Fundings & Exits
Auto Added by WPeMatico
Bullpen closes its third fund at $75 million to back post-seed stage startups
Bullpen Capital, a venture firm that specializes in post-seed stage deals, has closed its third fund at $75 million. The firm invests in companies that previously closed a seed round of investment, showed solid signs of traction, but have been dubbed too early for traditional VC’s anyway. Bullpen founder, Paul Martino, said “Our rounds get the CEOs real coverage. We put founders… Read More
Powered by WPeMatico
Online real estate service OpenDoor raises $210M Series D despite risky financing model
This afternoon, Norwest Venture Partners announced that it led a massive $210 million Series D investment round in OpenDoor. The startup is looking to expand the usage of its marketplace platform for buying and selling real estate to 10 cities with the new capital. OpenDoor is unique in that it owns its own inventory of homes. While the predictive analytics the company employs to project… Read More
Powered by WPeMatico
Care/of takes on the vitamin industry with customized nutrition packs
There’s no end to the bottles, packs and pills of various nutritional supplements out there, but vitamin startup Care/of plans to stand out by tailoring the vitamins you pop to your specific needs. The startup joins a growing number of others in tech hoping to cash in on the lucrative vitamin industry. Elysium offers pills they say will boost longevity; Ritual makes vitamins for women;… Read More
Powered by WPeMatico
Ashton Kutcher and Guy Oseary’s Sound Ventures back Apptopia’s next-gen app intelligence platform
Apptopia, a startup that began its life as a marketplace for reselling apps before morphing into the app intelligence provider that’s now used by Google, Facebook, Pinterest, NBCU, and others, has closed on a second seed round of $2.7 million. The round, which was led by Ashton Kutcher and Guy Oseary’s Sound Ventures, brings Apptopia’s total raise to date to $5 million.… Read More
Powered by WPeMatico
Albert raises $2.5 million for its finance app that helps you save money
Everyone knows the basics of how to improve their financial health: put money into savings, track your spending, reduce your debt, look for ways to save on your monthly bills, and make smart investments. Where people struggle is translating that knowledge into specific actions you can take today. That’s where an application called Albert steps into help. The startup, which has now closed… Read More
Powered by WPeMatico
Zola wedding registry lands $25 million led by Lightspeed
Zola, the smarter wedding gift registry, has signed term sheets on a $25 million Series C round of funding, according to sources close to the matter. Sources say that Lightspeed led the round, and that Zola’s pre-funding valuation was at $200 million. Zola is an online wedding registry that lets couples choose products from a number of brands and even set up a cash fund. Guests can… Read More
Powered by WPeMatico
Draper Nexus closes $175 million fund, LP’s include Panasonic, Canon and other Japanese tech giants
Early stage venture firm, Draper Nexus, has closed its second fund at $175 million, according to Managing Director Q Motiwala. Its debut fund closed in 2013, at $50 million. Limited partners in Draper Nexus are global tech conglomerates, primarily based in Japan. For its second fund, the firm signed up about 20 LP’s including Panasonic, Hitachi, Kyocera, Shimizu, NEC, Canon and others.… Read More
Powered by WPeMatico
Cogito closes $15M Series B to improve customer support with science
Cogito, a real-time feedback platform for customer service agents, added $15 million to its coffers today in the form of a Series B. This brings the company’s total fundraising to $22.5 million.
The MIT Media Lab spin-off is applying the principles of behavioral science to call centers around the world to improve customer experiences. Cogito compares the characteristics of a current… Read More
Powered by WPeMatico
Sesame Street’s VC fund makes its first investment in tutoring app Yup
Sesame Ventures, the venture fund formed by Sesame Workshop and New York-based Collaborative Fund in May, has made its first investment in a tutoring platform called Yup. Specifically, Yup (formerly known as MathCrunch) has raised $4 million in a seed extension round led by Sesame Ventures, bringing the company’s total capital raised to date to $7.5 million. Yup connects students with… Read More
Powered by WPeMatico
French IoT startup Sigfox confirms €150M Series E at €600M valuation
Sigfox, the IoT company based out of France that is building a dedicated, global network to connect, monitor and control devices like smart-home alarms, machinery, refrigerators and city streetlights, today confirmed that it has closed its latest round of funding, a Series E round of €150 million ($160 million). We broke the news of this round in October, noting it was likely to be… Read More
Powered by WPeMatico