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 7/3/21 featuring funding details for ShipBob, LocoNav, Alto, and twenty-five other rounds that you need to know about.
Age of Learning — $300.0M – Series C
Glendale-based Age of Learning provides a comprehensive and engaging online curriculum for pre-k, kindergarten, elementary, and middle school programs. Founded by Doug Dohring in 2007, Age of Learning has now raised a total of $450.0M in total equity funding and is backed by investors that include Madrone Capital Partners, Qatar Investment Authority, and TPG.
Canopy — $11.0M – Series C
Lehi-based Canopy develops an online tax workflow management software that manages the tax workflow of tax practitioners. Founded by Kurt Avarell in 2014, Canopy has now raised a total of $107.5M in total equity funding and is backed by investors that include Ankona Capital Partners, NewView Capital, Pelion Venture Partners, and Tenaya Capital.
DataRobot — $250.0M – Series G
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 $1.0B in total equity funding and is backed by investors that include Altimeter Capital and Tiger Global Management.
EchoNous — $60.0M – Venture
Redmond-based EchoNous is the power of intelligent medical tools for common everyday problems in healthcare. Founded by Kevin M. Goodwin in 2016, EchoNous has now raised a total of $95.0M in total equity funding and is backed by investors that include Kennedy Lewis Investment Management and Kohlberg Kravis Roberts.
maude — $5.8M – Series A
Brooklyn-based Maude is an essentials brand with a focus on access to sexual wellness products. Founded by Eva Goicochea in 2018, maude has now raised a total of $10.1M in total equity funding and is backed by investors that include Fable Investments, True Beauty Ventures, True., and WME.
Harness Wealth — $15.0M – Series A
New York-based Harness Wealth provides the next generation of builders confidence in their best financial future. Founded by Catherine Prentke English, David Snider, and Drew Schwartz in 2018, Harness Wealth has now raised a total of $19.0M in total equity funding and is backed by investors that include Activant Capital, AlleyCorp, Bain Capital Ventures, Firstminute Capital, FJ Labs, GingerBread Capital, I2BF Global Ventures, Jackson Square Ventures, Liquid 2 Ventures, Marc Benioff, Ori Allon, and Torch Capital.
HealthVerity — $100.0M – Series D
Philadelphia-based HealthVerity powers the discovery, licensing, and linkage of traditional and emerging healthcare data. Founded by Andrew Goldberg and Andrew Kress in 2014, HealthVerity has now raised a total of $142.2M in total equity funding and is backed by investors that include Durable Capital Partners, Flare Capital Partners, Foresite Capital, and Greycroft.
Orum.io — $56.0M – Series B
New York-based Orum builds infrastructure for a frictionless financial system that enables real-time money movement with proprietary intelligence. Founded by Stephany Kirkpatrick in 2019, Orum.io has now raised a total of $82.2M in total equity funding and is backed by investors that include Accel, Acrew Capital, Bain Capital Ventures, BoxGroup, Canapi Ventures, Clocktower Technology Ventures, Homebrew, Inspired Capital Partners, and Primary Venture Partners.
Hypersonix — $35.0M – Series B
San Jose-based Hypersonix is an AI-backed autonomous analytics platform created to help businesses better analyze consumer commerce data. Founded by Gina Becchetti, Prem Kiran, and Rama Rao in 2018, Hypersonix has now raised a total of $50.1M in total equity funding and is backed by investors that include B Capital Group, Firebolt Ventures, Gokul Rajaram, Intel Capital, and Magicus Ventures.
LocoNav — $37.0M – Series B
San Francisco-based LocoNav is a full stack fleet software company used to deliver a single platform to run and manage fleet operations with ease. Founded by Shridhar Gupta and Vidit Jain in 2015, LocoNav has now raised a total of $44.4M in total equity funding and is backed by investors that include Aadil Mamujee, Abhi Ingle, Ajay Agarwal, Akhil Paul, Anand Chandrasekaran, Anjali Joshi, Anthemis Group, Foundamental, Jai Shekhawat, Manik Gupta, Mark Licht, Quiet Capital, RIT Capital Partners, Sequoia Capital India, Uncorrelated Ventures, Vas Bhandarkar, and Village Global.
ShipBob — $200.0M – Series E
Chicago-based ShipBob is a global logistics company that offers an e-commerce fulfillment order platform for direct-to-consumer brands. Founded by Dhruv Saxena, Divey Gulati, George Wojciechowski, and Jivko Bojinov in 2014, ShipBob has now raised a total of $330.5M in total equity funding and is backed by investors that include Bain Capital Ventures, Hyde Park Angels, Hyde Park Venture Partners, Menlo Ventures, Silicon Valley Bank, and SoftBank.
Mandolin — $12.0M – Series A
Indianapolis-based Mandolin is a digital platform designed to help artists, venues, and fans connect through live music. Founded by Mary Kay Huse, Robert Meitus, and Steve Caldwell in 2020, Mandolin has now raised a total of $17.0M in total equity funding and is backed by investors that include 645 Ventures, Foundry Group, High Alpha, and Time Ventures.
Noname Security — $60.0M – Series B
Palo Alto-based Noname Security is a security platform that allows enterprises to see and secure managed and unmanaged APIs. Founded by Oz Golan and Shay Levi in 2020, Noname Security has now raised a total of $85.0M in total equity funding and is backed by investors that include Cyberstarts, ForgePoint Capital, Insight Partners, Lightspeed Venture Partners, Next47, and The Syndicate Group.
Olive — $400.0M – Series H
Columbus-based Olive has developed an artificial intelligence workforce for the health care industry. Founded by Bradley Mascho and Sean Lane in 2012, Olive has now raised a total of $856.3M in total equity funding and is backed by investors that include Base10 Partners, Tiger Global Management, and Vista Equity Partners.
