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Goldman Sachs Announces Sale Of Personal Financial Management To Creative Planning

By Amit Chowdhry ● Aug 31, 2023

The Goldman Sachs Group recently announced the sale of its Personal Financial Management (PFM) unit to Creative Planning (Creative). Creative is an industry-leading Registered Investment Advisor (RIA) and one of the largest in the country, with over 2,100 employees across its affiliates and $245 billion in combined assets under management and advisement.

e.l.f. Beauty To Buy Naturium In A $355 Million Deal

By Amit Chowdhry ● Aug 31, 2023

e.l.f. Beauty recently announced that it signed a definitive agreement to buy Naturium, a fast-growing, high performance skin care brand for $355 million in a combination of cash and stock, furthering its mission to make the best of beauty accessible to every eye, lip, face and skin concern. This deal is expected to double e.l.f. Beauty’s presence in skin care to about 18% of retail sales. The deal, which is subject to customary closing conditions, is expected to close around September 30, 2023.

Clockworks Analytics: $16 Million Raised For Powering Operational Efficiencies In Smart Buildings

By Amit Chowdhry ● Aug 31, 2023

Clockworks Analytics - a leading provider of SaaS building analytics - recently announced that it has closed a funding round of $16.1 million. Carom Growth Partners led the funding round with participation from existing investor SE Ventures. This funding round brings the company’s total to over $28 million since being founded.

Apple iPhone 15 Pro Max To Drive Most Shipments, Says Analyst

By Dan Anderson ● Aug 31, 2023

The Apple iPhone 15 and iPhone 15 Pro line of devices are expected to be announced on September 12 at an Apple Event called “Wonderlust.” According to credible analyst Ming-Chi Kuo (via MacRumors), the iPhone 15 Pro Max is expected to drive up to 40% of all early iPhone 15 sales.

Delphinus Medical Technologies Receives $12 Million In Growth Capital From Trinity Capital

By Amit Chowdhry ● Aug 31, 2023

Trinity Capital - a leading provider of diversified financial solutions to growth-stage companies - recently announced the commitment of $12 million in growth capital to Delphinus Medical Technologies, a medical imaging company that has developed SoftVue, a dense breast screening innovation that increases cancer detection and decreases unnecessary callbacks while delivering a comfortable patient experience.

Thyme Care: Value-Based Cancer Care Company Closes $60 Million In Funding

By Amit Chowdhry ● Aug 31, 2023

Thyme Care - a leading value-based cancer care partner - recently announced a $60 million Series B fundraise co-led by Town Hall Ventures and Foresite Capital, with participation from current investors Andreessen Horowitz Bio + Health, AlleyCorp, Casdin Capital, and Frist Cressey Ventures.

Why Watts Water Technologies Is Buying Bradley Corp For $303 Million

By Amit Chowdhry ● Aug 31, 2023

Watts Water Technologies - through its subsidiaries, one of the world’s leading manufacturers and providers of plumbing, heating, and water quality products and solutions – recently announced that it has entered into a definitive agreement to acquire Bradley Corporation for $303 million, subject to customary adjustments.

Firstup: $100 Million In Annual Recurring Revenue Surpassed

By Amit Chowdhry ● Aug 31, 2023

Intelligent communication platform company Firstup recently announced that it has surpassed $100 million in Annual Recurring Revenue (ARR), underscoring its position as a market leader. With over 18 million employees connected worldwide, Firstup is the trusted choice of over 40% of Fortune 100 companies. Industry giants, including Amazon, Dow, Ford, and Hilton, rely on Firstup to connect seamlessly with their workforce, deliver personalized communications, and gain valuable insights to enhance employee engagement.

Quiq: Making It Easy For Companies To Have Conversations With Their Customers

By Amit Chowdhry ● Aug 31, 2023

Quiq is a leading technology company based in Bozeman, Montana, that makes it easy for people to have a conversation with a company. Pulse 2.0 interviewed Quiq CEO and founder Mike Myer to learn more.

C2i Genomics: Building A Comprehensive Whole-Genome Cancer Monitoring Platform

By Amit Chowdhry ● Aug 31, 2023

Why Accenture Is Buying ATI Solutions Group

By Annie Baker ● Aug 30, 2023

Accenture recently announced that it has acquired ATI Solutions Group (ATI), a Perth-based consulting service provider to the mining, energy, and rail industries. ATI will enhance Accenture’s capabilities in West Australia, where specialized digital and industrial talent is in high demand. The terms of the deal were not disclosed.

