San Francisco-based risk management company Embroker has secured $28 million in Series B funding, according to company database Crunchbase, topping the city's recent funding headlines. The cash infusion was announced April 9 and led by Tola Capital.
According to its Crunchbase profile, "Embroker is the easiest way to intelligently insure any business. By pairing technology and broker expertise, Embroker helps growing businesses save time and find the best value on the right coverage. As the leading digital insurance brokerage, Embroker is working to massively improve the $800 billion property and casualty (P&C) insurance market."
The four-year-old startup has raised two previous funding rounds, including a $12 million Series A round in 2016.
The round brings total funding raised by San Francisco companies in software over the past month to $1.6 billion. The local software industry has produced 721 funding rounds over the past year, raking in a total of $20 billion in venture funding.
In other local funding news, grocery and retail company GrubMarket announced a $25 million Series C funding round on April 4, led by Digital Garage.
According to Crunchbase, "GrubMarket develops a website where sellers can offer foods and other items at wholesale prices to customers. It offers products such as organic foods, vegetables, gluten-free foods, snacks, drinks, pantry items, home goods, health and beauty products, baby and kids' products, pets, non-GMO foods, paleo foods, cholesterol-free, and no-trans-fat foods. GrubMarket also offers foods from local farms, fisheries, commercial kitchens, certified home kitchens and restaurants."
Founded in 2014, the company has raised four previous rounds, including a $32 million Series C round in 2018.
Meanwhile, big data company UNIFi Software raised $17 million in Series C funding, announced on April 8. The round was financed by Blue Cloud Ventures.
From the company's Crunchbase profile, "UNIFi was founded with a mission of solving the ubiquitous data acquisition and integration problem that has plagued enterprises since the dawn of data warehousing. The landscape of data analysis that enterprises are embarking on today has significantly advanced in just a few years time. The days of building an enterprise data warehouse to report on financial status or sales over time is no longer a competitive advantage; in today's world doing this well is now considered a cost of doing business."
UNIFi Software last raised $17 million in Series B funding in 2017.
Also of note, publishing company MakeSchool raised $15 million in Series B funding, announced on April 9 and financed by Venrock.
From Crunchbase, "MakeSchool is building a replacement for the computer science degree. This summer we taught 120 high school and college students how to build iOS apps across SF, Palo Alto and NYC. We're piloting a 1 year college supplement where students learn mobile and web development, computer science theory, and development-focused career skills."
The company previously raised $10 million in Series A funding in 2017.
Rounding out the city's recent top local funding events, shopping company Dote Shopping raised $12 million in Series B funding, announced on April 9 and led by Goodwater Capital.
From Crunchbase, "Dote is the mobile mall. Dote is an app for shopping. Tag all your favorite stores."
The company previously raised $7.2 million in Series A funding in 2017.
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From risk management to online groceries: The newest SF companies to land funding