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The Weekly Notable Startup Funding Report: 9/23/19

Reza Chowdhury by Reza Chowdhury
The Weekly Notable Startup Funding Report: 9/23/19
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The Weekly Notable Startup Funding Report takes on a trip across various ecosystems in the US, highlighting some of the notable funding activity in the various markets that we track. The notable startup fundings for the week ending 9/21/19 featuring funding details for Stripe, Ginkgo Bioworks, Kaia Health, PlayVS, and much much more

The Weekly Notable Startup Funding Report takes on a trip across various ecosystems in the US, highlighting some of the notable funding activity in the various markets that we track. The notable startup fundings for the week ending 9/21/19 featuring funding details for Stripe, Ginkgo Bioworks, Kaia Health, PlayVS, and much much more.

Stripe — $250.0M – Series F

San Francisco-based Stripe is a global technology company that builds economic infrastructure for the internet. Founded by John Collison and Patrick Collison in 2010, Stripe has now raised a total of $1.0B in total equity funding and is backed by investors that include Andreessen Horowitz, Sequoia Capital, Tiger Global Management, Visa, and Y Combinator.

Ginkgo Bioworks — $290.0M – Series E

Boston-based Ginkgo designs custom microbes for customers across multiple markets. Founded by Austin Che, Barry Canton, Jason Kelly, Reshma Shetty, and Tom Knight in 2009, Ginkgo Bioworks has now raised a total of $719.1M in total equity funding and is backed by investors that include Bill Gates, Felicis Ventures, General Atlantic, MassChallenge, and Y Combinator.

Kaia Health — $8.0M – Series A

New York-based Kaia Health is a digital therapeutics company focused on artificial intelligence. Founded by Innocent Clement, Konstantin Mehl, Manuel Thurner, and Moritz Philipp Weisbrodt in 2015, Kaia Health has now raised a total of $22.0M in total equity funding and is backed by investors that include 42CAP, Balderton Capital, Connor Murphy, Heartcore Capital, and Optum Ventures.

PlayVS — $50.0M – Series C

Los Angeles-based PlayVS is an esports league that gives high school students the chance to compete for a state championship. Founded by Delane Parnell in 2018, PlayVS has now raised a total of $96.0M in total equity funding and is backed by investors that include Adidas, Battery Ventures, Coatue Management, New Enterprise Associates, and Science.

Mission Lane — $200.0M – Series A

San Francisco-based Mission Lane is a consumer finance company dedicated to helping everyone have access to fair and clear credit. Founded in 2018, Mission Lane has now raised a total of $200.0M in total equity funding and is backed by investors that include Invus, LL Funds, Oaktree Capital Management, and QED Investors.

Built Robotics — $33.0M – Series B

San Francisco-based Built Robotics is an industrial automation company that designs to make autonomous construction equipment. Founded by Andrew Liang and Noah Ready-Campbell in 2016, Built Robotics has now raised a total of $48.0M in total equity funding and is backed by investors that include Building Ventures, Founders Fund, Great Oaks Venture Capital, New Enterprise Associates, and Presidio Ventures.

Checkr — $160.0M – Series D

San Francisco-based Checkr seeks to automate the process of professional background checks. Founded by Daniel Yanisse and Jonathan Perichon in 2014, Checkr has now raised a total of $309.0M in total equity funding and is backed by investors that include Accel, Coatue Management, Khosla Ventures, UpHonest Capital, and Y Combinator.

Kitchen United — $40.0M – Series B

Pasadena-based Kitchen United offers a turnkey solution that eliminates barriers to growth and enables restaurant brands to profitably expand. Founded by Massimo Noja De Marco in 2017, Kitchen United has now raised a total of $50.0M in total equity funding and is backed by investors that include DivcoWest, Fidelity, G Squared, GV, and RXR Realty.

Fieldwire — $33.5M – Series C

San Francisco-based Fieldwire is a construction field management platform that streamlines job-site coordination. Founded by Javed Singha and Yves Frinault in 2013, Fieldwire has now raised a total of $41.2M in total equity funding and is backed by investors that include Brick & Mortar Ventures, Menlo Ventures, Peak State Ventures, Sand Hill Angels, and Trinity Ventures.

