Venture Capital

SewerAI Raises $2 Million To Use AI To Analyze Sewer Infrastructure Defects

By Noah Long ● Aug 6, 2020

SewerAI — a company that uses AI and computer vision to inspect, identify, and analyze sewer infrastructure defects before they reach catastrophic levels — announced that it raised $2 million.

Syntiant: $35 Million Funding And 1 Million Units Shipped

By Noah Long ● Aug 6, 2020

Syntiant — a deep learning tech company that provides AI voice and sensor solutions at the edge — announced that it has shipped 1 million units and raised $35 million in Series C funding.

Contactless Commerce Platform CASHDROP Closes $2.7 Million In Funding

By Amit Chowdhry ● Aug 5, 2020

CASHDROP — a mobile-first contactless commerce platform focused on small business owners — announced it has raised $2.7 million in a seed round of funding. Harlem Capital led the deal.

Financial Services Company Buckle Raises $31 Million

By Dan Anderson ● Aug 5, 2020

Buckle — a tech-enabled financial services company — announced it has filed its Regulation D and disclosed it raised $31 million through its Series A funding round co-led by HSCM Bermuda and Eos Venture Partners.

Yotpo Raises $75 Million To Help Retail Brands Accelerate Online Revenue Growth

By Amit Chowdhry ● Aug 5, 2020

Yotpo — a leading SaaS-based eCommerce marketing platform that helps retail brands accelerate online revenue growth — announced it has raised $75 million in Series E funding.

Rippling: $145 Million Funding And $1.35 Billion Valuation

By Amit Chowdhry ● Aug 5, 2020

Rippling, a company that is focused on managing employee data, announced that it has raised $145 million in funding. The valuation of the company is now reportedly $1.35 billion.

Expert System: $29.4 Million Funding And Key Hires

By Dan Anderson ● Aug 5, 2020

Global AI company Expert System has announced that it has raised $29.4 million in a new round of funding, which includes $20 million raised through institutional investors and $9.4 million through the exercise of shareholder option rights.

Alive Ventures Startup Studio Launches With $12 Million To Build Companies Focused On Older Adults

By Dan Anderson ● Aug 5, 2020

Alive Ventures announced that it has formally spun out of Long Beach-based The SCAN Foundation -- which is launching as a dedicated startup studio focused on imagining and building companies, products, and services to help older adults live and work.

Leading Property Operations Company Breezeway Closes $8 Million

By Noah Long ● Aug 5, 2020

Breezeway -- a leading property operations and services platform -- announced that it has raised $8 million in Series A funding led by Schooner Capital.

Procurement Automation Platform Company Approve.com Raises $5 Million

By Noah Long ● Aug 5, 2020

Leading procurement automation platform Approve.com announced that it has raised a $5 million seed round led by Aleph.

Censys: $15.5 Million Funding And New Scan Engine

By Amit Chowdhry ● Aug 5, 2020

Censys -- a leading Ann Arbor, Michigan-based cybersecurity company that offers Internet-wide continuous visibility and real-time risk assessment to help businesses monitor their constantly evolving attack surfaces and vulnerabilities -- announced it has raised a $15.5 million Series A funding round.

Farmers Business Network: $250 Million And Reported $1.75 Billion Valuation

By Amit Chowdhry ● Aug 3, 2020

Farmer’s Business Network -- a leading direct-to-farm ag tech platform and farmer network -- announced the closing of $250 million in Series F funding. And the valuation with this funding round is reportedly $1.75 billion.

E-Commerce Marketing Company MikMak Raises $10 Million

By Amit Chowdhry ● Aug 3, 2020

MikMak -- a New York-based e-commerce marketing and insights company -- announced that it has raised $10 million in Series A funding.

Lordstown Motors To Go Public Through Merger With DiamondPeak Holdings (DPHC)

By Amit Chowdhry ● Aug 3, 2020

Lordstown Motors Corp and DiamondPeak Holdings Corp.(NASDAQ: DPHC) have announced they have entered into a definitive agreement for a business combination to take Lordstown public.

