Private Equity
Sierra Ventures, an early-stage tech venture firm, has closed its twelfth fund at $215 million. The fund's limited partners include best endowments, pension funds and corporations.
3 min read · 18 July 2019
Phreesia, a patient intake management platform, has debuted its IPO after pricing its over 9.2 million shares at $18 per share. The stock began trading July 18, 2019 on the New York Stock Exchange under the ticker symbol "PHR." J.P. Morgan, Wells Fargo Securities and William Blair are the lead underwriters. Phreesia’s pre-IPO backers included LLR Partners, HLM Venture Partners, Polaris Partners, Ascension Ventures, Echo Health Venture and Blue Cross Blue Shield Venture Partners.
3 min read · 18 July 2019
Foster City, California-based Mirum Pharmaceuticals, a clinical-stage therapeutics company focused on treating cholestatic liver diseases, has raised $75 million for its IPO after pricing its 5 million shares at $15 per share. The stock began trading July 18, 2019 on the NASDAQ under the ticker symbol "MIRM." Citigroup, Evercore ISI and Guggenheim Securities are the lead underwriters. Mirum's pre-IPO backers included NEA, Deerfield Management, Frazier Healthcare Partners, Novo Holdings, Pappas Capital, RiverVest Venture Partners and Rock Springs Capital.
2 min read · 18 July 2019
India-based MyMoneyMantra, a financial services marketplace, has raised $15 million in funding, according to a blog post on its site. The backer was IFSD BV advised by Vaalon Capital.
1 min read · 18 July 2019
Momentus, a provider of in-space shuttle services for moving satellites between orbits, has raised $25.5 million in Series A funding, according to an announcement. Prime Movers Lab led the round with participation from other investors that included Y Combinator, the Lerner Family, the University of Wyoming Foundation, Quiet Capital, Mountain Nazca, ACE & Company, Liquid 2 Ventures and Drake Management.
1 min read · 18 July 2019
Stifel Financial Corp has launched a venture backing and lending business that will provide debt capital financing and commercial banking solutions to growth companies and their backers. Brad Ellis and Nathaniel Stone will lead Stifel Venture Banking and Lending Group.
4 min read · 18 July 2019
Silicon Valley-based VComply, a GRC management platform, has secured $2.5 million in seed funding. Accel led the round.
3 min read · 18 July 2019
N26, a German mobile banking platform, has secured $170 million in funding. The investors included Insight Venture Partners, GIC, Tencent, Allianz X, Valar Ventures, Earlybird Venture Capital and Greyhound Capital.
3 min read · 18 July 2019
Trinity Ventures has promoted John Lin to principal. The early-stage tech venture firm has hired Prakash Ramamurthy as operating partner and Lisa Coca has joined as an executive-in-residence.
3 min read · 18 July 2019
Paramus, New Jersey-based Nuvolo, a workplace management company, has raised $12 million in Series B funding. Kaiser Permanente Ventures led the round with participation from GE Ventures, New Enterprise Associates and ServiceNow Ventures.
1 min read · 18 July 2019
