Weekly Round Up: 5/21/2021

At Greenspring we believe in venture capital's ability to propel innovation, job creation and positive societal change. We celebrate those who think differently, take measured risk and challenge perceptions. Here's what's trending in VC this week

Waybridge, a New York-based supply chain platform for raw materials, raised $30 million in recent Series B financing with participation from Greenspring manager Craft Ventures. Learn more about the deal here.

Rally, a platform for buying & selling equity shares in collectible assets, recently  raised $30 million in Series B funding to scale its platform and mobile app giving retail investors access to collectibles led by Greenspring manager Accel. More here. 

Boston-based Klaviyo, a customer data and marketing automation company, raised $320 million in Series D funding with participation from Greenspring manager Accel. You can read more here.

Announcing Greenspring manager Accel’s Virtual eComm Connect 2021: The Future of D2C eCommerce! Join Accel and other special guests to learn what the future of D2C eCommerce holds on June 16^th! You can learn more about the event and register here.

The “Passion Economy”, as coined by Li Jin, makes it easier for people to monetize their individuality through unique, creative work. This gives creators a feeling of autonomy, intrinsic satisfaction, and opens new markets.” Interested in learning more? Check out this blog post from Greenspring manager NFX.

We are thrilled to add Pipe, a trading platform for recurring revenue streams, to the Greenspring Associates portfolio! You can read more about the round here.

Pento, an England-based cloud platform that automates payroll processes for businesses, has raised $15.6 in million in recent financing with participation from Greenspring manager Local Globe. Learn more here. 

Wheel, which is changing the way healthcare works by providing everything companies and clinicians need to deliver care virtually, has raised $50 million in recent financing with participation from Greenspring managers Lightspeed Venture Partners and CRV. More on the deal here.

Join us in welcoming Dooly, which has built a set of AI-based tools to automate the busywork that goes into updating data in sales software, to the Greenspring portfolio! You can find more here.

We are also thrilled to share our recent investment in Immuta, which provides a cloud-native data governance platform for organizations to automate data access control, security, privacy and compliance, as a part of the Company’s $90 million Series D round. More here. 

Mercedes Bent of Greenspring manager Lightspeed Venture Partners has launched a weekly column with Business Insider and the first piece is here: how startups are using behavioral science to win. Check it out here. 

Trade Republic, a German stock trading app, has raised $900 million in Series C financing with participation from Greenspring managers Accel and Founders Fund. More here.

Check out Greenspring General Partner Hunter Somerville on the She-VC podcast discussing the future of diverse and emerging fund managers within venture capital here. 

Israel and Los Angeles-based Sunbit, a buy now, pay later company, raised $130 million in Series D financing with participation from Greenspring manager Zeev Ventures. Read more here.