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 funding rounds for the week ending 3/6/21 featuring funding details for Fuzzy, Skydio, and eighteen other rounds that you must know about.
Beam Dental — $80.0M – Series E
Columbus-based Beam Dental is a digital provider of dental benefits that focuses on preventative care and rewards for oral hygiene practices. Founded by Alex Curry, Alex Frommeyer, and Dan Dykes in 2012, Beam Dental has now raised a total of $168.4M in total equity funding and investors in this round include Breakout Capital, Drive Capital, Georgian, Nationwide Insurance, and Traverse Fund.
ChurnZero — $25.0M – Series B
Washington-based ChurnZero is customer success software for growing SaaS and subscription businesses. Founded by Mark Heys and You Mon Tsang in 2015, ChurnZero has now raised a total of $34.5M in total equity funding and investors in this round include Baird Capital, Grotech Ventures, and JMI Equity.
Clari — $150.0M – Series E
Sunnyvale-based Clari enables revenue operations to be more connected, predictable, and efficient. Founded by Andy Byrne and Venkat Rangan in 2012, Clari has now raised a total of $271.0M in total equity funding and investors in this round include B Capital Group, Bain Capital Ventures, Madrona Venture Group, Sapphire Ventures, Sequoia Capital, Silver Lake, Tenaya Capital, and Thomvest Ventures.
Deliverr — $135.0M – Series D
San Francisco-based Deliverr is a startup company that provides shipping services for e-commerce businesses. Founded by Harish Abbott and Michael Krakaris in 2017, Deliverr has now raised a total of $205.9M in total equity funding and investors in this round include 8VC, Activant Capital, Coatue, and GLP.
DispatchHealth — $200.0M – Series D
Denver-based DispatchHealth is a provider of in-home and virtual healthcare. Founded by Kevin Riddleberger and Mark Prather in 2013, DispatchHealth has now raised a total of $403.2M in total equity funding and investors in this round include Alta Partners, Echo Health Ventures, Humana, Oak HC/FT, Questa Capital Management, and Tiger Global Management.
Doppler — $6.5M – Venture
San Francisco-based Doppler provides an application management platform used to help developers manage their API keys across their projects. Founded by Brian Vallelunga and Phillip Chao in 2018, Doppler has now raised a total of $8.8M in total equity funding and investors in this round include Addition, BoxGroup, Chapter One Ventures, GV, James Lindenbaum, Lachy Groom, Peak State Ventures, Rahul Vohra, Ryan Shea, Sequoia Capital, Todd Goldberg, and Y Combinator.
EGenesis — $125.0M – Series C
Cambridge-based EGenesis focuses on leveraging genome editing technology to deliver safe and effective human transplantable cells, tissues, and organs. Founded by Geoff MacKay, George Church, and Luhan Yang in 2014, EGenesis has now raised a total of $263.0M in total equity funding and investors in this round include Alta Partners, Altium Capital, ARCH Venture Partners, Catalio Capital Management, Farallon Capital Management, Fresenius Medical Care, HBM Healthcare Investments AG, Invus, Irving Investors, Khosla Ventures, Leaps by Bayer, LifeSci Venture Partners, MONASHEE INVESTMENT, OUP (Osage University Partners), Polaris Partners, Samsara BioCapital, SymBiosis LLC, and Wellington Partners.
Fluid Truck — $63.0M – Series A
Denver-based Fluid Truck provides a platform for businesses and consumers to rent trucks on-demand via web or mobile app. Founded by James Eberhard and Jennifer Snyder in 2016, Fluid Truck has now raised a total of $64.7M in total equity funding and investors in this round include Bison Capital Asset Management, Fluid Vehicle Owners, Ingka Group, and Sumitomo Corporation of America.
Flywire — $60.0M – Series F
Boston-based Flywire provides a vertical payment platform designed to simplify the global payment and receivables process. Founded by Iker Marcaide in 2011, Flywire has now raised a total of $323.2M in total equity funding and investors in this round include Adage Capital Management, Goldman Sachs, Marshall Wace, Spark Growth Ventures, Sunley House Capital Management, Temasek Holdings, and Whale Rock Capital Management.
Fuzzy — $18.0M – Series B
San Francisco-based Fuzzy is a subscription-based pet healthcare startup making pet care accessible and affordable. Founded by Eric Palm and Zubin Bhettay in 2016, Fuzzy has now raised a total of $36.5M in total equity funding and investors in this round include Crosscut Ventures, Gaingels, Greycroft, and Matrix Partners.
