The Fair Credit Reporting Act and Commercial Transactions
Does the Fair Credit Reporting Act (FCRA) apply to commercial transactions?
Although the FCRA is generally limited to consumer-purpose transactions (e.g., those primarily for personal, family, or household purposes), there is no straightforward answer regarding commercial transactions. This is because the FCRA defines a “consumer” as just an “individual.” The FCRA does not require the consumer/individual to obtain the loan specifically for a consumer purpose. Whether and how the FCRA applies depends on the facts and circumstances regarding the commercial transaction.
Commercial Loans, Personal Liability, and the Permissible Purpose Requirement
When an individual applies for a loan primarily for personal, family, or household purposes, the lender has a permissible purpose under the FCRA to obtain the individual’s consumer report.
However, a commercial transaction does not give rise to a permissible purpose except for a report on an individual – such as a sole proprietor or principal of a company – who will be personally liable for the debt. In a Federal Trade Commission (FTC) staff opinion letter dated in 2001, the FTC stated that “it is reasonable to view a business transaction in which an individual has accepted personal liability for the business debt as involving the consumer, thus providing a permissible purpose for the lender to obtain a consumer report under Section 604(a)(3)(A).”
A follow-up question is whether the commercial loan application itself is enough of a permissible purpose when the individual is only a guarantor and not otherwise related to the transaction or debtor. Another 2001 FTC opinion letter concluded that if an individual has any personal liability on a business loan, including just a guarantee, there would be a permissible purpose by means of the application for credit.
These opinion letters have been reaffirmed in subsequent FTC publications.
As a caveat, however, it is important to remember that these opinion letters are merely informal guidance and are not binding on the FTC, the courts, or other governmental regulators. That is why we think the best practice is to get written authorization from the individual (another form of permissible purpose under the FCRA) before preparing the report.
Reporting Adverse Information
When the FCRA applies to a commercial transaction, the restrictions for reporting adverse information should be followed. The restrictions generally prohibit reporting adverse information that pre-dates the report by seven years. Bankruptcies that pre-date the report by 10 years cannot be reported. Criminal convictions can be reported regardless of the date.
The FCRA also provides an important exemption to these reporting restrictions. If a credit transaction involves, or may reasonably be expected to involve, a principal amount of $150,000 or more, the restrictions on reporting adverse information do not apply.
Adverse Action Notice
When the FCRA applies to a commercial transaction, does the adverse action notice requirement apply? The general rule in the FCRA is that if the lender obtains a consumer report and takes adverse action based, in whole or in part, on any information in the report, the lender must give the consumer an adverse action notice. Therefore, in the commercial context, the lender should give the consumer an adverse action notice if the loan application is denied.
What about guarantors? Although the FCRA is silent on whether guarantors are included for purposes of an adverse action notice, the FTC clarified the issue in a 2000 advisory letter. If the consumer is only a guarantor (i.e., secondarily liable on the loan), then an adverse action notice would not be required to be provided to the guarantor. This is true even if the application is denied based on information in the guarantor’s consumer report.
The Scherzer Deal Report: February 3-7, 2025
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.
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Fundraising for PE & VC Funds
Balbec Capital
$1.7B
Sixth private credit fund
CF Private Equity
$665M
15th venture fund-of-funds ($539M), second venture direct fund ($100M, and a blockchain venture fund ($25M)
Conviction Partners
$230M
Second fund
GTMfund
$54M
Second VC fund
Longshore Capital Partners
$325M
Second fund
o15 Capital Partners
$370M
Credit opportunities fund
Overlap Holdings
$33M
Debut VC fund
Petra Capital Partners
$270M
Fifth growth equity fund
TVM Ventures
$100M
Debut fund
Private Equity Deals
Blackstone
AI Fire
Undisclosed amount
Long Beach, CA-based provider of fire safety equipment
TPG
Altus Power
Undisclosed amount
Stamford, CT-based owner of largest commercial-scale solar in the U.S.
