The Briefing: Pattern Sews Up $225M, Huboo Lands $82M, And More

Funding Rounds

▤ Summary

Lehi, Utah-based Pattern, provider of an accelerator platform for brands to scale faster on major online marketplaces, raised $225 million in funding from growth investor Knox Lane. Founded in 2013, Pattern says it is profitable, with a current operation of more than 900 employees across 18 countries supporting more than 100 global brands. The company works with brands listing on marketplaces including Amazon, Walmart.com, Target.com, eBay, Tmall, JD and MercadoLibre. The 4-year-old company, which saw revenue climb 10x in 2020, said it plans to use the funds to expand across continental Europe. Aquant picks up $70M: New York-based Aquant, a provider of AI-enabled software for service industry teams, announced that it has raised $70 million in a Series C funding round led by Qumra Capital, Insight Partners and Pitango.

$ Funding

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Amount $225.0M Total raised
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Date October 6, 2021 Announcement date
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Investors - Lead investors
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Company https://www.pattern.com Funded company

▥ Classifications

industries
Entertainment
applications
Web and Content Management

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▦ Linked Companies

Nae-Design Sydney
$1M to $5M