February 22, 2021
Last week, Brex applied for a bank charter and hired Bruce Wallace to head its new Brex Bank initiative.
Coinbase completed several secondary transactions with the highest trade completed at $373 per share, which valued the company at $100 billion.
GoPuff acquired Fancy, a UK based micro fulfillment delivery firm.
Marqeta confidentially filed documents for its upcoming IPO.
SpaceX raised $850 million at a $74 billion valuation.
February 15, 2021
Last week, Coupang filed its S1 for its upcoming IPO
Reddit raised $250 million at a $6 billion valuation.
SentinelOne planned to acquire Scalyr, a startup that developed a logging analytics and management suite, for $155 million.
ZocDoc raised $150 million in a new funding round.
February 9, 2021
Last week, 23andMe planned to be acquired by VG Acquisition Corp, a SPAC, in a deal that the values the the company at $3.5 billion.
Automattic acquired Parse.ly, a content analytics startup.
Knotel filed for bankruptcy.
UiPath raised $750 million at a $35 billion valuation.
February 1, 2021
Last week, Databricks was raising $2 billion at a valuation between $27 billion and $29 billion.
DataStax acquired Kesque, a cloud messaging platform that is used to stream data between enterprises.
Didi Chuxing raised an additional $300 million for its autonomous driving unit.
Nubank raised $400 million at a $25 billion valuation.
Robinhood raised $3.4 billion in new funding to meet regulatory requirements related to users’ trading activity and expand its financial literacy initiatives. Its user trading volume increased significantly following the Reddit-fueled rally of select stocks including AMC and GameStop. Robinhood received criticism following the decision to limit customer’s trading activity in these stocks after drawing on between $500 million and $600 million in credit lines to meet higher margin requirements.
Qualtrics raised $1.55 billion in its IPO at roughly a $15 billion valuation.
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.