The Stephens Group
Astro Pak
Undisclosed amount
Costa Mesa, CA-based provider of cleaning services for regulated industries
Brookfield
Chemelex
Undisclosed amount
Houston, TX provider of electric thermal and sensing solutions
Trinity Hunt Partners
Craft and Verndale
Undisclosed amount
Boston, MA-based digital customer experience services companies
Frontenac
CROM
Undisclosed amount
Gainesville, FL-based provider of water infrastructure solutions
Permira
Encore Fire Protection
Undisclosed amount
Pawtucket, RI-based leading provider of fire protections services
Architect Equity
Gibbs Die Casting
Undisclosed amount
Henderson, KY-based maker of die-cast products for the automotive and industrial markets
DigiCap
Govplace
Undisclosed amount
Bethesda, MD-based provider of IT solutions for federal agencies
Rubicon Founders
Horizon Infusions
Undisclosed amount
Blue Ash, OH-based ambulatory infusion provider
Godspeed Capital
InSite Engineering
Undisclosed amount
Hoover, AL-based water and wastewater engineering firm
Greenhall Capital Partners
Johnson Communications
Undisclosed amount
Alvarado, TX-based company focused on on rural fiber-optic telecom deployment
Stone Point Capital
Kestra
Undisclosed amount
Austin, TX-based wealth management platform
Bain Capital
Milacron
Undisclosed amount
Batesville, IN-based provider of plastic processing equipment and services
JLL Partners
Odyssey Behavioral Healthcare
Undisclosed amount
Brentwood, TN-based provider of behavioral health care
Energy Spectrum Partners
Renegade Infrastructure
Undisclosed amount
Houston, TX-based developer and acquirer of midstream energy infrastructure
JMI Equity
SimpliGov
Undisclosed amount
Sacramento, CA-based government workflow automation platform
Turn/River Capital
SolarWinds
Undisclosed amount
Austin, TX-based provider of observability and IT management software
Court Square Capital Partners and WindRose Health Investors
Soleo Health
Undisclosed amount
Frisco, TX-based infusion company
CIVC PartnersStrategus
Undisclosed amount
Englewood, CO-based managed services provider of connected TV advertising campaigns
Berkshire Partners
Triumvirate Environmental
Undisclosed amount
Somerville, MA-based provider of environmental services
Venture Capital Deals
Greylock, Spark Capital, and CRV
7ai
$36M
Boston, MA-based agentic security platform
Energize Capital, Lightspeed Venture Partners, Bain Capital Ventures, G9 Ventures, Capital F, Woodline Partners, and Frontline Growth
Archive
$30M
San Francisco, CA-based online resale platform for fashion
Northzone, Sofina, and FJ Labs
Berry Street
$50M
New York, NY-based nutrition counseling platform
Nexus Venture Partners
Cognida.ai
$15M
Chicago, IL-based enterprise AI startup
Goldman Sachs, General Catalyst, and Forerunner
Fay
$50M
San Francisco, CA-based digital nutritional therapy company
DFJ Growth, Booz Allen Ventures, Revolution Capital, Costanoa Ventures, Washington Harbour Partners, Veteran Ventures, and Founders Circle Capital|
Hidden Level
$65M
Syracuse, NY-based drone defense startup
Battery Ventures, Citi Ventures, Sorenson Capital, and Pelion Ventures Partners
Jump
$20M
Salt Lake City, UT provider of AI solutions for financial advisors
Flare Capital Partners, CVS Health Ventures, McKesson Ventures, .406 Ventures, Obvious Ventures, and Frist Cressey Ventures
Lynx
$27M
Boston, MA-based fintech for healthcare payments and administration
Base10 Partners
Monograph
$20M
San Francisco, CA-based architecture project management platform
USV, Congruent Ventures, Powerhouse Ventures, and Jetstream
Presto
$15M
Oakland, CA-based developer of charging-management software for EV fleets
