Weekly Funding Insights
Hey there!
Here are some interesting insights on the funding activity that happened over the last week.
Over $12.1B were invested in 374 companies worldwide.
Performance Metrics of companies that got funded last week
Funding round that caught our eye
Noom
2008 | United States | $657M
💰 Raised $540M in Series F led by Silver Lake
Noom is a psychology-based digital health platform used to provide nutrition and exercise coaching.
Noom reported $400 million in revenue in 2020 with 45 million downloads across 100 countries. The company plans to spend newly raised funds for expansion in other geographies and share repurchases.
Noom’s Competitive Landscape
Noticeable companies that raised funding
Marelli
2019 | Japan | $1.2B
💰 Raised $1.2B led by Kohlberg Kravis Roberts Japan
Marelli is a supplier of automotive components including cockpit systems, thermal systems, exhaust systems, and advanced electronic products.
Perch
2019 | United States | $909M
💰 Raised $775M in Series A led by SoftBank Vision Fund
Perch is a technology-driven company that acquires direct-to-consumer businesses that are selling on Amazon and growing their operations.
Kakao
2011 | Japan | $643M
💰 Raised $551M led by Anchor Equity Partners
Kakao Japan is a free smartphone calling and messenger application.
Contentsquare
2012 | France | $812M
💰 Raised $500M in Series E led by SoftBank Vision Fund
Contentsquare develops a digital experience analytics platform that enables businesses to track online customer behavior.
Circle
2013 | United States | $711M
💰 Raised $440M from Intersection Fintech Ventures, Willett Advisors LLC, Fidelity Management and Research Company, Marshall Wace, Breyer Capital, Atlas Merchant Capital, Valor Capital Group, Pillar VC, Digital Currency Group, FTX Exchange
Circle is a global internet finance company, built on blockchain technology and powered by crypto assets.
QuintoAndar
2012 | Brazil | $635M
💰 Raised $300M in Series E led by Ribbit Capital
QuintoAndar is a platform that simplifies the rental of residential real estate for landlords and renters.
Bowery Farming
2014 | United States | $468M
💰 Raised $300M in Series C led by Fidelity Management and Research Company
Bowery Farming uses vision systems, automation technology, and machine learning to monitor plants and their growth.
Zeta
2015 | United States | $310M
💰 Raised $250M in Series C led by SoftBank Vision Fund
Zeta is a modern banking tech company providing Modern Core and Processing for FIs and Embeddable Banking for fintech and distributors.
Aurora Solar
2013 | United States | $323M
💰 Raised $250M in Series C led by Coatue
Aurora Solar is a SaaS company that uses aerial imagery to assess solar installation projects.
Snapdocs
2012 | United States | $253M
💰 Raised $150M in Series D led by Tiger Global Management
Snapdocs is a mortgage technology company that helps real estate participants close work together through integration and automation.