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Consulting Health Care North America Parenting

SimpliFed serves up $500,000 pre-seed toward infant nutrition support

– SimpliFed, a virtual lactation and baby feeding support platform, raised $500k in pre-seed funding.
– The round was led by Third Culture Capital and joined by other investors.
– The company plans to use the funds to hire additional employees and grow its footprint.

Consulting Eastern Asia Information Services Information Technology Knowledge Management

Lynk Receives New Funding From UBS’s Investment Bank

– Lynk is a global AI-driven Knowledge-as-a-Service platform.
– The company extended its previously announced Series B to include new funding from UBS’s Investment Bank business division.
– UBS’s investment brings Lynk’s total funding to date up to $35M.
– The company plans to use the funds to expand its offerings and global reach.

Collaboration Consulting Data Integration Enterprise Applications Enterprise Resource Planning (ERP) Enterprise Software Marketing North America SaaS Sales Automation Software

Revenue Grid Lands $20M in Series A Financing

– Revenue Grid, a sales platform that provides businesses with AI-driven deal guidance, announced $20M in a Series A financing led by W3 Capital.
ICU Ventures also participated in this financing.
– Revenue Grid was originally founded as Invisible and rebranded in 2020.

Consulting Energy Information Technology North America Renewable Energy

Priority Power Announces Investment by Oaktree Capital

– Priority Power announced a $250m investment from funds managed by Oaktree Capital Management and other select institutional investors.
– Ara Partners, a Houston-based private equity firm specializing in industrial decarbonization investments, acquired Priority Power in 2019. Ara Partners will continue to hold an ownership stake.
– Priority Power was founded in 2001 and serves over 7,000 commercial and industrial customers in North America totaling over $2.7b of energy procurement under management.

Consulting CRM Information Technology Manufacturing North America Robotics

Chasm Advanced Materials Raises $15M in Series C Funding

– Chasm Advanced Materials, Inc. from Canton, MA is a nanotube hybrids manufacturer.
– The company raised $15m in Series C funding.
– The round was led by Wave Equity Partners, joined by Birla Carbon, as well as SWM International (NYSE: SWM).
– The new investment will be used to accelerate commercial penetration of its AgeNT™ products for transparent printed electronics, NTeC™ products for energy storage and a broad range of composites applications, and to launch CHASM-H2O™ – a new category of membranes targeted at disrupting water treatment to address the world’s water scarcity problem.

Brand Marketing Consulting Information Services Information Technology Internet North America Web Design

Bounteous Receives Strategic Investment From New Mountain Capital

– Bounteous, a Chicago, IL-based insights-driven digital experience consultancy, received an investment from New Mountain Capital.
– The amount of the deal was not disclosed.
– The company intends to use the funds to make strategic investments in talent, new service offerings, and the Co-Innovation enablement methods that it uses to drive clients’ digital transformation programs.

Consulting Document Management North America Software Web Development

Montrium Secures $2M in Funding

– Montrium is a Montreal, Canada-based provider of cloud-based software solutions for life sciences.
– The company raised $2m in non-dilutive funding from BDC Capital (Canada), Growth and Transition Capital division.
– The funding will be used to bolster product development and expand the engineering team.

Banking Consulting Financial Services South Asia Wealth Management

Nubank co-leads $45 million investment in Indian neobank Jupiter

– Jupiter, a neobank for consumers in India, raised $45m funding.
– The round was led by Nubank, Global Founders Capital, Sequoia Capital and Matrix Partners India.
Mirae Assets Venture also joined the round.
– The startup has built a number of products, including a savings account bundled with features that aim to simplify money management.
– The platform, which positions itself as a “100% digital bank,” also offers the ability to buy now and pay later on UPI, a standard developed by a coalition of banks in India that has become the most popular way people in the country transact online.
– In about a month, the startup plans to launch to the public.

Consulting Document Management Information Technology Software Western Europe

Kendox Receives Loan From Pride Capital Partners

– Kendox from Oberriet, Switzerland received a loan from Pride Capital Partners.
– The amount of the deal was not disclosed.
– The company intends to use the funds to further drive sales of its cloud solution.

