Digital health news, funding roundup in the prior week; December 06, 2021
Harrison.ai raised $92.3 million USD, Droplette secured $15.4M,
Read more...HeyTutor: HeyTutor is a platform allowing students, tutors and agencies to connect. HeyTutor has raised $1 million in Series A funding from ScOp Venture Capital. Read more
Zestful: Zesfuk enables employers to offer customizable employee perk programs. Zesful has raised $1.1 million in funding, including from Bessemer Venture Partners, Day One Ventures, Matchstick Ventures, and Shrug Capital. Read more
Oxygen: Oxygen is a digital bank, focused on freelancers and the gig-economy at large offering banking and credit. Oxygen has raised $2.3 million in funding, including from Y Combinator, Base Ventures, and The House Fund, among others. Read more
Packback: Packback is a Q&A learning platform powered by a proprietary A.I. to quantify and improve critical thinking skills in college students. Packback has raised $2.5 million in funding led by University Ventures, with participation from Hyde Park Angels. Read more
Perfuze: Perfuze is developing innovative medical technology to treat acute ischemic stroke. Perfuze has raised €3 million in seed funding led by Earlybird Ventures. Read more
LoanSnap: LoanSnap is a developer of smart loan technology that uses artificial intelligence. LoanSnap has raised $4.7 million in funding, including from Thomvest Ventures. Read more
Returnly: Returnly is a post-purchase payments platform that helps online retailers and brands bring frictionless returns to the modern shopper. Returnly has raised $8 million in Series A funding co-led by Mundi Ventures and The Venture City, with participation from Novel TMT Ventures and CoVenture. Read more
Filevine: Filevine is a cloud-based project, team and client management app for legal professionals and firms. Filevine has raised $8.3 million in Series A funding led by Signal Peak Ventures. Read more
Lively: Lively develops hearing aids. Lively has raised $16 million in Series A funding led by Declaration Capital, with participation from Tiger Global Management, among others. Read more MobiHealthNews has more here.
Marley Spoon: Marley Spoon is a cooking platform that offers recipes, helps its customers order seasonal ingredients. Marley Spoon has raised $30 million in debt funding to support its growth until it starts to break even, which it expects will happen next year. The company says it has also raised $15.95 million in bridge loans from two funds affiliated with Union Square Ventures and a separate €2 million from two minority shareholders. Read more
Simplus: Simplus is a Platinum Salesforce Partner and the industry leader in Quote-to-Cash implementations. Simplus has raised $20 million in Series C funding.Kensington – SV Global Innovations led the round, with participation from Savano Capital Partners, Salesforce Ventures, Cross Creek Advisors, EPIC Ventures and University Growth Fund. Read more
Fortanix: Fortanix's mission is to solve cloud security and privacy. It uses Runtime Encryption(R) build upon Intel SGX to keep data always encrypted. Fortanix has raised $23 million in Series B funding led by Intel Capital, with participation from Foundation Capital and Neotribe. Read more
Verbit: Verbit is a transcription and captioning software. Verbit has raised $23 million in Series A funding led by Viola Ventures, with participation from Vertex Ventures, HV Ventures, Oryzn Capital, Vintage Venture Partners and Clal-Tech. Read more
Mimiro: Mimiro, formerly ComplyAdvantage, helps firms make intelligent risk decisions, faster. Mimiro has raised $30 million in Series B funding led by Index Ventures, with participation from others, including Balderton Capital. Read more
Epic: Epic is a leading digital media brand for kids. Epic has raised $30 million led by Evolution Media. Read more EdSurge has more here.
Pliops: Pliops enables cloud and enterprise data center to access data faster than has traditionally been possible. Pliops has raised $30 million in Series B funding. Softbank Ventures Asia led the round, and was joined by Intel Capital, State of Mind Ventures, Viola Ventures, Western Digital Capital and Xilinx. Read more
Socati: Socati is the leading processor of THC-free full-spectrum hemp. Socati has raised $33 million from JJR Private Capital. Read more
Madison Reed: Madison Reed is a beauty company revolutionizing the way women color their hair. Madison Reed has raised $51 million in Series D funding co-led by Norwest Venture Partnersand earlier backer True Partners, with participation from earlier investor Comcast Ventures and new backer Meaningful Partners. Read more
MabPlex: MabPlex is a contract development and manufacturing organization for biopharma based in China's Shandong Province. MabPlex has raised $59 million in Series A funding co-led by SDIC and Shenzhen VC. Read more
Dewpoint Therapeutics: Dewpoint Therapeutics is a translating new insights into biomolecular condensates. Dewpoint Therapeutics has raised $60 million in Series A funding led by Polaris Partners. Other investors in the round include Samsara BioCapital, 6 Dimensions Capital, EcoR1 Capital, Alexandria Venture Investments andLeaps by Bayer. Read more
FabFitFun: FabFitFun is a membership and subscription commerce company. FabFitFun raised $80 million in Series A funding led by Kleiner Perkins in one of the last deals from its late-stage growth fund, which it spun off last fall. Other participants in the deal include NEA and Upfront Ventures. Read more
Kinestral Technologies: Kinestral Technologies is developing adaptive, dynamic glass for the commercial, residential, and automotive markets. Kinestral Technologies has raised more than $100 million in Series D funding. The South Korean conglomerate SK Holdings led the round; other investors to participate include 5AM Ventures,Alexandria Real Estate, Capricorn Investment Group and Versant Ventures. Read more
Clover Health: Clover Health is reinventing the health insurance model by integrating technology into every aspect of its members’ healthcare. Clover Health has raised $500 million. The company is backed by Alphabet’s venture arm GV, Sequoia Capital, Floodgate, Bracket Capital, First Round Capital and more. Read more
CrossEngage: CrossEngage is a Customer Data & Engagement Platform that combines a CDP with Cross-Channel Campaign Management capabilities. CrossEngage has raised Series A funding round, including from Vorwerk Ventures,Earlybird Venture Capital, Project A, a fund managed by IBB Beteiligungsgesellschaft, Cavalry Ventures, 42CAP and Columbia Lake 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 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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Woman of many skills: Database System Engineer; SplashX event producer; Author of Startup Teams
All author postsHarrison.ai raised $92.3 million USD, Droplette secured $15.4M,
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