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Author: Salman Sarfraz

Alpaca – Commission-Free API for Stock Trading and Brokerage Raises $50M in Series B

Posted on August 30, 2021 by Salman Sarfraz

It’s been an year since we announced Series A of our portfolio startup, Alpaca and now we are pleased to share about Series B that helped Alpaca raise $50M funding. The funding round was led by Tribe Capital in participation …

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Teleport – Remote Access Technology Startup Raises $30M in Series B

Posted on August 18, 2021 by Salman Sarfraz

Teleport

Our Oakland based portfolio startup, Teleport (formerly Gravitational) has raised $30M in a Series B funding round led by the VC firm, Kleiner Perkins. This new funding came almost after 2 years of its Series A which raised …

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People.ai – Revenue Operations and Intelligence Platform Raises $100M in Series D at $1.1B Post-Money Valuation

Posted on August 11, 2021 by Salman Sarfraz

Founded in 2016 by Oleg Rogynskyy and graduated from S16 batch of Y Combinator, one of our portfolio startups, People.ai has raised $100M in Series D at $1.1B post-money valuation.

The funding round was co-led by Abdulla AlBanna, Partner at …

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Jerry – Intelligent Auto Insurance Platform Raises $75M in Series C at $450M Valuation

Posted on August 10, 2021 by Salman Sarfraz

Jerry, one of our portfolio startups and AI-powered intelligent auto insurance platform that allows users to compare and buy best suitable car insurance in 50 US states as a licensed insurance agency has raised $75M in Series C at …

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Algolia – AI-Powered Search API Raises $150M in Series D with $2.25B Post-Money Valuation

Posted on July 28, 2021 by Salman Sarfraz

Six months ago, we announced acquisition of MorphL by our portfolio startup, Algolia and we are pleased to share that now Algolia’s valuation has also increased by 4 times (since the valuation of last Series C) after adding $150M …

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Epic is Acquired by Online Learning Platform, BYJU’s

Posted on July 21, 2021 by Salman Sarfraz

BYJU's acquires Epic!

It’s been two and half years since we shared about $30M funding of our portfolio startup, Epic which had a great journey from where it started in 2013 as a digital library and book reading platform for kids but …

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Go1 – Corporate Education Platform Gets $1B Valuation in Series D with $200M

Posted on July 19, 2021 by Salman Sarfraz

go1 Raises $40M in Series C

Brisbane based online platform for training corporate employees and one of our portfolio startups, Go1 gets $1B valuation while going through Series D. The round that added another $200M in the total funding amount of Go1 was led by Salesforce …

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ShipBob – Ecommerce Fulfillment Service for Online Businesses Raises $200M in Series E

Posted on June 29, 2021 by Salman Sarfraz

Founded in 2014 by Dhruv Saxena and Divey Gulati in Chicago, ShipBob, an online 3PL (3rd Party Logistics) fulfillment service has raised $200M in Series E. The funding round was led by Bain Capital Ventures in participation with SoftBank, Silicon …

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Underground Cellar – Premium Wines Online Marketplace Raises $12.5M in Series A

Posted on June 15, 2021 by Salman Sarfraz

Added to our portfolio in 2015, Underground Cellar, an online marketplace of premium wines has raised $12.5M in Series A. The funding round was led by a venture capital firm, Accomplice in participation with Bling Capital and Golden …

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Jerry – Automated Car Insurance Platform Raises $28M in Series B

Posted on May 17, 2021 by Salman Sarfraz

Founded in 2017 by Art Agrawal, Lina Zhang & Musawir Shah and now a licensed insurance agency in 50 states of USA, Jerry has just bagged $28M in Series B raising its total funding amount to $57M.

The funding round …

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