Weekly Refresh: Compass and monday.com Raised Some Massive Funds

Written by Sophie Kalt
Published on Aug. 05, 2019
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photo via monday.com

Tech giant Compass raises big with $370 million in new funding. The real estate company tries to make  buying and selling homes more simple with its one-stop shop platform. The funds will be used to support its software and engineering hubs and launch a new consumer search feature in August, according to a press statement. [Built In NYC]

Monday.com announced a massive fundraise of $150 million. The workflow communications provider will use the fresh funds to build out its product for integrations and language offerings and scale. [Built In NYC]

Latch wants to make keys a thing of the past with help of $126 million round. Latch is a software platform that allows people to open their doors with their smartphone, key card or code. The impressive funding round will go toward growing their 200 person team and installing their technology in more apartment buildings. [Built In NYC]

Always listen to the customer: Catalyst raised $15 million in a Series A. Catalyst’s tool unifies data sources so companies can better understand their customers, using features like a “health score” to determine whether customers are going to churn. The company currently has 19 employees and plans to double their team by the end of the year, according to TechCrunch.  [TechCrunch]

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