Daily funding roundup - March 2nd, 2021

Kristin Karaoglu · March 3, 2021 · Short URL: https://vator.tv/n/51e9
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Zipline raised $30; Fuzzy landed $18M; Around secured $10M; BurnAlong picks up $7M

 

Instacart: Instacart is a San Francisco-based grocery delivery company. Instacart has raised $265 million in new funding. The round was led by earlier investors  Andreessen Horowitz, Sequoia Capital, and D1 Capital Partners, and makes Instacart the second-largest U.S.-based unicorn after SpaceX, according to Pitchbook. Read more.

Beam Dental: Beam Dental is a Columbus, Oh.-based dental benefits provider that says it rewards good hygiene with cheaper rates. Beam Dental has raised $80 million in Series E funding led by Mercato Partners, with participation from earlier backers Drive Capital, Georgian, Nationwide Insurance and Breakout Capital. Read more

Fluid Truck: Fluid Truck is a Denver, Co.-based truck rental platform enabling individuals, along with small and mid-sized businesses, to rent commercial vehicles quickly via any mobile device. Fluid Truck has raised $63 million in Series A funding. The private equity firm Bison Capital led the round, joined by Ingka Investments, Sumitomo Corporation of Americas and Fluid Vehicle Owners. Read more.

Zipline: Zipline is a San Francisco-based company that helps retailers streamline headquarters-to-store communications and task management. Zipline has raised $30 million in Series B funding led by Fifth Wall, with participation from Emergence Capital, Ridge Ventures, Hillsven Capital, Veeva co-founder Matt Wallach and the Fisher Family Fund. Read more.

Fuzzy: Fuzzy is a San Francisco-based subscription-based pet health care startup. Fuzzy has raised $18 million in Series B funding led by Greycroft, with participation from Gaingels and earlier investors Crosscut Ventures and Matrix Partners. Read more.

Maestro: Maestro is a L.A.-based interactive live streaming platform for creators and content owners. Maestro has raised $15 million in Series B funding, including from NetEase, Sony Music Entertainment, and Acronym Venture Capital, alongside numerous individual investors, including Twitch co-founder Kevin Lin. Earlier backers also joined the round, including SeventySix Capital. Read more.

WeGift: WeGift is a London-based digital incentives platform. WeGift has raised $12 million in funding led by earlier backer AlbionVC, along with CommerzVentures and other previous backers Stride.VC, SAP.iO Fund, and Unilever Ventures. Read more.

Around: Around is Redwood City, Ca.-based video collaboration startup. Around has raised $10 million in Series A funding led by Wing VC, with participation from Forerunner Ventures, Slack Fund, Initialized Capital, Credo and Floodgate.  Read more.

Parabol: Parabol is a  Brooklyn, N.Y-based startup that makes structured meeting software for agile development teams. Parabol has raised $8 million in Series A funding led by M12, with participation from earlier backers CRV, Haystack, and Techstars. Read more.

BurnAlong: BurnAlong is a Baltimore, Md.-based startup that provides personalized corporate wellness classes online. BurnAlong has raised $7 million in Series A funding led by Triventures, with participation from earlier backers, including CR2 Ventures, TriSib, DM Wellness and Macks Managed Investments. Read more.

Cipher Skin: Cipher Skin is a Denver, Co.-based developer of mesh sensors that detect motion in real time and can track movement. Cipher Skin has raised $5 million in Series A funding. Boyett Group led the round, joined by Draper Capital, Tribe Capital and TKC Capital. Read more.

Outplay: Outplay is a Bay Area-based sales engagement platform for small and medium-size companies. Outplay has raised $2 million in funding from Sequoia Capital India’s Surge program.  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 MasterTux 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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