Bay Area/ San Francisco/ Retail & Industry
Published on March 20, 2019
San Francisco funding news: ThirdLove, ClassDojo, Fictiv top recent local investmentsPhoto: Fictiv/Facebook 

San Francisco-based lingerie company ThirdLove has secured $55 million in Series B funding, according to company database Crunchbase, topping the city’s recent funding headlines. The cash infusion was announced Feb. 26 and led by Allen & Company.

According to its Crunchbase profile, "ThirdLove is a fast-growing intimates brand that believes fit should come first. Our mission is to help every woman find her perfect fit by combining the best design and technology. Instead of using standard industry measurements, ThirdLove bras are designed with real women in mind, and we developed proprietary ½-cup sizes based on thousands of real women’s measurements to help women everywhere find a better-fitting bra."

The six-year-old company has raised two previous funding rounds, including a $8 million Series A round in 2016.

The round brings total funding raised by San Francisco companies in commerce and shopping over the past month to $325 million. The local commerce and shopping industry has seen 160 funding rounds over the past year, securing a total of $4 billion in venture funding.

In other local funding news, knowledge management company ClassDojo announced a $35 million Series C funding round on Feb. 28, led by SignalFire.

According to Crunchbase, "ClassDojo is a school communication platform that teachers, students, and families use every day to build strong relationships and supportive communities, sharing what’s being learned in the classroom back home through student portfolios, photos, videos, and messages."

Founded in 2011, the company has raised three previous rounds, including a $21 million Series B round in 2016.

Meanwhile, virtualization company Fictiv raised $33 million in Series C funding, announced on March 5.

From the company's Crunchbase profile, "Fictiv operates a manufacturing platform that enables users to design, develop and deliver fabricate parts. Its online interface enables customers to get instant quotes, review manufacturing feedback, and manage orders from vendors. Fictiv’s platform enables users to leverage distributed manufacturing to fabricate parts through 3D printing and CNC machining."

Fictiv last raised $15 million in Series B funding in 2018.

Also of note, customer relationship management company Affinity raised $26 million in Series B funding, announced on Feb. 13 and led by Advance Venture Partners.

From Crunchbase, "Affinity is a relationship intelligence platform built to expand and evolve the traditional CRM. Affinity instantly surfaces all of your team's data and shows you who is best suited to make the crucial introductions you need to close your next big deal. Using AI and natural language processing, Affinity helps your team curate and grow its network by unlocking introductions to decision makers and auto-populating your pipeline to increase deal flow."

The company previously raised $13 million in Series A funding in 2017.

Rounding out the city's recent top local funding events, developer tools company Mode Analytics raised $23 million in Series C funding, announced on Feb. 12 and led by Valor Equity Partners.

From Crunchbase, "Mode Analytics provides online service for collaboratively analyzing data. It hosts a central repository of work and surfaces it to analysts in real time, allowing them to address problems without needing to first recreate work. Bennett Stancil, Derek Steer, and Joshua Ferguson founded Mode Analytics in 2013."

The company previously raised $13 million in Series B funding in 2017.


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.