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 1/16/21 featuring funding details for NeuroFlow, Jellyfish, and twenty other rounds that you must know about.
Blend — $300.0M – Series G
San Francisco-based Blend is a digital lending platform that supports and simplifies applications for mortgages, consumer loans, and deposit accounts. Founded by Erin Collard, Eugene Marinelli, Nima Ghamsari, and Rosco Hill in 2012, Blend has now raised a total of $665.0M in total equity funding and investors in this round include Coatue and Tiger Global Management.
Bryte — $24.5M – Series A
Los Altos-based Bryte is a sleep technology company that designs and sells restorative intelligence products and services. Founded by Ely Tsern, John Tompane, and Jonathan Farringdon in 2016, Bryte has now raised a total of $24.5M in total equity funding and investors in this round include ARCHina Capital Partners, David Mooring, and John Warnock.
Carbyne — $25.0M – Series B
New York-based Carbyne is a real-time emergency communication platform that provides public safety technology for emergency infrastructure. Founded by Alex Dizengof, Amir Elichai, Lital Leshem, and Yoni Yatsun in 2014, Carbyne has now raised a total of $52.4M in total equity funding and investors in this round include David Petraeus, Ehud Barak, Elsted Capital Partners, FinTLV Ventures, Founders Fund, and Hanaco Venture Capital.
Cockroach Labs — $160.0M – Series E
New York-based Cockroach Labs is a software company that develops a cloud-native SQL database for modern cloud applications. Founded by Benjamin Darnell, Peter Mattis, and Spencer Kimball in 2015, Cockroach Labs has now raised a total of $355.1M in total equity funding and investors in this round include Altimeter Capital, Benchmark, Bond, FirstMark, Greenoaks Capital, GV, Index Ventures, Lone Pine Capital, and Tiger Global Management.
CookUnity — $15.5M – Series A
Brooklyn-based CookUnity is a meal subscription and delivery platform that connects private chefs with consumers. Founded by Lucia Cisilotto, Mateo Marietti, and Matias Serebrinsky in 2015, CookUnity has now raised a total of $23.4M in total equity funding and investors in this round include Fuel Venture Capital and IDC Ventures. AlleyWatch published an exclusive interview with Marietti covering this round – CookUnity Raises $15.5M For its Direct-Chef-to-Consumer Meal Delivery Service
Flockjay — $11.0M – Series A
San Francisco-based Flockjay is an online academy that empowers job seekers with the tools and training they need to break into tech. Founded by Shaan Hathiramani in 2018, Flockjay has now raised a total of $14.1M in total equity funding and investors in this round include Cleo Capital, Coatue, e.ventures, Gabrielle Union, Impact America Fund, Lightspeed Venture Partners, and Salesforce Ventures.
Jellyfish — $31.5M – Series B
Boston-based Jellyfish is a management platform that enables engineering leaders to align engineering work with strategic business objectives. Founded by Andrew Lau, David Gourley, and Philip Braden in 2017, Jellyfish has now raised a total of $43.5M in total equity funding and investors in this round include Accel, Insight Partners, and Wing Venture Capital.
Lumiata — $14.0M – Series B
San Mateo-based Lumiata provides AI-powered health analytics for cost and risk prediction to payers, providers and employers. Founded by Ash Damle in 2013, Lumiata has now raised a total of $45.0M in total equity funding and investors in this round include Allegis NL Capital, Defy.vc, Khosla Ventures, and The Blue Venture Fund.
Modern Treasury — $38.0M – Series B
San Francisco-based Modern Treasury offers a payment operations platform used to simplify and modernize business payments. Founded by Dimitri Dadiomov, Matthew Marcus, and Sam Aarons in 2018, Modern Treasury has now raised a total of $48.0M in total equity funding and investors in this round include Altimeter Capital, Benchmark, and Y Combinator.
Molecula — $17.6M – Series A
Austin-based Molecula is an enterprise feature store that simplifies big data for machine-scale analytics and AI. Founded by Ganesh Padmanabhan, Higinio O. Maycotte, Jonathan Spillman, Travis Turner, Troy Lanier, and Zachary Landry in 2017, Molecula has now raised a total of $23.6M in total equity funding and investors in this round include Drive Capital, Tensility Venture Partners, and TTV Capital.
Mosaic.tech — $18.5M – Series A
San Diego-based Mosaic.tech is a finance platform that provides predictive reporting capabilities to assist with financial strategy and planning. Founded by Bijan Moallemi, Brian Campbell, and Joe Garafalo in 2019, Mosaic.tech has now raised a total of $20.9M in total equity funding and investors in this round include Felicis Ventures, General Catalyst, Village Global, and XYZ Ventures LLC.
