New York-based RapidSOS, a provider of emergency technology, announced it has raised an additional $16 million in funding led by Highland Capital Partners. Microsoft Ventures and CSAA Insurance Group also participated in the funding. RapidSOS, founded in 2013, has now raised more than $30 million in funding.
1 min read · 18 April 2018
3 min read · 18 April 2018
Los Gatos, California-based Parade Ventures has filed to raise $25 million for its inaugural fund, according to a regulatory filing. The firm is led by Shawn Merani, an angel investor and a co-founder and partner at Flight Ventures. Merani was an investor in Dollar Shave Club and Cruise Automation, according to his AngelList profile. Parade's website at www.parade.vc features only a landing page.
1 min read · 17 April 2018
San Francisco-based Harbor, which provides a platform and compliance protocol to standardize the way private securities are issued and traded on blockchains, announced it has raised $28 million in new funding. Founders Fund led the funding round, which included participation from new investors Andreessen Horowitz and Pantera Capital, as well as existing investors Craft Ventures, Vy Capital and Valor Equity Partners. Other new investors in the round included Future Perfect Ventures, 1confirmation, Abstract Ventures and Signia Venture Partners. Individual investors in the round included Nicolas Berggruen of Berggruen Holdings, Napoleon Ta of Founders Fund and Kyle Samani and Tushar Jain of Multicoin Capital. The company was founded in 2017 and has now raised more than $40 million in funding.
1 min read · 17 April 2018
New York-based Imaginary Ventures announced it has closed its inaugural fund with $75 million in commitments. The early-stage firm invests in the beauty, wellness, food and beverage, lifestyle and fashion sectors. Its portfolio includes, among others, Appear Here, Dirty Lemon, Farfetch, Hum Nutrition and Universal Standard. Imaginary was co-founded by Natalie Massenet, who in 2015 resigned from luxury e-tailer Net-A-Porter, and Nick Brown, who most recently was a partner at 14W Venture Partners in New York. Other team members include Kelly Dill, an investment principal who previously was at Glossier and Uber, and CFO Katherine O’Neil, previously at CRV and Founder Collective.
1 min read · 17 April 2018
2 min read · 16 April 2018
Sherman Oaks, California-based Muse Capital is seeking to raise $20 million for its early-stage fund, according to a regulatory filing. The firm is led by Founding Partners Assia Grazioli-Venier and Rachel Springate. Investments include LeafLink, which provides a commerce platform for the cannabis industry, and BeautyCon, which operates a beauty and fashion website.
1 min read · 16 April 2018
Entrepreneur Nuno Sebastiao has joined Oak HC/FT as a senior adviser to the firm's fintech team. Sebastiao will help the firm identify and invest in the fintech sector. Sebastiao is co-founder and chief executive of San Mateo, California-based Feedzai, an existing Oak HC/FT portfolio company that provides risk management solutions for banks using artificial intelligence technology.
1 min read · 13 April 2018
New York-based early-stage investor Lerer Hippeau has raised $150 million for its sixth fund, according to a regulatory filing. The commitments came from 49 investors, the filing shows. Lerer Hippeau is separately raising a $50 million select fund for follow-on investments in its portfolio, according to a separate filing in December. But no update on that fund is available.
1 min read · 12 April 2018
San Francisco-based Checkr, a provider of compliant background checks, announced it raised $100 million in Series C funding. T. Rowe Price Associates led the round, which included participation from existing investors Accel and Y Combinator. The company has now raised $150 million in total financing.
1 min read · 12 April 2018
