Weekly Round-Up – November 15 to November 21
November 24, 2021
Faire announced the closing of $400 million in a Series G investment round co-led by Durable Capital Partners LP, D1 Capital Partners, and Dragoneer Investment Group. Faire is a global online wholesale platform that connects over 300,000 shops with 40,000 manufacturers.
Conductor announced a $150 million funding round. Bregal Sagemount led the round. Conductor is a search engine optimization and content marketing technology startup that helps businesses transform their knowledge into marketing that benefits their consumers.
GrubMarket announced that it raised $200 million in a massively oversubscribed Series E funding round from Tiger Global Management, Apeira Capital, BlackRock, Celtic House Asia Partners, Japan Post Capital, Liberty Street Funds, We Capital, and Walleye Capital. GrubMarket is a food technology firm to digitally change the food supply chain in the United States.
H1announced that it raised a $100M Series C round of funding led by Altimeter Capital, Flex Capital, Goldman Sachs Asset Management, IVP, Transformation Capital, Menlo Ventures, Lux Capital, and LeadEdge. H1 is a startup that gives insights from across the data universe to healthcare and life science organizations to speed up the research and development of disease-fighting treatments.
Cala Health announced $77 million in new financing led by Ascension Ventures, PEAK6 Strategic Capital, Dolby Family Ventures, and Innovatus Capital Partners. Cala Health is a bioelectronic medical business that is revolutionizing chronic illness treatment.
PlanetScale announced that it secured $50 million in funding in a Series C round. The financing was led by 16z, Kleiner Perkins, SignalFire, and Insight Partners. PlanetScale is a software firm located in California that offers a platform for deploying and operating Vitess clusters at scale.
Mixpanel announced that it had secured a $200 million Series C growth investment from Bain Capital Tech Opportunities. Mixpanel is a company that specialises in corporate analytics.
PLACE has secured a $100 million Series A round. The financing round was led by Goldman Sachs Asset Management and 3L Capital. PLACE is a full-service real estate technology platform that partners with the real estate teams and brokerages in the United States and Canada.
Netlify raised $105 million in funding. The funding round was led by Bessemer Venture Partners BOND, Andreessen Horowitz, Kleiner Perkins, EQT Ventures, Mango Capital, and Menlo Ventures. Netlify is a cloud computing business established in San Francisco that provides web hosting and serverless backend services for static websites and web apps.
aptihealth announced a $50 million Series B funding round from Takeda Digital Ventures, Pivotal Life Sciences, Vista Credit Partners, Olive Tree Ventures, Claritas Capital, and What If Ventures. aptihealth, inc. is a behavioral health engagement firm that integrates physical and behavioral healthcare using technology.
Gradiant announced it had raised over $100 million in Series C funding. Warburg Pincus and Schlumberger New Energy led the round. Gradiant offers solutions in wastewater treatment, desalination, and end-to-end water solutions for industrial and municipal users.
Heyday announced the close of its $555 million Series C funding round. The Raine Group, Victory Park Capital, Premji Invest, General Catalyst, and Khosla Ventures led the financing round. Heyday is a digital brand acceleration tool for today’s customers.
Nexar announced the completion of a $53 million Series D funding round. The round was led by Qumra Capital, Corner Ventures, State Farm Ventures, Banca Generali, Valor, Atreides Management, Regah Ventures, Catalyst Investments, and Aleph. Nexar creates software that protects users and businesses from automobile accidents and road fatalities.
Yieldstreet closed a strategic $50 million follow-on investment led by Mayfair Equity Partners. Yieldstreet is an alternative financial platform that links everyday people with high-yielding investment options.
8fig announced the completion of a $50 million Series A funding round. The funding round was led by LocalGlobe, Battery Ventures, and Matt Robinson. 8fig is a financial platform that matches supply chain demands with continuous, adaptive capital.
Sierra Space announced a $1.4 billion Series A investment of primary capital. The round was led by General Atlantic, Moore Strategic Ventures, Coatue, BlackRock Private Equity Partners, and AE Industrial Partners. Sierra Space is a corporation that creates space systems and components.
Benchling has raised $100 million in Series F funding at a $6.1 billion valuation. The round was co-led by Altimeter Capital, Franklin Templeton, Lone Pine Capital, and Tiger Global. Benchling is a San Francisco-based firm that focuses on both private and public life science cooperation.
Stytch has raised a $90M Series B valuing the company at $1 billion. The funding was led by Coatue, Thrive, Benchmark, and Index. Stytch is developing a developer platform that will provide enterprises with the tools and infrastructure to integrate passwordless authentication into their apps and websites.
EasyHealth has raised $135 million in equity and debt funding co-led by Anthemis Group, QED Investors, Nationwide Ventures, Victory Park Capital, Brewer Lane, Healthy Ventures, and Operator Partners. EasyHealth is a Medicare insurance platform that prioritizes the needs of its customers.