Daily funding roundup - April 27th, 2021
Automox raised $110M; Step landed $100M; Placer.ai secured $50M; Aleo picks up $28M
Kry: Kry is a Sweden-based tele-health service and software tools company that connects clinicians with patients for remote consultations. Kry has raised $312 million in Series D funding. The Canadian Pension Plan Investment Board co-led the newest round with Fidelity Management & Research. Earlier backers also participated, including The Ontario Teachers’ Pension Plan, Index Ventures, Accel, Creandum and Project A. Read more
Greenlight: Greenlight is an Atlanta, Ga.-based fintech company that pitches parents on kid-friendly bank accounts. Greenlight has raised $260 million in Series D funding round Andreessen Horowitz led the new financing. Wellington Management, Owl Ventures, and LionTree Partners also joined the round, along with earlier backers TTV Capital, Canapi Ventures, Wells Fargo Strategic Capital, Bond, Fin VC, and Goodwater Capital. Read more
Crusoe Energy Systems: Crusoe Energy Systems is a Denver, Co.-based flare migration startup that converts gas into energy for bitcoin mining. Crusoe Energy Systems has raised $128 million in Series B funding. Valor Equity Partners led the round, joined by Lowercarbon Capital, DRW Venture Capital, Founders Fund, Bain Capital Ventures, Coinbase Ventures, Polychain Capital, KCK Group, Upper90, Winklevoss Capital, Exor, Zigg Capital and JB Straubel. Read more
Automox: Automox is a Boulder, Co.-based cloud-native patch management platform. Automox has raised $110 million in Series C funding led by Insight Partners, with added participation from Blackstone, Koch Disruptive Technologies, and TechOperators. Read more
Clio: Clio is a Vancouver, British Columbia-based software company that helps law practices run more efficiently. Clio has raised $110 million in Series E round co-led by T. Rowe Price and OMERS Growth Equity at a post-money valuation of $1.6 billion. The investment also brings the company's total capital raised since inception to $386 million. Read more
Step: Step is a San Francisco-base digital banking service aimed at teens. Step has raised $100 million in Series C funding led by General Catalyst, with participation from earlier investors Coatue, Stripe, TikTok star Charli D’Amelio, The Chainsmokers, Will Smith and Jeffrey Katzenberg. Other investors in the round include Franklin Templeton, actor and musician Jared Leto, NBA All-Star Stephen Curry and former Square executives Sarah Friar, Jacqueline Reses and Gokul Rajaram. Read more
Placer.ai: Placer.ai is a Los Altos, Ca.-based location data analytics startup. Placer.ai has raised $50 million in Series B funding led by Product Hunt CEO Josh Buckley. Other participants included Fifth Wall Ventures, Superhuman founder Rahul Vohra and returning investors JBV Capital and Aleph VC. Read more
Plus One Robotics: Plus One Robotics is a San Antonio, Tex.-based company that's primarily focused on computer vision software for robotics in logistics and warehouse settings. Plus One Robotics has raised $33 million Series B led by McRock Capital and Translink Ventures, with added participation from BMWi Ventures, Kensington Capital Partners, Ironspring Ventures, and earlier investors. Read more
Aleo: Aleo is a San Francisco-based startup whose platform is designed support decentralized, private applications. Aleo has raised $28 million funding led by Andreessen Horowitz. Other backers in the round include Placeholder, Coinbase Ventures, Galaxy Digital, Polychain Capital, Scalar Capital, Slow Ventures, Variant Capital, and Ethereal Ventures. Read more
Honorlock: Honorlock is a Boca Raton, Fla.-based authenticated proctoring platform aimed at ensuring the integrity of test taking online. Honorlock has raised $25 million in Series B funding led by Owl Ventures, with participation from Defy Partners, Arsenal Growth and earlier backers. Read more
Sesame: Sesame is a Brooklyn, N.Y.-based a cash-pay marketplace for healthcare services. Sesame has raised $24 million in new funding, including from Giant Ventures, Industry Ventures, and Coefficient Capital, along with earlier backers General Catalyst, Entree Capital, and Atreides Management. Read more
Databook: Databook is a Palo Alto, Ca.-based customer intelligence platform that aims to drive enterprise sales productivity. Databook has raised $16 million in Series A funding. M12 and Salesforce Ventures co-led the round, joined by earlier backers Threshold Ventures, Haystack and Firebolt. Read more
LiquiGlide: LiquiGlide is a Cambridge, Ma.-based company that says its tech eliminates friction between liquids and solids to allow liquids to flow with ease. LiquiGlide has raised $13.5 million funding, including from Structure Capital and Scientia Ventures. Read more
Veryfi: Veryfi is a San Mateo, Ca.-based data accounting automation platform. Veryfi has raised $12 million in Series A funding. NewView Capital led the round, joined by TI Platform Management and Act One Ventures. Read more
FlavorCloud: FlavorCloud is a Seattle-based startup that helps e-commerce companies ship products around the globe. FlavorCloud raised $6.3 million in Series A funding led by Mucker Capital. Other investors include Rise of the Rest and Willow Group. Read more
Instreamatic: Instreamatic is a Palo Alto, Ca.-based company that can insert interactive voice ads into an audio stream. Instreamatic has raised $6.1 million in Series A funding led by Progress Ventures, with participation from Accomplice and Google Assistant Investments. Read more
Weav: Weav is a New York-based maker of an API for commerce platforms. Weav has raised $4.3 million. Foundation Capital led the round, joined by Y Combinator, Abstract Ventures, Box Group, LocalGlobe, Operator Partners, Commerce Ventures, and SV Angel. Read more
Toucan: Toucan is a Santa Monica, Ca.-based startup whose Chrome browser extension scans the text of any English-language website and automatically translates some of the words into another language. Toucan has raised $3 million in seed funding led by GSV Ventures, with participation from Amplifyher Ventures, Wonder Ventures, Golden Ventures, Halogen Ventures, Vitalize Ventures and unnamed individual investors. 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 Daniel Friesenecker from Pixabay
Kristin Karaoglu
Woman of many skills: Database System Engineer; SplashX event producer; Author of Startup Teams
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