– Spenmo, a Singapore-based provider of payments software for growing businesses, raised a US$34M Series A funding.
– The round was led by New York-based private equity and venture capital firm Insight Partners with participation from Lee Fixel’s Addition, Salesforce Ventures, Alpha JWC, Global Founders’ Capital, Broadhaven, Operator Partners and Commerce Ventures, and angel investors such as William Hockey (Founder of Plaid), Reuben Lai (Senior MD, Grab Financial Group) and Ongki Kurniawan (Head of Stripe Indonesia, Ex-Head of Grab Indonesia).
– After its launch in Singapore last year, Spenmo has since expanded across Southeast Asia and has thousands of customers from various sectors, including high-growth startups, SMBs, mid-market companies, and accounting firms.

– 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.

– Bzaar, a business-to-business cross-border marketplace, is connecting retailers with over 50 export-ready manufacturers in India.
– The U.S.-based company announced that it raised $4m in seed funding, led by Canaan Partners, and including angel investors Flipkart co-founder Binny Bansal, PhonePe founders Sameer Nigam and Rahul Chari, Addition founder Lee Fixel and Helion Ventures co-founder Ashish Gupta.
– Nishant Verman and Prasanth Nair co-founded Bzaar in 2020 and consider their company to be like a “fair without borders,” Verman put it.

– musicube is a Hamburg, Germany-based provider of advanced artificial intelligence (AI) solutions for the music industry.
– The company raised $560k in funding.
– The round was led by Holger Hübner, co-founder of the Wacken Open Air, one of the world’s largest Metal festivals.
– The new investment will be used to expand into the U.S. market and deliver scalable solutions for the music streaming market.

– Sendoso, a gifting platform, raised $100m funding.
– The round was led by SoftBank via its Vision Fund 2.
– Previous investors Oak HC/FT, Struck Capital, Stage 2 Capital, Craft Ventures, Signia Venture Partners and Felicis Ventures also participated.
– The company has more than 20,000 businesses signed up and using its services.

– Melio, a leading B2B payments platform for small businesses, today announced it has raised an additional $250m, tripling the company’s valuation to $4bn since January 2021.
– The Series D round, which comes as the company grew its monthly processing volumes by 5,000% over the last 18 months, was co-led by new investor Thrive Capital of New York, along with existing investor General Catalyst. U.S. investment firm Tiger Global Management also invested in the round, along with existing investors Accel, Bessemer, Coatue, Corner Ventures, and Latitude.
– The capital raised will accelerate the company’s expansion through partnerships with leading financial institutions, software providers, and marketplaces interested in enabling B2B payments for their customers.

– Five Sigma, an industry leading claims platform provider, has raised $12M in a Series A round led by 83North and featuring existing investors F2 Venture Capital and Pipeline Capital.
– New investors include Eyal Ofer’s O.G. Tech, Xceedance and iGlobe Partners.
– This brings the company’s total funding to date to $18M.
– Five Sigma delivers a cloud-native, data-driven claims management platform with embedded AI/ML capabilities that enables insurance firms to handle customers’ claims better and faster.
– The insurance space is going through major changes with new products, new and evolving business and risk models, and new consumer expectations.
– Five Sigma’s approach to claims management process and claims data addresses these rapid changes and new requirements.

– Factorial, a Barcelona-based HR software company that streamlines people management, has closed an $80m Series B funding round led by Tiger Global Management, with participation from previous investors CRV, Creandum, Point Nine, K Fund, and Columbia Lake Partners bringing the total funding amount to $100m.
– Factorial, which serves thousands of clients in more than 65 countries, has been ranked among the Top 10 most promising startups in Europe. With the new funds, Factorial will expand to new markets, opening offices in the USA and Brazil.

– Trengo is the Dutch omnichannel communications platform.
– The company announced raising $36m in a Series A funding.
– The funding was led by Insight Partners and Peak.
– Trengo is aimed to accelerate international expansion, attracting talent and fueling further development of the technology-driven omnichannel communication platform.

