💰The Funding Letter #752: October 1

Betterment, AlphaSense, Reachdesk, and more…

What is this? The Funding Letter is the most comprehensive new-financing newsletter & lead generation tool, built for salespeople, by salespeople. Daily Letters are sent hours before every other announcement newsletter, so you’re tipped off before your competitors’ outreach emails flood your decision-maker’s inbox. Learn more about the power of funding announcements here.

We provide the account details that matter most to you and your prospecting efforts. No journalism jargon, no marketing copy. Just the information you need to reduce hours of time in wasted busywork. We also highlight the best Sales Gigs in the business, for sellers looking toward their next challenge.

Forwarded this Letter? ✅ Sign up here. Like this Letter? Please share it with your fellow salespeople/friends/family/more! Or, follow us on LinkedIn!


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


Hit the Gong 🎉

A post shared by B. A. N. T. (@sales_bant_er)
Source: @sales_bant_er

Daily Deals 💸


🌎 Americas


Betterment offers a globally diversified portfolio of index-tracking exchange-traded funds with personalized advice in a goal-based investing framework, enabling customers to open and customize regular investment accounts, trust accounts, and accounts for retirement income. View on: LinkedIn.com | Sales Navigator.

New Funding Raised: $60M, Series F

Round Investors: Treasury (lead), Kinnevik, Bessemer Venture Partners, Francisco Partners

Press: Bloomberg, PR Newswire

HQ: New York, NY

Industry: Financial Services

Employee Count: 393


Konfío is an online lending platform that combines data and technology to measure creditworthiness in a matter of minutes, enabling small businesses to grow their operations and develop their businesses with competitive rates. View on: LinkedIn.com | Sales Navigator.

New Funding Raised: $110M, Series E

Round Investors: Tarsadia Capital (lead), QED Investors (lead), Softbank, VEF

Press: PYMNTS.com, LABS

HQ: Mexico City, Mexico

Industry: Financial Services

Employee Count: 664 (⚡46% increase in last 6 months)


Perfect Day works with food and dairy companies to deliver high-quality protein, delicious, and sustainable products that are made using flora fermentation instead of animals. View on: LinkedIn.com | Sales Navigator.

New Funding Raised: $350M, Series D

Round Investors: Temasek (lead), Canada Pension Plan Investment Board (lead), Horizons Ventures, SK

Press: PR Newswire, Food Dive

HQ: Emeryville, CA

Industry: Food & Beverages

Employee Count: 196 (⚡13% increase in last 6 months)


AlphaSense has developed a financial search engine that uses a blend of advanced linguistic search and natural language processing algorithms for better insight, enabling researchers to search, navigate, set alerts, and analyze filings. View on: LinkedIn.com | Sales Navigator.

New Funding Raised: $180M, Series C

Round Investors: Viking Global Investors (lead), Goldman Sachs, Morgan Stanley, Citi

Press: 

HQ: New York, NY

Industry: Information Technology & Services

Employee Count: 518 (⚡27% increase in last 6 months)

🔥Open Sales Gigs: Currently Hiring


Alloy provides identity verification APIs and dashboards that help financial institutions integrate multiple sources of data and custom CIP rules to both increases the number of customers and improve transparency into the process. View on: LinkedIn.com | Sales Navigator.

New Funding Raised: $100M, Series C

Round Investors: Lightspeed Venture Partners (lead), Canapi Ventures, Bessemer Venture Partners, Avid Ventures

Press: Forbes, Finextra

HQ: New York, NY

Industry: Financial Services

Employee Count: 127 (⚡48% increase in last 6 months)

🔥Open Sales Gigs: Currently Hiring


Materialize is the developer of an SQL-materialized view engine that provides instant query results from the streaming data cluster, enabling users to declare materialized views in ANSI-standard SQL, and keeping them updated within milliseconds. View on: LinkedIn.com | Sales Navigator.

New Funding Raised: $60M, Series C

Round Investors: Redpoint Ventures (lead), Kleiner Perkins, Lightspeed Venture Partners

Press: VentureBeat, FinSMEs

HQ: New York, NY

Industry: Computer Software

Employee Count: 36 (⚡24% increase in last 6 months)


Zero Hash offers a post-trade settlement utility to bridge a fragmented market of diverse execution platforms, enabling clients to get secure custody of both fiat and digital assets through its wide banking network and encryption and private key storage infrastructure. View on: LinkedIn.com | Sales Navigator.