Consulting Internet Legal Legal Tech North America

DoNotPay Snares $10M Funding

– DoNotPay, a legal services app, received $10 million in funding from Andreessen Horowitz, Lux Capital, Tribe Capital, Day One Ventures and Felicis Ventures.
– Other investors included billionaire FTX CEO Sam Bankman-Fried, former Coinbase Chief Technology Officer Balaji Srinivasan and UiPath CEO Daniel Dines.
Yuri Milner‘s investment firm, DST Global, participated as well.

Advertising Brand Marketing Consulting E-Commerce Marketing North America Personal Branding

Tailor Brands raises $50M, aims to be one-stop shop for small businesses to launch

– Tailor Brands, a startup that automates parts of the branding and marketing process for small businesses, announced it has raised $50 million in Series C funding.
GoDaddy led the round as a strategic partner and was joined by OurCrowd and existing investors Pitango Growth, Mangrove Capital Partners, Armat Group, Disruptive VC and Whip Media founder Richard Rosenblatt.
– The company, headquartered in New York and Tel Aviv, is now compiling the components for a one-stop SaaS platform — providing the design, branding and marketing services a small business owner needs to launch and scale operations, and within minutes.
– Over the past year, more users are flocking to Tailor Brands; the company is onboarding some 700,000 new users per month for help in the earliest stages of setting up their business.

Consulting Financial Services North America Wealth Management

Harness Wealth raises $15 million to democratize the power of family offices

– Harness closed on $15 million in Series A funding led by Jackson Square Ventures, a round that brings the company’s total funding to $19 million.
– Harness Wealth, a three-year-old, New York-based outfit that was founded by David Snider and Katie Prentke English to cater to individuals with increasingly complex financial pictures, including following liquidity events.
– The two understand as well as anyone how one’s vested interests can abruptly change — and how hard these can be to manage when working full-time.
– Startup currently employs 22 people and is not-yet profitable

Cannabis Consulting Information Technology Mobile Mobile Apps North America SaaS Software

Simplifya Closes $6M Series B Funding Round

– Simplifya from Denver provides regulatory and operational compliance software for the cannabis industry.
– The company raised $6m in Series B funding.
– The round was led by Blue Zone Wealth Advisors, with participation from existing investors Merida Capital and previous shareholders, as well as the addition of several new investors, including Mercury Payment Solutions Founder Jeff Katz, who also joined Simplifya’s Board of Directors.
– The new investment will be used to expand its operational presence and implement and launch its newest product offering, TENDR (the product will launch in beta with POS clients before the end of Q2).

Consulting Internet North America Recruiting SaaS Software

Sense Secures $16 Million in New Funding to Drive Talent Acquisition as Labor Market Rebounds

– Sense, the market leader in AI-driven talent engagement and communication platform solutions for recruiting, announced $16m in Series C funding.
– Key investors in this round include Avataar Venture Partners with additional participation from previous investors including Accel and GV.
– The round will accelerate innovation and development of the company’s AI-powered talent communication and engagement suite.
– Sense offers a singular engagement platform powered by AI and machine learning. It enables personalized communication across the entire talent lifecycle at scale, and also automates manual tasks for recruiters.
– Through this personalized approach, Sense customers experience on average; a 263% increase in candidates screened compared to a manual approach, reduced time to fill by 30-81% and up to 800 hours of recruiter time saved.

Banking Consulting Financial Services FinTech Venture Capital Western Europe

Fintech startup TreasurySpring raises $10M for platform giving online access to fixed-term funds

– TreasurySpring, a fintech startup, raised $10m in Series A funding.
– The round was co-led by MMC Ventures and Anthemis Group.
– Existing investors, including ETFS Capital, participated.
– The company plans to use the funding to expand its platform.

