Daily funding roundup - November 20th, 2020

Kristin Karaoglu · November 20, 2020 · Short URL: https://vator.tv/n/514d
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Paceline raised $5M; Kea landed $10M; TRANSFR secured $12M; OpenPhone picks up $14M

Paceline: Paceline is a San Francisco-based fintech platform that tracks physical activity through wearables and also leverages customer spending data to curate rewards. Paceline has raised $5 million in seed funding. Montage Ventures and Propel Venture Partners co-led the round, joined by Northwestern Mutual and BlackRock’s Mark McCombe as an angel investor. Read more

Kea: Kea is a Mountain View, Ca.-based startup whose first product is an automated voice assistant that helps busy restaurants take orders over the phone at a higher level of efficiency and consistency. Kea has raised $10 million in Series A funding. Marbruck led the round, joined by Streamlined Ventures, Xfund, Heartland Ventures, Deepcore, Barrel Venture, AVG Funds, and individual investors. Read more

TRANSFR: TRANSFR is a New York bases virtual reality startup that uses immersive simulations for employee training. TRANSFR has raised $12 million in Series A funding led by Fireworks Ventures, with participation from earlier backers Album VC, Imagination Capital, and numerous individual investors. Read more   

OpenPhone: OpenPhone is a San Francisco-based business phone app that lets employees make calls, send texts and add context to their business contacts. OpenPhone has raised $14 million in Series A funding. Craft Ventures led the round, joined by Slow Ventures, Kindred Ventures, Y Combinator, Garage Capital, and Chapter One Ventures. Read more

AI21 Labs: AI21 Labs is an Israel-based natural language processing startup. AI21 Labs has raised $25 million in Series A funding led by Pitango, with participation from TPY Capital. Read more 

Stackline: Stackline is a Seattle-based company that sells enterprise tools that help retailers and brands manage their e-commerce business. Stackline has raised $50 million in Series A funding from Goldman Sachs Growth Equity. The deal marks the company's first round of funding. Read more  

Loadsmart: Loadsmart is a New York-based online platform that provides on-demand truckload booking services for businesses. Loadsmart has raised a $90 million Series C funding round co-led by funds under management by BlackRock and Chromo Invest. 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 Gerhard G. from Pixabay 

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Kristin Karaoglu

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

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