– Code Climate announced $50M in Series C funding.
– The round was led by PSG and joined by previous investors Union Square Ventures, Foundry Group, Lerer Hippeau Ventures, and NextView Ventures.
– Code Climate’s Engineering Intelligence products are trusted by over 1,000 companies from start-ups to enterprises.
– Code Climate experienced continued strong growth, more than doubled its headcount, and brought on an experienced executive leadership team.
– Funding will help Code Climate advance its product vision, extend its sales reach, and scale customer success – furthering its mission of helping engineering align activities with strategic priorities, deliver high quality software, and improve team performance.

– Trade X Group of Companies Inc. is a B2B automotive trading platform.
– Canadian company raised $10M in equity funding.
– The round was led by EchoVC, Frontier Ventures, and Ugrowth.
– The company intends to use the funds for acquisitions and global expansion across North America, Europe, Asia, Africa, and the Middle East.

– Slope Software is an insurtech startup based in Atlanta, GA.
– The company raised $2.0m in funding.
– The round was led by Tech Square Ventures, with participation from Alerion Ventures and Charlotte Angel Fund, and existing investor Cofounders Capital.
– The new investment will be used to expand operations and the company’s business reach.

– Balance is a San Francisco, CA-based payments experience platform for B2B eCommerce.
– Company raised $25m in Series A funding.
– The round was led by Ribbit Capital, with participation from Avid Ventures as well as existing investors Lightspeed Ventures, Stripe, Y Combinator Continuity Fund, SciFi VC and UpWest, and individuals Jacqueline Reses (formerly Head of Square Capital) as well as additional early employees and executives from Square, Plaid, Coinbase, Stripe, and PayPal.
– The new investment will be aimed at expanding the company’s business reach.

– MaxAB, the Egyptian B2B e-commerce platform, raised $15m in Series A extension.
– The round was led by existing investors RMBV, IFC, Flourish Ventures, Crystal Stream Capital, Rise Capital, Endeavour Catalyst, Beco Capital and 4DX Ventures.
– The company plans to launch new product offerings and grow its team.
– It also acquired WaystoCap, a Moroccan B2B e-commerce and distribution platform.

– Felux is a B2B marketplace and supply chain platform for the steel and industrial industry.
– Company raised $5.1m in seed funding.
– The round was led by Expa, with participation from 8VC and Lightbank.
– The new investment will be used to continue expanding operations and business reach.

– Brazilian digital lender Cora raised $116m in Series B funding.
– The round was led by Greenoaks Capital and joined by Tiger Global and Tencent.
– Existing backers Kaszek, QED and Ribbit Capital also participated.
– The company declined to comment on valuation.

– WherEX is a Santiago, Chile-based e-sourcing company.
– The company raised $7M in Series A funding.
– The round was led by Kayyak Ventures with participation from FJ Labs, Jaguar Ventures and Tuesday Capital.
– The new investment will be aimed at expanding to LatAm and the US market.

– GrowthGenius, an all-in-one sales automation platform, announced the close of a C$2.3M investment round led by FirePower Capital’s private equity arm.
– The new funding, which will be a mix of term debt and equity, aims to accelerate the nearly 200% annualized revenue growth since the beginning of the year.
– GrowthGenius was founded in 2016 to help companies automate sales prospecting so that the people at those companies could focus on more valuable work.
– GrowthGenius operated for 3 years as a tech-backed sales agency before launching its sales prospecting automation software publicly in 2020.
– “GrowthGenius combines the power of sales automation technology with the insights and perspective of sales consultants to provide a highly effective offering,” said the founders.

– Odiggo, an auto tech startup, secured a $2.2m seed round.
– The round was led by Y Combinator, 500 Startups, and Plug and Play Ventures.
– Regional VCs like Seedra Ventures, LoftyInc Capital, and Essa Al-Saleh (CEO of Volta-Tucks) also took part.

– Eloops is a Tel Aviv, Israel-based HR-Tech startup.
– Company raised $2m in seed funding.
– The company intends to use the funds to continue to expand operations and its business reach.
– The platform encourages more interaction between employees and between employees and the organization, on topics not only related to work performance.

