Q3 2021 Portfolio news

It’s hard to believe that we are heading into the home stretch of 2021. But before we do, let’s look back at the busy summer that the Version One family had!

Fundraising and Exits

Patch, an API platform for negative emissions, raised a $20M Series A led by Coatue Management with participation from existing investors (Andreessen Horowitz, Pale Blue Dot and us!). You can read more about the announcement and their mission to remove carbon from the atmosphere at giga-tonne scale.. 

Dapper Labs raised another $250M, putting their valuation at $7.6B. Coatue Management led the round with participation from existing investors (Andreessen Horowitz, GV and us!) and new investors too. TechCrunch covered this latest funding news

Replay, a browser that records all of the context that developers and engineers need to fix bugs faster, launched out of beta and announced a $5.6M seed round led by Andreessen Horowitz. Here’s why we’re drawn to Replay

After being hit hard by Covid-19, Headout raised $12M as travel has begun to rebound. You can read about the funding round and their plans for growth at TechCrunch

Tenderly raised $15.3M in Series A funding led by Accel. They’re building the world’s first end-to-end Ethereum developer platform and you can read why we’re excited

Lolli, the leading bitcoin rewards company, raised $10M series A led by Acrew Capital. The funding will contribute to hiring, international expansion, and mobile app development; read more about their plans here.

Zenput raised $27M in Series C led by Golub Capital to continue improving its application to automate operations procedures such as food safety tracking, public health standards, and changing market circumstances. SaaS Industry covered the funding news

Guesser was acquired by Gemini. The Guesser team brings their experience in decentralized finance applications, smart contract software and tech, and on-chain markets to Gemini.

Dolly was acquired by moving services giant Updater. You can read about the news on TechCrunch


Congratulations to Laura Behrens Wu for making Inc’s Top 100 Women Entrepreneurs of 2021 list (in the “Tackled the Pandemic” category). At the same time, Shippo was honoured on the Cloud 100 list for the very first time. 

Jobber was recognized as one of Canada’s top growing companies by Globe & Mail for the second year in a row. It ranked as the 2nd fastest growing software provider in the $50-75M revenue category. 

Ada won Tech Breakthrough’s “Best Overall Conversational Marketing Company” award

Kobalt made Security Boulevard’s Top 20 Fastest Growing Cybersecurity Companies list. 

Select Product Updates

Dapper Labs is partnering with the NFL to create NFTs of digital-video highlights from games

You can now get your paycheck deposited into Coinbase…one step closer to crypto payroll!

By adding support for Vyper, Tenderly now supports both Solidity and Vyper. 

Nexus Mutual now has weekly meetups starting Sept 28

Top Hat acquired Morton Publishing Company, broadening student access to interactive course materials in sciences.

Booster Fuels is now partnering with Safeway to provide its mobile gas service to customers in the grocery chain’s parking lot.  

Placenote announced an exciting mid-pandemic pivot. You can check out Dabble, a place to catalog your favourite furniture and decor from anywhere online and design your space with them. 

SuperRare successfully launched its token $RARE

Figure 1 unveiled new and improved features for medical case sharing and education for healthcare professionals.

Shippo is now partnered with Canada post.

And Jam is live on chrome!

As always, to stay up to date with real time updates, follow us on Twitter


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