FreshBooks, a Toronto-based cloud accounting software company focused on SMBs, announced today it has secured $80.75 million in a Series E round of funding, as well as $50 million in debt financing. Existing backer Accomplice led the equity financing, which the company described as “an inside round” that propelled FreshBooks to unicorn status with a […]
Turkey’s first decacorn: Trendyol raises $1.5B at a $16.5B valuation
Trendyol, an e-commerce platform based in Turkey, has raised $1.5 billion in a massive funding round that values the company at $16.5 billion. General Atlantic, SoftBank Vision Fund 2, Princeville Capital and sovereign wealth funds, ADQ (UAE) and Qatar Investment Authority co-led the round. The deal marks SoftBank’s first in the country. The new financing […]
RentCheck raises $2.6M in seed funding to help renters get their security deposits back
We’ve all been there. (Or at least I have.) You’re getting ready to vacate a property you’ve rented, only to be told by the landlord that you won’t be getting your security deposit back. This happened to me the first time I ever rented a place in the late 90s. I was shocked, but more […]
Moove raises $23M to create flexible options for drivers to own cars in Africa
Africa is home to more than a billion people where a majority have limited or no access to vehicle financing. In fact, the continent has the lowest per capita vehicle ownership in the world. In 2019, Africa had fewer than 900,000 new vehicle sales. The U.S. sold more than 17 million new cars that same […]
India’s UpGrad enters unicorn club with $185 million fundraise
UpGrad, a Bangalore-based startup that specializes in higher education and upskilling courses, hit a valuation of $1.2 billion with a $185 million funding round Monday as global investors plow record capital into firms in the world’s second largest internet market. Singapore’s Temasek led the financing round while the World Bank’s International Finance Corporation and IIFL participated. […]
Indiegogo’s CEO on how crowdfunding navigated the pandemic
‘If you take the leap that the pandemic happened because there’s just a lot of things happening in the environment, it means we have to build the future that we want.’
Kickstarter’s CEO on the future of crowdfunding
‘What we find is the backers have a deep desire and an interest to be a part of what’s happening on the journey. To feel deeply connected is part of what you get as a backer of a creative project.’
Australia’s v2Food aims to expand its plant-based meats to Europe and Asia with €45M raise
V2Food is one of many new contenders in the alternative protein space, founded in Australia but now setting its sights on Europe, Asia and beyond. It has a few key advantages over the competition, and with €45 million in new funding it may be finding its way to plates in the Eurozone soon. The company […]
Verifiable secures $17M for its API that manages healthcare provider information
The Austin-based company’s technology creates an infrastructure for healthcare provider data management that puts providers at the center.
Stage 2 Capital launches $80M Fund II targeting B2B software startups
The firm’s approach combines venture capital expertise with a diverse community of over 250 limited partners and go-to-market experts who work with portfolio companies to accelerate revenue growth.