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Briefing

The Briefing: Human Interest Raises $200M Ahead Of IPO, FullStory Fills Up With $100M, And More

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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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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 ,  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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  1. Salesforce Ventures is an investor in ¸½½üÉÏÃÅ. It has no say in our editorial process. For more, head here.

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