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SafelyYou Closes $19.5M Series A Funding Round
SafelyYou Closes $19.5M Series A Funding Round
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Unicorn Nest news

SafelyYou Closes $19.5M Series A Funding Round

- SafelyYou from San Francisco provides artificial intelligence-enabled fall detection and prevention for dementia care. - Series A $19.5m round was led by Eclipse Ventures with participation from Founders Fund, as well as existing investors DCVC, Foundation Capital, TSQ Advisors, Pathbreaker Ventures, The House Fund, Swift Ventures, Pacific Health Ventures, Anorak Ventures, and 7Percent Ventures. - The new investment will be used to scale up the business.

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SafelyYou Closes $19.5M Series A Funding Round
SafelyYou Closes $19.5M Series A Funding Round
UN

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SafelyYou Closes $19.5M Series A Funding Round

- SafelyYou from San Francisco provides artificial intelligence-enabled fall detection and prevention for dementia care. - Series A $19.5m round was led by Eclipse Ventures with participation from Founders Fund, as well as existing investors DCVC, Foundation Capital, TSQ Advisors, Pathbreaker Ventures, The House Fund, Swift Ventures, Pacific Health Ventures, Anorak Ventures, and 7Percent Ventures. - The new investment will be used to scale up the business.

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Addi Raises $140M in Series B Extension Funding
Addi Raises $140M in Series B Extension Funding
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Addi Raises $140M in Series B Extension Funding

– Addi is a fintech and digital commerce startup based in Bogota, Colombia, and Sao Paulo, Brazil.
– Company raised $75m in extension Series B funding.
– The round was led by Greycroft with participation from new investors GGV Capital, Citius Capital, and Intersection Growth Partners, as well as existing investors Andreessen Horowitz, Citius VC, Endeavor Catalyst, Foundation Capital, Monashees, and Quona Capital. Union Square’s Opportunity Fund also participated in the round.
– The company will use the funds to continue to scale its current operations in Brazil and Colombia, expand into Mexico in early 2022, enhance its BNPL offering while allowing customers and merchants to pay in new ways through its platform and its app, which launches later this month.

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One Raises $40M in Series B Funding
One Raises $40M in Series B Funding
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One Raises $40M in Series B Funding

– One is a financial technology company which provides families and individuals with an account combining saving, spending, sharing, budgeting, and borrowing.
– The company raised $40m in Series B funding.
– The round was led by Progressive Investment Company and attracted new investor – Obvious Ventures as well as existing investors Foundation Capital and Core Innovation Capital.
– The new investment will be aimed at scaling the internal team and expanding its product offerings.

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Orchata raises $4M, aims to build a ‘Gopuff for Latin America’
Orchata raises $4M, aims to build a ‘Gopuff for Latin America’
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Orchata raises $4M, aims to build a ‘Gopuff for Latin America’

– Orchata, a mobile app enabling consumers to get groceries delivered in 15 minutes, with no substitutes and at supermarket prices, raised $4m in seed funding.
– The round was led by Y Combinator and joined by JAM Fund, FJ Labs, Venture Friends, Investo and Foundation Capital, and angel investors Ross Lipson, Mike Hennessey, Brian Requarth and Javier Mata.

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Agentero Raises $13.5M in Series A Funding
Agentero Raises $13.5M in Series A Funding
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Agentero Raises $13.5M in Series A Funding

– Agentero, a digital insurance network, raised $13.5m in Series A funding.
– The round was led by Alma Mundi Ventures with participation from existing institutional investors Foundation Capital, Union Square Ventures, Financial Venture Studio, and Two Culture Capital.
– The new investment will be used to continue to expand operations and its business reach.

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Coast raised $6m in funding
Coast raised $6m in funding
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Coast raised $6m in funding

– Coast, a company that is aiming to meet the needs of the vast and vital fleets segment, raised $6m in funding.
– The round was led by Better Tomorrow Ventures and joined by Avid Ventures, Bessemer Venture Partners, BoxGroup, Colle, Foundation Capital, Greycroft, Max Levchin’s SciFi VC, and more than a dozen angels including founders of Plaid, Flexport, Marqeta, Bread, Albert, Addi, Lithic, and other fintech and logistics startups.
– Coast’s goal is to use technology to provide fleet business owners and their employees payments products that are intuitive and easy to use.

