100 million in a series C funding round led by equity firm PSG.
– The funds, which bring the company’s total raised to over $140 million to date, will be put toward strategic acquisitions, the expansion of Introhive’s global footprint, and growth of the company’s engineering, sales, and marketing teams.

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Employment Human Resources Recruiting South Asia Staffing Agency

Apna raises $70 million to help workers in India secure jobs

– Apna, a startup by an Apple alum, announced its acceptance by the market has helped it raise $70m in a new financing round as the startup prepares to scale the 16-month-old app across India.
Insight Partners and Tiger Global co-led Apna’s $70m Series B round, which valued the startup at $570m.
– Existing investors Lightspeed India, Sequoia Capital India, Greenoaks Capital and Rocketship VC also participated in the round.

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Banking Financial Services FinTech Internet North America

Novo Raises $40.7M Series A to Scale Digital Banking Platform for Small Businesses

– Novo announced that it has raised $40.7M in Series A funding.
Valar Ventures led the round, with participation from Crosslink Capital, Rainfall Ventures, Red Sea Ventures, and BoxGroup.
– Since launching in 2018, more than 100,000 small businesses have opened a Novo account. In 2021, Novo surpassed $1 billion in lifetime transactions, announced a number of new features, opened a new office in Miami, and grew its leadership team. The company was also named both CNBC’s Best Business Checking Accounts of March 2021 and Money Magazine’s Best Business Checking Accounts of 2021.
– Novo will use its Series A funding to continue building out a best-in-class platform for small business banking, with a focus on helping business owners simplify their finances and optimize their cash flow.

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Event Management Information Technology North America

Hybrid events platform Brella raises $10M Series A led by Connected Capital

– Brella, a hybrid event platform, raised $10m in Series A funding.
– The round was led by Connected Capital and joined by existing investors.
– Brella pivoted from live events into a virtual event platform after the pandemic hit.
– The company counts Informa, Marcus Evans, Questex and IQPC as customers.

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Financial Services Lifestyle Payments South Asia

FamPay, a fintech aimed at teens in India, raises $38 million

– Bangalore-based FamPay raised $38m in Series A funding.
– The round was led by Elevation Capital and joined by General Catalyst, Rocketship VC, Greenoaks Capital, Sequoia Capital India, Y Combinator, Global Founders Capital, and Venture Highway.
– The size of the new investment makes it one of the largest Series A rounds in India.

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Information Services North America

Markerr Raises $5 Million Series A

– Markerr closed a $5m Series A fundraise led by RET Ventures.
– The round was joined by leading technology investors including Continental Realty Corporation, Twin Shores Capital, led by investor Matt Levin, Edward Norton, actor and investor, and Joe Lettween.
– With these insights, clients can understand the potential of any property, more accurately forecast rental rates and accelerate decision making.

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Biotechnology Health Care Medical Device North America Wellness

Fractyl Announces Closing of $100 Million Series F Financing to Expand Clinical Development Programs in Type 2 Diabetes

– Fractyl Health closed a $100m Series F financing.
– The financing was led by Maverick Capital, M28 Capital, and Population Health Partners, with participation by other new and existing investors.
– Marc Elia, founder of M28 Capital, and Clive Meanwell, M.D., Ph.D., executive chairman and founder of Population Health Partners, have joined Fractyl’s Board of Directors.
– Proceeds from the financing will support initiation of multiple late-stage clinical studies to assess the potential for Revita DMR to treat and halt the progression of metabolic disease.

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FinTech Fitness Health Care InsurTech Latin America

Betterfly Raises $60 Million Series B in Latin America’s Largest Insurtech Round

– Betterfly, the purpose-driven benefits platform, announced that it has raised $60m in Series B from partners of DST Global, QED investors, Valor Capital, Endeavor Catalyst and the SoftBank Latin America Fund.
– The $60m Series B represents Latin America’s largest insurtech fundraising round and comes just six months after Betterfly raised its $18m Series A.
– The round brings Betterfly’s total equity raised to $80m.
– Betterfly, founded in 2018 by Endeavor entrepreneur Eduardo della Maggiora, is reimagining both product and distribution in the global insurance market and has developed a unique embedded insurance B2B2C model that integrates wellbeing, insurance and social purpose with a mission to help people do better, live better, and be better.

