March 29, 2022

• Last week, GoTo Group planned to raise $1.1 billion in its upcoming IPO.

• Webflow raised $120 million at a $4 billion valuation.

• Indigo AG appointed John Frederick as its new CFO. Frederick previously was the CEO of SumTotal Systems and the Chief Administrative Officer at Skillsoft.

• Instacart reduced its internal valuation to $24 billion which represents a 38% discount to its last round valuation in March 2021.

• Ola acquired Avail Finance, a platform that assists blue collar workers with their finances.

• SparkCognition acquired Integration Wizards, an advanced visual AI startup.

Read More

March 14, 2022

• Addepar appointed Eric Daniels as its CFO. Daniels previously was the CFO of Real Capital Analytics, COO and CFO of automotiveMastermind Inc and the CFO of NRC National Response Corporation.

• Epic Games acquired Bandcamp, a music download platform.

• Acorns raised $300 million at a $1.9 billion valuation.

• Byju’s raised $800 million at a $22 billion valuation.

• CircleCI acquired Ponicode, a software testing platform.

• Course Hero acquired Scribbr, an edtech suite with tools equipped to assist students apply for college.

• Niantic acquired 8th Wall, an AR development platform.

• Scopely invested $20 million in a new gaming studio, Burlingame Studios.

Read More

February 28, 2022

• Bloomreach raised $175 million at a $2.2 billion valuation.

• Klarna’s operating losses increased to 6.58 billion Swedish crowns ($688.85 million) in FY 2021 which represents a 4X multiple compared to last year’s operating losses.

• Omada Health raised $192 million at a $1 billion valuation.

• Circle Internet Financial planned to be acquired by Concord Acquisition Corp, a SPAC, in a deal that values the company at $9 billion.

• Flutterwave raised $250 million at a $3 billion valuation.

• Noom paid $62 million as part of its lawsuit pertaining to making it difficult for users to opt out of subscription renewals.

• Roman Health raised $150 million at a $7 billion valuation.

Read More

February 15, 2022

• Last week, BlockFi was fined $100 million during a SEC investigation related to its high yield lending product. As a result of the investigation, BlockFi isn’t allowed to open accounts for new users.

• Branch raised $300 million at a $4 billion valuation.

• Starburst Data raised $250 million at a $3.35 billion valuation.

Read More

February 8, 2022

• Last week, Bolt’s CEO, Ryan Breslow, resigned following a rant on Twitter pertaining to his personal beliefs of the startup realm.

• Calm acquired Ripple Health Group, a healthcare platform that has a caregiving product offering.

• Flexport raised $935 million at a $8 billion valuation.

• Netlify acquired Quirrel, a serverless job queueing platform.

• Ramp raised a new funding round at a $8 billion valuation.

Read More