Private Equity
San Francisco-based Sendoso, which helps users send gifts, notes and perishables via direct mail, announced it has raised $10.7 million in Series A funding. The round was led by David Sack’s Craft Ventures and included participation from Signia Partners, Storm Ventures, Struck Capital and Hack VC. The company, founded in 2016, has now raised $13.2 million in total funding.
1 min read · 26 February 2019
Los Angeles-based Dray Alliance, a provider of on-demand drayage services for import and export shippers, announced it has raised $3.5 million in seed-stage funding. David Sacks’ Craft Ventures led the round. The company was founded in 2017.
2 min read · 26 February 2019
YieldStreet said Feb. 26 that it raised $62 million in a Series B financing round led by Edison Partners. Greenspring Associates, Raine Ventures and a large multi-billion dollar NY family office also participated. YieldStreet, of New York, provides a digital wealth platform.
3 min read · 26 February 2019
Somerville, Massachusetts-based Tulip, a provider of a manufacturing app platform, announced it has raised an $18.4 million Series B round. Vertex Ventures US led the round, which was also backed by New Enterprise Associates and Pitango Ventures. As part of the funding, Sandeep Bhadra, a Vertex Ventures partner, will join the board.
1 min read · 26 February 2019
Santa Barbara, California-based Briq, which provides a data platform for the construction industry, announced it has raised $3.025 million in seed-stage funding led by Eniac Ventures, with participation from MetaProp NYC. The company was founded in 2017 by CEO Bassem Hamdy and CFO Ron Goldshmidt.
1 min read · 25 February 2019
Bill Maris' Section 32 has raised $199.4 million for a second venture-capital fund, according to a filing with the SEC.
1 min read · 25 February 2019
TheGuarantors, an insurtech provider for the real estate industry, has secured $15 million in Series B funding. Global Founders Capital led the round.
4 min read · 25 February 2019
China-based Gracell, a cellular gene therapy company, has secured $85 million in Series B funding. Temasek led the round with participation from Lilly Asia Ventures, Kington Capital, King Star Capital and Chengdu Miaoji.
1 min read · 25 February 2019
Affirmed Networks, a provider of virtualized mobile networks, has raised $38 million in funding. Centerview Capital Technology led the round.
1 min read · 25 February 2019
Scaleworks has closed its second flagship fund at $80 million. Based in San Antonio, Scaleworks is a B2B SaaS-focused venture firm.
2 min read · 25 February 2019
