Weekly Funding Insights
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
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
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.
2017 | Korea, Republic of | $681M
Raised $200M led by The Carlyle Group
Kakao Mobility provides online taxi-hailing and parking services.
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.
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.
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.
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.
2011 | United Kingdom | $160M
Raised $100M in Series D led by Lightspeed Venture Partners
Matillion is an integration platform for cloud data warehouses.
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.
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.
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.
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.