Daily funding roundup - August 26th, 2021

Kristin Karaoglu · August 27, 2021 · Short URL: https://vator.tv/n/52f6

Picsart has raised $130M; Neurogastrx landed $60M; Recuro Health secured $15M

Picsart: Picsart is a San Francisco-based popular design and editing app. Picsart has raised $130 million in Series C funding led by Softbank Vision Fund 2. Other participants in the round include a mix of new and earlier backers, including GSquared, Tribe Capital, Sequoia Capital, DCM, Graph, and Siguler Guff. Read more 

DealerPolicy: DealerPolicy is a Colchester, Vt.-based digital insurance marketplace for auto retail. DealerPolicy has raised $110 million in Series C funding. Goldman Sachs Asset Management led the round, joined by 3L Capital and Hudson Structured Capital Management.  Read more 

Neurogastrx: Neurogastrx is a Woburn, Ma.-based biotech that has developed a  late-stage acid reflux drug and another mid-stage gastrointestinal treatment. Neurogastrx just raised $60 million in Series B funding. Vivo Capital led the round, joined by Samsara, Marshall Wace, RTW and earlier backers 5AM Ventures, venBio and OrbiMed Advisors. Read more

Aumni: Aumni is a Salt Lake City, Ut.-based investment analytics platform for private markets. Aumni has raised $50 million in Series B funding. JPMorgan led the round, joined by Pelion Venture Partners, WndrCo, Citadel Securities, Invesco Private Capital, Vanderbilt University, Kera Capital and earlier investors SVB Financial, DLA Piper, Next Frontier Capital, Kickstart Fund, First Trust Capital Partners and Mercato Partners. Read more 

Oomnitza: Oomnitza is a San Francisco-based company whose software helps enterprises manage their other software. Oomnitza raised $20 million. C5 Capital led the round, joined by Aspenwood Ventures (formerly known as Hummer Winblad), Gula Tech Adventures, Riverside Acceleration Capital, and earlier backer Shasta Ventures. Read more 

Involve.ai: Involve.aı is a Santa Monica, Ca.-based customer analysis platform. Involve.aı has raised $16 million in Series A funding. Sapphire Ventures led the round, joined by Bonfire Ventures, Greycroft, Launch Capital, BDMI, GTMfund, Fenwick, operator-investor Gokul Rajaram, Stanford University, and Michael Whitmire. Read more 

Recuro Health: Recuro Health is a Richardson, Tex.-based digital holistic health platform. Recuro Health has raised $15 million in Series A funding. Arch Venture Partners led the round, joined by earlier backers OLSF Ventures, Cortado Ventures, 1843 Capital and Sage Venture Partners. 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 Johnson Martin from Pixabay 

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Kristin Karaoglu

Woman of many skills: Database System Engineer; SplashX event producer; Author of Startup Teams

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