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 6/5/21 featuring funding details for Gong, Shippo, LeoLabs, and twenty-three other rounds that you must know about.
Alation — $110.0M – Series D
Redwood City-based Alation offers a machine learning data catalog to help people find, understand, and trust data across their organizations. Founded by Aaron Kalb, Feng Niu, Satyen Sangani, and Venky Ganti in 2012, Alation has now raised a total of $192.0M in total equity funding and is backed by investors that include Costanoa Ventures, Dell Technologies Capital, Icon Ventures, Riverwood Capital, Salesforce Ventures, Sanabil, Sapphire Ventures, Snowflake Ventures, and Union Grove Venture Partners.
Aunt Bertha — $27.0M – Series D
Austin-based Aunt Bertha enables individuals to find and apply for government and charitable social service programs. Founded by Erine Gray in 2010, Aunt Bertha has now raised a total of $48.0M in total equity funding and is backed by investors that include Digitalis Ventures, Noro-Moseley Partners, Pershing Square Capital Management, Techstars Ventures, The Social Entrepreneurs Fund (TSEF), and Warburg Pincus.
Bobbie — $15.0M – Series A
San Francisco-based Bobbie is a baby formula delivery startup that sells direct-to-consumer and offers a subscription service to parents across the US. Founded by Laura Modi and Sarah Hardy in 2018, Bobbie has now raised a total of $21.5M in total equity funding and is backed by investors that include VMG Partners.
DealHub.io — $20.0M – Series B
Austin-based DealHub.io is a revenue amplification platform that delivers consistent sales engagements at every step of the sales process. Founded by Alon Lubin, Eyal Elbahary, and Eyal Orgil in 2014, DealHub.io has now raised a total of $24.5M in total equity funding and is backed by investors that include Cornerstone Venture Partners and Israel Growth Partners.
Iterative.ai — $20.0M – Series A
San Francisco-based Iterative.ai brings engineering practices to data science and machine learning. Founded by Dmitry Petrov and Ivan Shcheklein in 2018, Iterative.ai has now raised a total of $25.4M in total equity funding and is backed by investors that include 468 Capital, Afore Capital, and True Ventures.
ElectroNeek — $20.0M – Series A
San Francisco-based ElectroNeek serves as a robotic process automation platform for creating digital workforce and personal assistants. Founded by Dmitry Karpov, Mike Rozhin, and Sergey Yudovskiy in 2018, ElectroNeek has now raised a total of $23.7M in total equity funding and is backed by investors that include Angelsdeck, Association and CPA.com Startup Accelerator, Baring Vostok Capital Partners, Dragon Capital, Gokul Rajaram, I2BF Global Ventures, and YellowRockets.vc.
project44 — $202.0M – Series E
Chicago-based project44 is a provider of an advanced supply chain visibility platform for shippers and third-party logistics firms. Founded by Jett McCandless and Wally Ibrahim in 2014, project44 has now raised a total of $397.5M in total equity funding and is backed by investors that include Emergence and Goldman Sachs.
HumanFirst — $12.0M – Series A
San Francisco-based HumanFirst enables safe, effective, and equitable healthcare operations at home. Founded by Andrea Coravos and Sofia Warner in 2017, HumanFirst has now raised a total of $14.9M in total equity funding and is backed by investors that include Alice Zhang, Alyssa Atkins, Ariel Dora Stern, Arkitekt Ventures, Ashley Yesayan, Beth Turner, Boost VC, Chris Hsu, Chris Mansi, Christina Cacioppo, Deon Nicholas, Dina Burkitbayeva, Ellen Chisa, Ellen Da Silva, Elliot Cohen, Evan Coravos, Felicia Curcuru, Ginny Fahs, Howie Liu, Jamie Gates, Jessica Cole, Josh Hannah, Julia Austin, Katie fahs, Khaled Kteily, Laura Behrens Wu, Linda Xie, Lisa Marrone, Lux Capital, Maverick Ventures, Nat Turner, Noah Zimmerman, Reade Fahs, Samuel Whitaker, SV Angel, Ted Leonsis, Threshold, Tom Janssen, Village Global, Yuval Gonczarowski, and Zach Weinberg.
