Weekly Funding Insights
Hey there!
Here are some interesting insights on the funding activity that happened over the last week.
Over $10.5B were invested in 383 companies worldwide.
Performance Metrics of companies that got funded last week
Funding round that caught our eye
Trade Republic
2015 | Germany | $996M
💰 Raised $900M in Series C led by Sequoia Capital
Trade Republic is a mobile-only and commission-free broker that offers investment opportunities.
Trade Republic has grown to a 1 million user base with core operations in France, Austria, and Germany and reported 6 billion euros in assets under management. Over the next 12 months, the company plans to expand to other European countries
Trade Republic’s Competitive Landscape
Noticeable companies that raised funding
Beta Technologies
2017 | United States | $511M
💰 Raised $368M in Series A led by Fidelity Management and Research Company
Beta Technologies manufactures electric vertical takeoff and landing (eVTOL) aircraft and recharging pad systems.
Back Market
2014 | France | $511M
💰 Raised $335M in Series D led by General Atlantic, Generation Investment Management
Back Market is an online marketplace for refurbished electronics.
Klaviyo
2012 | United States | $679M
💰 Raised $320M in Series D led by Sands Capital
Klaviyo is marketing automation and email platform designed to help grow businesses.
Pine Labs
1998 | India | $423M
💰 Raised $285M from Marshall Wace, Baron Capital, Duro Capital, Lone Pine Capital, Sunley House Capital Management, Ward Ferry Management, Temasek Holdings, Moore Strategic Ventures
Pine Labs is a merchant commerce platform that provides financing and last-mile retail transaction technology to merchants.
Extend
2019 | United States | $316M
💰 Raised $260M in Series C led by SoftBank Vision Fund
Extend provides extended warranties as a service to merchants and innovates the broken customer experience associated with them.
Lyra Health
2015 | United States | $675M
💰 Raised $200M in Series F led by Coatue
Lyra helps companies improve access to effective mental health care for their employees.
Figure
2018 | United States | $1612M
💰 Raised $200M in Series D led by 10T Holdings, Morgan Creek Digital
Figure is a financial services company leveraging blockchain technology
Tenstorrent
2016 | Canada | $235M
💰 Raised $200M in Series C led by Fidelity Management and Research Company
Tenstorrent is a computing company that develops processors designed to help in faster training and adaptability to future algorithms.
PathAI
2016 | United States | $255M
💰 Raised $165M in Series C D1 Capital Partners, Kaiser Permanente
PathAI is developing technology that assists pathologists in making rapid and accurate diagnoses for every patient, every time.
Cognite
2017 | Norway | $225M
💰 Raised $150M led by TCV
Cognite develops an industrial IoT data platform that enables digital transformation of heavy-asset industries.