North America

Venture-backed Nest Wealth acquires Razor Logic Systems

Toronto-based online wealth platform Nest Wealth has acquired Razor Logic Systems, a St. Albert, Alberta-based provider of financial planning software. No financial terms were disclosed. Founded in 2011 by CEO Dave Faulkner, Razor is the maker of financial planning solution RazorPlan. Nest Wealth said the acquisition will add financial planning capabilities to its business-to-business digital wealth management offering. Founded in 2014 by CEO Randy Cass, Nest Wealth has secured financing from National Bank of Canada, which made a $6 million minority investment in 2017, and Metroland Media Group Ltd.

Bedrock targets $350 mln for sophomore fund

Bedrock Capital is seeking to raise $350 million for its second fund, according to an SEC filing. The New York City-based early-stage venture firm was co-founded by Geoff Lewis, formerly of Founders Fund and Eric Stromberg, formerly of Google.

JVP and Mars form partnership

Jerusalem Venture Partners has teamed up with Mars Inc to pursue tech solutions for global, food, agriculture and nutrition challenges. According to the details of the collaboration, Mars will back Israeli startups and the formation of companies while also working with Israeli academic institutions.

ENGAGE Talent procures $3.5 mln

Charleston, South Carolina-based ENGAGE Talent, an AI-powered talent data and intelligence platform, has raised $3.5 million in funding. High Alpha Capital and Grand Ventures led the round.

MainStreaming lands $6 mln

MainStreaming, a technology provider enabling broadcasters, media and enterprise companies to provide online streaming, has secured $6 million in funding. Indaco Venture Partners SGR led the round with participation from Sony Innovation Fund and return backer United Ventures.

MainStreaming lands $6 mln

MainStreaming, a technology provider enabling broadcasters, media and enterprise companies to provide online streaming, has secured $6 million in funding. Indaco Venture Partners SGR led the round with participation from Sony Innovation Fund and return backer United Ventures.

Skincare brand BioClarity nabs $13 mln

San Diego-based BioClarity, a skincare brand, has secured $13 million in funding. Prolog Ventures led the round.

Skincare brand BioClarity nabs $13 mln

San Diego-based BioClarity, a skincare brand, has secured $13 million in funding. Prolog Ventures led the round.

Phil Inc scores $25 mln Series B

San Francisco-based Phil Inc, a technology platform for distributing and managing specialty prescription drugs, has raised $25 million in Series B funding. GreatPoint Ventures led the round with participation from Tarsadia Investments, Crosslink Capital and Uncork Capital.

Solera Health inks $42 mln Series C

Phoenix-based Solera Health, a health network, has secured $42 million in Series C funding. HCSC Ventures led the round.