DataBricks Raised $1.6B, Checkr Got $250M, and More SF Tech News

Here’s what happened last week in SF tech.

Written by Jeremy Porr
Published on Sep. 07, 2021
DataBricks Raised $1.6B, Checkr Got $250M, and More SF Tech News
Last week, SF tech giants DataBricks and Checkr led the pack with nearly $2 billion in total financing raised.
photo: Built in

These Bay Area tech companies pulled in some big funding rounds last week across various industries. Read on to find out the latest. This is the Built In SF weekly refresh.

Databricks raised $1.6BThe Databricks platform provides teams with the ability to process massive amounts of data in the cloud that can then be used to power AI. The Series H was led by Counterpoint Global and will be used to support product development and customer adoption. The latest raise is the company’s second this year. Databricks closed on a massive Series G round last February. [VentureBeat]

Checkr secured $250MThe Series E for the HR tech unicorn sent its valuation skyrocketing to $4.6 billion. Checkr leverages its proprietary AI to process employee background checks for a number of tech giants including Lyft, Instacart, Netflix and Airbnb. The company, which became profitable this year for the first time, has revenue that exceeds $200 million. [Built In SF]

Homelight grabbed $363MThe total for the real estate tech unicorn includes $100 million in Series D equity and $263 million in debt financing. The fresh capital sent Homelight’s valuation soaring to $1.6 billion. Following the latest raise, the company will continue to hire for its team as it opens new offices across the U.S. and the world. Founded in 2012, Homelight has raised $627.5 million in venture capital financing to date. [FinSMEs]

SF Tech Quote Of The Week

“Financial stress negatively impacts every area of life — including relationships, family, work and health. Employers are realizing that, by investing in the financial well-being of employees, they can solve a host of other issues.” —Matt Watson, co-founder and CEO of Origin

Origin secured $56MThe latest raise for the fintech platform sent the company’s valuation soaring to $400 million. The Series B was led by 01A, General Catalyst and Lachy Groom. Origin will use the additional capital to fuel product research and development as it continues to expand its customer base. The fintech platform has more than tripled its headcount since closing on its Series A last summer and is currently on the lookout for more than a dozen qualified candidates to join its team. [Built In SF]

Humane raised $100MThe Series B, led by Tiger Global Management, will be used to help the software startup continue to scale. Humane’s latest patent is for a wearable multimedia device and cloud computing platform with a laser projection system. The company, still in stealth, is now hiring for more than 40 open tech positions. [TechCrunch]

Kevala snagged $21MThe Series A round for the data analytics company was co-led by C5 Impact Partners LP and Thin Line Capital. With its platform, Kevala aims to provide industry leaders with an objective understanding of the production, delivery and consumption of energy. The company is now hiring for over a dozen roles across its engineering, product, sales and operations teams, to name a few. [Built In SF]

Callin picked up $12M. The social podcasting platform launched out of private beta with $12 million in Series A financing. Unlike other live audio platforms like Clubhouse or Twitter Spaces, Callin’s vertical stack provides users with all the necessary tools for recording, editing, publishing and sharing their own podcasts. Moving forward, the social podcasting platform has its sights set on launching Android and web versions of its app. [Built In SF]

In more VC funding news: San Mateo-based smart home technology start-up Brilliant raised $40 million in a Series B round led by Next47 and Celesta Capital. [PR Newswire]

Nifty Games, a San Francisco-based games publisher, raised $38 million in a Series B round led by Vulcan capital. The company closed on its Series A in April of last year. []

Cashierless checkout tech company Zippin raised $30 million in a Series B round with participation from new and existing investors including OurCrowd, Maven Ventures and Evolv Ventures, among others. [VentureBeat]

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