Select deals from last week:
πͺπΈ TravelPerk, a B2B travel booking marketplace, became a unicorn following a $115 million extension of its Series D round from April last year. To fuel growth and become a unicorn in the sector hit the hardest by the pandemic, TravelPerk focused on building the "infrastructure for human connection in SMBs". This has led to a 4x revenue expansion compared to pre-Covid levels.
π¨π΄ LAIKA, a Bogota-based pet products marketplace, secured $48 million Series B funding from Delivery Hero, SoftBank and FJ Labs, among others. Globally the pet care market grew 7.4% to $232 billion in 2021. It is expected to reach $350 billion by 2027. The US-based Chewy, which has a similar business model, has $7.1 billion in revenues last year and commands $18 billion valuation (down from $40 billion during the pandemic). LAIKA plans to launch a subscription-based insurance products for dogs and cats (read more on fintech x marketplaces here.).
Other notable marketplace deals from the last week:
πͺπͺ Bolt, an Estonia-based super app, raised $709 million at $8.4 billion valuation to expand its logistics and food delivery platform.
πΊπΈ AcreTrader, an Arkansas-based farmland marketplace, secured $40 million Series B funding.
πΊπΈ Wonderschool, a toddler education platform, bagged $25 million in Series B funding led by Goldman Sachs.
Read up on all the latest marketplaces deals in Dealroom.co
Exits:
π¬π§ Zeigo, a London-based renewable energy marketplace, was acquired by Schneider Electric for an undisclosed amount.
Read up on all the latest marketplaces exits in Dealroom.co