7 SF Tech Companies, Including Zumper and SpotOn, Raised $212M+ Last Week

Rental marketplace Zumper raised $60 million, SpotOn pulled in a $50 million Series B, plus more SF funding news from the past week.

Written by Joe Erbentraut
Published on Mar. 16, 2020
san francisco funding
Photo: Shutterstock.

Despite the uncertainty surrounding the spread of COVID-19, a number of San Francisco tech companies announced significant funding rounds last week. Below is the news you might have missed:

Zumper raised $60M. The rental marketplace’s just-announced Series D round was led by e.ventures. Its total funding since its 2012 founding now stands at $150 million. The company is trying to make the process of renting an apartment as simple as reserving a hotel room. [Crunchbase News]

SpotOn pulled in $50M. This payments and software company provides POS hardware and software to small- and medium-sized businesses and appears to be growing, claiming it increased revenue by 150 percent last year. Its Series B funding will help it continue to invest in its product development efforts. [BusinessWire]

Human Interest got $30M. The fintech company is a provider of 401(k)s for startups. This Series C funding round was led by Oberndorf Enterprises and it plans to use the new funding to improve its customer experience through new investments in product and tech. [FinSMEs]

NinjaRMM closed on $30M. Summit Partners led this growth equity round for the cloud-based remote monitoring and endpoint management solution provider. The company plans to use the new funding to release new features and platform improvements. [FinSMEs]

Lightbend raised $25M. The software company is behind OSS application frameworks Akka, Play and Lagom and the programming language Scala. Akka is used by developers at companies including PayPal, Fortnite-maker Epic Games, Capital One and Verizon. The funding round was led by Dell Technologies Capital. [VC News Daily]

UrbanLeap got $4.2M. The software company’s marketplace and discovery solution helps governments connect with technology companies and bring more innovation to their work. The seed funding round was led by StageOne Ventures. [FinSMEs]

Assembled raised $3.1M. This seed funding round was led by Stripe, where its founding team was previously employed. The company is coming out of stealth mode to provide a platform that helps customer support teams succeed. [TechCrunch]

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