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 12/12/20 featuring funding details for Kevel, Salt Security, Fairmarkit, and fourteen other rounds that you must know about.
Babyscripts — $4.0M – Venture
Washington-based Babyscripts is a clinically validated, digital healthcare company. Founded by Anish Sebastian and Juan Pablo Segura in 2013, Babyscripts has now raised a total of $20.3M in total equity funding and investors in this round include Banner Health, Froedtert Health, The CU Healthcare Innovation Fund, and WellSpan Health.
Career Karma — $10.0M – Series A
San Francisco-based Career Karma helps people find career advice and job training to navigate their careers. Founded by Artur Meyster, Ruben Harris, and Timur Meyster in 2018, Career Karma has now raised a total of $11.9M in total equity funding and investors in this round include 4S Bay Partners, Amira Yahyaoui, Bangaly Kaba, Emerson Collective, Imaginable Futures, Iman Abuzeid, Initialized Capital, Jack Altman, Jewel Burks Solomon, Kapor Capital, Liz Fong-Jones, Nick Soman, Sander Daniels, SoftBank, The 6ixth Event, and Unshackled Ventures.
DataRobot — $50.0M – Series F
Boston-based DataRobot brings AI technology and ROI enablement services to global enterprises. Founded by Jeremy Achin and Thomas DeGodoy in 2012, DataRobot has now raised a total of $750.6M in total equity funding and investors in this round include Hewlett Packard Enterprise, Salesforce Ventures, and Snowflake Ventures.
Fairmarkit — $30.0M – Series B
Boston-based Fairmarkit is an intelligent sourcing platform that empowers organizations to more efficiently purchase the goods and services they need. Founded by Kevin Frechette, Tarek Alaruri, and Victor Kushch in 2017, Fairmarkit has now raised a total of $41.0M in total equity funding and investors in this round include 1984 Ventures, GGV Capital, Insight Partners, New Stack Ventures, and Newfund Capital.
GetAccept — $20.0M – Series B
San Francisco-based GetAccept is an all-in-one sales enablement solution that assists B2B sales reps in closing remote deals. Founded by Carl Carell, Jonas Blanck, Mathias Thulin, and Samir Smajic in 2015, GetAccept has now raised a total of $28.7M in total equity funding and investors in this round include Bessemer Venture Partners and BootstrapLabs.
Squire — $45.0M – Series C
New York-based Squire offers a barbershop management and POS/Booking mobile application that connects barbers and clients nationwide. Founded by Dave Salvant and Songe LaRon in 2016, Squire has now raised a total of $85.1M in total equity funding and investors in this round include ICONIQ Capital.
Kevel — $11.0M – Series A
Durham-based Kevel provides APIs for building custom ad platforms, so you can control and drive more revenue. Founded by James Avery in 2010, Kevel has now raised a total of $11.7M in total equity funding and investors in this round include Commerce Ventures, Food Retail Ventures, Fulcrum Equity Partners, and MathCapital.
LeafLink — $40.0M – Series C
New York-based LeafLink is a wholesale management platform that connects cannabis brands and retailers. Founded by Ryan Smith and Zach Silverman in 2015, LeafLink has now raised a total of $89.0M in total equity funding and investors in this round include Founders Fund, Lerer Hippeau, Nosara Capital, and Thrive Capital.
LeanTaaS — $130.0M – Series D
Santa Clara-based LeanTaaS develops software that increases patient access to medical care. Founded by Mohan Giridharadas in 2010, LeanTaaS has now raised a total of $237.7M in total equity funding and investors in this round include GS Growth and Insight Partners.
Modal — $15.0M – Series A
San Francisco-based Modal provides digital commerce for auto dealers and brands. Founded by Aaron Krane in 2015, Modal has now raised a total of $27.7M in total equity funding and investors in this round include American Honda Finance Corporation.
Parallel Domain — $11.0M – Series A
Palo Alto-based Parallel Domain is a synthetic data platform designed to facilitate autonomous vehicle simulation. Founded by Kevin McNamara in 2017, Parallel Domain has now raised a total of $13.9M in total equity funding and investors in this round include Calibrate Ventures, Costanoa Ventures, Foundry Group, Toyota AI Ventures, and Ubiquity Ventures.
Salt Security — $30.0M – Series B
Palo Alto-based Salt Security provides an API protection platform designed to prevent attacks using machine learning and AI. Founded by Michael Nicosia and Roey Eliyahu in 2016, Salt Security has now raised a total of $61.0M in total equity funding and investors in this round include S Capital VC, Sequoia Capital, Tenaya Capital, and Y Combinator.
SingleStore — $80.0M – Series E
San Francisco-based SingleStore is a provider of a database for operational analytics and cloud-native applications. Founded by Adam Prout, Eric Frenkiel, and Nikita Shamgunov in 2011, SingleStore has now raised a total of $188.1M in total equity funding and investors in this round include Accel, Anchorage Capital Group L.L.C., Dell Technologies Capital, Glynn Capital Management, GV, Hercules Capital, Inc., Insight Partners, and REV.
Sundae — $36.0M – Series B
San Francisco-based Sundae is a residential real estate marketplace focused on helping sellers of distressed property get the best price for their home. Founded by Andrew Swain and Josh Stech in 2018, Sundae has now raised a total of $55.7M in total equity funding and investors in this round include Founders Fund, General Global Capital, Navitas Capital, Prudence Holdings, QED Investors, and Susa Ventures.
Tecton — $35.0M – Series B
San Francisco-based Tecton is a data platform for machine learning, from the creators of Uber Michelangelo, that lets you build a library of great features and serve them in production. Founded by Jeremy Hermann, Kevin Stumpf, and Mike Del Balso in 2019, Tecton has now raised a total of $60.0M in total equity funding and investors in this round include Andreessen Horowitz and Sequoia Capital.
Tempus — $300.0M – Series G
Chicago-based Tempus is a technology company advancing precision medicine through the practical application of artificial intelligence in healthcare. Founded by Eric Lefkofsky in 2015, Tempus has now raised a total of $820.0M in total equity funding and investors in this round include Baillie Gifford, Franklin Templeton, Google, New Enterprise Associates, Novo Holdings, and T. Rowe Price.
WorkRamp — $17.0M – Series B
San Francisco-based WorkRamp is an enterprise learning platform that helps organizations build their own training materials. Founded by Arsh Mand, Michael Garland, Percia Safar, and Ted Blosser in 2015, WorkRamp has now raised a total of $27.2M in total equity funding and investors in this round include Bow Capital and OMERS Ventures.