Gong — $250.0M – Series E
San Francisco-based Gong.io is a revenue intelligence platform that delivers insights at scale. Founded by Amit Bendov and Eilon Reshef in 2015, Gong has now raised a total of $583.0M in total equity funding and is backed by investors that include Coatue, Franklin Templeton Investments, Salesforce Ventures, Sequoia Capital, Thrive Capital, and Tiger Global Management.
Shippo — $50.0M – Venture
San Francisco-based Shippo is a shipping platform that helps e-commerce companies manage their shipping operations more seamlessly. Founded by Laura Behrens Wu, Max M. Diez, and Simon Kreuz in 2013, Shippo has now raised a total of $154.3M in total equity funding and is backed by investors that include Bessemer Venture Partners.
Hungryroot — $40.0M – Series C
New York-based Hungryroot is a provider of an artificial intelligence-powered personalized grocery service. Founded by Benjamin McKean, Franklin Becker, and Gregory Struck in 2015, Hungryroot has now raised a total of $75.4M in total equity funding and is backed by investors that include L Catterton.
LambdaTest — $16.0M – Series B
San Francisco-based LambdaTest allows users to test public or locally hosted web apps across different browsers, OS, and devices. Founded by Asad Khan and Jay Singh in 2017, LambdaTest has now raised a total of $25.0M in total equity funding and is backed by investors that include Sequoia Capital India, Telstra Ventures, and Wamda Capital.
LeoLabs — $65.0M – Series B
Menlo Park-based LeoLabs is an aerospace company that supplies and provides low Earth orbit mapping and space situational awareness services. Founded by Daniel Ceperley, John Buonocore, and Michael Nicolls in 2016, LeoLabs has now raised a total of $82.0M in total equity funding and is backed by investors that include Insight Partners and Velvet Sea Ventures.
Helix — $50.0M – Series C
San Mateo-based Helix is a population genomics company that is working to advance genomics research and integrate genomic data into clinical care. Founded by James Lu, Justin Kao, and Scott Burke in 2015, Helix has now raised a total of $370.0M in total equity funding and is backed by investors that include DFJ Growth, Kleiner Perkins, Mayo Clinic Ventures, Temasek Holdings, and Warburg Pincus.
Mynd — $40.0M – Venture
Oakland-based Mynd MYND Property Management is a customer-first, tech-enabled property management firm based in Oakland, Calif. Founded by Colin Wiel, Don Ganguly, and Doug Brien in 2016, Mynd has now raised a total of $117.6M in total equity funding and is backed by investors that include Invesco.
Outreach — $200.0M – Series G
Seattle-based Outreach is a sales engagement platform that uses AI for predictive analytics as it relates to sales. Founded by Andrew Kinzer, Gordon Hempton, Manny Medina, and Wes Hather in 2014, Outreach has now raised a total of $489.0M in total equity funding and is backed by investors that include DFJ Growth, Lone Pine Capital, Mayfield Fund, PremjiInvest, Salesforce Ventures, Sands Capital Management, Sequoia Capital Global Equities, Steadfast Financial, Tiger Global Management, Trinity Ventures, and Vista Equity Partners.
Pinwheel — $20.0M – Series A
New York-based Pinwheel is a payroll connectivity company that connects payroll providers through a single point of connectivity for tasks. Founded by Anish Basu, Curtis Lee, and Kurt Lin in 2018, Pinwheel has now raised a total of $27.0M in total equity funding and is backed by investors that include Adam Nash, Amit Agarwal, Coatue, First Round Capital, Gokul Rajaram, Jacqueline Reses, Primary Ventures, Raj Date, SemperVirens Venture Capital, Shishir Mehrotra, Shiva Rajaraman, Tony Xu, and Upfront Ventures.
