The Scherzer Deal Report: January 25-29, 2021

Here is this week’s Deal Report for private equity and venture capital activity for US-based PE and VC firms and portfolio companies, brought to you by Scherzer International.

PE and VC Firms Fundraising Location Amount Description
GGV Capital  Menlo Park, CA $2.52B New family of VC funds
Prime Movers Lab Jackson, WY $245M Second fund
TCV Menlo Park, CA $4B Eleventh flagship venture capital fund

Private Equity Investors Company  Amount Description
Health Enterprise Partners  Aware Recovery Care Undisclosed Wallingford, CT-based in-home addiction treatment company
Charger Investment Partners B&B Coffeehouse Undisclosed Sandy, UT-based coffeehouse operator
Shamrock Capital  Bayard Advertising Undisclosed New York, NY-based recruitment marketing company
Envest Capital Partners  Bell & Williams Associates Undisclosed Windham, NH-based collection agency
TPG  Certify Undisclosed Portland, ME-based provider of privileged access management solutions
Andreessen Horowitz Clubhouse $100M San Francisco, CA-based audio social network
Mill Rock Capital DRT Holdings Undisclosed Dayton, OH-based manufacturer of specialized components, precision tools and container systems
General Atlantic Equality Health Undisclosed Phoenix, AZ-based population health risk management company
EQT Exeter Property Group $1.87B Conshohocken, PA-based real estate investment manager
Climate Adaptive Infrastructure, Trilantic North America Intersect Power $127M San Francisco, CA-based developer of utility-scale renewable energy
Citadel, Point72 Asset Management Melvin Capital Management $2.75 b New York, NY-based hedge fund
Bain Capital Double Impact Multi-Specialty HealthCare Undisclosed Baltimore, MD-based provider of outpatient post-traumatic injury care and physical rehabilitation
Praesidian Capital Round 2 Undisclosed South Bend, IN-based maker of collectibles like model car kits
LLR Partners, NewSpring Capital, PNC Bank SparkPost $180M Columbia, MD-based email optimization company
San Francisco Equity Partners SV Labs Undisclosed Santa Cruz, CA-based maker of natural beauty and personal care products
Shore Capital Partners Tandem Undisclosed Westchester, IL-based provider of HR solutions to SMEs
JMI Equity TimelyMD $60M Fort Worth, TX-based telehealth provider focused on colleges
Providence Strategic Growth Traliant Undisclosed Manhattan Beach, CA-based provider of online compliance training for fostering inclusive workplaces
Blue Point Capital Partners Transtar Holding Undisclosed Cleveland, OH-based distributor of original equipment and aftermarket automotive products for the transmission and driveline repair market

Venture Capital Investors Company  Amount Description
Telstra Ventures, HarbourVest Partners, Qualcomm Ventures, Prologis Ventures, Defy Partners, Scale Venture Partners Airspace $38M Carlsbad, CA-based time-critical shopping startup
General Atlantic, CapitalG Albert $100M Walnut, CA-based financial advisory platform
Sixth Street Bloomreach $150M Mountain View, CA-based e-commerce experience company
Cat Rock Capital, Sprints Capital, OpenOcean, Piton Capital, VNV Global, Enern, Manta Ray Ventures Booksy $70M Chicago, IL-based booking platform for beauty companies
Threshold Ventures, Forerunner Ventures, Redesign Health Calibrate $22.5M New York, NY-based telemedicine metabolic health platform
Stripe, Thrive Capital Check $35M New York, NY-based payroll infrastructure startup
Josh Buckley ClassDojo $30M San Francisco, CA-based pre-K-8 communications app
D1 Capital Partners, Bessemer Venture Partners, Pitango, Atreides Management DriveNets $208M Red Bank, NJ-based developer of software-based routing solutions for service providers
Northpond Ventures, Deerfield Management, GV, Alexandria Venture Investments, Arch Venture Partners, Biomatics Capital, Decheng Capital, Tao Capital Partners, Nan Fung Life Sciences Encodia $75M San Diego, CA-based proteomics startup
Stripe Fast $102M San Francisco, CA-based provider of online checkout and identity products
Riverstone Holdings, BP, Energy Innovation Capital, TRIREC, Alumni Ventures Group FreeWire Technologies $50M San Leandro, CA-based EV charging company
Structural Capital IMVU $35M Redwood City, CA-based avatar-based social network
Felicis Ventures, 01 Advisors, Founders Fund, General Catalyst, Shasta Ventures, Silverton Partners, Springdale Venture, Stephen Curry Literati $40M Austin, TX-based book club subscription service
NEA and WestCap Group, Brookfield Asset Management, Riverstone Holdings Loanpal $800M Roseville, CA-based point-of-sale payment platform for solar and other home efficiency solutions
Addition, Durable Capital Partners, Fidelity, Baillie Gifford Lyra Health $187M Burlingame, CA-based provider of mental health care benefits for employers
Boathouse Capital, Sterling National Bank Mediafly $25M Chicago, IL-based sales enablement and content management firm
Coatue, Accel, Aleph, Bessemer Venture Partners, Corner Ventures, General Catalyst, Latitude Melio $110M New York, NY-based B2B payments platform for SMBs
Deerfield Management Nuvalent $50M New York, NY-based developer of lung cancer drugs for patients whose disease has proven resistant to current options
OCA Ventures, Greycroft, Valor Equity Partners, PSP Partners, Hyde Park Angels, Pritzker Group VC, Gaingels, Alumni Venture Group Ocient $40M Chicago, IL-based data analytics startup
Insight Partners, Salesforce Ventures, Sapphire Ventures, Innovation Endeavors, Vertex Ventures, Oryzn Capital OwnBackup $168M Englewood Cliffs, NJ-based cloud data protection platform
Tiger Global  Rhino $95M New York, NY-based deposit insurance startup
Ten Coves Capital, Stone Point Capital, Cota Capital, Mouro Capital, Colchis Capital, Point72 Ventures, JPMorgan Chase Roostify $32M San Francisco, CA-based home lending tech provider
Insight Partners, Wing VC, Team8, Operator Collective SetSail $26M San Mateo, CA-based sales comp platform
Periphas Capital ShipMonk $65M Fort Lauderdale, FL-based provider of e-commerce fulfillment solutions
Coatue, T. Rowe Price, 8VC, Bessemer Venture Partners, CPPIB, Sutter Hill Ventures Sila Nano $590M Alameda, CA-based battery materials company
Weatherford Capital SOMA Global $22.5M Tampa, FL-based provider of cloud tech services for law enforcement and fire departments
Alexa Fund, Munich Re Ventures Span $20M San Francisco, CA-based maker of smart electrical panels
Sapphire Ventures, Storm Ventures, NEA, DFJ DragonFund Splashtop $50M San Jose, CA-based remote access and support platform for businesses
TDK Ventures, Goodyear Ventures Starship Technologies $17M San Francisco, CA-based developer of delivery bots
BlackRock, RA Capital, Longwood Fund, 6 Dimensions Capital, Bessemer Venture Partners, GV, Novartis, Pitango HealthTec TScan Therapeutics $100M Waltham, MA-based developer of T-cell therapies for cancer
Leaps by Bayer, Continental Grain Co., PeakBridge Ventures, Skyviews Life Science, Fall Line Capital, Khosla Ventures, Innovation Endeavors, Marc Benioff Ukko $40M Palo Alto, CA-based biotech focused on eliminating food allergies and sensitivities
Lightspeed Venture Partners, GV Vectorized $15.5M San Francisco, CA-based streaming data tool