Left Lane Capital, YC, Base10, and FundersClub
Riot
$30M
New York, NY-based provider of employee-focused cyber-protection software
Menlo Ventures, Felicis, Harpoon Ventures, Lightspeed Venture Partners, Redpoint Ventures, and Sequoia Capital
Semgrep
$100M
San Francisco, CA-based application security platform
Cambridge Cos SPG, Eni Next, Milliken & Co., Kirkbi Climate, Convent Capital, Swen Capital Partners, MBX Capital, and the Oman Investment Authority
Tidal Vision
$140M
Bellingham, WA-based green chemistry startup
Warburg Pincus and Berkshire Partners
Triumph Group
$3B
Radnor, PA-based maker of aftermarket parts for aerospace and defense systems
Intel Capital, Jump Capital, Eniac Ventures, and Peak XV Partners
TrueFoundry
$19M
San Francisco, CA-based AI deployment and scaling platform
NewRoad Capital Partners, Roku, Second Alpha Partners, Norwest Venture Partners, S4S Ventures, and Progress Ventures
tvScientific
$25.5M
El Segundo, CA-based ad tech startup
Altos Ventures, New Legacy Ventures, Lerer Hippeau, Catapult Ventures, Lavrock Ventures, New Stack Ventures, TenOneTen, DA Ventures, Union Labs VC, and Techstars
Urban Sky
$30M
Denver, CO-based stratospheric balloon maker
Segra Capital Management, Jane Street, Ares Management, and Emerson Collective
X-energy
$700M
Rockville, MD-based developer of small modular reactors
KKR
XOi
$230
MNashville, TN-based provider of field service tech
The Scherzer Deal Report: January 27-31, 2025
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.
Sign up: Get private equity and venture capital deals delivered to your inbox every week!
Fundraising for PE & VC Funds
Blue Sage Capital
$618M
Fourth fund
Cogenuity Partners
$425M
Debut fund
Francisco Partners
$3.3B
Third opportunistic credit fund
Private Equity Deals
Blackford Capital
Ace Controls
Undisclosed amount
Houston, TX-based maker of industrial control panels
Triton Pacific Healthcare Partners and Star Mountain Capital
Already Autism Health
Undisclosed amount
Charlotte, NC-based applied behavior analysis firm
Wynnchurch Capital
Astro Shapes
Undisclosed amount
Struthers, OH-based maker of custom aluminum extrusions
Apollo Global Management
Barnes Group
Undisclosed amount
Bristol, CT-based maker of aerospace components
e2p
Bil-Jac Foods
Undisclosed amount
Medina, OH-based maker of premium dog food and treats
TJC
Databank
Undisclosed amount
Dallas, TX-based data center operator
Fengate Private Equity
eMAX Health
Undisclosed amount
Delray Beach, FL-based pharma R&D firm
Carlyle
Entertainment 360
Undisclosed amount
Hollywood, CA-based production and talent management firm
ICV Partners
Environmental Remedies
Undisclosed amount
Hayward, CA-based provider of residential asbestos abatement services
Bain Capital
Frontline Road Safety
Undisclosed amount
Denver, CO-based provider of pavement marking services
KKR
Henry Schein
Undisclosed amount
Melville, NY-based provider of products to dentists and doctors
Northlane Capital Partners
Plus Delta Partners
Undisclosed amount
Carlsbad, CA-based provider of fundraising solutions for education and nonprofits
Blackstone
Potomac Energy Center
Undisclosed amount
Loudoun County, VA-based natural gas plant
Vista Equity Partners
RiskExec
Undisclosed amount
Knoxville, TN-based fair lending compliance reporting and analytics SaaS
BP Energy Partners and Keystone Group
Smart Wires
Undisclosed amount
Durham, NC-based grid upgrade and analytics provider
Brightstar Capital Partners
WW Williams
Undisclosed amount
Dublin, OH-based provider of commercial trucking parts
Venture Capital Deals
Index Ventures and GV
Allara Health
$26M
