Daily funding roundup - August 9th, 2021

Kristin Karaoglu · August 9, 2021 · Short URL: https://vator.tv/n/52d9

Snorkel AI raised $85M; Cadence landed $41M; Canopy Servicing secured $15M Eyevensys picks up $12M

Trendyol: Trendyol is a Turkey-based e-commerce platform that ranks as the largest of its kind in the country. Trendyol has raised $1.5 billion in a massive funding round that values the company at $16.5 billion. General Atlantic, SoftBank Vision Fund 2, Princeville Capital and sovereign wealth funds ADQ (UAE) and Qatar Investment Authority co-led the round. Read more

Snorkel AI: Snorkel AI is a Palo Alto, Ca.-based startup specializing in training machine learning systems. Snorkel AI has raised $85 million in funding co-led by Addition and BlackRock, with participation from Greylock, GV, Lightspeed Venture Partners, Nepenthe Capital and Walden. Read more

Cricket Health: Cricket Health is a San Francisco-based kidney care company that provides integrated nephrology and dialysis care for people with chronic kidney disease and end stage renal disease. Cricket Health has raised $83.5 million in Series B funding. Valtruis led the round, joined by Oak HC/FT, Cigna Ventures, K2 HealthVentures, and Blue Shield of California. Read more

FreshBooks: FreshBooks is a Toronto-based cloud accounting software company focused on small and mid-size businesses. FreshBooks has raised $80.75 million in Series E funding, as well as $50 million in debt financing. Earlier backer Accomplice led the equity financing at a post-money valuation of more than $1 billion. JPMorgan, Gaingels, BMO Technology & Innovation Banking Group and Manulife also participated in the equity piece, along with new backer Barclays. Read more

Cadence: Cadence is a L.A.-based remote patient monitoring startup that enables clinicians to provide personalized feedback via texts and video visits. Cadence has raised $41 million in funding from General Catalyst and Thrive Capital, with participation from Martin Ventures and Chelsea Clinton, among others. Read more  

Canopy Servicing: Canopy Servicing is a Kea Ľau, Hawaii-based maker of servicing infrastructure software that allows its fintech customers and others to develop loan programs for their own customers. Canopy Servicing has raised $15 million in Series A funding led by Canaan, with participation from Homebrew, Foundation Capital and BoxGroup, among others. Read more 

Nabr: Nabr is a pre-launch real estate startup. Nabr has raised $14M in a seed funding round led by Zigg Capital, with participation from Robert Wennett and DivcoWest. 

Eyevensys: Eyevensys is a non-viral gene therapy platform that offers revolutionary treatments for eye diseases. Eyevensy has just closed a Series B Plus funding round for $12 million. Korea Investment Partners was the lead investor in this round, and the firm was joined by existing investors in the company. Read more 

CommandBar: CommandBar is a San Francisco-based startup whose search interface sits atop web-based apps so that users can access functionalities by searching simple keywords. CommandBar has raised $4.8 million in seed funding. Thrive Capital led the round, joined by Y Combinator, BoxGroup and a group of angel investors, including Naval Ravikant, investor Brianne Kimmel, and StitchFix president Mike Smith. Read more  

Upscribe: Upscribe is a subscription software for D2C ecommerce merchants. Upscribe announced a $4 million seed financing round, led by Uncork Capital. Leaders Fund and House Fund also participated, among others. Read more 

Cent: Cent is a San Francisco-based startup that mints non-fungible tokens from tweets. Cent has raised $3 million in funding. Investors include Galaxy Interactive, Jeffrey Katzenberg, Mark Pincus, Reid Hoffman, will.i.am, and In/Visible Ventures. Read more 

RentCheck: RentCheck is a New Orleans, La.-based startup whose tech helps property managers save time on inspections with self-guided inspections that it says anyone can complete from their smartphone. RentCheck has raised $2.6 million in seed funding from Cox Enterprises and a long list of notable individuals investors. 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 Nattanan Kanchanaprat 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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