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Cyber Security Information Technology North America SaaS Service Industry

ThreatX Raises $10 Million; Extends Attacker-Centric Security Platform

ThreatX, a uniquely architected web application and API protection (WAAP) platform, has raised $10 million in funding led by .406 Ventures. This new investment will be used to open a new office in Boston and establish a presence on the East Coast, grow its engineering team, strengthen its fully-managed WAAP services team, and enhance its worldwide sales engine. Existing investors Access Venture Partners and Grotech Ventures also participated in the round. Greg Dracon, Partner at .406 Ventures, has technology operating and management experience, as well as 25 years of cybersecurity-focused venture investing, and will join the ThreatX board of directors.
The company’s attacker-centric WAAP platform accurately identifies malicious actors and dynamically initiates appropriate action. ThreatX technology can be used by companies in every industry across the globe to effectively and efficiently protect web applications and APIs.

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Health Care Medical North America Public Safety

ADDING and REPLACING R-Zero Raises $40M+ Series B to Advance the Evolution of Intelligent Disinfection Platform

– R-Zero, the first biosafety technology company dedicated to reducing the spread of infectious disease, announced a $41.5m Series B investment to accelerate the development and deployment of the world’s first continuous, automated disinfection ecosystem and quickly establishing the new standard for post-pandemic human health and safety in public spaces.
– The round was led by World Innovation Lab with participation from venture capital icon John Doerr and current R-Zero investors, DBL Partners and SOSV / HAX. This latest investment brings R-Zero’s total capital raised to over $58m in the few short months since the company was founded in early 2020, further establishing the company as a world leader in delivering innovative biosafety technologies to address glaring gaps in society’s health protections against COVID-19 and other common infectious diseases.

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Analytics Industrial Automation Internet Manufacturing North America Predictive Analytics SaaS Software

MachineMetrics Announces $20M Series B Funding Round

– MachineMetrics, an industrial data startup that elevates manufacturing performance through autonomous machining, announced it has raised $20m in Series B financing.
– The company will use the funding to scale its platform globally and democratize access to the machine insights that power manufacturing operations.
– MachineMetrics is currently used by hundreds of customers and connected to thousands of machines globally.
– These manufacturers, which range from small contract manufacturers to some of the world’s largest OEMs, are leveraging MachineMetrics to enable remote visibility into real-time production, identify production bottlenecks, predict machine failures, improve quality, and build workflows that automate the operation of machines.

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Consumer Goods North America Pet Retail

Diggs Inc. Closes $13 Million Series A Funding To Scale Growth And Expand Product Offering

– Diggs has closed a $13m Series A investment round led by venn growth partners with backing by US-based Strand Equity.
– The company’s Revol Dog Crate has won several awards and has been featured in the New York Times, Wall Street Journal, and CNBC.
– The funding will be allocated towards developing new products, diversifying marketing channels, recruiting talent for new positions across all business functions, and creating a first-of-its-kind product design and development facility in Long Island City.
– Diggs’ CEO Zel Crampton is a McKinsey & Company veteran.

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Food and Beverage Lifestyle North America Wine And Spirits

Award Winning Løs Sundays Tequila Secures $3.5 Million Series A Round, Closed Out by CircleUp Growth Partners

– Løs Sundays, the fast-growing, and award-winning, premium tequila brand, announces a $3.5m Series A funding round.
CircleUp Growth Partners joined earlier investments from Ketch Ventures and Room9.
– The brand’s rapidly growing consumer demand will be used to support the brand’s impressive expansion as they grow their footprint across the United States, launching into 30 new markets in the US and two countries in the first half of the year.
– The funding will be used to support the brand’s impressive expansion as they grow their footprint across the United States, launching into 30 new markets in the US and two countries in the first half of the year.

