Funding

Mundi Gets $100 Million Loan From Silicon Valley Bank

NEW YORK — Mundi, a financial services platform for cross-border trade, has raised a $100 million warehouse facility from Silicon Valley Bank This will enable the company to expand and support its growth. “We are very excited to partner with Silicon Valley Bank in advancing our mission to empower SMEs to trade globally,” said Martin […]

Funding

Electric Sizzles With $90 Million Series D

NEW YORK — Electric, a provider of IT technology for small and medium-sized businesses, has raised $90 million in Series D funding. Existing investor GGV Capital led the round, with participation from existing investors Bessemer Venture Partners, Primary Venture Partners, Greenspring Associates, 01 Advisors, Atreides Management, Vintage Investment Partners and Slack, bringing Electric’s total amount raised […]

Funding

Clyde Raises $41 Million Round

NEW YORK — Clyde, a product lifecycle platform, has raised $41 million, including $25 million in Series B funding and $16 million in working capital, to enable merchants to create product lifecycle programs that grow revenue and drive loyalty. The funding round was led by Headline, with participation from Vulcan, Spark Capital, Crosslink and other […]

Funding

Wattbuy Scores Additional $10 Million Funding

NEW YORK — WattBuy, a clean energy platform that helps consumers select more sustainable, affordable energy options, has raised $10 million in additional investment for its Series A round of funding. The round was led by SE Ventures, a venture capital fund backed by Schneider Electric, along with MCJ Collective. Existing investors also participating in this […]

Funding

Ohi Completes $19 Million Series A Funding

NEW YORK — Ohi, an instant commerce platform that enables brands to meet their customers’ expectations of superfast delivery in under two hours, has completed a $19 million Series A funding round. Ohi will use the funds to expand its US operations to enable near-instant delivery of everything from CPG products to luxury goods in […]

Funding Restaurant

Blank Street Coffee Rounds Up $25 Million

NEW YORK — Blank Street, a Brooklyn-based specialty coffee company with 14 micro-format locations in Manhattan and Brooklyn, has announced a $25 million Series A investment led by General Catalyst and Tiger Global, along with additional strategic investors including Neil Blumenthal and Dave Gilboa (Founders, Warby Parker), Jeff Raider (Founder, Warby Parker and Harry’s), Joey […]

Funding News

Oshi Health Reels In $23 Million Round

NEW YORK — Oshi Health, a virtual specialty care company transforming gastrointestinal (GI) health outcomes and economics, announced a $23 million Series A funding round from leading healthcare venture capital funds and individual investors. The funds will be used to rapidly scale Oshi Health’s groundbreaking virtual-first, integrated approach to GI care delivery. Oshi Health’s evidence-based, […]

Funding

Andreessen Horowitz Leads $3.7 Million Seed in Medley

NEW YORK — Medley, a platform for personal and professional growth, has landed a $3.7 million seed funding round led by venture capital firm Andreessen Horowitz, with participation from Aglaé Ventures, Foundation Capital, artist Ciara Wilson, Away CEO and co-founder Jen Rubio, Peloton SVP, Head of Global Marketing & Communications Dara Treseder, and Sanyin Siang, the Executive Director of […]

Funding

Alloy Reels In $100 Million, Valued at $1.35 Billion

NEW YORK — Alloy, which operates an identity and security platform for banks and fintech companies, has raised $100 million in Series C funding. Lightspeed Venture Partners’ Justin Overdorff led the round with participation from existing investors Canapi Ventures, Bessemer Venture Partners, Avid Ventures and Felicis Ventures, bringing the company’s valuation to $1.35 billion and the total amount raised to […]

Funding

TrialSpark Raises $156 Million Series C

NEW YORK — TrialSpark, a biotech company that looks to speed up the process of bringing new medicines to market, has raised $156 million in Series C funding. Sam Altman — former President of Y Combinator — and investor Lachy Groom led the round, with participation from new and existing investors, including Sequoia Capital (Series […]