Patra Receives $146M Growth Equity Investment from FTV Capital
Patra Corporation, an El Dorado Hills, Calif.-based technology-enabled services company for the insurance industry, received a $146m growth investment as part of a recapitalization from FTV Capital. With this investment, Brad Bernstein, managing partner at FTV Capital, and Mike Vostrizansky, principal at FTV Capital, will join Patra’s board of directors. This funding will drive additional […]
Thai Forward raises $5M seed round led by Primestreet Capital global VC fund
Forward, a Thai digital asset and blockchain startup focusing on protocol development for decentralized derivative exchange and DeFi platform, said Monday it has successfully closed its $5 million seed round within just six months of fundraising. The round was led by RPVAF-1, a global VC fund under Primestreet Capital, Forward said in a statement. The […]
Sender Wallet Funding: It Raises US$4.5M
Sender, a NEAR-based eco-wallet, raised US$4.5m in funding. The round was led by Pantera Capital, with participation from Crypto.com, Jump Capital, Amber Group, WOO Network, SevenX Ventures, Smrti Labs, D1 Ventures, Puzzle Ventures, Shima Capital, Eniac Ventures, and GFS Ventures, as well as several notable projects in the NEAR ecosystem such as Octopus Network, Ref […]
The Predictive Index Receives $30M Investment From JM Family Enterprises
The Predictive Index, a Boston, MA-based talent optimization platform, received a $30m minority investment from JM Family Enterprises. The company intends to use the funds to accelerate enhancements to its platform. Led by CEO Mike Zani, The Predictive Index is a talent optimization platform that aligns business strategy with people strategy for optimal business results. The solution aims […]
Sigma Ratings Funding: It Raises Series A
Sigma Ratings, a NYC-based, AI-driven global risk screening and monitoring platform that powers compliant commercial relationships, raised a Series A funding round of undisclosed amount. The round was led by Mosaik Partners with participation from existing investors FinTech Collective and Contour Ventures, as well as new investor AngelList Ventures, who joined existing shareholders Fitch Ratings […]
Black Diamond Advisory Receives $25M Minority Investment from Tercera
Black Diamond Advisory, a Golden, CO-based global advisory firm for OneStream Software, received a minority investment of $25m. The investment was made by Tercera, a growth-focused investment firm specializing in cloud professional services. The company intends to use the funds to continue to build out its team of industry, functional and technical experts, expand its advisory services […]
mHUB Closes $15M Product Impact Fund I
mHUB, a Chicago, IL-based independent hardtech and manufacturing innovation center, closed its $15M mHUB Product Impact Fund I, LP. The fund was raised across 79 limited partners, mainly individual investors and some institutions. Led by Mark Tebbe, Israel Idonije, Steve Koch, Melissa Lederer, and Haven Allen, The mHUB Product Impact Fund is currently investing in […]
Diveplane Funding: Raises $25M in Series A
Diveplane, a Raleigh, North Carolina-based company keeping humanity in artificial intelligence (AI), raised $25M in Series A funding. Backers included Sigma Defense LLC, a portfolio company of Sagewind Capital, Shield Capital, Calibrate Ventures and L3Harris Technologies. As part of the agreement, Philip Bilden, Managing Partner of Shield Capital, will join the Diveplane board of directors. The company […]
Community Labs Funding : Raises $30M
Community Labs, a NYC-based Arweave*-native software development company and venture studio accelerating developer tools, use cases, and adoption of decentralized permanent data storage, raised $30m in funding. The round was led by Lightspeed Venture Partners with participation from industry leaders Arweave, Bain Capital Crypto, Blockchain Capital, Distributed Global and Road Capital Management, alongside others. The company intends to use the […]
Bessemer Venture Partners Closes Two New Funds, at $4.6 Billion
Global venture capital firm Bessemer Venture Partners closed two new funds totaling $4.6 billion. These included: $3.85 billion for its twelfth flagship fund, BVP XII, and $780 million for its inaugural BVP Forge fund. These two new funds allow the firm to back entrepreneurs and management teams across all stages of growth, regardless of maturity or structure. […]