Storefront has raised $7.3 million in funding led by Spark Capital. Mohr Davidow Ventures, Great Oaks Venture Capital, 500 Startups, Box Group, SV Angel, Gary Vaynerchuk, Nas, Tom Glocer, Vikram Pandit and Troy Carter participated in this round.
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Washio is an online service for setting up laundry and dry cleaning delivery. You simply select your pickup and drop off times and clean clothes are delivered based on your schedule. Clothes will be delivered that is ready to put away. Washio is currently available in Los Angeles and San Francisco, but they want to expand aggressively. Washio has raised $2.25 million in a seed round of funding led by Pejman Mar Ventures.
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Troy Carter attained a lot of his wealth by working as Lady Gaga’s manager. He is also a startup investor and has put money in companies like Uber and Dropbox. According to several reports, Carter is no longer Lady Gaga’s manager due to “creative differences.” Carter is credited with helping Lady Gaga sell 20 million albums. He also manages John Legend and Lindsey Stirling. Carter is also in the middle of raising around $75-$100 million for an investment fund.
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Yahoo! has acquired a social advertising company called Bread. The 6 employees at Bread will be joining Yahoo! following the acquisition. Bread is known for designing a URL shortener service that displays an ad between the time that someone clicks on a shortened link and when they are taken to the website. Bread raised $3.5 million in funding from investors like Troy Carter, Raptor Ventures, Marc Ecko, Jonah Goodhard, Noah Goodhart, and Paul Bricault.
Songza is a startup that offers playlists to match your mood. The company has raised a $4.7 million round of funding from several investors including Lerer Ventures, Amazon.com, Scooter Braun, William Morris Endeavor, Deep Fork Capital, Metamorphic Ventures, Troy Carter, Gary Vaynerchuk, and several others.
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Based in Seattle, Washington, Julep is a company that sells nail polish, bath products, skin products, and makeup online. The company has raised $10.3 million in their latest round of funding led by Andreessen Horowitz. Julep also sells a subscription service where users can receive a box containing a curated selection of Julep goodies.
The outstanding national student loan debt is high in America at over $1 trillion. Around $864 billion of that amount is backed by the federal government. A majority of these loans have an interest rate that is higher than 6%. Formerly known as Binksty, Tuition.io wants to help college students by help with student loans.
Virool is a video advertising platform that has raised a $6.62 million seed round of funding including Thomvest Ventures, Menlo Ventures, Draper Fisher Jurvetson, #DominateFund, FundersClub, and other investors. Virool will be using the funding to expand the adoption of their platform. Virool went from 200 users to 30,000 since they launched in March 2012.