Despite the coronavirus pandemic, five San Francisco startups kicked off a new month by announcing new funding last week. Led by all-in-one workspace provider Notion’s $50 million round, the companies raised a total of nearly $100 million in new venture capital.
Notion raised $50M. The company offers a workplace productivity platform. The new capital from Index Ventures and other investors brings its total funding to $67 million and brings its total valuation to $2 billion. Its competitors include Microsoft’s OneNote and Confluence. [New York Times]
Orion Labs got $29M. The Series B round was led by Dell Technologies Capital. The company provides an enterprise communication and automation platform for frontline workers. It also just named Gregory P. Taylor (formerly the president of HighQ) as its CEO and founder Jesse Robbins as executive chairman. [Crunchbase News]
Slync.io raised $11M. The AI-powered global logistics operating system’s Series A round was led by Blumberg Capital. The company plans to use the funding to grow its team and customer base. Its customers include Kuehne + Nagel and DHL. [FinSMEs]
Pulse closed on $6.5M. The startup’s Series A round was led by AV8 Ventures and the new funding brings its total capital raised to $10.5 million. The company’s platform helps product marketers get a “pulse” on the potential marketability for their new products by offering polling of a community of 15,000 vetted CIOs. The company also announced its newest product: Product IQ. [TechCrunch]
Plum Lending raised $2M. The commercial real estate lending fintech company landed new funding from Resolute Capital Partners, joining previous investors Soft Bank and Elliott Management. The company uses data intelligence to provide users with expertise on financing properties in various stages of development. [FinSMEs]
