Weekly Funding Insights

Hey there!

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

Over $166B were invested in 286 companies worldwide.

# of funding rounds across categories

Performance Metrics of companies that got funded last week

Funding round that caught our eye

Public.com

2018 | United States | $309M
Raised $220M from Accel, Greycroft, and Lakestar

Public is the investing social network where members can own fractional shares of stocks and ETFs.

Public reported 1 million members in its community, within eighteen months of its launch. The funding will help the company build out its product offerings to include crypto, pre- and post-market trading, recurring investments and more.

Public.com’s Competitive Landscape

Noticeable companies that raised funding

SpaceX

2002 | United States | $6.3B
Raised $850M led by Sequoia

SpaceX is an aviation and aerospace company that designs, manufactures, and launches advanced rockets and spacecraft.

Kakao Mobility

2017 | Korea, Republic of | $681M
Raised $200M led by The Carlyle Group

Kakao Mobility provides online taxi-hailing and parking services.

Locus Robotics

2014 | United States | $249M
Raised $150M in Series E led by Tiger Global Management, Bond

Locus Robotics is a warehouse robotics company that manufactures autonomous mobile robots to support e-commerce.

OutSystems

2001 | United States | $572M
Raised $150M in Series E led by Tiger Global Management, Abdiel Capital

OutSystems is a low-code platform that enables businesses to develop, deploy, and manage enterprise-grade apps.

WilsonHCG

2002 | United States | $133M
Raised $120M led by 3i Group

WilsonHCG is an RPO and human capital consulting firm that offers talent consulting and executive search services to its clients.

Blockchain.com

2011 | United Kingdom | $190M
Raised $120M from Moore Strategic Ventures, Eldridge, GV, Lakestar, Lightspeed Venture Partners, Access Industries, Rovida Advisors

Blockchain.com is a platform that offers ways to buy, hold and use cryptocurrency.

Matillion

2011 | United Kingdom | $160M
Raised $100M in Series D led by Lightspeed Venture Partners

Matillion is an integration platform for cloud data warehouses.

Copado

2013 | Spain | $131M
Raised $96M in Series B led by Insight Partners, Salesforce Ventures

Copado is a developer operations (DevOps) platform built for Salesforce to automate or minimize manual tasks.

Descomplica

2011 | Brazil | $114M
Raised $83M in Series E led by SoftBank, Invus Opportunities

Descomplica is a provider of an online educational platform designed to prepare students for college entrance exams.

Red Canary

2014 | United States | $130M
Raised $81M in Series C led by Summit Partners

Red Canary is a cybersecurity technology company delivering cloud-based? security services.

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.

Synaptic Insights

Remittances are ramping up in digital medium as Western Union and Moneygram reported a 2x increase in share of digital revenues. Website traffic of Transferwise, Airwallex and Airtm saw more than 3x growth YoY in Jan ‘21. Check out the new blog post on Synaptic Insights to know more.