RunTitle raises $8 mln

RunTitle said Friday it raised $8 million in Series A financing led by Founders Fund. Aubrey McClendon’s Deep Fork Capital, existing investor Austin Ventures, and several individuals also participated. Austin-based RunTitle is an oil and gas data startup.


Prosper Marketplace buys VC-backed BillGuard

According to a blog post on its site, Prosper Marketplace has acquired Israel-based personal finance company BillGuard. No financial terms were disclosed. BillGuard’s backers included Khosla Ventures, Founders Fund, Innovation Endeavors, Bessemer Venture Partners and IA Ventures.



IVP leads $50 mln funding of Compass

New York-based Compass, a provider of a real estate platform to buy and sell homes, has raised a $50 million round of funding led by Institutional Venture Partners. Also taking part in the round are existing investors Thrive Capital, Founders Fund, 406 Ventures, Advance Publications and individuals Kenneth Chenault (CEO of American Express) and Marc Benioff (CEO of Salesforce.com). The company has now raised $123 million in total funding, including a $40 million Series B round in July 2014.


Unicorn Stemcentrx emerges from stealth

Heavily backed Stemcentrx, a South San Francisco-based developer of cancer therapies, has emerged from stealth and announced it raised a $250 million funding round last month, led by the mutual fund Fidelity Investments. The company, which was first backed by ARTIS Ventures four years ago, has now raised $500 million in funding and is reportedly valued at $3 billion. Other investors include Founders Fund.


Founders Fund backs Modumetal

Seattle-based Modumetal, a producer of nanolaminated metals and materials, has secured undisclosed funding. The investors included Founders Fund, Chevron Technology Ventures, BP Ventures and ConocoPhillips.


ZocDoc snaps up $130 mln

New York City-based ZocDoc, an online medical care scheduling service, has secured $130 million in funding. Baillie Gifford and Atomico led the round with participation from return backer Founders Fund.


Founders Fund leads $50 mln round in Radius

San Francisco-based Radius, a provider of business-to-business predictive marketing software, announced it has raised a $50 million round led by Founders Fund. Formation 8, Glynn Capital Management, Jerry Yang’s AME Cloud Ventures, Salesforce Ventures, BlueRun Ventures and Yuan Capital also participated in the round.


Visa backs VC-backed payments startup Stripe

Visa Inc has made an undisclosed investment in Stripe, a mobile and online payment provider. According to Crunchbase, Stripe’s backers include Sequoia Capital, Thrive Capital, Founders Fund, Khosla Ventures, Andreessen Horowitz and General Catalyst Partners.


Zesty collects $17 mln Series A

San Francisco-based Zesty, a healthy food delivery service, has secured $17 million in Series A funding, the company announced in a blog post on its site. Index Ventures led the round with participation from Founders Fund and Forerunner Ventures.



Formation 8, Foundation Capital co-lead $32.3 mln funding in Bolt Threads

Formation 8 and Foundation Capital have co-led a $32.3 million Series B funding round in Bolt Threads, which makes silk fibers based on proteins found in nature. Founders Fund participated in the funding. Bolt Threads, which has emerged from stealth, has raised a total of $40 million, including a Series A funding led by Foundation Capital.


Collective Health snags $38 mln Series B

San Mateo, California-based Collective Health, a self-insurance platform provider, has raised $38 million in Series B funding. Founders Fund and New Enterprise Associates led the round with participation from Formation 8, Redpoint Ventures, RRE Ventures, Subtraction Capital and Rock Health.


Rakuten invests $300 mln in Lyft

Rakuten Inc. said Thursday it has agreed to buy an 11.9 percent stake in Lyft. Rakuten said it is investing $300 million as lead investor of Lyft’s $530 million series E investment round. Other investors of the E round were not disclosed. San Francisco-based Lyft, a car-sharing app, has received backing from Andreessen Horowitz, Mayfield, Founders Fund, Coatue Management, Third Point Management and Alibaba.


SOLS rakes in $11.1 mln Series B

SOLS, a provider of 3D printing and custom mass-manufacturing technology, has closed $11.1 million in Series B funding. The investors included Founders Fund, Lux Capital, Tenaya Capital and Melo7 Tech Partners. In addition to the funding, SOLS has named Terdema Ussery, president and CEO of the Dallas Mavericks, to its board of directors.

PE HUB Community

Join the 12525 members of PE HUB to make connections, share your opinion, and follow your favorite authors.

Join the Community

Look Who’s Tweeting

PE HUB News Briefs

RSS Feed Widget