Nestle Leads $77 Million Round in Freshly


Nestlé USA has led a $77 million round of new funding for Freshly, a New York company that makes healthy prepared meals sent directly to customers. Freshly currently supplies consumers in 28 states with weekly shipments of meals. As the lead investor, Nestlé is entering an online prepared meals market that is currently $10 billion in size in the United States and …

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Casper Raises $170 Million Series C Funding


NEW YORK — Casper, a maker of fine mattresses, has closed a $170 million Series C investment round led by national retailer Target. Other investors include Tresalia, IVP, Norwest, Lerer Hippeau Ventures, NEA, and Irving Capital. The company also has some notable celebrity entertainers and athletes joining the round — including Kevin Spacey, Curtis “50 Cent” Jackson, Carmelo Anthony, Kyrie Irving, Shaun White, …

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Policy Genius Secures $30 Million


NEW YORK  – PolicyGenius, a consumer insurance startup based in NY, has closed a $30 million Series C funding round led by Norwest Venture Partners with participation from all existing investors including Revolution Ventures. Investors from previous rounds also participated in this Series C round including Karlin Ventures, Susa Ventures, AXA Strategic Ventures, Transamerica Ventures and …

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Peloton Cycles Away With $325 Million


NEW YORK — Peloton, a company revolutionizing the fitness industry through its indoor cycling bike and studio content, has closed a $325 million series E financing round from numerous top investors. The round was led by Wellington Management, Fidelity Investments, Kleiner Perkins, and True Ventures. Other significant investors in this round included Comcast NBCUniversal, GGV …

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Slice for Pizzerias Raises $15 Million


NEW YORK — Slice, an online platform for independent pizzerias, has raised a $15 million Series B funding round led by GGV Capital with participation from existing investor Primary Ventures. The company has raised $20 million to date. Founded in 2010 by Ilir Sela, Slice is an online and mobile pizza ordering platform that connects …

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Citi Invests in Axoni


NEW YORK — Axoni, a leading provider of distributed ledger technology to the financial services industry, announced that Citi has joined its Series A funding round, bringing the total amount raised to over $20 million. Citi joins a noteworthy group of Series A investors, including Wells Fargo, NEX Group, J.P. Morgan, Goldman Sachs, Thomson Reuters., …

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Hearst Leads $75 Million in Funding in Kobalt Music


NEW YORK — Kobalt, a global music rights company based in NY, has raised $75 million in growth capital. The Series D round was led by Hearst Entertainment with participation from Balderton Capital and MSD Capital. Kobalt, which represents many of the world’s top artists, publishers and songwriters, will use the new funding to expand its …

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ServiceChannel Raises $54 Million from Accel


NEW YORK – ServiceChannel, a software-as-a-service platform for facilities management, has raised a $54 million growth financing round led by venture capital firm Accel. The company will use the funding to accelerate the transformation of an $85 billion facilities and contractor management market to a more modern, data-driven and automated approach. Accel partners Rich Wong …

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Convene Secures $68 Million Series C


NEW YORK — Convene, the “workplace-as-a-service” platform that operates a network of on-demand meeting and event venues, has reached an agreement to raise $68 million in a Series C funding. The new round brings the company’s total funding to-date to $119.2 million. Brookfield Property Partners, one of the largest commercial real estate companies with $65 …

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Quovo Raises $10 Million in New Funds


NEW YORK –– Quovo, a data platform providing insights and connectivity for financial accounts, today announced it has raised $10 million in Series B funding. F-Prime Capital and Napier Park Financial Partners co-led the round and were joined by existing investors, FinTech Collective and Long Light Capital. Quovo will use the funds to accelerate the …

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Blink Health Adds $90 Million


NEW YORK — Blink Health has raised a $90 million Series B led by 8VC, bringing its total financing to date at $165 million. 8VC also led Blink Health’s $75 million Series A last year and has been a strong supporter since the company’s inception. Blink Health will use the capital to accelerate the company’s …

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MakeSpace Makes Room for $30 Million Investment


NEW YORK – MakeSpace, a full-service storage provider that picks up, stores and brings back your belongings, has raised a $30 million Series C round led by 8VC. Existing investors Upfront Ventures, Harmony Partners, and Summit Action also participated. The capital will be used to scale the business and further develop the company’s logistics technology …

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Nasdaq to Launch Venture Investment Program


NEW YORK — Nasdaq (Stock:NDAQ), which operates the Nasdaq stock exchange, is launching its own venture investment fund. Nasdaq Ventures will be dedicated to investing in and partnering with unique financial technology (fintech) companies worldwide. The program’s main objective is to identify and collaborate on new technologies and groundbreaking services and solutions which align with …

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Housing Rental Service Bedly Gets $2.7 Million


NEW YORK and CAMBRIDGE, MA — Bedly, a platform that provides a network of end-to-end rental housing services, has raised $2.7 million in venture capital.  The seed funding was led by Accomplice with participation from Founder Collective and several angel investors. The funding will be used to increase members (renters) and increase housing inventory in New …

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