Stream — $38.0M – Series B
Boulder-based Stream builds chat and feeds for applications at scale in a fraction of the time and cost of developing in-house. Founded by Thierry Schellenbach and Tommaso Barbugli in 2014, Stream has now raised a total of $58.1M in total equity funding and investors in this round include 01 Advisors, Felicis Ventures, GGV Capital, Johnny Boufarhat, Knight Capital, Olivier Pomel, Selcuk Atli, and Tom Preston-Werner.
Instacart — $265.0M – Venture
San Francisco-based Instacart is an online grocery platform that offers same-day delivery and pickup services for retailers and consumers. Founded by Apoorva Mehta, Brandon Leonardo, and Max Mullen in 2012, Instacart has now raised a total of $2.7B in total equity funding and investors in this round include Andreessen Horowitz, D1 Capital Partners, Fidelity Management and Research Company, Sequoia Capital, and T. Rowe Price.
Postscript — $35.0M – Series B
Scottsdale-based Postscript is an SMS platform that enables brands to communicate and engage with customers through text message marketing. Founded by Adam Turner, Alex Beller, and Colin Turner in 2018, Postscript has now raised a total of $41.2M in total equity funding and investors in this round include 1984 Ventures, Ali Capital, Elephant, Greylock, Larry Fitzgerald, OpenView, and Y Combinator Continuity Fund.
Whatnot — $20.0M – Series A
Marina Del Rey-based Whatnot is a live stream platform and marketplace that enables collectors and enthusiasts to connect, buy, and sell verified products. Founded by Grant LaFontaine and Logan Head in 2019, Whatnot has now raised a total of $24.7M in total equity funding and investors in this round include Andreessen Horowitz, Chris Zarou, Operator Partners, Scribble Ventures, Steve Aoki, Wonder Ventures, and Y Combinator.
Skydio — $170.0M – Series D
Redwood City-based Skydio uses artificial intelligence to create flying drones that are used by consumer, enterprise, and government customers. Founded by Abraham Bachrach, Adam Bry, and Matt Donahoe in 2014, Skydio has now raised a total of $340.0M in total equity funding and investors in this round include Andreessen Horowitz, IVP, Linse Capital, Next47, and UP Partners.
CourseKey — $9.0M – Series B
San Diego-based CourseKey is a SaaS platform for vocational education providers that boosts revenue by improving student retention and graduation rates, helps maintain regulatory compliance, and streamlines processes. Founded by Fadee Kannah and Luke Sophinos in 2015, CourseKey has now raised a total of $18.1M in total equity funding and investors in this round include Builders VC and SignalFire.
TripleBlind — $8.2M – Seed
Kansas City-based TripleBlind offers digital privacy as a service and enables companies to safely provide and consume data in an encrypted environment. Founded by Greg Storm and Riddhiman Das in 2019, TripleBlind has now raised a total of $8.2M in total equity funding and investors in this round include Accenture Ventures, Anorak Ventures, AVG Basecamp Fund, Clocktower Technology Ventures, Dolby Family Ventures, Flyover Capital, KCRise Fund, Manresa Ventures, NextGen Venture Partners, Okta Ventures, Operator Partners, Parity Responsible Technology Fund, Quiet Capital, and Wavemaker 360.
Turntide Technologies — $80.0M – Venture
Sunnyvale-based Turntide Technologies is a developer of a smart motor system. Founded by Mark Johnston, Piyush Desai, and Trevor Creary in 2013, Turntide Technologies has now raised a total of $207.1M in total equity funding and investors in this round include Breakthrough Energy Ventures, Captain Planet LP, Climate Pledge Fund, Fifth Wall, FootPrint Coalition, and Keyframe Capital Partners.
Webscale — $26.0M – Series C
Santa Clara-based Webscale is a multi-cloud SaaS tool that provides access to technology enabling e-commerce businesses to automate their processes. Founded by James Smith, Robert Shires, and Vladimir Shestak in 2012, Webscale has now raised a total of $56.3M in total equity funding and investors in this round include Benhamou Global Ventures, Grotech Ventures, Mohr Davidow Ventures, and Stereo Capital.
Yugabyte — $48.0M – Series C
Sunnyvale-based Yugabyte is an open-source distributed SQL database for customers in industries such as cybersecurity, financial markets, and IoT. Founded by Kannan Muthukkaruppan, Karthik Ranganathan, and Mikhail Bautin in 2016, Yugabyte has now raised a total of $103.0M in total equity funding and investors in this round include 8VC, Dell Technologies Capital, Greenspring Associates, Lightspeed Venture Partners, and Wipro Ventures.
