Daily funding roundup - Dec. 2nd, 2020

Kristin Karaoglu · December 3, 2020 · Short URL: https://vator.tv/n/5163

Loop Team raised $4.8M; Fylamynt landed $6.5M; Ridecell secured $45M; Step picks up $50M

Minerva: Minerva is a New York-based software startup that captures and shares procedural knowledge. Minerva has $4 million in seed funding led by Craft Ventures, with participation from GGV Capital. Read more

Antenna: Antenna is a New York based company that provides analytics about subscription businesses. Antenna has raised $4.2 million in seed funding led by Raine Ventures. Read more

Loop Team: Loop Team is a  Menlo Park, Ca.-based virtual office for distributed teams. Loop Team raised $4.8 million in seed funding from ENIAC, Crosslink Capital, Golden Ventures, Redpoint, and Precursor Ventures. Read more  

AgentSync: AgentSync is a Bay Area-based insurtech startup focused on agent compliance management. AgentSync has raised $6.7 million in funding from Craft Ventures and Operator Collective, among others. The company had separately raised $4.4 million just a few months ago. Read more

Fylamynt: Fylamynt is a Mountain View, Ca.-based service that helps businesses automate their cloud workflows. Fylamynt today announced both the official launch of its platform as well as a $6.5 million seed round. The funding round was led by Gradient Ventures, with participation from Mango Capital and Point72 Ventures. Read more

Hodinkee: Hodinkee is a New York-based go-to destination for watch lovers. Hodinkee just raised $40 million in Series B funding. The round was led by TCG, an affiliate of The Chernin Group, with participation from new and existing investors, including LVMH Luxury Ventures, True Ventures, Tony Fadell’s Future Shape, NFL star Tom Brady, GV and singer John Mayer. Read more  

Ridecell: Ridecell is a San Francisco-based fleet management software maker. Ridecell has raised $45 million in Series C funding. Fort Ross Ventures led the round, joined by Solasta Ventures and earlier investors Activate Capital, DENSO, LG Technology Ventures, and Initialized Capital. Read more

Step: Step is a San Francisco-based mobile banking service aimed at teens. Step has raised $50 million in Series B funding. Coatue led the round, joined by earlier backers Stripe, Crosslink Capital, Collaborative Fund and Will Smith’s Dreamers VC. The startup also added some celeb investors to this round, including TikTok star Charli D’Amelio, singer-actor Justin Timberlake and the DJ duo The Chainsmokers. Read more  

Amount: Amount is a Chicago-based SaaS business that helps financial institutions transform their business to digital. Amount has raised $81 million in Series C funding led by Goldman Sachs Growth. Earlier backers August Capital, Invus Opportunities and Hanaco Ventures also participated in the new funding. Read more 

Flock Freight: Flock Freight is a Solana Beach, Fl.-based logistics company focused on shared truckload shipping. Flock Freight has raised $113.5 million in funding led by SoftBank. Other participants in the round include new strategic partner Volvo Group Venture Capital and earlier backers SignalFire, GLP Capital Partners, and GV. Read more  

Bizzabo: Bizzabo is a New York-based event software company that helps businesses run hybrid online-offline events. Bizzabo has raised $138 million in Series E funding led by Insight Partners, with participation from Viola Growth, Next47, and OurCrowd. 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 

Image Description

Kristin Karaoglu

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

All author posts

Support VatorNews by Donating

Read more from our "Daily Funding Roundup" series

More episodes