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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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E-Commerce Food and Beverage Grocery North America Organic Food Subscription Service

Misfits Market Announces $225M Series C-1 to Accelerate Category and Market Expansion

– Misfits Market has closed a $225M Series C-1 round led by SoftBank Vision Fund 2 and with participation from Accel.
– The investment brings the company’s valuation to $2B and the overall funding raised by Misfits Market to $526.5M.
– The additional capital will be used to fuel nationwide expansion and increase the selection of items available to customers as Misfits Market builds a complete online grocery platform.
– On the heels of Misfits Market’s Series C round in April 2021 and during a pivotal period of change in the broader grocery industry, the company has experienced sustained growth as it makes headway on its mission to eradicate food deserts in America by 2025.

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Consumer Applications Food and Beverage Food Delivery Food Processing North America Subscription Service

CookUnity whips up nationwide expansion following $47M round

– CookUnity, a subscription-based meal delivery startup, raised $47m in Series B funding.
– The round was led by Insight Partners and joined by Endeavor Capital and previous investors IDCV, Fuel Ventures and Gaingels.
– The company has now raised a total of $70m since its inception in 2018.

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E-Commerce Marketplace North America SaaS Software Subscription Service

Prive Raises $1.7M in Pre-Seed Funding

– Prive is a San Francisco, CA-based eCommerce subscriptions platform.
– The company raised $1.7M in pre-seed financing.
– The round was led by Xfund and Bling Capital, with participation from Defy Partners, Halogen Ventures, Base Case Capital, and current senior Uber executives.

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App Marketing E-Commerce Mobile Mobile Apps Mobile Payments Subscription Service Western Europe

Automotive startup Upstream raises $62M Series C to scale cloud-based security

– Upstream, an automotive cybersecurity company, raised $62m in Series C funding.
– The company plans to use the fresh funds to bolster its automotive cloud-based security to ensure remote hacks like the one on a Jeep Cherokee don’t happen.
– It also intends to use the funds to expand its offerings in data analytics, insurance telematics, predictive analytics and business intelligence.

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Billing Cloud Computing Enterprise Software North America SaaS Subscription Service

Aria Systems Secures $90 Million in Growth Capital from Goldman Sachs Asset Management

– Aria Systems has secured a $90m investment.
– The capital will be used to accelerate global business expansion and deepen Aria’s penetration in strategic target markets, including the telecommunications, technology, financial services, and media and publishing industries.
– Aria continues to enjoy strong momentum and growth with new and existing clients, partnerships, and platform capabilities.

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E-Commerce Pet Subscription Service Western Europe

Tech-driven Butternut Box eats its own dog food — raises $55.4M to scale up

– Butternut Box, a London-based fresh dog food business, raised $55.4m funding.
– The round was led by L Catterton and joined by White Star Capital, Five Seasons Ventures and Passion Capital.
– The company bills itself as a “human-grade, fresh dog food company” with a “personalized dietary offering” driven by its own tech platform.

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E-Learning North America SaaS Small and Medium Businesses Software Subscription Service Training

Trainual Raises $27M Series B to Solve Onboarding and Training Pains of New Hybrid Workforce

– Trainual, a leading SaaS platform modernizing the way businesses onboard, train and scale their teams, announced that it closed a $27M Series B investment.
– Led by Altos Ventures, several new and noteworthy investors backed the latest round, including The Shark Group CEO Daymond John, Indeed Co-Founder and Chairman Rony Kahan, PandaDoc CEO Mikita Mikado, TSheets Co-Founder Matt Rissell and 8×8 CEO David Sipes.
– The round also featured continued support from Series A investors 4490 Ventures, MATH Venture Partners and PHX Ventures.
– This round follows Trainual’s $6.75 million Series A and brings the company’s total funding to $33.75 million.

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Furniture Interior Design North America Subscription Service

Oliver Space Raises $13M in Series A Funding

– Oliver Space is a San Francisco CA-based home furnishing experience company.
– The company raised $13M in Series A funding.
– The round was led by U.S. Venture Partners with participation from Mayfield Fund, Abstract VC, Expa Capital, and Burst Capital.
– The new investment will be used to invest in the company’s logistics infrastructure, expand its technology team, and further fund its marketing capabilities.

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B2B Catering Delivery Delivery Service Enterprise Software Food Delivery North America Office Administration Professional Services Subscription Service

Sharebite Completes $15 Million Series A Raise to Scale Adoption of Contactless Food Ordering for Offices as Return to Work Accelerates

– Sharebite, the leading mission-driven food ordering platform built exclusively for workplaces, announced the completion of its $15m Series A funding round to drive exponential growth and further strengthen its leadership in the corporate food ordering space.
– Impact-driven and minority-led investment firm Lafayette Square led this round along with the founders and former executives of Seamless (now part of GrubHub) and Delivery Hero, the leading European food delivery platform.
– Sharebite’s laser-focus on developing food ordering solutions for the workplace has allowed it to establish a strong foothold within the larger food delivery space.

