Daily funding roundup - February 22th, 2021
Creatio raised $68M; Splice landed $55M; EquityBee secured $20M; BlocPower picks up $8M
Creatio: Creatio is a Boston-based low-code platform for process management and customer relationship management. Creatio has raised $68 million from Volition Capital, which acquired a minority stake in the business. It's the first outside round of funding for the company. Read more
Splice: Splice is a New York-based, AI-infused, beat-making software service for music producers. Splice has raised $55 million in new funding from Goldman Sachs and MUSIC, a joint venture between music executive Matt Pincus and boutique financial services firm, Liontree. Read more
Foxtrot Market: Foxtrot Market is a Chicago-based online convenience store and cafe chain focused on 60-minute delivery. Foxtrot Market raised $42 million in Series B funding co-led by Almanac Insights and Monogram Capital Partners. Read more
Nanit: Nanit is a New York-based startup whose nursery camera pairs computer vision with specially patterned clothing so nervous new parents know their kid is still breathing. Nanit has raised $25 million in Series C round led by GV. Other participants in the round includes Jerusalem Venture Partners, RRE Ventures, Upfront Ventures and Rho Capital Partners. Read more
EquityBee: EquityBee is a Bay Area-based stock option marketplace startup. EquityBee has raised $20 million in Series A funding led by Group 11. Other backers in the round include Oren Zeev Ventures, Battery Ventures and ICON Continuity Fund. The company has now raised $28 million altogether. Read more
Origin Wireless: Origin Wireless is a Greenbelt, Md.-based WiFi "sensing" startup -- it uses WiFi waves in an environment to detect motion and send alerts or notifications to "smart" home devices. Origin Wireless has raised $14 million in funding from Verizon Ventures and Alarm.com. Read more
BlocPower: BlocPower is a Brooklyn, N.Y. -based startup connects online investors to solar and energy efficiency project micro-finance opportunities, then hires local unemployed workers to install all BlocPower retrofits. BlocPower has raised $8 million funding. The capital is from American Family Insurance Institute for Corporate and Social Impact, AccelR8, The Goldman Sachs Urban Investment Group, Kapor Capital, Elemental Excelerator, CityRock Venture Partners, The Schmidt Family Foundation and Salesforce Ventures. Read more
Praxis Labs: Praxis Labs is a New York-based maker of a virtual reality-based diversity and inclusion learning platform. Praxis Labs has raised $3.2 million in seed funding. Investors include SoftBank’s SB Opportunity Fund, Norwest Venture Partners, Emerson Collective, Ulu Ventures, Precursor Ventures, Firework VC, and 20|20 Fund. Read more
If you are interested in being included in our funding roundup, submit your press release or blog post about your financing round to kristin@vator.tv. If you want a longer write-up, please do give us a couple of days heads up. If you'd like to be included in our Today's Entrepreneur column, please send me your Vator profile.
Image by StartupStockPhotos from Pixabay
Kristin Karaoglu
Woman of many skills: Database System Engineer; SplashX event producer; Author of Startup Teams
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