Creator-focused social platform Plutus has secured an undisclosed investment from the Silicon Valley-based venture capital firm, Andreessen Horowitz (a16z) in its seed round, according to ETtech report. This marks a16z’s second investment in India, following its bet on cryptocurrency trading startup Coinswitch Kuber in October 2021. Founded in June 2021 by Karata Dasmahapatra, Shivanshu Tyagi…
Tag: Andreessen Horowitz
Medley raises $3.7M seed round led by Andreessen Horowitz
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•Medley, a platform for personal and professional growth, has announced their $3.7M funding round led by Connie Chan and Anne Lee Skates of Andreessen Horowitz, with participation from Aglaé Ventures, Foundation Capital, artist Ciara Wilson, Away CEO and co-founder Jen Rubio, Peloton SVP, Head of Global Marketing & Communications Dara Treseder, and Sanyin Siang, the…
Whatnot raises $150M in series C funding
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•Whatnot, the live stream shopping platform and marketplace for collectors and enthusiasts, has announced that it has raised $150M in Series C from returning investors Andreessen Horowitz, YC Continuity, and new investor CapitalG. They join angel investors Andre Iguodala, Logan Paul, Gokul Rajaram, Nilam Ganenthiran and others in investing in the company, bringing the company’s…
Doxel raises $40 million from Insight Partners
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•Doxel, a software start-up providing the first computer-vision-powered predictive analytics solution for the construction industry, has announced the closing of $40 million in Series B financing – bringing its total funding to $56.5 million. The investment, led by New York-based global private equity and venture capital firm, Insight Partners, with participation from existing investors Andreessen…
Queenly Raises $6.3M in Funding Led by Andreessen Horowitz
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•Queenly, a marketplace and search engine for the formalwear industry, has announced that it raised $6.3 million in funding led by Andreessen Horowitz, bringing their total funding to date to $7.1 million. The recent funding from the venture capital firm Andreessen Horowitz will help the company grow their team to keep up with industry demand…
NYC Creator Economy Startup Pietra Raises $15M
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•Pietra has announced it has raised $15M in a Series A funding round led by Founders Fund with participation from Andreessen Horowitz, TQ Ventures, Abstract Ventures and other strategic investors. The capital injection will be used to grow the internal team, expand the platform and supplier marketplace. “I’m a firm believer that anyone with entrepreneurial…
Waymo raises $2.5 billion in first fresh funding in a year
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•Alphabet’s Waymo has announced that it has raised $2.5 billion in first fresh funding in a year. The latest investment round saw participation from Alphabet, Andreessen Horowitz, AutoNation, Canada Pension Plan Investment Board, Fidelity Management & Research Company, Magna International, Mubadala Investment Company, Perry Creek Capital, Silver Lake, funds and accounts advised by T. Rowe…
Whatnot raises $50M Series B led by Y Combinator Continuity
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•Whatnot announced it has raised $50M in Series B funding, led by Anu Hariharan from Y Combinator Continuity, with participation from Andreessen Horowitz. They join investors Animal Capital (Josh Richard, Noah Beck & Marshall Sandman), musicians Ryan Tedder and DJ Skee with Mint 10, NFL players DeAndre Hopkins and Bobby Wagner, and Jeremy Padawer, among…
Maven Raises $20 Million in Series A Funding Led by Andreessen Horowitz
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•Maven, a platform for cohort-based courses created by the founders of Udemy, altMBA, and Socratic, has announced $20 million in Series A funding led by Andreessen Horowitz. Founded by Gagan Biyani, Wes Kao, and Shreyans Bhansali, Maven centralizes the suite of tools needed to create and run a cohort-based course so that instructors can focus…
WorkBoard raises $75 mn in Series D round led by SoftBank Vision Fund 2
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•WorkBoard, the corporate results platform and OKR, announced that the company has received additional growth funding of $ 75 million. SoftBank Vision Fund 2 led the round, and the existing investors Andreessen Horowitz, GGV Capital, Workday Ventures and M12 – Microsoft’s Venture Fund participated alongside the new investors Capital One Ventures and SVB Capital. WorkBoard…
Deel Raises $156M Series C Funding, Reaches Unicorn Status
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•Deel, the international payroll company shattering hiring barriers worldwide, announced that it has raised $156 million in Series C funding led by the YC Continuity Fund and has welcomed Ali Rowghani to its board. The round was co-led by existing investors Andreessen Horowitz and Spark Capital. Dara Khosrowshahi, Lachy Groom, Jeffrey Katzenberg, Jeff Wilke, and…
Reddit raises $250 mn in Series E round at $6 bn valuation
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•Reddit has raised $250 million in Series E funding led by venture capital firm Vy Capital. Other investors include Andreessen Horowitz, Sequoia Capital and Tencent. The company will use the funding to make strategic investments in areas such as video, advertising, consumer products and international expansion. The proceeds will also be used to double its…
Rocketship.vc raises $100 mn for second fund to help democratize access to Venture funding for Founders everywhere
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•Rocketship.vc, a Silicon Valley-based early-stage venture capital firm which has invested in Indian startups such as NoBroker and Moglix, announced that it has raised $100 million for its second fund. “Today, we’re excited to announce that we have closed our second fund – totaling $100 million – to help us democratize access to venture funding…
Fivetran raises $100mn in Series C funding led by General Catalyst and Andreessen Horowitz
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•Automated data integration provider, Fivetran recently announced that it has raised $100mn in Series C financing, led by Andreessen Horowitz (a16z) and General Catalyst. The funding round also saw participation from existing investors CEAS Investments and Matrix Partners. The company said it will use the funding to accelerate global expansion, drive adoption in the enterprise…
Journera raises $11.6 mn Series B funding led by Andreessen Horowitz, B Capital
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•Journera, a US-based travel technology company developing Experience Management Platform for the travel industry, announced that it has raised $11.6 million Series B funding led by Andreessen Horowitz and B Capital. Existing investors Pritzker Group Venture Capital and The Boston Consulting Group also participated in the funding round. Journera was co-founded by BCG and Jeffrey…