Source
Delivery Enterprise Enterprise Applications Enterprise Software Internet Logistics North Africa and the Middle East SaaS Software Supply Chain Management

Bringg, a delivery and fulfillment platform used by Walmart, nabs $100M

– Delivery logistics and fulfillment platform Bringg announced it has raised $100 million in a round of funding led by Insight Partners.
– The series E round gives Bringg a valuation of $1 billion.
– The raise comes as companies across just about every sector have been forced to change how they operate, with the retail industry in particular relying heavily on delivery and logistics infrastructure to continue trading during the pandemic.
– Founded in 2013, Bringg aims to help businesses compete with Amazon. To do so, Bringg’s modular platform enables retailers of any size to choose which tools they need — such as curbside pickup or last-mile delivery — to ensure they get goods from their warehouse to the consumer by tapping into local logistics providers.
– This includes real-time tracking and intelligent routing to optimize the path from seller to buyer.

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Document Management Enterprise Software Office Administration SaaS Western Europe

Templafy, which helps workers create company-compliant documents, nabs $60M

– Templafy, a platform that helps workers at major enterprises such as KPMG, Ikea, and BDO, create company-compliant “on-brand” documents, has raised $60 million in a fresh round of funding.
– The raise mirrors similar recent investments elsewhere in the corporate brand management space, including Exclaimer’s whopping $133 million round to help companies manage email signatures.
– Templafy helps businesses tightly control their corporate templates, documents, fonts, email signatures, and more, ensuring employees across departments can easily access what they need from wherever they are.
– This is perhaps more important at a time when workers have been forced to embrace remote work, which means they may be more inclined to use an old document template stored on their laptop, for example.

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Big Data EdTech Education North America Software

Formative Announces $70 Million Minority Growth Investment to Accelerate Impact in K-12 Classrooms

Formative, a web-based student response platform, has closed a $70 million minority investment led by growth investor Summit Partners. Existing investors Emerson Collective, Fika Ventures, Mac Ventures, and Rethink Education also participated. The company will use this capital to expand international reach, increase teacher and administrator support, and fuel product enhancement efforts. Tom Jennings, a Managing Director at Summit Partners, will join Formative’s Board of Directors.
Craig Jones, Co-Founder and CEO of Formative, transferred his experience as a classroom teacher into a SaaS platform that improves student outcomes and educator effectiveness by accelerating the student-teacher feedback loop. It provides actionable visualizations of student comprehension and achievements and allows teachers to give live assignments to students, enabling instant teaching adjustments and long-term student growth tracking.
Designed for physical, virtual or hybrid classrooms Formative continues to see more students on the platform during the pandemic. It’s COVID-19 Assistance Program provided free access to its full platform for approximately 5,000 schools and districts.

Source
Cloud Infrastructure Developer Tools SaaS Software South Asia

BrowserStack, the Leading Software Testing Platform, Closes $200 Million Series B Funding at a $4 Billion Valuation

– BrowserStack has secured $200m in Series B funding at a $4b valuation.
– The round was led by BOND, with participation from Insight Partners and existing investor Accel.
– BrowserStack is the global category leader in software testing on the cloud, with 50,000+ customers and four million+ developer signups.
– The investment will support BrowserStack’s strategic acquisitions, expansion of its product offerings, and continued scale and growth.
– Companies today need to release software with speed and quality to remain competitive. To do this, companies have to adopt DevOps, test more, and test fast. However, for most companies, testing remains the key bottleneck in the DevOps cycle.

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Artificial Intelligence Computer Information Technology Intelligent Systems Machine Learning North America Software

Vianai Systems raises additional $140M to build upon strong customer adoption

– Vianai Systems, a Human-Centered AI platform and products company, announced that it has raised $140M in a Series B financing from SoftBank Vision Fund 2 and several industry luminaries.
– Vianai will use the new capital to accelerate the delivery of its human-centered AI platform and products to enterprises worldwide.
– For many enterprises, AI has not lived up to its hype. AI’s true potential originates from the ability to put humans at the center of technological solutions.
– Vianai’s pioneering human-centered AI approach amplifies human judgment thus empowering domain experts with AI tools to deliver powerful business value.
– Vianai has already delivered successful business outcomes to numerous world-leading enterprises.

