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E-commerce solution provider Graas bags $40 million as its first close of Series A funding round

Graas, an e-commerce solution provider also known as Growth-as-a-Service, announced the funding of $40 million as the first close of its Series A round, which was sponsored by Galaxy (a Kejora-led SPV), Performa (a multibillion-dollar European asset manager-led SPV), Integra Partners, Yuj Ventures (the Xander Group), and AJ Capital. The round also included a number […]

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A touch-up for Glambook’s bank balance, as it aims to be Airbnb for beauty professionals

In the world of beauty, independent professionals often end up renting a chair in a salon. Glambook reckons that market is ripe for some tech-forward disruption, not dissimilar from renting a chair in someone’s car (Uber) a desk in someone’s office (WeWork) or a room with a view in someone’s house (Airbnb). The company raised […]

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Bounty raises $4.7M to help everyday TikTokers make money from reviews

Bounty, an online service that helps TikTok creators monetize brand reviews and recommendations, announced today it closed on a $4.7 million seed round led by early-stage consumer tech VC firm M13. The new service, currently in beta, is designed for everyday TikTok users — not just professional creators — who want to earn money by […]

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Balance raises $56M to tip the one-click checkout scales in favor of B2B merchants

There are many companies bringing one-click checkout to the direct-to-consumer marketplace, but few are developing similar tools for the business-to-business marketplace. B2B payment volume is five times the size of business-to-consumer retail payments, yet much of those payments are not being done online. That’s where Balance comes in. The company, co-founded by former PayPal employees […]

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The Fashion Kingdom, an Egyptian fashion e-commerce startup, raises $2.6M in seed funding

The Fashion Kingdom (TFK), an Egyptian e-commerce marketplace for fashion, beauty and home accessories items, announced today that it has raised $2.6 million in seed funding led by CVentures, a corporate venture capital firm based in Egypt. A15, an early-stage VC in the MENA region that has backed the likes of Esaal, Paymob and Helios […]

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SupplyPike has raised $25M in Series B capital

SupplyPike, a supply chain SaaS company, took in $25 million in Series B funding to continue developing software so that consumer packaged goods companies and brands are compliant with retailer needs and able to more efficiently deliver products on time. The supply chain management market is expected to reach $19.3 billion by 2028 after being […]

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Marketing automation startup Retail Rocket nabs $24M for expansion

Retail Rocket, a retention management platform for brands, today announced that it raised $24 million in a Series A round led by Cyprus-based private equity fund Flintera. In addition to the fundraising, Retail Rocket revealed that it acquired SailPlay, a startup developing software to help retailers build loyalty programs and send mass message campaigns. New […]

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SwipeRx lands $27M from MDI and Gates Foundation to digitize the pharma industry in Southeast Asia

SwipeRx, a platform for pharma professionals, said Tuesday it has secured a $27 million Series B round led by Indonesia’s MDI Ventures, with participation from the Gates Foundation, Johnson & Johnson Impact Ventures, Susquehanna International Group and existing backers. Pharmacies in Southeast Asia were largely fragmented, mom-and-pop shops operating in silos when the company — […]

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