Weekly refresh: Uber’s helicopter service and a bunch of massive funding rounds

Written by Sophie Kalt
Published on Jun. 17, 2019
Weekly refresh: Uber’s helicopter service and a bunch of massive funding rounds
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photo via vidmob

“Hello, welcome to Uber Copter.” Uber may be taking to the sky. According to documents obtained by Bloomberg, Uber is running final tests for a helicopter service. Starting July 9, passengers will be able to use the Uber app to book a flight through Uber Copter costing between $200 to $225 per person according to a NYT articles published. Look out! [Bloomberg]

Gympass raises $300 million, valued at over $1 billion dollars. Gympass partners with companies to give employees access to gyms in 13 countries, making fitness benefits a priority in the workplace. The round was led by Japan’s SoftBank Vision Fund. [Built In NYC]

Litify raises $50 million Series A to change the future of law. Built atop Salesforce, the Litify toolkit is a one-stop tool for law firms to manage cases, client relationships and documents. The round will be used to expand the company’s current product and develop new solutions. [Built In NYC]

SecurityScorecard raises $50 million Series D. SecurityScorecard provides security ratings for more than one million companies across 175 countries. The round will help the company scale. [Built In NYC]

Privitar secures $40 million funding to go global. Privitar, headquartered in London with an NYC office, raised $40 million in a Series B round. The data privacy company is using the new funds to serve companies across the globe. [Built In NYC]

Misfits Market raised $16.5 million in Series A funding. Misfit Market sends subscription boxes with produce that was labeled “not suitable” for sale at supermarkets. Misfit Market is using the new round of funding to expand into eight new East Coast markets and continue to decrease food waste. Who cares about a few lumps? [Built In NYC]

Messaging app Symphony raises $165 million with a $1.4 billion valuation. Popular among Wall Street bankers due to its secure messaging and collaboration tools, Symphony has raised an impressive $460 million and is backed by Google, Lakestar and UBS. [TechCrunch]

VidMob raises $25 million in venture capital. The new funds will be used to expand its Agile Creative Studio Platform, a toolkit used to transform video advertising. AllBirds, Spotify and Mountain Dew are a couple big names using VidMob for video content. [Built In NYC]

Fivver surges after going public. The creative and professional marketplace debuted on the New York Stock Exchange last week priced at $21 per share, closing its first day of trading at nearly double that: $39. Fiverr raised a total of $111 million as a private company. [Crunchbase]

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