Alternative Medicine Cannabis Consulting Health Care North America Wellness

Texas Original Compassionate Cultivation Raises $21 Million in Series B Funding

– Texas Original Compassionate Cultivation (TOCC), Texas’ leading medical cannabis provider, announced it has secured $21m in Series B funding led by AFI Capital Partners, a growth equity fund investing exclusively in the cannabis industry.
– The funding will bolster the company’s production and support its statewide delivery strategy.
– TOCC’s latest funding follows the close of Texas’ 87th legislative session, where House Bill 1535—a bill that expands the medical marijuana program in the state—passed in both chambers. Under the expanded Texas Compassionate Use Program (CUP), all cancer patients and people suffering from PTSD will qualify for medical marijuana prescriptions. The passage of HB 1535 also increases the amount of allowable THC to 1% by weight.

Computer Consulting Cyber Security Information Technology Management Consulting Network Security North Africa and the Middle East Security

CyberHat Raises $15M in Series B Funding

– CyberHat from Tel Aviv develops a SOC-as-a-Platform.
– The company raised $15m in Series B funding.
– The round was led by Prytek and attracted new investor InCapital as well as previous investors Mangrove and Mizrahi Bank.
The company intends to use the funds to expand adoption of its SOC-as-a-Platform.

Consulting Employee Benefits Insurance North America

Navacord Completes C$1.05 Billion Financing

– Navacord Corp. completed a C$1.05 billion financing.
– The transaction provides Navacord with increased capacity to continue pursuing M&A transactions and other strategic growth initiatives.
– Navacord plans to use the proceeds to fund near-term M&A opportunities and other strategic growth activities and return capital to its employee shareholders.
– Navacord is focused on building the Great Canadian Brokerage, and this transaction positions us well to execute that plan over the coming years.
– Navacord employees and funds affiliated with MDP are both significant shareholders in Navacord.

Analytics Consulting Financial Services Information Services Insurance North America Procurement

Concertiv Receives Majority Investment from Long Arc Capital

– Concertiv, Inc. a NYC-based data analytics, decision support and technology-enabled services platform for professional services firms, received a majority investment from Long Arc Capital, LP.
– The amount of the deal was not disclosed.
– The company will use the capital to build product and engineering capabilities, accelerate sales and marketing initiatives, and strengthen its customer execution teams.

Analytics Artificial Intelligence Blockchain Consulting Information Technology Machine Learning North America Risk Management Supply Chain Management

Torch.AI Raises $30M to Scale Its AI-Driven High Speed Data Processing Platform

– Torch.AI, a leading global artificial intelligence (AI) firm that uses machine learning to enable massively scaled, ultra high performance data processing, today announced it raised $30m in Series A funding to accelerate its overall growth strategy.
– The funding, led by WestCap Group, a prominent San Francisco-based investment firm, will enable the company to rapidly scale its Nexus™ AI platform to meet increasing demand from clients including Fortune 100 companies and U.S. federal agencies charged with protecting national security.
– Founded in 2017, Torch.AI created a next-generation AI platform that instantaneously understands and richly describes any data in atomic detail, both in memory and in motion. The Nexus™ software creates an intelligent Synaptic Mesh™ across an organization’s data and systems, increasing the surface area of data for discovery and action.

Consulting Financial Services Information Technology North America Software

OmniSync Raises $1M in a 100% Oversubscribed Seed Round to Streamline the Federal Grants Ecosystem

– OmniSync, a company that helps deep tech and life science companies raise debt-free and equity-free funds from the government, closed their oversubscribed seed round led by Govtech Fund – the first-ever venture fund dedicated to government technology startups.
– Ron Bouganim of Govtech Fund said: “OmniSync is taking a unique approach to modernizing and unifying Federal grants in a way that is not only democratizing access to these funds for non-traditional applicants like startups, but they’re also making the process much more efficient for the governments themselves to quickly access and acquire new technologies from sources that they may be completely unaware of.”

