US

Milk Stork raises $900,000

Milk Stork has raised $900,000 in seed financing led by Clif White Road Investments. The Urban Innovation Fund and angel investors participated in the round. Milk Stork is a breast milk shipping company.

SEMrush raises $40 mln

SEMrush said April 24 that raised $40 million in funding led by Greycroft, Siguler Guff, and e.ventures. SEMrush provides competitive intelligence and an analytics platform for digital marketing professionals.

Venrock healthcare survey shows pessimism on drug pricing

Skepticism remains high that the drug pricing debate will lead to action despite the FDA vowing to combat high drug prices. That was one of the findings in a survey of 300 healthcare experts conducted by the venture firm Venrock. A majority of those polled said that they believe there will still be more talk than action on prescription drug prices, with 19 percent believing that nothing will happen with prescription drug prices.

Five tips to ensure your portfolio companies are audit ready

Savari raises $12 mln from Aviva Ventures, SAIC Capital, Flex, other

Savari said it raised $12 million of Series B funding in a round led by Aviva Ventures, the corporate venture capital arm of insurer Aviva. Existing investors SAIC Capital and Flex participated in the financing, along with an unnamed strategic investor.

Rally Ventures to raise $150 mln third venture fund

Rally Ventures has set out to raise a $150 million third venture capital fund, according to a filing with the SEC.

Improvado.io raises $3 mln seed round

Improvado.io said it raised a $3 million seed round from 15 individual investors, including Jeff Epstein of Bessemer Venture Partners, Ethan Beard of Greylock Partners and Charlie Songhurst of Katana Capital.

SidelineSwap scores $5 mln in Series A round

Boston-based SidelineSwap, which provides an online marketplace for athletes to buy and sell sports gear and equipment, said it has raised $5 million in Series A funding. Global Founders Capital led the round, with participation from David Robinson’s Admiral Capital, Peak6 Sports, RiverPark Ventures, FJ Labs and The Player’s Impact, a group of professional athletes and Olympians. The company, founded in 2015, has now $8.9 million in total funding.

SalesHero reveals it has raised $4.5 mln in seed funding

San Francisco-based SalesHero, which provides an AI-powered sales assistant, announced it has raised $4.5 million in seed funding from Baidu Ventures, CometLabs and CherryVentures. Signals Venture Capital, an enterprise-focused fund investor based in Berlin, also participated in the round. The company was founded last year by CEO Stefan Groschupf, former CEO and founder of Datameer.

MadDog Ventures Fund I raises $26.7 mln

MadDog Ventures said April 23 that its first venture capital fund raised $26.7 million, exceeding its $25 million target. MadDog, of Birmingham, Michigan, invests in companies that are developing and marketing cloud-based business applications.