The week of 12-09-2019 ends with some remarkable funding for US based ventures like Vroom, Highspot, Gong.io, and Kustomer. Moreover, companies like Duolingo and Accel Robotics are also showing significant future prospects. These startups received around half a billion USD this week.
Promising startups always ensure great funding for their business potential. Large investment companies, sensing the outcome, pour resources to get the optimum benefits. Some of the promising and leading US based startup companies secured around half a billion funding this week.
Vroom is an online used-car trading place that offers dealership for the reconditioned vehicles. This New York based online company, founded by Scott Chesrown, Kevin Westfall, and Marshall Chesrown in 2013; raised $721 million in total equity funding. This week the company received an overwhelming $254 million.
Highspot remains at the high spot few years after its launch in 2012. Scot Gellock, Oliver Sharp, David Wortendyke, and Robert Wahbe founded this Seattle-based AI-fueled platform for sales enablement. With a total equity funding of $194 million, this emerging giant has secured $75 million end of this week.
In the market of revenue intelligence, Gong.io is leading with dominance. Major startup financers’ like Cisco Investment, Battery Ventures, Norwest Venture Partners are investing in this San Francisco-based venture. With a $65 million funding up to this week, Gong.io has raised a total of $133 million in total equity funding.
The name Kustomer says it all. This Omni channel SaaS platform startup is all about customer services. Just like its logo, the venture is showing a happy time for the investors and they are pouring resources in it. Market leaders like Canaan Partners, Plug and Play, Tiger Global Management already invested around $173.5 million in Kustomer.