HighSpot hits $2.3bn valuation after Series E round
Highspot, the sales-enablement platform, closed $200m (£142) in Series E funding led by Tiger Global Management, with participation from new investor Bain & Company. The round included all existing investors: ICONIQ Growth, Madrona Venture Group, OpenView, Salesforce Ventures, Sapphire Ventures and Shasta Ventures. The round values Highspot at $2.3bn. Customers include DocuSign, John Deere and Nestle.
Monument builds £28m in Series A funding
Monument, a new digital bank with a focus on servicing property investors, raised over £28m in Series A funding. Monument plans to launch this summer. The bank will make property investment loans of up to £2m through its digital platform. So far, Monument has raised around £40m in funding.
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UK: On-demand laundry and dry cleaning platform, Laundryheap, which claims to be the world’s fastest growing platform of its kind, has raised $3.5 million as part of Series A round led by Sova VC, with participation by SidebySide Partnership.
Founded in the UK in 2014, Laundryheap offers door-to-door laundry and dry-cleaning services to consumer and business customers, including major brands, returning items to users within 24 hours.
The raise follows years of steady growth where Laundryheap has focused on building a sustainable model that centres around repeat custom. A surge in interest following the outbreak of the pandemic has fuelled further market growth and led to a series of successful expansions to new markets during 2020, including: the USA, Singapore, Sweden and across the Middle East.