Deel surpassed $100 million ARR

April 26, 2022

  • Deel surpassed $100 million ARR.

  • Epic Games raised $2 billion from Sony and Kirkbi investment company, the parent company of the Lego Group. As a result of the new funding round, the company’s valuation rose to $31.5 billion.

  • Ōura Health raised a new funding round at a $2.55 billion valuation.

  •  Brex acquired Pry Financials, an accounting software startup that tracks budgeting and forecasts cash flow.

  • ByteDance appointed Julie Gao as its new CFO. Gao previously was a capital markets attorney at Skadden.

  • Convoy raised $260 million in debt and equity at a $3.8 billion valuation.

  • Flutterwave’s current CEO was accused of financial misconduct for creating a false cofounder to gain more shares of the company.

DEEL

“ About That Deel ARR Number”

EPIC GAMES

“ Epic Games Valued at About $32 Bln in Funding from Sony, Lego Firm”

ŌURA HEALTH

“ On the Heels of 1 Million Rings Sold, Oura Now Valued at $2.55 Billion”

BREX

“ Silicon Valley Fintech Brex Acquires Pry Financials to Expand Software Capabilities for Founders”

BYTEDANCE

“ TikTok owner ByteDance appoints lawyer Julie Gao as new CFO”

CONVOY

“Convoy Raises $260M Series E to Expand Digital Freight Network Products”

FLUTTERWAVE

“In the Wake of Explosive Accusations Against Africa’s Most Valuable Startup, Flutterwave co-founder Speaks”

Dominic Cioffi