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Saturday, February 29, 2020

The Weekly Notable Startup Funding Report: 3/2/20 - AlleyWatch

Air

$6.0M - Seed

Brooklyn-based Air is the whiteboard for your team's images and videos. Founded by Shane Hegde and Tyler Strand in 2017, Air has now raised a total of $7.5M in total equity funding and is backed by investors that include Lerer Hippeau, Advancit Capital, WndrCo, Red Sea Ventures, and Todd Jackson.

Anagram

$9.1M - Series A

Santa Monica-based Anagram designs an online insurance and billing automation platform that helps ancillary healthcare providers. Founded by Brett Plotzker, Jeremy Bluvol, and Kam Kudla in 2014, Anagram has now raised a total of $14.9M in total equity funding and is backed by investors that include FundersClub, Tom Williams, Cantos, Rogue Venture Partners, and Hack VC.

Eaze

$35.0M - Series D

San Francisco-based Eaze is an online marketplace and technology platform that helps provide legal access to cannabis through safe and convenient delivery. Founded by Keith McCarty and Roie Edery in 2014, Eaze has now raised a total of $202.5M in total equity funding and is backed by investors that include 500 Startups, Slow Ventures, FJ Labs, Great Oaks Venture Capital, and Winklevoss capital.

Flock Freight

$50.0M - Series B

Solana Beach-based Flock Freight is a business-to-business freight shipping company. Founded by Oren Zaslansky in 2015, Flock Freight has now raised a total of $70.5M in total equity funding and is backed by investors that include Foundation Capital, SignalFire, TenOneTen Ventures, GV, and Karmel Capital.

Ripcord

$45.0M - Series B

Hayward-based Ripcord is the robotics digitization company, combining hardware and software robotics via an integrated SaaS offering. Founded by Alex Fielding, Kevin Hall, and Kim Lembo in 2014, Ripcord has now raised a total of $104.5M in total equity funding and is backed by investors that include CDK Global, Silicon Valley Bank, Lux Capital, Baidu Ventures, and GV.

HeadSpin

$60.0M - Series C

Palo Alto-based HeadSpin is the world's first Connected Intelligence Platform. Founded by Brien Colwell and Manish Lachwani in 2015, HeadSpin has now raised a total of $80.0M in total equity funding and is backed by investors that include Battery Ventures, Tiger Global Management, Dell Technologies Capital, Palo Alto Networks, and GGV Capital.

HealthJoy

$30.0M - Series C

Chicago-based HealthJoy is a benefits experience platform helping employees make smart healthcare decisions with personalized guidance and AI technology. Founded by Doug Morse-Schindler and Justin Holland in 2014, HealthJoy has now raised a total of $48.5M in total equity funding and is backed by investors that include GoHealth, Relativity, Chicago Ventures, U.S. Venture Partners (USVP), and EPIC Ventures.

Roblox

$150.0M - Series G

San Mateo-based Roblox is an online entertainment platform that helps power the imaginations of people around the world. Founded by David Baszucki in 2006, Roblox has now raised a total of $335.7M in total equity funding and is backed by investors that include Tencent Holdings, Andreessen Horowitz, Tiger Global Management, Index Ventures, and Temasek Holdings.

Karius

$165.0M - Series B

Redwood City-based Karius provides genomic insights for infectious diseases to enable clinicians to make life-saving treatment decisions. Founded by Mickey Kertesz, Steve Quake, and Tim Blauwkamp in 2014, Karius has now raised a total of $229.0M in total equity funding and is backed by investors that include Tencent Holdings, General Catalyst, Khosla Ventures, Lightspeed Venture Partners, and SoftBank Vision Fund.

K Health

$48.0M - Series C

New York-based K Health develops a mobile app that uses AI to deliver personalized primary care better, faster, and cheaper. Founded by Adam Singolda, Allon Bloch, Israel Roth, and Ran Shaul in 2016, K Health has now raised a total of $97.3M in total equity funding and is backed by investors that include Lerer Hippeau, Bessemer Venture Partners, Anthem, Primary Venture Partners, and Comcast Ventures.

Molekule

$58.0M - Series C

San Francisco-based Molekule is a San Francisco-based science and clean air company that has developed a fundamentally new approach to cleaning air. Founded by Dilip Goswami, Jaya Rao, and Yogi Goswami in 2014, Molekule has now raised a total of $96.4M in total equity funding and is backed by investors that include Foundry Group, Uncork Capital, TransLink Capital, Foxconn Technology Group, and Crosslink Capital.

Plume Design

$60.0M - Series D

Palo Alto-based Plume is the creator of a Consumer Experience Management Platform for the curation and delivery of new Smart Home Services rapidly at scale. Founded by Adam Hotchkiss, Aman Singla, Fahri Diner, and Sri Nathan in 2015, Plume Design has now raised a total of $127.4M in total equity funding and is backed by investors that include Charter Communications, Spark Capital, Comcast, Qualcomm, and Samsung Ventures.

Pony.ai

$462.0M - Series B

Fremont-based Pony.ai is a startup that builds full-stack autonomous driving solutions. Founded by James Peng and Tiancheng Lou in 2016, Pony.ai has now raised a total of $726.0M in total equity funding and is backed by investors that include Toyota Motor Corporation, Eight Roads Ventures, Sequoia Capital, IDG Capital, KUNLUN.

Process Street

$12.0M - Series A

San Francisco-based Process Street is a SaaS platform that allows teams create, track, and optimize business process workflows. Founded by Cameron McKay and Vinay Patankar in 2014, Process Street has now raised a total of $13.4M in total equity funding and is backed by investors that include Atlassian, Salesforce Ventures, Accel, Blackbird Ventures, AngelPad.

ServiceMax

$80.0M - Venture

Pleasanton-based ServiceMax is the provider of Field Service Management Software for equipment manufacturers and service providers. Founded by Athani Krishnaprasad, Hari Subramanian, and Neil Barua in 2007, ServiceMax has now raised a total of $284.0M in total equity funding and is backed by investors that include Salesforce Ventures, PTC, Silver Lake Partners, Mayfield Fund, and Trinity Ventures.

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"Startup" - Google News
March 01, 2020 at 05:56AM
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The Weekly Notable Startup Funding Report: 3/2/20 - AlleyWatch
"Startup" - Google News
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