Covariant, an AI Robotics company, has announced that it has raised $80 million in Series C funding, bringing its total capitalization to $147 million within two years of the company’s public launch. The round was led by returning investor, Index Ventures, with additional participation of Amplify Partners and Radical Ventures. Covariant also added new global…
Tag: Index Ventures investment
HR platform Personio raises $125 mn in Series D round at a $1.7B valuation
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•Personio, the all-in-one HR platform, announced $125 million of new and preemptive Series D funding in an investment round that values the business at $1.7 billion. The new funding will accelerate the further international expansion of the software company, supporting its ambition of becoming Europe’s leading HR platform for SMEs. It follows a strong year…
Jay Vijayan’s Tekion raises $150 mn Series C funding at $1B+ valuation
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•Tekion, a cloud technology company and provider of SaaS retail operating platform, Automotive Retail Cloud, announced its Series C financing round of $150 million at over a $1 billion valuation. The funding round was led by Advent International, one of the largest and most experienced global private equity investors, with participation from Index Ventures, Exor…
HR technology startup Remote raises $11 mn seed funding to help companies hire talent anywhere in the world
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•Remote, an HR technology startup enabling simplified global employment, announced that it has raised a seed investment of $11 million. The fundraising round was led by Two Sigma Ventures, with participation from Index Ventures, General Catalyst, Liquid2, INKEF Ventures, Remote First Capital, and angel investors from GitLab and HackerOne. The financing will be used to…
Stripe raises $600 mn as fintechs getting a boost due to pandemic
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•Stripe, a U.S. fintech startup, has said it has raised $600 million as companies that are providing financial and payment services via online are witnessing a surge in these times due to the coronavirus pandemic. “The pandemic is accelerating the trend as more customers look to pay without contact and use banking services without stepping…
Double raises $6 mn funding from Index Ventures, Daphni
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•New York-based startup Double has announced it has raised $6 million funding from Index Ventures and paris-based Daphni. The company will use the funds to fuel expansion by delivering services to startup CEOs and investors that matches them with contracted remote assistants, such as managing their email, arranging travel, scheduling meetings and balancing their endless…