Across industries, verticals and stages, more than 1,190 VC companies received funding in April 2020. Of those, the top ten include two healthcare companies, two online payment platforms and a bikesharing service. According to PitchBook, these are the most-funded venture capital startups from April 2020:

10. Erasca

Last financing: $200 million
Deal type: Early-stage VC
HQ: San Diego, California

Erasca is an oncology drug developer working to providing patients with new potential solutions to not just treat cancer—but cure it. The company raised $200 million of Series B venture funding in a deal with ARCH Venture Partners, Cormorant Asset Management and other investors on April 27, 2020.

See our Erasca profile preview.

9. LumiraDx

Last financing: $204.38 million
Deal type: Late-stage VC
HQ: London, England

LumiraDx is the developer of a health management software designed to make diagnostic-led care simpler and more accessible. The company raised $204.38 million of convertible debt funding from Current Yield with Participation Fund and other undisclosed investors on April 16, 2020.

See our LumiraDx profile preview.

8. 4Paradigm

Last financing: $230 million
Deal type: Late-stage VC
HQ: Beijing, China

4Paradigm provides an artificial intelligence and data science platform which allows clients to run algorithms on their own data without needing to work with engineers. The company raised $230 million of Series C+ venture funding from Cisco Systems and other investors on April 2, 2020.

See our 4Paradigm profile preview. 

7. Confluent

Last financing: $250 million
Deal type: Late-stage VC
HQ: Mountain View, California

Confluent is the provider of an enterprise-level event streaming platform. The open-source technology acts as a fault-tolerant and highly scalable messaging system that enables companies to move data from isolated systems into a real-time data pipeline where they can act on it immediately. The company raised $250 million of Series E venture funding in a deal with Coatue Management and other investors on April 21, 2020.

See our Confluent profile preview.

6. Cohesity

Last financing: $250 million
Deal type: Late-stage VC
HQ: San Jose, California

Cohesity is the developer of a web-scale platform designed to simplify the way companies protect, manage and extract value from their data. The platform provides distributed data storage and consolidates all secondary data and associated management functions within one unified system, helping clients to eliminate mass data fragmentation. The company raised $250 million of Series E venture funding in a deal with Wing Venture Capital and other investors on April 9, 2020.

See our Cohesity profile preview.

5. Paidy

Last financing: $251 million
Deal type: Late-stage VC
HQ: Tokyo, Japan

Paidy is the developer of an online payment platform and peer-to-peer loan service designed to give consumers peace of mind while increasing sales for its clients. The company raised $251 million of Series C venture funding through a combination of debt and equity on April 9, 2020. It received $191 million of venture funding from Itochu and other investors.

See our Paidy profile preview.  

4. Mabwell

Last financing: $278.41 million
Deal type: Early-stage VC
HQ: Shanghai, China

Mabwell develops biopharmaceutical technologies focused on treating oncology, autoimmunity, anti-infection and ophthalmic diseases. It provides a high-throughput antibody drug discovery platform, a complete pharmaceutical research system and mature process development capabilities. The company raised $278.41 million of Series A venture funding from Shiyu Capital and other investors on April 29, 2020.

See our Mabwell profile preview.

3. Deliveroo

Last financing: $575 million
Deal type: Late-stage VC
HQ: London, England

Deliveroo is the developer of an online food delivery platform that helps users order restaurant meals. The platform integrates web- and mobile-based consumers with restaurant tablet-based point-of-sale order management terminals, enabling customers to order and get food delivered from restaurants. The company raised $575 million of Series G venture funding from Amazon and other investors on April 17, 2020.

See our Deliveroo profile preview.

2. Stripe

Last financing: $850 million
Deal type: Late-stage VC
HQ: San Francisco, California

Stripe is the developer of an online payment platform designed to integrate electronic payments and enable secure transactions. The platform offers application program interfaces and streamlined coding that focuses on fraud prevention, enabling internet-based businesses to accept payments from anyone anywhere. The company raised $850 million of Series G venture funding from Andreessen Horowitz and other investors on April 16, 2020.

See our Stripe profile preview.

1. Didi Bike

Last financing: $850 million
Deal type: Late-stage VC
HQ: Hangzhou, Zhejiang, China

Didi Bike operates a bikesharing platform that provides users with a safe, comfortable and deposit-free bikeshare experience. The company raised $1 billion of venture funding from Legend Capital and other investors on April 20, 2020.

See our Didi Bike profile preview.


Curious about what additional company insight you can discover with PitchBook? Explore the data that supports PitchBook’s company profiles. 

*data as of 5/4/2020

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