Sourcery (2/10-2/13)
Headspace, Iora Health, Boulder, Ramp, Aiera, SoundCloud, Impala
Highlighted deals include: Headspace, Iora Health, Boulder, Ramp, Aiera, SoundCloud, Impala.
Deals of the week
Sources: TS, Pro Rata, FinSMEs, Fitt Insider
Headspace, a Los Angeles-based app focused on mindfulness and meditation, raised $93 million in Series C funding. blisce/ led the round, and was joined by investors including Waverley Capital, Times Bridge, The Chernin Group, Spectrum Equity and Advancit Capital.
Iora Health, a Boston-based primary care provider that focuses on Medicare patients over 65, raised $126 million. Premji Invest led, and was joined by return backers Cox Enterprises, Temasek F-Prime Capital, Devonshire Investors, .406 Ventures, Flare Capital Partners, Polaris Partners, and Khosla Ventures. www.iorahealth.com
Boulder, the Portland, Ore.-based digital treatment program for opioid addiction, raised $10.5 million in Series A funding. Tusk Venture Partners led, and was joined by Greycroft, First Round Capital, and BoxGroup. www.boulder.care
AllVoices, a Los Angeles-based developer of an encrypted communications platform for offices, raised $3 million in seed funding. Investors include Crosscut, Greycroft, Halogen Ventures, and Vitalize VC.
OptimoRoute, a Dover, Delaware-based route planner tech startup, raised $6.5 million in Series A funding. Prelude Ventures led the round, and was joined by investors including Congruent Ventures and Michael Stoppelman.
Ramp, a New York-based fintech firm that offers corporate credit cards, raised $25 million in funding. Investors include Keith Rabois, Coatue, BoxGroup, Conversion Capital, Soma Capital, and Backend Capital. Read more at Fortune.
L Catterton made an investment in Butternut Box, a London-based fresh food delivery brand for dogs. Financial terms weren't disclosed.
EquityBee, an Israeli liquidity platform for startup employee stock, raised $6.6 million. Group11 led, and was joined by Battery Ventures and LocalGlobe. http://axios.link/lPnI
Alpha Foods, a New York-based provider of vegetarian prepared meals, raised $28 million led by AccelFoods led, and was joined by return backers New Crop Capital, Green Monday Ventures, and Blue Horizon. http://axios.link/qsSi
Freight Farms, a Boston-based maker of vertical-farming containers, raised $15 million in Series B funding. Osparie Ag Science led, and was joined by return backer Spark Capital. http://axios.link/Z4pB
UrbanFootprint, a Berkeley, Calif.-based urban planning software platform, raised $11.5 million in Series A funding. Valo Ventures led, and was joined by Social Capital and Radicle Impact. http://axios.link/UiXL
Unmind, a London-based workplace mental health platform, raised €9.1 million in Series A funding. Project A led, and was joined by Felix Capital. http://axios.link/foCp
Course Hero, a Redwood City, Calif.-based online learning platform, raised $40 million in funding at a $1.1 billion valuation. Investors include New View Capital.
Aiera, a New York-based event intelligence and insights platform, raised $7 million in funding. Fin Venture Capital led the round, and was joined by investors including Macquarie Group, Citi Markets FinTech Investments, and Franklin Templeton.
SoundCloud, a Germany-based music streaming service, raised $75 million from SiriusXM. http://axios.link/onP5
MoEngage, a customer engagement and insights startup with offices in San Francisco and Bangalore, raised $25 million in Series C funding. Eight Roads led, and was joined by F-Prime Capital, Matrix Partners India, and Ventureast. http://axios.link/XQ1C
Impala, a London-based provider of real-time data on hotel rooms, raised $20 million in Series B funding. Lakestar led, and was joined by Latitude Ventures and LocalGlobe. http://axios.link/mMSH
Gento, a Los Angeles-based on-demand medical staffing startup, raised $5 million in Series A funding led by Palisades Growth Capital. http://axios.link/GhkN
Sandbridge Capital invested in Peach & Lily, a New York-based K-beauty and skincare brand. http://axios.link/cCke
. . .
More headlines…
Sources: MorningBrew, Axios
Shopify reported global sales between Black Friday and Cyber Monday 2019 surpassed $2.9 billion.
Brandless, the D2C retailer backed by SoftBank, shuttered operations and laid off 90% of its staff.
Goop is partnering with Banana Republic for a capsule clothing collection and limited podcast series.
Safilo Group acquired a majority stake in eyewear brand Privé Revaux.
Showfields will open its second experiential retail store this spring.
IKEA named a new CEO: Jon Abrahamsson Ring, who’s currently head of IKEA’s franchising division.
SoftBank's Vision Fund lost over $2 billion last quarter.
Chinese companies, including buzzy emerging tech startups, are seeking billions in bank loans to offset coronavirus impacts.
Foxconn, the Taiwanese company that manufactures the iPhone in China, directed Shenzhen employees not to return to work this week.
Google absorbed Jigsaw, The Information reports. Formerly an Alphabet arm, the think tank/tech incubator is the third unit to move from Alphabet to Google in the past two years.
Sequoia Capital is raising a $1.3 billion fund to invest in Indian and Southeast Asian tech companies, the FT reports.
Siri can now answer questions about U.S. elections and voting results.