FundersClub Portfolio Follow-On Rounds Update - Q3 2020

We'd like to congratulate FundersClub portfolio companies on their ongoing progress, as well as to welcome aboard their new VC investor partners.

Selected recent FundersClub portfolio company follow-on rounds:

• Rippling was minted a unicorn with the close of a $145M Series B led by Founders Fund. They help companies with employee onboarding, identity/device management, and more. We invested at Seed.
• ShipBob, a tech-enabled 3PL, closed a $68M Series D led by Softbank. We invested at Seed, Series A, and Series B.
• TruePill, an API for pharmacy fulfillment and telehealth, closed a $75M Series C led by Oak HC/FT. We invested at Seed and Series A.
• Outschool, a marketplace for live online classes and camps for kids 3-18, closed a $45M Series B led by Lightspeed. We invested at Seed, Series A, and Series B.
• Forage (fka InsideSherpa), a virtual work experience platform, closed a $9.3M Series A led by Lightspeed. We invested at Seed and Series A.
• RevenueCat, which offers tools to grow mobile subscription businesses, closed a $15M Series B led by Index Ventures. We invested at Seed.
• DemoDesk, which powers remote sales meetings and customer conversations, closed a $8M Series A led by Balderton Capital. We invested at Seed and Series A.