Private Equity

North America

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.

1 min read · 15 May 2019

Tiger Global leads Series B round for Karat

Seattle-based Karat, which conducts technical interviews on behalf of companies, has raised $28 million in Series B funding. Tiger Global Management led the round with participation from return backers Norwest Venture Partners and 8VC.

1 min read · 15 May 2019

Tiger Global leads Series B round for Karat

Seattle-based Karat, which conducts technical interviews on behalf of companies, has raised $28 million in Series B funding. Tiger Global Management led the round with participation from return backers Norwest Venture Partners and 8VC.

1 min read · 15 May 2019

VC-backed Zipari recruits Poling as chief product officer

Brooklyn, New York-based Zipari, an insurance software startup, has named Mark Poling as chief product officer. Zipari is backed by Vertical Venture Partners.

2 min read · 15 May 2019

Phathom Pharmaceuticals grabs $90 mln

Menlo Park, California-based Phathom Pharmaceuticals, a newly launched biopharmaceutical company focused on treating gastrointestinal diseases and disorders, has secured $90 million in funding. Frazier Healthcare Partners led the round with participation from other investors that included Medicxi, RA Capital Management, Abingworth, certain accounts managed by Janus Henderson Investors, BVF Partners LP, Greenspring Associates, Richard King Mellon Foundation and Sahsen. Also, Phathom has secured a $50 million term loan facility from Silicon Valley Bank.

5 min read · 15 May 2019

Phathom Pharmaceuticals grabs $90 mln

Menlo Park, California-based Phathom Pharmaceuticals, a newly launched biopharmaceutical company focused on treating gastrointestinal diseases and disorders, has secured $90 million in funding. Frazier Healthcare Partners led the round with participation from other investors that included Medicxi, RA Capital Management, Abingworth, certain accounts managed by Janus Henderson Investors, BVF Partners LP, Greenspring Associates, Richard King Mellon Foundation and Sahsen. Also, Phathom has secured a $50 million term loan facility from Silicon Valley Bank.

5 min read · 15 May 2019

Mobile Klinik lands $27.5 Series C round, CBGF acquires stake

Mobile Klinik, a Toronto-based professional smartphone and tablet repair chain, has raised $27.5 million in a Series C financing. The round, which brings total funding to $44 million, was led by unidentified investment funds and included a minority investment from Canadian Business Growth Fund (CBGF). Kensington Capital Partners led Mobile Klinik's $6.85 million Series B round in 2017. Launched in 2015 by Canadian wireless and retail executives Rob Bruce, Ken Campbell, Alain Adam and Naaman Zorub, Mobile Klinik operates from locations in shopping malls and other high-traffic retail locations. It will use the deal's proceeds to complete a planned roll-out of 200 Canadian stores by 2022.

3 min read · 15 May 2019

Fintech startup Koho raises $42 mln in Portag3-led Series B round

Toronto-based financial technology startup Koho has secured $42 million in a Series B financing. Portag3 Ventures, an investment arm of Canadian holding company Power Corp, led the round. It was joined by U.K. growth equity firm Greyhound Capital and other strategic investors. Portag3 also led Koho's $8 million round in 2017. Led by CEO Daniel Eberhard, who co-founded the company in 2014, Koho provides an integrated app and reloadable card to help more than 120,000 Canadian customers manage and gain insights about their spending and saving. Koho will use the funds raised to accelerate growth and develop new products and services.

3 min read · 15 May 2019

Fintech startup Koho raises $42 mln in Portag3-led Series B round

Toronto-based financial technology startup Koho has secured $42 million in a Series B financing. Portag3 Ventures, an investment arm of Canadian holding company Power Corp, led the round. It was joined by U.K. growth equity firm Greyhound Capital and other strategic investors. Portag3 also led Koho's $8 million round in 2017. Led by CEO Daniel Eberhard, who co-founded the company in 2014, Koho provides an integrated app and reloadable card to help more than 120,000 Canadian customers manage and gain insights about their spending and saving. Koho will use the funds raised to accelerate growth and develop new products and services.

3 min read · 15 May 2019

Ex-Shepherd GP's Cure8 Ventures raises $2.6 mln toward VC fund

Cure8 Ventures has raised $2.6 million toward a venture-capital fund, according to a filing with the SEC.

1 min read · 14 May 2019

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