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The Week鈥檚 10 Biggest Funding Rounds: Remote Brings Home $300M, Grand Ole Opry Raises $293M For A Song

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This is a weekly feature that runs down the week鈥檚 top 10 funding rounds in the U.S. Check out last week鈥檚 biggest funding rounds here.

Some weeks are heavy on fintech, others are big on biotech. This week, however, was all over the board. From HR solutions that help hire workers overseas to a legendary music landmark to crypto, investors spread their money far and wide. They also spread a lot of it around. Six rounds that went to U.S.-based companies were of $200 million or more.

1.听, $300M, human resources: Companies are finding it harder to find good employees and are having to cast a wider net. That is where San Francisco-based Remote can help. The company calls itself an 鈥渆mployer of record service鈥濃攁llowing companies to make hires and handle payroll and compliance in countries where they don鈥檛 have existing operations. It also can help businesses manage independent contractors worldwide. That business model is attractive right now, and less than a year after closing a $150 million Series B at a valuation of more than $1 billion, Remote raised a $300 million Series C led by 2.

2.听, $293M, media: Yes, even Nashville, Tennessee鈥檚 famed Ryman Auditorium is receiving funding. and took a 30 percent stake in the Opry Entertainment Group, which consists of the 鈥淕rand Ole Opry鈥 stage show and media rights, the Ryman Auditorium, a radio station and the 鈥淕rand Ole Opry鈥 streaming channel. The deal comes to a $293 million investment, with Atairos agreeing to invest another $30 million if certain performance targets are met. The deal values the media and entertainment company at $1.4 billion鈥攚hich surely would stop even the legendary Hank Williams from 鈥淢oanin鈥 the Blues.鈥

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3. (tied)聽, $240M, e-commerce: Everybody loves to be rewarded when they shop. Investors are hoping to be rewarded for their new deal with Madison, Wisconsin-based Fetch Rewards. Fetch, a consumer-rewards app, locked up a $240 million equity and debt round led by on behalf of clients that raised the company鈥檚 valuation to $2.5 billion. The company鈥攚hose digital loyalty and marketing platform has more than 13 million active users鈥攈as now raised more than $500 million.

3. (tied)聽, $240M, analytics: People must really love to be able to visualize analytics. Just seven months after closing a $220 million Series C, New York-based Grafana Labs locked up a $240 million Series D led by , with participation from new investor . The company鈥檚 open-source software platform helps monitor and visualize data. Founded in 2014, the company has now raised more than $535 million, according to SA国际传媒 data.

5.听, $200M-plus, crypto: San Francisco-based crypto exchange platform Binance.US鈥攖he American franchise of 鈥攃losed a seed round of more than $200 million at a pre-money valuation of $4.5 billion. The deal included investment by , , , , and others. The round is yet another signal of investors鈥 appetite for all things crypto鈥攅specially in this case where they are investing in the U.S. franchise of the world鈥檚 largest crypto exchange.

6.听, $200M, retail: Dallas-based apparel retailer Neiman Marcus Group received a $200 million minority equity investment from online luxury fashion platform .

7.听, $180M, enterprise software: Norwalk, Connecticut-based procurement platform LogicSource raised $180 million from l. The company has now raised a total of nearly $230 million, according to SA国际传媒 data.

8.听, $150M, health care: San Francisco-based Clarify Health, a cloud analytics and platform for better health care, secured a $150 million Series D financing led by 2.

9.听, $150M, health care: Waltham, Massachusetts-based biomedical software developer BostonGene closed a $150 million Series B led by

10.听, $115M, health care: Quincy, Massachusetts-based IntelyCare, a tech-enabled nurse staffing platform, raised a $115 million Series C led by at a $1.1 billion valuation.

Big global deals

The three top deals were done outside the U.S. this week, including a raise by a retailer at a whopping $100 billion valuation鈥攁 centa-corn?

  • Chinese fast-fashion company has reportedly raised between $1 billion and $2 billion in a new funding round at a valuation of $100 billion, per
  • India-based , an app and content聽 developer, raised an $805 million Series J that values the company at $5 billion.
  • Switzerland-based cleantech company raised a $650 million round. The company鈥檚 tech helps take carbon dioxide out of the air.

Methodology

We tracked the largest rounds in the SA国际传媒 database that were raised by U.S.-based companies for the seven-day period of April 2 to April 8. Although most announced rounds are represented in the database, there could be a small time lag as some rounds are reported late in the week.

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