New York, NY-based virtual care provider for women with chronic hormonal conditions
BioStar Capital, Cue Growth Partners, and the University of Michigan
Amplitude Vascular Systems
$36M
Boston, MA-based developer of medical devices for calcified arterial disease
Mosaic General Partnership, Zeev Ventures, Entrée Capital, and Tal Ventures
Anchor
$20M
New York, NY-based invoice management startup
Questa Capital, SignalFire, Frist Cressey Ventures, CityLight Ventures, InterAlpen Partners, Valeo Ventures and Hustle Fund, and JSL Health
Bicycle Health
$16.5M
Boston, MA-based virtual opioid addiction treatment startup
Bison Ventures, Cibus Capital, Acre Venture Partners, Congruent Ventures, Fall Line Capital, E14 Fund, SNR, and Serra Ventures
Bonsai Robotics
$15M
San Jose, CA-based autonomous agriculture startup
Sageview Capital, Headline, and RWT Horizons
Closinglock
$34M
Austin, TX-based provider of payment and fraud prevention tools for real estate
USVP, Tokio Marine, Mayo Clinic, and Artis Ventures
Delfina
$17M
San Francisco, CA-based maternal health startup
Tamarack Global, Cantos Ventures, Overmatch, Alpaca, Sparkwave Capital, YC, and Scrum Ventures
Earth AI
$20M
San Mateo, CA-based mining exploration startup
A16z, Iconiq Growth, NEA, World Innovation Lab, Valor, Endeavor Catalyst Fund, Lunate, Sequoia Capital, Salesforce Ventures, Smash Capital, SV Angel, NFDG, and BroadLight Capital
ElevenLabs
$180M
New York, NY-based AI voice synthesis startup
Lightspeed Venture Partners, SoftBank, Sam Altman, Capricorn Investment Group, Mithril Capital, Dustin Moskovitz, and Nucor
Helion
$425M
Everett, WA-based nuclear fusion startup
Tribe Capital, PIF, Republic Capital, Vibe VC, Humbition, Hanwha, Gaingels, Looking Glass Capital, FJ Labs, and Agent Capital
Hone Health
$33M
New York, NY-based telehealth startup focused on longevity care
Armira Growth, Alantra, and Fortyone
Meteomatics
$22M
Exton, PA-based weather intel provider
CapitalG, Redpoint Ventures, and Baukunst
Motif
$46M
San Francisco, CA-based developer of architecture design software
Inovia Capital, Information Venture Partners, Bluefish Capital, NextWorld Capital, NJP Ventures, and Operator Stack Fund
Nue
$20M
San Francisco, CA-based revenue lifecycle management startup
Felicis and Lightspeed Venture Partners
Observo AI
$15M
Fremont, CA-based data pipeline startup
General Catalyst, Insight Partners, Caffeinated Capital, 9Yards Capital, and Human Capital
Onebrief
$50M
Austin, TX-based platform for military planning and operations
Hedosophia
Qsic
$25M
Dallas, TX-based in-store audio company
Transformation Capital, Khosla Ventures, World Innovation Lab, UP2398, Kickstart Fund, OCV Partners, and Cone Health
Rad AI
$60M
San Francisco, CA-based maker of AI tools for radiologists
Touring Capital, Foundation Capital, Omega Healthcare Investors, Inc., Founders Fund, Cross Creek, Samsung Next, and Qualcomm Ventures
SafelyYou
$43M
San Francisco, CA-based fall prevention and senior living care startup
Dell Technologies Capital, Vertex Ventures, Cota Capital, Village Global, Bloomberg Beta, West Wave Capital, and Uncorrelated Ventures
Savant Labs
$18.5M
San Mateo, CA-based automation platform for business analysts
GreatPoint Ventures, CrowdStrike Falcon Fund, Planven, Cota Capital, and Storm Ventures
Seraphic Security
$29M
San Jose, CA-based provider of enterprise browser security solutions
March Capital, Addition, and Z47
SuperOps
$25M
Dallas, TX-based IT automation SaaS
Centana Growth Partners, Silverton Partners, Impact Engine, Northwestern Mutual Ventures, and Alumni Ventures
The Helper Bees
$35M
Austin, TX-based provider of non-skilled home care
