6 SF Tech Companies, Including Q Bio and Udemy, Raised $192M+ Last Week

by Joe Erbentraut
February 24, 2020
san francisco startups funding
Photo: shutterstock

The past week was another eventful one on the San Francisco funding front. Below are six of the biggest, most noteworthy recent funding rounds in the Bay Area:

Innovaccer landed $70M. Investors in the health care data platform’s Series C include Tiger Global Management, Steadview Capital and M12. The company, founded in 2014, has raised $120 million in venture capital to date. [The Tech Portal]

Udemy raised $50M. The online learning platform just raised its Series E funding round of investment from Benesse, a Japanese firm, and the company is reportedly now valued at $2 billion. Udemy has raised over $200 million in venture capital to date and now reaches 50 million students via over 57,000 instructors. [EdSurge]

Q Bio raised $40M. The digital health platform, which aims to give users a comprehensive view of their health and help them take preventative steps to maintain and improve it, just raised Series B funding in a round led by Andreessen Horowitz. [Crunchbase News]

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Leanplum got $27M. Norwest Venture Partners and Shasta Ventures led this Series D funding round for the customer engagement platform. The funds will go toward the company’s product development and go-to-market efforts. Its customers include Tesco and Zynga. [FinSMEs]

Be My Eyes sights $2.8M. Cultivation Capital led this Series A funding round for the mobile app that helps users provide free assistance for visually impaired people via live video calls. [FinSMEs]

InVideo got $2.5M. This startup connects video producers with automated assistance to improve the quality of their videos. In an interview, CEO Sanket Shah compared the platform to Grammarly, but for video. The company has raised $3.2 million to date. [TechCrunch]

ForgePoint announces $450M fund. Finally, on the venture capital firm front, ForgePoint Capital just announced its second-ever fund to support early stage cybersecurity and privacy startups. [TechCrunch]

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