Investments

Investments
Rental Platform Apartment List Valued At $600 Million Following $50 Million Fundraise
December 21, 2020

The rental platform Apartment List has raised $50 million in a new funding round led by Janus Henderson Investors, doubling its valuation to over $600 million. Other backers include Allen & Co., Canaan Partners, Tenaya Capital and Quantum Partners LP, a fund managed by Soros...

Investments
Supply-Chain Startup Project44 Raises $100 Million In Series D Round
December 21, 2020

Supply chain technology startup project44 raised $100 million in a Series D funding round led by existing investor Insight Partners, with additional support from Eight Partners VC LLC, Emergence Capital Partners, Omidyar Technology Ventures, Sapphire Ventures LLC, Sozo Ventures and Underscore VC. “We are the...

Investments
SnapAP Announces Funding From Israel Angel Investors
December 20, 2020

Snap Accounts Payable (SnapAP) has completed the first stage of a new funding round with help from a group of Israel-based angel investors, a press release says. The intent of the round is to help SnapAP on the first stage of its planned $2 million...

Investments
Gojek Buys Stake In Indonesia’s Bank Jago
December 18, 2020

Gojek, which bills itself as “Southeast Asia’s leading on-demand services and payments platform,” said in a news release that it has invested in Indonesia-listed technology-based Bank Jago. Gojek produces a digital wallet and payments platform called GoPay. Jago’s home country, Indonesia, has one of the...

Investments
PayPal Supports Black-Owned Ventures With Additional $5 Million Grant
December 18, 2020

PayPal is extending additional support to Black-owned businesses by way of a $5 million grant that builds on the $10 million PayPal Empowerment Grant program launched in June.  “When we made our initial commitment, we understood that decisive action was needed to make progress toward...

Investments
Canadian FinTech Neo Financial Raises $50 Million In Series A Round
December 18, 2020

Canadian FinTech Neo Financial said that it has raised CAD $50 million in a Series A funding round that included $25 million in funding and $25 million in debt facility financing. The round was led by Valar Ventures, a VC firm founded by James Fitzgerald,...

Investments
eCommerce FinTech Katapult To Go Public By Merging With SPAC
December 18, 2020

Katapult Holding, Inc. and special purpose acquisition company (SPAC) FinServ Acquisition Corp. said on Friday (Dec. 18) that they have entered into a definitive merger deal. The arrangement will create a combined firm that will run as Katapult and is intended to trade on the Nasdaq with...

Investments
GM Backs Car Maintenance Service Yoshi With $23 Million
December 17, 2020

General Motors (GM) is leading a Series B funding round for $23 million for Yoshi, an on-demand car maintenance service, CNBC reported. This marks the second time GM’s venture capital arm has invested in Yoshi since 2018, and the round will go toward helping Yoshi...

Investments
eMarketplace StockX Nets $275 Million For Expansion
December 17, 2020

Resale eCommerce firm StockX has raised $275 million in a Series E funding round, according to Reuters. The round was led by Tiger Global Management and the company is now valued at $2.8 billion. Other participants included Altimeter Capital, Sands Capital and Whale Rock Capital...