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The Weekly Notable Startup Funding Report: 5/20/19

AlleyWatch by AlleyWatch
The Weekly Notable Startup Funding Report: 5/20/19
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Notable startup fundings for the week ending 5/18/19 featuring funding details for Trumid, Feather, Brave and much more…

Trumid Financial — $60M – Venture

New York-based Trumid is a financial technology company bringing efficiency to credit trading through data, technology, and innovative products. Founded by Ronnie Mateo in 2014, Trumid Financial has raised a total of $202.25M in reported equity funding and is backed by investors that include CreditEase Fintech Investment Fund, Founders Fund, George Soros, Hillhouse Capital Group, and Singapore Exchange Limited.

Impossible Foods — $300M – Series E

Redwood City-based Impossible Foods develops a new generation of meats and cheeses made entirely from plants. Founded by Monte Casino and Patrick Brown in 2011, Impossible Foods has raised a total of $482M in reported equity funding and is backed by investors that include Bill Gates, GV, Microsoft, Serena Ventures, and Temasek Holdings.

Away — $100M – Series D

New York-based Away is a modern travel and lifestyle brand designed with thoughtful features that solve real travel problems. Founded by Jen Rubio and Steph Korey in 2015, Away has raised a total of $181M in reported equity funding and is backed by investors that include Accel, Baillie Gifford, Battery Ventures, Global Founders Capital, and Lone Pine Capital.

Feather — $12.5M – Series A

New York-based Feather is a furniture subscription service that offers a flexible and sustainable alternative to ownership. Founded by Jay Reno in 2017, Feather has raised a total of $16.02M in reported equity funding and is backed by investors that include Bain Capital Ventures, FundersClub, New Enterprise Associates, Spark Capital, and Y Combinator.

JumpCrew — $7.2M – Series B

Nashville-based JumpCrew is an acquisition marketing platform focused on integrating digital technology and sales solutions. Founded by David Pachter and Robert Henderson in 2016, JumpCrew has raised a total of $15.9M in reported equity funding and is backed by investors that include Bob Pasker, David Pachter, Hendale Capital, Hinsdale, and Nashville Capital Network.

OpenFin — $17M – Series C

New York-based OpenFin powers financial desktops with the same plug-n-play capabilities that your iOS and Android devices enjoy. Founded by Chuck Doerr and Mazy Dar in 2010, OpenFin has raised a total of $39.01M in reported equity funding and is backed by investors that include Bain Capital Ventures, JP Morgan, JP Morgan Chase & Co., Nyca Partners, and Wells Fargo.

LISNR — $15.6M – Venture

Oakland-based LISNR enables secure and seamless data transmission using the most advanced ultrasonic data technology. Founded by Chris Ostoich, Chris Ridenour, Josh Glick, Nikki Ridenour, and Rodney Williams in 2012, LISNR has raised a total of $29.95M in reported equity funding and is backed by investors that include Intel Capital, Jump Capital, SeedInvest, Synchrony Financial, and Techstars.

Hydrow — $7M – Series A

Cambridge-based Hydrow is a provider of a connected indoor rowing machine. Founded by Bruce Smith in 2017, Hydrow has raised a total of $32M in reported equity funding and is backed by investors that include L Catterton, Raptor Group, RX3 Ventures, The Yard Ventures, and Wheelhouse Ventures.

Brave — $30M – Series A

San Francisco-based Brave Software focuses on increasing browsing speed and safety for users, while growing ad revenue share for content creators. Founded by Brendan Eich and Brian Bondy in 2015, Brave has raised a total of $72M in reported equity funding and is backed by investors that include Abstract Ventures, Foundation Capital, Founders Fund, Pantera Capital, and Rising Tide.

Tealium — $55M – Series F

San Diego-based Tealium is the trusted leader in real-time customer data orchestration. Founded by Ali Behnam and Mike Anderson in 2008, Tealium has raised a total of $167.9M in reported equity funding and is backed by investors that include Bain Capital, Bain Capital Ventures, Battery Ventures, Silver Lake Partners, and Tenaya Capital.

Nextdoor — $123M – Series F

San Francisco-based Nextdoor is the world’s largest private communications platform for neighborhoods. Founded by Adam Ginsburg, David Wiesen, Madison Bell, Nirav Tolia, Prakash Janakiraman, and Sarah Leary in 2010, Nextdoor has raised a total of $408.2M in reported equity funding and is backed by investors that include Coatue Management, GV, Meritech Capital Partners, Shasta Ventures, and Tiger Global Management.

Quora — $60M – Series E

Mountain View-based Quora is a Q&A platform with a mission to share and grow the world’s knowledge. Founded by Adam D’Angelo and Charlie Cheever in 2009, Quora has raised a total of $286M in reported equity funding and is backed by investors that include Benchmark, Founders Fund, Matrix Partners, Tiger Global Management, and Y Combinator.

Tags: Abstract VenturesAccelAdam D'AngeloAdam GinsburgAli BehnamAwayBaillie GiffordBain CapitalBain Capital VenturesBattery VenturesBenchmarkBill GatesBob PaskerBraveBrendan EichBrian BondyBruce SmithCharlie CheeverChris OstoichChris RidenourChuck DoerrCoatue ManagementCreditEase Fintech Investment FundDavid PachterDavid WiesenFeatherFoundation CapitalFounders FundFundersClubGeorge SorosGlobal Founders CapitalGVHendale CapitalHillhouse Capital GroupHinsdaleHydrowImpossible FoodsIntel CapitalJay RenoJen RubioJosh GlickJP MorganJP Morgan Chase & Co.Jump CapitalJumpCrewL CattertonLISNRLone Pine CapitalMadison BellMatrix PartnersMazy DarMeritech Capital PartnersMicrosoftMike AndersonMonte CasinoNashville Capital NetworkNew Enterprise AssociatesNextdoorNikki RidenourNirav ToliaNyca PartnersOpenFinPantera CapitalPatrick BrownPrakash JanakiramanQuoraRaptor GroupRising TideRobert HendersonRodney WilliamsRonnie MateoRX3 VenturesSarah LearySeedInvestSerena VenturesShasta VenturesSilver Lake PartnersSingapore Exchange LimitedSpark CapitalSteph KoreySynchrony FinancialTealiumTechStarsTemasek HoldingsTenaya CapitalThe Yard VenturesTiger Global ManagementTrumid FinancialWells FargoWheelhouse VenturesY Combinator
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