9 SF Startups, Led by Uber Freight, Raised $965M+ Last Week

Uber Freight led the pack this week with $500 million in fresh financing to support its growth efforts.

Written by Jeremy Porr
Published on Oct. 05, 2020
A view of downtown San Francisco from Twin Peaks.
photo: Shutterstock

Uber Freight raised $500M. The logistics division of the popular ride-hailing app just closed on a Series A round led by Greenbriar Equity Group. Michael Weiss and Jill Raker, managing partners at Greenbriar, are joining Uber Freight’s board as a part of the deal. The division launched in 2017 and already has almost 65,000 carriers in its network. [FinSMEs]

Pacaso raised $267M. The real estate company initially secured $17 million in its Series A followed by an additional $250 million in debt financing. It enables buyers to purchase second homes at a fraction of their listing price. Pacaso currently has open listings in 10 states and has plans to expand across the country in the future. [Built In SF]

AllBirds raised $100M. The Series E for the popular shoe brand was led by Franklin Templeton. The additional capital will go toward product development and global expansion efforts. The company also recently released a new pair of running shoes. Currently, the brand has 21 retail locations in the United States, Europe, Asia and New Zealand. [Built In SF]

Axis Security grabbed $32M. The San Mateo cybersecurity startup’s Series B was led by Canaan Partners. The company’s App Access Cloud was created to help enterprises connect third-parties to company data and applications without use of a VPN. The additional capital will be used to drive continual development of the platform as well as expand the company’s reach worldwide. [Built In SF]

Coralogix scored $25M. The Series B for the log analytics platform was co-led by Red Dot Capital Partners and O.G. Tech Ventures. The company’s platform enables teams to autonomously manage and analyze data within cloud applications. The additional capital will be used to double the company’s headcount over the next year. [FinSMEs]

Golden got $14.5M. The company aims to map all human knowledge by collecting information via artificial intelligence, machine learning and human intelligence. Andreessen Horowitz led the Series A round, which will primarily be used to expand the size of the company’s team. [Crunchbase]

Noyo landed $12.5M. The Series A round for the digital infrastructure platform was led by Costanoa Ventures and Spark Capital. The company’s API platform is used to connect health insurance carriers. The additional capital will be used to hire 10 additional team members by the end of the year. [TechCrunch]

Snappr raised $10M. The company’s visual content marketplace enables users to find and book photographers with two hours notice. Basis Set Ventures led the Series A round, with participation from YesVC and Y Combinator. The additional capital will be used to introduce new features and expand into new markets. [Crunchbase]

Collective raked in $8M. The company’s back office platform offers up an array of financial services to businesses-of-one. The company launched out of stealth with a seed round co-led by General Catalyst and QED Investors. The new capital will be used to scale the platform in order to meet customer demand. The company is now hiring for several open positions. [Built In SF]

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