These SF startups show signs of promising new investments in a time of mounting uncertainty for companies across the globe in light of COVID-19.
Noah pulled in $150M. The fintech startup formerly known as Patch Homes announced the closure of its Series B funding round last week. The company plans on using the new funding to fuel its home equity sharing program, which offers homeowners debt-free financing. [Built In SF]
ForgeRock raised $93M. Digital identity solutions provider ForgeRock plans on using its Series E financing to invest in global sales outreach, research and development, and cloud infrastructure. The round was led by Riverwood Capital, along with existing investors Accel, Meritech Capital, Foundation Capital and KKR Growth. [Built In SF]
Miro got $50M. Digital whiteboard platform Miro announced the closure of its Series B funding round led by Iconic Capital with participation from Accel. The company plans to use its new financing in order to develop new features like online meeting functions, product performance upgrades, security and more. [Built In SF]
Digits secured $22M. The fintech startup plans on using its Series B financing to launch Digits for Expenses, an expense monitoring dashboard that provides business owners with a live look at their financial reports. The tool is available free of charge to small businesses. This new capital brings its total funding raised to $32.5 million. [Built In SF]
Vercel raised $21M. The coding development platform formerly known as Zeit plans on using its latest round to streamline technology that makes it easier for developers to collaborate, as well as expand benefits for its remote employees. The round was led by existing investors Accel and CRV. [Built In SF]
Unlearn.AI got $12M. The Series A round was led by 8VC along with participation from Unlearn’s existing investors. The company plans on using the new funding to improve machine learning used in clinical trials. [Built In SF]
Remote raised $11M. The fully distributed HR tech startup just closed on a seed funding round led by Two Sigma Ventures. The company offers a platform that allows users to handle payroll, benefits, taxes and compliance from a single place. It plans to use the new funding to expand its platform and also extend its coverage to 40 new markets by the end of the year. [FinSMEs]
Hugo pulled in $6.1M. Gradient Ventures led the seed funding round for the workplace productivity app. The company’s platform integrates with more than 20 workflow and video conferencing applications and allows teams to share meeting agendas and notes across platforms. The company plans to expand its operations and accelerate its product development. [Built In SF]
