VC funding: Byju’s, EcoVadis, Docket, ClassPass

Byju’s, EcoVadis, Docket, Covera Health,, Alitheon, ClassPass, Hesai, Ruangguru, among others, announced their latest VC funding from venture capital firms.
VC funding in technology cos


Education technology start-up Byju’s has raised $200 million from Tiger Global at a valuation of $8 billion. With this latest round, Byju’s has raised a total of $1.2 billion in funding over 13 rounds.


EcoVadis, the world leader in business sustainability ratings for supply chains, has agreed to a c. $200 million investment from CVC Growth Partners II.


Docket, a software-as-a-service (SaaS) platform for managing intelligent meetings, has raised $1.5 million in a seed round led by Allos Ventures with participation from High Alpha Capital, Elevate Ventures and Simon Equity Partners. Darin Brown is the CEO and co-founder of Docket.

Covera Health

Covera Health, a provider of clinical analytics solutions to reduce medical misdiagnoses, announced its Series B financing, led by Insight Partners, with participation from existing investors, including New York-based Prism Ventures., an online education platform that offers courses that earn students transferable college credit, announced $16 million in total funding. The announcement includes a recent $11.7 million Series A round led by GSV Ventures with participation by Harrison Metal, Tectonic Capital, and Jackson Square Ventures.


Alitheon, a machine vision software company based in Bellevue, Washington, announced the close of $14.9 million in venture capital financing. Participants in the round include BMW i Ventures, IPD Capital and Shasta Ventures alongside current and former senior management from Accenture, Boeing and Fidelity.


ClassPass, a global fitness and wellness marketplace, has raised $285 million in Series E investment round — led by L Catterton and Apax Digital, with additional participation by existing investor Temasek.


Hesai, a global leader in LiDAR technology, has raised $173 million in its series C funding — led by Robert Bosch and Lightspeed. Co-investors include ON Semiconductor, Qiming Venture Partners, DT Capital Partners, and Axiom Asia Private Capital, among others.


Practifi, a business management platform for financial advisors, has raised $16.3 million in Series B funding led by Updata Partners, with participation from existing Series A investors Equity Venture Partners (EVP).


U.S.-based private equity firm Insight Partners will buy cybersecurity firm Armis at a valuation of $1.1 billion.


Swedish digital healthcare provider KRY has raised $155 million in a funding round led by Ontario Teachers’ Pension Plan. KRY’s health app provides users with video-based doctors appointments. Since the company was founded in 2015 it has completed more than 1.4 million patient meetings.


Ruangguru, an online education platform in Indonesia, announced $150 million in Series C funding led by General Atlantic and GGV Capital with the participation of existing investors and a number of new investors.

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