Daily funding roundup - April 22nd, 2019

Kristin Karaoglu · April 22, 2019 · Short URL: https://vator.tv/n/4dc5

Novo Labs raised $2M; Driveroo secured $3.1M; Nabis landed $4M; Bridge Connector closed $20M

Novo Labs: Novo Labs is a provider of conversational artificial intelligence services for large restaurant chains. Novo Labs has raised $2 million in seed funding led by Silverton Partners. Read more

Driveroo: Driveroo is  an on-demand car care app which connects drivers to a network of local, ASE certified technicians. Driveroo has raised $3.1 million in seed funding round led by Zack Rinat, former founder and chairman of Model N and NetDynamics. Other institutional investors also participated as well, including WS Investments. Read more

Nabis: Nabis is a licensed software-enabled cannabis distributor. Nabis has raised $4 million in funding. The company has now raised $5.25 million altogether. Its backers including Y Combinator, Liquid 2 Ventures, Soma Capital, and Babel Ventures, among others. Read more

CI Security: CI Security’s specialty is protecting the life safety and life-sustaining networks of healthcare organizations and critical infrastructure. CI Security has raised $9.6 million in Series B funding led by East Seattle Partners. Read more

Audioburst: Audioburst creates screen-free, speech-based technology that enables search and interaction with audio. Audioburst has raised $10 million in strategic funding from Dentsu and Hyundai Motor Company. The company has now raised $25 million altogether. Read more

Embark Veterinary: Embark was founded by top experts in genomics, computational biology, and software design to sell an industry-leading dog DNA test. Embark has raised $10 million in Series A funding. F-Prime Capital led the round; other participants include Slow Ventures, Section 32, Third Kind Venture Capital,Freestyle Capital, FJ Labs, and Anne Wojcicki. Read more

The Well: The Well integrates an upscale health club with an online marketplace and other wellness lines of business. The Well has raised $14 million in Series A funding led by NEA. Other investors include actor Will Smith and Starwood Capital Group CEO Barry Sternlicht. Read more  

Avidity Biosciences: Avidity Biosciences combines the tissue selectivity of monoclonal antibodies and the precision of oligonucleotide-based therapeutics to overcome barriers to the delivery of oligonucleotides and target genetic drivers of disease.  Avidity Biosciences has raised $15 million from Eli Lilly. Read more

HappyFresh: HappyFresh is an online grocery platform that lets you shop products from great grocery stores around the city at the tap of a button. HappyFresh has raised $20 million in Series C funding led by Mirae Asset-Naver Asia Growth Fund. Other participants in the round include Line Ventures, Singha Ventures, Grab Ventures, Samena Capital, Vertex Ventures, SMDV, 500 Startups, and BeeNext. Read more  

Bridge Connector: Bridge Connector is a technology company offering data-driven workflow automation to solve health IT interoperability challenges. Bridge Connector has raised $20 million in Series B funding from Axioma Ventures. Read more 

ZestMoney: ZestMoney is a faster way for all kinds of people to pay using digital EMI, without the need of a credit card or a credit score. ZestMoney has raised $20 million in Series B funding. Quona Capital, a fund that invests in emerging market fintech, led the round. Other participants include Reinventure, Ribbit Capital, Omidyar Network and Naspers -owned PayU. 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.

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Kristin Karaoglu

Woman of many skills: Database System Engineer; SplashX event producer; Author of Startup Teams

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Driveroo is the 1st auto care service platform to provide predictive analysis of potential maintenance issues for each vehicle. The company uses Artificial Intelligence and Machine Learning to examine millions of data points about a specific car and others like it and determine the likelihood of specific maintenance issues, based on the type of car and its specific history.   The Driveroo mobile app, in combination with partnerships with professional auto service providers, offers more visibility and convenience into the process of automotive care, maintenance, and inspections and can accurately predict potential service issues before they arise.  Driverooprovides a full range of services, available instantly on-demand, from pre-purchase inspections to fleet care services.  Driveroo is privately held and headquartered in Burlingame, CA.  For more information, please visit https://www.driveroo.com/

Bridge Connector


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Healthcare communication has been complicated for too long.

Strict regulations, systems with different standards, internal political battles, and many other factors contribute to the disparity that so often occurs with healthcare organizations.

This complexity creates inefficiency, wasted time, archaic methods of communication, and at worst, miscommunications regarding patient data.

Bridge Connector offers a simple, affordable solution to connect disparate systems in healthcare. It’s healthcare integration, simplified.