Mendoza Ventures Launches Nonprofit To Close Diverse Founder Funding Gap

By Amit Chowdhry ● Aug 30, 2023

Mendoza Ventures - a female and Latinx-founded Fintech, AI, and cybersecurity VC firm - recently announced it has launched its new non-profit, Mendoza Impact, to help fund and build the next generation of diverse founders, funders, and VC/PE fund employees.

Beamer: No-Code Product Engagement Tool Company Raises $20 Million

By Annie Baker ● Aug 30, 2023

Beamer - a recognized leader in no-code product engagement tools - recently announced a growth equity investment from Camber Partners, a B2B SaaS investment firm focused on product-led growth (PLG) software companies. Valued at over $20 million, the funding reflects both firms' commitment to building a unified platform for Product teams across the globe. As part of the investment, Beamer announced Satya Ganni as its CEO.

Caden: Data Intelligence Company Secures $15 Million

By Amit Chowdhry ● Aug 30, 2023

Data intelligence company Caden recently announced a $15 million Series A round led by Nava Ventures, with participation from Jerry Yang’s AME Cloud Ventures, Streamlined Ventures, Montage Ventures, Industry Ventures, 1707 Capital, AAF Management, and others.

PAG To Buy Australian Venue Co From KKR

By Amit Chowdhry ● Aug 30, 2023

KKR and PAG, a leading alternative investment firm focused on Asia Pacific, recently announced the signing of definitive agreements under which PAG will acquire KKR’s controlling interest in Australian Venue Co (“AVC”). Financial terms of the transaction were not disclosed.

FantasyLife: Matthew Berry’s Sports And Betting Media Company Secures $2 Million

By Amit Chowdhry ● Aug 30, 2023

FantasyLife - a rapidly growing fantasy sports and sports betting media company founded by Matthew Berry - recently announced the closing of a $2 million dollar friends and family round from strategic investors, including:

Qase: All-In-One Test Management Platform Company Closes $7.2 Million In Funding

By Annie Baker ● Aug 30, 2023

Qase - an all-in-one test management platform built to beautifully orchestrate QA for both manual and automated testing - recently announced it raised $7.2 million in Series A and seed funding rounds.

Demex: $5 Million Secured To Deploy Retained Climate Risk Reinsurance (RCR Re) Solutions

By Amit Chowdhry ● Aug 30, 2023

The Demex Group - the creators of first-of-its-kind reinsurance solutions that address the accumulating losses caused by secondary perils - recently announced it has raised $5 million from a syndicate of existing and new investors led by Blue Bear Capital. Blue Bear Capital, a venture and growth equity firm focused on the world's climate challenges, has been a significant partner for Demex since 2021.

Visana Health: Virtual-First Women’s Clinical Care Company Closes $10.1 Million

By Amit Chowdhry ● Aug 30, 2023

Visana Health - a virtual-first comprehensive women's health clinic - recently announced the close of $10.1 million in seed funding co-led by Flare Capital Partners and Frist Cressey Ventures. Also joining the oversubscribed round are InHealth Ventures, Oxeon Partners, Pixel Perfect Ventures, Venture Investors, and others.

Akamai Technologies Buys Select Enterprise Customer Contracts From StackPath

By Dan Anderson ● Aug 30, 2023

Akamai Technologies - a cloud company that powers and protects life online - recently announced that it has acquired assets, including select enterprise customer contracts from StackPath, following StackPath's decision to cease its content delivery network operations.

ElectroTempo: Electric Charging Network Planning And Intelligence Software Company Secures $4 Million

By Noah Long ● Aug 30, 2023

ElectroTempo - a pioneer in planning and intelligence software for electric charging networks - recently announced today that it raised $4 million in seed funding. The funding round was led by Buoyant Ventures, a women-owned, Chicago-based venture capital firm focusing on technology start-ups looking to combat climate change.

Instylla: $30 Million Raised To Develop Liquid Embolics For Peripheral Vascular Embolotherapy

By Dan Anderson ● Aug 30, 2023

Instylla - a privately held company developing next-generation liquid embolics for peripheral vascular embolotherapy - recently announced the closing of a $30 million financing round. This funding round was led by new investor Delos Capital, with continued participation from the investor syndicate of Excelestar Ventures, Ascension Ventures, Catalyst Health Ventures, Amed Ventures, Sparta Group, and Incept, LLC.

