Weekly Funding Insights
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Here are some performance metrics on companies that raised funding last week.
Over $8.6B were invested in 327 companies worldwide.
# of funding rounds across categories
Performance Metrics of companies that got funded last week
Funding round that caught our eye
2007 | United States | $175M
Raised $150M by T. Rowe Price, Durable Capital Partners, The Rise Fund
Rad Power Bikes is an electric bike manufacturer that offers direct to consumer pricing on e-bikes and accessories.
The company has 11 different bikes in its portfolio, and presence in ~30 countries. It also sells to more than 1,000 commercial customers, including national pizza chains, food delivery companies, rental fleets and tech companies.
Rad Power Bike’s Competitive Landscape
Noticeable companies that raised funding
2013 | United States | $1.9B
Raised $1B in Series G led by Franklin Templeton Investments
Databricks is a data-and-AI company that interacts with corporate information stored in the public cloud.
2005 | United States | $2B
Raised $750M in Series F led by Coatue, Alkeon Capital
UiPath is a company developing robotic process automation and artificial intelligence software.
2010 | United States | $219M
Raised $155M in Series D led by Kinnevik AB
Vivino is a wine app and online wine marketplace that provides users tools to buy better wine based on their unique tastes.
2015 | United States | $427M
Raised $125M in Series G led by Eldridge
Stash is an investing and banking platform that unites banking, investing, and advice all in one app.
2017 | United States | $290M
Raised $110M in Series C led by Tiger Global Management
Divvy Homes is a tech-enabled real estate platform that facilitates rent-to-own home purchases.
2011 | United States | $165M
Raised $100M in Series D led by Glade Brook Capital Partners
Good Eggs is an online grocer and meal kit delivery service with a mission to reinvent the food system, for good.
2018 | India | $226M
Raised $95M in Series D led by Composite Capital Management, Moore Strategic Ventures
Mobile Premier League is a skill-based eSports platform used to offer cash prizes while playing games.
2017 | United States | $76M
Raised $60M in Series B led by GS Growth
Slync.io is a provider of process automation for enterprise supply chains and the global logistics industry.
2013 | United States | $64M
Raised $52M in Series B led by Wildcat Venture Partners, Westerly Winds
LeaseLock is an insurance technology company that leverages artificial intelligence to eliminate security deposits.
2011 | United States | $102M
Raised $50M in Series C from NVIDIA, Samsung Catalyst Fund, Hitachi Ventures, Republic Labs, Nautilus Venture Partners, M12
Rescale is a cloud simulation platform that enables research scientists and engineers to build, compute, analyze, and scale simulations.
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.
Buy Now Pay Later (BNPL) emerged as the preferred option for customers facing cash crunch in the year end festive shopping season. While players like Paypal, Grab and Amazon introduced pay later options, Sezzle, Zibby and Afterpay saw its website traffic growing up to 450% YoY in Dec ‘20. Check out the new blog at Synaptic Insights to know more.