Daily funding roundup - January 5th, 2021
Blue Wire raised $5M; Emboline landed $10M; PostHog secured $12M; Citizen pickes up $73M
Care Package Direct: Care Package Direct was founded during the pandemic with the intent to make health and safety surveillance and supplies as simple as possible for companies. Care Package Direct announced the closing of $200,000 in seed funding led by Secure Personal Care Products LLC, a leading PPE manufacturer. Read more
NextStep: NextStep is a Bozeman, Mt.-based health care education and job placement company. NextStep has raised $2.5 million in funding from ZOMA Capital, the ETF@JFFlabs impact fund and earlier backers Springrock Ventures and JAZZ Venture Partners. Read more
Blue Wire: Blue Wire is a San Francisco-based sports podcast company. Blue Wire has raised $5 million in Series A round led by earlier investor Dot Capital, with participation from Bettor Capital, Side Door Ventures and Forty5 Ventures. Read more
Kyte: Kyte is a San Francisco-based tech platform connecting professional fleet owners with rental customers. Kyte has raised $9 million from investors including DN Capital and Amplo VC. Read more
Emboline: Emboline is a Santa Cruz, Ca.-based med-tech company focused on reducing strokes during transcatheter heart procedures. Emboline has raised more than $10 million in Series C funding from unnamed new and earlier backers, says the company. Read more
PostHog: PostHog is a San Francisco-based open source product analytics company that passed through YC last year. PostHog has raised $12 million in Series A funding led by GV, with participation from Y Combinator’s Continuity Fund, along with numerous individual investors, including GitHub CTO Jason Warner and Docker founder Solomon Hykes. Read more
Chronosphere: Chronosphere is a New York-based cloud monitoring platform. Chronosphere has raised $43.4 million in Series B funding led by earlier investors Greylock, Lux Capital and venture capitalist Lee Fixel, with participation from new backer General Atlantic. Read more
Immuneering: Immuneering is a Cambridge, Ma.-based cancer drug developer. Immuneering has raised $62 million in Series B funding led by Cormorant Asset Management. Other participants in the round include Surveyor Capital, Rock Springs Capital, T. Rowe Price, BlackRock, Perceptive Advisors and Lyfe Capital. Read more
Echelon Fitness: Echelon Fitness is a Chattanooga, Tn.-based connected fitness company. Echelon Fitness has raised $65 million in funding led by Goldman Sachs Growth, with participation from earlier backer North Castle Partners. Read more
Citizen: Citizen is a New York-based mobile app that provides users with notifications of nearby emergencies and crimes. Citizen has raised around $73 million led by Greycroft per a new SEC filing flagged by Axios. Read more
IconOVir Bio: IconOVir Bio is a San Diego-based developer of oncolytic virus therapies. IconOVir Bio has raised $77 million in Series A funding. Nextech and Vida Ventures co-led the round, joined by Two River Group, Bellco Capital, Polaris Partners, GV, Wellington Partners and Logos Capital. Read more
Aro Biotherapeutics: Aro Biotherapeutics is a Philadelphia, Pa.-based developer of tissue-targeted genetic medicines, has raised $88 million in Series A funding led by Northpond Ventures and Cowen Healthcare Investments. Other investors in the round include HealthCap, BVF Partners, Ridgeback Capital and earlier backers Johnson & Johnson, BioMotiv and Ionis Pharmaceuticals. Read more
SimpleNexus: SimpleNexus is a Lehi, Utah-based home ownership platform. SimpleNexus has raised $108 million in Series B funding led by Insight Partners. Read more
Fluence: Fluence is an Arlington, Va.-based global battery storage joint venture of Siemens AG and AES Corp. Fluence has sold a 12% stake in its business to the Qatar Investment Authority for $125 million. Read more
Iboss: Iboss is a Boston-based cloud delivered network security company. Iboss has raised $145 million co-led by NightDragon and Francisco Partners. Read more
BayoTech: BayoTech is an Albuquerque, N.M.-based producer of on-site hydrogen for agriculture, fuel cells, and energy industries. BayoTech has raised $157 million in funding led by Newlight Partners. It was joined by Fortistar and earlier backers Cottonwood Technology Funds and Sun Mountain Capital. Read more
Hinge Health: Hinge Health is a San Francisco-based startup that sells virtual physical therapy sessions for customers with back and joint pain. Hinge Health has raised $310 million in Series D funding led by Coatue Management and Tiger Global Management. Read more
If you are interested in being included in our funding roundup, submit your press release or blog post about your financing round to kristin@vator.tv. If you want a longer write-up, please do give us a couple of days heads up. If you'd like to be included in our Today's Entrepreneur column, please send me your Vator profile.
Image by David Mark from Pixabay
Kristin Karaoglu
Woman of many skills: Database System Engineer; SplashX event producer; Author of Startup Teams
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