On November 15, 2021, Podium, a communication and payments platform for local businesses, announced it has raised $201 million in Series D funding, led by YC Continuity with participation from Durable Capital Partners, Arpex Capital, Accel, Album VC, IVP, Sapphire Ventures, Summit Partners, and Sorenson Capital. This latest round brings the company's valuation to over $3 billion. Wilson Sonsini Goodrich & Rosati represented Podium in the transaction.

Additional funding will support Podium's expansion to reach more local businesses all over the world as well as deeper investments to build out their technologies. This includes supporting everything a local business may need to collect payments, manage all their communications with consumers, and create more personalized and effective marketing campaigns that drive conversations and revenue.

The Wilson Sonsini team that represented Podium in the transaction includes Bob Day, Rezwan Pavri, Lester Ang, and Jacqueline Jung.

For more information, please see Podium's press release.