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Consumer Goods North America Service Industry Subscription Service

Omaha-Based PetFriendly Raises $6 million in Seed Funding

– PetFriendly, a subscription pet care company delivering vet-quality flea and tick protection to customers’ doorsteps, announced that it has closed $6 million in seed funding.
– The round was led by an affiliate of McCarthy Capital and included participation from Revolution’s Rise of the Rest Seed Fund, Emil Capital Partners and Invest Nebraska.
– PetFriendly will use the funding to scale its Omaha operations, hire additional team members and expand its product offerings into additional categories.
– The funding is the first external investment in the company.
– Founded in 2018 by Chief Executive Officer Aaron Shaddy and Chief Operating Officer Ryan Finstad, PetFriendly has grown exponentially over the past two years.

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Artificial Intelligence Intelligent Systems Machine Learning Manufacturing North America Service Industry

DeepHow Raises $9M Pre-Series A Funding to Bridge the Skills Gap in the Manufacturing, Service, and Construction Industries

– DeepHow, the AI company that turns technical know-how into smart, how-to training videos, has closed $9M in pre-Series A funding.
Sierra Ventures, a specialist in early-stage VC funding, led the round with participation by Osage Venture Partners, Qualcomm Ventures LLC, and pre-seed investor Foothill Ventures.
– The company will use this additional funding to solidify its technical lead, accelerate its market expansion in Asia, and fuel its enterprise sales and marketing initiatives.

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Agriculture Biotechnology North America Service Industry

AgBiome Raises $116 Million Led By Blue Horizon and Novalis LifeSciences

– AgBiome raised $116m in an oversubscribed Series D round of funding.
– The round was co-led by Blue Horizon and Novalis LifeSciences and included multiple new and existing investors.
– The company will use the capital to expand more rapidly its product portfolio, scale its scientific and commercial teams, and continue to build its global presence and partnerships.

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Compliance Information Technology North America Risk Management Service Industry Software

Lextegrity Raises Additional $5M in Funding

– Lextegrity Inc. closed a $5m funding round.
– The round was led by Prescott General Partners.
– The company plans to use the funds to expand its global customer base and go-to-market capability and drive the development of its platform.

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Artificial Intelligence Computer Vision Consumer Information Technology North America Service Industry

Blaize, leading AI Solution for Edge Computing, Announces $71M Series D Financing to Further Accelerate Growth

– Blaize announced the close of a $71m Series D round of funding.
Franklin Templeton, a new investor, and Temasek, an existing investor, led the round, along with participation from DENSO and other new and existing investors.
– The funding will support acceleration of the product roadmap to meet growing demand for higher performance, lower power, lower cost AI hardware and transformational AI software solutions in automotive, smart retail, smart city and industrial markets.
– In 2020, Blaize successfully released and built a multi-year pipeline for the first generation Blaize AI edge computing hardware products based on the groundbreaking Blaize GSP architecture, and the Blaize AI Studio end-to-end application lifecycle software platform.

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Communications Infrastructure North America Service Industry

Leap, a ‘social learning’ platform aimed at over 55s, raises a $3.1M seed round

– Leap, a platform for people over 55 to learn via social interaction, has raised $3.1m in a seed round led by European early-stage investor Creandum and SF-based South Park Commons.
– Other investors include Learn Start/Learn Capital, alongside angels Michelle Kennedy (Peanut founder), Sahil Lavingia and Tim Tuttle.
– The company was founded by Swedish entrepreneur Caroline Ingeborn, former CEO of Toca Boca, a Swedish app development studio that builds learning apps for kids, and Vishal Kapur, former CTO and co-founder of Screenhero, which was acquired by Slack in 2015.
– The two founders met through South Park Commons, an intentional learning community that practices many of the concepts applied in Leap.

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Analytics Business Intelligence Data Visualization North America Service Industry Software

Incorta Raises $120M in Series D Funding Amid Soaring Global Demand for Unified Data Analytics

– Incorta announced $120m in Series D funding led by Prysm Capital, with participation from existing investors GV, Kleiner Perkins, M12, Sorenson Capital, Telstra Ventures and Ron Wohl, as well as a credit facility from Silicon Valley Bank.
– The latest round of funding will be used to expand go-to-market operations and meet global demand for Incorta’s unified data analytics platform.
– After hitting a major inflection point in 2020, Incorta is now scaling fast to meet global demand for modern data analytics in the cloud.
– This funding enables us to scale up while staying true to Incorta’s DNA and maintaining our best-in-class innovation, quality and customer obsession.

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Cyber Security Information Technology North America SaaS Service Industry

ThreatX Raises $10 Million; Extends Attacker-Centric Security Platform

ThreatX, a uniquely architected web application and API protection (WAAP) platform, has raised $10 million in funding led by .406 Ventures. This new investment will be used to open a new office in Boston and establish a presence on the East Coast, grow its engineering team, strengthen its fully-managed WAAP services team, and enhance its worldwide sales engine. Existing investors Access Venture Partners and Grotech Ventures also participated in the round. Greg Dracon, Partner at .406 Ventures, has technology operating and management experience, as well as 25 years of cybersecurity-focused venture investing, and will join the ThreatX board of directors.
The company’s attacker-centric WAAP platform accurately identifies malicious actors and dynamically initiates appropriate action. ThreatX technology can be used by companies in every industry across the globe to effectively and efficiently protect web applications and APIs.

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Internet North America Professional Services Service Industry

Thumbtack Secures $275 Million Investment at $3.2 Billion Valuation

– Thumbtack, the modern home management platform, announced it has secured a $275 million investment at a valuation of $3.2 billion.
– The round was led by Qatar Investment Authority and joined by Blackstone Alternative Asset Management as well as G Squared.
– Prior investors Baillie Gifford, CapitalG, Founders Circle Capital, Sequoia Capital, and Tiger Global Management also participated.
– The new funding will be used to accelerate innovation, fuel the company’s growth, and drive continued adoption.
– The modern home is more connected, but home services remains one of the largest markets still in the early stages of moving to digital.

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Customer Service Funerals North America Service Industry

Cremation services startup Solace raises $1.7M as interest grows in tech to disrupt funeral industry

– Solace, a Portland-based startup that has added digital convenience to the process of planning and facilitating cremation services, has raised $1.745m in seed funding.
– The funding round was led by Portland-based Rogue Venture Partners and other investors include Cascade Seed Fund out of Bend, Ore., and Seattle’s Alliance of Angels.
– Solace plans to use the funds to further expand, make key hires and improve its digital infrastructure.
– Solace charges a flat fee of $895, which is roughly half the average cost of cremation service on the West Coast.

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Consumer Electronics Digital Media Service Industry Western Europe

Dirac Raises USD$17.73M in Funding

– Dirac from Uppsala developed technology that optimizes digital audio.
– The company raised $17.73m USD in funding.
– The round was led by new investor TIN Fonder and current investor DIG Investment.
– The company intends to use the funds to accelerate global growth.

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FinTech North America Real Estate Real Estate Investment Service Industry

BuyProperly Raises $2M to Bring Accessible Real Estate Investing to Canada and the US

– BuyProperly, Canada’s AI-driven fractional real estate investing platform, announced the close of $2M in funding, led by Nurture Ventures with follow-on participation from FastBreak Ventures and notable angel investors.
– The investment will be used to further develop BuyProperly’s AI-driven property identification model, expand its national footprint with properties in Ontario, Quebec, Nova Scotia and New Brunswick, and add properties in the US to its proprietary distribution network.
– Founded in 2019, BuyProperly has been quick to establish itself as a leading fintech platform, enabling individuals to invest in real estate for as little as $2,500.

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