January 25, 2021
Last week, Dashlane appointed JD Sherman as its new CEO. Sherman previously worked as the President and COO of Hubspot.
Deliveroo raised $180 million at a valuation greater than $7 billion.
Rivian raised $2.65 billion in a new funding round.
TripActions raised $155 million at a $5 billion valuation.
Wrike was acquired by Citrix for $2.25 billion.
January 19, 2021
Better appointed Diane Yu as its new CTO. She previously founded FreeWheel (an ad monetization platform for media networks) and worked in the Engineering department at DoubleClick.
Blend Labs raised $300 million at a $3.3 billion valuation.
Byju’s acquired Aakash, an operator of 200 brick-and-mortar coaching centers.
Checkout.com raised $450 million at a $15 billion valuation.
Cockroach Labs raised $160 million at a $2 billion valuation.
GitLab completed a $195 million secondary sale at a $6 billion valuation.
Plaid’s $5.3 billion merger with Visa wasn’t completed due to the DOJ filing an antitrust lawsuit.
January 11, 2021
Last week, Affirm increased its IPO pricing target range to $41/share - $44/share which corresponds to a valuation as high as $10.7 billon.
Divvy raised $165 million at $1.6 billion valuation.
Epic Games acquired Rad Game Tools, a seasoned game development firm.
Hootsuite acquired Sparkcentral, a SaaS platform for digital customer service.
Instacart appointed Nick Giovanni as its CFO. Giovanni previously worked at Goldman Sachs where he advised later stage growth clients on financial transactions.
Revolut requested U.K. regulators for a banking license.
Roblox raised $520 million at a $29.5 billion valuation and expressed plans for a direct listing.
SoFi has reached an agreement to be acquired by Social Capital Hedosophia Holdings Corp. V (NYSE: IPOE).
January 4, 2021
23andMe raised $82.5 million in a new funding round.
Affirm acquired PayBright, a Candian Buy Now Pay Later firm, to expand the reach of its services.
Nuro acquired Ike, an autonomous truck start up
Ripple was sued by the SEC. The SEC claims that Ripple’s XRP token should be registered as a security.
December 22, 2020
Last week, Coinbase confidentially filed for its IPO.
Ginkgo Bioworks acquired Novogy, a firm with an extensive strain assets and IP portfolio.
Oscar Health raised $140 million in a new funding round led by Tiger Global.
Robinhood was fined $65 million from the SEC for not accurately describing how the firm generated revenue to its customers.
Roblox acquired Loom.ai, a platform that develops 3D avatars.
Rubrik acquired Igneous, a developer of a unstructured data backup platform.
StockX raised $275 million at a $2.8 billion valuation.
UiPath confidentially filed for its IPO.
Wish raised $1.1 billion in its IPO at a $14.1 billion valuation.
Zomato raised $660 million at a $3.9 billion valuation.
December 14, 2020
Last week, Affirm stated that it will delay its IPO to 2021.
Airbnb raised $3.5 billion at a $40 billion valuation in its IPO.
Calm raised an additional $75 million at a $2 billion valuation.
DoorDash raised $3.4 billion at a $34 billion valuation in its IPO.
Reddit acquired Dubsmash, a short video platform.
Roblox stated that it will delay its IPO to 2021.