Weekly top-tier VC June 14
1 Blockchain developer raises $314 mn in ICO 2 Checkout-free technology developer raises $39 mn 3 Social app for screen sharing in Paris raises $30 mn. 11 in total.
①Amplitude / Digital optimization system for products B2B software
$150 million Series F
Highlights: In recent years, digital has been placed at the center of competitive strategy in the enterprise as a customer. In this context, Amplitude is increasing the competitiveness of its customers by optimizing its products in real time.
②Faire / B2B platform providing a wholesale platform that connects businesses and retailers
$170 million Series E
Provides business owners with a toolkit of simple technology, data insights, financial terms, and logistics solutions to support local retailers. In addition, it is a wholesale platform that helps brands and manufacturers reach out to retailers and helps retailers find and buy unique products. The company has tripled its valuation from the $17 million it raised last November.
Highlights: Until now, many retailers have not been able to differentiate themselves from Amazon; Faire solves that problem by making it easier to discover and stock new products.
③Slintel / Provides sales and marketing tools for enterprises B2B software
$20 million Series A
By providing information such as buyer pain points and churn data, the go-to-market team can understand the buyer more deeply. All development is done at the company's base in India. Raised $4.2 million in October last year.
Highlights: The Pandemic has made it possible to understand customer trends online more than ever before, and Sintel will enable us to target and sell more efficiently based on this data.
④Pennylane / Finance management platform for SMEs B2B FinTech
$18 million Series A
It unifies all data that was previously fragmented and enables business managers to make appropriate decisions by grasping financial data in real time. 1,000+ business managers and 100+ accounting firms are using it.
Highlights: In recent years, the increase in the number of tools has made financial data fragmented and time-consuming to analyze; Pennylane is trying to solve this problem by adopting the same one-stop system for accounting firms and customers.
⑤SSence / B2C apparel company that provides a platform for high-end designer clothing in Canada
Amount raised unknown Series unknown
Average of 100 million page views per month. It has emerged as one of the leading online fashion platforms, connecting brands with millennials and Gen Z consumers around the world. In its 18 years of existence, it was the first company to accept outside investors for overseas expansion.
Highlights: In recent years, Sequoia has been focusing on investing in China through Sequoia China. In particular, the company has focused on three areas: TMT, consumer/services, and healthcare. Over the past 16 years, the company has invested in about 600 companies in China, and has also been able to invest in Western companies looking to enter the Chinese market, the other side.
⑥Whatfix / Software implementation support for enterprises B2B software
$90 million Series D
Highlights: While corporate software investment has increased in recent years, there has been a slow return on investment due to low employee penetration. Whatfix is attempting to solve this problem.
①Faire / B2B platform providing wholesale platform connecting companies and retailers
See above for Sequoia.
②Grabango / Provides checkout-free technology for retailers B2B fintech
$39 million Series B
Developed technology that uses computer vision cameras on the ceiling to track customers as they select products. The goal is to install the technology in more than 50,000 retail stores over the next five years.
Highlights: Since the first Amazon Go opened in 2016, the checkout-free technology has attracted investor attention, with Grabango and Standard Cognition looking to lead the market.
①Solana / Blockchain app development B2B Blockchain
$314 million Private token sale
Highlights: Until now, Ethereum has been the largest decentralized finance of all cryptocurrencies, but there have been issues with fees and transaction speed. Solana is attempting to solve this problem.
②ChartHop / Human Resource Analysis Solution B2B HR
$35 million Series B
Highlights: Until now, it has been difficult to have an objective discussion about the amount of impact that the analysis of human resources in an organization has on business strategy; ChartHop is trying to solve this problem by visually analyzing the human resources in an organization.
③Flyhomes / Technology-driven real estate brokerage B2B Real Estate
$150 million Series C
Transforming the home buying experience through comprehensive customer information, segmented expertise, financial innovation and on-demand technology.
Highlights: In the past, non-cash homebuyers had no choice but to bid on multiple properties and buy the one they won because they were not competitive in auctions. Flyhomes is giving those buyers a competitive edge in auctions through financial solutions, allowing them to buy the home they really want.
④BeReal / Social Media in Paris B2C Social
$30 million Series A
Built a mobile app that notifies everyone at a random time every day that they have two minutes to take and share a photo.
Highlights: So far, social apps have shared a variety of things such as profiles, videos, audio, and location information depending on the time. This is the first social app in the sense of sharing the screen of a smartphone.