Multiple companies hit billion dollar valuations last week in the Bay Area, with even more raising hundred million dollar rounds. Much of that capital is going toward new hires, so job-seekers might want to put these companies on their radar. Keep reading to learn about the local tech news you may have missed last week. This is the Built In Weekly Refresh.
Firework secured $150M. The Series B round, led by SoftBank Vision Fund 2, will be used for new hires in engineering, product and marketing. Firework helps companies create shoppable videos and livestreams to drive online conversions. [Built In SF]
Motive raised $150M. Motive, formerly known as KeepTruckin, offers management and automation solutions for the trucking and fleet industry. The funding round, co-led by Insight Partners and Kleiner Perkins, will be used to accelerate investment in AI, expand its product suite to increase spend management and grow its enterprise capabilities. [Built In SF]
Monte Carlo bagged $135M. The Series D funding round puts Monte Carlo into unicorn territory with a valuation of $1.6 billion. The startup sells data observability software to other companies. [TechCrunch]
Tech Quote of the Week
Booster raised $125M. The on-demand fuel delivery platform will use its Series D funding round to expand its network of direct-to-vehicle fuel delivery. [Built In SF]
Copia spotlighted in the Built In Future 5. Copia provides businesses with a way to safely donate their excess food so it doesn’t go to waste. We sat down with the food delivery service to learn more about how it’s reducing food waste by connecting businesses with anti-hunger non-profits. [Built In SF]
Vise partnered with RIA accelerator Vestria. The accelerator is led by financial industry veteran Paul Hatch and provides flexible capital to growth-oriented firms. Vise is an investment customization and intelligence provider that helps investors better manage their portfolio. [Vise]
In more funding news: Crypto venture pioneer Andreessen Horowitz raised a record break $4.5 billion fund dedicated to Web3 startups. [Axios]
People development platform Torch raised $40 million led by 137 Ventures. The new capital will go toward expanding product capabilities, strengthening customer partnerships and scaling operations. [Yahoo Finance]
