Unicorn Nest news
Toolio bags $8M in new funding to keep your retail shop fully stocked with the right products
– Toolio, a cloud-based merchandising and inventory planning software, raised $8m in Series A funding.
– The round was led by Jump Capital and joined by Rho Capital’s Ignition Fund and existing investors like Founder Collective, Notation Capital and Max Ventures.
– The latest funding gives Toolio a total of $10.3m raised since the company was founded in 2019.
Unicorn Nest news
Osano, a data compliance platform, raises $11M
– Osano, a data privacy platform that helps websites become compliant with international regulations, announced that it closed a $11 million funding round led by Jump Capital, bringing its total raised to $22.3 million.
– The company says that the money will be used to support international expansion as well as hire additional sales, marketing, and engineering staff.
– Compliance remains a major challenge for enterprises. Businesses in the U.S. on average spent $10,000 per employee on regulatory costs, according to a report from the Competitive Enterprise Institute. Moreover, one whitepaper found that spending on incident response has almost doubled since 2011 as organizations aim to combat a record number of data breaches.
Unicorn Nest news
Foretellix Closes $32M Series B Funding Round For Ensuring The Safe And Efficient Deployment Of Automated Driving Systems
– Foretellix announced a $32m Series B funding round, bringing its total raised capital to over $50m.
– The round was led by MoreTech Ventures with participation from several strategic investors, including Volvo Group Venture Capital, Nationwide and Japan-Israel High Tech Ventures. In addition, all series A investors, including 83North Ventures, Jump Capital, OurCrowd and NextGear participated in this new investment round.
– Foretellix was founded in 2018 by a team of verification and validation pioneers with a mission to make automated driving systems safe and efficient.
Unicorn Nest news
Teikametrics Raises $40M Series B to Expand AI-powered Optimization Platform for Sellers
– Teikametrics, the leading optimization platform for sellers on Amazon and Walmart, announced the completion of a $40m Series B round led by Intel Capital, one of the world’s top investors in AI technology.
– GoDaddy, the company that empowers everyday entrepreneurs, participated in the round as well as Centana Growth Partners and Lydia Jett, Head of ecommerce at Softbank Vision Fund as an individual strategic investor.
– Existing investors Jump Capital and Granite Point Capital also joined in the round.
– The new funding will drive the expansion of Teikametrics’ AI-powered SaaS platform, Flywheel 2.0, and support the ecommerce pioneer’s mission to bring cutting-edge decision-making capabilities to every online seller in the world.
Unicorn Nest news
Taikametrics Raises $40M in Series B Funding
– Taikametrics is a Boston MA-based platform for sellers on Amazon and Walmart.
– The company raised $40M in Series B funding.
– The round was led by Intel Capital with participation from GoDaddy, Centana Growth Partners, Lydia Jett, Jump Capital and Granite Point Capital.
– The new investment will be used for the expansion of its AI-powered SaaS platform, Flywheel 2.0, and bring decision-making capabilities to online sellers globally.
Unicorn Nest news
TRM Labs Raises $14 Million Series A Funding Round
– TRM Labs closed a $14m Series A funding round.
– The round was led by Bessemer Venture Partners, with participation from PayPal Ventures, Initialized Capital, Jump Capital, Salesforce Ventures, Operator Partners, Blockchain Capital, and executives from Google.
– TRM Labs’ platform integrates with more than a dozen blockchains, and analyzes billions of virtual asset transactions to detect in real-time signs of fraud and financial crime like money laundering.
– TRM Labs drove 600% revenue growth in the last year and has doubled headcount.
Unicorn Nest news
AcreTrader Raises $12M Series A Funding to Modernize Farmland Transactions
– AcreTrader announced it has raised a $12m Series A funding round.
– The round was led by Jump Capital and includes participation from the company’s executive leadership, Narya Capital, Revolution’s Rise of the Rest Seed Fund, and existing investors RZC Investments and Revel Partners.
– AcreTrader is providing easy access for individuals and institutions to invest in land and partner with leading farmers, allowing individuals to purchase shares of farmland in a matter of minutes online.
– AcreTrader enables investors to create passive income streams and assists farmers in accessing and developing farmland across thousands of acres.