RPM Ventures

RPM Ventures is seeking to raise $135 million for its fourth fund, according to an SEC filing.

Menlo Park, California-based Amava, a unified platform connecting empty-nesters and retirees, has secured $6.2 million in funding. RPM Ventures was the lead backer.

Westlake Village, California-based Avinew, an Insurtech company focused on autonomous and semi-autonomous vehicles, announced it has raised $5 million in seed funding. Crosscut Ventures led the round, with additional participation from American Family Ventures, Draper Frontier and RPM Ventures. The company was founded in 2016.

RPM Ventures has raised $74.4 million toward a $100 million third fund, according to a filing with the SEC.

Silicon Valley-based Hippo, a smart home insurance provider, has raised $14 million in Series A funding. Horizons Ventures led the round with participation from other backers that included RPM Ventures, Propel Venture Partners, GGV Capital and Pipeline Capital.

Financial tech startup DailyPay Inc has raised $5 million in Series A funding. RPM Ventures led the round with participation from Draper Frontier and Inspiration Ventures.

RPM Ventures is seeking to raise $100 million for its third fund, according to an SEC filing http://www.sec.gov/Archives/edgar/data/1658828/000165882816000001/xslFormDX01/primary_doc.xml Based in Ann Arbor, Michigan, RPM specializes in the automotive IT sector.

RPM Ventures led a $5.5 million Series A funding round in smart home technology company Roost. Other investors in the round include a subsidiary of financial services provider USAA, existing investor DCM Ventures as well as Center Electric and StartGarden. Along with the funding, Roost has hired Jim Van Patten as vice president operations and Richard Stark as vice president, enterprise sales.

Coterie Insurance, an insurtech company, has raised $50 million in Series B financing.

Target is in the process of buying Deliv's same-day delivery service tech assets, reported TechCrunch.

Ohio-based Coterie, an insurtech startup, has secured $8.5 million in Series A funding, according to a blog post.

San Diego-based Biproxi, an commercial real estate transaction platform, has raised $10 million in seed funding. Greycroft led the round with participation from other investors that included Newmark Knight Frank, RPM Ventures and the National Association of Realtors.

San Francisco-based Figure Technologies Inc, a fintech company in both the home equity and blockchain space, has secured $65 million in Series B funding. RPM Ventures led the round.

Austin-based Convey, an active delivery platform, has raised $10 million in funding. The investors included Silverton Partners, Techstars Venture Capital Fund, RPM Ventures and NextGen.

New York-based DailyPay, which provides employees real-time access to earned wages, has raised $9 million in Series B funding. The investors were Intercept Ventures, RPM Ventures, Inspiration Ventures and Draper Frontier.

Austin-based Convey, a delivery platform, has raised $8.25 million in Series B funding. The investors included Techstars and RPM Ventures.