Daily funding roundup - April 13th, 2021
Tempo has raised $220M; Clearcover landed $200M; CeQur secured $115M; ConsenSys secured $65M
CeQur: CeQur is a Marlborough, Ma.-based maker of wearable insulin delivery devices. CeQur has raised $115 million in funding co-led by Credit Suisse Entrepreneur Capital and Endeavour Vision. Read more
Clearcover: Clearcover is a Chicago-based auto insurance startup. Clearcover has raised $200 million in Series D funding. Eldridge, the investment firm helmed by L.A. Dodgers owner Todd Boehly, led the round, joined by American Family Ventures, Cox Enterprises, and OMERS Ventures. Read more
ConsenSys: ConsenSys is a New York-based software development company at the heart of the Ethereum network. ConsenSys has raised $65 million from J.P. Morgan, Mastercard, and UBS. Read more
Degreed: Degreed is a Pleasanton, Ca.-based company that provides training and career development programs. Degreed has raised $153 million in Series D funding co-led by Sapphire Ventures and Riverwood Capital at a post-money valuation of $1.4 billion. Dan Levin, a former COO of Box, is also taking over as CEO while longtime CEO Chris McCarthy steps down to "take care of a chronic back issue," per the company. Read more
GumGum: GumGum is a Santa Monica, Ca.-based contextual advertising firm. GumGum has raised $75 million from Goldman Sachs Growth. The round brings the company's total funding to $122 million. Read more
Hazel Technologies: Hazel Technologies is a Chicago-based agtech company focused on food waste. Hazel Technologies has raised $70 million in Series C funding co-led by Pontifax Global Food, Agriculture Technology Fund, and Temasek. Read more
HomeX: HomeX is a Chicago-based home services platform that connects homeowners with technicians virtually before sending someone in for repairs. HomeX has raised $90 million in funding led by New Mountain Capital. Read more
Papa: Papa is a Miami-based platform that offers care and companionship to seniors. Papa has raised $60 million in Series C funding led by Tiger Global Management. The outfit had closed its Series B round last September with $18 million led by Comcast Ventures. Read more
Repertoire Immune Medicines: Repertoire Immune Medicines is a Cambridge, Ma.-based biotech company focused on cancer, immune disorders, and infectious disease. Repertoire Immune Medicines has raised $189 million in Series B funding, including from Flagship Pioneering, Softbank Vision Fund 2, the Public Sector Pension Investment Board (PSP Investments), the Alaska Permanent Fund, and Invus. Read more
SambaNova Systems: SambaNova Systems is a Palo Alto, Ca.-based startup that makes semiconductors for artificial intelligence related computation work. SambaNova Systems has raised $676 million in Series D funding. SoftBank Vision Fund 2 led the round, joined by Temasek and GIC. Read more
Tempo: Tempo is a San Francisco-based smart home fitness system that promises to track users' motion and improve their form. Tempo has raised $220 million in Series C funding. SoftBank Vision Fund 2 led the round, joined by STEADFAST Capital Ventures, DCM, General Catalyst, Norwest Venture Partners, and Bling Capital. Read more
Hatch: Hatch is a San Francisco-based digital bank focused on small and mid-size businesses. Hatch has raised $20 million in funding from investors like Kleiner Perkins, Foundation Capital, Silicon Valley Bank and Plaid founders William Hockey and Zack Perret. Read more
Meroxa: Meroxa is a San Francisco-based startup that says it enables its users to build real time data infrastructure quickly regardless of expertise. Meroxa has raised $15 million in Series A funding led by Drive Capital, with participation from earlier backers Root, Amplify, and Hustle Fund. Read more
Tend: Tend is a New York-based chain of membership-only dental "studios,".Tend has raised $125 million in Series C funding led by Addition, with participation from earlier backers GV, Juxtapose, Redpoint Ventures and Zigg 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.
Kristin Karaoglu
Woman of many skills: Database System Engineer; SplashX event producer; Author of Startup Teams
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