Devoted Health raised up to $1.2 billion; Xpansiv landed $100M; GeneEdit secured $26MRead more...
Balto landed $37M; Metabase secured $30M; Gross-Wen Technologies raised $6.5M
Branch: Branch helps businesses accelerate payments to empower working Americans. Branch announced it has raised over $540 million to fuel its momentum in delivering flexible workforce payments. Addition led the closing of a $48 million Series B funding round with participation from Drive Capital, Crosscut Ventures, Bonfire Ventures, Matchstick Ventures, and HR Tech Investments LLC, a subsidiary of Recruit Holdings Co., Ltd., among other investors. The company has also secured $500 million in purchased assets from funds managed by Neuberger Berman. Read more
DriveWealth: DriveWealth is a Chatham, N.J.-based brokerage infrastructure startup that enables companies to embed investing services like fractional trading within their own products. DriveWealth has raised $450 million in Series D funding co-led by Accel and Insight Partners. Other investors include Greyhound Capital, SoftBank, Base 10, FlightDeck, the cryptocurrency exchange FTX and earlier backers Point72 Ventures and Fidelity. Read more
D1 Brands: D1 Brands is a New York-based Amazon aggregator looking to capitalize on the success of third-party sellers in online marketplaces. D1 Brands has raised $123 million in Series A funding. CoVenture and Crossbeam Venture Partners co-led the round, joined by ID8 Investments. Read more
Balto: Balto is a St. Louis, Mo.-based call center automation startup that aims to deliver visual prompts to agents with the "best things to say, live on every call. " Balto has raised $37 million in Series B funding. Stripes led the round, joined by RingCentral Ventures, Sierra Ventures, TIA Ventures, OCA Ventures, Stage Venture Partners, SaaS Venture Capital, Sandalphon Capital, Cultivation Capital and Atreides Management. Read more
Metabase: Metabase is a Mountain View, Ca.-based open-source business intelligence startup. Metabase has raised $30 million in Series B funding. Insight Partners led the round, joined by earlier backers Expa and NEA. Read more
Gross-Wen Technologies: Gross-Wen Technologies is a Slater, Ia.-based company whose wastewater treatment technology uses algae to clean wastewater. Gross-Wen Technologies has raised $6.5 million in Series A funding co-led by ISA Ventures and the Iowa Farm Bureau's Rural Vitality Fund. Other backers in the round include Next Level Ventures, Mid-American Angels, Ankeny Angels, Ag Startup Engine, Oman Ventures, and 1330 Investments. Read more
Urban Sky: Urban Sky is a Denver, Co.-based startup that aims to provide imagery from high-altitude "micro" balloons at much higher resolution than satellites. Urban Sky has raised $4.1 million in seed funding led by Catapult Ventures and Union Labs, with participation from TenOneTen Ventures, NewStack Ventures and Techstars. Read more
Breef: Breef is a New York-based agency marketplace that connects brands with agencies for their digital and creative needs. Bree has raised $3.5 million in funding led by Greycroft. Other investors in the round include Rackhouse Ventures, The House Fund, Lance Armstrong and 640 Oxford Ventures. Read more
Cardiomatics: Cardiomatics is a Poland-based health tech AI startup that has developed an electrocardiogram reading automation technology. Cardiomatics just announced $3.2 million in seed funding. The Central and Eastern European venture firm Kaya VC led the round, joined by Nina Capital, Nova Capital and Innovation Nest. Read more
Earbuds: Earbuds is an Austin, Tex.-based social music app that's directly integrated with Spotify and Apple Music. Earbuds just raised $3 million in Series A funding. Ecliptic Capital led the round, joined by the Andre Agassi Foundation and LFG Ventures. Read more
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Read more from our "Daily Funding Roundup" series
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