Daily funding roundup - June 23rd, 2021

Kristin Karaoglu · June 24, 2021 · Short URL: https://vator.tv/n/528f

Tvardi raised $74M, Anjuna landed $30M, Merlyn Mind secured $29M, DrChrono has picks up $12M

Incorta: Incorta is a  San Mateo, Ca.-based startup that sells a data crunching service for customers to analyze corporate data spread across multiple databases and then render it all into charts and graphics. Incorta has raised $120 million in Series D funding led by Prysm Capital. Earlier investors GV, Kleiner Perkins, M12, Sorenson Capital, Telstra Ventures and private investor Ron Wohl also joined the round. The company has also secureda credit facility from Silicon Valley Bank, it says. Read more

Vercel: Vercel is a San Francisco-based platform to develop, preview and ship websites and creator of Next.js, a React and JavaScript framework for frontend web development. Vercel has raised $102 million in Series C funding. Bedrock Capital led the round, joined by 8VC, Flex Capital, GGV Capital, Latacora, Salesforce Ventures and Tiger Global. Earlier backers Accel, CRV, Geodesic Capital, Greenoaks Capital and GV also participated. Read more

Lower: Lower is Columbus, Oh.-based home buying startup that operates as a lender, as well as a platform for buying, selling, and insuring homes. Lower has raised $100 million in Series A funding led by Accel. Read more

Tvardi Therapeutics: Tvardi Therapeutics is a Houston, Tex.-based clinical-stage biopharmaceutical company focused on the development of STAT3 inhibitors. Tvardi Therapeutics has raised $74 million in Series B funding led by new investors Slate Path Capital, Palkon Capital, ArrowMark Partners, and 683 Capital, with participation by existing investors, including Sporos Bioventures. The company had raised $9 million in Series A funding in 2019. Read more

Snackpass: Snackpass is a San Francisco-based food app that focuses on takeout rather than delivery. Snackpass has raised $70 million in Series B funding led by Craft Ventures, with participation from earlier backers Andreessen Horowitz, General Catalyst, Y Combinator, and a long list of individual backers. Read more

Anjuna: Anjuna is a Palo Alto-based startup that protects applications and data from insiders by seamlessly encrypting everything end to end. Anjuna has raised $30 million in Series B funding led by Insight Partners, with participation from Playground Global and Uncorrelated Ventures. Read more

Merlyn Mind: Merlyn Mind is a New York-based developer of digital assistants for education. Merlyn Mind raised $29 million led by Learn Capital. Read more

Arryved: Arryved is a Boulder, Co.-based point-of-service based software company specializing in the craft food and beverage service industry. Arryved has raised $20 million in funding led by Tribe Capital and Foundry Group. Read more

Pequity: Pequity is a San Francisco-based "intelligent" compensation platform that automates HR workflows from offer to signing to promotions. Pequity has raised $19 million in Series A funding led by Norwest Venture Partners, with participation from First Round Capital, Designer Fund, and Scribble Ventures. Read more

Rarible: Rarible is a Philadelphia, Pa.-based NFT marketplace that allows users to buy and auction off digital art. Rarible has raised $14.2 million in Series A funding from Venrock Capital, CoinFund and 01 Advisors. Read more 

DrChrono: DrChrono is a Sunnyvale, Ca.-based company whose platform aims to power telehealth, electronic health record, practice management, medical billing, and revenue cycle solutions for physicians and patients. DrChrono has raised a new round of more than $12 million in growth capital from ORIX Growth Capital. Read more

Acryl Data: Acryl Data is a Mountain View, Ca.-based startup looking to commercialize a metadata tool its team had built inside of LinkedIn to help the company organize, search and discover insights from its vast data trove. Acryl Data has raised $9 million in seed funding led by 8VC. LinkedIn and Insight Partners also participated. Read more

Drata: Drata is a San Diego, Ca.-based startup whose platform aims to help companies achieve and maintain continuous compliance through automated security control monitoring and evidence collection. Drata has raised $2 million in Series A funding led by GGV Capital. Other participants in the round include Okta Ventures and Silicon Valley CISO Investors, as well as earlier backers Cowboy Ventures and Leaders Fund. 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 NikolayFrolochkin from Pixabay   










Image Description

Kristin Karaoglu

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

All author posts

Support VatorNews by Donating

Read more from our "Daily Funding Roundup" series

More episodes