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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.

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.

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.

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.

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.

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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