San Francisco's internet services industry is raking in new investment, with 19 local companies raising money. New funding rounds were recently announced by internet services startups Quill, Fireflies.ai and Roostify, according to company database Crunchbase.
Quill topped the city's recent funding headlines by announcing a $12 million Series A round on Oct. 30.
According to its Crunchbase profile, "Quill is a computer software company that provides a messaging software built for productivity, not engagement. The company is a team of engineers and designers who previously helped build and launch Stripe, Square and OpenAI."
The two-year-old startup also raised a $2 million seed round in 2017.
Next up, Fireflies.ai raised $5 million in seed funding, in a round announced on Oct. 28 and led by Canaan Partners.
According to Crunchbase, "Fireflies generates automated meeting notes from phone conversations. Work is buried inside conversations. Quite specifically, audio calls have tremendous amount of data that cannot be unlocked. Most of these conversations are happening in the form of meetings inside the workplace.
The company also raised a $50,000 convertible note round in 2017.
Meanwhile, Roostify raised Series C funding, announced on Oct. 22. The round was financed by Santander InnoVentures.
From the company's Crunchbase profile: "Roostify is a collection of forward-thinking minds dedicated to enhancing the lending experience for everyone involved in the home buying process. Inspired by the possibilities of transformation; fueled by the promise of collaboration. It’s this spirit of partnership that sits at the heart of everything we do."
Roostify last raised $25 million in Series B funding in 2018.
Across the industry, San Francisco-based internet services companies have raised $366 million in venture funding over the past month, and $6.4 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.
