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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Human Interest raises $200M at unicorn valuation, preps for IPO
, a startup that provides employee 401(k) plans to small and medium-sized businesses, raised $200 million in a Series D funding round and hired former CFO in preparation for an IPO.
The Series D was led by , Â impact investing platform, and joined by 2.
The latest round, six months after Human Interest’s Series C, was at a $1 billion valuation, the company said.
New investor and existing investors including , , , , , Ìý²¹²Ô»å also participated.
FullStory raises $103M at $1.8B valuation
Atlanta-based , a digital experience analytics platform, raised just over $100 million in Series D funding at a $1.8 billion valuation. led the financing, joined by FullStory’s existing investors.
Apax merges three tech providers to nonprofits into $2B company
Private equity firm announced that it has merged three companies providing technology to nonprofits into a single entity.
The merger includes one existing portfolio company, , a provider of employee engagement, grants management and corporate social responsibility software that Apax acquired in June. Apax said it has reached agreements to acquire , a provider of fundraising software, from and , a provider of case management software, from .
The combined company will have an enterprise value of $2 billion.
Enterprise software
• Yellow.ai lands $78M: San Francisco-based , a customer experience automation platform, raised $78 million in a Series C round led by . The company’s platform allows enterprises to build chatbots and voice bots in over 100 languages to automate functions like customer support, customer engagement and employee experience.
— Joanna Glasner
• Email app Superhuman closes $75M round: San Francisco-based email startup has closed a new $75 million round led by , with participation from and several individual investors. Founded in 2014, the company has now raised $126 million in total funding. Superhuman tries to make email faster, allowing messengers to undo sent messages, send follow-up reminders, and schedule meetings faster. The company plans to use the new funding to bring its product to more platforms — it currently works with Gmail and iOS — and expand into the enterprise sector. The company also announced new integrations with companies such as , and .1
— Chris Metinko
New funds
Craft announces two new funds: San Francisco-based venture firm announced the closing of two new funds — its $612 million Craft Ventures III, as well as its $510 million Craft Ventures Growth I, the firm’s first growth fund.
The company will use the new funds to continue to invest in both early-stage and growth-stage SaaS and marketplace companies. Some unicorns the firm has backed in the past include , and .
Craft now has $2 billion of total assets under management.
— Chris Metinko
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