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Here’s what you need to know today in startup and venture news, updated by the ¸½½üÉÏÃÅ News staff throughout the day to keep you in the know.

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Stockholm’s Kry picks up $317M for telehealth

Stockholm-based telehealth provider raised Ìý262 million euros ($317 million) in a Series D funding round led by and .

Founded in 2015, Kry previously raised around $252 million in funding, per ¸½½üÉÏÃÅ data. The latest financing follows a period of sharp growth for Kry, which reportedly saw business double in 2020.

— Joanna Glasner

Funding rounds

Current raises $220M for mobile banking: Mobile banking provider Ìýhas raised $220 million in a Series D round led by . The financing reportedly sets a $2.2 billion valuation for the 6-year-old, New York-based company.

Clio gets $110M for legal tech:Ìý, a Vancouver-based provider of cloud-based tools for law firms to use in running their practices, raised $110 million in a Series D funding round led by and .

— Joanna Glasner

Enterprise software

Databook closes Series B led by M12: Palo Alto, California-based raised a $16 million Series A funding led by — venture fund. The round also included participation from and seed investors , and . The company develops software to help sales people engage customers and track the progress of the sales cycle. The company realized 300 percent year-to-year growth and has now raised a total of $22 million to date.

— Chris Metinko

Fintech and e-commerce

Greenlight, Step bank big rounds: and , both fintech companies focused on banking tools for children, raised significant rounds Tuesday. Atlanta-based Greenlight closed on $260 million in Series D funding, led by Andreessen Horowitz, to bring its total funding to more than $550 million and its valuation to $2.3 billion, up from $1.2 billion, the company said.

Palo Alto, California-based Step raised $100 million in a round of Series C funding led by and which includes a number of celebrity backers, including , , , and . The new funding brings the company’s total funding to just under $200 million, according to ¸½½üÉÏÃÅ data.

Both companies are part of a growing trend of fintechs providing tools and education to children and parents to promote healthy saving habits. ¸½½üÉÏÃÅ data shows that in the past five years, investors infused more than $535 million in known funding into these companies.

Placer and FlavorCloud raise rounds for e-commerce tools: , a Los Altos, California-based company developing location analytics and foot traffic data, raised $50 million in Series B funding. The round was led by , and . Meanwhile, Seattle-based , an e-commerce shipping and logistics company, announced a $6.3 million Series A investment round led by to continue scaling and growing its cross-border transaction platform.

— Christine Hall

Health care

Sesame, CareStack, Impact Biosystems raise rounds: Direct-pay health care company , raised an additional $24 million to bring the New York-based company’s total capital raised to just under $50 million since its founding in 2019, according to the company. , and led the investment.

, based in Florida, closed on $22.5 million in funding to expand sales and marketing and to support its hiring in the U.S. and India. The company developed a cloud-based technology platform for the dental industry to manage all of their software and daily operations through one platform. Existing investors led the round, including and .

Boston-based sports recovery company closed $4.5 million in seed funding co-led by and . The company’s technology was developed for professional athletes to provide active recovery tools that track the users’ muscle profile and respond in real time to stimulate the recovery process.

— Christine Hall

M&A

DispatchHealth acquires Professional Portable X-Ray: Denver-based , a provider of in-home medical care, announced its of mobile imagine provider. Terms of the deal were not disclosed. The transaction adds six new states to DispatchHealth’s portfolio and enables imaging services in a patient’s home. The growing demand for home health care services is projected to value the market at by 2026, according to . DispatchHealth has raised a total of in known venture-backed funding, according to ¸½½üÉÏÃÅ data.

— Christine Hall

Compass acquires Glide: Newly-public Real estate giant announced plans to acquire startup . Glide, a real estate transaction management platform, is backed by investors including and and marks Compass’ third acquisition so far this year, per ¸½½üÉÏÃÅ data. The tech-enabled real estate brokerage went public earlier this month, raising about $450 million through its IPO.

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