– Zetwerk, a B2B marketplace for manufacturing items, raised $150m in Series E funding.
– The round was led by D1 Capital Partners and joined by new investors Avenir and IIFL, and existing investors Greenoaks Capital, Lightspeed Venture Partners, Sequoia Capital and Accel Partners.
– The company plans to deploy the fresh capital to broaden its technology stack and expand to more international markets.

– Alerzo, a B2B e-commerce retail startup, raised $10.5m in Series A funding.
– The round was led by Nosara Capital and joined by FJ Labs and several family offices from the U.S., Europe and Asia.
– The company has raised more than $20m since its launch.

– Enable, a San Francisco, CA-based cloud-based software solution for B2B rebate management, raised $45m in Series B funding.
– The round was led by Norwest Venture Partners with participation from previous investors Menlo Ventures and Sierra Ventures, along with several angel investors.
– The new investment will be used to continue to expand operations and its business reach.

– Kronologic, which is developing what it describes as a “calendar monetization” platform, announced that it secured additional seed funding from Signal Peak Ventures, Silverton Partners, Next Coast Ventures, and Geekdom Fund, bringing its total raised to $20 million.
– Cofounder and CEO Trey Allison says that the proceeds will be put toward supporting customer growth and enhancing the platform’s features and AI capabilities.
– In an age of digital sales, the “last-mile problem” refers to a failure to convert leads to sales appointments. One survey found that it takes an average of 18 calls to actually connect with a buyer. Another estimates that 60% of customers say no four times before agreeing to make a purchase.

– ByondXR from Tel Aviv develops a platform that creates virtual showrooms and stores for beauty, fashion and home decor brands using extended reality.
– The company raised $7M in seed funding.
– The round was led by Firstime and OurCrowd, with participation from angel investor Peter Chu, founder and former CEO of XR platform HTC.
– The new investment will be aimed at expanding customer success and research and development.

– Yaydoo, a B2B software and payments company, raised $20.4m in Series A funding.
– The round was led by Base10 Partners and monashees, and joined by SoftBank’s Latin America Fund and Leap Global Partners.
– The company has raised $21.5m in total.

– Nektar.ai from Bengaluru, India and Singapore raised US$8.1M in seed funding.
– The round was led by B Capital Group, 3One4 Capital, and Nexus Venture Partners with participation from Amit Midha, Ritesh Agarwal, Kevin Merritt, Evan Davidson, Deep Nishar, and Tom Donlea.
– The new investment will be used to accelerate product development and hire talent for its core team across product, engineering, and GTM functions.

– Freight forwarder Freightify raised $2.5m in pre-Series A funding.
– The round was led by Nordic Eye Venture Capital, with participation from Tradeworks VC, Venture Catalysts, 9Unicorns and Blume Funders Fund.
– The company plans to use the funding to expand into the United States and Europe.

– Paystone, a leading payments and integrated software company, secures a $30m investment from Crédit Mutuel Equity, the private equity arm of Crédit Mutuel Alliance Fédérale, one of France’s leading financial institutions.
– The funds will support Paystone’s ambitious growth strategy and further propel its best-in-class electronic payments and customer engagement technology platform.
– Paystone gives businesses the ability to win more customers and drive growth through a fully integrated technology platform, which continues to generate a significant amount of interest in the market with an emphasis on service-oriented verticals.

– Paystand, the blockchain-enabled payment network for business, announced its $50 million Series C round of funding led by NewView Capital with participation from SoftBank’s Opportunity Fund, King River Capital, Industrious Ventures, and Transform Capital.
– This new round nearly doubles the funding Paystand raised in prior rounds and reflects the company’s triple-digit growth as it leads the movement for an open commercial finance system.
– Paystand will use this new capital to invest in redefining B2B payments to accelerate the shift to a more business-centric payment infrastructure.
– With the funding, Jazmin Medina of NewView Capital will join the board.

