Porsche Automobile Holding SE, Qualcomm Ventures and Western Digital Capital were among the participating investors.Ĭapchase gets into buy now, pay later for SaaS financing (May 11)Ĭapchase, a provider of non-dilutive growth capital, is now in the buy now, pay later space after launching Capchase Pay which enables SaaS companies to collect the full contract value for their software while also providing their customers with flexible payment terms. Zip boasts hundreds of customers globally including Snowflake, Coinbase, Northwestern Mutual, Canva, Webflow and Databricks.Īutomotive ethernet chip startup Ethernovia raises $64M (May 15)Įthernovia announced that it raised $64M in Series A funding. Zip, a provider of an intake-to-pay platform, raised a $100M Series C from investors Y Combinator, CRV, and Tiger Global at a $1.5B post-money valuation. Procurement startup Zip raises $100M (May 15)
Everseen counts over half of the world’s top 15 retailers among its customers, with deployments in over 6,000 retail stores and at more than 80,000 checkout lines. And while the company declined to reveal hard revenue figures, its CEO says it saw 17x growth in revenue from 2019 to 2022.Įverseen raises over $70M for AI tech to spot potential retail theft (May 11)Īrtificial intelligence platform Everseen has raised $71M to help retailers prevent theft. From 2019 to 2022 the number of lives covered with Wellthy benefits grew from about 100,000 to 2 million. New York-based Wellthy, a family care concierge service, raised a fresh $25.5M in funding. At the time of Petal’s Series D raise in January of 2022, the company’s CEO said that it was “doing $20 million to $30 million in annualized revenue.” By year’s end, it was up to $80 million, and the CEO is projecting that Petal will become profitable sometime in 2024. Petal, which offers three Visa credit card products aimed at underserved consumers, closed a $35M funding round led by Valar Ventures. 8fig has provided online sellers with more than $500M since being founded and increased its annual revenue by 800% last year.
8fig raises $140M Series B funding (May 9)įintech firm 8fig announced that it has secured a $140M Series B funding round reported as $40M in equity and $100M in a credit facility.
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