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StreetLight Data extracted $15m from investment Round D

StreetLight Data extracted $15m from investment Round D

StreetLight Data, a company utilizing big data for mobility and transportation insights, founded in 2011 by Laura Schewel, with HQ in San Francisco and offices in Richmond, Virginia and Vancouver, BC, Canada, that makes 6000+ transportation machine-learning analyses per month of 5m+ roadways, sidewalks, bike lanes and 40b+location datapoints per month, paved a new development boost of the services provided with $15m Round D from new investors Macquarie Capital and Activate Capital, and existing investors Osage University Partners and Ajax Investment Strategies. Unicorn Nest Dataset Insights Founder Laura Schewel graduated Ph.D. at UC Berkley, a core partner of OUP which focuses on investing in startups that are commercializing pioneering university technologies. So it is the third investment from them, and Fund’s partner Marc Singer, a VC veteran with vast experience in CleanTech, got a seat in the Board of SLD. AIS focuses exclusively on solving climate change problems and they […]

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PandaDoc jackpots Series B with extra $30m totaling 2017 Round B to $45m

PandaDoc jackpots Series B with extra $30m totaling 2017 Round B to $45m

PandaDoc, a SaaS document automation platform, organized by Belorussian founders Mikita Mikado and Sergey Barysiuk in 2013 as a successor to their successful 2011 Quote Roller project. HQ is in San Francisco and offices in Minks, Belarus, St. Petersburg, Florida, and Manila, Philippines with 300+ employees, and over 20,000 b2b customers, aggregated Round B ($15m in 2017) with additional $30m. The Round process involved 5 investors: One Peak Partners (lead-investor), Savano Capital Partners, M12, European Bank for Reconstruction and Development, David Sipes. PandaDoc needs the money to enter the space with many competitors. Unicorn Nest Dataset Insights PandaDoc declares the collected money will go “to take on competitors”, “expand to new businesses, such as education and health care”, but no doubts they need a piece of the Document Management cake. They can do it with CRM and ERP integrations. PandaDoc started offering some of their services free of charge during […]

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Zencity scores $15m to expand product capabilities

Zencity scores $15m to expand product capabilities

Zencity, Israeli general and social media monitoring developer, whose system collects data from various sources (social posts, news, government communications, etc.) with the goal to provide local authorities with insights on the public sector, attracted $13.5m for further development of their products. Zencity services 150 local governments, including 40 cities in 29 US states and 4 countries. Salesforce Ventures and TLV Partners led the round, Canaan Partners Israel, Vertex Ventures, M12, i3 Equity Partners joined the party. The total VC investments attracted by Zencity reached $21m. Unicorn Nest Dataset Insights Two existing investors Canaan Partners Israel and i3 Equity Partners are focused on the IoT vertical and geographically are interested in Israel only. I3 participated in the seed round while stood aside during Round A in 2017. They are not active recently, so this follow-on was quite a surprise. Another interesting fact is participation of M12 (venture arm of Microsoft), […]

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Palmetto absorbs $29m Round B financing

Palmetto absorbs $29m Round B financing

Palmetto, a solar energy implementation company with HQ in Charleston, SC and offices in San Francisco and Seattle, founded in London in 2009, has just closed $29m Series B. The round attracted a wide range of investors with interests in various verticals, including Evergy Ventures, Arctern Ventures, Shell Ventures, Greycroft, Lerer Hippeau, Box Group, Falkon Ventures, and the Leto Family Office. In 2018 Greycroft led Round A when Palmetto got $6m investment. Palmetto builds and deploys simplified software systems to help consumers handle their energy expenditures. Unicorn Nest Dataset Insights 5 out of 8 investors of Round B did not take part in Round A, so they are new: EV, AV, SV, FV, and LFO. No surprise they decided to enter because they are known for investments into Clean Energy.  EV and SV are venture subsidiaries of major companies in energetics and fuel. And are closely connected to each other. […]

