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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India’s Meesho raises $570M for e-commerce
Indian social commerce unicorn picked up $570 million in a funding round led by and . The Series F round follows a $300 million round in April.
The latest financing reportedly set a valuation of around $4.9 billion for the Bangalore-based company, which connects suppliers and resellers with potential customers on social media platforms.
— Joanna Glasner
ContractPodAi picks up $115M
London-based , a provider of contract management software for legal professionals, announced it raised $115 million in a Series C funding round led by 2.
The financing pushed up ContractPodAi’s valuation 5x from its previous Series B round in 2019. The round brings total funding to date for the 9-year-old company to around $170 million, per ¸½½üÉÏÃÅ data.
— Joanna Glasner
AI search engine AlphaSense closes $180M Series C
New York-based has closed a $180 million Series C financing round led by and . The round also included , , , , , and , as well as existing investors.
AlphaSense’s market intelligence search engine uses AI to get insights from an assortment of business-related content such as research, conference call transcripts and trade journals. The company has nearly 2,000 enterprise clients—including financial institutions—that use the platform to inform their business decisions.
Founded in 2011, the company has raised nearly $300 million to date, according to ¸½½üÉÏÃÅ data.
— Chris Metinko
Health care
Empathy raises $30M: , an online platform and app offering support to families dealing with the loss of a loved one, raised $30 million in a Series A financing led by . Launched earlier this year, Empathy has now raised $43 million in total funding.
— Joanna Glasner
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