NEW YORK — Real estate marketplace Perch has raised $30 million in first round financing. The Series A investment was led by FirstMark Capital, with Juxtapose and Accomplice also participating in the round. The capital will be used for scaling the company’s home buying marketplace and product development as Perch revolutionizes the antiquated process of […]
Funding
Zola Lands $100 Million From Corporate Investors
NEW YORK — Wedding company Zola has raised a $100 million Series D financing led by existing investor Comcast Ventures, as well as new investors NBCUniversal and Goldman Sachs Investment Partners. Total investment in Zola now stands at over $140 million. This new funding comes at a time of explosive growth and rapid expansion for […]
Rocketrip Scores $15 Million Round
NEW YORK — Rocketrip, which offers a business traveler loyalty program, has raised $15 million in Series C funding led by GV (formerly Google Ventures) with participation from existing investors Bessemer Venture Partners and Canaan Partners. To date, Rocketrip has raised $32 million in venture capital. Erik Nordlander, Partner at GV, is joining Rocketrip’s board of […]
RapidSOS Raises $16 Million
NEW YORK — RapidSOS, an advanced emergency technology company, has raised an additional $16 million in funding led by Highland Capital Partners with participation from Microsoft Ventures and CSAA Insurance Group. Microsoft Ventures and CSAA Insurance Group’s funding accelerates the work of nearly every major public safety company, technology companies powering millions of devices, and three former FCC chairmen […]
Asian Dating Site Closes $4 Million Investment
NEW YORK — East Meet East, an Asian dating website and app, has announced the closing of a $4 million Series A funding. The funds will be used for developing its AI matching systems, expanding into Asia, launching an additional site and adding more entertainment features to the platform. The investors in this round include: […]
Aetion Secures $36 Million Round
NEW YORK — Aetion, a software platform company delivering real-world analytics and evidence needed for biopharma and payers to engage in value-based care, announced it has raised $36.4 million in Series B funding. The round was led by New Enterprise Associates (NEA) and included, as a new investor, Amgen Ventures, alongside existing investors Flare Capital Partners, Lakestar, […]
Knotel Raises $70 Million From Real Estate Investors
NEW YORK — Office workspace provider Knotel has closed a $70 million Series B financing. The round was led by real estate firms Newmark Knight Frank and The Sapir Organization, and include The Wolfson Group, The Moinian Group, and Wainbridge Capital. The funding comes on the heels of rapid-fire growth for Knotel, which in just […]
Workfusion Secures $50 Million Series E
NEW YORK — WorkFusion, a company developing robotic process automation (RPA) software, has raised $50 million in Series E funding in a round led by Hawk Equity and Declaration Partners, bringing the company’s total investment to $118 million. Previous investors Georgian Partners, iNovia Capital and NGP Capital also participated. The capital will be used to […]
BetterCloud Closes $60 Million Funding
NEW YORK — BetterCloud, a developer of Software-as-a-Service (Saas) operations management platform, has closed a $60 million Series E financing round led by new investor Bain Capital Ventures. Also participating are existing investors Accel, Greycroft Partners (through Greycroft Growth), Flybridge Capital Partners, Tribeca Venture Partners, and New Amsterdam Growth Capital. This new round brings BetterCloud’s […]
UBS Commits $2 Million to Rent the Runway Foundation
NEW YORK — Investment bank UBS has made a two-year, $2 million grant to the Rent the Runway Foundation for continued expansion of Project Entrepreneur. The additional funding will help build on the program’s early success and brings the firm’s total commitment to $5 million, with the objective of leveling the playing field for female […]
Glossier Secures $52 Million Funding
NEW YORK — Beauty company Glossier Inc., has raised a $52 million Series C funding round, bringing its total funding to date at $86 million. This new round was led by existing investors IVP and Index Ventures. Glossier is best known for its proprietary portfolio of top-rated products across the skincare, makeup, body, and fragrance […]