Jackpot.com, a San Antonio, TX-based provider of an online lottery ticket platform, raised $7M in funding. Following a $35m Series A this summer, additional funds were raised from some of the biggest names in sports, entertainment, and gaming, including the Dallas Cowboys, New York Yankees, San Francisco 49ers owners’ Aurum Partners, the Tisch family (co-owners… Continue reading Jackpot.com Raises $7M in Funding
Author: FINSMES Online News
Is the Usage-Based Insurance Market Growing, And Why?
The automobile insurance industry in the US alone made $327 billion in 2022. Worldwide, the market is worth around $780 billion according to Mobility Foresights. This industry involves various kinds of vehicle cover, and one sector is known as usage-based insurance. While it seems that usage-based insurance is new, it has been in existence for… Continue reading Is the Usage-Based Insurance Market Growing, And Why?
Valtech Acquires Tome Software
Valtech, a London, UK-based business transformation agency, acquired Tome Software, a Detroit, MI-based developer of mobility IoT software solutions. The amount of the deal was not disclosed. With the acquisition Valtech will expand its offering. Led by CEO Jake Sigal and Massimo Baldini, Tome Software operates in the Internet of Things tech space, specializing in the development… Continue reading Valtech Acquires Tome Software
Blacklane Receives Series F Investment from Gargash Group and Mercedes-Benz Mobility
Blacklane, a Berlin, Germany-based provider of chauffeur services, received a Double-Digit Million Dollar Series F investment from Gargash Group and Mercedes-Benz Mobility. The amount of the deal was not disclosed. The company intends to use the funds to focus on its fleet’s transition to electric vehicles (EVs) including a retained charging network to accelerate its… Continue reading Blacklane Receives Series F Investment from Gargash Group and Mercedes-Benz Mobility
Samara Raises €4.5M in Seed Funding
Samara, a Madrid, Spain-based solar energy company, raised €4.5M in Seed funding. The round was led by Seaya and Pelion Green Future. The company intends to use the funds to continue recruiting talent and developing digital proprietary tools to help residential customers adopt solar and other clean technologies. Led by Iván Cabezuela —former Country Manager… Continue reading Samara Raises €4.5M in Seed Funding
Linse Capital Raises $700M To Back Industrial Technology Companies
Linse Capital, a San Juan, Puerto Rico-based growth equity firm, raised $700m to back industrial technology companies. LPs include affiliates of Oppenheimer & Co., Daimler Truck, Taiwan Mobile and a syndicate of more than 400 family offices and high-net-worth individuals. The capital will be allocated across its flagship fund – Linse Capital Fund I (LCFI)… Continue reading Linse Capital Raises $700M To Back Industrial Technology Companies
Mural Names David Baga as New CEO
David Baga, Mural CEO Mural, a San Francisco, CA-based collaborative intelligence company, announced David Baga as its new CEO, succeeding co-founder Mariano Battan. Battan will support Baga in his new role as executive chairman of the board. As executive chairman of the board, he will lead the operations of the board while supporting Baga with vision, guidance, and… Continue reading Mural Names David Baga as New CEO
Nillion Closes $20M+ Funding
Nillion, a US-based developer of an internet infrastructure for the secure storage and computation of data, raised $20M+ in funding. The round was led by Distributed Global, with participation from Big Brain Holdings, Chapter One, GSR, Hashkey, OP Crypto, Salt Fund, and 150+ others. The company intends to use the funds to accelerate growth and… Continue reading Nillion Closes $20M+ Funding
Beamery Raises $50M in Series D Funding
Beamery, a London, UK-based provider of a talent lifecycle management platform, raised $50M in Series D funding. The round, which brought the company’s valuation to over $1 billion, was led by Teachers’ Ventures Growth, part of the C$242 billion Ontario Teachers’ Pension Plan. The company intends to use the funds to expand operations and its… Continue reading Beamery Raises $50M in Series D Funding
Riviera Partners Receives Investment from Insight Partners
Riviera Partners, a San Francisco, CA-based data-driven and tech-enabled executive search company, received an investment from Insight Partners. The amount of the deal was not disclosed. The company intends to use the funds to scale into new markets and geographies. Led by CEO Will Hunsinger, Riviera Partners is a global executive search company that places executive… Continue reading Riviera Partners Receives Investment from Insight Partners