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TomoCredit Raises $10 Million in Series A Funding to Help Build Credit for First Time Borrowers
TomoCredit Raises $10 Million in Series A Funding to Help Build Credit for First Time Borrowers
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TomoCredit Raises $10 Million in Series A Funding to Help Build Credit for First Time Borrowers

– TomoCredit, a fintech company offering a credit card focused on building a credit history for first-time borrowers, announced a $10 million Series A funding round led by Kapor Capital and KB Investment, a subsidiary of South Korea’s leading consumer bank.
– The company also appointed Ash Gupta, former CRO at American Express, to the board.

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emocha Closes $6.2M Series A Funding Round Led by Claritas Health Ventures
emocha Closes $6.2M Series A Funding Round Led by Claritas Health Ventures
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emocha Closes $6.2M Series A Funding Round Led by Claritas Health Ventures

– emocha Health, a digital health company which radically improves medication adherence amongst patients with chronic and infectious diseases, today announced the closing of a $6.2 million Series A funding round.
– The financing was led by Claritas Health Ventures and includes participation from Healthworx, the innovation and investment arm of CareFirst BlueCross BlueShield, Kapor Capital, and PTX Capital.
– emocha is the first company to comprehensively digitize the CDC-endorsed practice of Directly Observed Therapy — the gold standard for medication adherence, using a combination of two-way asynchronous video technology and human engagement powered by artificial intelligence.
– emocha is tackling one of the biggest unsolved challenges in healthcare – medication non-adherence, which results in $300 billion a year in preventable hospitalizations.

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Upsie Raises $18.2M in Series A Funding
Upsie Raises $18.2M in Series A Funding
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Upsie Raises $18.2M in Series A Funding

– Upsie is a St. Paul, Minn.-based consumer-centric platform for purchasing product warranties.
– Company raised $18.2m in Series A funding.
– The round was led by True Ventures with participation from Concrete Rose VC, Avanta Ventures, Kapor Capital, Samsung Next, Massive, Backstage Capital, Awesome People Ventures, Draft Ventures, Matchstick Ventures, M25, Silicon Valley Bank, Bread & Butter Ventures, Ordinary Ventures, Diverse Angels, Imagination Capital, Uncommon VC, Marc Belton, Daren Cotter (Founder and CEO of InboxDollars), George Azih (Founder and CEO of LeaseQuery), Richard Parsons, Anton Vincent, Sri Pangulur, Damon DiVito, Jon and Lottie Rezneck, etc.
– The company will use the funds to hire, increase customer awareness and continue building its warranty product offerings and verticals.

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CareCar Raises $3M in Seed Funding
CareCar Raises $3M in Seed Funding
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CareCar Raises $3M in Seed Funding

– CareCar, a Denver, CO-based tech-enabled benefit manager and value-based healthcare services platform, closed a $3m seed funding round.
– The round was led by Kapor Capital and Impact America Fund, with participation from Concrete Rose.
– The company plans to use the funds to accelerate its growth into new markets, with a focus on expanding its services in the senior homecare sector.

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Higher Ground Education Raises $30M Series D; Acquires FreshGrade
Higher Ground Education Raises $30M Series D; Acquires FreshGrade
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Higher Ground Education Raises $30M Series D; Acquires FreshGrade

– Higher Ground Education, Inc. from Lake Forest, CA, raised $30M USD in Series D funding and acquired Kelowna, British Columbia digital portfolio and assessment platform provider FreshGrade.
– The round was led by Learn Capital and attracted new investor Kapor Capital as well as existing investors, including the Chan Zuckerberg Initiative.
– The company intends to use the funds to make continued investments in curriculum development, training, technology, and global growth.
– Higher Ground Education operates Guidepost Montessori, a network of Montessori schools with over 80 locations across the US and China.

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Ethic Closes $29M Series B Round to Power Personalization for Wealth Advisors
Ethic Closes $29M Series B Round to Power Personalization for Wealth Advisors
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Ethic Closes $29M Series B Round to Power Personalization for Wealth Advisors

– Ethic Inc. (“Ethic”), the tech-driven asset management platform that powers personalization for advisors, today announced that it has closed $29 million in Series B funding.
– The round was led by Oak HC/FT, with participation from existing investors including Fidelity Investments, Nyca Partners, Sound Ventures, ThirdStream Partners, Urban Innovation Fund and Kapor Capital.
– This new capital will support Ethic’s continued rapid growth, in addition to further investment in the company’s technology platform.
– The funding follows a strong period of growth for Ethic, which saw the company increase the number of assets on its platform by over 10x since its prior round of funding in 2019.

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ChargerHelp raises $2.75M to keep EV chargers working
ChargerHelp raises $2.75M to keep EV chargers working
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ChargerHelp raises $2.75M to keep EV chargers working

– ChargerHelp, an on-demand repair app for electric vehicle charging stations, raised $2.75m funding.
– The round was led by Trucks VC, Kapor Capital, JFF, Energy Impact Partners and The Fund.
– It brings ChargerHelp to a valuation of $11m post-money.

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Bitwise Industries Raises $50M in Funding
Bitwise Industries Raises $50M in Funding
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Bitwise Industries Raises $50M in Funding

– Bitwise Industries is a tech apprenticeship provider based in Fresno, California.
– The company raised $50m in series B funding.
– The round was led by Kapor Capital with participation from JPMorgan Chase, Motley Fool Ventures, ProMedica, Candide Group, GingerBread Capital, Hunt Capital Investments, Impact Assets, Libra Foundation, Plum Alley and Western Technology Investment.
– The new investment will help the company to grow into multiple new markets across the country beginning with Toledo, Ohio.

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BlocPower Raises $63 Million Series A to Green Urban Buildings and Creates Innovative Financing Solution Alongside the Goldman Sachs Urban Investment Group
BlocPower Raises $63 Million Series A to Green Urban Buildings and Creates Innovative Financing Solution Alongside the Goldman Sachs Urban Investment Group
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Unicorn Nest news

BlocPower Raises $63 Million Series A to Green Urban Buildings and Creates Innovative Financing Solution Alongside the Goldman Sachs Urban Investment Group

– BlocPower announced a $63m Series A round.
– The round was led by American Family Insurance Institute for Corporate and Social Impact, AccelR8 and The Goldman Sachs Urban Investment Group.
– To date, the company has raised $68m from early anchor investors, including Kapor Capital, Andreessen Horowitz, MaC Venture Capital, Exelon, New York Ventures of the Empire State Development Corporation, Echoing Green, and The Schmidt Family Foundation.
– The funding will enable BlocPower to expand and scale its inner-city energy retrofit projects across the U.S., create green jobs, improve quality of life for urban residents and save the planet.
– The company will soon offer Environmental Justice Impact Green Bonds to other institutional investors to help finance BlocPower’s future green retrofit projects.

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