New Funding Raised: $35M, Series C

Round Investors: Point72 Ventures (lead), NYCA Partners, DriveWealth

Press: GlobeNewswire, CoinDesk

HQ: Chicago, IL

Industry: Financial Services

Employee Count: 34 (⚡113% increase in last 6 months)


Expansion Therapeutics is focused on the discovery and development of ribonucleic acid targeted small molecule medicines, enabling medical companies to provide satisfactory treatment options. View on: LinkedIn.com | Sales Navigator.

New Funding Raised: $80M, Series B

Round Investors: Cormorant Asset Management (lead), Westlake Village BioPartners, Surveyor Capital, Logos Capital

Press: Business Wire, FinSMEs

HQ: Jupiter, FL

Industry: Biotechnology

Employee Count: 16


Activ Surgical is a digital surgery pioneer, conducting autonomous robotic surgery of soft tissue and building hardware-agnostic surgical software that allows surgical systems to collaborate with surgeons. View on: LinkedIn.com | Sales Navigator.

New Funding Raised: $45M, Series B

Round Investors: Cota Capital (lead), BAM Funds, Magnetar Capital, Mint Ventures

Press: TechCrunch, Business Wire

HQ: Boston, MA

Industry: Medical Device

Employee Count: 50


Reachdesk is a direct mail and corporate gifting software platform helping companies to easily reach prospects and customers using 1-1 personalized Direct Mail. View on: LinkedIn.com | Sales Navigator.

New Funding Raised: $43M, Series B

Round Investors: Highland Europe (lead), Highland Capital, HubSpot Ventures, RLC Ventures

Press: TechCrunch, Business Wire

HQ: New York, NY

Industry: Internet

Employee Count: 125 (⚡74% increase in last 6 months)

🔥Open Sales Gigs: Currently Hiring


Tonic.ai develops a synthetic data generator that mimics production data, creates subsets, and generates data for further QA, testing, and analysis, providing integration of its product with open source and commercial databases. View on: LinkedIn.com | Sales Navigator.

New Funding Raised: $35M, Series B

Round Investors: Insight Partners (lead), GGV Capital, Bloomberg Beta, Octave

Press: TechCrunch, VentureBeat

HQ: San Francisco, CA

Industry: Computer Software

Employee Count: 44 (⚡113% increase in last 6 months)

🔥Open Sales Gigs: Currently Hiring


MaestroQA has developed a customer service quality management platform that tracks application usage, feedback, user psychology, and analytics of customer experience, enabling managers to empower agents with real-time feedback, granular insight into agent performance, and pinpointed coaching. View on: LinkedIn.com | Sales Navigator.

New Funding Raised: $25M, Series A

Round Investors: Base10 Partners (lead), Talkdesk Ventures, Itai Tsiddon, Tokyo Black

HQ: New York, NY

Industry: Computer Software

Employee Count: 56 (⚡24% increase in last 6 months)

🔥Open Sales Gigs: Currently Hiring


🌎 EMEA


ContractPodAi is a web and mobile app for on-demand delivery of building materials and equipment for the home improvement and construction industries. View on: LinkedIn.com | Sales Navigator.

New Funding Raised: $115M, Series C

Round Investors: SoftBank Vision Fund 2 (lead)

Press: Reuters, VentureBeat

HQ: London, England

Industry: Information Technology & Services

Employee Count: 167 (⚡23% increase in last 6 months)


Schüttflix’s ordering application connects suppliers and truckers directly with customers in landscaping and the heavy construction industry, enabling businesses to deliver bulk goods cheaply and without any hassles to the construction site. View on: LinkedIn.com | Sales Navigator.

New Funding Raised: $50M, Series A

Round Investors: Draper Esprit (lead), HV Capital, Speedinvest, STRABAG

Press: Silicon Republic

HQ: Gütersloh, Germany

Industry: Information Technology & Services

Employee Count: 106 (⚡71% increase in last 6 months)

🔥Open Sales Gigs: Currently Hiring


Tasq.ai is a Visual Data Platform empowering Data Science and ML teams to create high-quality training datasets for AI developments by breaking down complex scenarios to numerous micro-tasks for human annotation and verification. View on: LinkedIn.com | Sales Navigator.

New Funding Raised: $4M, Seed

Round Investors: Shai Dekel

Press: FinSMEs, VentureBeat

HQ: Tel Aviv, Israel

Industry: Computer Software

Employee Count: 19


Sales Gigs 🏆

🚀 Gigs (New!)


Sick of us? You can unsubscribe below ⬇️