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Apps Communities North America Social

Playbook, which aims to be the ‘Dropbox for designers,’ raises $4M in round led by Founders Fund

– Playbook is a cloud storage for modern design workflows and processes.
– The company has raised $4m in seed funding.
– The round was led by Founders Fund and joined by other investors.

Audio Internet Radio Music Music Streaming North America Social Social Entrepreneurship Social Media

EarBuds Raises $3M in Funding

– EarBuds, an Austin, TX-based real-time social music app, closed a $3m funding round.
– The round was led by Ecliptic Capital with participation from the Andre Agassi Foundation and LFG Ventures.
– The company intends to use the funds to create new tools to allow EarBuds hosts to better connect with their listeners and monetize their streams.

Cryptocurrency Mobile Apps Social Social Media Social Network Southeast Asia

Torum Receives Strategic Investment From Huobi Ventures

– Torum, a Kuala Lumpur, Malaysia-based social media platform, received an investment from Huobi Ventures HECO Fund.
– The amount of the deal was not disclosed.
– The resource integration from Huobi will further expand the ecosystem outreach of Torum, which has already accumulated over 64,000 cryptocurrency enthusiasts from the U.S, Canada, Latvia, Spain, Germany, France, Poland, Malaysia, etc.

Apps Mobile Apps North America Social Social Media Social Network

IRL, Leading Group Messaging Social Network, Raises $170M Series C Funding Led by SoftBank Vision Fund 2, Achieves Unicorn Status With Over $1.1B Valuation

– IRL (In Real Life), the leading group messaging social network that brings people together through events and shared experiences, announced a $170M Series C Round led by SoftBank Vision Fund 2 with participation from new investor Dragoneer, and returning investors Goodwater Capital, Founders Fund, Floodgate and Owl Capital. The oversubscribed round brings IRL’s total funding to more than $200M to-date and cements the company’s unicorn status with a $1.17B valuation.
– In addition to the company’s funding, IRL announced its new Culture and Creator Fund along with new expanded Group Messaging features, broadening its in-app experience to deepen everyone’s ability to connect with friends, family and discover new friends based on shared interests.

Advertising Content News North America Publishing Social Social Media Video

Maven Acquires The Spun and Raises $20 Million in Equity

– Maven, a modern media company operating and powering premium publishers, announced that it has acquired The Spun, a fast-growing digital and social sports brand that brings what’s trending in the sports world to avid and loyal consumers.
– The addition of to Maven’s lineup of sports properties, anchored by Sports Illustrated, operated under a license from Authentic Brands Group (ABG), boosts Maven’s Sports vertical readership to more than 50 million per month, according to Google Analytics.
– Concurrent with the acquisition, Maven completed a $20 million equity financing with new and existing institutional investors, including Hunt Technology Ventures and Invenire Capital.

News North America Online Portals Social Video

Jellysmack Confirms Series C Investment from SoftBank Vision Fund 2 to Drive International Expansion

– Jellysmack has raised a Series C investment round from SoftBank Vision Fund 21.
– The investment was announced today by SoftBank Chairman & CEO Masayoshi Son during their Earnings Results Briefing for FY2020.
– The funding will accelerate Jellysmack’s international expansion and acquisitive growth as well as R&D investment in its core technology.
– In connection with the investment, Yanni Pipilis, Managing Partner for SoftBank Investment Advisers, will join the Jellysmack board of directors.
– Jellysmack combines its AI-powered technology and expertise to identify social video creators and fuel their growth by optimizing video performance, uncovering new audiences, and establishing new revenue streams across multiple platforms like Facebook, Instagram, TikTok, Snapchat, and YouTube.

Health Care Non Profit North America Social

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.

Apps North America Social Software

Ballogy Secures Series A Funding of $6 Million

– Ballogy raised $6m in Series A funding.
– The funding round included participation from Pro Golfer William Martindale, Foot Locker Board Member Gil Marmol, former COO of the NCAA James Isch, former President and CEO of the Milwaukee Brewers and Foot Locker Board Member Ulice Payne Jr., Gary Harris of the Orlando Magic, former professional baseball player Rocky Turner, Co-founder and Chairman of Siebert Brandford Shank & Co., LLC Napoleon Brandford III, Jones & Spross PLLC, and FiveRivers Technologies.
– Ballogy is a unique tracking and analytics app with a built-in certified assessment program that enables youth and amateur basketball players at any skill level to track their development and measurably improve their skills.
– Ballogy offers a development plan for all athletes at any stage in their basketball journey.

Communities Health Care North America Social

Cityblock Health Raises $192M in Series C Extension Funding

– Cityblock Health from Brooklyn, NY, is a healthcare provider for Medicaid and lower-income Medicare beneficiaries.
– The company completed a $192m Series C extension funding round.
– The round was led by new investor Tiger Global with participation from existing investors including Kinnevik AB, Maverick Ventures, General Catalyst, Wellington Management, Thrive Capital, Redpoint Ventures, Echo Health Ventures, 8VC, and AIMS Imprint of Goldman Sachs Asset Management.
– The new investment will be used to accelerate deployment of its community and value-based care model nationwide.

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