Telehealth creates the platform upon which preventative care and value-based payments will flourishRead more...
Stripe landed $600M; ElevateBio raised $525M; Graphite Bio secured $150M
Airtable: Airtable is a San Francisco-based no-code relational database that has amassed a customer base that spans 250,000 different organizations. Airtable just closed on $270 million in Series E funding at a $5.77 billion post-money valuation. Greenoaks Capital led the new round, joined by WndrCo and earlier investors Caffeinated Capital, CRV, and Thrive. Read more
ElevateBio: ElevateBio is a Cambridge, Ma.-based biotech company that aims to help corporate partners develop cell and gene therapies, as well to build its own portfolio of disease treatments. ElevateBio has raised a massive $525 million Series C round, just shy of a year after closing its Series B round with $193 million. Read more
Graphite Bio: Graphite Bio is a South San Francisco-based gene editing startup. Graphite Bio has raised $150 million in Series B funding. RA Capital Management and Rock Springs Capital co-led the round, joined by Cormorant, Deerfield, Federated Hermes Kaufmann Funds, Fidelity, Janus Henderson, and more. Read more
Insitro: Insitro is a South San Francisco-based machine learning start-up that's aiming to speed up drug discovery and is run by former Stanford artificial intelligence professor Daphne Koller. Insitro has raised $400 million from investors. Canada Pension Plan Investment Board led the round, which also included SoftBank, Temasek, and previous backers Andreessen Horowitz, T Rowe Price and BlackRock. Read more
Stripe: Stripe is a San Francisco-based company whose software is used by businesses to accept payments. Stripe has closed on $600 million in new funding at a post-money valuation of $95 billion. According to a statement published yesterday by the company, primary investors in the round include the digital investment unit of Allianz Group, Axa SA, Baillie Gifford, Fidelity Management & Research Co., Sequoia Capital and Ireland’s National Treasury Management Agency. Read more
DeepSee.ai: DeepSee.ai is a Salt Lake City, Ut.-based startup that helps enterprises use AI to automate line-of-business problems. DeepSee.ai has raised $22.6 million in Series A funding led by ForgePoint Capital. Earlier investors AllegisCyber Capital and Signal Peak Ventures also participated in this round. Read more
Genesis: Genesis is a New York-based low-code application platform built for financial markets so non-technical employees can more quickly create ways to monitor and manage real-time risk, high-frequency trades and other activities. Genesis has raised $45 million in Series B funding led by Accel. Other participants in the round include GV and Salesforce Ventures, as well as earlier backers Citi, Illuminate Financial and Tribeca Venture Partners. Read more
Gatsby: Gatsby is a New York-based options trading app. Gatsby has raised $10 million in Series A funding, including from Techstars, Beta Bridge Capital, and numerous individual investors organized by both ClearList and through a SeedInvest campaign. Read more
GloveBox: GloveBox is a Denver, Co.-based mobile platform for independent insurance agents. GloveBox has raised $3 million in seed funding led by Mercato Partners, with participation from Heffernan Insurance Brokers. Read more
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Read more from our "Daily Funding Roundup" series
CaptivateIQ raised $46M; Snorkel AI landed $35M; Pathlight secured $25M; Pica8 picks up $20MRead more...
OneStream raised $200M; Patreon landed $155M; Sendbird secured $100MRead more...