Unicorn Nest news
Grow Therapy plants $15M into helping therapists start their own practices
– Grow Therapy, a behavioral health startup, raised $15m in Series A funding.
– The round was led by SignalFire and joined by existing investors, including First Round Capital, Lowercase Capital, and others.
– The company plans to use the funding to expand its team and grow its network of therapists.
Unicorn Nest news
Loyal raises $27M, aims to give dog owners more time with their pets
– San Francisco startup Loyal raised $27m in Series A funding.
– The round was led by Khosla Ventures and included First Round Capital, Box Group, Collaborative Fund, The Longevity Fund and Lachy Groom.
– The company is building an animal pharmaceutical company that is developing therapeutics aimed at extending both lifespan and healthspan for dogs.
Unicorn Nest news
Nomad Health Raises $63 Million in Funding to Address Healthcare Staffing Shortages Across the Country as COVID Surges Yet Again
– Nomad Health, the leading digital marketplace for temporary healthcare jobs, announced the completion of $63m in new equity and debt financing.
– Adams Street Partners led, and all existing investors participated, including Icon Ventures, Polaris Partners, RRE Ventures, .406 Ventures, First Round Capital, and Silicon Valley Bank.
– With this financing, the business has raised over $100m since the company’s inception in 2015.
– The funding will be used to support Nomad Health’s explosive growth, allowing the company to double down on efforts to hire, invest in the technology platform, and grow its national footprint.
– As the demands on the healthcare system have reached historic levels during the COVID-19 pandemic, the need and urgency for temporary healthcare staffing solutions has substantially increased.
Unicorn Nest news
Ascend raises $5.5M to provide a BNPL option for commercial insurance
– Ascend, a payments platform for insurance companies, raised $5.5m in seed funding.
– The round was led by First Round Capital and joined by Susa Ventures, FirstMark Capital, Box Group and a group of angel investors.
– The company is live in 20 states.
– It offers point-of-sale financing to enable insurance brokers to break up those commercial payments into monthly installments.
Unicorn Nest news
Role’s video role-playing platform makes a $2.75M charm attempt on the burgeoning tabletop world
– Tabletop gaming is in the middle of a historic boom.
– Role, a video platform for role-playing games, raised $2.75m seed round.
– The round was co-led by Konvoy and London Venture Partners.
– The company plans to use the funding to build out its product and grow its team.
Unicorn Nest news
Pequity Raises $19M in Series A Funding
– Pequity is a San Francisco, Calif. – based intelligent compensation platform that allows companies to create fair and competitive compensation programs.
– The company raised $19m in Series A funding.
– The round was led by Norwest Venture Partners with participation from First Round Capital, Designer Fund, and Scribble Ventures.
– The new investment will be used to continue investing in product development and expand its hiring.
Unicorn Nest news
Gregarious Raises $5.4M in Seed Funding
– Gregarious from NYC is a creator of Greg, a plant care app powered by machine learning.
– The company raised $5.4m in seed funding.
– The round was led by Index Ventures with participation from First Round Capital and angel investors and advisors including Elie Seidman, CEO of Tinder; Eliza Blank, founder of online plant retailer The Sill; and Darryl Cheng, author of the best-selling book The New Plant Parent and the blog House Plant Journal.
– The new investment will be used to expand operations and business reach.
Unicorn Nest news
Zenoti Raises $80M Investment from TPG
– Zenoti from Bellevue develops a software platform for salon and spa businesses.
– Series D funding round was led by TPG with participation of previous investors – Battery Ventures, First Round Capital, and Madrona Venture Group.
– The new investment increases company valuation to almost $1.5b.
– The company intends to use the funds to continue to expand its platform through forthcoming M&A, while providing some liquidity to its employees.
Unicorn Nest news
Greg, an app for plant lovers, grows $5.4 million in seed funding
– Gregarious, Inc. (Greg), a plant care startup, raised $5.4m in seed funding.
