Raise Report: New funding for DoorDash, Handshake, GoCardless
Every two weeks, we round up some of the biggest fundraises taking place in hyperlocal marketing, commerce, and tech.
Monday, March 14: Marley Spoon laps up $17 million for grocery delivery
Marley Spoon, which delivers ingredients needed for specific recipes to users, has raised $17 million, TechCrunch reported. QD Ventures, Kreos Capital and several existing investors funded the round. Marley Spoon, based in Berlin, will use the round to expand its service in the United States.
Thursday, March 17: Handshake secures $14 million haul to streamline manufacturing commerce
Handshake, a platform that allows distributors and manufacturers to process orders more efficiently than emails and phone calls allow, has raised $14 million, according to a press release. Handshake will use the capital to develop its platform. Sozo Ventures led the round.
Thursday, March 17: Distribusion locks down €6 million to facilitate intercity bus travel
Distribusion, which connects bus operators and travel re-sellers to enable the exchange of intercity bus tickets, has raised €6 million, Tech EU reported. Northzone, Creandum, and HR Ventures provided the funds, which will help Distribusion strengthen its technology, expand its staff and move into South American and Southeast Asian markets.
Sunday, March 20: Mattermark scores $7.3 million to sharpen business intelligence tool
Mattermark, which makes software that helps businesses process large amounts of data about other businesses, has raised $7.3 million in Series B funding, according to VentureBeat. Foundry Group led the round, to which Jon Hallett and existing investors also contributed. Mattermark will use the funds to bolster its sales team.
Tuesday, March 22: DoorDash bags $127 million, doubling down on “core technology”
DoorDash, one of the leading restaurant food delivery services, has raised $127 million, The Wall Street Journal reported. DoorDash will use the fresh capital to “continue investing” in its “core technology,” CEO Tony Xu wrote in a blog post on the company’s site. Returning investor Sequoia Capital led the round.
Tuesday, March 22: Loverly pulls in $2 million to streamline wedding planning
Just as ZenCare has done for therapists and Zocdoc for physicians, Loverly has made finding a wedding planner easy with the help of the web. The company, which allows users to provide information about their budgets and other needs and sends them a list of wedding planners with whom to connect, has raised $2 million, TechCrunch reported. Hunt Technology Ventures, LP led the round.
Wednesday, March 23: GoCardless grabs $13 million to thin out your wallet
Payment processor GoCardless has raised $13 million in new funding, Business Insider reported. GoCardless allows companies to process debit payments quickly online. The company currently serves about 16,000 businesses and will use the cash to expand its reach across the globe. Notion Capital led the round.
Joseph Zappa is a Street Fight contributor.