FundersClub Portfolio Follow-On Rounds Update - Q2 2020
By Alex Mittal • Jul 15, 2020
We'd like to congratulate FundersClub portfolio companies on their ongoing progress, as well as to welcome aboard their new VC investor partners.
Selected recent FundersClub portfolio company follow-on rounds:
- Instacart closed a round of financing led by DST Global, General Catalyst, and T. Rowe Price, valuing the company at nearly $14B, and making it our first “decacorn” ($10B+ market cap) company. We invested in the Seed and Series D.
- Chainalysis announced a $13M expansion of its Series B round with Ribbit Capital and Sound Ventures participating. We invested in the Seed, Series A, and Series B.
- Truepill announced a $25M raise led by Optum Ventures. We invested in the Seed and Series A.