North America

Insurtech startup Breathe Life closes C$4.5 mln seed financing

Breathe Life, a Montréal-based provider of consumer-focused solutions for the insurance industry, has raised C$4.5 million in a seed-stage financing. The round was led by Diagram Ventures and joined by Real Ventures, both Canadian venture capital firms. The company is also backed by angel investors. Founded in 2017, Breathe Life provides life and health insurance carriers, distribution organizations and advisors with white-label solutions to find, convert and retain customers.

Language app ELSA fetches $7 mln Series A

Language app ELSA has secured $7 million in Series A funding. The lead investor was Gradient Ventures, Google’s AI-focused venture fund. Also, previous backers Monk’s Hill Ventures and SOSV participated in the round.

Storage startup Vast Data grabs $80 mln

Vast Data, a New York City-based storage startup, has raised $80 million in funding. The investors were Norwest Venture Partners, Dell Technologies Capital, 83 North, Goldman Sachs and a TPG Growth-sponsored investment platform.

Newpath Partners amasses $111.3 mln for new fund

Boston-based Newpath Partners has raised $111.3 million for its new venture fund, according to an SEC filing. The target is $125 million.

Bishop Fox lands $25 mln Series A

Phoenix, Arizona-based Bishop Fox, a private professional services firm focused on offensive security testing, has secured $25 million in Series A funding. The investor was ForgePoint Capital.

Botify attracts $20 mln Series B

New York City-based Botify, an enterprise organic search platform, has secured $20 million in Series B funding. Idinvest Partners led the round with participation from Ventech.

Kryon procures $40 mln Series C

Kryon, a robotic process automation company, has raised $40 million in Series C financing. Oak HC/FT led the round.

Dipsea locks in $5.5 mln seed

San Francisco-based Dipsea, an app that sells erotic short stories for women via a subscription, has raised $5.5 million in seed funding. Bedrock Capital and Thrive Capital led the round.

Motif Ingredients racks up $90 mln Series A

Boston-based Motif Ingredients, a food ingredients company, has secured $90 million in Series A funding. The investors included Breakthrough Energy Ventures, Louis Dreyfus Company, Fonterra and Viking Global Investors.

Crosslink Capital leads Series A round for GoExpedi

Houston-based GoExpedi, a new e-commerce, supply chain and analytics company, has raised $8 million in Series A funding. Crosslink Capital led the round.