AlleyWatch
Armed with some data from our friends at CrunchBase, I broke down the largest global startup funding rounds for April 2021. I have included some additional information such as industry, round type, a brief description of the company, investors in the round, company location, and total equity funding raised for the company to further the analysis.
Round: Series D
Description: New York-based Capsule is a healthcare technology business rebuilding the pharmacy from the inside out Founded by Eric Kinariwala in 2016, Organization Name has now raised a total of $570.0M in total equity funding and is backed by investors that include T. Rowe Price, Sound Ventures, TCV, Global Founders Capital, and M13.
Material Bank, a Miami, Fla.-based marketplace for searching and sampling architectural, design, and construction materials, secured $100m in Series C funding.
The round, which brought total funding to $157m, was co-led by General Catalyst and Durable Capital Partners LP, with participation from Bond, Lead Edge Capital and existing investors Bain Capital Ventures and Raine Ventures. In conjunction with the funding, Bob Mylod of Annox Capital, will be joining Material Bank’s Board of Directors.
The company intends to use the funds to scale teams and infrastructure, expand into new verticals, make strategic acquisitions, and seed long-term growth initiatives.
Led by Founder, Chairman and CEO Adam I. Sandow, Material Bank is a marketplace for design professionals and brands in the architecture and design industry, providing a way to discover and sample materials.
AlleyWatch
Armed with some data from our friends at CrunchBase, I broke down the largest US startup funding rounds from April 2021. I have included some additional information such as industry, company description, round type, founders, and total equity funding raised to further the analysis. The TechWatch Media Group audience is driving progress and innovation on a global scale. With its regional media properties (NYC Tech, LA Tech, London Tech, Paris Tech, Boston Tech) TechWatch Media Group is the highway for technology and entrepreneurship. There are a number of options to reach this audience of the world’s most innovative organizations and startups at scale including strategic brand placement in a high-visibility, lead generation, and building thought leadership among the vast majority of key influencers in the business community and beyond. Learn more about running a digital campaign that will return your investment here.
HoneyBook Raises $155M in Series D Funding; at Over $1 Billion Valuation
Dror Shimoni, Co-founder and CTO, Naama Alon, Co-founder and Chief Product Officer, Oz Alon, Co-founder and CEO
HoneyBook, a San Francisco, CA-based client experience and financial management platform for independent service-based businesses, raised $155m in Series D equity funding at a $1 billion valuation.
The round was led by Durable Capital Partners with participation from Tiger Global Management, Battery Ventures, Zeev Ventures, 01 Advisors as well as existing investors Norwest Venture Partners, OurCrowd and Citi Ventures.
The company intends to use the funds to advance product development and expand internal resources, which includes increasing hiring.