San Francisco's software industry is raking in new investment, with 45 local companies securing venture capital. New funding rounds were recently announced by software ventures Skupos, Apollo, AnyRoad and ReUp Education, according to company database Crunchbase.
Skupos topped the city's recent funding headlines by announcing a $26 million Series B round on June 10, led by Insight Partners.
According to its Crunchbase profile, "Skupos leverages technology to convert manual processes into data-driven workflows. Skupos drives business outcomes from business data. The company records and analyzes billions of transactions every year for stores, brands, and distribution partners."
The three-year-old startup has raised four previous funding rounds, including a $6.4 million Series A round in 2018.
Next up, Apollo raised $22 million in Series C funding, in a round announced on June 12 and led by Matrix Partners.
According to Crunchbase, "Driving the momentum behind GraphQL, its Data Graph Platform helps developers, startups, and enterprises get the most out of GraphQL. Apollo builds open source tools and commercial services used by thousands of developers in production and has cultivated a strong community around GraphQL. With the Apollo Data Graph Platform, customers like Expedia, Airbnb, Audi, SurveyMonkey, and others rapidly implement GraphQL, consistent with industry best practices."
Founded in 2011, the company has raised three previous rounds, including a $20 million Series B round in 2015.
Meanwhile, AnyRoad raised $9.2 million in Series A funding, announced on June 4. The round's investors were led by Andreessen Horowitz.
From the company's Crunchbase profile, "AnyRoad is an experience relationship management (ERM) platform that enables global brands to properly measure, scale, and implement their experiential marketing campaigns. It helps companies create brand loyalty, change consumer behavior, and better understand their brand associations. AnyRoad’s software integrates into CRM, loyalty, ERP and POS systems to complete the loop, building the model of exactly how these experiences build loyalty, increase brand perception and increase revenue."
AnyRoad last raised seed funding in 2018.
Also of note, consulting company ReUp Education raised $6 million in Series A funding, announced on June 6 and led by TDM Growth Partners.
From Crunchbase, "At ReUp, we partner with universities and community colleges to find, engage and empower students who have left school to return, navigate a path to complete their degree and achieve their goals. Over the past two years, we've helped 're-up' over 8,000 students and recapture over $18 million in tuition revenue for our partners using a proprietary combination of data, technology and coaching."
The company previously raised seed funding in 2016.
Across the industry, San Francisco-based software companies have raised $656 million in venture funding over the past month, and $19 billion over the past year.
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.
