Across industries, verticals and stages, nearly a thousand VC companies received funding last month. Of those, the top ten include a media platform, financial management softwares and a textile company. According to PitchBook, these are the most-funded venture capital startups in the last month of 2019:
9. Baibu
Last financing: $300 million
Deal type: Late-stage VC, Series D
HQ: Guangzhou, China
Baibu provides a business-to-business (B2B) trading platform designed to supply textile. The company offers textiles and fabrics as well as provides an enterprise resource planning inventory management system, enabling buyers to purchase materials and find the right patterned product online. Baibu raised $300 million in a deal led by DST Global on December 16, 2019.
See our Baibu profile preview.
8. Wemakeprice
Last financing: $314.04 million
Deal type: Late-stage VC
HQ: Seoul, South Korea
Wemakeprice provides of an online shopping platform intended for buying and selling of products. The company connects merchants to consumers by offering goods and services at a discount in categories of food, clothing and merchandise, enabling customers to get products and services at an affordable price. Wemakeprice raised KRW 370 billion ($314.04 million) from Nexon and IMM Investment on December 11, 2019.
See our Wemakeprice profile preview.
7. Kaleidofin
Last financing: $360 million
Deal type: Early Stage VC, Series A
HQ: Chennai, India
Kaleidofin is a financial management platform designed to estimate the income level, saving capacity and financial health of customers. The platform suggests how much users should save each month (while taking financial volatilities into account). The company also helps financial institutions to invest using a data-driven model to estimate the income level, which enables customers in the underbanked segments to use financial planning and wealth management principles. Kaleidofin raised $360 million in a deal led by Oikocredit Ecumenical Development Cooperative Society on December 19, 2019.
See our Kaleidofin profile preview.
6. Automattic
Last financing: $380.68 million
Deal type: Late-stage VC, Series D
HQ: San Francisco, California
Automattic is a developer of an open source blogging platform designed to offer WordPress and WordPress Multi-User. Through the Automattic support network, the company provides various services, including access to various members of the WordPress, software updates and consultative solutions. Automattic raised $380.68 million from The New York Times, CNET Networks and Salesforce Ventures on December 26, 2019.
See our Automattic profile preview.
5.Chime (Financial software)
Last financing: $500 million
Deal type: Late-stage VC, Series E
HQ: San Francisco, California
Chime designed a mobile platform offering banking services on the go. The company’s platform automatically saves users money by setting aside a pre-determined amount of money in savings after a transaction. The company earns revenue from transaction fees paid by the merchant, which aligns company incentives with the users and enables members to avoid fees, save money and lead healthier financial lives. Chime raised $500 million in a deal led by DST Global on December 5, 2019.
See our Chime profile preview.
4. Deliveroo
Last financing: $575 million
Deal type: Late-stage VC, Series G
HQ: London, England
Deliveroo is an online food delivery platform intended to help users order restaurant meals. The company’s platform optimizes food ordering and delivery by integrating web and mobile consumers with restaurant tablet-based point-of-sale order management terminals, enabling customers to order food across restaurants and get them delivered at their doorstep. Deliveroo raised $575 million in a deal led by Amazon on December 16, 2019.
See our Deliveroo profile preview.
3. Bright Health
Last financing: $635 million
Deal type: Late-stage VC, Series D
HQ: Minneapolis, Minnesota
Bright Health is a health insurance platform designed to deliver the best healthcare experience. The company’s platform partners with health systems and care partners to provide health plans and a connected healthcare experience, enabling users to access affordable health insurance plans. Bright Health raised $635 million in a deal led by New Enterprise Associates on December 17, 2019.
See our Bright Health profile preview.
2. Paytm
Last financing size: $1.66 billion
Deal type: Late-stage VC, Series G
HQ: Noida, India
Paytm operates a mobile payment and e-commerce platform designed to provide bill payment services. The company’s platform offers prompt online recharge, DTH, data card recharge, metro card recharge and mobile bill payment services as well as transportation and hotel booking services. The company’s goal is to enable users to make seamless mobile payments from cards, bank accounts and digital credit among others. Paytm raised $1.66 billion in a deal led by T. Rowe Price on December 12, 2019.
See our Paytm profile preview.
1. Kuaishou
Last financing size: $3 billion
Deal type: Late-stage VC
HQ: Beijing, China
Kuaishou’s photo, video sharing and live-streaming platform is designed to offer online media sharing services. The company leverages artificial intelligence to recommend and place videos into the scrolling feeds of users, enabling users to share, comment and edit photos and videos. Kuaishou closed on $3 billion of venture funding in a deal led by Tencent Industry Win-Win Fund on December 3, 2019.
See our Kuaishou profile preview.
Curious to know about additional company insight you can discover with PitchBook? Explore the data that supports PitchBook’s company profiles.
*data as of 1/02/2020