– GudangAda, a Jakarta-based marketplace that brings wholesalers closer to retail stores and other buyers, announced it has closed a Series B of more than $100 million.
– The company says the round was oversubscribed, passing its initial target of $75 million.
– The funding was led by Asia Partners and Falcon Edge, with participation from Sequoia Capital India, Alpha JWC and Wavemaker Partners.
– This brings GudangAda’s total raised so far to about $135 million.
– Its last funding was a $25.4 million Series A last year, led by Sequoia Capital India and Alpha JWC.
– Founded in January 2019, GudangAda is now used by half a million SMEs and covers 500 cities in Indonesia.

– Oktopost, a social media marketing platform for B2B companies, raised $20m in growth funding.
– The round was led by London-based growth equity firm Expedition Growth Capital.
– The company plans to use the funding to advance its product roadmap, boost customer success, accelerate marketing and sales, and explore strategic acquisitions — as well as grow its workforce by 50%.
– Oktopost’s schtick is that it is an enterprise-grade platform for B2B marketers to curate content, organize, and manage campaigns for corporate social media accounts, employee advocacy and social selling.

– FloQast, an accounting collaboration, automation, and close-management platform, has raised $110 million in a series D round of funding at a $1.2 billion valuation.
– The round was led by Meritech Capital, with participation from Insight Partners, Redpoint Ventures, Sapphire Ventures, Coupa Ventures, Polaris Partners, and Norwest Venture Partners.
– Financial close management is the business process of checking and adjusting account balances at the end of each month or other predefined period to publish compliant financial reports for regulators, managers, shareholders, or any other stakeholder that needs to know a company’s current financial position.

– Spendesk is a Paris, France-based spend management platform for finance teams.
– The company raised €100M in Series C funding.
– The round was led by General Atlantic with participation from previous investors Index Ventures and Eight Roads Ventures.
– The new funding will be used to hire talent, accelerate product innovation, and expand in Europe.

– Vitally from Brooklyn, NY provides a Customer Success platform to B2B SaaS companies.
– Company raised $9M in Series A funding.
– The round was led by Andreessen Horowitz and David Ulevitch will be joining the Vitally board.
– The new investment will be used to expand operations and its marketing and product development efforts.

– E-commerce company Fabric just landed a $100m investment to help retailers sell their products online.
– The funding comes just five months after Fabric raised a $43m Series A round.
– The 4-year-old company said revenue has grown more than 800% year-over-year as the pandemic has accelerated e-commerce adoption.
– It now employs 161 people, up 400% since February.
– The Series B round values Fabric at $850m, according to Bloomberg, up from a $193m valuation in February.
– Fabric is quickly inching toward unicorn status, on the verge of joining a growing list of privately held tech startups in the Seattle region valued above $1bn.

– Climate X is a London UK-based climate Intelligence startup.
– The company raised $1.5m in funding.
– The round was led by Pale Blue Dot, with participation from Blue Wire Capital, A100x and Possibilian.
– The new investment will be used to expand operations, accelerate growth and its business reach.

– Singapore-based startup Tinvio raised $12m in Series A funding.
– The round was led by AppWorks Ventures, with participation from strategic investor MUFG Innovation Partners, a venture capital firm for collaborations between startups and Mitsubishi UFJ Financial Group.
– All of Tinvio’s existing investors — Sequoia Capital India’s Surge, Global Founders Capital and Partech Ventures — also returned for its Series A, which brings Tinvio’s total raised to $18.5 million.
– Tinvio’s last funding announcement was a $5.5 million seed round in April 2020.

– Acelab, a NYC-based digital marketplace connecting architects and manufacturers of building products, raised $3.5M in seed funding.
– The round was led by Pillar VC with participation from Alpaca (formerly Corigin), Draper Associates, Transcend Partners, MIT MET Fund, and Erik Jarnryd.
– Led by Dries Carmeliet and Vardhan Mehta, Acelab provides a building products marketplace that connects architects and manufacturers.

– FreshRealm, a Ventura CA-based fresh meals solution company, raised $32M in funding.
– The backers participating in the round were not disclosed.
– The company will use the capital to bolster its facilities, product and infrastructure to accelerate the rollout of national fresh meals destinations in retail grocery.

