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Saturday, February 6, 2021

The Weekly Notable Startup Funding Report: 2/8/21 - AlleyWatch

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BloomNation

$11.0M - Series B

Los Angeles-based BloomNation is an online marketplace designed for the floral retail industry. Founded by David Daneshgar, Farbod Shoraka, and Gregg Weisstein in 2010, BloomNation has now raised a total of $18.2M in total equity funding and is backed by investors that include Andreessen Horowitz, Spark Capital, Mucker Capital, Chicago Ventures, and A.Capital Ventures.

Bot MD

$5.0M - Series A

Palo Alto-based Bot MD is an Artificial Intelligence (AI) clinical assistant for doctors to improve patient care. Founded by Dorothea Koh and Yanchuan Sim in 2018, Bot MD has now raised a total of $6.6M in total equity funding and is backed by investors that include Monk's Hill Ventures, Y Combinator, Floodgate, SGInnovate, and XA Network.

Built Technologies

$88.0M - Series C

Nashville-based Built Technologies is an enterprise technology company that provides cloud-based construction lending software. Founded by Andrew Sohr and Chase Gilbert in 2014, Built Technologies has now raised a total of $164.1M in total equity funding and is backed by investors that include Lowell Putnam, Jackie Reses, Jordan Park, GreenPoint Partners, and Index Ventures.

Capital Rx

$50.0M - Series B

New York-based Capital Rx is a healthtech platform that provides pharmacy benefit management solutions. Founded by AJ Loiacono, Joseph Alexander, and Ryan Kelly in 2017, Capital Rx has now raised a total of $101.0M in total equity funding and is backed by investors that include Edison Partners, Transformation Capital, and Emerald Development Managers.

Casa

$4.0M - Seed

Charleston-based Casa helps consumers and companies securely store cryptocurrencies and manage private keys. Founded by Jameson Lopp, Jeremy Welch, and Nick Neuman in 2016, Casa has now raised a total of $6.1M in total equity funding and is backed by investors that include Tioga Capital, Precursor Ventures, Lerer Hippeau, Coinbase Ventures, and Compound.

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Deepgram

$25.0M - Series B

San Francisco-based Deepgram is a technology startup that develops an enterprise-focused automatic speech transcription and analysis platform. Founded by Noah Shutty and Scott Stephenson in 2015, Deepgram has now raised a total of $38.9M in total equity funding and is backed by investors that include Tiger Global Management, Y Combinator, Pegasus Tech Ventures, Wing Venture Capital, and Citi Ventures.

Elsa

$15.0M - Series B

San Francisco-based Elsa is an AI-enabled language learning platform focusing on English pronunciation training and accent reduction. Founded by Vu Van and Xavier Anguera in 2015, Elsa has now raised a total of $25.2M in total equity funding and is backed by investors that include StartX (Stanford-StartX Fund), SOSV, Monk’s Hill Ventures, Endeavor Catalyst, and Gradient Ventures.

FOLX Health

$25.0M - Series A

Boston-based FOLX Health provides digital health care services designed for the LGBTQIA+ community. Founded by Agneta Breitenstein in 2019, FOLX Health has now raised a total of $29.4M in total equity funding and is backed by investors that include Bessemer Venture Partners, Polaris Partners, and Define Ventures.

Garner Health

$12.5M - Series A

New York-based Garner Health is a provider of healthcare services used to help employers give their employees a better healthcare experience. Founded by Nick Reber in 2019, Garner Health has now raised a total of $16.3M in total equity funding and is backed by investors that include Founders Fund, Thrive Capital, and Maverick Ventures.

Good Eggs

$100.0M - Series D

San Francisco-based Good Eggs is an online grocer and meal kit delivery service with a mission to reinvent the food system, for good. Founded by Alon Salant and Rob Spiro in 2011, Good Eggs has now raised a total of $165.0M in total equity funding and is backed by investors that include Sequoia Capital, GV, CircleUp, S2G Ventures, and Index Ventures.

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Oyster

$20.0M - Series A

Wilmington-based Oyster is a human resource platform designed for globally-distributed companies Founded by Jack Mardack and Tony Jamous in 2019, Oyster has now raised a total of $24.2M in total equity funding and is backed by investors that include Emergence, Kima Ventures, Slack Fund, Taavet Hinrikus, and Connect Ventures.

Leadspace

$46.0M - Series D

San Francisco-based Leadspace is a B2B customer data platform that drives personalized customer engagement for sales and marketing. Founded by Amnon Mishor and Yaron Karasik in 2007, Leadspace has now raised a total of $102.0M in total equity funding and is backed by investors that include Battery Ventures, Vertex Ventures, Espresso Capital, Jerusalem Venture Partners (JVP), and Arrowroot Capital Management.

LeaseLock

$52.0M - Series B

Marina Del Rey-based LeaseLock is an insurance technology company that leverages artificial intelligence to eliminate security deposits. Founded by Derek Merrill and Reichen Kuhl in 2013, LeaseLock has now raised a total of $63.5M in total equity funding and is backed by investors that include Westerly Winds, 500 Startups, Tech Coast Angels, Gaingels, and Softbank Ventures Asia.

