Daily Funding Roundup


Daily funding roundup - February 5, 2016

Snagajob raised $100M; FunnelWise completed $7M Series A round; Revolut secured $4.8M funding

Innovation series by Mitos Suson
February 5, 2016
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  • Wevr, a virtual reality community and provider of a VR media player, raised $25 million in new funding from HTC, Samsung Ventures, Evolution Media Partners, and others. Last summer, the company closed a $10 million round. Additionally, Wevr is launching Transport, a device-agnostic network where third parties can share and distribute their VR content. Transport is still in beta.

  • Wiper raised another $2 million, bringing its total seed round to $4.5 million as the messaging app expands into entertainment. The company has also launched a $4.99 monthly streaming service for independent films, along with an Apple TV app. The latest infusion of capital comes from the company’s existing investor Michael Choupak, a serial Internet entrepreneur who founded cloud-based business email provider Intermedia. He provided the first half of Wiper’s seed round in 2014, putting in $2.5 million.

  • InCrowd Sports, a London, UK-based mobile fan engagement and sports marketing company, raised £1.65 million (approximately $2.39 million) in fundingBackers included Albion Ventures, Sky and a number of angel investors. The company will use the funds to invest in technology to create digital sponsorship rights for clubs and leagues.

  • Perfumery received seed fund of Rs 2 million from Oranda Global and other investors. Perfumery provides ‘Specialized Sampling Services’ for High End Luxury Fragrances. Apart from that, the Product Inventory includes Hard to find Niche Perfumes as well as Hard to Find Fragrances. Mohit Khatri, the founder of Perfumery, says that the funds will be utilized in Phase 2 for expansion and creation of a specialized marketplace dedicated to Luxury perfumes.

  • BeON Home, creator of the first Bluetooth Smart-enabled home protection system that provides preventative security and emergency lighting, secured $2.9 million in additional capital. The round was led by Jopeko, LLC and included continued participation from existing investors and multiple new investors. The investment will accelerate BeON's growth and expand its product line. This funding brings BeON's total investment to date to nearly $5 million.

  • Revolut, start-up that lets vacationers spend money abroad at market foreign exchange rates, raised $4.8 million in fundingBalderton Capital, Seedcamp, Point Nine, Venrex and Index Ventures have invested in London-based Revolut. Between them, these venture capital firms have backed companies from Facebook to Citymapper. Seven-month-old Revolut allows users to set up an account and transfer money from their domestic bank account into it. Customers can then use Revolut's MasterCard to spend these funds abroad at the so-called interbank exchange rate.

  • Simplex, an Israeli bitcoin startup focused on enabling bitcoin purchases with credit cards, closed a $7 million Series A funding roundBacking Simplex are bitcoin mining firms Bitmain and Cumberland Mining, and FundersClub, a crowdfunding platform that previously invested in Coinbase. A group of angel investors, which Simplex declined to name, also contributed to the funding. The amount adds to a previously raised $1.4m, bringing the firm’s total fundraising to $8.4 million.

  • FunnelWise completed a $7 million round of Series A funding, making the total funding to date $10.5 million. The new investment from private investors will fuel continued development and growth of FunnelWise’s powerful revenue predictability solution that helps companies optimize their sales and marketing funnels. FunnelWise integrates with and marketing automation software to provide real-time visibility into an organization’s revenue velocity, goal tracking and forecasting.

  • Arlington, VA-based Snagajob announced funding round of $100 million. The round is led by New York-based Rho Acceleration, a division of Rho Capital Partners, and is joined by Washington, DC-based NewSpring Capital and the New York-based Invus Group. According to Snagajob’s official announcement, they will use the new capital to expand their product offerings and fund future acquisitions. Along with the new funding, Rho Acceleration’s Habib Kairouz and NewSpring Capital’s Marc Lederman will now serve on their board of directors. Prior to the raise Harrison has also made several strategic hires focused on their expansion and scaling efforts.

If you are interested in being included in our funding roundup, submit your press release or blog post about your financing round to 

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