Weekly Funding Insights
Hey there!
Here are some interesting insights on the funding activity that happened over the last week.
Over $9.2B were invested in 309 companies worldwide.
Performance Metrics of companies that got funded last week
Funding round that caught our eye
Brex
2017 | United States | $1.2B
💰 Raised $425M in Series D led by Tiger Global Management
Brex offers business credit cards and cash management accounts to technology companies.
Brex reported an 80% increase in total customers, while new monthly customers rose by 5x in the first quarter of 2021.
Brex’s Competitive Landscape
Noticeable companies that raised funding
MessageBird
2011 | The Netherlands | $1.1B
💰 Raised $800M in Series C from Atomico, BlackRock, Mousse Partners, Accel, Glynn Capital, Eurazeo, Y Combinator, Lightrock, Owl Rock, Tiger Global, Bonnier Ventures, NewView Capital, Longbow Capital
MessageBird is a cloud communications platform that connects enterprises to their global customers.
Kry
2015 | Sweden | $569M
💰 Raised $317M in Series D led by CPP Investments, Fidelity
Kry helps patients to make active choices about their health in partnership with public and private healthcare professionals.
Paxos
2012 | United States | $535M
💰 Raised $300M in Series D led by Oak HC/FT
Paxos is a regulated financial institution building infrastructure to enable movement between physical and digital assets.
Arrive Logistics
2014 | United States | $335M
💰 Raised $300M led by ATL Partners
Arrive Logistics is a carrier and customer-centric logistics company that focuses on new standards for service in freight.
Capsule
2016 | United States | $570M
💰 Raised $300M in Series D led by Durable Capital Partners
Capsule is a healthcare technology business rebuilding the pharmacy from the inside out.
Greenlight
2014 | United States | $557M
💰 Raised $260M in Series D led by Andreessen Horowitz
Greenlight is a fintech company that provides a debit card designed to help parents monitor their child's spending habits.
Vena Solutions
2011 | Canada | $418M
💰 Raised $242M in Series C led by Vista Equity Partners
Vena connects people, existing systems, and data to power finance-led business planning and real-time reporting.
Current
2015 | United States | $402M
💰 Raised $220M in Series D led by Andreessen Horowitz
Current is a financial technology company that offers mobile payments, online banking, and financial services.
Urban Company
2014 | India | $380M
💰 Raised $189M in Series F led by Prosus Ventures
Urban Company provides a platform that enables bookings for services like home repairs, maintenance as well as beauty & wellness.
Sysdig
2013 | United States | $380M
💰 Raised $188M in Series F led by PremjiInvest, Third Point Ventures
Sysdig is a cloud-native visibility and security company that provides cloud and container security for enterprises and their DevOps teams.