WiL, Sageview Capital, AVP, RRE Ventures, Two Sigma Ventures, Qualcomm Ventures, Fifth Wall, Supply Chain Ventures, and Sorenson Capital
Tive
$40M
Boston, MA-based provider of shipment monitoring solutions
Woven Capital, UMC Capital, MyBerg, W.R. Berkley, Menora Mivtachim, and More Investment House
UVeye
$41M
Teaneck, NJ-based vehicle inspection tech startup
Munich Re Ventures, Microsoft’s Climate Innovation Fund, Tyche Partners, Piva Capital, National Grid Partners, Dara Holdings, SiteGround, VXI Capital, Breakthrough Energy Ventures, Congruent Ventures, Engine Ventures, Fine Structure Ventures, and Galvanize Climate Solutions
Veir
$75M
Woburn, MA-based startup replacing conventional power lines with superconductors
Threshold Ventures, Avenir Ventures, BAM Ventures, Spark Capital, Zetta Venture Partners, and Pillar VC
VideaHealth
$40M
Boston, MA-based dental AI startup
The Scherzer Deal Report: January 20-24, 2025
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.
Sign up: Get private equity and venture capital deals delivered to your inbox every week!
Fundraising for PE & VC Funds
Incline Equity Partners
$500M
Second fund
Madrona Ventures
$770M
Early-stage startups ($495M) and later-stage fund ($275M)
Novacap
$1B
First digital infrastructure fund.
Private Equity Deals
Aiga Capital Partners
Cenergy Power
Undisclosed amount
Aliso Viejo, CA-based solar developer
LL Funds
Evernest
$15M
Birmingham, AL-based property management company
Latticework Capital Management and Edgehill Management
Life Science Connect
Undisclosed amount
Pittsburgh, PA-based life science digital media business
Wafra
Niobrara Capital
Undisclosed amount
New York, NY-based private equity firm founded by Chip Schorr, Todd Bradley and Mike Pompeo
American Pacific Group
ServerLift
Undisclosed amount
Phoenix, AZ-based manufacturer of handling and lifting equipment for IT infrastructure
Venture Capital Deals
Google
Anthropic
$1B
San Francisco, CA-based AI business
Maverick Silicon, Synopsys, Matrix Partners, and Intel Capital
Baya Systems
$36M
Santa Clara, CA-based system IP business
Meritech Capital Partners LP, Sequoia Capital Operations LLC, First Round Capital LLC, Box Group LLC and Boldstart Ventires LLC
Clay
$40M
New York, NY-based sales AI startup
Meta, Temasek, and QIA
Databricks
$10B
San Francisco, CA-based data intelligence company
Summit Partners and Telescope Partners
Fundraise Up
$70M
Brooklyn, NY-based fundraising platform for nonprofits
QIA, Greylock Partners, NEA, Andreessen Horowitz, and Index Ventures
Instabase
$100M
San Francisco, CA-based startup using AI to organize and analyze unstructured data
Balderton Capital, Visionaries Club, Creandum, Firstminute, and Seedcam
Lindus Health
$55M
New York, NY-based clinical trials research services company
Avenue Sports Fund
Men in Blazers Media Network
$15M
New York, NY-based U.S. soccer media business
Emergence Capital, Avra Capital, Samsung Next, Andreessen Horowitz, Y Combinator, and Ardent
Method
$41.5M
Austin, TX-based startup embedding debt and debt repayment features into fintech applications
SYN Ventures, ClearSky, Atlantic Bridge, Flint Capital, DNX Ventures, and Glilot Capital Partners
Mitiga
$30M
New York, NY-based cyber investigation and response business
Connect Ventures, monashees, Kickstart, Samsung Next, Toba Capital, Valutia, and Pelion
Music AI
$40M
Salt Lake City, UT-based AI app maker for audio and music
Wave Ventures, UPMC Enterprises, Labcorp and First Trust Capital Partners
Percipio Health
$20M
Plano, TX-based startup using smartphones to assess population health
Sequoia Capital, Paradigm, a16z crypto, and Variant
