Instacart bags $225M. The latest financing round for the grocery delivery service was led by DST Global and General Catalyst. The company has seen a surge in demand for its service ever since stay-at-home orders were issued around the United States due to COVID-19. The company plans to use the new capital to add new services and features for its shoppers. [Built In SF]
Postman grabs $150M. The new funding for the API development platform brings its total valuation to $2 billion. Microsoft, Intuit and Shopify count themselves among the company’s long list of clients. The company will use the new financing to hire additional staff and continue to expand its product reach. [Built In SF]
DNAnexus raised $100M. The Mountain View data analysis and management platform was created to service life scientists around the world by aiding research efforts and making research data more accessible. The suite of cloud-based services offered by the company provides computer-based infrastructure vital for the completion of DNA sequencing processes. [Built In SF]
Domino Data Lab got $43M. The data science management platform will use the additional capital to develop new features that help businesses accelerate their research and manage data science at scale. The platform is used to aid research efforts at companies like Dell Technologies, Allstate, Lockheed Martin and Bayer, among others. [Built In SF]
Yugabyte grabs $30M. The private “database-as-a-service” platform is available on any public, private or hybrid cloud infrastructure. The round, led by 8VC, will go toward supporting the growth of the company’s open-source project. It counts Kroger, Narvar and Plume among its varied list of clients. [Businesswire]
Transcend raised $25M. The company has built data privacy infrastructure that fully manages personal data, automatically integrates into a client’s database and can handle requests with no human intervention required. The Series A round was led by Index Ventures. [Businesswire]
Alpha Health got $20M. According to the company, Alpha Health provides revenue cycle management teams at health systems with unified automation. The feature can autonomously handle issues surrounding medical reimbursement. The Series A round was led by Andreessen Horowitz. [PRNewswire]
Haus Services locked in $15.75M. The company’s real estate co-investing platform aims to offer liquidity and affordability to homeowners. Haus Services invests alongside homeowners and, in turn, provides them with access to their equity and discounted monthly payments. [VCnewsdaily]
Drop secured $13.3M. The smart kitchen platform allows every appliance in a home kitchen to work seamlessly together. The Series A round was co-led by Alpha Edison and Morpheus Ventures. Instant Brands, Kenwood, and Panasonic count themselves among Drop’s list of clients. [PRNewswire]
Origin grabs $12M. The fintech platform aims to help a company’s employees with their expenses by connecting them with financial planners that can offer advice on everything from building an emergency savings to student debt or finding the right automotive insurance. The round was led by Felicis Ventures, with additional participation from General Catalyst and Founders Fund, among others. [TechCrunch]
