The most-funded companies in February 2020

Across industries, verticals and stages, nearly a thousand VC companies received funding last month. Of those, the top ten include cybersecurity companies, innovative biotech and a leading e-cigarette company. According to PitchBook, these are the most-funded venture capital startups from February 2020:

10. LumiraDx

Last financing: $151.83 million
Deal type: Early Stage VC
HQ: London, England, UK

The company's software makes diagnostic-led care more accessible with smarter connected diagnostics and diagnostic-led care solutions by offering safe and easy-to-use care programs, enabling doctors to provide more effective, cost-efficient healthcare for everyone. The company raised $151.83 million of venture funding in form of a combination of convertible debt and equity on February 25, 2020.

See our LumiraDx profile preview.

9. Karius

Last financing: $165 million
Deal type: Late-stage VC, Series B
HQ: Redwood City, California

The life sciences company focuses on generating genomic insights for infection diseases through a non-invasive, single blood draw test. By using genomics and AI to map a patient’s microbial landscape, the company helps clinicians, molecular biologists and data scientists make rapid treatment decisions. The company raised $165 million of Series B venture funding in a deal led by SoftBank Investment Advisers on February 24, 2020. The funds will be used to accelerate clinical studies and technology innovation.

See our Karius profile preview.

8. SentinelOne

Last financing: $200 million
Deal type: Late-stage VC, Series BE
HQ: Mountain View, California

The company developed an endpoint protection software designed to protect devices and servers against malware and threats. It aims to unify the detection, prevention and remediation of threats initiated by nation-states and organized crime, enabling organizations to defend against advanced cyber threats. The company raised $200 million through the combination of debt and Series E venture funding in a deal led by Insight Partners on February 19, 2020.

See our SentinelOne profile preview.

7. OneTrust

Last financing: $210 million
Deal type: Early Stage VC, Series B
HQ: Atlanta, Georgia

The company developed a technology platform to manage privacy, security and trust. The company’s services include readiness and privacy impact assessments, data inventory and mapping automation, website scanning and consent management, subject rights requests, incident reporting and vendor risk management. The company raised $210 million of Series B venture funding in a deal led by Insight Partners and Coatue Management on February 20, 2020.

See our OneTrust profile preview.

6. SambaNova Systems

Last financing: $250 million
Deal type: Late-stage VC, Series C
HQ: Palo Alto, California

The company created an advanced systems platform and hardware to run machine learning and data analytics. The platform, which focuses on developing a system architecture that is flexible and scalable, enables manufacturers to create faster, more efficient algorithms. The company raised $250 million through the combination of Series C-1 and Series C-2 venture funding in a deal led by BlackRock on February 25, 2020, putting the company's pre-money valuation at $2.25 billion.

See our SambaNova Systems profile preview.

5. Netskope

Last financing: $340 million
Deal type: Late-stage VC, Series G
HQ: Santa Clare, California

The company developed a cloud-analytic service platform to understand protect data, stop threats and respond to incidents. The platform eliminates blind spots, guards data, and works to prevent elusive attacks, enabling businesses to protect sensitive data and ensure compliance in real-time. The company raised $340 million of Series G venture funding in a deal led by Sequoia Capital on February 6, 2020.

See our Netskope profile preview.

4. Toast POS

Last financing: $400 million
Deal type: Late-stage VC, Series F
HQ: Boston, Massachusetts

The company developed a management platform designed to simplify and streamline restaurant operations. Its cloud-based platform offers a point of sale (POS) system, online ordering and delivery management, quick menu modifications, real-time enterprise reporting, report and analytics as well as a kitchen display system. The company raised $400 million of Series F venture funding in a deal led by TPG Capital, Tiger Global Management, Greenoaks Capital Partners and Bessemer Venture Partners on February 14, 2020.

See our Toast POS profile preview.

3. Snowflake

Last financing: $478.8 million
Deal type: Late-stage VC, Series G
HQ: San Mateo, California

The company’s cloud-based data-warehousing platform is designed to safely and efficiently store, transform and analyze business data. The company's platform includes data infrastructure for bringing together all users, all data and all workloads into a single cloud service, enabling businesses to access data from any location. The company raised $479 million through the combination of Series G-1 and Series G-2 venture funding in a deal led by Dragoneer Investment Group and Salesforce Ventures on February 7, 2020.

See our Snowflake profile preview.

2. Revolut

Last financing: $500 million
Deal type: Late-stage VC, Series D
HQ: London, England, UK

The company developed a mobile foreign exchange and money transferring application. Its software compares live exchange rates for multiple currencies and makes transfers directly to other's bank accounts. In addition to enabling consumers to send, spend and exchange money instantly across a secured environment, it also helps users track and optimize their monthly expenses, as well as buy and sell crypto currencies. The company raised $500 million of venture funding in a deal led by TCV on February 5, 2020, putting the company's pre-money valuation at $5 billion.

See our Revolut profile preview.

1. JUUL

Last financing: $700 million
Deal type: Late-stage VC
HQ: San Francisco, California

The company is a manufacturer and retailer of e-cigarettes and nicotine products, with the intent to provide an alternative to tobacco smoking. Its products include vapes and a variety of free-base nicotine flavors made up of natural oil and extracts. The company raised $700 million of venture funding in the form of convertible debt on February 6, 2020.

See our JUUL profile preview.

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*data as of 3/3/2020