Weekly Funding Insights
Hey there!
Here are the alternative data highlights on companies that raised funding last week.
Over $5.9B were invested in 202 companies worldwide.
# of funding rounds across categories
Funding round that caught our eye
2009 | United States | $579M
Raised $350M led by Hellman & Friedman, Sixth Street
Sprinklr provides enterprise software for customer experience management.
Sprinklr is expected to hit $400M in annual recurring revenue by year-end with a client base of ~1,000. The company experienced a 26% YoY growth in employee count, as of Aug ’20, and is expected to add another 500 over the next 12 months.
Sprinklr’s Competitive Landscape
Noticeable companies that raised funding
2011 | India | $2B
Raised $500M led by Silver Lake
BYJU'S is an educational technology company that develops personalized learning programs for K-12 students.
2013 | United States | $465M
Raised $239M in Series D led by Leaps by Bayer
Recursion Pharmaceuticals is a digital biology company, developing a drug discovery platform and pipeline with machine learning.
2001 | South Africa | $200M
Raised $106M in led by Transaction Capital
Webuycars is a specialised car buying service.
2011 | United States | $272M
Raised $103M in Series E led by The Carlyle Group
Grand Rounds offers an employer-based technology alternative for health care services.
2018 | United States | $144M
Raised $80M in Series C led by General Catalyst, Coatue Management
Melio is a human-centered B2B payments experience, tailor made for small businesses in the US.
2010 | United Kingdom | $201M
Raised $30M in led by CreditEase Fintech Investment Fund
BIMA provides digital health and insurtech services in emerging markets.
2018 | Mexico | $18M
Raised $14M in Series A led by Gradient Ventures
Fondeadora is a digital banking services company that aims to eliminate the inefficiencies related to the traditional banking system.
2014 | Sweden | $18M
Raised $12M in led by eWTP Technology & Innovation Fund
Challengermode is a Swedish eSports startup that allows players to find, create, and compete in tournaments.
2017 | United States | $11M
Raised $11M in Series A led by Forerunner Ventures
Juni Learning is an online academy for accelerated learning.
2018 | United States | $10M
Raised $10M in Series A led by Intel Capital
VertaAI builds software infrastructure to help enterprise data science and machine learning (ML) teams develop and deploy ML models.
With teams moving virtual, employee monitoring tools like Teramind saw 2.7x more traffic on their sites compared to last year. Check out our latest blog-post on Maintaining employee productivity during a pandemic.
Also, check out how people are shifting towards safer modes of vacations with the Recreational Vehicles rentals pacing up.