Funding

NEW YORK — Private equity firm Sycamore Partners says it has closed its third fund, Sycamore Partners III, L.P. (“Fund III”), with $4.75 billion of limited partner capital commitments. Sycamore Partners is based in New York specializing in consumer and retail investments. Sycamore has an investor base of prominent endowments, foundations, funds of funds, family offices, insurance companies, pension plans […]

NEW YORK — Centivo, which is developing a new type of health plan for employers, has raised $34 million in Series A funding.  Bain Capital Ventures led the financing round, with additional investments from F-Prime Capital Partners, Maverick Ventures, Bessemer Venture Partners, Ingleside Investors, Rand Capital (NASDAQ: RAND), Grand Central Tech Ventures, Oxeon Investments, and several individual investors, including industry […]

NEW YORK — Pipedrive, a developer of sales and Customer Relationship Management (CRM) software, has closed a $50 million Series C round led by new investor Insight Venture Partners and existing investor Bessemer Venture Partners, with additional participation from existing investors Rembrandt Venture Partners and Atomico. Pipedrive plans to use the money to expand research […]

NEW YORK — Grailed, an online marketplace for curated men’s clothing, has closed a $15 million Series A investment round led by Index Ventures, with added participation from Thrive Capital and Simon Ventures. The new investment brings the company’s total funding to about $20 million and will allow the company to enhance the customer experience, […]

NEW YORK — Kustomer, a developer of a Customer Relationship Management (CRM) platform, has raised $26 million in a Series B financing round, bringing its total funding to $38.5 million. Redpoint Ventures led the round with participation from Series A investors Canaan Partners, Boldstart Ventures, and Social Leverage. Cisco Investments also joined as a new strategic investor. […]

BROOKLYN — Gotham Greens, an operator of urban greenhouses and grower of indoor produce, has closed $29 million in Series C equity funding. The new round brings the company’s total funding until date to $45 million, not including bank debt. Since its launch in 2011, Gotham Greens has grown from a single urban rooftop greenhouse in Brooklyn to a multi-state indoor farming […]

NEW YORK — Reonomy, a provider of commercial real estate (CRE) data and analytics, has secured $30 million in Series C funding, led by Sapphire Ventures with participation from existing investors Bain Capital Ventures and Softbank Capital. Reonomy has now raised $68.4 million in funding to date, and has quickly established itself as one of the […]

NEW YORK — Zurich Insurance Group has made an undisclosed investment in CoverWallet, a NY startup that makes it easy for businesses to understand, buy, and manage insurance online. Zurich has acquired a minority stake in the company. The investment follows a commercial partnership between CoverWallet and Zurich in Europe that was announced in February. Through the […]

NEW YORK — Breather, a provider of flexible and private workspace, has raised approximately $45 million in fresh financing led by Menlo Ventures and other firms including Canadian pension fund la Caisse de dépôt et placement du Québec (“la Caisse”), Ascendas-Singbridge and Singapore national fund Temasek. Breather has raised nearly $120 million to date, with locations […]

NEW YORK — Hello Alfred, a New York-based service technology company building the first in-home assistant service, has closed a $40 million Series B funding round. The new investment was led by a syndicate of strategic partners, including real estate developers Divco West and Invesco. Early investors, including New Enterprise Associates (NEA) and Spark Capital, also […]

NEW YORK – Dreams, a TV app designed for your phone, launched publicly last month with ten mobile TV channels offering live news and entertainment. The app’s made-for-mobile TV channels were built in collaboration with media partners including Discovery and Bloomberg Media Distribution, and include content licensed from BBC Studios. Dreams also announced it has raised […]

NEW YORK — Paxos, a financial technology company utilizing blockchain, has closed a $65 million Series B round of financing. The round was led by existing investors including Liberty City Ventures, RRE Ventures, Jay Jordan and others. Paxos has now raised a total of $93 million in capital to date. The company is using the new resources to significantly scale operations and […]

NEW YORK — Cuebiq, a developer of offline location intelligence, has secured $27 million in Series B financing co-led by Goldman Sachs Principal Strategic Investments (PSI), Nasdaq Ventures, DRW Venture Capital, Tribeca Venture Partners and existing investors Tribeca Angels and TLcom Capital. In connection with the financing, Brian Hirsch, co-founder and Managing Partner at Tribeca […]

NEW YORK — Maisonette, an online destination for baby and children’s fashion, has completed an oversubscribed $15 million Series A round of financing. The company’s previous seed investor, New Enterprise Associates (NEA) has returned to lead Maisonette’s first official round of funding. Pritzker Group Venture Capital and John Fisher of Draper Fisher Jurvetson are new investors in this round. Additional investors […]

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 […]