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.