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Home Startups & Leaders

The Weekly Notable Startup Funding Report: 12/20/21

New York Tech Editorial Team by New York Tech Editorial Team
December 18, 2021
in Startups & Leaders
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The Weekly Notable Startup Funding Report: 12/20/21
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Cockroach Labs

$278.0M – Series F

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 $633.1M in total equity funding and is backed by Altimeter Capital, Benchmark, Bond, Coatue, FirstMark, Greenoaks, GV, Index Ventures, JPMorgan Chase & Co., Lone Pine Capital, Redpoint, and Tiger Global Management.

Course Hero

$380.0M – Series C

Redwood City-based Course Hero is an online learning platform with study resources that help students feel confident and prepared, from day one to graduation. Founded by Andrew T. Grauer, Gregor Carrigan, and Jared Grauer in 2006, Course Hero has now raised a total of $477.4M in total equity funding and is backed by D1 Capital Partners, GSV Ventures, NewView Capital, OMERS Growth Equity, Sequoia Capital Global Equities, SuRo Capital, TPG, Valiant Peregrine Fund, and Wellington Management.

ezCater

$100.0M – Series D

Boston-based EzCater is an online catering marketplace that allows individuals to order food from local caterers. Founded by Briscoe Rodgers and Stefania Mallett in 2007, ezCater has now raised a total of $420.8M in total equity funding and is backed by GIC, ICONIQ Growth, Insight Partners, Invus, Lightspeed Venture Partners, Quadrille Capital, and SoftBank Vision Fund.

Fable

$20.0M – Series A

Palo Alto-based Fable provides a platform for online book clubs. Founded by Jason Shellen and Padmasree Warrior in 2019, Fable has now raised a total of $36.0M in total equity funding and is backed by Breyer Capital, Defy.vc, Gaingels, Redpoint, and Tiger Global Management.

105% ROI on IT costs and free Beats? Electric can give you both. Get lightning-fast IT support, proactive security standardization, and streamlined employee on/offboarding – and a free pair of Beats Solo3 Wireless Headphones for taking a qualified meeting with us. Now that’s an offer that’s hard to beat. If you are an IT-decision maker at a US-based company with 15 – 500 employees, schedule your intro call today!

New York-based Garner Health is a technology-driven platform providing healthcare services and helping people search for doctors. Founded by Nick Reber in 2019, Garner Health has now raised a total of $61.3M in total equity funding and is backed by Founders Fund, Optum Ventures, Redpoint, and Thrive Capital. AlleyWatch broke the news in an exclusive feature covering the round and much more – Garner Health Raises Another $45M to Ensure that Employees are Visiting the Best Performing Doctors, Leading to Better Outcomes

Gtmhub

$120.0M – Series C

Denver-based Gtmhub is a cloud-based goal company that builds OKR software for startups, not-for-profits, and enterprises. Founded by Ivan Osmak, Jordan Angelov, Martin Kirov, and Radoslav Georgiev in 2015, Gtmhub has now raised a total of $160.6M in total equity funding and is backed by CRV, Index Ventures, Insight Partners, Singular, and Visionaries Club.

Innovaccer

$150.0M – Series E

San Francisco-based Innovaccer is a healthcare data activation platform company that delivers healthcare through pioneering analytics and transparent data. Founded by Abhinav Shashank, Kanav Hasija, and Sandeep K Gupta in 2014, Innovaccer has now raised a total of $379.1M in total equity funding and is backed by Avidity Partners, B Capital Group, M12 – Microsoft’s Venture Fund, Mubadala Capital Ventures, OMERS Growth Equity, Schonfeld Strategic Advisors, Steadview Capital, Tiger Global Management, and Whale Rock Capital Management.

Noname Security

$135.0M – Series C

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 $220.0M in total equity funding and is backed by Cyberstarts, ForgePoint Capital, Georgian, Insight Partners, Lightspeed Venture Partners, Next47, and The Syndicate Group.

Papaya

$50.0M – Series B

Los Angeles-based Papaya is a developer of an online mobile application and payments technology designed to simplify bill payment for consumers. Founded by Jason Meltzer and Patrick Kann in 2016, Papaya has now raised a total of $65.1M in total equity funding and is backed by 01 Advisors, Acrew Capital, Bessemer Venture Partners, F-Prime Capital, Fika Ventures, Mucker Capital, Sequoia Capital, and Sound Ventures.

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ROKT

$325.0M – Series E

New York-based Rokt is an ecommerce marketing technology that gives customers a personalized and relevant experience while buying online. Founded by Ben Voltz, Bruce Buchanan, and Justin Viles in 2012, ROKT has now raised a total of $487.0M in total equity funding and is backed by Pavilion Capital, Square Peg Capital, Tiger Global Management, Wellington Management, and Whale Rock Capital Management.

Sigma Computing

$300.0M – Series C

San Francisco-based Sigma Computing is a business intelligence solution providing live access to cloud data warehouses. Founded by Jason Frantz, Mike Speiser, and Rob Woollen in 2014, Sigma Computing has now raised a total of $358.0M in total equity funding and is backed by Altimeter Capital, D1 Capital Partners, Snowflake Ventures, Sutter Hill Ventures, and XN.

SnapLogic

$165.0M – Series H

San Mateo-based SnapLogic is a software company that provides a platform for enterprise cloud and big data integration. Founded by Mike Pittaro in 2006, SnapLogic has now raised a total of $371.3M in total equity funding and is backed by Sixth Street.

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Spatial

$25.0M – Series B

New York-based Spatial allows NFT creators to customize a virtual space and gather for events such as exhibitions, brand experiences, and conferences. Founded by Anand Agarawala and Jinha Lee in 2016, Spatial has now raised a total of $47.3M in total equity funding and is backed by Balaji Srinivasan, Inovia Capital, KB Investment, Korea Investment Partners, Lerer Hippeau, Maven Capital Partners, Mirae Asset Global Investments, Pine Venture Partners, and White Star Capital.

Sysdig

$350.0M – Series G

San Francisco-based Sysdig is a cloud-native visibility and security company that provides cloud and container security for enterprises and their DevOps teams. Founded by Loris Degioanni in 2013, Sysdig has now raised a total of $729.5M in total equity funding and is backed by Accel, Bain Capital Ventures, DFJ Growth, Glynn Capital Management, Goldman Sachs, Guggenheim Partners, Insight Partners, Next47, Permira, PremjiInvest, and Third Point Ventures.

ZeroAvia

$35.0M – Series B

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 $93.7M in total equity funding and is backed by Alaska Air Group, AP Ventures, Breakthrough Energy Ventures, Climate Pledge Fund, Horizons Ventures, Shell Ventures, Summa Equity, and United Airlines.

105% ROI on IT costs and free Beats? Electric can give you both. Get lightning-fast IT support, proactive security standardization, and streamlined employee on/offboarding – and a free pair of Beats Solo3 Wireless Headphones for taking a qualified meeting with us. Now that’s an offer that’s hard to beat. If you are an IT-decision maker at a US-based company with 15 – 500 employees, schedule your intro call today!

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