Daily funding roundup - January 13th, 2021
Brace raised $15.7; Bryte secured $24M; Dynamics landed $60M; Webflow secured $140M
Blend: Blend is a San Francisco-based digital lending platform. Blend has raised $300 million in Series G funding, including from Tiger Global Management and Coatue, at a post-money valuation of $3.3 billion. Read more
Openbase: Openbase is a San Francisco-based startup that helps developers choose among millions of open-source packages. Openbase has raised $3.65 million in seed funding led by Zeev Ventures, with participation from Y Combinator and 20 individual tech industry investors. Read more
Outer: Outer is a Santa Monica, Ca.–based direct-to-consumer outdoor furniture brand. Outer has raised $10.5 million in Series A funding led by Sequoia Capital China. with participation from the founders of Harry’s, and the electronic DJ duo Alex Pall and Drew Taggart of The Chainsmokers, among others. Read more
Brace: Brace is a L.A.-based digital mortgage servicing platform founded by a former venture capitalist, Eric Rachmel. Brace has raised $15.7 million in Series B funding. Canvas Ventures led the round, joined by earlier backers Point72 Ventures and Crosslink Capital. Read more
Tradeswell: Tradeswell is a Baltimore, Md.-based startup that aims to help e-commerce brands with their marketing, retail, inventory, logistics, forecasting, lifetime value and financials. Tradeswell has raised $15.5 million in Series A funding led by SignalFire, with participation from Construct Capital, Allen & Company and The Emerson Group. Read more
NeuroFlow: NeuroFlow is s a digital health platform provider for enabling behavioral health access and engagement. NeuroFlow has raised $20 million Series B funding. The round led was by Magellan Health, along with a syndicate including previous investors. Read more
Bryte: Bryte is an AI-powered restorative sleep technology. Bryte announced $24M in Series A funding led by ARCHina Capital. Additional investors include John Warnock, co-founder of Adobe and Dave Mooring, former President of Rambus. Read more
Air Protein: Air Protein is a Berkeley, Ca.-based startup that develops protein-enriched food via microbes rather than plants or animals. Air Protei has raised $32 million in Series A funding from ADM Ventures, GV, Barclays and Unreasonable Collective. Read more
Everactive: Everactive is a Santa Clara, Ca.-based maker of wireless industrial Internet of Things devices. Everactive has raised $35 million led by Fluke Corporation. Read more
Iziwork: iziwork is a Paris, France-based temporary employment marketplace. iziwork has raised $43 million in new funding from Cathay Innovation and Bpifrance. Read more
Impulse Dynamics: Impulse Dynamics is a Marlton, N.J.-based company that makes an FDA-approved implantable device for treating chronic heart failure. Impulse Dynamics has raised $60 million in new Series D funding from CR-CCT Industry Pilot Fund, Redmile Group and Perceptive Advisors. More here.
Webflow: Webflow is an old, San Francisco-based no-code website development platform. Webflow has raised $140 million in Series B funding co-led by earlier backers Accel and Silversmith Capital Partners. The company is now valued at $2.1 billion. Read more
MX: MX is a Lehi, Ut.-based company whose tech aims to make financial transactions clearer and payment processing easier. MX has raised $300 million in Series C funding. TPG Growth led the round, joined by CapitalG, Geodesic Capital, Greycroft, Canapi Ventures, Digital Garage, Point72 Ventures, Pelion Venture Partners and Regions Financial Corp. Read more
Rapyd: Rapyd is a London-based company that sells an API-based fintech-as-a-service platform covering payments, banking services, and fraud protection. Rapyd has raised $300 million in new funding led by Coatue. Other participants include Spark Capital, Avid Ventures, FJ Labs and Latitude, along with earlier investors General Catalyst, Oak FT, Tiger Global, Target Global, Durable Capital, Tal Capital and Entrée Capital. 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.
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Kristin Karaoglu
Woman of many skills: Database System Engineer; SplashX event producer; Author of Startup Teams
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