CrowdBureau raised $1.1M; DappRadar picks up $2.33M; Upflow landed $2.7M; Saltbox closed $3.2MRead more...
HelloFresh raised $85M; Kyruus landed $25M; Typeform secured $15M
- Advizr, a highly intuitive and automated financial planning application for advisors serving Gen X and Y clients, announces the close of another financing round and adds industry titans to its growing list of investors and advisory board. Advizr has raised a total of $1.74 Million for this round, bringing Advizr’s total raise to $2.6M. The new funds will allow the company to accelerate its acquisitions of new RIAs and financial institutions that are looking to segment their businesses and serve more customers.
- Servy, an app that lets restaurants offer a partial discount in exchange for private feedback, has just closed $800,000.00 in seed funding. Investors include RiverPark Ventures, Beacon Fund, Food-X, DreamIt Ventures, and Nick Kenner, CEO and Founder of Just Salad. Most online restaurant reviews are either written because of a fantastic or awful experience. Either way, these reviews live online forever, and normally don’t actually contain constructive feedback for the restaurant.
- The new startup Telepathic is launching its first app, Hooked. So with Hooked, they’re commissioning short stories that take the form of text message conversations. Instead of turning pages, you tap the screen to bring on the next message. The app offers a limited number of free stories but charges a subscription fee (starting at $2.99 per week) for unlimited access. Telepathic is also announcing that it has raised $1.2 million in new funding, bringing its total raised to $1.9 million. Investors include 500 Startups, Greylock, Foundation Capital, a syndicate assembled by Gil Penchina, Rivet Ventures, as well as angel investors like Hired founder Doug Feirstein, BranchOut founder Rick Marini, Zynga co-founder Justin Waldron, MightyText CEO Maneesh Arora and Lean Startup author Eric Ries.
- OriginGPS, a leading manufacturer of miniature Global Navigation Satellite Systems (GNSS) solutions, announced today that it has closed $1.75 million of funding from existing shareholders and the technology accelerator, Lab IX, which is a part of Flex, a leading sketch-to-scale solutions company that designs and builds intelligent products for a connected world.
- GitLab, an open source Git-based collaboration platform for developers, today announced that it has raised $4 million in Series A funding from Khosla Ventures. The YC-backed company, which offers both a free community edition, a free SaaS version and a paid enterprise edition of its service, says it will use the additional funding to accelerate growth and expand its global operations. GitLab also announced that the next update to its service (version 8.0) will launch next week on September 22.
- Sun Basket, a new healthy cooking service that delivers the best organic, non-GMO ingredients and delicious, easy-to-make recipes weekly to your door, today announced $4.5 million in venture funding. Led by top-tier early-stage investors PivotNorth Capital and Baseline Ventures, the round also includes investment from Paul Allen's Vulcan Capital, Roth Capital, The Florence Group, Rembrandt Ventures, Correlation Ventures, Relevance Capital, Lucas Venture Group, and other high profile venture capital firms and angel investors. Coinciding with the funding raised, Sun Basket welcomes Don Barnett, co-founder/CFO of organicgirl produce and early Sun Basket investor and board member, as chief operating officer and chief financial officer.
- Peer-to-peer business lender MarketInvoice has secured an additional £5 million ($7.7 million) investment from the government backed British Business Bank. The deal, which lasts until 2018, sees the British Business Bank take its total investment in MarketInvoice’s platform to £10 million. The news of the investment comes at the same time as MarketInvoice confirmed that it had provided £500 million in funding for high-growth UK businesses since its launch in 2011.
- QuanticMind, a predictive analytics and paid search ad platform, has a new name and now, $10.3 million in funding to grow its business. Formerly known as InsideVault, the company’s financial funding includes $7 million in Series A equity from Safeguard Scientifics, Inc., a venture capital firm focusing on healthcare and technology.
- Photoneo, a Slovak-based pioneer in the field of 3D object sensing, has secured one of the largest seed rounds recorded in Central Europe. The €2.1 million ($2.37 million) investment is led by Prague-based venture capital firm Credo Ventures with participation of several notable co-investors, including RSJ, one of the largest algorithmic trading companies in the world, co-founder of ESET Miroslav Trnka, co-founders of Avast Eduard Kučera and Pavel Baudiš, CEO of Ximea Max Larin, and founder of FINVIZ Juraj Ďuriš.
