Spanning sectors from fintech and logistics to sales and security, Atlanta tech companies have been developing solutions to modernize the world. Companies spent 2021 fueling these digital innovations and raised some of the year’s largest funding rounds to do so.
With several new unicorns on the scene and companies planning to expand, read on to find out what’s underway in the Peach State Capital.
#10. $95 million, June 16 and November 30
Operating a B2B marketplace for metals, Reibus is working to modernize the industrial materials supply chain. The company secured a $20 million investment led by Canaan and Nosara in June to include additional materials on its platform, build out its product as well as expand into new international markets. With its subsequent Series B round in November led by SoftBank Vision Fund 2, Reibus was equipped with an added $75 million to put toward expanding its tools, services and products. The company also plans to double its 120-person headcount and is currently hiring.
#9. $100 million, January 6
As the world continues to digitally evolve, sales engagement platform Salesloft raised fresh funding to modernize the sales industry. With a new round of funding led by Owl Rock Capital, Salesloft officially achieved unicorn status with a $1.1 billion valuation. Its platform serves enterprise customers with tools to help generate more revenue and better their customer experiences. Salesloft plans to invest in new vertical markets, AI and machine learning-driven insights, product innovation and international expansion.
#8. $103 million, August 4
Enterprise software developer FullStory closed on an oversubscribed Series D round to enhance its digital experience intelligence platform. FullStory works to help teams improve companies’ digital products across web and mobile channels by offering real-time analytics and insights. The funding was led by Permira and allows FullStory to fuel international expansion and product development.
#7. $124 million, April 14 and September 22
With a solution to help restaurants serve customers more quickly and efficiently, sunday operates a web-based platform that allows users to scan QR codes to access menus and pay their bill. The company pulled in a $24 million seed round in April and a $100 million Series A in September to expand its operations around the world. Planning to build out new features like ordering and customer loyalty programs, sunday is hiring new talent to its team across sales, operations and engineering.
#6. $150 million, June 13
On a mission to reduce crime, Flock Safety develops cameras that analyze cars and license plates, serving neighborhoods and law enforcement agencies with an unbiased way to effectively solve crime. Following a year of growth in 2020, the company’s a16z-led Series D minted Flock Safety as a tech unicorn. With cameras active in over 1,200 cities across the country, the company is putting the capital toward building out its team and product suite.
#5. $155 million, March 31 and September 14
Having pulled in a $65 million Series C round led by BOND in March, logistics company Stord is well-equipped to expand its network, grow its team, focus on customer success and develop new products and features. Newly inducted into Atlanta’s unicorn club with its Kleiner Perkins-led $90 million Series D round, Stord serves businesses with an all-in-one platform for warehousing, freight and fulfillment solutions. It also opened a new 386,000-square-foot facility in Atlanta and plans to add new team members across a range of departments like data science and engineering.
#4. $187 million, March 29
Post Road Group and Bain Capital Credit co-led the latest funding round for DC BLOX, a data center operator that works to provide the connectivity and infrastructure needed to power digital businesses. With $285 million in total funding to date, the company is continuing to grow. The capital will go toward refinancing existing credit facilities, adding liquidity to its balance sheet and investing in existing and new data center capacity.
#3. $216 million, April 8 and October 8
Specializing in privacy and security software, OneTrust serves 8,000 companies worldwide with its solution. The company is valued at more than $5 billion following a $210 million investment co-led by SoftBank Vision Fund 2 and Franklin Templeton. The investment is part of the company’s Series C round and opens a strategic position for the company to expand in Asia Pacific markets. OneTrust also raised a $6.4 million round in October, bringing its total funding raise to $926.4 million, according to Crunchbase.
#2. $260 million, April 27
Built with families in mind, Greenlight’s money management platform offers tools to help parents educate their kids in financial literacy. After raising its Series D led by a16z, Greenlight is valued at $1.2 billion. It’s investing the capital in adding new financial services to its platform, fueling strategic distribution partnerships and expanding internationally. It also plans to add 300 employees over the next two years with a focus on engineering. To date, Greenlight has secured more than $550 million in venture funding.
#1. $350 million, January 26
Its platform allows users to easily schedule meetings by sharing a link and displaying available time slots, and it integrates with calendar apps like Google and Office 365, as well as apps like Salesforce and PayPal. One of Atlanta’s unicorns, Calendly is now valued at $3 billion following its latest funding round from investors including OpenView Venture Partners and Iconiq Capital. The money will go toward product innovation and providing liquidity for early shareholders and employees.
Funding data are compiled from SEC filings, press releases, confirmed news reports and other public databases. Funding includes venture capital and private equity announced during 2021, but excludes acquisitions and debt financing.
