CVS Health turning drugstores into super-clinics; BetterUp raises another round for $5B valuationRead more...
Persona raised $150M; Arcadia landed $100M; Glean closed $55M; StrongDM secured $54M
Persona: Persona is a San Francisco-based identity infrastructure company built to manage customer identities. Persona has raised $150 million in Series C funding. Founders Fund led the new financing, joined by Meritech Capital Partners, BOND, and earlier investors Index Ventures and Coatue Management. Read more
Rebellion Defense: Rebellion Defense is a Washington, D.C.-based developer of AI solutions for U.S. defense. Rebellion Defense has raised $150 million in funding co-led by Insight Partners and Venrock, with participation from Innovation Endeavors, Declaration Partners and Lupa Systems. Read more
Arcadia: Arcadia is a Washington, D.C.-based startup that provides people avenues to access renewable energy without having to change power companies. Arcadia has raised $100 million to fuel its expansion. Tiger Global Management and the Drawdown Fund led the Series D round, joined by Wellington Management, Reimagined Ventures, and earlier investors Energy Impact Partners and G2 Venture Partners. Read more
Abra: Abra is a Mountain View, Ca.-based crypto wealth management startup. Abra has raised $55 million in funding co-led by Ignia and Blockchain Capital. Other participants in the round include Kingsway Capital, AmEx Ventures, and CMT Digital Ventures. Read more
Constructor: Constructor is a San Francisco-based startup whose tech powers search and product discovery tools for enterprise e-commerce businesses. Constructor has raised $55 million in Series A funding led by Silversmith Capital Partners. A long list of notable individual investors also joined the round. Read more
Glean: Glean is a Palo Alto, Ca.-based enterprise search company that was cofounded by CEO Arvind Jain. Glean has raised $55 million in funding. General Catalyst led the round, joined by Kleiner Perkins and Lightspeed Venture Partners. Read more
StrongDM: StrongDM is a Burlingame, Ca.-based company that looks to simplify infrastructure access and audit controls across databases, servers, clusters, and web apps. StrongDM announced it closed a $54 million Series B funding round led by Tiger Global, with participation from new investor GV and earlier investors Sequoia Capital, True Ventures, HearstLab, Bloomberg Beta, and former Splunk CEO Godfrey Sullivan. Read more
Relyance AI: Relyance AI is a Mountain View, Ca.-based startup that is helping companies stay in compliance with privacy laws at the code level. Relyance AI has raised $25 million in Series A funding led by Menlo Ventures and earlier backer Unusual Ventures, which earlier provided the company with $5 million in seed funding. Read more
TomoCredit: TomoCredit is a San Francisco-based fintech startup that's marketing a credit card which is focused on building a credit history for first-time borrowers. TomoCredit has raised $10 million in Series A funding. Kapor Capital and earlier investor KB Investment, a subsidiary of a South Korea consumer bank, co-led the round. Read more
Cured: Cured is a Boulder, Co.-based digital marketing and customer relationship management (CRM) platform for healthcare organizations. Cured has closed on $10 million in Series A funding led by DNA Capital. Other investors in the round include CU Healthcare Innovation Fund, UCHealth and earlier backers High Alpha, Waterline Ventures, Matchstick Ventures, and Headwater Ventures. Read more
DeepHow: DeepHow is a Detroit, Mi.-based learning platform for skilled trades that's centered around "smart" how-to videos. DeepHow has raised $9 million in pre-Series A funding led by Sierra Ventures. Read more
Replay: Replay is a Mountain View, Ca.-based time travel debugger for web developers. Replay has raised $5.7 million in seed funding led by Andreessen Horowitz, with participation from IA Ventures and Version One Ventures. Read more
Ascend: Ascend is a Palo Alto, Ca.-based startup that has developed payments APIs to automate insurance payments and also to offer a buy-now-pay-later option for the distribution of commissions and carrier payables. Ascend has raised $5.5 million in seed funding. First Round Capital led the round, joined by Susa Ventures, FirstMark Capital, Box Group, and a series of strategic angel investors. Read more
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