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Automotive Direct Sales E-Commerce Latin America

Brazilian digital auto marketplace InstaCarro revs up with $23M in funding

– InstaCarro, a digital marketplace that connects used car sellers to dealers in Brazil, has raised $23m in a Series B round of funding.
– The round was led by U.S.-based firms J Ventures, FJ Labs and Rise Capital, and joined by Spain’s All Iron Ventures and Big Sur.
– With the latest round, São Paulo-based InstaCarro has now raised more than $56m since its 2015 inception.

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Automotive Direct Sales E-Commerce Platforms Marketplace Southeast Asia

Automotive marketplace Carro hits unicorn status with $360M Series C led by SoftBank Vision Fund 2

– Carro, a Southeast Asia-based automotive marketplace, raised $360m funding.
– The round was led by SoftBank Vision Fund 2 and joined by insurance giant MSIG and other investors.
– The company plans to use the funding to expand its financial services portfolio and develop its AI capabilities.

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Analytics B2B Direct Sales Enterprise Software Event Management Events Meeting Software North America SaaS Sales Automation Software

Jifflenow Closes $11.9M Funding

– 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.

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Beauty Cosmetics Direct Sales E-Commerce South America

Social commerce startup Elenas raises $6M and plans for international expansion

– Colombian startup Elenas says it’s helping tens of thousands of women make money by selling products online.
– The company announced that it has raised $6 million in Series A funding.
– The round was led by Leo Capital, FJ Labs, Alpha4 Ventures and Meesho.
– The company plans to expand across Latin America, starting with Mexico and then Peru.

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Direct Sales E-Commerce Furniture Home Decor North America

Furniture startup Burrow raises $25M

– Burrow, a startup that first launched with a modular sofa, eventually aims to sell you furniture for every room in your home.
– The company has raised $25m in Series C funding.
– The round was led by Parkway Venture Capital, with Managing Partner Gregg Hill joining Burrow’s board of directors.
NEA, Red & Blue Ventures, Winklevoss Capital and Michael Seibel also participated in the new round.
– The startup will use the new funding to launch new products while also investing in operations and building out its international supply chain.

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Benefits Financial Direct Sales Employee FinTech Health Care Health Insurance Insurance Medical North America Services Sharing Economy

KindHealth Concludes 2020 With $4 Million in Funding

– KindHealth announced $4m in funding.
– The round was led by David Jones of David Jones Capital, LLC.
– KindHealth is an Austin-based, all-in-one digital health insurance platform.
– KindHealth helps consumers find the best individualized and low-cost health insurance.

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