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) Company Investor/Buyer Sector Deal Type
1 $131,000,000 Domo Consortium Software & Services Investment
2 $100,000,000 Bitstrips Snapchat Media Acquisition
3 $89,612,000 Bigpoint Youzu Interactive Software & Services Acquisition
4 $73,500,000 Mesosphere Consortium Software & Services Investment
5 $60,000,000 The Trade Desk Wellington Management Company Software & Services Investment
6 $40,000,000 Bromium Consortium Software & Services Investment
7 $40,000,000 Checkr Consortium Transactions Investment
8 $40,000,000 Open Lending Bregal Sagemount Transactions Investment
9 $34,000,000 Lagou Hongdao Capital , Qiming Venture Partners Transactions Acquisition
10 $30,000,000 Soasta Consortium Software & Services Investment
11 $27,000,000 Stratoscale Consortium Software & Services Investment
12 $22,000,000 Maxwell Health Consortium Transactions Investment
13 $21,000,000 Gibbon Degreed Transactions Acquisition
14 $20,000,000 BetterWorks Consortium Software & Services Investment
15 $20,000,000 ezbuy Consortium Ecommerce Investment
16 $16,000,000 Convoy Consortium Transactions Investment
17 $16,000,000 HomeUnion Consortium Transactions Investment
18 $16,000,000 LifeBEAM Consortium Software & Services Investment
19 $15,000,000 Chileautos Transactions Acquisition
20 $15,000,000 Friendsurance Horizon Ventures Transactions Investment
21 $13,000,000 GoCardless Consortium Transactions Investment
22 $12,000,000 HG Data Consortium Software & Services Investment
23 $11,165,000 Kreditech International Finance Corporation Transactions Investment
24 $11,000,000 Fove Consortium Hardware & Infrastructure Investment
25 $10,000,000 Zeel Consortium Transactions Investment
26 $9,000,000 Verdigris Consortium Software & Services Investment
27 $8,953,160 CurrencyFair Proxy Ventures Transactions Investment
28 $6,550,000 6Fusion Undisclosed Transactions Investment
29 $6,550,000 MarkITx 6Fusion Transactions Investment
30 $6,000,000 Kuvée Consortium Hardware & Infrastructure Investment
31 $6,000,000 Visionary VR Consortium Software & Services Investment
32 $5,600,750 TravelerCar MAIF Transactions Investment
33 $5,000,000 Kurio Gunosy Media Investment
34 $5,000,000 RevUp Consortium Software & Services Investment
35 $4,700,000 DimensionalMechanics Kent L. Johnson Software & Services Investment
36 $4,000,000 OneRent Renren Transactions Investment
37 $3,160,000 Archiact 37Games Software & Services Investment
38 $3,000,000 Zodiac Consortium Software & Services Investment
39 $2,825,000 Bijou Consortium Transactions Investment
40 $2,500,000 Star A Fire Consortium Marketing Investment
41 $2,400,884 Apperio Consortium Mobile & Apps Investment
42 $2,400,000 Civalue Consortium Software & Services Investment
43 $2,400,000 Edj Analytics Consortium Software & Services Investment
44 $2,000,000 Bivarus Consortium Software & Services Investment
45 $2,000,000 Nuren Group Gobi Partners Media Acquisition
46 $1,750,000 Permission Click Consortium Software & Services Investment
47 $1,673,550 Wirepas Vito Ventures, Inventure Software & Services Investment
48 $1,412,285 Charlie Consortium Software & Services Investment
49 $1,400,000 Fixt Consortium Mobiel & Apps Investment
50 $1,400,000 Hive Consortium Software & Services Investment
51 $1,200,000 App-CM Consortium Media Investment
52 $1,000,000 eSports Hero eSports Mogul Games Investment
53 $600,000 Hockeystick Consortium Software & Services Investment
54 $500,000 MiCampañ Ángel Romanos Berrondo Marketing Investment
55 Undisclosed Auctionata German Startups Group Transactions Investment
56 Undisclosed Brewster FullContact Mobile & Apps Acquisition
57 Undisclosed Bucket Galavantier Transactions Acquisition
58 Undisclosed Carnomise TravelerCar Transactions Acquisition
59 Undisclosed DealDey Ringier Africa Deals Group Ecommerce Acquisition
60 Undisclosed Digsy Consortium Transactions Investment
61 Undisclosed DiscoverOrg Consortium Software & Services Investment
62 Undisclosed eCheng Cathay Innovation Fund , Lightspeed China Partners Software & Services Investment
63 Undisclosed Fetchh Zoom2u Transactions Acquisition
64 Undisclosed Guidecentral wikiHow Mobile & Apps Acquisition
65 Undisclosed Jumio Eduardo Saverin Software & Services Acquisition
66 Undisclosed MobileFit Queen City Angels Mobile & Apps Investment
67 Undisclosed Piqora Olapic Marketing Acquisition
68 Undisclosed Raet HgCapital Software & Services Investment
69 Undisclosed Sense Cloudera Software & Services Acquisition
70 Undisclosed Shopular Ebates Mobile & Apps Acquisition
71 Undisclosed SmartHome Hero Digitech Venture Capital Fund Software & Services Investment
72 Undisclosed ThriveHive Propel Marketing Marketing Acquisition
73 Undisclosed Triggerfox Influitive Mobile & Apps Acquisition
74 Undisclosed Verilume Intralinks Software & Services Acquisition
75 Undisclosed Xendo AppDirect Transactions Investment

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.