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 1/18/20 featuring funding details for Color, 6sense, Trusona, and much much more.
Insurify — $23.0M – Series A
Cambridge-based Insurify is the most comprehensive insurance quotes comparison platform in America. Founded by Gene Shkolnik, Giorgos Zacharia, Snejina Zacharia, and Tod Kiryazov in 2013, Insurify has now raised a total of $29.6M in total equity funding and is backed by investors that include Hearst Ventures, MassMutual Ventures, Nationwide Ventures, MTech Capital, and Viola FinTech.
Zinier — $90.0M – Series C
San Mateo-based Zinier is an intelligent field service automation platform that helps organizations work smarter, faster, and more efficiently. Founded by Andrew Wolf and Arka Dhar in 2015, Zinier has now raised a total of $120.0M in total equity funding and is backed by investors that include Founders Fund, Tiger Global Management, Qualcomm Ventures, StartX (Stanford-StartX Fund), and Accel.
DrChrono — $20.0M – Series B
Sunnyvale-based DrChrono offers a healthcare EHR, practice management, API focused on iPads, iPhones, and a web platform. Founded by Daniel Kivatinos and Michael Nusimow in 2009, DrChrono has now raised a total of $36.1M in total equity funding and is backed by investors that include Y Combinator, 500 Startups, Box, Silicon Valley Bank, and General Catalyst.
6sense — $40.0M – Series C
San Francisco-based 6sense offers an account-based orchestration platform that helps revenue teams identify and close more opportunities. Founded by Amanda Kahlow, Dustin Chang, Premal Shah, Shane Moriah, and Viral Bajaria in 2013, 6sense has now raised a total of $103.0M in total equity funding and is backed by investors that include Battery Ventures, Bain Capital Ventures, Silicon Valley Bank, Salesforce Ventures, and Venrock.
Productboard — $45.0M – Series B
San Francisco-based Productboard is a product management system that aims to help product teams get the right products to market faster. Founded by Daniel Hejl and Hubert Palan in 2014, Productboard has now raised a total of $64.3M in total equity funding and is backed by investors that include Sequoia Capital, Bessemer Venture Partners, Index Ventures, Credo Ventures, and Kleiner Perkins.
Color — $75.0M – Series D
Burlingame-based Color provides a service that helps people proactively manage their health through affordable and clinical-grade genetic data. Founded by Elad Gil, Nish Bhat, Othman Laraki, and Taylor Sittler in 2013, Color has now raised a total of $187.0M in total equity funding and is backed by investors that include T. Rowe Price, General Catalyst, Viking Global Investors, Khosla Ventures, and Pegasus Tech Ventures.
Tradeshift — $240.0M – Venture
San Francisco-based Tradeshift is a cloud-based business network connecting buyers and suppliers. Founded by Christian Lanng, Gert Sylvest, and Mikkel Brun in 2009, Tradeshift has now raised a total of $661.0M in total equity funding and is backed by investors that include Tradeshift, CreditEase, RTP Global, HSBC, and American Express Ventures.
Workboard — $30.0M – Series C
Redwood City-based Workboard is an enterprise SaaS company that helps companies unlock growth by making alignment and accountability remarkably easy. Founded by Daryoush Paknad and Deidre Paknad in 2013, Workboard has now raised a total of $65.1M in total equity funding and is backed by investors that include Andreessen Horowitz, GGV Capital, M12, Floodgate, and Shea Ventures.
KeyMe — $35.0M – Series E
New York-based KeyMe is a mobile app that allows users to store, share, and duplicate their physical keys based on a digital image. Founded by Greg Marsh in 2012, KeyMe has now raised a total of $105.4M in total equity funding and is backed by investors that include Battery Ventures, 7-Eleven, Comcast Ventures, Invenergy, and White Star Capital.
Trusona — $20.0M – Series C
Scottsdale-based Trusona secures identity authentication, removes passwords from the user experience, and elevate login experience. Founded by Ori Eisen in 2015, Trusona has now raised a total of $38.0M in total equity funding and is backed by investors that include OurCrowd, M12, Georgian Partners, Kleiner Perkins, and Seven Peaks Ventures.
NextNav — $120.0M – Series E
Sunnyvale-based NextNav operates a platform intended to offer indoor location services and applications. Founded by Arun Raghupathy, Ganesh Pattabiraman, and Subbu Meiyappan in 2008, NextNav has now raised a total of $268.4M in total equity funding and is backed by investors that include New Enterprise Associates, Fortress Investment Group, Columbia Capital, Oak Investment Partners, and Goldman Sachs Investment Partners.
LaunchDarkly — $54.0M – Venture
Oakland-based LaunchDarkly is a feature management platform for software teams. Founded by Edith Harbaugh and John Kodumal in 2014, LaunchDarkly has now raised a total of $130.3M in total equity funding and is backed by investors that include Bessemer Venture Partners, Vertex Ventures, Bloomberg Beta, Uncork Capital, and Redpoint.
SpinLaunch — $35.0M – Series B
Long Beach-based SpinLaunch develops a kinetic launch system for sending satellites to low-Earth orbit. Founded by Jonathan Yaney in 2014, SpinLaunch has now raised a total of $75.0M in total equity funding and is backed by investors that include Bolt, GV, Alphabet, John Doerr, and Kleiner Perkins.
