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Home Startups & Leaders

The Weekly Notable Startup Funding Report: 2/7/22

New York Tech Editorial Team by New York Tech Editorial Team
February 6, 2022
in Startups & Leaders
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The Weekly Notable Startup Funding Report: 2/7/22
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Jellyfish

$71.0M – Series C

Boston-based Jellyfish is an engineering management platform that enables 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 $114.5M in total equity funding and is backed by Accel, Insight Partners, Tiger Global Management, and Wing Venture Capital.

Cart.com

$240.0M – Venture

Austin-based Cart.com is an e-commerce-as-a-service platform designed to help brands accelerate online growth. Founded by Jim Jacobsen and Omair Tariq in 2020, Cart.com has now raised a total of $383.0M in total equity funding and is backed by Citi Ventures, Legacy Knight, and Visa.

Chargebee

$250.0M – Series H

San Francisco-based Chargebee provides subscription and recurring billing systems for SaaS and e-commerce businesses. Founded by KP Saravanan, Krish Subramanian, Rajaraman Santhanam, and Thiyagarajan Thiyagu in 2011, Chargebee has now raised a total of $468.2M in total equity funding and is backed by Insight Partners, Sapphire, Sequoia Capital India, Steadview Capital, and Tiger Global Management.

NowRx is disrupting the $480B retail pharmacy industry with unheard of personalized service and free same-day pharmacy delivery.

The company uses its “QuickFill” proprietary pharmacy software and robotics to automate prescription dispensing and reduce common service failures that result in bad experiences for customers (insurance errors, out-of-stock, etc.).

Oh, and they operate at a fraction of the cost of major retail chains – talk about efficiency!

In 2020, the company saw revenue jump 90% YoY and this year they’re on pace to surpass more than $22M in revenue. With their newest telehealth product growing 73% MoM and a share price that has increased by 1,650% since 2016 Ð this is an investment you don’t want to miss out on.

Cruise

$1.4B – Venture

San Francisco-based Cruise builds self-driving vehicles that safely connect people to places, things, and experiences they care about. Founded by Daniel Kan, Jeremy Guillory, and Kyle Vogt in 2013, Cruise has now raised a total of $8.0B in total equity funding and is backed by SoftBank Vision Fund.

Inspectorio

$50.0M – Series B

Minneapolis-based Inspectorio’s SaaS solution improves quality, compliance and on-time delivery with actionable insights and data-driven collaboration. Founded by Carlos Moncayo Castillo, David Klein, Fernando Moncayo Castillo, and Luis Moncayo Castillo in 2016, Inspectorio has now raised a total of $63.8M in total equity funding and is backed by Ecolab, Flexport Ventures, Insight Partners, Matchstick Ventures, and Techstars Ventures.

Mos

$40.0M – Series B

San Francisco-based Mos offers financial solutions that feature checking accounts, debit cards, and access to financial aid advisors designed for students. Founded by Amira Yahyaoui in 2017, Mos has now raised a total of $57.3M in total equity funding and is backed by Emerson Collective, Expa, Khaled Helioui, Lux Capital, Sequoia Capital, and Tiger Global Management.

Platform Science

$115.0M – Series C

San Diego-based Platform Science develops a platform for on-vehicle mobile applications that offers fleet management software solutions. Founded by Jack Kennedy and Jake Fields in 2015, Platform Science has now raised a total of $183.0M in total equity funding and is backed by 8VC, Chimera Investment, Daimler Trucks North America, Four More Capital, Next Play Capital, Prologis Ventures, and SoftBank Vision Fund.

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Productboard

$125.0M – Series D

San Francisco-based Productboard is a product management system that helps organizations get the right products to market faster. Founded by Daniel Hejl and Hubert Palan in 2014, Productboard has now raised a total of $261.3M in total equity funding and is backed by Bessemer Venture Partners, Credo Ventures, Dragoneer Investment Group, Index Ventures, Kleiner Perkins, Sequoia Capital, and Tiger Global Management.

RudderStack

$56.0M – Series B

San Francisco-based RudderStack provides a customer data infrastructure solution for developers, data analysts, and product teams. Founded by Shvetank Jain and Soumyadeb Mitra in 2019, RudderStack has now raised a total of $82.0M in total equity funding and is backed by Insight Partners, Kleiner Perkins, and S28 Capital.

MNTN

$119.0M – Series D

Culver City-based MNTN provides advertising software for direct marketers, agencies, and brands of all sizes. Founded by Brooke Partelow and Mark Douglas in 2009, MNTN has now raised a total of $183.8M in total equity funding and is backed by BlackRock and Fidelity Management and Research Company.

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Superpedestrian

$125.0M – Series C

Cambridge-based Superpedestrian is a venture-backed robotics company that develops lightweight electric vehicles with integrated online platforms. Founded by Assaf Biderman in 2013, Superpedestrian has now raised a total of $261.7M in total equity funding and is backed by Antara Capital, Citi, FM Capital, General Catalyst, Jefferies, Sony Innovation Fund, and Spark Capital.

Metafy

$25.0M – Series A

Los Angeles-based Metafy is an online coaching platform that enables video gamers to monetize their talent through coaching and courses. Founded by Josh Fabian in 2020, Metafy has now raised a total of $51.6M in total equity funding and is backed by cody ko, Devon Townsend, Jeffrey Wilke, Lachlan Power, Naval Ravikant, Seven Seven Six, Steven Galanis, and Tiger Global Management.

Zero Grocery

$11.8M – Seed

Berkeley-based Zero Grocery provides a convenient zero-waste grocery delivery service. Founded by Zuleyka Strasner in 2019, Zero Grocery has now raised a total of $14.9M in total equity funding and is backed by Sway Ventures.

NowRx is disrupting the $480B retail pharmacy industry with unheard of personalized service and free same-day pharmacy delivery. The company uses its “QuickFill” proprietary pharmacy software and robotics to automate prescription dispensing and reduce common service failures that result in bad experiences for customers (insurance errors, out-of-stock, etc.). Oh, and they operate at a fraction of the cost of major retail chains – talk about efficiency! In 2020, the company saw revenue jump 90% YoY and this year they’re on pace to surpass more than $22M in revenue. With their newest telehealth product growing 73% MoM and a share price that has increased by 1,650% since 2016 – this is an investment you don’t want to miss out on. Get in on this rapidly growing startup and learn how you can invest today

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New York Tech Media is a leading news publication that aims to provide the latest tech news, fintech, AI & robotics, cybersecurity, startups & leaders, venture capital, and much more!

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