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Analytics Big Data Data Visualization Enterprise Software North America Open Source

Imply Closes $70 Million Series C at $700M Valuation to Extend Leadership as Foundational Platform for Analytics-in-Motion

– Imply, the pioneer of Analytics-in-Motion, and founded by the original creators of Apache Druid, announced the closing of a $70m Series C led by Bessemer Venture Partners with participation from Tiger Global Management, bringing total funding to over $116m.
– Existing investors A16Z, Khosla Ventures and Geodesic Capital also participated in this round.
– This additional funding follows a banner year for Imply, growing market adoption of both Imply and open source Apache Druid.
– Imply has now surpassed 100 enterprise and digital-native customers, using Imply as the engine for analytics-powered applications that they build, and/or as a complete solution to directly solve internal BI and operational analytics use cases.

Source
Consulting Internet North America Recruiting SaaS Software

Sense Secures $16 Million in New Funding to Drive Talent Acquisition as Labor Market Rebounds

– Sense, the market leader in AI-driven talent engagement and communication platform solutions for recruiting, announced $16m in Series C funding.
– Key investors in this round include Avataar Venture Partners with additional participation from previous investors including Accel and GV.
– The round will accelerate innovation and development of the company’s AI-powered talent communication and engagement suite.
– Sense offers a singular engagement platform powered by AI and machine learning. It enables personalized communication across the entire talent lifecycle at scale, and also automates manual tasks for recruiters.
– Through this personalized approach, Sense customers experience on average; a 263% increase in candidates screened compared to a manual approach, reduced time to fill by 30-81% and up to 800 hours of recruiter time saved.

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Finance FinTech North America Small and Medium Businesses

Guideline Raises $200M in Funding Led by General Atlantic to Fuel Growth of Comprehensive Retirement Plan Solutions

– Guideline, a leading provider of easy, affordable retirement plan solutions for small-and-medium-sized businesses (SMBs), announced it has raised $200M in new funding led by General Atlantic, a leading global growth equity firm.
– Existing investors Generation Investment Management, Greyhound Capital, Felicis Ventures, Propel Ventures and others also participated.
– Guideline plans to use the funds to further scale its offering of full-service 401(k) plans, as well as introduce new retirement plan solution products.
– Founded in 2015 by CEO, Kevin Busque, CPO, Jeremy Caballero, and CTO, Mike Nelson, Guideline’s mission is to help everyone arrive at a safe, secure retirement, whether they are a small business owner, an employee or are self-employed.

Source
Apps Health Care Medical North America

Ksana Health Secures $2M Seed Round to Launch Advanced Mental Health Monitoring Platform

– Ksana Health announced that it has raised $2M in seed funding led by Christian Angermayer’s re.Mind Capital.
– The seed round also includes participation from WPSS Investments, Panoramic Ventures, the Telosity Fund, Palo Santo Venture Fund, and Able Partners.
– Vira by Ksana Health digitally transforms the practice of behavioral healthcare by converting the quantifiable behavioral patterns that are continuously and passively collected by smartphones into actionable and objective insights for practitioners and their patients.

Source
Australia and Oceania Insurance

Honey Insurance launches with $15.5M AUD, the largest seed round ever for an Australian tech startup

– Honey Insurance, an Australian home insurance company, raised $10m in Series A funding.
– The round was led by RACQ and joined by PEXA, Metricon, ABN Group, Mirvac, AGL, SFG and Apex Capital.
– Individual investors include Zip founder and global CEO Larry Diamond; Afterpay co-founder and CEO Anthony Eisen; former MEBank CEO Jamie McPhee; former Corelogic CEO Graham Mirabito; Airtasker co-founder and CEO Tim Fung; and former News Corp Australia and Foxtel CEO Peter Tonagh.
– The capital will be used on hiring, with plans to fill 80 positions over the next 12 months, and research and development.

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