Daily funding roundup - February 8th, 2021

Kristin Karaoglu · February 8, 2021 · Short URL: https://vator.tv/n/51c7
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Evolve BioSystems raised $55M; Getaway landed $41.7M; BeyondID secured $9M; Lyte picks up $5M

Evolve BioSystems: Evolve BioSystems is Davis, Ca-based probiotic tech startup aiming to improve ifant gut health. Evolve BioSystems has raised funding from the food and agriculture giant Cargill and from the growth-equity investor Manna Tree Partners in a round that the company expects will close with $55 million altogether. Read more

Kong: Kong is a San Francisco-based app making platform. Kong has raised $100 million in Series D funding. Tiger Global Management led the round, joined by earlier backers, including Index Ventures, CRV, GGV Capital, and Andreessen Horowitz. Read more

Nexthink: Nexthink is a Lausanne, Switzerland-based platform that businesses use to monitor software performance on their employees’ devices. Nexthink has raised $180 million in Series D funding at a $1.1 billion post-money valuation led by Permira, with participation from Highland Europe and Index Ventures. Read more

Reddit: Reddit is a San Francisco-based company that long ago dubbed itself the "front page of the internet,". Reddit has raised $250 million in Series E funding at a post-money valuation of $6 billion led by Vy Capital, following renewed public attention to the site. The company last raised $300 million in Series D funding in February 2019 led by Tencent. At the time, it was valued at $3 billion. Read more

Getaway: Getaway is a Cambridge, Ma.-based startup that builds collections of tiny cabins in rustic locations within a two-hour drive of several major American cities. Getaway has raised $41.7 million in Series C funding led by the hospitality-focused investment firm Certares. Read more 

BeyondID: BeyondID is a Bay Area-based company that offers consulting, implementation, and managed services for identity management, cybersecurity, and cloud platforms. BeyondID has raised $9 million in Series A funding led by Tercera, a recently launched investment firm. Read more

Goody: Goody is a Miami, Fla.-based mobile gifting app. Goody has raised $4 million in early funding from Quiet Capital, Index Ventures, Pareto Holdings, Third Kind Venture Capital, Craft Ventures, Coinbase co-founder Fred Ehrsam and Quora cofounder Charlie Cheever, among others. Read more

InEvent: InEvent is an Atlanta, Ga.-based startup powering virtual and hybrid events. InEvent has raised $2 million in seed funding from Storm Ventures. Read more

Ledn: Ledn is a Toronto, Ontario-based digital asset savings and credit platform. Ledn has raised $2.7 million in funding led by White Star Capital, with participation from Coinbase Ventures, Global Founders Capital, CMT Digital, Kingsway, and Darrow Holdings. Read more 

Lyte: Lyte is a San Francisco-based maker of ticketing tech for live events. Lyte has raised $5 million in extended Series B funding that brings the round's total to $38 million. New investors include Uncorrelated, AllRise, Yext co-founder Brian Distelburger, and Ed Roman of the venture firm Hack VC. Read more

Zeta: Zeta is a San Francisco-based online tool that allows couples and families to organize, track, share and manage their finances together. Zeta has raised $1.5 million in pre-seed funding led by Deciens Capital and Precursor Ventures. Read more

Pattern Health: Pattern Health is a digital health company that accelerates digital health innovation. Pattern Health received $1.5 million funding from investors Cofounders Capital and The Launch Place. 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 Firmbee 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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