These up-and-coming Boston companies raised the most funding in November, bringing in a combined $294 million. Read on to learn how these companies will use their latest investments.
#5 (tied). $40 million, November 18
The Series C round was led by Vista Equity Partners’ Endeavor Fund and will go toward fueling international expansion and growing its team. Mabl allows software developers to automate their UI and API tests in the world of no-code and low-code developments.
#5 (tied). $40 million, November 8
DeepCure uses an AI-enabled drug discovery platform to create better molecules and find faster cures across multiple therapeutic areas. The fresh funding will be used to expand into five additional oncology programs and to develop an “automated robotic wet lab.” The funding will also be used to double DeepCure’s headcount in the next year.
#4. $42 million, November 4
The bookkeeping tech startup got $42 million in funding from billionaire Tom Golisano. The funding will go toward expanding Botkeeper’s team and platform. Botkeeper works to make accounting tasks more streamlined and is considered to be one of Boston’s fastest-growing companies. It also made the Inc. 5000 list this year.
#3. $50 million, November 30
Quinyx is a workplace management platform for hourly workers aimed at simplifying scheduling, task management and communication. The company raised $50 million in fresh funding to finish off a year of exceptional growth. The round was led by Battery Ventures and will be used to expand Quinyx’s platform and global footprint.
#2. $60 million, November 16
The e-commerce marketplace for life science products like chemicals and gene-sequencing kits raised $60 million in fresh funding. The round was co-led by VC heavyweight General Catalyst and an unnamed “large, vertically integrated, nonprofit healthcare organization.” The funding is to go toward further growing its platform and hiring for its engineering and development teams.
#1. $62 million, November 9
Reprise is a product experience platform that allows companies to control the demo/narratives of their launching products without engineering involvement. Its Series B funding round was led by ICONIQ Growth with participation from other investors including Trevor Noah of The Daily Show.
