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Happy Friday! This edition of The Funding Letter comes to you from our headquarters in New York City.
Hit the Gong 🎉
Happy December! With the holiday season upon us and Q4 ending quickly, starting new conversations and closing deals can get more and more difficult; the dreaded “we’re swamped, let’s reconnect in the new year” response is all too familiar to us, leading to missed quotas and unmet goals.
We want to hear from you: what tactics do your teams use to push through these timing objections and close out the year with success?
Source: GIPHY
Daily Deals 💸
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Chime is the fastest growing challenger bank in the U.S., helping its members avoid bank fees, save money automatically, and lead healthier financial lives. View on Linkedin.
New Funding Raised: $500M, Series E
Round Investors: DST Global (lead), General Atlantic, ICONIQ Capital
Press: CNBC, Forbes Magazine, PYMNTS
HQ: San Francisco, CA
Industry: Financial Services
Employee Count: 287 (⚡22% increase in last 6 months)
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Wildlife Studios is one of the leading mobile game developers and publishers in the world, with gaming titles that have been downloaded over 2 billion times. View on Linkedin.
New Funding Raised: $60M, Series A
Round Investors: Benchmark (lead)
Press: VentureBeat, GamesIndustry, MontrealTimes
HQ: Sao Paulo, Brazil
Industry: Information Technology & Services
Employee Count: 413 (⚡36% increase in last 6 months)
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Ogury is the creator of the first marketing engine driven by user choice. View on Linkedin.
New Funding Raised: $45M, Series Undisclosed
Round Investors: Idinvest Partners (lead)
Press: PR Newswire, Built In NYC, Business Insider
HQ: London, United Kingdom
Industry: Marketing & Advertising
Employee Count: 412
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Suvoda is a leading SaaS solution for patient randomization and clinical trial supply management. View on Linkedin.
New Funding Raised: $40M, Series Undisclosed
Round Investors: LLR Partners
Press: ACBJ
HQ: Conshohocken, PA
Industry: Pharmaceuticals
Employee Count: 307
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Thrasio is one of the fastest-growing acquirers of Amazon third-party FBA brands. View on Linkedin.
New Funding Raised: $20M, Series A
Round Investors: PEAK6 Investments (lead), Upper90 (lead), WTI
Press: Markets Insider, FinSMEs
HQ: Walpole, MA
Industry: Retail
Employee Count: 76 (⚡97% increase in last 6 months)
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Medicus AI is an AI-based platform that converts health data into an interactive experience with easy-to-understand explanations, personalized health insights and smart wellbeing coaching. View on Linkedin.
New Funding Raised: $20M, Series B
Round Investors: Sunhope Capital (lead)
HQ: Vienna, Australia
Industry: Health, Wellness & Fitness
Employee Count: 71
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Cyberhaven develops unique data tracing technology for reconstructing data flows, in order to automatically identify and secure all critical assets within enterprises. View on Linkedin.
New Funding Raised: $13M, Series A
Round Investors: Costanoa Ventures (lead), Vertex US (lead)
Press: ZDNet, VentureBeat, Mash Viral
HQ: Boston, MA
Industry: Computer & Network Security
Employee Count: 28
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Cora is a financial platform focused on simplifying the financial management of small and medium businesses. View on Linkedin.
New Funding Raised: $10M, Series A
Round Investors: Kaszek Ventures (lead), Ribbit Capital
Press: TechCrunch
HQ: Sao Paulo, Brazil
Industry: Financial Services
Employee Count: 47
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Skyports connects the world through the skies, by owning and operating infrastructure for urban aviation and managing end-to-end drone deliveries. View on Linkedin.
New Funding Raised: $7M, Series A
Round Investors: Deutsche Bahn Digital Ventures (lead), Groupe ADP (lead), Levitate Capital
Press: Urban Transport News, FinSMEs, Business Aviation News
HQ: London, United Kingdom
Industry: Aviation & Aerospace
Employee Count: 10
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Apostrophe’s mission is to expand access to dermatology services by making them convenient and affordable. View on Linkedin.
New Funding Raised: $6M, Seed
Round Investors: SignalFire (lead), FJ Labs
Press: TechCrunch
HQ: Oakland, CA
Industry: Health, Wellness & Fitness
Employee Count: 48
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Bond Pet Foods makes pet food from real animal protein, without using animals, developed by some of the world's most progressive veterinarians, scientists and technologies. View on Linkedin.
New Funding Raised: $1.2M, Seed
Round Investors: Lever VC (lead), Agronomics, Andante Asset Management, KBW Ventures
Press: Startup Around, AgFunderNews, VC News Daily
HQ: Nederland, CO
Industry: Biotechnology
Employee Count: 15
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Sales Gigs 🏆
Github is hiring 1-2 new Outbound SDRs for its San Fransisco team.
Bennie is hiring new SDRs and new AEs for its New York City team.
Hibob is also hiring new SDRs and new AEs for its New York City team.
Is your team hiring new SDRs/AEs/BDs? Let us know! Our audience is scaling quickly, with thousands of sellers from Silicon Valley to New York City reading The Funding Letter daily. Let us help grow your team with experienced, hungry sellers by promoting your job postings in The Funding Letter. Simply email us your job postings at team@fundingletter.com and we’ll be in touch.
Questions? ☎️
If you know any companies raising funding or have any insights/feedback for how we can improve, please email us at team@fundingletter.com! We use your direct feedback to make immediate, daily updates, so we’re all ears.
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