Weekly Funding Insights
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Here are some performance metrics on companies that raised funding last week.
Over $5.0B were invested in 153 companies worldwide.
# of funding rounds across categories
Funding round that caught our eye
2015 | United States | $709M
Raised $350M led by Mitsui Sumitomo Insurance Company
Hippo Insurance is an insurtech company that uses technology to help homeowners maintain their properties.
In July, the company’s total written premiums reached $270M, a 140% increase YoY. In the second quarter, Hippo’s sales increased by 60% YoY. Hippo said the funding will help it roll out products in additional states, with the goal to reach 95% of the U.S. homeowners in the next year.
Hippo’s Competitive Landscape
After a surge in the middle of the year, Hippo's web traffic is now similar to its competitors, Kin and Branch
Noticeable companies that raised funding
2006 | United States | $400M
Raised $400M led by General Atlantic
Torchy's Tacos is an Austin, Texas-based chain of taco restaurants.
2015 | India | $394M
Raised $200M in Series E led by DST Global
Cars24 offers a tech-enabled marketplace for buying and selling pre-owned cars.
2015 | United States | $182M
Raised $131M in Series C led by Tiger Global Management
Current is a leading U.S. challenger bank built to meet the needs of people who have been overlooked by the traditional banking industry.
2014 | United States | $167M
Raised $100M in Series C led by Addition
Chainalysis is a blockchain analysis company providing data and analysis to government agencies, exchanges, and financial institutions.
2018 | Germany | $200M
Raised $93M Series C led by Apeiron Investment Group, Catalio Capital Management
The biotech platform to heal mental health disorders leveraging cutting-edge scientific research and technology.
2014 | Israel | $73M
Raised $45M in Series B led by Koch Disruptive Technologies
Percepto is a developer of autonomous drone technology for surveillance and inspections.
2011 | United States | $50M
Raised $40M in Series C led by Provenance
MeUndies brings together sustainable fabric and innovative design to make soft underwear and loungewear for its customers.
2015 | India | $41M
Raised $35M in Series B led by Apis Partners
Cashfree is a payments and banking technology company that enables businesses in India to collect payments online and make payouts.
2016 | United States | $38M
Raised $27M led by Index Ventures, Toba Capital
Boulevard is a business management platform developed to help streamline the operations of appointment-based businesses.
2015 | United States | $45M
Raised $25M in Series C led by Elevation Capital
Country Delight produces and distributes milk intended to provide good quality and unadulterated milk at doorstep.
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