MOUNTAIN VIEW — Eightfold AI has raised a $125 million Series D funding round. The funds will be used to expand and scale Eightfold’s AI-powered Talent Intelligence Platform, a single solution for managing the entire talent lifecycle. Using a single platform to address this critical area stands in direct contrast to the disjointed point solutions commonly found […]
Venture Funding
Newfront Insurance Lands $100 Million
SAN FRANCISCO — Newfront, which operates a technology-driven insurance brokerage, has raised over $100 million in funding, valuing the company at $500 million. The company’s lead investors are Founders Fund and Meritech Capital. The company plans to use these funds to invest in its platform and expand the service. “We are fortunate to have built […]
Instacart Adds $200 Million in New Funding
SAN FRANCISCO — Instacart, the nation’s leading grocery delivery service, has added $200 million as part of a new financing round led by existing investors Valiant Peregrine Fund and D1 Capital Partners. The investment comes as the service has seen enormous demand this year due to the Covid-19 pandemic. Instacart has continued to partner with […]
Sanity Abuzz With $9.3 Million Series A
SAN FRANCISCO — Sanity.io, which operates a developer-focused content platform, has raised $9.3 million in Series A funding to expand its platform and build out its developer community. The A round was led by Threshold Ventures and brings Sanity’s total funding to $12.8 million. Josh Stein, managing partner at Threshold Ventures and Jesse Robbins, partner […]
FOSSA Closes $23.2 Million Series B
SAN FRANCISCO — FOSSA, an open source management company, has closed a $23.2 million Series B funding round from Bain Capital Ventures, Canvas Ventures and Costanoa Ventures, bringing its total amount of funding to $35 million. The company also announced the launch of FOSSA Security Management and continued expansion into Europe, the Middle East and Africa. “Since our last round […]
Redaptive Lights Up With $156.5 Million Investment
SAN FRANCISCO — Redaptive, which assists commercial and industrial customers in using less energy, has closed $156.5 million in funding led by CarVal Investors. Existing investors CBRE, Engie New Ventures, Evergy Ventures and Linse Capital also invested in the company alongside CarVal. Redaptive will use this new capital to expand its energy efficiency offerings to meet growing demand from customers. Redaptive helps companies use […]
Avail Medsystems Reels In $100 Million Series B
PALO ALTO — Avail Medsystems, the medical technology company pioneering telemedicine for the procedure room (“Procedural Telemedicine”),has raised $100 million in Series B funding led by D1 Capital Partners, with participation from 8VC and existing investors. Avail previously raised $25 million in Series A and Series A-1 funding from investors including Lux Capital, Coatue, Sonder […]
Braintrust Scoops Up $18 Million
SAN FRANCISCO — Braintrust, which operates a global network of highly-skilled technical and design talent, announced a $18 million growth ound, just three months after emerging from stealth in June. The company, which attained profitability on its Seed Round, has doubled its financial projections from early in the year, and seen 45-70% month-over-month growth since its public […]
Pacaso Launches With $267 Million in Funding
SAN FRANCISCO — Pacaso, a new service that provides fractional ownership of a second home, has launched this week. Pacaso’s chairman is Zillow co-founder and former CEO Spencer Rascoff; its CEO is dotloop founder and former Zillow executive Austin Allison. Pacaso has raised $17 million in Series A funding, with Maveron leading the round and additional investment from […]
Coralogix Nabs $25 Million
SAN FRANCISCO — Coralogix has raised a $25 million Series B funding round, bringing the company’s total amount raised to $41.2 million. New investors Red Dot Capital Partners and O.G. Tech Ventures co-led the round with participation from existing investors Aleph VC, StageOne Ventures, Janvest Capital Partners, and 2B Angels. Barak Salomon of Red Dot Capital partners and Roy Oron of O.G. Tech […]
AppDirect Secures $185 Million
SAN FRANCISCO — AppDirect, which operates a subscription commerce platform, has secured investments of $185 million from global institutional investor Caisse de dépôt et placement du Québec (CDPQ) and existing investors. AppDirect has now raised $465 million to date. Since its funding round in 2015, AppDirect has experienced tremendous growth across all indicators – increasing […]
Tonal Works Out With $110 Million in New Capital
SAN FRANCISCO — Tonal, which develops a strength and personal training platform that combines proprietary digital weight, artificial intelligence, and expert-led coaching, has announced $110 million in new capital. The round is funded by returning investor L Catterton, the largest and most global consumer-focused private equity firm, as well as returning investors Sapphire Sport, Shasta […]
