Employee benefits and B2B InsurTech company Pazcare has announced it has raised $8.2 million in Series A funding round, The Economic Times reported. The company is now valued at $48 million. India-based Pazcare offers employee benefits and group health insurance platforms, in addition to helping...
Grocery delivery startup Rohlik has raised 220 million euros (about $230 million) in a Series D funding round to further its advances in technology, according to a Friday (June 17) press release. The money will go toward such innovations as the automation of fulfillment centers...
Were FinTechs overvalued as 2021 ended and 2022 kicked off? In some cases, certainly. That’s brought us to the brink of the great FinTech refocus — and yes, there will be winners and losers. Venture capitalists are shutting off the cash spigot left and right...
SaaS-purchasing service Vendr announced Wednesday (June 16) that it raised $150 million in Series B funding. The Boston-based company buys and renews SaaS services for clients and analyzes the usefulness and cost-effectiveness of their SaaS setups. Vendr said in the announcement that the newly raised...
The pandemic-driven heyday is over for no-fee online stock trading startup Robinhood, whose market value is eroding as quickly as the cash on its balance sheet and its fan club of users dwindle. Share price dropped to a record low of $6.87 on Wednesday (June...
Mobility commerce platform Metropolis Technologies has raised $167 million in Series B funding, the company announced Wednesday (June 15). Based in Los Angeles, Metropolis helps its members enter and exit parking lots without needing to use their credit cards or phones, the company said in...
Boston-based B2B and B2C eCommerce platform Zoovu has raised $169 million in a Series C funding round, according to a Wednesday (June 15) press release. The round was led by FTV Capital. The money will go toward building the company’s go-to-market strategy and team, especially...
As consumers increasingly expect to get their needs met on demand, food delivery is evolving beyond the aggregator. Wonder, for one, the mobile restaurant startup founded and helmed by Jet’s Marc Lore, has raised $350 million in a Series B funding round led by Bain...
Pan-African venture capital fund Launch Africa Ventures has closed its $36.3 million fund, which it used primarily for investments in B2B and business-to-business-to-consumer startups. According to an announcement on its website Tuesday (June 14), the Mauritius-based company has helped 108 startups in 21 African countries,...