– Allozymes is a company that aims to change the way enzymes are discovered.
– The company raised $5m in seed funding.
– The round was led by Xora Innovation, with participation from HAX, Entrepreneur First and TI Platform Management.
– The company plans to incorporate in the U.S. following interest from American venture firms.

– GearFlow, a Chicago IL-based provider of GearFlow.com, an online parts marketplace built for the construction industry, raised $3M in seed funding.
– The round was led by Watchfire Ventures, with participation from Newark Venture Partners, Liquid2 Ventures, Path Ventures, and Harvard Business School Angels. CNH Industrial is also partnering as a strategic investor to equip its existing dealer ecosystem with Gearflow’s marketplace platform.
– The company intends to use the funds to expand operations and its business reach.

– Arrows, a Los Angeles CA-based customer onboarding tool company, raised $2.75m in seed funding.
– The round was led by Gradient Ventures with participation from Jeff Lawson, Justyn Howard and Ryan Barretto, Jason Goldman, Glenn Otis Brown, Jeetu Patel, Mike Park, Soleio Cuervo and AngelList Roll Up Vehicle.
– The company intends to use the funds to expand the team and its business reach, scale their product’s capabilities to support larger customer success teams.

– Tomi.ai is a martech startup based in Palo Alto, CA.
– The company raised $1M in Pre-Seed funding.
– The round was led by AI-focused funds Begin Capital and the Phystech Leadership Fund (PLF).
– The new funding will be used to grow the team and accelerate product development.

– Business software intelligence marketplace G2 (formerly known as G2 Crowd) has raised $157m in a series D round of funding.
– The company is probably better known as a sort of “Yelp for business software,” serving as a public-facing portal to garner insights, feedback, and reviews spanning thousands of popular applications.
– This includes the ability to compare and contrast similar software to help reach a buying decision.
– According to G2 cofounder and CEO Godard Abel, a recent survey it carried out revealed that 94% of enterprise software buyers “don’t trust vendor sales and marketing people,” a statistic that could probably apply to just about any software vertical across the business and consumer spheres.

– Thrivable from Cleveland, OH, closed $1.7M in funding.
– The round was led by Allos Ventures, JumpStart, North Coast Ventures, and Early Light Ventures.
– The company intends to use the funds to expand its global team of full-time employees with a focus on the areas of technology, research, data science, sales, and marketing.

– BuyerAssist, a new startup founded by former employees of sales readiness platform MindTickle, wants to make the buying process as smooth as possible.
– The company is launching its beta product to the public with $2 million in seed funding led by Stellaris Venture Partners and Emergent Ventures, with participation from angel investors.
– The capital will be used for hiring in the U.S. and India, with plans to bring BuyerAssist’s platform out of beta later this year.

– Simplified is a San Francisco, CA-based provider of marketing-focused design software.
– Company raised $2.2m in funding.
– Backers included Craft Ventures, Form Capital, GFR Fund, Superhuman’s Rahul Vohra and Todd Goldberg, Manik Gupta, Pelican Ventures’ Ajay Yadav, 8Bit Capital, Early Grey Capital, MyAsia VC and others.
– The new investment will be used to expand operations and business reach.

– Hyro is a conversational AI company.
– The company raised $10.5m in Series A funding.
– Spero Ventures led the round and was joined by Twilio and Mindset Ventures, and existing investors Hanaco Ventures, Spider Capital, and Entrepreneurs Roundtable Accelerator.
– The company plans to use the funding to hire top talent across all departments as it continues to build out its Adaptive Communications Platform to enhance its customers’ web, mobile and call center solutions while also expanding its presence across key industries where it is already experiencing strong traction.

– Qualified is a conversational sales and marketing platform purpose-built for Salesforce Sales Cloud.
– The company raised $51m in Series B funding.
– The round was led by Salesforce Ventures, with participation from existing investors Norwest Venture Partners and Redpoint Ventures.
– The new investment will be aimed at accelerating product innovation and expanding the team in all key functions including engineering, sales, marketing and customer success.