Opyn

$6.7M - Series A

San Francisco-based Opyn allows users to earn a premium or take views on assets by trading options on ETH and ERC20s. Founded by Alexis Gauba, Aparna Krishnan, and Zubin Koticha in 2019, Opyn has now raised a total of $9.1M in total equity funding and is backed by investors that include Balaji Srinivasan, Paradigm, Version One Ventures, Dragonfly Capital Partners, and Dylan Field.

Rad Power Bikes

$150.0M - Venture

Seattle-based Rad Power Bikes is an electric bike manufacturer that offers direct to consumer pricing on e-bikes and accessories. Founded by Mike Radenbaugh and Tyler Collins in 2007, Rad Power Bikes has now raised a total of $175.0M in total equity funding and is backed by investors that includeMorgan Stanley, T. Rowe Price, Vulcan Capital, Durable Capital Partners, and The Rise Fund.

Make an impact on your bottom line and drive leads in 2021!


The TechWatch Media Group audience is driving progress and innovation on a global scale. There are a number of options to reach this audience of the world's most innovative organizations and startups at scale including strategic brand placement, lead generation, and thought leadership in front of an audience that comprises the vast majority of key decision-makers in the business community and beyond. Learn more about advertising to Tech, at scale.

Rescale

$50.0M - Series C

San Francisco-based Rescale is a cloud simulation platform that enables research scientists and engineers to build, compute, analyze, and scale simulations. Founded by Adam McKenzie and Joris Poort in 2011, Rescale has now raised a total of $102.4M in total equity funding and is backed by investors that include Andreessen Horowitz, Initialized Capital, NVIDIA, Y Combinator, and SV Angel.

Healthy Roots Dolls

$1.0M - Seed

Detroit-based Healthy Roots is a toy company that creates products that empower young girls through hair play. Founded by Yelitsa Jean-Charles in 2015, Healthy Roots Dolls is backed by investors that include MassChallenge, Backstage Capital, Lightship Capital, New Voices Fund, and Sahil Lavingia.

Scratchpad

$13.0M - Series A

San Francisco-based Scratchpad is an all-in-one sales efficiency toolkit that allows users to consolidate and streamline the different aspects of sales. Founded by Cyrus Karbassiyoon and Pouyan Salehi in 2019, Scratchpad has now raised a total of $16.6M in total equity funding and is backed by investors that include Craft Ventures, Accel, Sound Ventures, and Shrug Capital.

Slync.io

$60.0M - Series B

Dallas-based Slync.io is a provider of process automation for enterprise supply chains and the global logistics industry. Founded by Christopher Kirchner and Raj Patel in 2017, Slync.io has now raised a total of $75.9M in total equity funding and is backed by investors that include Correlation Ventures, Blumberg Capital, GS Growth, ACME Capital, and 235 Capital Partners.

Stash

$125.0M - Series G

New York-based Stash is an investing and banking platform that unites banking, investing, and advice all in one app. Founded by Brandon Krieg, David Ronick, and Ed Robison in 2015, Stash has now raised a total of $426.3M in total equity funding and is backed by investors that include T. Rowe Price, Entree Capital, Founders Fund, Union Square Ventures, and Goodwater Capital.

Tealium

$96.0M - Series G

San Diego-based Tealium is a provider of customer data orchestration tools aimed to address challenges in online search, marketing, and segment targeting. Founded by Ali Behnam and Mike Anderson in 2008, Tealium has now raised a total of $263.9M in total equity funding and is backed by investors that include Silver Lake, Battery Ventures, Citi Ventures, Tenaya Capital, and Bain Capital.

Tovala

$30.0M - Series C

Chicago-based Tovala is a food-tech company that offers a meal service paired with a countertop smart oven. Founded by Bryan Wilcox and David Rabie in 2015, Tovala has now raised a total of $68.4M in total equity funding and is backed by investors that include Y Combinator, Origin Ventures, Left Lane Capital, and Chris Sang.

UiPath

$750.0M - Series F

New York-based UiPath is a company developing robotic process automation and artificial intelligence software. Founded by Daniel Dines and Marius Tirca in 2005, UiPath has now raised a total of $2.0B in total equity funding and is backed by investors that include Tencent Holdings, Seedcamp, Sequoia Capital, Altimeter Capital, and T. Rowe Price.

Vested Finance

$3.6M - Seed

Berkeley-based Vested Finance is an online investment platform developing an avenue for Indian investors to invest in the U.S. stock market. Founded by Darwin Arifin, Eric Huynh, Viram Shah, and Yinghan Lin in 2018, Vested Finance has now raised a total of $4.4M in total equity funding and is backed by investors that include Venture Catalysts, Techstars, Inflection Point Ventures, TenOneTen Ventures, and Ankur Mittal.

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The Weekly Notable Startup Funding Report: 2/8/21 - AlleyWatch
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