Founded by Jon Staff in 2015, Getaway has now raised a total of $81.8M in total equity funding and is backed by investors that include L Catterton, Starwood Capital Group, Rough Draft Ventures, Fueled, and Ajay Agarwal.Industry: Hospitality, Rental, Rental Property, TravelFounders: Jon StaffFounding year: 2015Total equity funding raised: $81.8M
9. Chronosphere $43.4M
Round: Series BDescription: Chronosphere develops a scalable, reliable, and customizable monitoring solution built for cloud-native applications.
Venture capital firms take calculated risks and adhere to strict guidelines that ensure that if at all a startup was to fail, it would be due to unprecedented market forces and a collective loss with minimal chances of foul play.
Finding Right VC for your Company
At the onset, one must know that the majority of startups applying for venture capital funds will be declined.
According to Business magazine Inc., only a mere 0.62% of startups manage to secure VC funds.
Round: Series CDescription: Melio is a fintech company that gives small businesses a way to digitally manage their business-to-business payments and receivables. Founded by Ilan Atias, Matan Bar, and Ziv Paz in 2018, Melio has now raised a total of $254.0M in total equity funding and is backed by investors that include General Catalyst, Salesforce Ventures, LocalGlobe, Bessemer Venture Partners, and Accel.Investors in the round: Accel, Aleph, American Express Ventures, Bessemer Venture Partners, Coatue, Corner Ventures, General Catalyst, Latitude, Salesforce VenturesIndustry: B2B, Financial Services, FinTech, PaymentsFounders: Ilan Atias, Matan Bar, Ziv PazFounding year: 2018Total equity funding raised: $254.0M
Sources stripe index venturesafe
2) Sequoia Capital
Sequoia Capital, headquartered in Menlo Park, California, is a venture capital firm founded by Don Valentine in 1972. It has a reputation of helping daring founders build legendary companies that make a meaningful difference.
They fund companies in their incubation, early stage, seed stage, and growth stages. Their investment focus is on energy, financials, enterprise, healthcare, internet, and mobile startups.
However, a vast majority of their investments are on behalf of non-profit organizations such as Ford Foundation, Mayo Clinic, and MIT.
Since 1972, Sequoia Capital has funded over 1,000 companies that run businesses worth 22% of NASDAQ.
Sources stripe index ventureshield
The incubation period ends with a ‘demo day’ when startups present their companies to a select audience of investors.
Over the years, Y Combinator is at the forefront of the top venture capital firms, has launched more than 2,000 startups including names like Airbnb, Cruise Automation, DoorDash, Coinbase, Instacart, Dropbox, and Twitch. Y Combinator has recorded 288 successful exits so far.
13) IDG Capital
IDG Capital is a venture capital firm with a global presence and special focus on China.
Tesla MotorsEnergy, Health Care, Information TechnologyVenrock632$2.6 BillionIntel, Apple, DoubleClick, 3Com, Check Point Software, Gilead SciencesAdvertising, Fintech, Hardware, Health care, SecurityViola Ventures205$1.3 BillionOptimalPlus, Outbrain, Clarizen, LiveU, Origami Logic, TapingoVenture CapitalWellington Partners Venture Capital197$700 MillionSpotify, Themis Bioscience, Mapillary, Oxford ImmunotecFinance, Financial Services, Venture CapitalWestern Technology Investment231$3 Billion3PAR, Brocade, Facebook, Google, Youku.comAdvertising, Analytics, Venture CapitalY Combinator2,981Twitch, Carvana, Reddit, HelloSign, Dropbox, MailgunAdvertising, Analytics, Venture Capital
This comprehensive list was gathered from public data online, mainly from sources like Crunchbase, CB insights and others.
In fact, co-founder Waseem Daher started his career as an intern at Amazon). Put simply, Pilot wants to take care of all those back office tasks so companies can focus more on growth and winning business.
Pilot strives to offer an “exceptional customer experience,” which is reflected in the fact that more than 80% of the company’s business is driven by customer referrals and organic interest, according to Daher.
Whale Rock partner Kristov Paulus said that white-glove customer service experience and Pilot’s “carefully engineered” software make a powerful combination.
“We look forward to supporting Pilot in their vision to make back office services as easy-to-use, scalable and ubiquitous as AWS has with the cloud,” he said.
Pilot’s mission reminds me of that of ScaleFactor’s, an Austin-based startup that raised $100 million in a year before itcrashed and burned.
As of 2016, Sequoia Capital is operating through 11 partners globally and manages multiple investment funds specifically in India, SE Asia, Israel, and China. They have offices across the globe in major business hubs such as Menlo Park, Singapore, Bengaluru, Mumbai, New Delhi, HongKong, Shanghai, Beijing, and Tel Aviv. Some of the top names backed by Sequoia Capital include giants such as Apple, Google, Oracle, Nvidia, GitHub, PayPal, LinkedIn, Stripe, Bird, YouTube, Instagram, Yahoo & WhatsApp. Sequoia Capital has recorded 285 successful exits so far.
3) Kleiner Perkins
Kleiner Perkins, set up in 1972, is a venture capital firm founded by four founding partners Eugene Kleiner, Tom Perkins, Frank.J.Caufield, and Brook Byers.
It was formerly known as Kleiner Perkins Caufield & Byers (KPCB).
Founded by Carlos Paniagua, Daniel Michaeli, and Justin DiPietro in 2012, Glia has now raised a total of $107.0M in total equity funding and is backed by investors that include Insight Partners, Entrepreneurs Roundtable Accelerator, Tola Capital, Wildcat Capital Management, and Temerity Capital Partners.Investors in the round: Donald Brown, Insight PartnersIndustry: Customer Service, Information Technology, SaaSFounders: Carlos Paniagua, Daniel Michaeli, Justin DiPietroFounding year: 2012Total equity funding raised: $107.0MAlleyWatch’s exclusive coverage of this round: Glia Raises Another $78M for its Interactive Digital Customer Service Platform
Checkout startup Fast is shutting down, the company’s CEO said in statements posted on the company’s website Tuesday, abruptly shuttering a business that had lured $124 million in investments since its founding three years ago.
“After making great strides on our mission of making buying and selling frictionless for everyone, we have made the difficult decision to close our doors,” Fast CEO Domm Holland said in the statements. “While you’ll no longer see the Fast button at checkout, we are incredibly proud of the team we assembled and our work to democratize commerce through Fast’s one-click checkout experience.”
A spokesperson for San Francisco-based Fast did not respond to requests for comment beyond sharing a statement from Holland (there were two nearly identical statements posted on the company’s web site for different audiences).