Weekly Funding Insights

Hey there!

Here are some interesting insights on the funding activity that happened over the last week.

Over $11.7B were invested in 350 companies worldwide.


Performance Metrics of companies that got funded last week


Funding round that caught our eye

Cazoo

2013 | United States | $2.5B

💰 Raised $1B led by General Catalyst, D1 Capital Partners

Cazoo is an online used car marketplace designed to transform the way people buy, finance, or rent used cars.

Cazoo plans to expand both its sales portal and other businesses lines, such as a car subscription service, which currently has 6,000+ subscribers. It saw its sales grow by over 300% and is on track for 2021 revenues to approach $1 billion.

Cazoo’s Competitive Landscape


Noticeable companies that raised funding

BYJU’S

2011 | India | $2347M

💰 Raised $460M in Series F led by MC Global Edtech Investment Holdings

BYJU'S is an educational technology company that develops personalized learning programs for K-12 students.

Dapper Labs

2018 | Canada | $357M

💰 Raised $305M led by Coatue

Dapper Labs is a consumer-focused Flow blockchain product made for fun and games and supports digital collectibles.

HighRadius

2006 | United States | $475M

💰 Raised $300M in Series C led by D1 Capital Partners, Tiger Global Management

HighRadius is a SaaS company that develops an artificial intelligence-based order-to-cash and treasury management software.

Tonal

2015 | United States | $450M

💰 Raised $250M in Series E led by Dragoneer Investment Group

Tonal is a smart home gym that uses artificial intelligence and coaching to provide strength training.

Fetch Rewards

2013 | United States | $342M

💰 Raised $210M in Series CD led by SoftBank Vision Fund

Fetch Rewards is a mobile shopping platform that rewards shoppers for buying the brands they love

Crossover Health

2010 | United States | $281M

💰 Raised $168M in Series D led by Deerfield Management

Crossover Health designs and delivers membership-based primary health and secondary care services to self-insured employers.

Harry's

2013 | United States | $652M

💰 Raised $155M in Series E led by Macquarie Capital, Bain Capital

Harry is a developer of an online platform used to sell shaving equipment and accessories for men.

dLocal

2016 | Uruguay | $357M

💰 Raised $150M led by Alkeon Capital

dLocal is a cross-border payment processor that connects global merchants to emerging markets.

Hotmart

2011 | Brazil | $127M

💰 Raised $127M in Series C led by TCV

Hotmart is a platform for those who wish to start a digital business.

OPSWAT

2002 | United States | $125M

💰 Raised $125M led by Brighton Park Capital

OPSWAT protects critical infrastructure by enabling the safe transfer of files and devices to and from secure environments.

Note: Alexa Reach per million is the number of people visiting the website on a daily basis out of 1 million people chosen from a larger sample set.