Palantir raised $500M. The Palo Alto data analytics company received a huge investment from Japanese insurance holding company Sompo Holdings. The company has seen an uptick in interest for its product that helps companies and governments manage the COVID-19 pandemic with data. [Reuters]
DoorDash nabs $400M. The mobile food delivery app is now valued at nearly $16 billion after closing its Series H round led by Durable Capital Partners and Fidelity. The company will use the new funding to support the innovation of new products and services, as well as grow its team. It is currently hiring for more than 100 open roles. [Built In SF]
Contentful grabs $80M. The content management software company closed on a Series E round led by Sapphire Ventures, General Catalyst and Salesforce Ventures. The company will use the additional capital to appropriately scale and expand its business to meet market demands. [The New York Times]
CasaOne got $50M. The furniture rental startup announced newly acquired debt financing from Credit Suisse. The company will use the additional capital to support its overall business growth in addition to expanding into new categories of furniture, fixtures and equipment space. [VC Circle]
Upgrade grabs $40M. The mobile banking platform closed on a Series D round led by Santander Innoventures. The newly acquired capital will be used to fuel the launch of the company’s new credit card in addition to several new mobile banking products. [Pymnts]
Big Health raised $39M. The mental healthcare platform closed on a Series B round led by Gilde Healthcare. Its technology focuses on providing completely digital cognitive behavioral therapy, rather than providing medication or sessions with a human therapist. The company will use the newly acquired capital to accelerate commercial growth. [Crunchbase]
Streamlit got $21M. The open source app framework for data science and machine learning has been used to build over 200,000 apps for companies around the world. It recently closed on its Series A round, led by GGV Capital and Gradient Ventures. Streamlit will use the newly acquired capital to expand its team. The company is now hiring. [Built In SF]
Salt Security raised $20M. The Palo Alto-based API security company closed on a Series A round led by Tenaya Capital. It intends to use the additional funding to invest in product development and innovation, in addition to expanding its sales and marketing approach. [FinSMEs]
Clockwise got $20M. The calendar assistant software company closed on a Series B round led by Bain Capital Ventures. The company plans on using the newly acquired capital to expand the size of its team in addition to improving its existing product offerings and broadening its availability on new platforms. [FinSMEs]
Chipper Cash raised $13.8M. The fintech startup closed on a Series A round led by Deciens Capital. The company plans on adding 30 new members to its global team. It has offices in San Francisco, Lagos, London, Nairobi and New York. [TechCrunch]