AvantStay — $20.0M – Series A

Los Angeles-based AvantStay is a technology-first hospitality brand for group travel. Founded by Reuben Doetsch and Sean Breuner in 2017, AvantStay has now raised a total of greater than $30M in total equity funding and is backed by investors that include Abstract Ventures, Bullpen Capital, F-Prime Capital, PLG Ventures, and Zeno Ventures.

Tethr — $15.0M – Venture

Austin-based Tethr is an AI-powered conversation intelligence platform. Founded by Adam Larsen, Michael D. Mings, Ross Jones, Spence Wetjen, and Steve Trier in 2013, Tethr has now raised a total of $36.2M in total equity funding and is backed by investors that include Alumni Ventures Group, Chestnut Street Ventures, Grotech Ventures, MissionOG, and Total Access Fund.

Automattic — $300.0M – Series D

San Francisco-based Automattic develops publishing platforms, including the WordPress.com website and the VIP WordPress.com cloud version. Founded by Matt Mullenweg in 2005, Automattic has now raised a total of $490.6M in total equity funding and is backed by investors that include Insight Partners, Salesforce Ventures, The New York Times, Tiger Global Management, and True Ventures.

TakeOff — $25.0M – Series C

Waltham-based TakeOff uses an automated software platform to help grocers thrive in e-Commerce. Founded by Jose Vicente Aguerrevere and Max Pedro in 2016, TakeOff has now raised a total of $63.9M in total equity funding and is backed by investors that include Forrestal Capital and IGNIA.

AutoX — $100.0M – Series A

San Jose-based AutoX is a self-driving car startup that offers AI drivers to enable universal access to transportation for the people. Founded by Jianxiong Xiao in 2016, AutoX has now raised a total of $160.1M in total equity funding and is backed by investors that include Alibaba Entrepreneurs Fund, Dongfeng Motor Group, Hong Kong Science and Technology Parks Corporation (HKSTP), Plug and Play, and ZhenFund.

TuSimple — $15.0M – Series D

San Diego-based TuSimple is a self-driving truck company capable of driving from depot-to-depot without human intervention needed. Founded by Jianan Hao, Mo Chen, and Xiaodi Hou in 2015, TuSimple has now raised a total of $298.1M in total equity funding and is backed by investors that include CDH Investments, Lavender Hill Capital, Nvidia GPU Ventures, Sina, and UPS Ventures.

Tags: 42CAPAbstract VenturesAccelAdam LarsenAdidasAlibaba Entrepreneurs FundAlumni Ventures GroupAndreessen HorowitzAndrew LiangAustin CheAutomatticAutoXAvantStayBalderton CapitalBarry CantonBattery VenturesBill GatesBrick & Mortar VenturesBuilding VenturesBuilt RoboticsBullpen CapitalCDH InvestmentsCheckrChestnut Street VenturesCoatue ManagementConnor MurphyDaniel YanisseDelane ParnellDivcoWestDongfeng Motor GroupF-Prime CapitalFelicis VenturesFidelityFieldwireForrestal CapitalFounders FundG SquaredGeneral AtlanticGinkgo BioworksGoldman SachsGreat Oaks Venture CapitalGrotech VenturesGVHeartcore CapitalHong Kong Science and Technology Parks Corporation (HKSTP)IGNIAInnocent ClementInsight PartnersInvusJason KellyJaved SinghaJianan HaoJianxiong XiaoJohn CollisonJonathan PerichonJose Vicente AguerrevereKaia HealthKhosla VenturesKitchen UnitedKonstantin MehlLavender Hill CapitalLL FundsManuel ThurnerMassChallengeMassimo Noja De MarcoMatt MullenwegMax PedroMenlo VenturesMichael D. MingsMission LaneMissionOGMo ChenMoritz Philipp WeisbrodtNew Enterprise AssociatesNoah Ready-CampbellNvidia GPU VenturesOaktree Capital ManagementOptum VenturesPatrick CollisonPeak State VenturesPlayVSPLG VenturesPlug and PlayPresidio VenturesQED InvestorsReshma ShettyReuben DoetschRoss JonesRXR RealtySalesforce VenturesSand Hill AngelsSasha OrloffscienceSean BreunerSequoia CapitalShane HoldawaySinaSpence WetjenSteve TrierStripeTakeOffTethrThe New York TimesTiger Global ManagementTom KnightTotal Access FundTrinity Venturestrue venturesTuSimpleUpHonest CapitalUPS VenturesVisaXiaodi HouY CombinatorYves FrinaultZeno VenturesZhenFund
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