UK FinTech Growth Partners: New Fund Launched To Scale Startups

By Amit Chowdhry ● Aug 30, 2023

UK FinTech Growth Partners LLP recently announced that it will launch the FinTech Growth Fund, the first investment fund of its kind focussed on supporting growth-stage FinTechs as they scale. With backing for the initiative already secured from industry leaders Barclays, NatWest, Mastercard, London Stock Exchange Group, and Peel Hunt, the FinTech Growth Fund will invest in UK FinTechs, predominantly between the Series B and pre-IPO rounds, to enable them to scale into world-class global organizations.

Toothio: On-Demand Dental Staffing Platform Secures $4 Million

By Amit Chowdhry ● Aug 30, 2023

Toothio - an on-demand dental staffing platform connecting qualified professionals with practices - recently announced a $4 million seed round led by Craft Ventures with participation from Burst Capital, Moving Capital, Revere Partners, and Rho Capital Partners. And this funding follows an initial backing from AZ Crown, founders of Insight Enterprises (Nasdaq: NSIT). This funding round will accelerate Toothio's growth by enhancing its technology, expanding into key US markets, increasing its network of dental professionals, and adding to its sales team.

Zeus Living: VP Of Finance Abhinav Swarup Discusses Evolution Of Property Management

By Amit Chowdhry ● Aug 30, 2023

Zeus Living is a company that designs and manages modern homes that can be rented for 30 days or longer across over 125 destinations in the U.S. Through a leading technology platform and the expertise of dedicated hospitality professionals around the country, the company strives to help people live well, and on their terms. Zeus Living drives revenue for owners while taking care of their properties and delivering support to residents, ensuring memorable experiences wherever they choose to stay. Pulse 2.0 interviewed Zeus Living Vice President of Finance Abhinav Swarup, to learn more.

Gocious Roadmaps Now Supports Jira Integration

By Amit Chowdhry ● Aug 29, 2023

Gocious is a company that understands that building product roadmaps could be challenging for product management teams. And Gocious Product Roadmap Management (PRM) software has been designed to help product managers communicate and align all stakeholders around a clear and accessible product portfolio roadmap. Gocious recently announced it created a solution that enables engineers and product managers to use their separate tools while integrating the important points of Atlassian Jira.

Pi-xcels: Digital Receipt Solutions Company Raises $1.7 Million

By Annie Baker ● Aug 29, 2023

Pi-xcels - a leader in digital receipt solutions - announced recently that it had completed its seed funding round, raising US$1.7 million. The funding round was led by Wavemaker Partners, with participation from other prominent venture capital firms such as Hustle Fund, Amand Ventures, Black Kite Capital, and strategic angel investors.

Divirod: Real-Time Flood Management And Water Risk Analytics Company Secures $3.6 Million

By Noah Long ● Aug 29, 2023

Divirod - a cutting-edge real-time flood management and water risk analytics company - recently announced the successful closure of a $3.6 million bridge round. This significant investment was spearheaded by industry leaders GHD, Thin Line Capital, and TDK Ventures. And the funding round will serve to bolster the company's team, consolidate product definition, strengthen sales and marketing efforts, and use AI-driven analytics for water risk prediction.

PHX Ventures: $25.4 Million Raised For Over-Subscribed Second Fund

By Amit Chowdhry ● Aug 29, 2023

PHX Ventures - a seed-stage venture capital firm focused on investing in B2B software companies in Arizona - recently announced it has over-subscribed its second fund with $25.4 million in commitments to date. PHX Ventures was launched by software entrepreneur Gregg Scoresby to fill a gap in the local software community: institutional-quality, seed-stage venture capital for high-growth Arizona companies. This fund will lead or co-lead seed rounds of $1 million to $5 million.

LightForce: Personalized 3D Printed Braces System Company Secures $80 Million

By Amit Chowdhry ● Aug 29, 2023

LightForce - the makers of the world’s first fully personalized 3D printed braces system - recently announced it raised an $80 million Series D round led by Ally Bridge Group. Transformation Capital and CareCapital. And Omega Venture Partners, Matter Venture Partners, and the American Association of Orthodontics joined the round, as did existing LightForce investors, including Kleiner Perkins, Tyche Partners, and Matrix Partners.