Physna — $56.0M – Series B
Cincinnati-based Physna is a geometric deep-learning and 3D search company that searches, compares, and analyzes 3D models. Founded by Glenn Warner and Paul Powers in 2015, Physna has now raised a total of $85.0M in total equity funding and is backed by investors that include GV, Sequoia Capital, and Tiger Global Management.
Alto — $45.0M – Series B
Dallas-based Alto uses a dedicated fleet, employee drivers, and elegant apps to provide safe, consistent, quality rides. Founded by Boris Blanche, Patrice Crisinel, and Will Coleman in 2018, Alto has now raised a total of $59.5M in total equity funding and is backed by investors that include Alumni Ventures Group, Franklin Templeton Investments, Goff Capital, Green Park & Golf Ventures, Hope Ventures Capital, Senterra, and Tuesday Capital.
ServiceTitan — $200.0M – Series G
Glendale-based ServiceTitan is a service management software that helps home services businesses generate more leads and close more sales. Founded by Ara Mahdessian and Vahe Kuzoyan in 2012, ServiceTitan has now raised a total of $1.1B in total equity funding and is backed by investors that include Battery Ventures, Bessemer Venture Partners, Dragoneer Investment Group, ICONIQ Capital, Index Ventures, Sequoia Capital Global Equities, T. Rowe Price, Thoma Bravo, and Tiger Global Management.
Singularity 6 — $30.0M – Series B
Los Angeles-based Singularity 6 is a game development studio dedicated to the idea that games can create deeper, more meaningful experiences. Founded by Aidan Karabaich and Anthony Leung in 2018, Singularity 6 has now raised a total of $49.0M in total equity funding and is backed by investors that include Andreessen Horowitz, Anthos Capital, FunPlus Ventures, LVP, Mitch Lasky, and Transcend Fund. LA TechWatch will publish an exclusive interview with the founding team covering this round and much more. Stay tuned!
Tapcart — $50.0M – Series B
Santa Monica-based Tapcart is a SaaS platform that enables e-commerce merchants to launch and manage mobile apps for their brands. Founded by Eric Netsch and Sina Mobasser in 2017, Tapcart has now raised a total of $64.9M in total equity funding and is backed by investors that include Act One Ventures, Amplify.LA, Greycroft, Left Lane Capital, Shopify, and SignalFire. LA TechWatch published an exclusive interview with Netsch covering this round and much more – Tapcart Raises $50M for its Platform That Lets Shopify Users Seamlessly Build Mobile Apps and More
TCGplayer — $35.0M – Venture
Syracuse-based TCGplayer is the leading online technology platform for the collectibles industry. Founded by Chedy Hampson in 1998, TCGplayer has now raised a total of $45.0M in total equity funding and is backed by investors that include Vista Credit Partners.
Pietra — $15.0M – Series A
New York-based Pietra is a business-in-a-box platform that provides Creators all the tools they need to build a business. Founded by Jaden Levitt, Pan Pan, and Ronak Trivedi in 2019, Pietra has now raised a total of $15.0M in total equity funding and is backed by investors that include Abstract Ventures, Andreessen Horowitz, Founders Fund, and TQ Ventures.
Tomo — $30.0M – Seed
Stamford-based Tomo is a fintech startup that will improve the homebuying experience, initially as a digital mortgage and transaction company. Founded by Carey Armstrong and Greg Schwartz in 2020, Tomo has now raised a total of $70.0M in total equity funding and is backed by investors that include DST Global, NFX, Ribbit Capital, SVB Capital, and Zigg Capital.
Trainual — $27.0M – Series B
Scottsdale-based Trainual is a software platform that helps businesses build playbooks to train and grow their team. Founded by Chris Ronzio and Jonathan Ronzio in 2018, Trainual has now raised a total of $33.8M in total equity funding and is backed by investors that include 4490 Ventures, Altos Ventures, David Sipes, Daymond John, MATH Venture Partners, Matt Rissell, Mikita Mikado, PHX Ventures, and Rony Kahan.
VRChat — $80.0M – Series D
San Francisco-based VRChat is a virtual reality social platform that allows users to easily build social virtual reality content. Founded by Graham Gaylor and Jesse Joudrey in 2014, VRChat has now raised a total of $95.2M in total equity funding and is backed by investors that include Anthos Capital, GFR Fund, and Makers Fund.
Wellthy — $35.0M – Series B
New York-based Wellthy is a family care concierge service bringing relief to families managing complex or ongoing care situations. Founded by Kevin Roche and Lindsay Jurist-Rosner in 2014, Wellthy has now raised a total of $50.3M in total equity funding and is backed by investors that include Eldridge, Hearst Ventures, Polaris Partners, and Rethink Impact.
ZeroAvia — $13.0M – Venture
Hollister-based ZeroAvia produces practical zero emission aviation powertrain targeting 9-19-passenger airplanes to start replacing dirty jet fuel. Founded by Val Miftakhov in 2017, ZeroAvia has now raised a total of $58.7M in total equity funding and is backed by investors that include Agartha, Alumni Ventures Group, AP Ventures, Breakthrough Energy Ventures, Climate Pledge Fund, Horizons Ventures, SGH CAPITAL, Shell Ventures, Summa Equity, and SYSTEMIQ.
Zipline — $250.0M – Series E
Half Moon Bay-based Zipline designs, manufactures, and operates drones to deliver vital medical products to everyone, no matter where they live. Founded by Keenan Wyrobek, Keller Rinaudo, and Will Hetzler in 2014, Zipline has now raised a total of $483.0M in total equity funding and is backed by investors that include Baillie Gifford, Emerging Capital Partners (ECP), Fidelity, Intercorp, Katalyst.Ventures, Reinvent Capital, and Temasek Holdings.
