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GoSite is enlarged with $16m Series A Round and going to help SMB even more

GoSite is enlarged with $16m Series A Round and going to help SMB even more

GoSite, San-Diego-based online platform for helping 12m SMB in the US on their journey online, founded by Alex Goode in 2013, with under 100 employees has just summoned $16m of Series A investments from Longley Capital, Stage 2 Capital and Ankona Capital, who joined existing investors Serra Ventures and SaaS Ventures; the total money raised reached $19.8m. The money will be used to expanding Gosite’s footprint on the global market and hiring more specialists, including Frank Auger as Chief Customer Officer. Unicorn Nest Dataset Insights Considering the global digitalization of businesses, this is a very smart investment into a company offering everything businesses need to go online. Gosite attracted players who are active in this area (Software and SaaS). There is one exciting moment: SaaS Ventures, Serra Ventures, and AC have CRM and Advertising background, and it may mean GoSite will get a good kick to generate income more efficiently. […]

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Allergy Amulet winded $3.3m of Seed funding

Allergy Amulet winded $3.3m of Seed funding

Allergy Amulet, creator of the smallest food allergen sensor that can fit in your pocket, founded by Abigail Barnes in 2016, a company with less than 10 employees and 13 investors, and with HQ in Great Lakes (Midwest) just received $3.3m during Seed round from TitletownTech (leading investor), Great Oaks Venture Capital, Great North Labs, Dipalo Ventures, DeepWork Capital, Colle Capital Partners, Bulldog Innovation Group (total funding reached $4.8m). Allergy Amulet is developed to avoid allergic reactions by checking food for known allergens in seconds. This problem affects 32 million people in the United States and about 220m-520m worldwide. Unicorn Nest Dataset Insights Another Co-founder and Scientific Advisor of AA is Dr. Joseph BelBruno, a Dartmouth chemistry professor emeritus. Graduation from the Gener8tor accelerator of Wisconsin in 2016, AA raised funds from a couple of investors – Bulldog Innovation Group (Yale alumni-led venture capital firm, Barnes got her Master’s Degree […]

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Skillshare assembled $66m for further expanding of the platform

Skillshare assembled $66m for further expanding of the platform

Skillshare, online learning community with thousands of classes and 5+ millions of members, and 10+ millions of website visits per month, founded in 2010, with about 500 employees and HQ in New York City, has enlarge their financial power with some $66m during new investment Round led by OMERS Growth Equity with participation of all existing investors – Union Square Ventures, Amasia, Burda Principal Investments, and Spero Ventures, totaling investments to almost $117m. Unicorn Nest Dataset Insights Skillshare decided to rebrand in early 2020 and started focusing mainly on the content of their platform and provision of more features and better usability. So no wonder that OGE joined the funding train as they are happy to invest in confident growth of companies, and Skillshare attracted another late stage investor to the gang. Considering the average exit period in USV (they used to exit after 7.5 years, and they invested into […]

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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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