Feather Receives $30 Million Credit Line From Credit Suisse Group (CS)

By Annie Baker ● Aug 3, 2020

Credit Suisse Group AG (NYSE: CS) is providing a $30 million credit line to furniture rental startup company Feather, according to Crunchbase.

Porch.com Combining With SPAC Company PropTech Acquisition Corp (PTAC) To Go Public

By Amit Chowdhry ● Aug 1, 2020

Special purpose acquisition company PropTech Acquisition Corp (NASDAQ: PTAC) and Porch.com entered into a definitive agreement which would result in Porch becoming a publicly listed company.

Digital Home Closing Service JetClosing Raises $9 Million

By Dan Anderson ● Jul 31, 2020

JetClosing — the leading digital home closing service for resales and refinances — announced that it has raised $9 million in Series B funding.

Alan Patricof And Abby Levy Launch Primetime Partners

By Amit Chowdhry ● Jul 30, 2020

Wellness executive and founder Abby Levy and iconic investor and Alan Patricof have announced the launch of Primetime Partners.

Wyze Labs Secures $15 Million

By Amit Chowdhry ● Jul 30, 2020

Wyze Labs, Inc. announced it has closed $15 million in financing led by Norwest Venture Partners.

Sema4: $121 Million Funding And Valuation Of Over $1 Billion

By Noah Long ● Jul 30, 2020

Sema4 — a patient-centered health intelligence company — announced that funds managed by BlackRock led its oversubscribed Series C financing of $121 million.

TransferWise Completes $319 Million Secondary Share At $5 Billion Valuation

By Amit Chowdhry ● Jul 30, 2020

TransferWise — a London-based money transfer company — announced that it has raised $319 million in secondary share at a valuation of $5 billion

Home Fitness System Company Tempo Raises $60 Million

By Amit Chowdhry ● Jul 30, 2020

Tempo — a home fitness system that uses 3D sensors and artificial intelligence to analyze your motion — announced it has raised $60 million in new funding.

Remitly: $85 Million Funding And $1.5 Billion Valuation

By Amit Chowdhry ● Jul 30, 2020

Remitly — a mobile-first provider of remittances and financial services for immigrants — announced an $85 million funding round.

Cloud Access Risk Security Company Ermetic Raises $17 Million

By Dan Anderson ● Jul 29, 2020

Ermetic — a cloud access risk security company — announced that it has raised a $17.25 million Series A round of financing led by Accel.

Field Service Management Company KloudGin Secures $8.2 Million

By Annie Baker ● Jul 29, 2020

KloudGin — the leading provider of AI cloud-based field service and asset management solutions — announced that it has raised $8.2 million in Series A funding.

Vendor Security Platform Whistic Closes $12 Million

By Noah Long ● Jul 29, 2020

Whistic — a proactive vendor security platform for both buyers and sellers — announced that it has raised $12 million in Series A funding led by Emergence.

Eargo Raises $71 Million To Help People With Hearing Loss

By Dan Anderson ● Jul 29, 2020

Eargo — a medical device company that is on a mission to improve the quality of life of people with hearing loss — announced it raised $71 million in equity financing.

Conversation Intelligence Platform Chorus.ai Closes $45 Million

By Annie Baker ● Jul 29, 2020

Conversation Intelligence Platform Chorus.ai announced that it has raised $45 million in a Series C round of funding led by Georgian Partners.

Why Salesforce (CRM) Is Investing In Hearsay Systems

By Amit Chowdhry ● Jul 29, 2020

Salesforce.com, Inc. (NYSE: CRM) and Hearsay Systems have announced a strategic partnership and investment from Salesforce Ventures. These are the details.

Developer Online Community Stack Overflow Raises $85 Million

By Amit Chowdhry ● Jul 29, 2020

Stack Overflow — one of the most trusted platforms for developers and technologists — announced that it has raised $85 million in Series E funding led by GIC.