Weekly Funding Insights
Hey there!
Here are some performance metrics on companies that raised funding last week.
Over $4.3B were invested in 167 companies worldwide.
# of funding rounds across categories
Funding round that caught our eye
2013 | United States | $697M
Raised $267M led by Tiger Global Management
SentinelOne delivers autonomous endpoint protection that prevents, detects, and responds to attacks across all major vectors.
SentinelOne has seen 130% YoY revenue growth in Fortune 500 accounts and the company serves 4 of the Fortune 10. It also recorded 104% growth in revenue and 150% growth in transactions over $2 million from Jun ‘19 to Jun ‘20. The company has tripled its valuation since Feb ‘20 to over $3B.
SentinelOne’s Competitive Landscape
Noticeable companies that raised funding
2016 | United States | $1.5B
Raised $500M in Series C led by T. Rowe Price
Nuro develops and operates a fleet of electric self-driving vehicles that are built to deliver assorted local goods.
2010 | United States | $473M
Raised $250M led by The Carlyle Group
Pharmapacks is an e-commerce company that offers products for daily health and wellness needs.
2016 | United States | $405M
Raised $200M in Series D led by L Catterton
Better.com is a comprehensive homeownership journey platform that utilizes technology to change the way people buy and own a home.
1978 | India | $257M
Raised $152M led by Goldman Sachs
Biocon is a fully integrated pure play biosimilars organization, globally engaged in developing high quality affordable biosimilars.
2019 | United Kingdom | $171M
Raised $125M in Series B led by IVP, Tiger Global Management
Hopin is a live virtual events platform that enables attendees to connect, learn, and interact with people anywhere.
2015 | India | $278M
Raised $110M in Series E led by Norwest Venture Partners, Gaja Capital, Investcorp
Xpressbees is an e-commerce logistics company that provides reliable logistics solutions to its partners.
2019 | Indonesia | $100M
Raised $100M in Series B led by Grab
LinkAja is an electronic-based service that makes your financial transactions more exciting.
2015 | United States | $173M
Raised $100M in Series C led by Dragoneer Investment Group
Carbon Health is a tech-enabled healthcare company that delivers a virtual care experience.
2012 | United States | $167M
Raised $75M in Series E led by BlackRock
JumpCloud enables IT to securely manage user identities and connect them to resources regardless of provider, protocol, vendor, or location.
2007 | United States | $190M
Raised $30M led by One Peak Partners
Neo4j graph platform helps organizations make sense of their data by revealing how people, processes, and digital systems are interrelated.
Mental Health issues of depression and anxiety have been seeing more awareness as people tends towards online therapy and meditation platforms to seek consultations. Platforms like Cerebral, Mindstrong, MeruHealth and 7cups have seen upto 170% growth in their website traffic. Find more on our new blog post.