Highland Capital Partners

Highland Capital Partners is seeking to raise $150 million for its inaugural leaders fund, according to an SEC filing.

Remote Year, a work-travel platform, has secured $5 million in funding. Lightbank led the round with participation from Highland Capital Partners.

Clearbanc, a Toronto-based provider of marketing capital for e-commerce brands, has raised about $300 million in additional financing. The equity portion, reportedly about $50 million, was led by U.S. venture capital firm Highland Capital Partners. General Partner Dan Nova will join the board. Highland was joined by Inovia Capital and Emergence Capital, both of which invested in last year’s combined $120 million financing. The balance of the new round, led by Arcadia Funds and Upper90, will capitalize a fund intended to back Clearbanc’s e-commerce clients.

Clearbanc, a Toronto-based provider of marketing capital for e-commerce brands, has raised about $395 million (US$300 million) in additional financing. The equity portion, reportedly https://www.theglobeandmail.com/business/article-dragons-den-stars-startup-gets-300-million-to-fuel-growth-of-e/ about $66 million (US$50 million), was led by U.S. venture capital firm Highland Capital Partners. It was joined by Inovia Capital and Emergence Capital, both of which invested in last year's combined $160 million (US$120 million) financing. The balance of the new round, led by Arcadia Funds and Upper90, will capitalize a fund intended to back Clearbanc's e-commerce clients. Led by co-founders and CEOs Andrew D’Souza and Michele Romanow, Clearbanc is the creator of the 20-Min Term Sheet, which offers a non-dilutive alternative to traditional funding sources.

Washington, D.C.-based WhyHotel, which provides an alternative lodging service that operates pop-up hotels​ in newly, luxury apartment buildings, announced it has raised $10 million in Series A funding. Highland Capital Partners led the round, which included participation from Camber Creek, Revolution’s Rise of the Rest Seed Fund, Mendacre, MetaProp and Geolo Capital. The company, founded in 2016, previously raised $3.9 million in seed funding.

Highland Capital Partners has raised $170.7 million toward a $300 million tenth venture-capital fund, according to a filing with the SEC.

Boca Raton, Florida and New York City-based Trilogy Education, a workforce accelerator, has secured $50 million in Series B funding. Highland Capital Partners, Macquarie Capital and Exceed Capital led the round with participation from return backers Rethink Impact, City Light Capital and Triumph Capital LLC.

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.

The managing partner of Asymmetric Capital Partners shares why he’s a fan of sous vide, sees Wyoming in his future and is skeptical about ‘the pure AI space.’

Any VC firm that thinks it doesn't have to worry about the SEC because it's an 'exempt' reporting adviser should think again. The feds are paying closer attention to ERAs and bringing more enforcement actions.

The SEC brought what appears to be a record number of enforcement actions against exempt reporting advisers in 2022, write attorneys for Goodwin Procter.

The €1bn fund is 43% bigger than its predecessor and will continue the firm's strategy of backing European growth-stage software and consumer internet companies.

Advent Life Sciences has named Dominic Schmidt and Satish Jindal as general partners.

Rent the Runway, the fashion rental platform, has gone public after pricing its 17 million shares at $21 per share. reported CNBC.

Rent the Runway, the fashion rental platform, has filed to go public, reported CNBC.

London-based Hyperexponential, an insurtech company, has raised $18 million in funding.