9 Bay Area Startups, Led by Hippo and Talkdesk, Raised $400M+ Last Week

Hippo and Talkdesk led the pack this week with a combined total of $293 million raised by the two tech companies.

Written by Jeremy Porr
Published on Jul. 27, 2020
9 Bay Area Startups, Led by Hippo and Talkdesk, Raised $400M+ Last Week
Coit Tower, San Francisco.
photo: Shutterstock

Hippo Insurance raised $150M. The latest round for the Palo Alto-based insurance company brings its total valuation to $1.5 billion. The Series E was led by FinTLV, Ribbit Capital and Dragoneer, among others. The company will use the additional capital to invest in additional data source integration for its platform, in addition to expanding its market reach. [Built In SF]

Talkdesk grabbed $143M. The Series C round for the cloud contact center platform was led by Franklin Templeton, Willoughby Capital and Skip Capital, among others. The additional capital will be used to fuel the company’s expansion efforts across the globe. The latest round brings the company’s total valuation to $3.3 billion. [Businesswire]

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Dexterity got $56.2M. The latest round for the Palo Alto robotic systems startup was led by Kleiner Perkins, Lightspeed Venture Partners and Obvious Ventures, among others. The company, founded in 2015, provides dexterous robotic systems for logistics and supply chains. Dexterity’s full stack end-to-end system is primarily used for warehouse order fulfillment procedures, including the packing, counting and sorting of consumer packaged goods.  [TechCrunch]

CyCognito raised $30M. The latest round for the Palo Alto cybersecurity startup was led by Accel with addition participation from Lightspeed Venture Partners, Sorenson Ventures and UpWest. The additional capital will go toward general growth efforts. The CyCognito platform is used to uncover and prioritize risk from attacker-exposed systems and assets. [GlobeNewswire]

OrthoFX got $13M. The latest round for the dental care startup was led by SignalFire. OrthoFX, an at-home orthodontic and teeth-straightening service, pairs each of its dental patients with an orthodontic professional. The additional capital will primarily be used for research and product development. [Built In SF]

CalypsoAI grabbed $13M. The latest round for the machine learning startup was led by Paladin Capital Group. The company builds software products that intend to solve complex AI risks for government agencies and highly regulated industries. The latest round brings the startups total amount of venture capital raised to $15.2 million, according to Crunchbase. [Axios]

AFresh got $12M. The AI-powered fresh food optimization platform for grocers closed on a Series A led by Endeavors with additional participation from Food Retail Ventures and Maersk Growth, among others. The company’s AI intends to provide grocers with assistance managing food orders, inventory and merchandising. The new funding will be used to fuel its expansion efforts via partnerships with additional grocers.  [PRNewswire]

Sprout Therapy raised $10M. The latest round for the healthtech platform was led by General Catalyst. The company’s software-enabled platform is used to match families with healthcare providers, therapists and experts for children with autism. The additional capital will primarily be used for product development, as the company is currently developing iPad-based interactive games and learning modules for children with autism. [Built In SF]

Meemo grabbed $10M. The fintech startup recently launched out of stealth with an app that’s primarily used to monitor personal finances. The app was created by two ex-Google and Snapchat employees, Wisam Dakka and André Madeira. The new funding will be used to expand the company’s network and organically acquire more users. [Built In SF]

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