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Coffee E-Commerce Food Processing North America Retail Subscription Service

Seattle startup Bean Box raises $2.4M as pandemic fuels demand for specialty coffee at home

– Bean Box, a Seattle startup that delivers premium coffee from independent roasters, has raised $2.4m in new funding as part of a Series A round.
– The round was led by Kirby Winfield’s Ascend.VC, with a number of other current investors participating.
– Bean Box previously raised $3.2m in seed financing.
– The startup will use the new cash for strategic growth — investing in its coffee subscription business and hiring senior leaders in marketing, engineering and operations.

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B2B North America SaaS Software Subscription Service Virtual Workforce

Firstbase Raises $13 Million Series A Funding to Eliminate the Cost and Complexity of Remote Team Provisioning

– Firstbase, a provider of remote infrastructure for global teams, announced $13m in funding, with a Series A round led by Andreessen Horowitz, with participation from B Capital Group, and Alpaca VC.
– This follows a $2m seed investment led by Alpaca in August 2018 with participation from Acceleprise, Remote First Capital and Backend Capital.
– The new capital will fuel the company’s rapid growth plans through hiring, product development and increased customer deployment.
– Firstbase also announced it has added Andreessen Horowitz’s David Ulevitch to its Board of Directors.
– Firstbase’s mission is to improve individuals’ quality of life by enabling remote work. Its software platform helps companies set up, manage, maintain and retrieve all physical equipment remote workers need to work from home comfortably and effectively.

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E-Commerce Food and Beverage Grocery North America Organic Food Subscription Service

Discount grocery startup Misfits Market raises $200M

– Misfits Market, a startup known for selling “ugly” fruits and vegetables at discount prices, announced that it has raised $200m in Series C funding.
– The company says this brings its total funding to $301.5m and moves its valuation into unicorn territory (i.e. above $1bn).
– Founder and CEO Abhi Ramesh told me that the Delanco, New Jersey-based startup has expanded beyond produce into a variety of grocery categories.

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E-Commerce Europe Rental Sharing Economy Subscription Service

Grover Raises €60M in Series B Funding

– Grover is a Berlin, Germany-based provider of consumer tech subscription solutions.
– Company secured €60m in Series B funding.
– New investors in the round were led by Jonathan Schneider at private equity firm JMS Capital-Everglen, with participation from Viola Fintech, Assurant Ventures, as well as a number of founders and angel investors from Europe and North America.
– Existing investors coparion, Augmentum Fintech, Circularity Capital, Seedcamp and Samsung Next also invested in the round, amongst others.
– The company intends to use the funds to increase market penetration, advance product innovation and accelerate international expansion.

Advertising Big Data Information Technology North America Subscription Service

Holler raises $36M to power ‘conversational media’ in your favorite apps

– Holler, a conversational media company, raised $36m in Series B funding.
– The round was led by Lightspeed Venture Partners and joined by existing investors including Accel, First Round Capital, and General Catalyst.
– The company plans to use the funding to expand its team and continue to build out its technology platform.

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Africa Automotive E-Commerce Rental Subscription Service

South Africa’s FlexClub adds $5M to seed round to scale its car subscription marketplace

– FlexClub, a South African company, has been provided with $5m to improve drivers’ experience in emerging markets.
– The company is an online marketplace that connects customers looking for flexible access to long-term cars with its partners.
– It offers car subscriptions.

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Marketplace North America SaaS Software Subscription Service

Tackle.io Closes $35M Series B Financing

– Tackle.io from Boise develops a platform to accelerate revenue generation on the Cloud Marketplaces.
– Series B funding $35m brings company valuation to $200m.
– The round was led by Andreessen Horowitz with participation from existing investor Bessemer Venture Partners.
– The new investment will be aimed at expanding the platform and business reach.

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Marketplace North America SaaS Software Subscription Service

Tackle nabs $35M Series B to help companies navigate cloud marketplaces

– Tackle, a startup that wants to help ease the process of getting a product onto one of these marketplaces, announced a $35m Series B.
– The round was led by Andreessen Horowitz with help from existing investor Bessemer Venture Partners.
– The company reports it has now raised $48.5m.
– Tackle is a startup that wants to help ease the process of getting a product onto one of these marketplaces.
– It has now raised $48.5m.

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FinTech North America Payments Subscription Service Transaction Processing

Gravy Solutions Raises $4.5M in Series A

Arlington Family Partners from the US led a $4.5m Series A funding in Gravy Solutions from London.
Arlington Family Partners was founded by former Morgan Stanley Managing Director, Brackett Darrell.
– Gravy provides technological and human expertise to reduce ‘involuntary churn,’ or the unintentional discontinuation of a subscription service due to the failure of the associated payment method.

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FinTech North America Payments Subscription Service Transaction Processing

Gravy raises $4.5M for its service that helps subscription businesses recover failed payments

– Gravy, a startup helping subscription-based businesses recover failed payments, has raised $4.5 million in Series A funding.
– The round was led by Birmingham-based Arlington Family Partners, one of the few family offices in the southeast.
– It brings Gravy to a valuation of $10 million.
– The company plans to use the new funding to expand its team and grow its client base.

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