Weekly Funding Insights
Hey there!
Here are some interesting insights on the funding activity that happened over the last week.
Over $8.4B were invested in 316 companies worldwide.
Funding rounds that caught our eye
Varo Bank
2015 | United States | $992M
💰 Raised $510M in Series E led by Lone Pine Capital
Varo is a digital bank that offers innovative, premium banking services wrapped in inclusive design.
Varo’s Competitive Landscape
Noticeable companies that raised funding
Snyk
2015 | United States | $1.3B
💰 Raised $530M in Series F led by Tiger Global Management, Sands Capital
Snyk is a cloud-native application security provider that enables millions of developers to build software securely.
Jam City
2010 | United States | $652M
💰 Raised $350M led by Fortress Investment Group
Jam City is a mobile entertainment company, connecting the world through technology, creativity, and play.
Cars24
2015 | India | $654M
💰 Raised $259M in Series F from Moore Strategic Partners, BloombergSen Investment Partners, Tencent, Exor Seeds, Alpha Wave Incubation, DST Global
Cars24 offers a tech-enabled marketplace for buying and selling pre-owned cars.
Aviatrix
2014 | United States | $341M
💰 Raised $200M in Series E led by TCV
Aviatrix is a multi-cloud network platform that provides security and operational visibility.
Mammoth Biosciences
2017 | United States | $220M
💰 Raised $150M in Series D led by Redmile Group
Mammoth Biosciences develops novel CRISPR applications for disease detection, research, agriculture, biodefense, and more.
Inbrace
2014 | United States | $173M
💰 Raised $102M in Series D led by Marshall Wace, Farallon Capital Management
Swift Health Systems is a stealth stage start-up medical device company, developing Inbrace.
Beauty Pie
2018 | United Kingdom | $100M
💰 Raised $100M in Series B led by Index Ventures, Insight Partners
Beauty Pie mission is to bring our members the world's best beauty products at totally transparent factory cost prices.
Orchard
2017 | United States | $472M
💰 Raised $100M in Series D led by Accomplice
Orchard is an online platform for buying and selling residential real estate.
Tricolor
2007 | United States | $120M
💰 Raised $90M led by BlackRock
Tricolor Auto Group sells and finances high quality, certified used vehicles.
Marshmallow
2017 | United Kingdom | $116M
💰 Raised $85M in Series B from Passion Capital, Investec, Scor
Marshmallow is a full-stack insurance carrier driven by technology.