Fundraising

Client press

Openly Secures $75 Million in Series C Fundraising Round

Openly, the technology-enabled provider of premium homeowners insurance through independent agents, today announced that it has closed a $75 million Series C investment. Openly's mission is to empower independent insurance agents to deliver a modern, efficient, and superior customer experience. Founders Ty Harris and Matt Wielbut responded to a perceived gap in the market: while consumers are increasingly buying home insurance through independent agents, the products those agents can offer have not kept up with what's possible-resulting in wasted time, wasted money, and outdated risk underwriting.

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Tango Raises $14M To Build The Modern Workflow Intelligence Platform

Formal workplace training drives hundreds of billions in yearly spending by corporations, with few results to show for it. Tango, a startup founded by three Harvard Business School dropouts in June 2020, is the “workflow intelligence platform that streamlines the creation of process documentation.” The startup plans to use the funding for new product development and hiring new team members.

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Zello Raises $20 Million to Fuel Voice-First Communication Platform

“With over 5 million monthly active users, Zello is a clear leader in providing voice-first communications to the 2 billion connected frontline workers globally. To date Zello has achieved remarkable growth without any outside capital, and we are excited to support this next phase of growth,” said Guhan Swaminathan, Managing Director with Virgo Capital.

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Airhouse Raises $11 Million Series A

Airhouse launched in June of 2020 as a next-generation fulfillment platform to simplify ecommerce operations and logistics for modern brands. Since launching publicly, they’ve seen customer growth increase by 600 percent and their partner network footprint grow by 500 percent.

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PNC Bank Invests More Than $9M In TRU Colors Brewery

The recent infusion of $9.25 million from PNC Bank is helping complete the transformation of an abandoned textile factory on Greenfield Street into TRU Colors’ 56,000-square-foot headquarters and brewery, according to a news release Thursday.

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Continu Secures $13.5M in Funding Led by Five Elms

With this new investment, Continu looks forward to building on their vision to reimagine meaningful learning by expanding their global team and scaling their product offerings even further.

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Treasure Data Raises $234 Million Led by SoftBank Corp.

Treasure Data, the leading enterprise customer data platform (CDP), today announced it has secured $234 million in funding, becoming the largest-ever single funding round for a CDP.

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Heap Raises $110 million for the Future of Digital Analytics

Heap has closed their Series D funding round with an equity raise of $110 million, for a valuation of $960 million, elevating Heap to emerging unicorn status.

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Braze Raises $520 Million as IPO Prices Above Expected Range

Braze’s market value at the IPO price is about $5.9 billion. Accounting for employee stock options and restricted stock units, the company would have a fully diluted value of more than $6.7 billion, according to Bloomberg. The stock will begin trading Wednesday on the Nasdaq under symbol “BRZE.”

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Treasure Data Raises $234 Million, Accelerating Growth and Beyond Marketing Vision

Treasure Data, the leading enterprise customer data platform (CDP), today announced it has secured $234 million in funding, becoming the largest-ever single funding round for a CDP. The investment is led by SoftBank Corp.

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