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Nowports raises $16M to build the OS for LatAm’s shipping industry
Nowports raises $16M to build the OS for LatAm’s shipping industry
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Nowports raises $16M to build the OS for LatAm’s shipping industry

– Nowports, an automated digital freight forwarder in Latin America, has raised $16m in Series A funding.
Mouro Capital led the round for the Monterrey, Mexico-based startup.
Foundation Capital also participated in the financing, which included participation from existing backers Broadhaven Ventures, InvestoVC, Monashees, Base10 Partners and Y Combinator.
– A number of angels also put money in the round, including Justo.mx founder Ricardo Weder, Carlos Salinas from Luuna and Tinder co-founder Justin Mateen.
– The investment brings Nowports’ total raised since its 2018 inception to over $24m.

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With this new $25M, Visier hopes to crunch HR numbers for many more businesses
With this new $25M, Visier hopes to crunch HR numbers for many more businesses
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With this new $25M, Visier hopes to crunch HR numbers for many more businesses

– Startup Visier announced that it has raised $25.5 million in new funding.
Adams Street Partners led the new round. Foundation Capital and Summit Partners also participated.
– The startup goes out of its way to say on its website that its software can take in data from Workday’s human resources and finance software.
– Nevertheless, publicly traded Workday could represent competition for Visier, as could companies like SAP, where Visier cofounder and chief executive John Schwarz previously worked.
– Before that, Schwarz was chief executive of business-intelligence software company Business Objects, which SAP bought in 2007.

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Tonkean Raises $50M in Series B Funding
Tonkean Raises $50M in Series B Funding
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Tonkean Raises $50M in Series B Funding

– Tonkean, a San Francisco CA-based enterprise business operations company, raised $50m in Series B funding.
– The round was led by Accel with participation from Atlassian co-CEO Scott Farquhar, former Google CEO Eric Schmidt, as well as executives from UiPath, and existing backers Lightspeed Ventures and Foundation Capital.
– The company intends to use the funds to scale up hiring to its engineering and go-to-market teams, and invest further in its no-code orchestration platform for business operations.

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Branch Insurance Raises $50M in Series B Funding
Branch Insurance Raises $50M in Series B Funding
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Branch Insurance Raises $50M in Series B Funding

– Branch Insurance from Columbus, OH provides home and auto insurance services to its customers.
– The company raised $50m in Series B funding.
– The round was led by Anthemis Group with participation from Acrew, Cherry Creek Holdings, and existing investors Greycroft, HSCM Bermuda, American Family Ventures, SignalFire, SCOR P&C Ventures, Foundation Capital, and Tower IV.
– The new investment will be aimed at accelerating the company’s rollout across the U.S. to enable more national embedded partnerships.

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Branch raises $50M to offer bundled auto & home insurance via an API
Branch raises $50M to offer bundled auto & home insurance via an API
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Branch raises $50M to offer bundled auto & home insurance via an API

– Branch Insurance, a startup offering bundled home and auto insurance, has raised $50m in a Series B funding round.
– The round was led by Anthemis Group and joined by Acrew, Cherry Creek Holdings and existing backers Greycroft, HSCM Bermuda, American Family Ventures, SignalFire, SCOR P&C Ventures, Foundation Capital and Tower IV.
– With this latest financing, Columbus, Ohio-based Branch has raised $82.5m in total funding since its 2017 inception.

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Kudos, with its cotton-based, eco-friendly diaper, soaks up $2.4 million in seed funding
Kudos, with its cotton-based, eco-friendly diaper, soaks up $2.4 million in seed funding
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Kudos, with its cotton-based, eco-friendly diaper, soaks up $2.4 million in seed funding

– Kudos, a startup that is looking to reinvent the disposable diaper with sustainability in mind, announced the close of a $2.4m seed round of financing.
– Investors include Foundation Capital, XFund, PJC, Precursor Ventures, Liquid 2 Ventures, SV Angel, Underscore VC, Alpha Bridge Ventures, April Underwood and more.
– Kudos is the first and only disposable baby diaper to earn the cotton natural seal from Cotton Inc. for having 100% cotton touching the baby’s skin instead of plastic.
– They’re also made with four times more plant-based materials than the top disposable diaper out there.

