The Briefing: Etsy Acquires Depop, Urban Company Lands $255M, Katerra Reportedly Shutting Down, And More

Following the close of the deal, Etsy says Depop will continue to be headquartered in London and operate as a standalone marketplace run by its existing leadership team. India-based Urban Co., a tech-enabled home services marketplace, raised $255 million in Series F funding co-led by Prosus Ventures, Dragoneer Investment Group and Wellington Management. The marketplace offers a variety of home services to consumers, including beauty treatments, haircuts, deep cleaning, plumbing, carpentry and appliance repairs. In addition to the funding news, the company announced that Carlos Kirjner joined Celonis as its new chief financial officer, after previously serving as Google’s VP of finance. DealHub.io raises $20M: DealHub.io, a revenue amplification platform headquartered in Austin, closed on $20 million in Series B funding led by Israel Growth Partners.