New Zealand-based student well-being platform Komodo has snagged $1.27 million in a seed round led by Folklore Ventures, while Pakistani influencer marketing platform Walee has raised $2.7 million in a seed round from communications firm Z2C.
Komodo raises $1.27m in seed funding
New Zealand-based student well-being platform Komodo has raised NZ $1.8 million ($1.27 million) in a seed investment round led by Australian venture capital firm Folklore Ventures.
The round was joined by New Zealand VC Icehouse Ventures and Australia’s Flying Fox Ventures. Individual investors who joined the round include employee engagement platform Culture Amp co-founder Rod Hamilton; Chloe Hamman, Culture Amp’s director of people science; leaders from learning platform Education Perfect; and Kristi Grant, the director of people experience at Auror.
Komodo plans to use the proceeds to hire more in-house psychologists, develop its platform and expand to more schools in Australia and New Zealand before venturing into other markets such as the United States.
Founded in 2018, the startup aims to give students a place to communicate with staff, while providing schools with data to help them spot and address issues such as depression and bullying.
Walee secures $2.7m in seed funding
Influencer marketing platform Walee has raised $2.7 million in seed funding from Pakistani communications company Z2C.
Following the round, Z2C has acquired a minority stake in the company.
Founded in 2019, Walee connects brands and media agencies with content creators to promote products and services to their followers on various social media channels. The startup also has an offering that allows the influencers to sell products of its partner brands and agencies and earn a cut on every successful sale.
Walee claims to have a network of over 50,000 influencers with a combined reach of 100 million followers, as well as more than 5,000 brands registered on its platform.