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Keeper Tax Raises $13M in Series A Funding
Keeper Tax Raises $13M in Series A Funding
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Keeper Tax Raises $13M in Series A Funding

– Keeper Tax is a San Francisco, CA-based tax filing software for gig workers, creators and freelancers.
– The company raised $13m in Series A funding.
– Backers included e.ventures, Matrix Partners, Foundation Capital, Lattice CEO and co-founder Jack Altman, Digits CEO and Crashlytics co-founder Jeff Seibert, and Segment president and co-founder Ilya Volodarsky.
– The company intends to use the funds to grow its team, including hiring people to support customers, build out its artificial intelligence capabilities to support more types of 1099 job roles, and expand its user base in the US and abroad.

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Current Raises $220M in Series D; Valued at $2.2 Billion
Current Raises $220M in Series D; Valued at $2.2 Billion
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Current Raises $220M in Series D; Valued at $2.2 Billion

– Current, a NYC-based U.S. mobile banking company, raised $220m in Series D funding in a round valuing it to $2.2b.
– New investor Andreessen Horowitz led the round bringing total funding raised to date to over $400m, with participation from returning investors Tiger Global Management, TQ Ventures, Avenir, Sapphire Ventures, Foundation Capital, Wellington Management and EXPA.
– The company intends to use the funds to expand its business reach and development efforts.

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Weav raises $4.3M to knit together a universal API for commerce platforms
Weav raises $4.3M to knit together a universal API for commerce platforms
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Weav raises $4.3M to knit together a universal API for commerce platforms

– Weav, a fintech startup, raised $4.3m in funding.
– The round was led by Foundation Capital and joined by Y Combinator, Abstract Ventures, Box Group, LocalGlobe, Operator Partners, Commerce Ventures and SV Angel.
– A slew of founders and executives also put money in the round, including Brex founders Henrique Dubugras and Pedro Franceschi; Ramp founder Karim Atiyeh; Digits founders Jeff Seibert and Wayne Chang; Hatch founder Thomson Nguyen; GoCardless founder Matt Robinson and COO Carlos Gonzalez-Cadenas; Vouch founder Sam Hodges; Plaid’s Charley Ma as well as executives from fintechs such as Square, Modern Treasury and Pagaya.
– Weav is building a universal API for commerce platforms.

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Chord Raises $18M In Series A Funding
Chord Raises $18M In Series A Funding
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Unicorn Nest news

Chord Raises $18M In Series A Funding

– Chord Raises $18M In Series A Funding
– The round was led by Eclipse Ventures, which joined a roster of existing institutional investors including Foundation Capital, WhiteStar Capital, Forerunner Ventures, Index Ventures, and Thrive Capital, as well as angel investors from the commerce world, most notably Will Gaybrick of Stripe, and the founders of D2C brands such as Allbirds, Harry’s, and Warby Parker.
– The company intends to use the funds to develop more technology and data products, as well as to continue to grow.
– Bryan Mahoney is CEO and Henry Davis is Chairman & COO.
– Leslie Lorenz is joining the company as Vice President of Data.

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DataJoy raises $6M seed to help SaaS companies track key business metrics
DataJoy raises $6M seed to help SaaS companies track key business metrics
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DataJoy raises $6M seed to help SaaS companies track key business metrics

– DataJoy, a startup, raised $6m in seed funding.
– The round was led by Foundation Capital with help from Quarry VC, Partech Partners, IGSB, Bow Capital and SVB.
– The company is still in the process of building the product and is pre-revenue.

Source
Metal 3D printing startup Mantle launches out of stealth with $13M in funding
Metal 3D printing startup Mantle launches out of stealth with $13M in funding
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Metal 3D printing startup Mantle launches out of stealth with $13M in funding

– Bay Area-based startup Mantle is focused on helping create better molds and dies for manufacturers.
– The company has raised $13m in funding from Foundation Capital, Hypertherm Ventures, Future Shape, 11.2 capital, Plug and Play Ventures and Corazon Capital.
– Mantle seeks to differentiate itself with a machine capable of removing some steps from the process.

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Trade Ledger Raises £13.5 Million in Series A Funding
Trade Ledger Raises £13.5 Million in Series A Funding
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Trade Ledger Raises £13.5 Million in Series A Funding

– Trade Ledger has raised £13.5m in Series A funding.
Point72 Ventures led the round, with Foundation Capital, who led the debt tranche closed previously, Court Lorenzini, founder of DocuSign, Hambro Perks, and other existing investors participating.
– Trade Ledger exists to enable lenders to provide credit to small and medium enterprises (SMEs), by showing them at a glance the information they need to make good decisions.
– Trade Ledger’s platform puts the customer experience at the heart of the process and expands credit distribution without increasing risk.

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