Archive | March, 2016

Scentbird raises $2.8 million


Subscription-based business models are common these days. One of the companies starting to make a mark in the space is New York-based Scentbird. Scentbird is a monthly fragrance subscription service, which lets users try luxury perfumes for one month before they purchase them. Each month, for $14.95, Scentbird sends its subscribers an 8 ml purse spray of a scent of their choice. The company offers over 400 designer fragrances that users can choose from, without having to commit to a full bottle. Scentbird announced today it received $2.8 million in funding from Eclipse Ventures, Vaizra Investments, Ludlow Ventures, and SGH Capital. This raises the company’s total funding to $3.84 million.

You can read about the funding here.

Hopper nabs $16 million in funding


Travel app Hopper has raised $16 million from a consortium of investors led by BDC Capital IT Venture Fund. This brings the company’s total funding to $38 million. Hopper’s algorithm analyses billions of flights to help users find the best deals and the best time to buy tickets. Hopper competes with the likes of Farecast, Kayak, Priceline, FareCompare and Skyscanner. The company claims that its price prediction technology can help consumers save as much as 40% on the price of a flight. So far, the app has been downloaded over 3 million times and in 2015, it was voted the number 4 travel app on the US App Store and the number 7 best app by Apple.

You can read about the funding here.

Weekly Update – March 26, 2016

      Total Deal Value (USD) – $984,252,629                    Total Deal Number – 75

Deal No.Amount Paid (USD)CompanyInvestor/BuyerSectorDeal Type
1$131,000,000Domo ConsortiumSoftware & ServicesInvestment
3$89,612,000BigpointYouzu InteractiveSoftware & ServicesAcquisition
4$73,500,000Mesosphere ConsortiumSoftware & ServicesInvestment
5$60,000,000The Trade DeskWellington Management CompanySoftware & ServicesInvestment
6$40,000,000Bromium ConsortiumSoftware & ServicesInvestment
7$40,000,000Checkr ConsortiumTransactionsInvestment
8$40,000,000Open LendingBregal SagemountTransactionsInvestment
9$34,000,000LagouHongdao Capital , Qiming Venture PartnersTransactionsAcquisition
10$30,000,000Soasta ConsortiumSoftware & ServicesInvestment
11$27,000,000StratoscaleConsortiumSoftware & ServicesInvestment
12$22,000,000Maxwell HealthConsortiumTransactionsInvestment
14$20,000,000BetterWorksConsortiumSoftware & ServicesInvestment
15$20,000,000ezbuy ConsortiumEcommerceInvestment
16$16,000,000Convoy ConsortiumTransactionsInvestment
18$16,000,000LifeBEAMConsortiumSoftware & ServicesInvestment
20$15,000,000FriendsuranceHorizon VenturesTransactionsInvestment
22$12,000,000HG DataConsortiumSoftware & ServicesInvestment
23$11,165,000KreditechInternational Finance CorporationTransactionsInvestment
24$11,000,000FoveConsortiumHardware & InfrastructureInvestment
26$9,000,000VerdigrisConsortiumSoftware & ServicesInvestment
27$8,953,160CurrencyFairProxy VenturesTransactionsInvestment
30$6,000,000KuvéeConsortiumHardware & InfrastructureInvestment
31$6,000,000Visionary VR ConsortiumSoftware & ServicesInvestment
34$5,000,000RevUpConsortiumSoftware & ServicesInvestment
35$4,700,000DimensionalMechanicsKent L. JohnsonSoftware & ServicesInvestment
37$3,160,000Archiact37GamesSoftware & ServicesInvestment
38$3,000,000ZodiacConsortiumSoftware & ServicesInvestment
39$2,825,000Bijou ConsortiumTransactionsInvestment
40$2,500,000Star A Fire ConsortiumMarketingInvestment
41$2,400,884Apperio ConsortiumMobile & AppsInvestment
42$2,400,000Civalue ConsortiumSoftware & ServicesInvestment
43$2,400,000Edj Analytics ConsortiumSoftware & ServicesInvestment
44$2,000,000Bivarus ConsortiumSoftware & ServicesInvestment
45$2,000,000Nuren GroupGobi PartnersMediaAcquisition
46$1,750,000Permission ClickConsortiumSoftware & ServicesInvestment
47$1,673,550Wirepas Vito Ventures, InventureSoftware & ServicesInvestment
48$1,412,285CharlieConsortiumSoftware & ServicesInvestment
49$1,400,000FixtConsortiumMobiel & AppsInvestment
50$1,400,000HiveConsortiumSoftware & ServicesInvestment
52$1,000,000eSports HeroeSports MogulGamesInvestment
53$600,000Hockeystick ConsortiumSoftware & ServicesInvestment
54$500,000MiCampañ Ángel Romanos BerrondoMarketingInvestment
55UndisclosedAuctionataGerman Startups GroupTransactionsInvestment
56UndisclosedBrewsterFullContactMobile & AppsAcquisition
59UndisclosedDealDeyRingier Africa Deals GroupEcommerceAcquisition
60UndisclosedDigsy ConsortiumTransactionsInvestment
61UndisclosedDiscoverOrgConsortiumSoftware & ServicesInvestment
62UndisclosedeChengCathay Innovation Fund , Lightspeed China PartnersSoftware & ServicesInvestment
64UndisclosedGuidecentralwikiHowMobile & AppsAcquisition
65UndisclosedJumioEduardo SaverinSoftware & ServicesAcquisition
66UndisclosedMobileFitQueen City AngelsMobile & AppsInvestment
68UndisclosedRaetHgCapitalSoftware & ServicesInvestment
69UndisclosedSenseClouderaSoftware & ServicesAcquisition
70UndisclosedShopularEbatesMobile & AppsAcquisition
71UndisclosedSmartHome HeroDigitech Venture Capital FundSoftware & ServicesInvestment
72UndisclosedThriveHivePropel MarketingMarketingAcquisition
73UndisclosedTriggerfoxInfluitiveMobile & AppsAcquisition
74UndisclosedVerilumeIntralinksSoftware & ServicesAcquisition

