The Weekly Notable Startup Funding Report takes us 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 10/10/20 featuring funding details for Observe, goPuff, Onapsis, and thirteen more rounds you must know about.
Dialpad — $100.0M – Series E
San Francisco-based Dialpad is a cloud-based business phone system that turns conversations into opportunities and helps teams make smart calls. Founded by Alex Cornell, Brian Peterson, Craig Walker, and John Rector in 2011, Dialpad has now raised a total of $220.0M in total equity funding and is backed by investors that include Andreessen Horowitz, Felicis Ventures, GV, ICONIQ Capital, OMERS Growth Equity, Section 32, and Work-Bench.
Remotion — $10.4M – Series A
San Francisco-based Remotion is a video calling platform designed for remote teams to collaborate through live video chats. Founded by Alexander Embiricos and Charley Ho in 2019, Remotion has now raised a total of $13.0M in total equity funding and is backed by investors that include Greylock.
Neocis — $72.0M – Series D
Miami-based Neocis develops robot-assisted dental implant surgery with the aim of transforming dental surgery using advanced robotics. Founded by Alon Mozes and Juan Salcedo in 2009, Neocis has now raised a total of $122.9M in total equity funding and is backed by investors that include DFJ Growth, Fred Moll, M.D, Mithril Capital Management, Norwest Venture Partners, Section 32, and Vivo Capital.
TigerConnect — $45.0M – Series D
Santa Monica-based TigerConnect is a healthcare collaboration platform that streamlines clinical workflows and systems. Founded by Andrew Brooks M.D. and Brad Brooks in 2010, TigerConnect has now raised a total of $126.1M in total equity funding and is backed by investors that include HealthQuest Capital, Industry Ventures, Invus, Montreux Equity Partners, New Leaf Venture Partners, and Norwest Venture Partners.
Instacart — $200.0M – Venture
San Francisco-based Instacart specializes in delivering groceries and home essentials from a variety of local stores. Founded by Apoorva Mehta, Brandon Leonardo, and Max Mullen in 2012, Instacart has now raised a total of $2.4B in total equity funding and is backed by investors that include D1 Capital Partners and Valiant Peregrine Fund.
Tipalti — $150.0M – Series E
San Mateo-based Tipalti is a global payables automation platform that provides a cloud solution to scale and automate global payables operations. Founded by Chen Amit and Oren Zeev in 2010, Tipalti has now raised a total of $279.0M in total equity funding and is backed by investors that include 01 Advisors, Durable Capital Partners, and Greenoaks Capital.
Observe — $35.0M – Series A
San Mateo-based Observe provides performance management tools based on a versatile observability platform. Founded by Jacob Leverich, Jon Watte, Jonathan Trevor, and Philipp Unterbrunner in 2017, Observe has now raised a total of $35.0M in total equity funding and is backed by investors that include Frank Slootman, Michael Dell, Scott Dietzen, and Sutter Hill Ventures.
Redaptive — $156.5M – Venture
San Francisco-based Redaptive is an Efficiency-as-a-Service tool for commercial and industrial customers. Founded by John Rhow and Ryan Martineau in 2013, Redaptive has now raised a total of $181.5M in total equity funding and is backed by investors that include CarVal Investors, CBRE Group, ENGIE New Ventures, Evergy Ventures, and Linse Capital.
Onapsis — $55.0M – Series D
Boston-based Onapsis provides cybersecurity and compliance solutions for cloud and on-premise ERP and business-critical applications. Founded by Juan Pablo Perez Etchegoyen, Mariano Nunez, and Victor Hugo Montero in 2009, Onapsis has now raised a total of $115.6M in total equity funding and is backed by investors that include .406 Ventures, Arsenal, Caisse de Depot et Placement du Quebec, LLR Partners, and NightDragon Security.
Chargebee — $55.0M – Series F
San Francisco-based Chargebee offers subscription and recurring billing system for subscription-based SaaS and eCommerce businesses. Founded by KP Saravanan, Krish Subramanian, Rajaraman Santhanam, and Thiyagarajan Thiyagu in 2011, Chargebee has now raised a total of $93.2M in total equity funding and is backed by investors that include Insight Partners, Steadview Capital, and Tiger Global Management.
goPuff — $380.0M – Venture
Philadelphia-based goPuff delivers everyday essentials, from cleaning supplies, home needs, and OTC medications to food and drinks in just minutes. Founded by Rafael Ilishayev and Yakir Gola in 2013, goPuff has now raised a total of $1.2B in total equity funding and is backed by investors that include Accel, D1 Capital Partners, Luxor Capital Group, and SoftBank Vision Fund.
Hyperice — $47.8M – Series A
Irvine-based HyperIce provides recovery and movement enhancement technology for athletes. Founded by Anthony Katz in 2010, Hyperice is backed by investors that include 32 Equity, Anthony Davis, Ben Simmons, Chris Paul, Christian McCaffrey, DeAndre Jordan, Doc Rivers, Fernando TatÃs Jr, J.J. Watt, Ja Morant, Jarvis Landry, Kelly Slater, Main Street Advisors, Naomi Osaka, National Basketball Association, One Team Partners, Patrick Mahomes, Rickie Fowler, Russell Westbrook, SC.Holdings, Seth Curry, and Trae Young.
mmhmm — $21.0M – Series A
San Francisco-based mmhmm is a virtual camera application used to create virtual rooms, backdrops, and presentations during video conferencing calls. Founded by Phil Libin in 2020, mmhmm has now raised a total of $30.5M in total equity funding and is backed by investors that include Aglae Ventures, Augie K Fabela II, Digital Garage, Eric Perez-Grovas, Future Positive Capital, Goldman Sachs, GSV Ventures, Heather Podesta, Hiroshi Mikitani, Human Capital, Jana Messerschmidt, Julia Hartz, Kevin Hartz, Kevin Systrom, Knife Capital, Lachy Groom, Linda Kozlowski, Mark Ayzenshtat, Mike Krieger, Mistletoe, Mubadala Capital | Ventures US, Naomi Pilosof Ionita, Precursor Ventures, Satoshi Nakajima, Scrum Ventures, Sequoia Capital, Tammy Sun, Tony Fadell, Work Life Ventures, and World Innovation Lab (WiL).
Avail Medsystems — $100.0M – Series B
Palo Alto-based Avail Medsystems is a medical technology company that develops telemedicine software for the procedure room. Founded by Daniel Hawkins in 2018, Avail Medsystems has now raised a total of $127.9M in total equity funding and is backed by investors that include 8VC and D1 Capital Partners.
Unqork — $207.0M – Series C
New York-based Unqork is a no-code enterprise application platform that helps companies build, deploy, and manage complex applications. Founded by Gary Hoberman in 2017, Unqork has now raised a total of $365.2M in total equity funding and is backed by investors that include Aquiline Technology Growth, BlackRock, Broadridge, CapitalG, Eldridge, Fin Venture Capital, Goldman Sachs, Hewlett Packard Enterprise, Schonfeld Strategic Advisors, Summerfield Capital Management, Sunley House Capital Management, and World Innovation Lab (WiL).
GrubMarket — $60.0M – Series D
San Francisco-based GrubMarket supplies local fresh food online with affordable prices and convenient delivery. Founded by Mike Xu in 2014, GrubMarket has now raised a total of $152.1M in total equity funding and is backed by investors that include BlackRock, Celtic House Venture Partners, CentreGold Capital, Digital Garage, GGV Capital, Marubeni Corporation, Mojo Partners, Reimagined Ventures, Scrum Ventures, Sixty Degree Capital, Trinity Capital Investment, WI Harper Group, and Y Combinator.
