Bain Capital related stories
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Corvus nets $10 mln Series ABoston-based Corvus, an insurtech company, has secured $10 million in Series A funding. The lead backers were.406 Ventures and Hudson Structured. Bain Capital Ventures also participated in the round. In connection with the financing, Graham Brooks, a partner at .406 Ventures, will join the Corvus board of directors.
- Bain Capital Ventures leads Series C round for Wonolo
San Francisco-based Wonolo, an on-demand staffing platform, has secured $32 million in Series C funding. Bain Capital Ventures led the round with participation from other investors that included DAG Ventures, Sequoia Capital, Base10, AMN Healthcare and Cendana. In conjunction with the funding, Bain Capital Ventures' Jamison Hill has also joined Wonolo's board of directors.
- Bain Capital Ventures closes $1 billion fund amid venture fund-raising frenzy: Reuters
Bain Capital Ventures, the venture capital division of the eponymous Boston-based investment firm, said it has raised a new $1 billion fund to invest in startups, adding to a year of big-dollar fund-raising by tech investors.
- Idelic lands $2 mln in Bain Capital Ventures-led round
Pittsburgh-based Idelic, a data and analytics platform for improving safety in the transportation industry, has raised $2 million in financing. Bain Capital Ventures led the round with participation from TDF Ventures, SaaS Venture Capital, Birchmere Ventures and M25 Group in the financing. In conjunction with the financing, Kevin Zhang of Bain Capital Ventures and Idelic co-founder Nick Bartel joined Idelic's board of directors.
Bridges looks to make HNWI impact with family office hireBonny Landers previously served as head of sustainable, responsible and impact investment at London-based multi-family office Sandaire.
Pan-Asia mega funds to boost Asia dry powderInvestor appetite for the region shows no sign of slowing and fundraising is increasingly being driven by the number of large-cap funds betting on a rising consumer class.
German state-backed impact fund tackles extreme weatherSwitzerland's BlueOrchard is planning an interim close in January for an impact fund targeting climate insurance businesses in emerging markets.