A consistent force in the U.S. tech scene, the Bay Area area has no shortage of tech companies fueling massive growth. Find out which San Francisco-area tech company saw the most growth in recent years, and how other companies are fueling their businesses. This is the Built In SF Weekly Refresh.
Bay Area tech startups ranked on the Inc. 5000. San Francisco companies innovating the tech space were well-represented on this year’s Inc. 5000 list of the nation’s fastest-growing companies. The top five Bay Area companies all ranked within the top 100 spots. Out of 167 Bay Area businesses, the highest-ranked San Francisco tech company was cybersecurity firm Vanta, which was #25. [Built In SF]
AtoB pulled in $155M. The Series B round for the fintech payments company was led by Elad Gil and General Catalyst. AtoB develops solutions for the financial management infrastructure within the fleet industry. Its latest round, a combination of equity and debt funding, will go toward scaling its services and providing working capital to small fleet businesses. [Business Wire]
sf tech quote of the week
Incredible Health raised $80M. Operating a job marketplace platform, Incredible Health works to connect nurses seeking permanent employment to hospitals experiencing staffing shortages. Its Series B funding round, led by Base10 Partners, minted the company as a unicorn with a valuation of $1.65 billion. Incredible Health will use the money to expand its career support offerings. It’s also currently hiring. [Built In SF]
Aero secured $65M. The company’s latest investment, co-led by Albacore Capital Group, consists of a $50 million Series B capital raise and $15 million in convertible notes. Aero operates fleets of jets and planes with a focus on the leisure industry. Currently flying to places like Aspen, Los Cabos and Sun Valley from LA and San Francisco, Aero will invest the new money in expanding into new markets. [TechCrunch]
Chime made executive promotions. The fintech company that provides banking services for consumers announced several promotions in its executive leadership team within its people, customer experience and technology departments. Beth Steinberg now serves as chief people officer, James Barrese is Chime’s new chief technology officer and Janelle Sallenave is now chief experience officer. [Chime]
Aalto hired a new VP. Aalto’s marketplace aims to change the way people buy and sell homes by directly connecting buyers and sellers. The San Francisco-based real estate startup recently hired Han Qin to serve as the company’s VP of engineering. Prior to this position, Qin worked at Afterpay, Facebook and Uber as director of engineering, tech lead and senior engineer manager, respectively. In addition to bringing on Qin, Aalto is actively hiring designers and engineers. [Aalto]
In more funding news: Restaurant tech company Byte Kitchen pulled in $6 million to fuel technology investments and new hires.
Urban Health, a digital wellness platform, raised 3.4 million in seed funding to scale its member case and add one-on-one coaching capabilities.
