The Weekly Notable Startup Funding Report: 3/14/22

100ms

$20.0M – Series A

Fremont-based 100ms is a live-video infrastructure startup that allows developers to build and deploy enterprise-class video applications in hours. Founded by Aniket Behera, Kshitij Gupta, and Sarvesh Dwivedi in 2020, 100ms has now raised a total of $24.5M in total equity funding and is backed by Accel, Alpha Wave Incubation, LocalGlobe, Matrix Partners India, and STRIVE.

Acorns

$300.0M – Series F

Irvine-based Acorns is a finance company that allows individuals to round up purchases and automatically invest the change. Founded by Jason Martell, Jeff Cruttenden, Jennifer Barrett, Mark Dru, and Walter Cruttenden in 2012, Acorns has now raised a total of $507.0M in total equity funding and is backed by Bain Capital Ventures, BlackRock, Galaxy Digital, Greycroft, Headline, Industry Ventures, Khaira Capital, Owl Rock Capital, Senator Investment Group, Thirty Five Ventures, Torch Capital, and TPG.

AiFi

$65.0M – Series B

Santa Clara-based AiFi enables reliable, cost-effective, and contactless autonomous shopping with AI-powered computer vision technology. Founded by Steve Gu and Ying Zheng in 2016, AiFi has now raised a total of $97.0M in total equity funding and is backed by ALDI, Cervin Ventures, Communitas Asset Management, CVC Capital Partners, DRIVE Catalyst, Duke Angel Network, Evolution, GS Futures, HP Tech Ventures, Mithril Capital Management, Next Play Capital, Neythri Futures Fund, Plum Alley Investments, Qualcomm Ventures, Reaction Fund, Rewe Group, SeaX Ventures, Translink Capital, Verizon Ventures, and Zabka Polska.

AngelList

$100.0M – Series B

San Francisco-based AngelList is a U.S. website for startups, angel investors, and job-seekers looking to work at startups. Founded by Babak Nivi and Naval Ravikant in 2010, AngelList has now raised a total of $126.2M in total equity funding and is backed by Accomplice and Tiger Global Management.

The AlleyWatch audience is driving progress and innovation on a global scale. There are a number of options to reach this audience of the world’s most innovative organizations and startups at scale including strategic brand placement, lead generation, and thought leadership in front of an audience that comprises the vast majority of key decision-makers in the NYC business community and beyond. Learn more about advertising to NYC Tech, at scale.

AutoFi

$85.0M – Venture

San Francisco-based AutoFi is a commerce platform delivering point of sale solution for financing a vehicle online. Founded by Jonathan Palan, Kevin Singerman, and Mandar Gokhale in 2015, AutoFi has now raised a total of $114.5M in total equity funding and is backed by Crosslink Capital, Santander US, and SVB Financial Group.

New York-based Axonius is an asset inventory management platform that focuses on cybersecurity solutions and policies. Founded by Avidor Bartov, Dean Sysman, and Ofri Shur in 2017, Axonius has now raised a total of $395.0M in total equity funding and is backed by Accel, Alkeon Capital, Alta Park Capital, Bessemer Venture Partners, DTCP, ICONIQ Growth, Khaira Capital, Lightspeed Venture Partners, Owl Rock Capital, Silver Lake Waterman, and Stripes. AlleyWatch broke the news in an exclusive covering the round and much more – Axonius Nabs Another $200M at a $2.6B Valuation

Birdeye

$60.0M – Series C

Palo Alto-based Birdeye is an all-in-one Experience Marketing platform for multi-location businesses. Founded by Naveen Gupta and Neeraj Gupta in 2012, Birdeye has now raised a total of $93.0M in total equity funding and is backed by Accel-KKR.

Branch

$75.0M – Series C

Minneapolis-based Branch helps businesses offer accelerated pay and digital wallets to empower their workers. Founded by Atif Siddiqi in 2015, Branch has now raised a total of $133.1M in total equity funding and is backed by Addition, Crosscut Ventures, Drive Capital, General Atlantic, and Indeed.

Capchase

$80.0M – Series B

New York-based Capchase is a fintech company that provides financial solutions to startups by allowing access to funds as they grow. Founded by Ignacio Moreno Pubul, Luis Basagoiti, Miguel Fernandez, and Przemek Gotfryd in 2020, Capchase has now raised a total of $489.6M in total equity funding and is backed by 01 Advisors, Bling Capital, Caffeinated Capital, Gaingels, Invesco, QED Investors, SciFi VC, Thomvest Ventures, and Tusk Venture Partners.

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Diamond Age

$50.0M – Series A

Fremont-based Diamond Age offers robotic construction technology that is intended to address construction labor shortages. Founded by Jack Oslan and Russell Varone in 2018, Diamond Age has now raised a total of $58.0M in total equity funding and is backed by Alpaca VC, Dolby Family Ventures, Gaingels, Prime Movers Lab, and Timber Grove Ventures.

DNAnexus

$200.0M – Series H

Mountain View-based DNAnexus develops a cloud platform and global network designed for scientific collaboration and accelerated discovery. Founded by Andreas Sundquist, Arend Sidow, and Serafim Batzoglou in 2009, DNAnexus has now raised a total of $472.6M in total equity funding and is backed by Blackstone Accelerates Growth, Foresite Capital, GV, Innovatus Capital Partners, Northpond Ventures, and Perceptive Advisors.