MX Technologies — $300.0M – Series C
Lehi-based MX Technologies is a fintech company that aims to connect people with their financial data in a way that automates their money experience. Founded by Brandon Dewitt and Ryan Caldwell in 2010, MX Technologies has now raised a total of $505.0M in total equity funding and investors in this round include Canapi Ventures, CapitalG, Digital Garage, Geodesic Capital, Greycroft, Pelion Venture Partners, Point72 Ventures, Regions Financial Corporation, and TPG.
Nacelle — $18.0M – Series A
Los Angeles-based Nacelle turns slow eCommerce sites into lightning fast PWAs which convert 25%+ better. Founded by Brian Anderson and Rachel Tyers in 2019, Nacelle has now raised a total of $22.8M in total equity funding and investors in this round include High Alpha.
Neat Capital — $22.5M – Series B
Boulder-based Neat Capital is a FinTech mortgage lender setting out to make financing a home as frictionless as using cash. Founded by Chad Lewkowski, Christin Price, Luke Johnson, Ryan Brennan, and Steve Herschleb in 2015, Neat Capital has now raised a total of $47.4M in total equity funding and investors in this round include American Family Ventures and Left Lane Capital.
NeuroFlow — $20.0M – Series B
Philadelphia-based NeuroFlow is a HIPAA compliant digital health platform that optimizes the way behavioral healthcare is delivered, tracked, and assessed. Founded by Adam Pardes and Christopher Molaro in 2017, NeuroFlow has now raised a total of $31.0M in total equity funding and investors in this round include Magellan Health Services.
OneRail — $6.7M – Seed
Orlando-based OneRail is a final mile orchestration platform that matches the demand signal (POS, ERP, eCommerce) with fulfillment networks in real-time. Founded by Bill Catania and Lisa Catania in 2018, OneRail has now raised a total of $12.5M in total equity funding and investors in this round include Alpine Meridian Ventures, Alumni Ventures Group, Bullpen Capital, Chicago Ventures, Creative Co Capital, Las Olas Venture Capital, Purple Arch Ventures, and Triphammer Ventures.
Oqton — $40.0M – Series A
San Francisco-based Oqton is a software company that develops AI-driven software for the manufacturing industry. Founded by Ben Schrauwen and Samir Hanna in 2017, Oqton has now raised a total of $40.0M in total equity funding and investors in this round include Ben Schrauwen, Carl Bass, Dries Buytaert, Fortino Capital, Peter Mercelis, PMV, Samir Hanna, and Sandvik.
Outer — $10.5M – Series A
Santa Monica-based Outer is a direct-to-consumer outdoor furniture brand. Founded by Jiake Liu and Terry Lin in 2017, Outer has now raised a total of $15.0M in total equity funding and investors in this round include Andy Katz-Mayfield, Jason Calacanis, Jeffrey Raider, Justin Kan, MANTIS Venture Capital, Mucker Capital, overtime.vc, Plum Ventures, Robin Chan, Scott Tannen, Sequoia Capital China, Social Starts, and Unlock Venture Partners.
Own Up — $12.0M – Series B
Boston-based Own Up provides a software solution that enables residential lending from various lenders. Founded by Brent Shields, Mike Tassone, and Patrick Boyaggi in 2016, Own Up has now raised a total of $24.2M in total equity funding and investors in this round include Brand Foundry Ventures, Link Ventures, Listen, and Techstars Ventures.
Tradeswell — $15.5M – Series A
Baltimore-based Tradeswell develops an operating system for real-time commerce. Founded by Geoff Kenawell, Haley Ulloa, Jesse Leikin, Paul Palmieri, and Ron Puggi in 2019, Tradeswell has now raised a total of $18.8M in total equity funding and investors in this round include Allen & Company LLC, Construct Capital, SignalFire, and The Emerson Group.
Uplifting Results Labs — $8.2M – Series A
Los Angeles-based Uplifting Results Labs is a consumer health and food tech company that focuses on nutrition solutions to address chronic health conditions. Founded by Marc Washington in 2019, Uplifting Results Labs has now raised a total of $8.2M in total equity funding and investors in this round include Acre Venture Partners, Alpha Edison, Baron Davis, and Cathy Richards.
Workato — $110.0M – Series D
Mountain View-based Workato is an enterprise automation platform that helps organizations work faster and smarter without compromising governance and security. Founded by Alexey Timanovskiy, Dimitris Kogias, Gautham Viswanathan, Harish Shetty, and Vijay Tella in 2013, Workato has now raised a total of $215.0M in total equity funding and investors in this round include Altimeter Capital, Battery Ventures, Insight Partners, and Redpoint.
