Latest marketplace deals:
Selected this week:
🇬🇧 Multiverse, a UK-based apprenticeship recruitment marketplace, has raised a $220M Series D at a $1.7B valuation through StepStone Group, Lightspeed and General Catalyst. The round will fund the company's expansion within the US market. The platform currently works with 500 companies and has placed over 8,000 apprenticeships.
👩🏻💻 Read our 2021 interview with Multiverse's Co-founder and CEO, Euan Blair, where we sat down to discuss championing apprenticeships and non-traditional routes to skills, training and career development.
🇺🇸 Cambly, the San Francisco-based online English tutoring marketplace, has raised $60M in a Series B round. The marketplace bets on being able to win out over competition as it focuses only on English and a simplified model to be cash-flow-positive early on, and not have to overcome high CAC and over-invested education marketplaces.
🇮🇩 Pintu, the Indonesian crypto asset trading platform, has raised a $113M Series B round. The platform focuses on the untapped trading community in Indonesia and first-time traders, even offering educational programs as part of onboarding. The platform currently has over 4 million downloads. The funding will be used to add more tokens to the platform and improve its educational programs.
Other promising marketplace deals:
🇬🇧 Let’s Do This, the UK-based endurance event marketplace, has raised $60M to continue its expansion through the US and improve app functionalities.
🇮🇳 FlexiLoans, the Mumbai-based lending SME marketplace, has raised $90M to expand its lending base, number of customers and fund its BNPL (Buy Now Pay Later) product.
Explore 88 funding rounds of the last week. 👈
Notable exits:
🇺🇸 Realtor.com, a leading US real estate marketplace, has acquired UpNest, a realtor marketplace for buyers and sellers in the market.
🇺🇸 Turo, a US-based peer-to-peer car rental marketplace, has acquired Ouicar, a French competitor, to expand into the new market.
🇮🇳 Pristyn Care, the Sequoia and Tiger Global backed Indian healthcare provider, has acquired Lybrate, a marketplace connecting doctors and patients online.
🇦🇺 Superhero, an Australian investment platform, will merge with Swyftx, the crypto trading platform, and form a new fintech unicorn.
🇳🇱🇫🇷 Lendahand, an impact investment platform, has acquired Babyloan, the micro-entrepreneur impact lending marketplace, to gain more access to crowdfunding in Europe.
Explore 7 exits of the last week. 👈