More information

  1. Domo Raises $131M in Series D Funding; Launches $50M VC Fund (FinSMEs)
  2. Snapchat reportedly buys Bitstrips for $100 million (Vator News)
  3. Youzu Interactive to Acquire BIGPOINT for 80 Million Euros (BusinessWire)
  4. Mesosphere Secures $73.5M in Series C Funding (FinSMEs)
  5. The Trade Desk Raises $60M in Equity Funding (FinSMEs)
  6. Bromium Secures $40M in Funding (FinSMEs)
  7. Checkr Raises $40M in Series B Funding (FinSMEs)
  8. Open Lending Receives $40M Equity Investment from Bregal Sagemount (FinSMEs)
  9. Qiming-Backed Lagou Raises $34M In New Funding Round (China Money Network)
  10. Soasta Completes $30M Funding Round (FinSMEs)
  11. Stratoscale Secures $27M in Series C Financing (FinSMEs)
  12. Maxwell Health Closes $22M Series C Funding Round (FinSMEs)
  13. Fueled By $21MM In Recent Series B Funding, Degreed Acquires European Learning Company, Gibbon (PR Newswire)
  14. BetterWorks Closes $20M Series B Funding (FinSMEs)
  15. ezbuy Raises US$20M in Series B Funding (FinSMEs)
  16. Convoy Raises $16M in Series A Funding (FinSMEs)
  17. HomeUnion Raises $16M in Series B Funding (FinSMEs)
  18. LifeBEAM Closes $16M Funding Round (FinSMEs)
  19. acquires 83 percent stake in Chileautos for US$15 million to expand international footprint (Startup Daily)
  20. Friendsurance Raises over $15M in Series B Funding (FinSMEs)
  21. GoCardless Raises $13M in Venture Capital Funding (FinSMEs)
  22. HG Data Raises $12M in Series B Funding (FinSMEs)
  23. Kreditech Raises €10M in Funding (FinSMEs)
  24. Fove Raises US$11M in Series A Funding (FinSMEs)
  25. On-Demand Massage Startup Zeel Grabs $10M (Wall Street Journal)
  26. Verdigris Raises $9M in Funding (FinSMEs)
  27. CurrencyFair Raises €8M in Venture Capital Funding (FinSMEs)
  28. 6Fusion Raises $6.55M; Acquires MarkITx (FinSMEs)
  29. 6Fusion Raises $6.55M; Acquires MarkITx (FinSMEs)
  30. Kuvée Raises $6M in Venture Capital Funding (FinSMEs)
  31. Visionary VR Raises $6M in Series A Funding (FinSMEs)
  32. French p2p car sharing startup TravelerCar raises €5 million after acquiring local rival Carnomise (Tech EU)
  33. Spread the news: News-reader app Kurio gets US$5M from Japanese counterpart Gunosy (e27)
  34. RevUp Software Raises over $5M in Seed Funding (FinSMEs)
  35. DimensionalMechanics Closes $4.7M Series A Financing (FinSMEs)
  36. OneRent Closes $4M Series A Funding (FinSMEs)
  37. Archiact Raises $3.16M in Equity Funding (FinSMEs)
  38. Zodiac Raises $3M in Seed Funding (FinSMEs)
  39. Bijou Commerce Raises £2M in Seed Funding (FinSMEs)
  40. Star A Fire Raises $2.5M in Series A Funding (FinSMEs)
  41. Apperio Raises £1.7M in Seed Funding (FinSMEs)
  42. Civalue Raises $2.4M in Seed Funding (FinSMEs)
  43. Edj Analytics Raises $2.4M in Series A Funding (FinSMEs)