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Lemonaid Health flats $33m Round B investments to rocket their Health Care platform

Lemonaid Health flats $33m Round B investments to rocket their Health Care platform

Lemonaid Health, San-Francisco based company found in 2013 is b2c healthcare platform to help people in the US to minimize health care expenses and “bring ultra low cost healthcare to everyone in America”. Generally, Lemonaid Health is a medical group enabled by technology for online interaction. They charge $25 per online medical consultation, they already serviced over 1m patients with plans to service 10m in the next few years. They currently have 75 employees. They attracted $11m Round A financing in 2017, and now $33m that totals investments to $55m. The Round B was led by Olive Tree Ventures, with participation of Artis Ventures, Correlation Ventures, Hikma Ventures, and Sierra Ventures. New money will help them to expand their MD network and medical areas covered (incl. treatment of asthma, hypertension, Type 2 diabetes and some mental problems. Unicorn Nest Dataset Insights The most participants of the round are famous of […]

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Remitly rounded $85m to extend mobile payment opportunities

Remitly rounded $85m to extend mobile payment opportunities

Remitly, a global mobile payment platform through their  Android and iOS apps, operating in 45 countries and transferring $6b a year, just raised another $85m round with company valuation at $1.5b from PayU, DN Capital, Generation Investment Management, Owl Rock Capital, Princeville, Stripes, Threshold Ventures and Top Tier. The total investments almost reached $400m. The company was found in 2011 to transform the global remittance industry. The company’s office are located in Seattle, Spokane, London, Cork, Krakow, Manila, and Managua, the number of employees – 1000+. Unicorn Nest Dataset Insights Remitly is already named a real Seattle unicorn. The company is currently valuated at $1.5b, it was in the top three world innovative companies list and top50 best FinTech companies in 2019. All the investors in the round already invested into Remitly before joining the club during the last 5 years since Round B. For all investors FinTech and Mobile […]

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Stack Overflow sports $85m at Round E for their SaaS space

Stack Overflow sports $85m at Round E for their SaaS space

Stack Overflow, an online platform to help establish collaboration between software developers and customers, owned by Stack Exchange, Inc., with 120m monthly visitors, has raised $85m Round E totaling the investments to $153m. The round was led by GIC with the participation of already existing investors Andreessen Horowitz, Index Ventures, Spark Capital, and Union Square Ventures and a new one called Silver Lake Waterman. The new money will go to expand their knowledge management and collaboration environment Stack Overflow for Teams. Unicorn Nest Dataset Insights The old investors supported Stack Overflow since the very beginning. Only Bezos Expeditions did not take part in the round as they stopped investing in collaboration space at all (were investing in 2008-2015). All the current investors traditionally support this space and related verticals, with special focus on Enterprise Software; that’s why the round was arranged. One investor looks unusual – GIC – as they […]

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Talkdesk got $143m at round C, valuation boosted to $3b

Talkdesk got $143m at round C, valuation boosted to $3b

Talkdesk®, Inc.,  a cloud contact center (Contact Center as a Service (CCaaS)) for independent dynamic businesses with 1800+ clients and 30,000+ users in 75+ countries, and with 6 offices in USA, Portugal, and UK, attracted $143m during Series C fundraising from existing and new investors, causing a re-evaluation of the company to $3b+. Franklin Templeton, Willoughby Capital, Skip Capital, Lead Edge Capital, Top Tier Capital Partners joined Viking Global Investors and Threshold Ventures in this investment trip, totaling investments to $268m. Unicorn Nest Dataset Insights For Lead Edge Capital, Top Tier Capital Partners, Threshold Ventures the vertical of Talkdesk is a priority domain due to top-10 interest and frequent investments, though TTCP does not invest in the area for over a year, while LEC invested in #1 Salesforce native DevOps platform called Copado (Copado may be a reason why Salesforce Ventures stopped investing in Talkdesk). The other involved investors do […]

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