Weekly Funding Insights
Hey there!
Here are some interesting insights on the funding activity that happened over the last week.
Over $8.9B were invested in 324 companies worldwide.
Funding rounds that caught our eye
Eruditus
2010 | India | $813M
💰 Raised $650M in Series E led by Canada Pension Plan Investment Board, Prosus Ventures, SoftBank Vision Fund, Accel at a valuation of $3.2B
Eruditus provides global access to executive education programs.
Eruditus’s Competitive Landscape
Noticeable companies that raised funding
Carta
2012 | United States | $1.1B
💰 Raised $500M in Series G led by Silver Lake
Carta is a global ownership management platform that helps companies, investors, and employees manage equity and ownership.
VerSe Innovation
2007 | India | $884M
💰 Raised $450M in Series I led by Siguler Guff & Company, Baillie Gifford, Carlyle Global Partners
VerSe Innovations is the parent company of short video platform Josh and digital media platform DailyHunt
Ualá
2017 | Argentina | $544M
💰 Raised $350M in Series D led by Tencent, Softbank Latin America Ventures
Ualá is a fintech company that offers a financial ecosystem through an app, linked to a free international Mastercard card.
OwnBackup
2012 | United States | $507M
💰 Raised $240M in Series E led by Alkeon Capital, B Capital Group
OwnBackup provides backup and recovery solutions for companies that use Salesforce.
FalconX
2018 | United States | $277M
💰 Raised $210M in Series C led by Altimeter Capital, Tiger Global Management, Sapphire Ventures, B Capital Group
FalconX is a blockchain, cryptocurrency, and fintech-focused cryptocurrency brokerage and digital asset trading platform.
LaunchDarkly
2014 | United States | $330M
💰 Raised $200M in Series D led by Lead Edge Capital
LaunchDarkly is a feature management platform that allows software development teams to deliver to their customers.
Divvy
2017 | United States | $490M
💰 Raised $200M in Series D led by Caffeinated Capital, Tiger Global Management
Divvy Homes is a tech-enabled real estate platform that facilitates rent-to-own home purchases.
Gusto
2011 | United States | $691M
💰 Raised $175M in Series E led by T. Rowe Price
Gusto provides a cloud-based payroll, benefits, and human resource management solution for businesses.
80 Acres Farms
2015 | United States | $250M
💰 Raised $160M in Series B led by General Atlantic
80 Acres Farms is a Cincinnati, OH-based indoor farming company.
TaxBit
2018 | United States | $236M
💰 Raised $130M in Series B led by Insight Partners, IVP
TaxBit is a cryptocurrency tax and accounting software that automates tax calculations and reporting on cryptocurrency transactions.