– The round was led by Index Ventures and joined by First Round Capital.
– The company is backed by a team of expert angels and advisors, including Elie Seidman (previous CEO of Tinder), Eliza Blank (founder of The Sill, a plant delivery service) and Darryl Cheng (a “plant-stagrammer” with 600K followers).
– Currently, Greg’s remote team has 11 members and plans to hire a head of Brand and at least five more engineers, including a senior Android engineer (so far, the app is only available on iOS).
– Gregarious, Inc. (Greg) is a plant care startup that uses machine learning to help people care for their plants.
Unicorn Nest news
Merlin Labs Raises $25M in Funding
– Merlin Labs is a Boston, MA-based developer of autonomous flight technology for fixed-wing aircraft.
– The company raised $25m in funding.
– Backers included GV (formerly Google Ventures) and First Round Capital.
Unicorn Nest news
Workforce Management Company Legion Raises $50 Million
– Legion is an AI-powered workforce management company.
– The company raised $50m in Series C funding.
– The round was led by Stripes and joined by Norwest Venture Partners, First Round Capital, XYZ Ventures, Webb Investment Network, and Dollar General.
– The company plans to build on its momentum to increase hiring and accelerate product innovation.
Unicorn Nest news
MasterClass co-founder’s Outlier.org raises $30M for affordable, virtual college courses
– Outlier.org, a startup offering intro-level college courses online at a relatively affordable price, raised $30m in Series B funding.
– The round was led by Reach Capital and joined by existing investors including Social Capital, First Round Capital, and others.
– The company plans to expand its course offerings to 14 by the end of 2022.
Unicorn Nest news
Holler raises $36M to power ‘conversational media’ in your favorite apps
– Holler, a conversational media company, raised $36m in Series B funding.
– The round was led by Lightspeed Venture Partners and joined by existing investors including Accel, First Round Capital, and General Catalyst.
– The company plans to use the funding to expand its team and continue to build out its technology platform.
Unicorn Nest news
Datapeople announces $8M in raised capital as it works to make recruiting more equitable
– Datapeople, a startup that sells software designed to make recruiting more equitable, announced that it has raised $8 million across two funding events, including a $5 million round in mid-2020.
– The company, which counts Uncork Capital, NextView Ventures and First Round Capital as backers, does two things. Its initial product, what Datapeople calls “Language Analytics,” scans job postings, offering suggested edits to customers to help them attract a more diverse group of applicants.
Unicorn Nest news
Ossium Health Raises $63M in Series B Funding
– Ossium Health is a therapeutics company that leverages stem cell science to improve treatment for patients with blood and immune diseases.
– The company raised $63m in Series B funding.
– The round was co-led by General Catalyst and Vivo Capital with participation from previous investors First Round Capital, Manta Ray Ventures, and XYZ Capital.
– The new investment will be used to develop stem cell therapies for patients with life-threatening blood and immune diseases.
Unicorn Nest news
Alt Raises $31M in Seed and Series A Funding
– Alt, a P2P marketplace for sports cards, raised $31m in a seed and a Series A funding round.
– The Series A round was led by Seven Seven Six, along with other investors including Kevin Durant’s Thirty Five Ventures, First Round Capital, SV Angel, Addition Ventures, Chapter One, BoxGroup, Nat Friedman, John Collison, Patrick Collison, Darren Rovell, Sue Wagner, JD Ross, Fred Ehrsam, Eric Wu, Larry Fitzgerald, Laura Behrens Wu, Tobias Harris and others.
– The company intends to use the funds to expand operations and business reach.
Unicorn Nest news
Shippo raises $45M more at $495M valuation as e-commerce booms
– Shippo, a software company that provides shipping-related services to e-commerce companies, raised $45m funding.
– The round was led by D1 Capital and joined by previous investors, including Accel, First Round Capital, and Y Combinator.
– The company plans to use the new capital to continue to grow its customer base.