Briefing

The Briefing: Inspired Capital Closes $281M Fund, Sendcloud Raises $177M, And More

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

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Inspired Capital closes $281M fund

New York-based Inspired Capital, founded by Learnvest CEO and founder Alexa von Tobel and former U.S. Secretary of Commerce Penny Pritzker, has raised its second fund, oversubscribed at $281 million. The firm leads and co-leads seed through Series A fundings, investing anywhere from $1 million to $15 million depending on stage, and is focused on helping companies through the early stages. The firm invests in fintech, healthtech, social community and the future of work. 

— Gené Teare

Sendcloud raises $177M for shipping

Sendcloud, a Dutch startup that connects retailers to shipping service providers, reportedly raised $177 million in a Series C funding round led by SoftBank Vision Fund II. L Catterton and HPE Growth also participated in the financing.

— Joanna Glasner

Matillion closes $150M Series E

Cloud data integration platform Matillion closed a $150 million Series E led by General Atlantic that gives the company a $1.5 billion valuation. The new round is the company’s second of the year, after it raised a $100 million series D in February.

The new round included participation from Battery Ventures, Sapphire Ventures, Scale Venture Partners and Lightspeed Venture Partners.

Matillion, with dual headquarters in both Denver and the U.K., has now raised $310 million in total funding since being founded in 2011.

— Chris Metinko

Fintech

Zonos raises $69M Series A: St. George, Utah-based Zonos, a provider of technology for cross-border commerce, raised $69 million in a Series A round led by Silversmith Capital Partners. The company’s technology helps businesses classify goods and calculate the final price a consumer pays for an item on an international purchase.

— Joanna Glasner

Cybersecurity

StrongDM picks up $54M: Burlingame, California-based strongDM, provider of an infrastructure access platform, closed on $54 million in a Series B funding round led by Tiger Global. The company’s platform is built to enable DevOps teams to deliver infrastructure access at scale while meeting current security and compliance requirements.

— Joanna Glasner

Illustration: Dom Guzman

 

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