Cabinet brings in $2.6M, designs software for executive assistants
– Cabinet is a software for executive assistants.
– Cabinet closed on $2.6 million in funding, led by Harlem Capital with participation from Good Friends Capital and existing investor Parade Ventures.
– The company was founded by Julia Leibowitz and Evan Kesten in 2018.
– Cabinet is developing software to aid with daily productivity.
– The company’s software is not just one feature, but brings a lot of capabilities into one package to drive workflow.
Esper Raises $8M in Series A Funding
– Esper is a govtech startup from Austin, TX.
– Company raised $8M in Series A funding.
– The round was led by Cota Capital with participation from 8VC, Gaingels, and Stand Together Ventures Lab.
– The investment will be aimed at expanding the company’s operations and business reach across the U.S. state and federal market.
3SC Raises $15M in Series B Funding
– SS Supply Chain Solutions Pvt Ltd, a Gurgaon, India-based Supply Chain planning & logistics company, raised $15M in Series-B funding.
– The round was led by GEF Capital’s South Asia Fund.
– The company intends to use the funds to scale its domestic business, augment its geographical reach further across Europe and Southeast Asia, strengthen its existing Software as a service (SaaS) and Analytics as a service (AaaS) based SCM solutions through both organic and inorganic routes.
Nonprofit Helping Hands Community Secures Investment from Pivotal Ventures to Scale Last-Mile Delivery Platform to Reach the Food Insecure
– Helping Hands Community announced a $250k strategic investment from Pivotal Ventures.
– The investment will allow Helping Hands to augment its current organization of 150 part-time volunteers with some critical full-time paid roles, to expand the capabilities of its tech platform and extend it to more partners across the country.
– The investment was made by Melinda Gates, the co-founder of Pivotal Ventures.
Higher Ground Education Raises $30M Series D; Acquires FreshGrade
– Higher Ground Education, Inc. from Lake Forest, CA, raised $30M USD in Series D funding and acquired Kelowna, British Columbia digital portfolio and assessment platform provider FreshGrade.
– The round was led by Learn Capital and attracted new investor Kapor Capital as well as existing investors, including the Chan Zuckerberg Initiative.
– The company intends to use the funds to make continued investments in curriculum development, training, technology, and global growth.
– Higher Ground Education operates Guidepost Montessori, a network of Montessori schools with over 80 locations across the US and China.
AccountsIQ Raises €5.8M in Funding
– AccountsIQ, a London, UK- and Dublin, Ireland based provider of a Financial Management Software (FMS) platform for mid-market SMEs with multiple subsidiaries, branches and locations, secured €5.8M in funding.
– The company will use the funds to continue to expand operations and its business reach.
CIBC Innovation Banking Announces $33 Million Comprehensive Financing Solution for Bloomerang, Inc.
– CIBC Innovation Banking is pleased to announce a growth capital facility for Indianapolis-based Bloomerang, Inc. (“Bloomerang”). Bloomerang plans to use the capital for its recent acquisition of Nashville, TN-based Kindful, Inc. (“Kindful”), and to continue its growth momentum.
– Bloomerang, a leading provider of cloud-based donor management and fundraising software for small and mid-size nonprofits, delivers easy-to-use tools that help clients improve donor retention and increase donor engagement. Its recent acquisition of Kindful, a nonprofit software platform known for its third party application integrations and online fundraising tools, enables Bloomerang to deliver and scale a dynamic donor management and fundraising platform that will help nonprofits acquire new donors, increase donor loyalty, improve donor communication and provide comprehensive reporting.
