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

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

Byju’s

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

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

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.

Outlier.org

Outlier.org, 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

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

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

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

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).

Armis

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

KRY

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

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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