- Fundera, a NYC-based online credit marketplace for small businesses, landed $11.5 million Series B funding. The round, which brough total funding to $15 million, was led by Susquehanna Growth Equity with participation from previous investors including QED Investors, Khosla Ventures and First Round Capital. In conjunction with the funding, Scott Feldman, Managing Director at Susquehanna Growth Equity, joined Fundera’s Board of Directors. The company intends to use the funds to expand its team of dedicated loan specialists and engineers, develop and refine its borrower experience, and continue to build new products for borrowers to choose the best loan for their business.
- Dwnld, a build-your-own-app startup from early Pinterest investor Fritz Lanman and Alexandra Keating, has scored $12 million from Greylock Partners. Founded out of New York in 2014, the company will use this new cash influx to expand its current services with new tools “centered on engagement and monetization to support more publisher verticals.” Dwnld had raised $2 million before today’s announcement, and claims to have helped publish 2,000 mobile apps to date, covering “media companies, YouTube stars, and individual bloggers.”
- Los Angeles-based HelloTech, which wants to be the Uber of tech support, has raised $12.5 million in a first round of capital. The round was led by Seattle’s Madrona Venture Group, with participation from all existing institutional investors, including Upfront Ventures, CrossCut Ventures and Accel Partners. To date, the company has raised $17 million in total. With the additional funding HelloTech plans to expand into other major metropolitan markets. First up is Orange County with a list of undisclosed cities coming soon.
- The middle class in emerging market countries wants diagnostics--and Minneapolis, MN-based Ativa Medical plans to bring it to them via a point-of-care, micro lab designed for the physician office. The startup has secured a $15 million Series B round that's intended to support gaining FDA approval for its micro lab and preparing for commercial launch. Jiang Zhang, director of Ping An Ventures will join Ativa's board as part of the investment. In addition to Ping An, there were other Asian investors in the financing including Hermed Capital and Diamond BioFund. GIMDx, a U.S.-based IVD R&D unit of Guangzhou Improve Medical also participated.
- Typeform, a Barcelona-based company which enables its customers to create beautiful next-generation online forms, today announces that it has raised $15 million (€13.3 million) in a Series A investment round led by Index Ventures, with participation from existing investors Point Nine Capital, Connect Ventures and RTA Ventures, as well as ‘Super Angels’ including Anthony Casalena, CEO of Squarespace, CEO of King Digital Entertainment Riccardo Zacconi, Javier Olivan, VP of growth at Facebook and Jay Parikh, Facebook’s global head of engineering and infrastructure.
- Breather, the Montreal-originated startup that focuses on providing people with on-demand private workspaces, announced today a $20 million Series B round, led by Peter Thiel’s Valar Ventures. RRE, Real Ventures, SOS Ventures, and Slow Ventures also participated in the round, many of which as follow-on investors from Breather’s $6 million raise this time last year. The new funding will be used to grow Breather’s network of on-demand spaces in these cities, as the company expands to new markets in Canada and internationally (Los Angeles, Chicago, Washington, Toronto, and London are all on the list). Currently, Breather operates in Ottawa and Montreal in Canada.
- Kyruus, an enterprise software company that helps hospitals optimize patient access and referral management, has raised $25 million in funding to further build its commercial team and support the rapid adoption of its ProviderMatch technology. The new funding round was led by New Leaf Venture Partners, with participation from Providence Health & Services,Leerink Capital Partners, and McKesson Ventures. They were joined by return investors Venrock, Highland Capital Partners, Lux Capital, and Fidelity Biosciences.
- HelloFresh, a Berlin-based company that delivers meal kits and recipes to subscribers, announced today that it has raised another $85 million. The company, which is a product of Germany’s Rocket Internet’s startup factory, had previously raised $149 million back in February, primarily from Rocket. This time, the round was led by Baillie Gifford, a Scottish investment firm. According to HelloFresh, its valuation is now $2.9 billion, up from $680 million after the last round. On paper, that gives Europe one more unicorn to brag about.
If you are interested in being included in our funding roundup, submit your press release or blog post about your financing round to firstname.lastname@example.org.
Image source: venturebeat.com
Read more from our "Daily Funding Roundup" series
RocketBody raised $1M; Litmus Automation picks up $7M; Light closed $8.4M; Railsbank landed $10MRead more...
Culture Amp raised $82M; Elliptic closed $23M; GNA Biosolutions landed $13.5M;Read more...
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