Gravie

$75.0M – Series E

Minneapolis-based Gravie specializes in the fields of health insurance, health care, and employer benefits. Founded by Abir Sen, Jill Prevost, and Marek Ciolko in 2013, Gravie has now raised a total of $147.1M in total equity funding and is backed by AXA Venture Partners, FirstMark, Georgian, Revelation Partners, and Split Rock Partners.

Health Gorilla

$50.0M – Series C

Palo Alto-based Health Gorilla provides permitted access to longitudinal health data for digital health, providers, payers, customers, and patients. Founded by Andrei Zudin, Sergio Wagner, and Steve Yaskin in 2014, Health Gorilla has now raised a total of $77.7M in total equity funding and is backed by Epsilon Health Investors, IA Capital Group, Nationwide Ventures, and SignalFire.

The AlleyWatch audience is driving progress and innovation on a global scale. There are a number of options to reach this audience of the world’s most innovative organizations and startups at scale including strategic brand placement, lead generation, and thought leadership in front of an audience that comprises the vast majority of key decision-makers in the NYC business community and beyond. Learn more about advertising to NYC Tech, at scale.

Hiver

$22.0M – Series B

Palo Alto-based Hiver is an email collaboration platform that helps teams deliver fast and empathetic customer service. Founded by Niraj Ranjan Rout and Nitesh Nandy in 2011, Hiver has now raised a total of $26.0M in total equity funding and is backed by AngelList India, K1 Investment Management, Kae Capital, and Kalaari Capital.

Nice Healthcare

$30.0M – Series A

Minneapolis-based Nice Healthcare provides subscription-based healthcare services to deliver online medical facilities to patients. Founded by Allison Santos, Genevieve Swenson, FNP-C, and Thompson Aderinkomi in 2017, Nice Healthcare has now raised a total of $36.1M in total equity funding and is backed by Brown Venture Group, Conductive Ventures, Daren Cotter, DNA Capital, Eddie Cisneros, F.R. Bigelow Foundation, Santa Barbara Venture Partners, and Waterline Ventures.

Roofstock

$240.0M – Series E

Oakland-based Roofstock is an online marketplace for investing in leased single-family rental homes. Founded by Devin Wade, Gary Beasley, Gregor Watson, and Rich Ford in 2015, Roofstock has now raised a total of $365.3M in total equity funding and is backed by 7 Global Capital, Bain Capital Ventures, Canvas Ventures, CAZ Investments, Citi Ventures, DoorDash, Empede Capital, Expanding Capital, First American, JLL Spark, Khosla Ventures, Lightspeed Venture Partners, Masco Ventures, Moving Capital, Newton Investment Management, Pegasus Tech Ventures, SoftBank Vision Fund, SVB Capital, and The Private Shares Fund.

Selfbook

$15.0M – Series A

New York-based Selfbook develops a payment platform that enables seamless booking flow, merchandising, and one-click payments for hotels. Founded by Ilyas Djeddou and Khalid Meniri in 2018, Selfbook has now raised a total of $43.0M in total equity funding and is backed by JAWS Estates Capital and Tiger Global Management.

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Slingshot Aerospace

$25.0M – Series A

Austin-based Slingshot Aerospace offers innovative satellite, aerial, and drone signal processing AI and analytics capabilities. Founded by David Godwin, Melanie Stricklan, and Thomas Ashman in 2016, Slingshot Aerospace has now raised a total of $42.9M in total equity funding and is backed by ATX Venture Partners, Draper Associates, Edison Partners, Embedded Ventures, Lockheed Martin Ventures, Okapi Venture Capital, Revolution’s Rise of the Rest Seed Fund, and Valor Equity Partners.

SmithRx

$20.0M – Series B

San Francisco-based SmithRx is a pharmacy benefits partner built on a modern technology platform that aligns incentives and harnesses data analytics. Founded by Jake Frenz in 2016, SmithRx has now raised a total of $37.5M in total equity funding and is backed by Founders Fund and Venrock.

Stax

$245.0M – Series D

Orlando-based Stax is a direct-cost, integrated payment technology provider dedicated to simplify the payment experience for all businesses. Founded by Jacques Fu, Salman Rehmetullah, and Suneera Madhani in 2014, Stax has now raised a total of $263.3M in total equity funding and is backed by Blue Star Innovation Partners, Greater Sum Ventures, and HarbourVest Partners.

Topsort

$8.0M – Seed

Palo Alto-based Topsort is an auction engine for multi-brand retailers and online marketplaces. Founded by Francisco Larrain, Michael Ostrovsky, and Regina Ye in 2021, Topsort is backed by Akhil Paul, Comma Ventures, FJ Labs, Lydia Jett, Micky Malka, Pear VC, and Quiet Capital.

The AlleyWatch audience is driving progress and innovation on a global scale. There are a number of options to reach this audience of the world’s most innovative organizations and startups at scale including strategic brand placement, lead generation, and thought leadership in front of an audience that comprises the vast majority of key decision-makers in the NYC business community and beyond. Learn more about advertising to NYC Tech, at scale.