Weekly Top-tier Fundraising May 3
1 Affirm founder's clinical digital twin platform raises $60 mn 2 Provider of physical devices for remote workers raises $13 mn 3 Brazilian digital real estate brokerage raises $100 mn, etc.
SEQUOIA CAPITAL
①StashAway / Asset management platform in Singapore B2C Fintech
$25 million Series D
Highlights: Said to be better than previous asset management platforms in three areas: easy-to-use platform, customer support, and sophisticated investment framework.
②Bibit.id / Indonesian investment robot-advisor B2C fintech
$30 million Series A
Highlights: In Indonesia, the market, many people keep their assets in time deposits, and only 2% are said to invest. On the other hand, the younger generation is looking for an easy-to-use investment app, and Bibit is trying to solve this problem.
③ReleaseHub / Environments-as-a-Service B2C Software
$2.7 million Series Seed
Highlights: Until now, software development companies, our customers, have faced a major bottleneck in releasing their software to production environments; ReleaseHub is trying to solve this problem.
④n8n / Node-based Workflow Automation Tool B2B Software
$12 million Series A
Highlights: Sequoia is also actively investing in work automation tools, and last week it announced an investment in Laiye, a Chinese work automation tool.
FOUNDERS FUND
①PortalOne / Provides a live gaming platform in Norway B2C gaming
$15 million Series Seed
Highlights: Until now, live gaming platforms have been a challenge for several startups, but they have not been able to achieve this in an immersive way. PortalOne has solved this challenge by working with Arri, a leading motion picture camera equipment company, to build a new 3D camera.
ANDREESSEN HOROWITZ
①Qbio / Clinical Digital Twin Platform B2B Healthcare
$60 million Series B
Highlights: Until now, methods for integrating personal health status and data to calculate risk have been too costly to implement. Qbio is attempting to solve this problem.
②Loft / Digital Real Estate Brokerage in Brazil B2B2C Real Estate
$100 million Series D
Highlights: Previously, Brazil did not have a real estate database like MLS, and the information was not managed.
③Greenlight / All-in-one asset management platform for families B2C FinTech
$260 million Series D
Provides services to 3 million parents and children. By helping them acquire financial knowledge, it has helped them save more than $120 million to date.
https://www.greenlightcard.com/
Highlights: Greenlight solves the problem that family financial platforms do not educate children, while child financial education platforms lack practical management tools. Greenlight solves this problem.
④Firstbase / Provides mobile banking for teens B2B Fintech
$220 million Series D
Highlights: Various tools have been created for remote work, such as cyber security, engagement support, incentive design, and task management, but Firstbase is trying to solve the problem of setting up and managing equipment and other devices.
⑤Current / Provides mobile banking for teens B2B Fintech
$220 million Series D
The number of users has grown from 1 million to about 3 million in the summer of 2020.
Highlights: Target teenage users have felt inconvenienced by traditional banks, which are mainly physical branches; Current is trying to solve this issue by making it mobile-centric.
⑥Mux / Video platform for developers B2C software
$105 million Series D
Highlights: The market, video software, is said to be undergoing a major transformation in the next decade. Video used to be something you watched at your desk or on your couch, but now it's needed everywhere, including social media. Mux is trying to answer that demand.