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Consumer Information Technology Internet North America Pet Software

Fi Raises $30M in Series B Funding to Accelerate Exponential Growth in the $100 Billion Pet Market

– Fi, the smart dog technology company, today announced $30m in Series B funding led by Longview Asset Management, with participation from Advance Venture Partners (AVP), Gokul Rajaram as well as existing investors RRE Ventures, Lerer Hippeau, and Freestyle.
– Furthering the mission to strengthen the bond between dogs and dog parents through technology, the money raised will be used to continue hiring world-class talent and support the development of new features and capabilities for the Fi Smart Dog Collar.

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Construction EdTech Internet North America SaaS Software Training

GoContractor Raises $5M in Series A Financing

– GoContractor is a construction worker onboarding and compliance tracking digitization platform provider.
– Series A $5m round led by Building Ventures and Ironspring with participation from existing investors.
– The new investment will be aimed at further scaling across the US and European markets, growing its sales, support and marketing teams, and increasing investment in its research and development organization located in Ireland.
– GoContractor provides a worker and subcontractor onboarding and data management solution that exclusively focuses on training, managing, and connecting general contractors with their workers and subcontractors in the construction industry.

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Asia Information Technology Internet IT Management SaaS Software

Atera Raises $25M in Funding

– Atera, a Tel Aviv, Israel-based remote-first IT management company, raised $25m in funding.
K1 Investment Management made the investment.
– The company intends to use the funds to accelerate research and development, increase service and enable accelerated global expansion.
– Atera provides an all-in-one platform that combines remote monitoring and management with helpdesk, reporting, and operations management in a single system.
Atera has raised $75m since it was founded in 2015.

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Automotive E-Commerce Internet North America

Gettacar Raises $25 Million To Continue Building the Best Car Buying & Ownership Experience

– Gettacar, the online car buying start-up that makes the car buying and ownership process easy, today announced $25m in funding, bringing the total raised to $48m.
– The round was led by 3L and Luxor Capital, with additional participation from Torch Capital.
– Gettacar will use the new funding to continue investing in the customer experience, expand into additional markets, and product development.
– Gettacar plans to launch in additional U.S. markets in 2021.

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Developer APIs Developer Tools Internet Marketing North America Printing Real Time SaaS Shipping Software Web Development

Lob Raises $50 Million in Series C Funding To Scale Its Direct Mail Platform

– Lob, the leading direct mail platform, announced that it has raised $50m in Series C funding.
– Led by long-time investor Y Combinator Continuity, this new financing round brings Lob’s total capital raised to $80m.
– Over 8,500 customers, including Twitter, Expedia, Booking.com, Betterment, Clover Health, Root Insurance and ThredUp, are using Lob’s platform to automate direct mail workflows.
– One in two U.S. households have now received mail generated from Lob’s platform, and the company is on pace to triple the amount of mail it will send in a single year.
– To continue scaling its operations, Lob is expanding its print delivery network—already the largest in America.

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Internet North America

InvestNext Raises Seed Round to Democratize Real Estate Investing

– InvestNext, the technology company that streamlines fundraising, communication and payout for real estate investors, today announced it has closed a seed round of $600,000 to grow its team and online platform.
– The seed round is led by Detroit Venture Partners and joined by Invest Detroit, Ludlow Ventures, and strategic customers who have become flagship partners for the startup.
– InvestNext is positioned to become the go-to management software for private real estate investors.
– The platform is purpose-built to enable syndicators to easily manage investments, raise capital, centralize key documentation and communication, and automate investor distributions.
– With a sophisticated CRM and secure personalized portals, sponsors can engage and inform investors with a rich white-labeled interface, streamlining traditionally tedious and inefficient tasks while providing radical transparency.

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Internet North America

$55 Million Investment Fuels Elevate Brands’ Acquisition Strategy to Purchase and Scale Quality Amazon Marketplace Brands in 2021

– Elevate Brands raised over $55m in committed funds from a global group of leading fintech and e-commerce business leaders.
– The company is expanding rapidly through a targeted acquisition and post-acquisition brand growth strategy.
– Since acquiring its first Amazon business more than 12 months ago, Elevate Brands reported more than 100% average post-acquisition growth across its portfolio and is expected to hit $150m in revenue by the end of 2021.
– Elevate Brands uses a data-driven approach to acquiring businesses, finalizes its underwriting process within 30 days, and deploys its operational strengths immediately upon acquisition to grow its portfolio both locally and globally.

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Communities Digital Entertainment Internet Mobile North America

Beamable Closes $5M Equity Funding Round

– Beamable from Boston provides a Software-as-a-Service platform for the business operations of live games.
– The company raised approximately $5m in equity funding round.
– The round was led by Companyon Ventures and GrandBanks Capital, and joined by investors from Defy.vc, Oyster Funds, and others.
– The new investment will be used to expand operations and reach.

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Artificial Intelligence Cyber Security Information Technology Internet Machine Learning North America Software

Armorblox Raises Series B Funding to Restore Trust in Email Communications

– Armorblox announced that it raised $30m in Series B venture capital funding.
– The funding was led by Next47 with participation from Polaris Partners and Unusual Ventures, as well as General Catalyst and other early investors.
– Armorblox is on a mission to restore and uphold trust in email communications by stopping targeted, socially engineered attacks from compromising people and data.
– The funding comes amidst fast-paced customer growth during 2020, accelerated further by the widespread shift to remote work and a growing discontent with the complexity and ineffectiveness of traditional email security controls.
– Already protecting over 9,000 organizations, Armorblox is using the new funding to expand its go-to-market, engineering, and data science teams and further cement its position as a next-generation email security provider that is centered around delivering customer value.

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Human Resources Internet North America Recruiting

Recruiting Platform WizeHire Raises $7.5 Million

– WizeHire is a recruiting platform for small businesses.
– The company raised $7.5m in Series A funding.
Amplo and Mercury led the round, and joined by existing backers Ruchit Shah and RigUp co-founder Sandeep Jain.
– The company plans to use the funding to provide small businesses a faster, easier hiring experience previously only available to large corporations.

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