Realtime Robotics — $31.4M – Series A
Boston-based Realtime Robotics develops a platform for robots to function seamlessly across deployments with minimal programming. Founded by Dan Sorin, George Konidaris, Peter Howard, Sean Murray, and Will Floyd-Jones in 2016, Realtime Robotics has now raised a total of $47.1M in total equity funding and is backed by investors that include Duke Angel Network, HAHN Automation, Inc., Heroic Ventures, Omron Ventures, SAIC Capital, Scrum Ventures, Soundproof Ventures, SPARX Asset Management, and Toyota Ventures.
Sharpen Technologies — $14.0M – Venture
Indianapolis-based Sharpen is an agent-first omnichannel cloud contact center platform that offers voice and software solutions. Founded by Bracken Fields in 2011, Sharpen Technologies has now raised a total of $48.5M in total equity funding and is backed by investors that include Bridge Bank, Cultivation Capital, and Multiplier Capital.
Spruce Holdings — $60.0M – Series C
New York-based Spruce Holdings aims to improve title insurance assessment and issuance to reduce the time needed to close a real estate deal. Founded by Andrew Weisgall and Patrick Burns in 2016, Spruce Holdings has now raised a total of $110.1M in total equity funding and is backed by investors that include Bessemer Venture Partners, Scale Venture Partners, and Zigg Capital.
Synctera — $33.0M – Series A
San Francisco-based Synctera is a FinTech-as-a-Service platform that connects financial institutions with fintech companies. Founded by Dominik Weisserth, Kris Hansen, and Peter Hazlehurst in 2020, Synctera has now raised a total of $45.4M in total equity funding and is backed by investors that include Diagram Ventures, Fin Venture Capital, Gaingels, Lightspeed Venture Partners, Mastercard, Nuno Sebastiao, Omri Dahan, SciFi VC, Scribble Ventures, and Timothy Sheehan.
The Beans — $2.0M – Seed
San Francisco-based The Beans offers a software application platform that creates personalized cash flow plans designed for its users. Founded by Melissa Pancoast in 2017, The Beans has now raised a total of $3.5M in total equity funding and is backed by investors that include One Planet, Oxford Angel Fund, Precursor Ventures, Relay Ventures, and Swing Ventures.
Thirty Madison — $140.0M – Series C
New York-based Thirty Madison offers direct-to-consumer healthcare and wellness products. Founded by Demetri Karagas and Steven Gutentag in 2017, Thirty Madison has now raised a total of $209.8M in total equity funding and is backed by investors that include Bracket Capital, Greycroft, HealthQuest Capital, Johnson & Johnson Innovation â JJDC, Mousse Partners, Northzone, and Polaris Partners.
Truebill — $45.0M – Series D
Silver Spring-based Truebill is a personal finance app that utilizes AI to enable users to manage their personal finances and improve their financial health. Founded by Haroon Mokhtarzada, Idris Mokhtarzada, and Yahya Mokhtarzada in 2015, Truebill has now raised a total of $83.9M in total equity funding and is backed by investors that include Accel, Bessemer Venture Partners, Cota Capital, and Eldridge.
venn — $60.0M – Series B
Brooklyn-based Venn offers a platform that encourages urbanites to become active creators and participants in the development of their community. Founded by Chen Avni, David Sherez, and Or Bokobza in 2016, venn has now raised a total of $100.0M in total equity funding and is backed by investors that include Bridges Israel, Group 11, Hamilton Lane, and Pitango Venture Capital.
Yieldstreet — $100.0M – Series C
New York-based Yieldstreet is a management platform that provides institutional investors with access to income-generating investment products. Founded by Dennis Shields, Michael Weisz, and Milind Mehere in 2015, Yieldstreet has now raised a total of $178.5M in total equity funding and is backed by investors that include Edison Partners, Expansion Capital, Gaingels, Greenspring Associates, Greycroft, Kingfisher Investment Advisors, Raine Ventures, Soros Fund Management, Tarsadia Investments, and Top Tier Capital Partners. AlleyWatch broke the of this round in an exclusive interview with Mehere – Yieldstreet Raises Another $100M for its Platform that Democratizes Access to Alternative Investments
