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Workflow automation startup Daylight lands $12.3M
Workflow automation startup Daylight lands $12.3M
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Unicorn Nest news

Workflow automation startup Daylight lands $12.3M

– Toronto, Canada-based Daylight, formerly FormHero, announced it has raised $12.3 million in a series A round led by RTP Global, Bessemer Venture Partners with participation from Golden Ventures.
– The company says the funds, which bring its total raised to $14.56 million, will be used to support go-to-market activities and expand the capabilities of its automation platform.
– A growing number of businesses are investing in tech-powered solutions to minimize repetitive office processes. In a 2020 McKinsey survey, 66% of enterprises said they were piloting platforms to automate at least one business process. And in a survey conducted by ServiceNow, 86% of respondents said that by 2020 their organizations would require intelligent automation to keep up with business requirements.

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CruxOCM Raises $9M Total in Venture Financing; Latest Led by Bullpen Capital
CruxOCM Raises $9M Total in Venture Financing; Latest Led by Bullpen Capital
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CruxOCM Raises $9M Total in Venture Financing; Latest Led by Bullpen Capital

– CruxOCM is the pioneer of robotic industrial process automation (RIPA™) for control room operations.
– The company has raised $6M in venture financing to fuel growth.
– The recent round was led by Bullpen Capital, with participation from Angular Ventures, Root Ventures, Golden Ventures, Cendana Capital and Industry Ventures.
– The capital will be used to grow the company’s product lines, increase the efficiency of its installation process, and continue expanding its team across North America.

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Notch Raises $10M in Funding
Notch Raises $10M in Funding
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Notch Raises $10M in Funding

– Notch is a Toronto, Canada-based provider of online restaurant supply chain software solution.
– The company raised $10M in funding.
– The round was led by Accomplice and BDC with participation from MATH Venture Partners, Golden Ventures, The Yield Lab, Garage Capital, Plexo Capital, Agman, Mark MacLeod, Paul Genier, Shannon Lambert, and Jean Genier.
– The new investment will be used to accelerate growth and development of the company’s solution for restaurant chains and food brands.

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ResQ raises $7.5 million to make back of the house top of mind
ResQ raises $7.5 million to make back of the house top of mind
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ResQ raises $7.5 million to make back of the house top of mind

– ResQ, a startup that helps restaurants repair and service their equipment through contractor work, raised $7.5m funding.
– The round was led by Homebrew, Golden Ventures and Inovia Capital.
– Participating angel investors include Nilam Ganenthiran, president at Instacart; Gokul Rajaram, DoorDash executive and board member of Pinterest and Coinbase; as well as customers, including Soul Foods, a global franchisee of Yum! Brands.
– ResQ has now raised $9m in known venture capital to date.
– The capital will primarily help ResQ double or triple its 60-person team across engineering, sales and operation roles.
– The company will also earmark money toward launching in new markets, building atop its current presence in San Francisco, LA, Dallas, Chicago and Phoenix.

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SkyWatch Space Applications Raises $17.2M in Series B Funding
SkyWatch Space Applications Raises $17.2M in Series B Funding
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SkyWatch Space Applications Raises $17.2M in Series B Funding

– SkyWatch is a space technology startup based in Waterloo, Canada.
– The company raised $17.2M in Series B funding.
– The round was led by Drive Capital with participation from existing investors Bullpen Capital, Space Capital, Golden Ventures, and BDC Ventures.
– The new investment will be used to expand operations, growth and business reach.

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Canadian Space Technology Startup SkyWatch Raises $17.2M to Democratize Satellite Data
Canadian Space Technology Startup SkyWatch Raises $17.2M to Democratize Satellite Data
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Canadian Space Technology Startup SkyWatch Raises $17.2M to Democratize Satellite Data

– SkyWatch Space Applications Inc. (“SkyWatch”), a Waterloo-based space technology startup, announced today the completion of a $17.2M USD Series B round of financing to further democratize access to Earth observation data.
Drive Capital led the investment round with participation from existing investors Bullpen Capital, Space Capital, Golden Ventures, and BDC Ventures.
– The Series B financing builds on an exceptional first half of 2021 for SkyWatch, which is seeing revenue growth in excess of 450% over the same period last year, highlighting the appetite for Earth observation data from the private sector.

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Underground Cellar Secures $12.5M Series A as Their Millionth Bottle of Wine Is Sold
Underground Cellar Secures $12.5M Series A as Their Millionth Bottle of Wine Is Sold
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Underground Cellar Secures $12.5M Series A as Their Millionth Bottle of Wine Is Sold

– Underground Cellar has raised $12.5M to complete its Series A.
– The round was led by Accomplice with participation from Golden Ventures and Bling Capital.
– Underground Cellar is the ultimate community marketplace for wine lovers that rewards consumers with free upgrades to rare and private-stash bottles from prestigious wineries across the nation through its innovative upgrade model and AI algorithms.
– Underground Cellar has reinvented the wine industry with its innovative “gamification” technology integrated at the core of the platform, allowing customers to rely on the company’s panel of leading wine experts to curate collections of wines together by varietal, theme, or region.

