Weekly Funding Insights

Hey there!

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

Over $8.6B were invested in 355 companies worldwide.

# of funding rounds across categories

Performance Metrics of companies that got funded last week

Funding round that caught our eye

Zomato

2008 | India | $2.1B
Raised $250M from Kora

Zomato is an online restaurant guide and food ordering platform that allows users to order meals from restaurants and have them delivered.

Zomato reported a revenue of $338M in FY ‘20 with a nearly two-fold increase from FY ‘19. Whiles its FY ‘20 losses surges 160% compared to FY ‘19 and stood at $334M. Its playstore app ratings show a recovery to reach near pre-covid levels over the past 3 months in Jan’21.

Zomato’s Competitive Landscape

Noticeable companies that raised funding

Plume Design

2015 | United States | $447M
Raised $270M in Series E led by Insight Partners

Plume is a SaaS platform that provides the delivery of technological services for connected homes.

Highspot

2012 | United States | $397M
Raised $200M in Series E led by Tiger Global Management

Highspot is an AI-fueled sales enablement platform that helps companies worldwide improve the performance of their sales teams.

Wallapop

2013 | Spain | $193M
Raised $191M in Series G led by Korelya Capital

Wallapop is a hyper-local mobile marketplace for buying and selling secondhand goods.

BetterUp

2013 | United States | $270M
Raised $125M in Series D led by ICONIQ Growth

BetterUp is a mobile-based leadership development platform used by Fortune 500 companies.

TymeBank

2012 | South Africa | $169M
Raised $110M from JG Summit Holdings, Apis Partners

TymeBank is a South African fully black-owned and controlled investment company.

ScienceLogic

2003 | United States | $214M
Raised $105M in Series E led by Silver Lake Waterman

ScienceLogic is a provider of AI-driven monitoring solutions for hybrid cloud management.

Newsela

2013 | United States | $172M
Raised $100M in Series D from TCV, Franklin Templeton Investments

Newsela is an Ed-tech startup that takes content from trusted providers and turns it into learning materials. or minimize manual tasks.

ABclonal

2011 | United States | $93M
Raised $93M in Series C led by Sequoia Capital China, LYFE Capital

ABclonal is a biotechnology company located in Woburn.

Terminus

2014 | United States | $121M
Raised $90M in Series C led by Great Hill Partners

Terminus is a marketing platform used to target companies, engage decision-makers on their terms, and accelerate pipeline velocity.

Anchorage

2017 | United States | $137M
Raised $80M in Series C led by GIC

Anchorage is the premier digital asset platform for institutions.

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.