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Apps Artificial Intelligence Consumer Software iOS Mobile Apps North Africa and the Middle East Photo Editing Video

Facetune maker Lightricks raises $130 million ahead of M&A plans

– Lightricks, an Israeli mobile photo and video editing company, raised $130m funding.
– The round was led by Insight Partners and Hanaco Venture Capital and includes new investors Migdal Insurance, Altshuler Shaham and Shavit Capital.
– Existing investors Goldman Sachs Asset Management, Claltech, Harel Insurance and Finance, and Greycroft also participated.
– The company has raised $335m to date.
– It has been best known for its photo-editing app Facetune.

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Analytics Artificial Intelligence Consumer Software Energy GovTech Information Technology Internet Machine Learning North America Renewable Energy Software

Bidgely Secures $26M in Financing to Accelerate Utilities’ Leading Role in the Clean Energy Future

– Bidgely announced the closing of a $26m round of strategic financing to bolster its utility electrification and decarbonization innovations deployed around the world.
– Led by Moore Strategic Ventures, the round is joined by Accurant International, an investment venture of Bahman Hoveida, co-founder and ex-CEO of Open Systems International.
– The oversubscribed round also included existing investors, such as Future Energy Ventures, Georgian and Constellation Technology Ventures.
– Bidgely, a pioneer of disaggregation, holds 17 patents for its technology, including EV disaggregation techniques.

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Consumer Software Financial Services FinTech Insurance Insurance Property North America Real Estate

Jetty raises $23M to help give renters more payment flexibility

– Jetty, a fintech company which aims to give renters flexibility when paying rent, has raised $23m in a funding round co-led by Citi and Flourish Ventures.
– The financing brings Jetty’s total raised since its 2016 inception to $78m.
– Other investors participating in the latest growth round include Credit Ease and K5.
– The 100-person New York City-based startup has come up with a way to help renters make rent on time with an offering that resembles the “buy now, pay later” (BNPL) model that is increasingly used by consumers at the point of sale, online and in person.

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Consumer Software E-Commerce Flowers Gift Legal Tech North America

CircleIt Raises $5.1 in Series A Funding

– CircleIt is a Chicago IL-based provider of a generational platform.
– The company raised $5.1M in Series A funding.
– The round was led by CircleIt founder Art Shaikh with participation from TeleSoft Partners, a Silicon Valley venture capital firm led by Arjun Gupta, and private investor Connor Crown.
– The new investment will be used to accelerate growth and business reach.

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Consumer Software North America Software

uLab Systems Raises $54.5M in Series E Financing

– uLab Systems is a San Mateo, Calif.-based orthodontic startup.
– The company raised $54.5m in Series E financing.
– The round included participation from existing investors along with a syndicate of orthodontists.
– The company will use the funds to further advance its commercial roll out and development of its platform, which features AI-assisted treatment planning, rapid aligner delivery, the ability to plan for brackets and aligners in the same case, and customized packaging.

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Consumer Software E-Commerce Mobile Apps North America Shopping Transaction Processing

nate Raises $38M in Series A Funding

– nate is a NYC-based universal shopping app.
– The company raised $38m in Series A funding.
– The round was led by Renegade Partners, with participation from Forerunner Ventures and existing investors Canaan Partners and Coatue.
– The new investment will be used to expand the business of its online payment solutions.

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Consumer Software Internet North America Real Estate

From food delivery to housing: Former Favor founders raise millions for Sunroom Rentals

– Real estate tech startup Sunroom Rentals has raised $11m in Series A funding.
– The round was led by Gigafund and joined by existing investors including Ben Doherty and Zachary Maurais, former founders of the delivery app Favor.
– The company plans to use the funding to expand across Texas, including in Houston, San Antonio and Dallas.

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Biometrics Blockchain Consumer Software Cyber Security E-Signature Enterprise Software Ethereum Facial Recognition Identity Management Information Technology Network Security North America Security Software Software Engineering Speech Recognition

1Kosmos Secures $15 Million in Series A Funding from ForgePoint Capital

– 1Kosmos secured funding of $2.6m.
– The funding will be used to accelerate the company’s growth and product roadmap.
– 1Kosmos has assembled an advisory board that brings together top professionals in the cybersecurity industry.
– The company’s indisputable ID-proofing process leverages user-uploaded identity credentials.
– This eliminates the need for usernames and passwords or complex multi-factor authentication.
– 1Kosmos integrates with any application, website or operating system and doesn’t require additional software or technology.

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