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San Francisco funding news: Mursion tops recent local investments

San Francisco-based augmented reality company Mursion has secured $8 million in Series A funding, according to company database Crunchbase, topping the city’s recent funding headlines. The cash infusion was announced March 26 and led by New Markets Venture Partners.

According to its Crunchbase profile, "Mursion is the virtual reality environment where professionals practice and master the complex interpersonal skills necessary to be effective in high-stress professions. Used by a wide range of innovative organizations in healthcare, education, hospitality, finance and other corporate sectors, Mursion delivers customized virtual reality simulations that recreate the most demanding interpersonal challenges that professionals confront on the job every day."

The five-year-old company has raised two previous funding rounds, including a $4.5 million round in 2018.

The round brings total funding raised by San Francisco companies in software over the past month to $1.4 billion. The local software industry has produced 724 funding rounds over the past year, raking in a total of $19 billion in venture funding.

In other local funding news, natural language processing company Askdata announced a $150,000 seed funding round on March 18, financed by Y Combinator.

According to Crunchbase, "Askdata removes any boundaries between users and data. With AskData, users ask questions in natural language and find answers across all their data. The Askdata platform is based on the Human2SQL, the biggest repository of natural language and SQL statements in the world."

The company also raised a $108,066 pre-seed round in 2015.

Meanwhile, food delivery company Eatgeek raised $150,000 in seed funding, announced on March 18. The round was also financed by Y Combinator.

From the company's Crunchbase profile, "Eatgeek offers an easy way to book restaurants, caterers, food trucks and chefs to cater any occasion. Customers receive cash-back on all orders and a 100% satisfaction guarantee. Eatgeek is a tool to plan birthdays, dinners, corporate events and other special occasions."

Eatgeek last raised seed funding in 2018.

Also of note, digital banking company Point raised $150,000 in seed funding, announced on March 18 and also financed by Y Combinator.

From Crunchbase, "Point is a digital bank for the new generation that offers a debit card with travel and dining rewards without hidden fees. It rewards 2x points and cash back for every dollar spent on traveling or dining with built in budgeting tools to track spending habits."

The company previously raised $450,000 in pre-seed funding earlier this year.

Rounding out the city's recent top local funding events, blockchain company Quantstamp raised corporate round funding, announced on March 6 and financed by Nomura.

From Crunchbase, "Quantstamp is the leader in smart contract security"

The company previously raised $120,000 in seed funding in 2018.


This story was created automatically using local investment data, then reviewed by an editor. Click here for more about what we're doing. Got thoughts? Go here to share your feedback.

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