Daily funding roundup - October 5, 2021

Kristin Karaoglu · October 6, 2021 · Short URL: https://vator.tv/n/5330

Sure raised $100M; Honor landed $70M; Pandion secured $30M

Masterworks: Masterworks is a New York-based company that sells fractional shares of fine art to retail investors. Masterworks has raised $110 million in Series A funding. The round, which represents the outfit's first outside investment, was led by Left Lane Capital, with participation from Galaxy Interactive and Tru Arrow Partners, among others. Read more  

Sure: Sure is a Santa Monica, Ca.-based insurance infrastructure startup. Sure has raised $100 million in Series C funding co-led by Declaration Partners and Kinnevik, with participation from WndrCo and earlier backers W. R. Berkley and Menlo Ventures. Read more

Honor: Honor is a San Francisco-based senior care network and tech platform. Honor has raised $70 million in Series E funding and $300 million in debt financing. Baillie Gifford led the equity financing with participation from earlier investors, including funds and accounts advised by T. Rowe Price, Home Instead founders Paul and Lori Hogan, Prosus Ventures, Andreessen Horowitz, Thrive Capital, FMZ Ventures, Rock Springs Capital, Lighthouse Capital Markets, and TriplePoint Capital. Perceptive Advisors meanwhile led the debt financing with a "significant commitment" from Ares Management funds. Read more

Pandion: Pandion is a Seattle-based e-commerce parcel delivery company. Pandion has raised $30 million in Series A funding from Bow Capital, Telstra Ventures, Playground Global, Schematic Ventures, AME Cloud Ventures and Innovation Endeavors. Company founder and CEO Scott Ruffin most recently spent two years as a VP and head of e-commerce transportation at Walmart eCommerce. Read more

Commonstock: Commonstock is a San Francisco-based social investing platform for talking about trades and financial markets. Commonstock has raised $25 million in Series A funding led by Coatue, with participation from QED, Floodgate, Upside Ventures, Resolute Ventures, and Abstract Ventures, among others. Founder and CEO David McDonough previously spent more than six year working at Google on product strategy. Read more 

Autify: Autify is a San Francisco- and Tokyo-based software testing automation platform. Autify has raised $10 million in Series A funding. World Innovation Lab led the round, joined by Uncorrelated Ventures and individual investor Jonathan Siegel. Earlier backers Archetype Ventures, Salesforce Ventures and Tably also participated. Read more 

Memgraph: Memgraph is a London-based platform for real-time streaming graph applications. Memgraph has raised $9.34 million in seed funding led by M12. Heavybit Industries, In-Q-Tel, Counterview Capital, ID4 Ventures and Mundi Ventures also participated in the round. Read more 

Podcastle: Podcastle is a Bay Area-based podcast creation platform that aims to help podcasters easily create, edit and distribute production-quality podcasts. Podcastle has raised $7 million in funding co-led by RTP Global and Point Nine Capital. Read more 

Rendered.ai: Rendered.ai is a Bellevue, Wa.-based synthetic data company. Rendered.ai has raised $6 million in seed funding led by Space Capital, with participation from Congruent Ventures, Tectonic Ventures, Union Labs and Uncorrelated Ventures. Read more 

Made of Air: Made of Air is a Berlin-based maker of "carbon negative" thermoplastics. Made of Air has raised $5.8 million led by a Norwegian sustainability-focused family fund called TD Veen. Other participants in the round include Tuesday Capital, EQT Group, and numerous individual investors, including former Google CFO Patrick Pichette. Read more 

Hotglue: Hotglue is a Washington, D.C.-based startup that wants to make it easier for developers to connect to business applications like Salesforce. Hotglue has raised $1.5 million in seed funding led by Uncommon Capital and a group of angels. 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 David Yu 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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