The Funding Letter #248: October 29

Nuvation Bio, PeerStreet, Tiqetse, and more....

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Good Morning! This edition of The Funding Letter comes to you from our headquarters in New York City.


Hit the Gong 🎉

It’s Halloween week!! Having any fun costume parties in the office? Send us your best fits and we’ll Postmates your whole team a bunch of Halloween candy, on us. We will also share our favorites in The Funding Letter!

Source: GIPHY

Daily Deals 💸


Nuvation Bio is a privately-held biopharmaceutical company currently operating in stealth mode that is focused on the development of next-generation therapies that will target the foremost unmet needs in oncology. View on Linkedin.

New Funding Raised: $275M, Series A

Round Investors: Omega Funds (lead), Aisling Capital, Altitude Life Science Ventures, EDBI

HQ: New York, NY

Industry: Pharmaceuticals

Employee Count: 20

PeerStreet is a crowdfunding platform that gives investors easy access to high-yielding loans that are collateralized with real estate. View on Linkedin.

New Funding Raised: $60M, Series C

Round Investors: Colchis Capital Management (lead), Andreessen Horowitz, Thomvest Ventures, World Innovation Lab (WiL)

HQ: Los Angeles, CA

Industry: Real Estate

Employee Count: 206

Tiqets is an innovative ticketing platform that is revolutionizing the way visitors discover, buy and use tickets for museums, shows, and attractions. View on Linkedin.

New Funding Raised: $60M, Series C

Round Investors: Airbnb (lead)

HQ: Amsterdam, Netherlands

Industry: Internet

Employee Count: 212 (⚡14% increase in last 6 months)

Aviatrix Systems is building the enterprise cloud backbone, by delivering the simplicity, performance and scale required for enterprises moving to the cloud. View on Linkedin.

New Funding Raised: $40M, Series C

Round Investors: CRV (lead), Formation 8, Ignition Partners, Liberty Global Ventures

HQ: Palo Alto, CA

Industry: Computer Software

Employee Count: 83 (⚡50% increase in last 6 months)

PierianDx is catalyzing global adoption of genomic sequencing in healthcare by empowering physicians in the laboratory and clinic to more effectively diagnose and treat patients with cancer and other complex diseases. View on Linkedin.

New Funding Raised: $27M, Series B

Round Investors: ATW Partners (lead), SJF Ventures (lead), Inova Health System, RTI International

HQ: Saint Louis, MO

Industry: Information Technology & Services

Employee Count: 138 (⚡23% increase in last 6 months)

BURST Oral Care is the most affordable, subscription oral care company recommended by dental professionals. View on Linkedin.

New Funding Raised: $20M, Series Undisclosed

Round Investors: Volition Capital (lead)

HQ: Venice, CA

Industry: Consumer Goods

Employee Count: 336

Kira Biotech is an emerging Australian biotechnology company developing novel immunomodulatory compounds for the treatment of immune system disorders. View on Linkedin.

New Funding Raised: $20M, Series A

Round Investors: OneVentures (lead), IP Group Plc, Queensland Business Development Fund

HQ: Fortitude Valley, Australia

Industry: Biotechnology

Employee Count: 4

1906’s mission is to create a new category of premium edibles, marrying the benefits of cacao, cannabis, and ethnobotanical ingredients, designed to appeal to responsible, informed, health-conscious adults. View on Linkedin.

New Funding Raised: $18M, Series Undisclosed

Round Investors: Navy Capital (lead)

HQ: Denver, CO

Industry: Consumer Goods

Employee Count: 23

Scratch Financial is the nation's largest provider of simple, pet-friendly payment plans for veterinary care. View on Linkedin.

New Funding Raised: $15M, Series B

Round Investors: Companion Fund (lead), FJ Labs, Struck Capital, TTV Capital

HQ: Pasadena, CA

Industry: Financial Services

Employee Count: 35 (⚡62% increase in last 6 months)

Sensely leverages natural user interfaces to intelligently connect insurance plan members with healthcare advice and services. View on Linkedin.

New Funding Raised: $15M, Series Undisclosed

Round Investors: Aflac Corporate Ventures (lead), Chengwei Capital, Mojo Partners, Nippon Life Insurance Company of Japan

HQ: San Francisco, CA

Industry: Hospital & Health Care

Employee Count: 12

Platforme is setting the new standard for made-to-order production by powering at scale customization, personalization and digital collections across industries. View on Linkedin.

New Funding Raised: $12M, Series Undisclosed

HQ: Porto, Portugal

Industry: Internet

Employee Count: 34

Socially Determined is a healthcare technology and analytics startup focused on measuring the impact of the social determinants of health (SDOH). View on Linkedin.

New Funding Raised: $7.3M, Series A

Round Investors: 3M, LRVHealth, OSF HealthCare, ProMedica Health System

HQ: Washington, DC

Industry: Hospital & Health Care

Employee Count: 22

Fireflies.ai generates automated meeting notes from phone conversations. View on Linkedin.

New Funding Raised: $5M, Series A

Round Investors: Canaan Partners (lead), April Underwood, Armando Mann, Bill Macaitis

HQ: San Francisco, CA

Industry: Computer Software

Employee Count: 18

mPower Technology is shaping the future of solar with a revolutionary new technology called DragonSCALEs, a completely flexible, interconnected mesh of miniature solar cells. View on Linkedin.

New Funding Raised: $2.5M, Series A

Round Investors: Sun Mountain Capital (lead)

HQ: Albuquerque, NM

Industry: Defense & Space

Employee Count: 5

Discover Film is changing the world of entertainment by making the exciting genre of short film mainstream. View on Linkedin.

New Funding Raised: $2M, Series A

HQ: London, United Kingdom

Industry: Entertainment

Employee Count: 10


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Thanks for reading! We’ll be back tomorrow with more announcements.