Archivio Categoria: equity

Caris Life Sciences Raises $830M in Growth Equity Funding

USA – Caris Life Sciences, an Irving, Texas-based innovator in molecular science and artificial intelligence (AI) focused on fulfilling the promise of precision medicine, raised $830m in growth equity funding at a post-money valuation of $7.83 billion. The round was led by Sixth Street, with participation from funds and accounts advised by T. Rowe Price Associates, Inc., […]

Remitly Receives Equity Investment from Visa

USA – Remitly, a Seattle, WA-based mobile-first provider of remittances and financial services for immigrants, received an equity investment from Visa.  The amount of the deal was not disclosed.Further advancing their partnership, Remitly is also extending an earlier partnership with Visa, to integrate Visa Direct, Visa’s real-time push payments platform, to help enable Remitly customers in the United States to send […]

Mighty Networks Raises $50M in Equity Funding

USA – Mighty Networks, a Palo Alto, Calif.-based SaaS platform for creators and brands to start and grow communities, closed a $50M Series B funding round. The round was led by Owl Ventures with Ziff Capital Partners and LionTree Partners joining existing investors Intel Capital, Marie Forleo, Gretchen Rubin, Dan Rosensweig, Reid Hoffman, BBG Ventures, Lucas Venture Group, and Great Oaks Venture Capital.The […]

InterWell Health Closes Over $46M Series B Equity Funding

USA – InterWell Health, a Waltham, Mass.-based physician organization focused on the renal industry, closed a Series B round of equity funding of over $46m. This private offering brings together more than 1,000 nephrologist investors representing 55 nephrology practices in 31 states into InterWell Health. Founded in December 2019 and led by Kim Sonnen, President, and George Hart, […]

Plex Raises $50M in Growth Equity Funding

USA – Plex, a Los Gatos, CA-based streaming media platform for free movies, TV, and entertainment, closed a $50m growth equity funding round. Existing backer Intercap provided the financing, which included approximately $15m in new capital with the remainder of the funds used to purchase shares and options from employees and shareholders. As part of […]

Crosspoint Capital Partners Closes Maiden Private Equity Fund, at $1.3 Billion

USA – Menlo Park, CA and Boston, MA-based private equity firm Crosspoint Capital Partners, LP, closed Crosspoint Capital Fund I, its first investment fund, at $1.3 billion. The vehicle is focused on the cybersecurity, privacy and infrastructure software sectors, making control buyouts, minority growth equity investments, as well as corporate carve-outs and structured investment opportunities.Led […]

Battery Resourcers Closes $20M Series B Equity Funding

USA – Battery Resourcers, a Worcester, MA-based vertically integrated lithium-ion battery recycling and manufacturing company, recently completed a $20m Series B equity funding. The round was led by Orbia Ventures, the venture capital arm of the multinational Orbia, with participation from other investors including At One Ventures, TDK Ventures, TRUMPF Venture, Doral Energy-Tech Ventures and Jaguar Land Rover’s InMotion Ventures.Founded in 2015 as a spinout […]

Elevate K-12 Raises Growth Equity Funding

USA – Elevate K-12, a Chicago, IL-based edtech company that brings high-quality live streaming instruction into K-12 classrooms, closed a strategic funding led by growth equity firm Arsenal Growth Equity. The amount of the deal was not disclosed. The company intends to use the funds to accelerate growth to bring teaching to classrooms nationwide and […]

Second Closet Secures CAD$20M in Equity Financing

USA – Second Closet, a Toronto, Canada-based self-storage company, raised CAD$20m in equity funding. The round, which brings the total funds raised to date to $35.2m, was led by Whitecap Venture Partners alongside new investor Intact Ventures, with participation from MIG, Michael Hyatt, and Cowie Capital Partners. In conjunction with the funding, Intact Ventures will join the Second Closet […]

TripleLift Receives Majority Investment from Vista Equity Partners

USA – TripleLift, a NYC-based advertising technology platform, received a majority investment from Vista Equity Partners. The amount of the deal – expected to close in the second quarter of 2021 – was not disclosed. The company intends to use the funds to accelerate global growth.Founded in 2012 by Eric Berry, CEO, TripleLift is a programmatic advertising […]