Tag: Fundings & Exits
Fintech CAC and the Great Credit Card Craze
Hello and welcome back to our regular morning look at private companies, public markets and the gray space in between.Today we’re getting two items out of my notebook while sticking to our recent fintech theme (Q1 fintech VC results here and more on investing patterns into the category here). Let’s chat…
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B-Social, the UK fintech building a ‘social bank’, raises additional £7.8M ahead of rebrand
B-Social, the London-based fintech building what it calls a “social bank,” is announcing that it has raised a further £7.8 million in seed funding. Once again the injection of capital comes from “high-net-worth” individuals. They include Rudy Karsan from Karlani Capital, although most of the investors remain undisclosed. It brings…
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On-demand tutoring app Snapask gets $35 million to expand in Southeast Asia
Snapask, an on-demand tutoring app, announced today that it has raised $35 million in Series B funding. Earmarked for the startup’s expansion in Southeast Asia, the round was led by Asia Partners and Intervest. Launched in Hong Kong five years ago, Snapask has now raised a total of $50 million…
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Stonly grabs $3.5 million to make customer support more interactive
Stonly is building a service for customer support teams so that they can share step-by-step guides to solve the most common issues. The startup just raised a $3.5 million funding round led by Accel with business angels also participating, such as Eventbrite CTO Renaud Visage and PeopleDoc founders Jonathan Benhamou…
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New York’s BounceX reaches $100M ARR, rebrands
Welcome to the $100 million ARR club, BounceX. This morning (evening, timezone depending), BounceX, a New York-based marketing technology startup, announced that it has reached the $100 million annual recurring revenue (ARR) threshold, adding its name to our running list of companies that have crossed over into nine-figure revenue while…
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Salesforce grabs Vlocity for $1.33B, a startup with $1B valuation
It’s been a big news day for Salesforce . It announced that co-CEO Keith Block would be stepping down, and that it had acquired Vlocity for $1.33 billion in an all-cash deal. It’s no coincidence that Salesforce targeted this startup. It’s a firm that builds six industry-specific CRMs on top…
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