Weekly Funding Insights
Hey there!
Here are some interesting insights on the funding activity that happened over the last week.
Over $9.8B were invested in 354 companies worldwide.
Performance Metrics of companies that got funded last week
Funding round that caught our eye
Bitso
2014 | Mexico | $316M
💰 Raised $250M in Series C led by Coatue, Tiger Global
Bitso is a cryptocurrency exchange platform that allows users to buy and sell bitcoin and other cryptocurrencies.
Bitso reported more than $1.2B worth of international transactions in the year 2020 and has established a user base of 2 million users
Bitso’s Competitive Landscape
Noticeable companies that raised funding
Kajabi
2009 | United States | $550M
💰 Raised $550M led by Tiger Global Management
Kajabi is a knowledge e-commerce platform that helps entrepreneurs build, market, and sell educational content online.
Oxford Nanopore Technologies
2005 | United Kingdom | $1.4B
💰 Raised $271M led by M&G Investments
Oxford Nanopore Technologies develops nanopore-based electronic systems for analyzing single molecules, including DNA, RNA, and proteins.
Acronis
2003 | Switzerland | $408M
💰 Raised $250M led by CVC Capital Partners
Acronis is a cybersecurity company that solves safety, accessibility, privacy, authenticity, and security challenges.
ReCharge
2014 | United States | $277M
💰 Raised $227M in Series B from Bain Capital Ventures, ICONIQ Growth, Summit Partners
ReCharge offers subscription management software for e-commerce businesses.
HoneyBook
2013 | United States | $241M
💰 Raised $155M in Series D led by Durable Capital Partners
HoneyBook is a business management platform creating tools to help creative entrepreneurs run their businesses on their own terms.
Forge
2014 | United States | $239M
💰 Raised $150M from Deutsche Borse, Temasek Holdings, Wells Fargo Strategic Capital, Inc., LUN Partners Group
Forge (formerly Equidate) is a marketplace for private equity, giving private and institutional investors access to top pre-IPO companies.
Ada
2016 | Canada | $191M
💰 Raised $130M in Series C led by Spark Capital
Ada is an automated customer experience company that provides chat bots used in customer support.
Einride
2016 | Sweden | $152M
💰 Raised $110M in Series B from Norrsken VC, Plum Alley, NordicNinja VC, Soros Fund Management, Build Capital, Temasek Holdings, EQT Ventures, Northzone, Ericsson, Maersk Growth
Einride is an electric and autonomous freight tech company that designs and develops technologies for transportation systems.
Vida Health
2014 | United States | $188M
💰 Raised $110M in Series D led by General Atlantic, Centene, AXA Venture Partners
Vida Health is a virtual care platform that provides health coaching from experienced health care providers and medical institutions.
Material Bank
2018 | United States | $148M
💰 Raised $100M in Series C led by General Catalyst, Durable Capital Partners
Material Bank is a logistics platform for the architectural and design industry