Heru, a Mexico City, Mexico-based provider of an AI-based tax platform that simplifies the tax-filing process and provides intelligent insights for future filings, raised USD$6M in Seed funding. The round was led by Gradient Ventures, with participation from SOMA Capital, GFC, Moving Capital, Mike Shoemaker, Flourish Ventures and Magma Partners. The company intends to use the funds to expand its… Continue reading Heru Raises USD$6M In Seed Funding
Author: FINSMES Online News
Polywork Raises $28M in Series B Funding
Polywork, a NYC-based provider of a professional network, raised $28m in Series B funding. The round, which brought brings total financing to $44.5m, was co-led by Nat Friedman (former GitHub CEO) and Caffeinated Capital with participation from existing and new investors including Andreessen Horowitz, Baron Davis, Bungalow Capital, Daniel Gross, Elad Gil, Fidji Simo, Maverick… Continue reading Polywork Raises $28M in Series B Funding
J.P. Morgan to Acquire Renovite Technologies
J.P. Morgan (NYSE: JPM) is to acquire Renovite Technologies, Inc. (Renovite), a Fremont, California-based cloud-native payments technology company. The amount of the deal, whose final transaction execution is subject to customary closing conditions, was not disclosed. The acquisition of Renovite will help J.P. Morgan Payments build its merchant acquiring platform, bolster the firm’s payments modernization… Continue reading J.P. Morgan to Acquire Renovite Technologies
The Predictive Index Receives $30M Investment From JM Family Enterprises
The Predictive Index, a Boston, MA-based talent optimization platform, received a $30m minority investment from JM Family Enterprises. The company intends to use the funds to accelerate enhancements to its platform. Led by CEO Mike Zani, The Predictive Index is a talent optimization platform that aligns business strategy with people strategy for optimal business results. The solution aims… Continue reading The Predictive Index Receives $30M Investment From JM Family Enterprises
Elise Raises $14.8M in Series A Funding
Elise, a Bremen, Germany-based provider of a connected engineering platform, raised $14.8M in Series A funding. The round was led by Spark Capital, with participation from BMW i Ventures, Cherry Ventures, UVC Partners, and Venture Stars. The company intends to use the funds to expand operations and its business reach. Co-founded in 2018 by Daniel… Continue reading Elise Raises $14.8M in Series A Funding
Community Labs Raises $30M in Funding
Community Labs, a NYC-based Arweave*-native software development company and venture studio accelerating developer tools, use cases, and adoption of decentralized permanent data storage, raised $30m in funding. The round was led by Lightspeed Venture Partners with participation from industry leaders Arweave, Bain Capital Crypto, Blockchain Capital, Distributed Global and Road Capital Management, alongside others. The company intends to use the… Continue reading Community Labs Raises $30M in Funding
StarTree Raises $47M in Series B Funding
StarTree, Inc., a Mountain View, CA-based real-time analytics company, raised $47m in Series B funding. The round was led by GGV Capital, with participation from new investor Sapphire Ventures and existing investors Bain Capital Ventures and CRV. The company, which has raised a total of $75 million to date, intends to use the funds to accelerate product development, expand sales… Continue reading StarTree Raises $47M in Series B Funding
Chronus Acquires eMentorConnect
Chronus, a Bellevue, Wash.-based enterprise mentoring platform, acquired eMentorConnect, a Seattle, WA-based cloud-based platform that helps growing teams and enterprise-level organizations configure their mentoring solutions. The amount of the deal was not disclosed. The acquisition will allow Chronus to expand its service to additional organizations that value mentoring as a key development strategy. Several eMentorConnect… Continue reading Chronus Acquires eMentorConnect
How Technology is Changing the Car Industry
The car industry is one that has been revolutionized by technology in many ways. From the way cars are designed and manufactured to the way we use them, technology has had a huge impact on this industry. In this blog post, we will discuss some of the ways that technology has changed the car industry.… Continue reading How Technology is Changing the Car Industry
The Ups and Downs of Funding: Why You Should be Willing to Change Your Mind
Private equity deals, funding rounds and, eventually, the move to becoming a publicly listed company can be a rollercoaster. There can be highs, lows, and plateaus, but the ultimate goal for all concerned is to take investments and use them to create a thriving business. Sometimes that happens, sometimes it doesn’t. That’s the nature of… Continue reading The Ups and Downs of Funding: Why You Should be Willing to Change Your Mind