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Here’s what you need to know today in startup and venture news, updated by the SA¹ú¼Ê´«Ã½ News staff throughout the day to keep you in the know.

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Circle raises $440M

, a fintech company that provides payments and treasury infrastructure for businesses that want to use digital currencies, announced $440 million in financing.

Backers include ., , , Intersection Fintech Ventures, , , , , Ìý²¹²Ô»å , as well as Michael J. Price. The funding brings the Boston-based company’s total known funding to $711 million, according to SA¹ú¼Ê´«Ã½ data.

The company’s platform has supported over 100 million transactions by more than 10 million retail customers and 1,000-plus businesses since it was founded in 2013. The company is also a principal developer of USD Coin, which together with and the Centre Consortium, oversees the standards and protocol for dollar digital currency, which now stands at $22 billion in circulation.

— Christine Hall

Brazilian proptech unicorn QuitoAndar lands $300M

São Paulo-based , a marketplace for real estate rentals and sales, reportedly in fresh funding at a valuation of $4 billion.

led the Series E financing, which roughly doubles capital raised to date, bringing it to around $635 million, per SA¹ú¼Ê´«Ã½ data.

QuitoAndar says it is currently the largest digital real estate company in Brazil, with more than 1,000 employees and over 200,000 visits to properties arranged each day through its platform.

— Joanna Glasner

Enterprise software maker Sprinklr files to go public

New York-based , a developer of customer experience management software, Friday.

The company reported revenues of $386.9 million for the fiscal year ended January 31, compared to $324.3 million for the previous year. Net loss for the fiscal year ended January 31 was $41.2 million, compared to $39.1 million last year.

The software developer also reported revenues of $111 million for the quarter ended April 30 — a 19 percent increase from $93 million for the same quarter last year.

According to the company’s S-1, its largest institutional investors include with a 24.8 percent stake, with a 19.1 percent stake and with a 10.8 percent stake.

Sprinklr has raised a total of $429 million to date, according to SA¹ú¼Ê´«Ã½ data.

— Chris Metinko

Public offerings

Full Truck Alliance files for US IPO: China-based truck-hailing platform (formerly known as Manbang) has filed to go public on the . The company posted revenue of $396 million in 2020, per its , and a net loss of $532 million.

Funding rounds

Klarna eyes valuation over $40B with new funding: Sweden’s , the popular buy now, pay later financing unicorn, is reportedly eyeing a new that would push its valuation over the $40 billion mark.

—  Joanna Glasner

Health care

Brightside raises $24M: , a mental health telemedicine platform that offers anxiety and depression care, a $24 million Series A led by . The company said it recently enhanced its therapy model to align with the , a form of cognitive-behavioral therapy for people diagnosed with anxiety disorders, depression and related emotional disorders.

— Christine Hall

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