Startups

Convoy: $400 Million Funding At $2.75 Billion Valuation To Reduce Trucking Industry Waste

By Amit Chowdhry ● Nov 14, 2019

Convoy, the first nationwide digital freight network, announced it raised $400 million in Series D funding at a valuation of $2.75 billion. These are the details.

These Michigan Alumni Run An Email Newsletter That Is Set To Hit $13 Million This Year

By Amit Chowdhry ● Nov 14, 2019

Morning Brew -- an email newsletter that makes reading business news more enjoyable -- is set to quadruple its revenue to $13 million this year.

Boldstart Ventures Raises $157 Million Across Two Funds

By Noah Long ● Nov 14, 2019

Boldstart Ventures announced it closed two new funds with $157 million in capital commitments.

Gryphon Networks Receives Investment From Sverica

By Dan Anderson ● Nov 14, 2019

Private equity investment firm Sverica Capital Management has made a strategic investment in Gryphon Networks.

Comcast Leads $10.6 Million Funding Round In Hive

By Amit Chowdhry ● Nov 14, 2019

Productivity platform company Hive recently announced it raised $10.6 million in Series A funding led by Comcast Ventures.

Healthcare Collaboration Platform Apervita Raises $22 Million In Funding

By Noah Long ● Nov 14, 2019

Apervita, a leading platform for value-based collaboration in healthcare, announced it raised $22 million in incremental investment to accelerate growth.

Cloud-Native Authorization Company Styra Closes $14 Million In Funding

By Dan Anderson ● Nov 13, 2019

Cloud-native authorization company Styra announced it raised $14 million in funding led by Accel.

Inspired Capital Closes $200 Million Debut Institutional Venture Fund

By Amit Chowdhry ● Nov 13, 2019

Early-stage venture capital firm Inspired Capital announced it closed a $200 million institutional venture fund.

Timekeeping Automation Service Ping Raises $13.2 Million In Funding

By Dan Anderson ● Nov 13, 2019

AI-based timekeeping automation service Ping announced it raised $13.2 million in a Series A round of funding led by Upfront Ventures.

Elektra Labs Raises $2.9 Million In Seed Funding And Launches Atlas Platform

By Annie Baker ● Nov 13, 2019

Healthcare-security company Elektra Labs announced it raised $2.9 million in seed funding and launched the Atlas platform.

SK Capital Sets Up Small-Cap Fund Of $400 Million

By Dan Anderson ● Nov 13, 2019

Private investment SK Capital Partners announced it has set up a small-cap fund of $400 million.

Loop: Ohio-Based E-Commerce Platform Raises $10 Million In Funding

By Noah Long ● Nov 13, 2019

E-commerce SaaS platform Loop announced it has raised $10 million in Series A funding led by FirstMark Capital.

MetaProp Names Offerpad Co-Founder Jerry Coleman As Venture Adviser

By Dan Anderson ● Nov 13, 2019

New York-based venture capital firm MetaProp has named Offerpad co-founder Jerry Coleman as a venture advisor.

Salesforce Ventures Launches A New $50 Million Consultant Trailblazer Fund

By Amit Chowdhry ● Nov 13, 2019

Salesforce Ventures has announced it launched a new $50 million Consultant Trailblazer Fund. These are the details about the new fund.

Drive Capital Closes $350 Million Third Fund To Invest In Midwest Companies

By Amit Chowdhry ● Nov 12, 2019

Venture capital firm Drive Capital has closed a $350 million third fund for investing in early-stage Midwest-based companies.

Sleep Fitness Company Eight Sleep Raises $40 Million In Funding

By Dan Anderson ● Nov 12, 2019

Sleep fitness company Eight Sleep has raised $40 million in funding, which is known for developing a smart bed with temperature regulation and biometric tracking.

Women In Tech Network Elpha Raises $1.1 Million In Seed Funding

By Amit Chowdhry ● Nov 12, 2019

Elpha, a Y Combinator-backed social and professional network for women in tech, announced it raised $1.1 million from a strong group of investors.

Goldman Sachs’ Merchant Banking Division Invests $40 Million In LeaseQuery

By Amit Chowdhry ● Nov 12, 2019

Lease accounting software company LeaseQuery announced it raised $40 million from Goldman Sachs’ Merchant Banking Division.

Voice AI Company VOIQ Closes $5 Million In Funding

By Annie Baker ● Nov 12, 2019

Y Combinator-backed Voice AI company VOIQ announced it has closed $5 million in total funding.

Satellite-Based Data Layer Company Ursa Raises $15 Million In Funding

By Dan Anderson ● Nov 12, 2019

Geospatial analytics-as-a-service company Ursa announced it has raised $15 million in Series B funding led by Razor's Edge Ventures.

Health Insurance Technology Company HealthCare.com Closes $18 Million In Funding

By Dan Anderson ● Nov 12, 2019

HealthCare.com announced it closed $18 million in Series B funding led by Second Alpha Partners.

Automated Replenishment Company Replenium Raises $8 Million In Funding

By Annie Baker ● Nov 12, 2019

Automated replenishment platform company Replenium announced it raised $8 million in Series A funding led by GLP.

Ghost Closes $63.7 Million In Funding To Build Aftermarket Self-Driving Kits

By Dan Anderson ● Nov 12, 2019

Ghost Locomotion announced it has raised $63.7 million in funding to build aftermarket self-driving kits for popular car models.

Real Estate Brokerage Tech Company Side Raises Over $60 Million

By Annie Baker ● Nov 12, 2019

Side, the only real estate brokerage that enables high-performing agents and teams, announced it raised over $60 million in total funding.

Chicago-Based Starting Line Unveils $17 Million Fund For Consumer Startups

By Dan Anderson ● Nov 12, 2019

Starting Line announced it has launched a new $17 million early-stage Fund I for investing in consumer startups.

Life360 Has Acquired Screen Time App ZenScreen

By Annie Baker ● Nov 12, 2019

ZenScreen, an AI-powered solution that guides families to better screen time habits, announced new free offerings and revealed it is owned by Life360.

Commercial Real Estate Company CrowdStreet Raises $12 Million In Funding

By Noah Long ● Nov 12, 2019

CrowdStreet, a technology provider with an online marketplace for direct equity investment in commercial real estate, announced it raised $12 million in Series C.

Acceleration Community Of Companies Is Acquiring MKG And Pink Sparrow

By Dan Anderson ● Nov 12, 2019

Acceleration Community of Companies announced it is acquiring creative agency MKG and fabrication shop Pink Sparrow.

Digital Banking Service HMBradley Raises $3.5 Million In Funding

By Dan Anderson ● Nov 11, 2019

HMBradley recently announced that it raised $3.5 million in a seed round of funding led by Accomplice Ventures and Walkabout Ventures.

Manufacturing Data Analytics Platform Bigfinite Closes $15 Million In Funding

By Annie Baker ● Nov 11, 2019

Manufacturing data analytics platform company Bigfinite recently announced it raised $15 million in funding.