Balloon raised $2.1M; ArthurAI landed $3.3M; Bridge Connector closed $5M; Laudio picks up $7.3MRead more...
Polypid closed $22M; NoBaker raised $10M funding; ClearMetal closed $3M Seed funding
- Paysa, provider of market salary data, raised $4 million in seed funding from New Enterprise Associates (NEA), Milliway Ventures, and other private investors. Right now specifically focused on students and professionals in software, data science, or IT fields, Paysa allows individuals to explore several data points around what their compensation should be, including base salary, bonuses, and annual equity. The service uses several different factors to determine this, including the company, career level, and title.
- RealtyShares raised $20 million in new venture financing, led by Union Square Ventures. Existing investors Menlo Ventures and General Catalyst Partners also participated. The total round of financing since launching in June 2013 is just over $30 million, including a Series A round that was closed not even a year ago. The Series B financing was raised in part to support the company's growth, but also to hedge against a soft venture climate.
- Routific, a Vancouver, Canada based provider of a route optimization solution, raised a seed funding round of undisclosed amount. The round, which was led by Pallasite Ventures, brought total funding to $1.2 million. Other backers in the company include Firestarter Fund. The company will use the funds to continue to expand operations.
- DBmaestro, a provider of DevOps for Database solutions, raised $3 million in Series A funding from a number of venture capital firms including StageOne Ventures, lool Ventures and iAngels. The financing will be used to grow DBmaestro's global sales and marketing and to seal its place as the leading database automation solution.
- SALESmanago, a cloud based online marketing automation company that enables eCommerce and B2C clients to increase customer engagement and conversion rates,closed a $6 million round of funding from 3TS Capital Partners. With the investment, SALESmanago will continue to build out its technology platform and fuel its further expansion in Europe.
- Captain401 Inc. raised $3.5 million in seed funding to help small businesses and startups give their employees retirement savings help similar to that of larger and deeper-pocketed employers. Investors in Captain401 include SoftTech VC, SV Angel, Y Combinator, Crunch Fund, Slow Ventures, Susa Ventures, FundersClub and several individual angel investors including NerdWallet co-founder Jacob Gibson and Stripe Chief Technology Officer Greg Brockman.
- ClearMetal, a San Francisco, CA-based predictive logistics company, closed a $3 million seed financing. Backers included New Enterprise Associates Skyview, and Eric Schmidt’s Innovation Endeavors. The company intends to use the funds to expand oeprations. Co-founded by Adam Compain, CEO, Diego Canales and Will Harvey, ClearMetal provides large shipping carriers with a Predictive Intelligence Platform that uses artificial intelligence to predict equipment, trade, vessel and shipper needs enabling users to improve asset allocation and predictive trade management processes.
- Bengaluru-based brokerage-free property search portal NoBroker raised $10 million funding led by Singapore based venture capital firm BEENEXT and Digital Garage along with other investors namely BEENOS, Qualgro and Mamoru Taniya of Asuka holdings. Existing investor SAIF Partners has also participated in this round. The company had raised $3 million in February 2015 from SAIF Partners and Fulcrum Ventures in Series A fund.
- New York-based MakeSpace secured $17.5 million in funding to accelerate growth in their self-storage business. The round was led by Harmony Venture Partners and Upfront Ventures, with participation from existing Series A and seed investors. Currently available in just New York, Chicago and DC, MakeSpace plans to use the funding to expand to five new cities.
- PolyPid Ltd., a clinical-stage specialty pharmaceutical company, focused primarily on the development of post-surgical anti-infection pipeline, closed a $22 million private equity financing. The financing was co-led by new investor Shavit Capital and current investor Aurum Ventures. The round also included participation of Chaim Hurvitz who will now head the Company's board of directors, as well as other existing shareholders.
- Rani Therapeutics closed its latest round of funding, bringing the company's total investment to more than $70 million. New investors include AstraZeneca, Virtus Inspire Ventures, and Ping An Ventures. Existing investors in Rani Therapeutics include Novartis, Google Ventures, Buttonwood, GF Ventures, KPC Pharmaceuticals, InCube Ventures and VentureHealth, among others. The funding will support expansion of the team, new facilities and manufacturing scale up.
If you are interested in being included in our funding roundup, submit your press release or blog post about your financing round to email@example.com.
Image source: mashable.com
Read more from our "Daily Funding Roundup" series
Freightwalla raised $4M; Gtmhub landed $9M; Sproutt secured $12M; WhyHotel picks up $20MRead more...
Code Dx raised $2M; Popspots landed $5M; Finn closed $9.7M; Isar Aerospace secured $16.6MRead more...
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NEA is the entrepreneur’s venture capital firm.
When it is time to take a promising business or business idea to the next level, entrepreneurs want a venture partner who understands and believes in the power of big dreams, bold visions and fresh ideas that have the power to change an industry, a sector, the world.
Moreover, entrepreneurs want a venture partner who knows what it takes—through first-hand experience and carefully nurtured relationships—to make a company succeed, to turn an idea into an action, and to make a plan a reality.
For more than 30 years, NEA has been helping to build great companies. Our committed capital has grown to $13 billion, including a $2.6 billion fourteenth fund closed in 2012. We invest across stage and geography in technology, healthcare and energy.
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Whether you are seeking investment to get your idea off the ground or looking to propel a proven idea toward greatness, NEA is the venture partner who will be there—because we’ve been there—every step of the way.
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Upfront Ventures, previously GRP Partners, is an LA based Venture Capital firm that focuses on early stage investments (mostly Seed & Series A).
GRP, rebranded as Upfront Ventures in June 2013, has been operating since 1996, making investments in tech companies like Overture, CitySearch, BillMeLater, Envestnet, DealerTrack, CyberSource, Qualys, and HDI in that time. For the firm, the rebrand represents its movement toward a new, 21st-century style of investing, emphasizing openness and transparency.