Daily funding roundup - June 24th, 2021
Figma raised $200M; SmartAsset landed $110M; ShipHero secured $50M; Lessen picks up $35M
Illumio: Illumio is a Sunnyvale, Ca.-based cybersecurity company. Illumio has raised $225 million in Series F funding led by Thoma Bravo, with participation from Franklin Templeton, Hamilton Lane, and Owl Rock. Read more
Figma: Figma is a San Francisco-based maker of product design software for businesses. Figma has raised $200 million in Series E funding. The new financing was led by Durable Capital Partners and Morgan Stanley, through its Counterpoint Global group. Read more
Firebolt: Firebolt is a Israel-based cloud data warehousing platform. Firebolt raised $127 million in Series B funding from Dawn Capital and K5 Global, along with Zeev Ventures, TLV Partners, Bessemer Venture Partners and Angular Ventures. Read more
SmartAsset: SmartAsset is a New York-based platform that produces automated personal financial advice for its users. SmartAsset has raised $110 million in Series D funding led by TTV Capital. Other backers in the round include Javelin Venture Partners, Contour Venture Partners, Citi Ventures, New York Life Ventures, North Bridge Venture Partners, and CMFG Ventures. Read more
JW Player: JW Player is a New York-based video software and data insights platform. JW Player has raised $100 million in Series E funding from LLR Partners. Read more
Chainalysis: Chainalysis is a New York-based blockchain data platform. Chainalysis has raised $100 million in Series E funding led by Coatue, with participation from earlier backers Benchmark, Accel, Addition, Dragoneer, Durable Capital Partners, and 9Yards Capital. Read more
ShipHero: ShipHero is a Garnerville, New York-based company that provides e-commerce software and fulfillment services through seven U.S. warehouses. ShipHero has raised $50 million in funding led by Riverwood Capital. Read more
Lessen: Lessen is a Scottsdale, Az.-based marketplace that connects property owners to a network of professionals for renovation, maintenance, and other services. Lessen has raised $35 million in Series A funding led by Fifth Wall. Read more
Atom Finance: Atom Finance is a New York-based platform that lets individuals track investments and research holdings. Atom Finance has raised $28 million in Series B funding. SoftBank Latin America Fund led the round, joined by General Catalyst and Base Partners. Read more
Electric Hydrogen: Electric Hydrogen is a San Francisco-based renewable energy startup. Electric Hydrogen raised $24 million in Series A funding. Breakthrough Energy Ventures led the round, joined by Prelude Ventures and Capricorn’s Technology Impact Fund. Read more
Rasgo Intelligence: Rasgo Intelligence is a New York-based startup developing a platform for feature store workflows. Rasgo Intelligence has raised $20 million in Series A funding led by Insight Partners, with participation from Unusual Ventures. Read more
Sealed: Sealed is a New York-based company that covers the upfront costs of professional residential upgrades like insulation, heating, and cooling, then has homeowners pay it back with energy savings. Sealed has raised $16 million in Series B funding. Fifth Wall led the round; other participants include FootPrint Coalition Ventures, co-founded by Robert Downey Jr., and earlier backers Cyrus Capital and CityRock Ventures. Read more
Graylog: Graylog is a Houston, Tex.-based maker of centralized log management software. Graylog has raised $18 million in funding co-led by Harbert Growth Partners and Piper Sandler Merchant Banking, with participation from Mercury Fund, High-Tech Gruenderfonds, and Integr8d Capital. Read more
FIGUR8Ş: FIGUR8 is a Boston-based med tech startup focused on wearable musculoskeletal technology. FIGUR8 has raised $12 million in Series A funding. Taiwania Capital led the round, joined by the MIT-affiliated E14 Fund, Phoenix Venture Partners, and P5 Health Ventures. Read more
SafeAI: SafeAI is a Milpitas, Ca.-based autonomous heavy equipment startup focused on the mining industry. SafeAI has raised $21 million in Series A funding led by Builders VC. Read more
TRIPP: TRIPP is a L.A.-based VR app that users visual and auditory experiences designed to feel like an hallucinogen trip without the hallucinogenics.TRIPP has raised $11 million in funding led by Vine Ventures and Mayfield, with participation from Integrated, among others. The company has now raised some $15 million altogether. Read more
Deduce: Deduce is a New York-based cybersecurity company. Deduce has raised $10 million in Series A funding led by Foundry Group, with participation from True Ventures. 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 Charlottees from Pixabay
Kristin Karaoglu
Woman of many skills: Database System Engineer; SplashX event producer; Author of Startup Teams
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