The Funding Letter #123: May 7

The Early Bird: Lite Edition 🕊

May 07, 2019

What is this? The Funding Letter is a daily venture capital newsletter, built for salespeople, by salespeople. Each Letter is sent directly to your inbox hours before Fortune’s Term Sheet, Axios’ Pro Rata, etc, so you’re tipped off before everyone else’s outreach emails flood your Decision-Maker’s inbox.

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Good morning. This Early Bird: Lite Edition comes to you directly from our headquarters in New York City.

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Carta helps private and public companies, investors, and employees manage equity and ownership. View on LinkedIn.

New Funding Raised: $300M, Series E

Round Investors: Andreessen Horowitz (lead), Goldman Sachs Principal Strategic Investments, Lightspeed Venture Partners, Menlo Ventures, Meritech Capital Partners, Thrive Capital, Tiger Global Management, Tribe Capital

HQ: San Francisco, CA

Industry: Internet

Employee Count: 533

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Athenex is an innovative oncology company with drug discovery, drug formulation, clinical development, and API/drug product manufacturing facilities in both the U.S. and China. View on LinkedIn.

New Funding Raised: $100M, Post-IPO Equity

Round Investors: OrbiMed, Perceptive Advisors

HQ: Buffalo, NY

Industry: Biotechnology

Employee Count: 194

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Noom is a leader in mobile health coaching, combines the power of technology with the empathy of real human coaches to deliver successful behavior change at scale. View on LinkedIn.

New Funding Raised: $58M, Series E

Round Investors: Sequoia Capital (lead), Samsung Ventures

HQ: New York, NY

Industry: Health, Wellness and Fitness

Employee Count: 615

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Tourlane is creates unique adventures and authentic travel experience to the most fabulous destinations in the world. View on LinkedIn.

New Funding Raised: $47M, Series C

Round Investors: Sequoia Capital lead), Spark Capital (lead), DN Capital, HV Holtzbrinck Ventures 

HQ: Berlin, Germany 

Industry: Internet

Employee Count: 123

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Trusted Health is reinventing the employment landscape for healthcare professionals with a digital employment platform built by nurses for nurses. View on LinkedIn.

New Funding Raised: $20M

Round Investors: Craft Ventures (lead), Abstract Ventures, Healthbox

HQ: San Francisco, CA

Industry: Internet

Employee Count: 46

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GameClub is a new way to play premium mobile games. View on LinkedIn.

New Funding Raised: $2.5M, Seed

Round Investors: CRCM Ventures (lead), Alex Rigopulos, BigBets, BreakawayGrowth Fund, Christian Edler, GC VR Gaming Tracker Fund, Greg Arrese, Jonathan Zweig, Michael Dornbrook, Ride Ventures, Watertower Ventures

HQ: New York, NY

Industry: Computer Games

Employee Count: 21

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