US

NFP Ventures backs behavioral economics startup Wellth

Wellth, a behavioral economics startup, has secured an undisclosed amount of funding. The investor was NFP Ventures.

Wilf family forms WISE Ventures

Minnesota Vikings owners Mark and Zygi Wilf and the Wilf family have launched WISE Ventures, an investment fund based in Manhattan. WISE will focus on making early and growth-stage investments in the sports, entertainment and real estate industries.

Visla Labs inks $3 mln seed

San Francisco-based Visla Labs, an AI medical diagnostics platform for radiology, has raised $3 million in seed funding. Lux Capital led the round.

Intabio picks up $9.5 mln Series A

Silicon Valley-based Intabio Inc, a provider of an analytical platform for the development of biotherapeutic drugs, has raised $9.5 million in Series A financing. Northpond Ventures led the round with participation from other investors that included Genoa Ventures and Vertical Venture Partners.

VC-backed Reduxio taps Wall as board chairman

Palo Alto, California and Tel Aviv-based Reduxio, a hybrid storage company, has named Mike Wall as chairman of its board of directors. Previously, Wall was chairman and CEO of Amplidata. Reduxio is backed by C5 Capital Cloud Partners, Jerusalem Venture Partners, Viola Ventures, Intel Capital and Seagate Technology PLC.

Backstop Solutions procures $20 mln

Chicago-based Backstop Solutions, a cloud-based productivity suite provider for the institutional investment industry, has closed $20 million in financing. The investors included veteran investor Roger Kafker, Tao Huang, former COO of Morningstar, David Bradley, president of Huizenga Capital Management and Vistara Capital Partners. Financial Technology Partners was strategic and financial adviser to Backstop Solutions on the transaction.

Think Research lands over $25 mln

Toronto-based Think Research, a digital healthcare platform provider, has secured over $25 million in funding. The investors were Fidelity Investments Canada ULC, Kayne Partners, Canaccord Genuity Group Inc. and National Bank of Canada. The capital infusion will be used for product development and market expansion.

Conversica nabs $31 mln Series C

Foster City, California-based Conversica Inc, a provider of conversational artificial intelligence for business, has secured $31 million in Series C funding. Providence Strategic Growth Capital Partners L.L.C. led the round with participation from other return backers Toba Capital, Kennet Partners, CIBC Innovation Banking and Savano Capital Partners.

Sentieo raises $19 mln led by Centana

San Francisco-based Sentieo, provider of financial research platform, announced that it has raised $19 million in Series A funding. Centana Growth Partners led the financing, which included existing investors.

Glasswing leads $5.5 mln funding of AI marketing company Zylotech

Cambridge, Massachusetts-based Zylotech, a provider of AI-driven customer analytics for marketers, announced it has raised $5.5 million in funding. Glasswing Ventures led the round, which included Geekdom, Revel Partners and Rubicon Ventures. The company also announced that Rudina Seseri, founder and managing partner of Glasswing, has joined the board. Zylotech was spun out of MIT and officially launched in 2017.