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Medchart Raises $17M to Meet Demand for Frictionless Digital Business Practices Across North America
Medchart Raises $17M to Meet Demand for Frictionless Digital Business Practices Across North America
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Medchart Raises $17M to Meet Demand for Frictionless Digital Business Practices Across North America

– Medchart announced that it has raised $17M in Seed and Series A funding led by Crosslink Capital and Golden Ventures, with additional funds from Vast Ventures, Union Ventures, iGan Partners, Stanford Law School, and Nas, an original backer.
– The company will apply the current investment to accelerate product innovation and hire new talent to meet the widespread demand for businesses to get patient-authorized health information.
– Medchart squarely addresses one of the slowest, most tedious, and fractured processes: getting patient health records for common business tasks.
– Medchart lets businesses easily, securely, and cost-effectively access and exchange patient-authorized digital health information for everything from life sciences real-world evidence or insurance underwriting to legal claims.

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Swyft raises $17.5 million to bring same-day delivery to all the retailers that aren’t Amazon
Swyft raises $17.5 million to bring same-day delivery to all the retailers that aren’t Amazon
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Swyft raises $17.5 million to bring same-day delivery to all the retailers that aren’t Amazon

– Swyft, a company that has just raised $17.5m in Series A, helps retailers of any size provide affordable same-day delivery.
– The round was co-led by Inovia Capital and Forerunner Ventures, with participation from Shopify and existing investors Golden Ventures and Trucks VC.
– Swyft is a marketplace, connecting a network of shipping carriers with vendors.
– The company provides software to those carriers to make them more efficient, and turns them into a vast network that allows them to pick up more inventory without adding to their infrastructure.
– To date, major players in both shipping and retail have dominated this space, thanks in large part to their ability to deliver quickly.

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Gwyneth Paltrow invests in The Expert, a video marketplace for high-end interior designers
Gwyneth Paltrow invests in The Expert, a video marketplace for high-end interior designers
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Gwyneth Paltrow invests in The Expert, a video marketplace for high-end interior designers

– The Expert, a platform for video consultations with interior designers, has raised $3m seed funding.
– The round was led by Forerunner Ventures and joined by Sweet Capital, Promus Ventures, Golden Ventures, Jeffrey Katzenberg’s WndrCo, AD 100 designer Brigette Romanek and CEO/founder of goop, Gwyneth Paltrow.
– The Expert offers 1:1 video consultations with leading interior designers.
– The founders consist of Jake Arnold, a celebrity interior designer (who has worked with John Legend, Rashida Jones and Cameron Diaz among, others) and YC-alumni, Leo Seigal, who previously founded and sold Represent.com to CustomInk for $100 million in 2015.

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Alyce Raises $30M in Series B Funding
Alyce Raises $30M in Series B Funding
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Alyce Raises $30M in Series B Funding

– Alyce is a Boston, MA-based provider of a Personal Experience (PX) platform.
– Company raised $30m in Series B funding.
– The round was led by General Catalyst with participation from incumbent investors Manifest, Morningside, Boston Seed Capital, Golden Ventures, and Victress Capital.
– In conjunction with the funding, General Catalyst‘s Executive-in-Residence Lou Shipley joined Alyce’s board and Managing Partner Larry Bohn will become a board observer.
– The company intends to use the funds to accelerate growth through R&D, hiring, increased sales and customer support.

Disco Closes $4.75M Funding Round
Disco Closes $4.75M Funding Round
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Disco Closes $4.75M Funding Round

– Disco, a Toronto, Canada-based live learning platform for creators, closed a $4.75m funding round.
– The round was led by Quiet Capital, Golden Ventures, inovia, and GSV (investors in Masterclass, Coursera).
– Influencers from the learning space, creator economy and community platforms are also investing.
– The company intends to use the funds to expand operations and development efforts to bring the product to market.

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Arteria AI Raises $11M in Series A Funding
Arteria AI Raises $11M in Series A Funding
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Arteria AI Raises $11M in Series A Funding

– Arteria AI is a global leader in enterprise digital contracting.
– The company raised $11m in Series A funding.
– The round was led by Information Venture Partners and Illuminate Financial Management with participation from Golden Ventures and StandUp Ventures.
– The new investment will be used to scale its technology.

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Forma.ai Raises $10M in Series A Funding
Forma.ai Raises $10M in Series A Funding
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Unicorn Nest news

Forma.ai Raises $10M in Series A Funding

– Forma.ai, a Toronto, Canada-based data science powered sales performance company, raised $10m in Series A funding.
– The round was led by Crosslink Capital with participation from Golden Ventures, Panache Ventures, Uncork Capital, and Xfund.
– The new investment will be used to scale the company’s engineering teams and expand its business reach across the mid-market and enterprise segment.

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Snack Raises $3.5M in Pre-Seed Funding
Snack Raises $3.5M in Pre-Seed Funding
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Unicorn Nest news

Snack Raises $3.5M in Pre-Seed Funding

– Snack is a video-first dating app.
– Company raised $3.5m in pre-seed funding.
– The round was co-led by Kindred Ventures and Coelius Capital, with participation from Golden Ventures, Garage Capital, Panache Ventures and N49P Ventures.

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