Unicorn Nest news
Privacy.com Announces $43M Series B led by Bessemer Venture Partners; Launches Card Issuing Platform and Developer Tools as Lithic
– Lithic, the card issuing platform, announced that it has raised $43m in Series B funding.
– The round was led by Bessemer Venture Partners with participation from Index Ventures, Tusk Venture Partners, Rainfall Ventures, Teamworthy Ventures and Walkabout Ventures.
– Lithic card issuing platform was released nine months ago under the Privacy.com brand, with the mission to make it simple for developers to programmatically create virtual and physical payment cards.
– Lithic is rebranding to Lithic and using the new capital to double down on development of the card issuing platform. Privacy.com, the consumer product, continues to be a leading virtual card service dedicated to making payments safer and easier online, and is now officially powered by the Lithic card issuing platform.
Unicorn Nest news
Wheel Raises $50 Million Series B to Build the Next Generation of Virtual Care
– Wheel, the health tech company making virtual care work for everyone, announced a $50m Series B investment led by Lightspeed Ventures with participation from existing investors CRV, Silverton Partners, Tusk Venture Partners, and J.P. Morgan.
– New investors including Tony Fadell’s Future Shape also participated in the round.
– Wheel has raised $66m in total and will use the funding to further invest in its technology and clinician networks, soon delivering care to millions of patients in seconds.
Unicorn Nest news
Natural Way Food Group Closes $1M Equity Funding
– Natural Way Food Group from Fayetteville, Ark. raised $1m in equity funding.
– The round was led by Tusk Private Investment, a private investment firm with offices in Dallas and Northwest Arkansas focused on investing in and supporting top-tier operators in high-growth businesses.
– The company intends to use the funds to accelerate growth.