SAN FRANCISCO — Pacaso, a real estate service that helps people buy and co-own a second home, announced $125 million in Series C funding led by SoftBank Vision Fund 2, bringing the company’s valuation to $1.5 billion and total equity funding to more than $215 million. Additional funding was provided by Fifth Wall and Gaingels. The round also included participation […]
Venture Capital
LevaData Locates $47 Million Series C
SAN JOSE — LevaData, a supply management software company that delivers an integrated artificial intelligence (AI) platform to transform direct material sourcing and accelerate new product development, announced it raised $47 million in Series C funding. This strategic investment, led by Banneker Partners with participation from its pre-existing investor, Tola Capital, comes after the company […]
Andreessen Horowitz Leads $300 Million Round in SpotOn
SAN FRANCISCO — SpotOn, a software and payments company with solutions for restaurants and retail businesses, has landed $300 million in Series E funding, raising its valuation to $3.15 billion. The funding will be used to acquire Appetize, an LA-based digital and mobile commerce platform for enterprise businesses, such as sports and entertainment venues, theme […]
AV8 Ventures Launches $180 Million Fund Backed by Allianz
PALO ALTO – AV8 Ventures has launched its second fund with $180 million backed by German financial services giant Allianz. AV8 is an early-stage investor that funds entrepreneurs who are commercializing emerging technologies in AI-driven health, mobility and enterprise. AV8 Ventures has invested in 20 companies with a focus on the US since its launch […]
Vouch Closes $90 Million in New Funding
SAN FRANCISCO — Vouch, a provider of business insurance for startups, has closed $90 million in new funding and announced it is the preferred business insurance provider to Brex, Carta, and WeWork customers. Vouch has also closed on $90 million of new funding, established its own authorized insurance carrier, and also expanded its line of […]
Everyday Labs Reels in $8 Million Series A
REDWOOD CITY — EveryDay Labs, which works with thousands of schools to boost attendance rates through behavioral science, announced an $8 million Series A round of financing led by Rethink Impact, the largest U.S.-based impact venture capital fund investing in female leaders using technology to generate social impact. The round also includes participation from Reach Capital, […]
Aviatrix Valued at $2 Billion With $200 Million Series E
SANTA CLARA — Aviatrix, a provider of cloud networking and network security, has raised $200 million in growth funding led by TCV. Additional new investors include Insight Partners and Tiger Global, while existing investors CRV, Formation 8, General Catalyst, Greenspring Associates, Ignition, Liberty Global Ventures, Meritech Capital and TrueBridge Capital Partners also participated in the round. […]
UnitQ Raises $30 Million Series B Led by Accel
BURLINGAME — UnitQ, a company developing a platform to improve product quality, has raised a $30 million Series B round led by Accel, with support from Creandum and Gradient Ventures, Google’s AI-focused venture fund. This brings the total amount raised by UnitQ to $41 million since launching in 2018. This Series B will allow the […]
Alamar Biosciences Closes $80 Million Series B
FREMONT — Alamar Biosciences, Inc., a precision proteomics company that brings both ultra-high sensitivity and massively parallel scale to proteomic analysis, has closed an $80 million Series B financing round, bringing its total funding to $110 million. The Series B financing round was led by Sherpa Healthcare Partners and included Morningside Ventures, Samsara Biocapital, and existing investors […]
Checkr Checks In With $250 Million Series E
SAN FRANCISCO – Checkr, a leading a provider of employee background checks, has raised $250 million in a Series E round valuing the company at $4.6 billion. The round was led by Durable Capital, alongside new investors Fidelity Management & Research Company LLC, and Franklin Templeton with participation from all major current investors including BOND Capital, Khosla […]
Solv Scores $45 Million Series C
SAN FRANCISCO — Solv, a national network of healthcare providers making same-day and next-day healthcare accessible to anyone, announced the close of a $45 Million Series C funding round led by Acrew Capital and Corner Ventures. Other participants include prior investors Greylock Partners and Benchmark Capital. The funding will support the company’s expansion of its […]
Databricks Dominates With Massive $1.6 Billion Round
SAN FRANCISCO — There’s no shortage of venture capital available to technology startups, especially in the Bay Area! Databricks, the Data and AI company, announced a $1.6 billion round of funding to increase innovation and adoption of the data lakehouse, as the data architecture’s popularity across data-driven organizations continues to grow at a rapid pace. […]