Investments

Investments
Consumer Need Fulfillment Co goPuff Nets $380M On A $3.9B Valuation
October 08, 2020

Philadelphia-based goPuff, which bills itself as a catch-all service to help people with everyday needs, has raised $380 million in funding, according to a report from FinSMEs. The company was founded in 2013 and offers customers the ability to order cleaning and home products, over-the-counter...

Investments
Instacart Value Skyrockets To $17.7B With $200M Funding Round
October 08, 2020

Unicorn delivery app Instacart has raised $200 million as part of a new financing round, which upped the company’s valuation to $17.7 billion, the Silicon Valley startup announced on Thursday (Oct. 8). The new round of funding came from existing investors Valiant Peregrine Fund and...

Investments
Financial Wellness Startup Bloom Credit Closes $13M Series A Funding Round
October 08, 2020

The New York-based financial wellness startup Bloom Credit announced on Thursday (Oct. 8) that it has secured $13 million in Series A funding, led by $10 million from Allegis NL. Other investors included Resolute Ventures, Slow Ventures and Commerce Ventures. In addition, $3 million from...

Investments
Former Restaurant Execs Seek $230M For SPAC
October 07, 2020

Tastemaker Acquisition Corp. is the latest newly-formed special purpose acquisition company, or SPAC, seeking a ripe investment, the Nation’s Restaurant News reported. The New York-based corporation, composed of eight experienced restaurant owners, is seeking to raise up to $230 million for a blank-check company, according...

Investments
VC Firm Greycroft Raises $680M In Search Of Next Venmo, Subscription Startups
October 06, 2020

Venture capital firm Greycroft, based in New York and Los Angeles, has raised $680 million to fund new startups, according to Bloomberg, looking for “the next Bumble or Venmo.” The firm plans to invest $310 million in early-stage startups and $370 million in growth-stage startups,...

Investments
Abu Dhabi Investment Authority Invests $750M In Reliance Industries Subsidiary
October 06, 2020

The Abu Dhabi Investment Authority (ADIA) is putting about $750 million into Reliance Retail Ventures Ltd., a subsidiary of Reliance Industries, the Mumbai-based parent company announced Tuesday (Oct. 6). The investment gives the Abu Dhabi sovereign wealth fund a 1.2 percent stake in Reliance Retail,...

Investments
Chargebee Raises $55M In Series F Funding
October 06, 2020

Subscription billing platform provider Chargebee Inc. has raised $55 million in Series F funding to bring its total venture capital funding to $105 million, the company announced Tuesday (Oct. 6). The latest round was led by Insight Partners and also included existing investors, Chargebee said...

Investments
FinTech Tipalti Lands $150M In Funding, $2B Valuation
October 06, 2020

Tipalti has hit the big time with $150 million in new funding and a valuation of $2 billion. That puts the San Mateo, California-based FinTech well into “unicorn” status, meaning it’s worth more than a $1 billion valuation. The funding round was led Durable Capital Partners,...

Investments
B2C Food Platform GrubMarket Nets $60M, Eyes IPO
October 05, 2020

GrubMarket, which supplies food to consumers and businesses, has raised $60 million in its Series D round, according to TechCrunch. Participants included BlackRock, Reimagined Ventures, Trinity Capital Investment and numerous others, TechCrunch reported. The news is in line with the trend of the year as...