– RightBound is a Kirkland WA- and Tel Aviv, Israel-based based sales prospecting engine company.
– The company raised $12m in Series A funding.
– The round was led by Innovation Endeavors with participation from IBI Tech Fund, Operator Collective and existing angel investors Zach Weinberg, Nat Turner, and Gil Shklarski.
– The new investment will be used to expand operations and business reach.

– Resolve, a San Francisco-based startup in the space specializing in “buy now, pay later” capabilities for B2B transactions, announced that it has raised $60m funding.
– Initialized Capital led the round — the company’s first funding since its 2019 inception.
– KSD Capital, Haystack VC, Commerce Ventures, Clocktower Ventures and others also participated.
– The funding is a combination of equity and asset funding according to co-founder and CEO Chris Tsai, although he declined to reveal the breakdown.
– Since launching as a spinout from Affirm in 2019, Resolve says it has seen “overwhelming” demand for its B2B buy now, pay later (BNPL) billing offering for business purchases.

– Qualified, a startup that builds better interactions for B2B sales and marketing teams that already use Salesforce by tapping into extra data sources to develop a better profile of those visiting your website, in aid of improving and personalizing the outreach has picked up $51m in funding.
– The funding round was led by Salesforce Ventures and joined by Norwest Venture Partners and Redpoint Ventures, both previous backers, among others.
– The startup will be using the Series B to continue building out its business with more functionality in the platform, and hiring across the board to expand business development and more.

– Sharebite, the leading mission-driven food ordering platform built exclusively for workplaces, announced the completion of its $15m Series A funding round to drive exponential growth and further strengthen its leadership in the corporate food ordering space.
– Impact-driven and minority-led investment firm Lafayette Square led this round along with the founders and former executives of Seamless (now part of GrubHub) and Delivery Hero, the leading European food delivery platform.
– Sharebite’s laser-focus on developing food ordering solutions for the workplace has allowed it to establish a strong foothold within the larger food delivery space.

– Settle, a startup that provides working capital to e-commerce and CPG companies, raised $15m in Series A funding.
– The round was led by Kleiner Perkins and joined by Founders Fund, SciFi, Caffeinated Capital, WorkLife Ventures, Background Capital and AngelList Venture CEO Avlok Kohli.
– The company was founded by former Affirm founder Max Levchin’s Affirm co-founder and former COO of Affirm, Jason Koenig.

– French startup Ankorstore has raised $102m funding.
– Tiger Global and Bain Capital Ventures are leading the funding round with existing investors Index Ventures, GFC, Alven and Aglaé also participating.
– The company is building a wholesale marketplace for independent shop owners.

– Moglix is an Indian industrial B2B commerce platform focused on the manufacturing space.
– The company provides solutions to more than 500,000 SMEs and 3,000 manufacturing plants across India, Singapore, the UK and the UAE.
– In this latest round of funding, the company raised $120m.
– Accel Partners, Jungle Ventures and Venture Highway have been the earliest investors in the company.
– The company has in-subsequent rounds received investments from leading global venture capital funds such as Tiger Global, Sequoia Capital India, International Finance Corporation and Composite Capital among others.

– Unmind is a London, UK and NYC-based workplace mental health platform.
– Company raised $47m in Series B funding.
– The round was led by EQT Ventures with participation from Sapphire Ventures, as well as existing investors Project A, Felix Capital, and True Ventures.
– The new investment will be used to accelerate the company’s international growth, continue to develop content, features, and integrations, and increase headcount to 200 people by the end of 2021.

– Jifflenow, a MAP that helps marketing and sales teams automate the scheduling of business meetings at live and virtual events, has raised $11.9m in a new funding round.
– The funding round was led by software growth equity firm Trousdale Capital with participation from Jifflenow’s existing major investors Accel, Saama Capital, Sequoia Capital.

– Prismatic is a Sioux Falls, S.D.-based embedded integration platform for B2B software companies.
– The company raised $3.25m in seed funding.
– Backers included Falls Angel Fund II and executives from across the tech sector.
– The new investment will be used to expand operations and business reach.