Phantom
$150M
San Francisco, CA-based crypto wallet business
Georgian, 01A, avra, Addition, Bessemer Venture Partners, General Catalyst, and the South Park Commons Fund
Render
$80M
San Francisco, CA-based cloud application company
Koch Disruptive Technologies
Rhino.ai
$50M
Washington, DC-based tech modernization company using AI
Bessemer Venture Partners, Bain Capital Ventures, Menlo Ventures, Inspired Capital, and AlleyCorp
ShopMy
$77.5M
New York, NY-based digital shop maker for creators
Emergence, GV, Madrona, The Chainsmokers (Mantis VC), and Conviction
StackBlitz
$83.5M
San Francisco, CA-based maker of AI developer tools used to build websites
The Scherzer Deal Report: January 13-17, 2025
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.
Sign up: Get private equity and venture capital deals delivered to your inbox every week!
Fundraising for PE & VC Funds
Cohere Capital Partners
$215M
Second fund focused on tech-enabled lower midmarket companies
Colbeck Capital Management
$700M
Third midmarket private credit fund
Hildred Capital Management
$800M
Third midmarket healthcare fund
Insight Partners
$12.5B
3th flagship fund and second opportunities fund
Mountaingate Capital
$570M
Third lower midmarket PE fund
Sky Island Capital
$300M
Second fund focused on tech-enabled lower midmarket companies
StepStone Group
$1.4B
Infrastructure co-investment fund
Private Equity Deals
New Mountain Capital
Access Healthcare
Undisclosed amount
Dallas, TX-based revenue cycle management firm
Abu Dhabi Investment Authority
AlphaGen
$500M
Staten Island, NY-based power infrastructure company
Harvest Partners
Alumni Staffing
Undisclosed amount
Bridgewater, NJ-based locum tenens health-care staffing firm
WindRose Health Investors
Civie
Undisclosed amount
Plano, TX-based provider of AI-powered radiology solutions
PSG
Core Sound Imaging (dba Studycast)
$80M
Raleigh, NC-based medical imaging platform
Roark Capital
GPRS Holdings
Undisclosed amount
Maumee, OH-based provider of subsurface contractor
InTandem Capital Partners
Healthfuse
Undisclosed amount
Milwaukee, WI-based provider of revenue cycle vendor management
Consortium Brand Partners
Jonathan Adler
Undisclosed amount
New York, NY-based home décor and furniture company
New Mountain Capital
Machinify
Undisclosed amount
Palo Alto, CA-based provider of health-care payments software
Revelstoke Capital Partners
Omega Systems
Undisclosed amount
Reading, PA-based provider of managed IT and security services
Brookfield Asset Management and Antin Infrastructure Partners
Origis Energy
Undisclosed amount
Miami, FL-based renewable energy company
ADIA and GIC
Pye-Barker
Undisclosed amount
Alpharetta, GA-based fire protection company
Gryphon Investors
Spindrift
Undisclosed amount
Newton, MA-based maker of sparkling water products
Berkshire Partners and Court Square
Thrive
Undisclosed amount
Foxborough, MA-based cybersecurity and IT manages services company
Montagu
Tyber Medical
Undisclosed amount
Bethlehem, PA-based orthopedic device company
New Mountain Capital
Union Healthcare Insight
Undisclosed amount
Washington, DC-based healthcare research and insights platform
Rotunda Capital Partners
Value Added Distributors
Undisclosed amount
Shawnee, WI-based distributor of hoses and other products to specialty vehicle OEMs and other mobile fluid power users
GTCR
Winged Keel
Undisclosed amount
New York, NY-based life insurance brokerage focused on inter-generational wealth and estate planning strategies
Venture Capital Deals
Aramco Ventures and SV Investment
Amogy
$56M
Brooklyn-based developer of ammonia-based fuels for trucks and ships.