Consulting Financial Services North America Personal Finance Retirement

Edelman Financial Engines Announces Investment From Warburg Pincus LLC

– Edelman Financial Engines (“the Company” or “firm”), the nation’s top independent financial planning and investment management firm, along with lead investor Hellman & Friedman, a premier private equity firm focused on making large-scale equity investments in high-quality growth businesses, today announced a strategic investment from Warburg Pincus, a preeminent global private equity firm focused on growth investing, which will become a minority equity owner and Michael Martin, Managing Director, will join the Company’s Board of Directors.
– The investment values the Company at $7.3 billion and is expected to close in the second quarter 2021.

Civil Engineering Construction Consulting Energy Government Information Technology North America

AECOM, Houston METRO continue to advance automated, zero emissions transit technology with $1.5 million grant from the Federal Transit Administration

– AECOM, the world’s premier infrastructure consulting firm, has partnered with Houston METRO, the region’s largest public transit provider, to accelerate deployment of automated technology in transit vehicles.
– Funded through a $1.5m grant from the Federal Transit Administration (FTA), the team will pilot one of the nation’s first automated electric shuttle buses that will serve Texas Southern University, University of Houston, and Houston’s Third Ward neighborhood.
– The project, which is expected to be fully operational in spring 2022, was one of only 25 initiatives across the U.S. to receive FTA funding.
– AECOM will provide management, planning, and engineering services for the project. METRO is also a founding member of AECOM’s Automated Bus Consortium, which investigates the feasibility of implementing pilot automated bus projects across the U.S.

Cannabis Consulting North America

Schwazze Completes Latest Financing Round

– Schwazze closed its most recent tranche of preferred equity, increasing the total capital raised to date through its private placement offering to $56 million.
CRW Capital Cann Holding, LLC (“CRW”) led this investment round of $34 million along with an affiliate of Dye Capital & Company (“Dye Capital”) and other unaffiliated investors.
– Over the last three months, the Company raised a total of $71 million in financing split between this private placement offering and debt financing of $15 million.
– The first $10 million of this debt financing will be funded immediately while the remaining $5 million will be funded as part of the closing of an identified acquisition.

Consulting Health Care Internet Medical North America

Nest Collaborative Closes $2.1M Seed Funding Round

– Nest Collaborative is a Farmington, Conn.-based creator of a virtual lactation consultation platform.
– Company raised $2.1m in seed funding.
– The round was led by Altitude Ventures with participation from Bread and Butter Ventures, Wavemaker 360, Portfolia FemTech Fund II, Connecticut Innovations, Carnrite Ventures, and the Hustle Fund.
– The new investment will be used to scale the team, invest in additional breastfeeding support offerings, increase marketing and partnerships, expand its scale and technological capabilities.

Apps Consulting Information Technology North America Software Engineering

Aditi Consulting Raises Capital Led by Georgia Oak Partners to Accelerate Expansion of its Consulting Services

– Aditi Consulting Raises Capital Led by Georgia Oak Partners to Accelerate Expansion of its Consulting Services
– Aditi is a leading global technology solutions provider
– Aditi builds strategies, systems and teams to help clients solve some of their most complex business challenges.
– As companies face a new way of working and a need for accelerated digital transformation, this partnership will further fuel Aditi’s full-stack tech capabilities and ability to deliver customized solutions that will propel change and connect data to real business outcomes for customers.
– Aditi continues to be recognized as one of the best companies to work for by Forbes and Washington’s Great Places to Work.

Consulting Content Digital Europe Media

Ostmodern Raises £2M in Funding

– Ostmodern from London, UK and NYC develops video platforms for entertainment companies.
– The company raised £2m in funding.
Puma Private Equity made the investment.

Consulting North America Sports

U.S. Integrity Secures $1M in Seed Funding

– U.S. Integrity is a Las Vegas and New York-based technology and data-driven analytics company monitoring match-fixing, game manipulation and other unethical or illegal betting-related activity.
– The company secured $1m in seed funding.
– This round was led by the New York Angels with participation from Harvard Business School Alumni Angels of New York, existing investor SeventySix Capital, and several prominent financial service executives and entrepreneurs.
– Jeffrey Seltzer co-led the process for the New York Angels investment group and joined as a new Board Director.

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