Weekly Funding Insights
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
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
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.
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.
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.
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.
2012 | South Africa | $169M
Raised $110M from JG Summit Holdings, Apis Partners
TymeBank is a South African fully black-owned and controlled investment company.
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.
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.
2011 | United States | $93M
Raised $93M in Series C led by Sequoia Capital China, LYFE Capital
ABclonal is a biotechnology company located in Woburn.
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.
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.