Weekly Funding Insights
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Here are the alternative data highlights on companies that raised funding last week
Over $4.5B were invested in 213 companies worldwide
# of Funding Rounds across categories
Funding round that caught our eye
2012 | Germany | $1.4B
Raised $300M in Convertible Notes led by Farallon Capital Management and the Baupost Group
AUTO1 Group is an online automotive platform that aims to connect buyers and sellers of cars throughout Europe.
With the shortage of new vehicle inventory, safety concerns with shared transportation, and fragile economy in the wake of the COVID-19 pandemic, people are increasingly engaging with the used-car platforms to purchase vehicles. AUTO1 Group is one of the used-car companies to have been benefitted by the pandemic. Its Daily Website Reach hit an all-time high in June 2020.
AUTO1 is now active in 30 European markets and has traded more than 2 million cars. Its revenue grew by 21% to €3.5B in 2019. The company plans to use the funding to build Autohero, its retail second-hand car selling platform.
Auto1’s Competitive Landscape
Auto1 Group faces competition across different verticals from companies such as Auto Trader UK, AutoScout24, Cazoo, and Adesa Europe.
Noticeable companies that raised funding
2006 | United Kingdom | $200M
Raised $200M led by One Equity Partners
Full-stack Communications Platform as a Service (CPaaS) with private cloud infrastructure and zero-hop connectivity to telecoms globally.
2017 | United States | $376M
Raised $200M in Series C led by General Catalyst
Ro is a telehealth startup that operates digital health clinics for men’s and women’s health, along with smoking cessation.
2010 | United States | $183M
Raised $150M from GPI Capital, Sealed Air Corporation, RB, JP Morgan Chase, McKesson Ventures
Pharmapacks is an online health and beauty marketplace.
2017 | United States | $241M
Raised $121M in Series C led by BlackRock
Sema4 is a patient-centered predictive health company.
2014 | United States | $171M
Raised $100M in Series D led by Humana
Heal offers house calls and video appointments with doctors for primary care, as well as digital monitoring and telepsychology services.
2015 | United States | $114M
Raised $91M in Series B led by CPT Capital
Geltor is a bio-design company that makes proteins used in beauty, food, & beverage products like collagen and elastin, but without animals.
2011 | United States | $505M
Raised $85M in Series F led by PayU
Remitly is a mobile payment service that enables users to make person-to-person international money transfers.
2015 | United States | $139M
Raised $80M in Series D led by Generation Investment Management, Greyhound Capital
Guideline is an all-inclusive 401(k) and full-stack solution that automates plan administration and compliance to growing businesses.
2013 | India | $112M
Raised $47M in Series D led by Foundation Holdings
Toppr is an after-school learning app that provides learning courses and entrance exam tutoring.
2015 | United States | $100M
Raised $45M in Series C led by Georgian Partners
Chorus.ai is an AI conversation intelligence cloud platform for sales teams that can transform conversations into data and insights.
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