Weekly Funding Insights
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Here are the alternative data highlights on companies that raised funding last week.
Over $4.6B were invested in 218 companies worldwide.
# of funding rounds across categories
Funding round that caught our eye
2016 | Brazil | $420M
Raised $300M in Series C led by General Atlantic
Neon is a digital bank that offers credit cards, personal loans, and investment products, among other services.
Being the first ever fintech in Brazil to offer entirely digital accounts, Neon saw an uptick of 26% in its new users to reach at 9.4 million accounts, as of Sep 2020, with the customers shifting from in-person banking. In order to execute its plan to increase business clients and enhance the platform’s technology capabilities, it has increased its employee base by 78% YoY since Jul 2019.
Neon’s Competitive Landscape
Acesso and C6 also expanded their workforce by 72% and 30% respectively over the last year
Noticeable companies that raised funding
2006 | Singapore | $544M
Raised $220M in from TPG, Kohlberg Kravis Roberts
PropertyGuru Group is an online property company that operates rental and sale listing sites.
2015 | India | $349M
Raised $150M led by SoftBank Vision Fund
Unacademy is building a large educational repository by empowering great educators and making it accessible to everyone.
2010 | Singapore | $163M
Raised $113M in Series D led by Leeds Illuminate, Prosus Ventures
Eruditus collaborates with top universities to make executive education accessible globally.
2008 | India | $1035M
Raised $62M in Series J led by MacRitchie Investments
Zomato is a food delivery and restaurant discovery site that provides information and reviews about restaurants.
2011 | United States | $223M2
Raised $40M led by The Craftory, RB, Sawaya Partners, The Straus Group, The Emerson Group
Pharmapacks is an e-commerce company that offers products for daily health and wellness needs.
1983 | United States | $96M
Raised $40M in Series C led by Rotor Capital Partners
Sarcos is a robotics company developing wearable and teleoperated industrial robotics that improves the safety & productivity of its users.
2016 | United States | $50M
Raised $35M in Series B led by Altimeter Capital
Transposit develops an online DevOps platform that increases application uptime and improves the quality of life for engineers.
2015 | India | $116M
Raised $28M in Series E led by Google, LGT Lightstone
Dunzo is a hyper-local delivery app that fetches and delivers anything and everything within a city.
2014 | United States | $37M
Raised $25M in Series B led by Felicis Ventures
PicnicHealth helps patients easily access their medical records and gives them the opportunity to contribute data to medical research.
2016 | United States | $36M
Raised $22M in Series B led by Stripes
Legion is a workforce management and employee engagement platform.
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