Weekly Funding Insights
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Here are the alternative data highlights on companies that raised funding last week.
Over $6.9B were invested in 214 companies worldwide.
Funding distribution across categories
The funding round that caught our eye
Doctor On Demand
2012 | United States | $236M
Raised $75M in Series D led by General Atlantic
Doctor on Demand is a telehealth platform that connects patients to certified physicians for video consultations.
The pandemic and the accompanying lockdown measures have been a shot in the arm for Doctor on Demand. It has seen a massive uptick in its Website Traffic while maintaining its customer satisfaction, which is evident from a near-perfect 4.9 rating on Appstore from ~65,000 reviewers!
Other telehealth players have also experienced a surge in their website engagement during the pandemic
Doctor on Demand’s Competitive Landscape
Other noticeable companies that raised funding
2009 | United States | $5.6B
Raised $2.5B led by T. Rowe Price
Rivian is an electric vehicle manufacturer
2013 | United States | $491M
Raised $275M led by Walgreens Boots Alliance
VillageMD is a provider of data-driven services for primary care physicians
2014 | United States | $361M
Raised $160M in Series C led by Canada Pension Plan Investment Board
Perfect Day produces animal-free dairy proteins that are nutritionally identical to proteins from cow’s milk
2012 | Germany | $120M
Raised $80M in Series D led by GS Growth
LeanIX is a Software-as-a-Service (SaaS) company that manages Enterprise Architecture and multi-cloud environments
2014 | Indonesia | $110M
Raised $58M in Series E led by Temasek, Pavilion Capital, and Jungle Ventures
Sociolla is an online platform to buy beauty and personal care products
2015 | India | $98M
Raised $56M in Series C led by Investcorp
Zolo is a one-stop destination for individuals looking for shared accommodation options
2018 | United States | $63M
Raised $32M in Series B led by Perceptive Advisors
Kindbody is a health and technology company providing fertility, gynecology, and family-building care
2016 | Israel | $49M
Raised $17M led by Macquarie Capital
XM Cyber offers advanced cyber risk analytics and cloud security posture management solutions
2016 | United States | $38M
Raised $25M in Series B led by Optum Ventures
Truepill is a B2B pharmacy fulfillment service that provides a pharmacy API and fulfillment of medications from its facilities
2017 | Colombia | $39M
Raised $22.5M in Series B led by Cambridge Capital
Liftit is a logistics company that connects providers of cargo transportation services with companies and individuals
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About the data
Alternative data acts as a proxy for a company’s growth and should not be construed as actual performance metrics.
Reach per million is the number of people visiting a website daily (out of a sample of a million users).
Website Reach per million sourced from Alexa.com’s API. Funding information sourced from Crunchbase.