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 6/20/20 featuring funding details for DoorDash, Clockwise, Starburst, and much much more.
Botkeeper — $25.0M – Series B
Boston-based Botkeeper continuously improves, automates data entry, classification and reporting while running 24/7. Founded by Andy Gauthier, Angelina DeLago, Enrico Palmerino, and Louie Balasny in 2015, Botkeeper has now raised a total of $47.5M in total equity funding and is backed by investors that include Gradient Ventures, Greycroft, High Alpha, Ignition Partners, Oak Ridge Investments, Peak State Ventures, Point72 Ventures, Republic Labs, and Sorenson Capital.
DoorDash — $400.0M – Series H
San Francisco-based DoorDash is a food delivery platform that connects customers with local and national businesses. Founded by Andy Fang, Evan Moore, Stanley Tang, and Tony Xu in 2013, DoorDash has now raised a total of $2.5B in total equity funding and is backed by investors that include Durable Capital Partners, Fidelity, and T. Rowe Price.
Drishti — $25.0M – Series B
Mountain View-based Drishti is a provider of AI-powered video analytics technology that gives visibility and insights for manual assembly line improvement. Founded by Ashish Gupta, Krishnendu Chaudhury, and Prasad Akella in 2017, Drishti has now raised a total of $37.0M in total equity funding and is backed by investors that include Alpha Intelligence Capital, Andreessen Horowitz, Benhamou Global Ventures, Emergence, Hella Ventures, Micron Ventures, Presidio Ventures, Sozo Ventures, and Toyota AI Ventures.
DroneBase — $7.5M – Series C
Santa Monica-based DroneBase is an aerial data analytics platform that provides aerial drone services. Founded by Daniel Burton and Eli Tamanaha in 2014, DroneBase has now raised a total of $26.5M in total equity funding and is backed by investors that include DJI, Hearst Ventures, Pritzker Group Venture Capital, Razi Ventures, Union Square Ventures, Upfront Ventures, and Valor Equity Partners.
Dumpling — $6.5M – Series A
Berkeley-based Dumpling empowers individuals to launch, run, and grow independent grocery shopping and delivery businesses. Founded by Joel Shapiro, Nate D’Anna, and Tom Schoelhammer in 2017, Dumpling has now raised a total of $8.5M in total equity funding and is backed by investors that include Floodgate, Forerunner Ventures, and Fuel Capital.
EasyKnock — $20.0M – Series B
New York-based EasyKnock provides homeowners with money and time through their innovative sale-leaseback programs, Sell & Stay, and MoveAbility. Founded by Ben Black and Jarred Kessler in 2016, EasyKnock has now raised a total of $36.7M in total equity funding and is backed by investors that include 7BC Venture Capital, Blumberg Capital, Correlation Ventures, FJ Labs, Interplay Ventures, Moderne Ventures, and QED Investors.
AlleyWatch published an exclusive interview with Kessler on EasyKnock’s Series B round.
Clockwise — $18.0M – Series B
San Francisco-based Clockwise is an intelligent calendar system that uses artificial intelligence to help people get a dedicated block of time to be productive. Founded by Gary Lerhaupt, Matt Martin, and Mike Grinolds in 2016, Clockwise has now raised a total of $31.4M in total equity funding and is backed by investors that include Accel, Bain Capital Ventures, and Greylock Partners.
IonQ — $7.0M – Series B
College Park-based IonQ is a developer of quantum computing for commercial applications. Founded by Christopher Monroe and Jungsang Kim in 2016, IonQ has now raised a total of $82.0M in total equity funding and is backed by investors that include Cambium Capital Partners, Lockheed Martin, and Robert Bosch Venture Capital.
Kaia Health — $26.0M – Series B
Brooklyn-based Kaia Health is a developer of a digital health platform designed to treat a range of disorders including back pain and COPD. Founded by Innocent Clement, Konstantin Mehl, Manuel Thurner, and Moritz Philipp Weisbrodt in 2015, Kaia Health has now raised a total of $48.0M in total equity funding and is backed by investors that include Balderton Capital, capital300, Heartcore Capital, Idinvest Partners, Optum Ventures, and Symphony Ventures.
Open Raven — $15.0M – Series A
Los Angeles-based Open Raven is a developer of data security tools. Founded by Dave Cole and Mark Curphey in 2019, Open Raven has now raised a total of $19.1M in total equity funding and is backed by investors that include Kleiner Perkins, Niloo R. Howe, Oliver Friedrichs, and Upfront Ventures.
LA TechWatch published an exclusive interview with Cole on Open Raven’s Series A round
Outreach — $50.0M – Series F
Seattle-based Outreach is a sales engagement platform that accelerates revenue growth by optimizing interactions throughout the customer lifecycle. Founded by Andrew Kinzer, Gordon Hempton, Manny Medina, and Wes Hather in 2011, Outreach has now raised a total of $289.0M in total equity funding and is backed by investors that include Lone Pine Capital, Mayfield Fund, Meritech Capital Partners, Operator Collective, Salesforce Ventures, Sands Capital Management, Sapphire Ventures, Spark Capital, and Trinity Ventures.
Starburst — $42.0M – Series B
Boston-based Starburst is the enterprise Presto company offering an SQL-on-Anything analytics platform. Founded by Justin Borgman, Kamil Bajda-Pawlikowski, Matt Fuller, Piotr Findeisen, and Wojciech Biela in 2017, Starburst has now raised a total of $64.0M in total equity funding and is backed by investors that include Coatue Management and Index Ventures.
Streamlit — $21.0M – Series A
San Francisco-based Streamlit is an open-source app framework that includes artificial intelligence and machine learning to build predictive models. Founded by Adrien Treuille, Amanda Kelly, and Thiago Teixeira in 2018, Streamlit has now raised a total of $27.0M in total equity funding and is backed by investors that include Bloomberg Beta, Daniel Gross, Elad Gil, GGV Capital, and Gradient Ventures.
Steady — $15.0M – Series B
Atlanta-based Steady is an app that finds part-time and temporary work that fits location, interests, and schedule. Founded by Adam Roseman, Eric Aroesty, and Michael Loeb in 2017, Steady has now raised a total of $38.5M in total equity funding and is backed by investors that include CMFG Ventures, Flourish Ventures, Loeb Enterprises, Propel Venture Partners, and Recruit Strategic Partners.
Upgrade — $40.0M – Series D
San Francisco-based Upgrade is a neobank that offers affordable and responsible credit to mainstream consumers. Founded by Adelina Grozdanova, Jeff Bogan, Matt Wierman, Renaud Laplanche, Soul Htite, and Visar Nimani in 2016, Upgrade has now raised a total of $202.0M in total equity funding and is backed by investors that include Ribbit Capital, Santander InnoVentures, Silicon Valley Bank, Uncorrelated Ventures, Union Square Ventures, Ventura Capital, and Vy Capital.
Big Health — $39.0M – Series B
San Francisco-based Big Health operates a digital healthcare portal used to offer behavioral programs for mental health issues. Founded by Colin Espie and Peter Hames in 2010, Big Health has now raised a total of $54.3M in total equity funding and is backed by investors that include Gilde Healthcare, Kaiser Permanente Ventures, Morningside Group, Octopus Ventures, and Samsung NEXT.
