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Candor Secures $12.5 Million in Series A Funding Led by Arthur Ventures
Candor Secures $12.5 Million in Series A Funding Led by Arthur Ventures
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Unicorn Nest news

Candor Secures $12.5 Million in Series A Funding Led by Arthur Ventures

– Candor announced that it has secured $12.5M in a Series A investment.
– The effort was led by Arthur Ventures, a leading early-growth capital firm focused on high-growth, capital-efficient B2B software companies.
– The investment will further enhance the company’s patent-pending Loan Engineering System™, the only machine that autonomously makes income, asset, and lending decisions that are backed by a defect policy.
– Candor’s Loan Engineering System (LES) has been turning chaos into consistency. The consistency of Candor’s LES is due to a unique innovation: Candor’s Mortgage Decision Science Technology™ which is a machine intelligence platform.

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Factal, which alerts companies of breaking news events, raises $3.3M after doubling revenue in 2020
Factal, which alerts companies of breaking news events, raises $3.3M after doubling revenue in 2020
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Unicorn Nest news

Factal, which alerts companies of breaking news events, raises $3.3M after doubling revenue in 2020

– Factal, a Seattle startup which monitors breaking news to help companies assess risks to their business, has raised $3.3m in a Series A funding round.
– The round was led by Arthur Ventures with participation from lead seed investor Seachange Fund.
– The startup was founded by key players of the former Breaking News website and app, which attracted millions of followers, but was shut down by NBC News for lack of revenue in 2016.
– Factal CEO Charlie Tillinghast previously oversaw the creation of Breaking News as an internal startup when he was president and CEO of MSNBC Interactive, the former Microsoft and NBC News joint venture.
– Fellow co-founders are Cory Bergman, Factal’s vice president of product, and Ben Tesch, vice president of technology.

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Athennian Raises CAD$7M In Series A Extention Funding
Athennian Raises CAD$7M In Series A Extention Funding
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Unicorn Nest news

Athennian Raises CAD$7M In Series A Extention Funding

– Athennian is a cloud-based legal entity management software platform based in Calgary, Canada.
– The company raised $7m CAD in Series A extension funding.
– The round was led by Arthur Ventures with participation from new investors Touchdown Ventures and Clio CEO, Jack Newton, Round13 Capital and other existing investors.
– The company will use the capital to increase the size of its global team, invest in product development, and expand its cloud-based services.

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