  44. Bivarus Raises $2M in Funding (FinSMEs)
  45. Malaysia’s Nuren Group raises $2m from Gobi Partners (Deal Street Asia)
  46. Permission Click Closes $1.75M Seed Funding Round (FinSMEs)
  47. Wirepas Raises €1.5M in Series A Funding (FinSMEs)
  48. Charlie Raises £1M in Seed Funding (FinSMEs)
  49. Fixt Raises $1.4M in Seed Funding (FinSMEs)
  50. Hive Raises $1.4M in Seed Funding (FinSMEs)
  51. Japanese mobile in-line video ads startup App-CM secures $1.2M series A funding (The Bridge)
  52. eSports Hero Raises $1M in Funding (FinSMEs)
  53. Hockeystick Raises $600k in Seed Funding (FinSMEs)
  54. MiCampañ Raises $500K in Funding (FinSMEs)
  55. Auctionata Receives Investment from German Startups Group (FinSMEs)
  56. FullContact Acquires Brewster (FullContact)
  57. Galavantier acquires Bucket, enhancing its travel experience technology (Galavantier)
  58. French p2p car sharing startup TravelerCar raises €5 million after acquiring local rival Carnomise (Tech EU)
  59. Ringier Africa Deals Group Acquires Nigerian Online Shopping Platform DealDey (Ringier)
  60. Digsy Raises Funding (FinSMEs)
  61. DiscoverOrg Secures Additional Growth Investment (FinSMEs)
  62. Big Data-Driven Recruitment Platform eCheng Raises B Round Financing (TechNode)
  63. Zoom2u acquires on-demand shipping startup Fetchh (Startup Daily)
  64. We’re Joining the wikiHow Family! (Guidecentral)
  65. Jumio Announces Sale of Business (Jumio)
  66. MobileFit Raises Funding from Queen City Angels (FinSMEs)
  67. Olapic Expands Its Visual Content Marketing Platform with Acquisition of Piqora (Olapic)
  68. Raet Receives Majority Investment from HgCapital (FinSMEs)
  69. Cloudera acquires data science collaboration tool Sense (VentureBeat)
  70. Ebates Acquires Shopular (BusinessWire)
  71. SmartHome Hero Raises Funding from Digitech Venture Capital Fund (FinSMEs)
  72. Propel Marketing Acquires ThriveHive (FinSMEs)
  73. Influitive Acquires Triggerfox (FinSMEs)
  74. Intralinks Acquires Cloud Infrastructure Company Verilume (Intralinks)
  75. AppDirect acquires cloud-search provider Xendo (Vator News)

Checkr raises $40 million to expand its service

The success of on-demand businesses like Uber and GrubHub, has sparked the growth of B2B startups that provide support services for these companies. One such company is Checkr, a leading background check service used by the on-demand economy. Checkr runs employee background checks and vets potential hires by way of an API. Some of Checkr’s clients are Uber, Instacart, DoorDash and GrubHub and the company processes over 30,000 background checks per month. The company recently raised $40 million so it can expand its service outside of the on-demand ecosystem to include peer-to-peer commerce, marketplace businesses, and enterprises.