Counterpoint Global, Felicis, GV, HBM Genomics, Khosla Ventures, Menlo Ventures, Nimble Ventures, Redmile Group, T. Rowe Price, and Wing VC
Clear Labs
$30M
San Carlos, CA-based sequencing platform for turnkey diagnostics
TWG Global
Colossal Biosciences
$200M
Austin, TX-based “de-extinction” company known for its work on the woolly mammoth and dodo
A16z, Lightspeed Venture Partners, and Menlo Ventures
Eve
$47M
San Francisco, CA-based AI legal platform
Capricorn, Leitmotif, Tiger Global, Coca-Cola, Greycroft, ArcTern Ventures, Thor Industries, TechNexus, Ridgeline, Maniv Mobility, Ironspring Ventures, Schematic Ventures, and Overture Climate
Harbinger
$100M
Los Angeles, CA-based maker of electric commercial trucks
53 Stations, Biospring Partners, B Capital Group, and Glasswing Ventures
Labviva
$25M
Boston, MA-based procurement platform for life sciences
Tribeca Venture Partners and DNX Ventures
Leap
$20M
New York, NY-based physical retail platform for digital brands
Tikehau Capital, Axial Partners, Bpifrance, Foundation Capital, Temasek, and Uncork Capital
Loft Orbital
$170M
San Francisco, CA-based space infrastructure startup
Springcoast Partners, Edison Partners, and Americo
Overhaul
$55M
Austin, TX-based provider of supply chain risk management solutions
LFX Venture Partners and GLP
Pipe17
$15.5M
Seattle, WA-based e-commerce order management platform
Smith Point Capital, HSBC, Berkeley SkyDeck, DallasVC, Insight Partners, JPMorgan Chase, and SignalFire
Prophecy
$47M
Palo Alto, CA-based data copilot
KKR and Bessemer Venture Partners
Qventus
$85M
San Francisco, CA-based provider of hospital management automation software
Matrix Partners, Sound Ventures, Woodson Capital, and Touch Ventures
Reshop
$17M
San Francisco, CA-based instant refunds startup
Booz Allen Ventures, NordicNinja, and SIP Capital
SEEQC
$30M
Elmsford, NY-based quantum computing startup
Health Care Service Corp., Adams Street, Cobalt Ventures, and Horizon Mutual Holdings
Solera Health
$40M
Phoenix, AZ-based provider of health-care navigation software
Breakthrough Energy Ventures, Glade Brook Capital Partners, Industrious Ventures, Point72 Ventures, Seven Seven Six, and YC
Stoke Space
$260M
Kent, WA-based, maker of reusable rockets
Left Lane Capital
The Snow League
$15M
New York, NY-based pro snowboarding league from Shaun White
Regeneron, Illumina and 17 U.S. health systems
Truveta
$320M
Bellevue, WA-based health data platform with a genetics database
NEA, Yosemite, Regeneron Ventures, and Hevolution Foundation
Tune Therapeutics
$175M
Durham, NC-based epigenome editing company
Double Point Ventures, DCVC Bio, ARK Invest, Cormorant, MPM Capital, Qiming Venture Partners USA, RTW Investments, Alexandria Venture Investments, SoftBank, CaaS Capital, Emerson Collective, K2 HealthVentures, Myeloma Investment Fund, and the University of Minnesota Endowment
Umoja Biopharma
$100M
Seattle, WA-based cancer biotech
Centana Growth Partners
Vividly
$30M
San Francisco, CA-based trade promotion management platform for CPG brands