Robinhood pulled in $1B. Amid the stock market uproar last week, the Menlo Park-based platform raised a massive fresh round of new equity funding from its existing investors. The platform garnered the capital in order to keep itself afloat during this busy, and occasionally chaotic, period for the stock market. [TechCrunch]
Sila Nanotechnologies raised $590M. The Alameda-based company develops tech designed to maximize the energy a battery cell can hold at the lowest possible cost. With its Coatue-led Series F funding, Sila is planning to onboard 100 new team members and start construction on a new production factory. The round brings Sila’s total valuation to $3.3 billion. [Yahoo Finance]
Lyra Health secured $187M. As mental health remains of heightened concern for employers during the ongoing pandemic, the benefits company is working to help provide those who need it with treatment with personalized programs for its clients. The Series E round was led by Addition and will enable Lyra to grow its team in Burlingame. It also has remote marketing roles available. [Built In SF]
Fast got $102M. The company engineered an expedited online login and one-click checkout experience. It announced the close of its Series B funding round and is looking to expand. Addition led the Series B round that will allow Fast to “double down” on product expansion, expand outside of the U.S. and increase its staff. [PR Newswire]
Clubhouse raised $100M. The funding round was led by Andreessen Horowitz for the social media unicorn. Its exclusive platform allows for users to engage in audio-based chats with one another. With the new capital, Clubhouse is planning on launching new app features that’ll allow its users to get paid for sharing insights. It’s also planning on making an Android-friendly version of its app. [Built In SF]
Stilt secured $100M. In an effort to help visa-holding immigrants and undocumented people establish their credit, the company offers checking accounts that are specifically designed to meet their needs. With the capital from its warehouse facility agreement with Silicon Valley Bank, Stilt plans to fund more borrower loans and checking account holders. [Built In SF]
Booksy got $70M. Its platform works as a booking application for businesses in the beauty and wellness industry. Users can automatically schedule appointments whenever they’d like, increasing visit frequency for these businesses by 20 percent. Today, it has over 14 million users and plans to use the new money to fund North American expansion. The Series C round was led by Cat Rock Capital. [Business Wire]
Pilot pulled in $60M. The fintech startup offers billing, banking, expense and payroll services for small businesses and startups. It closed on a Series C round led by Sequoia Capital that will help it to improve its platform and launch new features. Pilot is also hiring within its engineering, finance, marketing and sales departments. To date, its funding totals $123 million. [Built In SF]
Roostify raised $32M. This startup’s platform allows mortgage lenders to collect data and information from online sources in order to streamline the home-buying process. Ten Coves Capital led the company’s Series C round that will fund the integration of AI to its platform to decrease document processing time and increase accuracy, and toward hiring new members. [Crunchbase News]
SetSail got $26M. By combining machine learning and behavioral science, this San Mateo-based company’s platform works to drive more revenue per individual sales representative. The new capital from its Series A round led by Insight Partners will be used to grow SetSail’s team in its product, go-to-market and customer success departments. [BusinessWire]
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