Veem is Victorious With $31 Million Round
SAN FRANCISCO — Veem, a global payments network built for businesses, has announced the closing of a $31 million funding round, led by newly launched Truist Ventures, the corporate venture capital division of Truist Financial Corporation — the 6th largest commercial bank in the U.S. This investment will help develop a channel partner program that will […]
Chairish Reels In $33 Million Series B
SAN FRANCISCO — Chairish, which operates a luxury marketplace for chic and unique home furnishings, has announced a Series B funding round of $33 million led by Austin-based investment firm Tritium Partners. Additional participation in this round includes previous investors Altos Ventures Ltd, Azure Capital, O’Reilly AlphaTech Ventures and the founding team. Chairish will use […]
Conversica Talks Up $20 Million Series D
FOSTER CITY — Conversica, Inc., a leader in Intelligent Virtual Assistants (IVAs) helping organizations attract, acquire and grow customers at scale, announced it has raised a $20 million Series D funding round led by Hollyport Capital, an existing investor of Kennet Partners, Conversica’s lead Private Equity investor. This growth equity round brings Conversica’s total amount […]
Transposit Scores $35 Million Series B
SAN FRANCISCO —Transposit, which operates an engineering operations platform for businesses, has secured $35 million in Series B funding, bringing total funding to $50.4 million. The investment, led by Altimeter Capital with participation from existing investors Sutter Hill Ventures, SignalFire, and Unusual Ventures, will be used by the company to expand its sales and engineering […]
Finix Extends Series B Round to $75 Million
SAN FRANCISCO –– Finix, a payments infrastructure company, has raised additional funding for a total of $75 million in its Series B round to help Software-as-a-Service (SaaS) providers and fintech companies build better payments experiences for their merchants. This latest financing is an extension of Finix’s $45 million Series B round announced in March 2020 and comes on the […]
Freenome Closes $270 Million Series C
SOUTH SAN FRANCISCO — Freenome, a privately held biotechnology company that has pioneered a comprehensive multiomics platform for early cancer detection with a routine blood draw, has closed on an oversubscribed $270 million Series C financing, bringing the company’s total financing to over $500 million since the company’s launch. The new money will be used […]
Motiv Power Turns On $15 Million Round
FOSTER CITY — Motiv Power Systems, a company delivering all-electric chassis with a software platform for the electrification of medium-duty trucks and buses, has secured $15 million of additional funding from GMAG Holdings Corp. The funding will be made by means of convertible notes that are expected to be converted into a Series C funding […]
SupportLogic Reels In $12 Million
SAN JOSE — SupportLogic, which has developed an intelligent support platform for customer support/success teams, announced that it has raised $12 million of seed and series A funding, led by Sorenson Ventures. This latest series A round will help the company drive its market expansion and fuel customer acquisition efforts. SupportLogic was founded in 2016 […]
Lambda School Brings In $75 Million Series C
SAN FRANCISCO — Lambda School has raised $74 million in a Series C funding round led by Gigafund, an Austin-based fund known for its large investments in companies like SpaceX. Lambda School lets you take classes online and doesn’t charge you until you get a job that pays $50,000 or more. Lambda’s model is built […]
Hint Gives Clue About $25 Million Round
SAN FRANCISCO — Hint, Inc., a maker of still flavored water, has closed $25 million Series D financing, led by Springboard Growth Capital (SGC), an investment partnership focused on providing women founders with the capital to build market-leading consumer brands. Also joining the round are Philippe Laffont, Linnea Roberts’ Gingerbread Capital and Emiliano Román’s Medina […]
Hiretual Snags $13 Million Series B
MOUNTAIN VIEW — Hiretual, a developer of AI-powered recruitment software, has raised $13 million in Series B financing led by Oceanpine Capital, bringing its total funding to $23 million. Launched in 2015, Hiretual says it is the pioneer of AI-driven talent sourcing with over 100,000 recruiters using its platform. By turning the open web into […]
Aerin Medical Closes $48 Million Financing
SUNNYVALE — Aerin Medical, a privately held medical device company focused on non-invasive procedures for treating nasal airway conditions, announced the closing of a $48 million equity financing. New investor Questa Capital led the round with participation by OrbiMed and existing investor KCK Group. Proceeds from the financing will be used to accelerate commercial growth, […]