Startup Roundup: Who's Getting Funded?
Here's our Startup Roundup: a (close-to-) comprehensive list of each of the startup companies in payments and/or eCommerce to receive at least $1 million in funding from equity investors in 2013. We’ll update this list regularly, with funding dates, amounts, and quick company bios. Missing someone? Tell us in the comments!
Etaoshi - November 29, $10 Million
Etaoshi, a Beijing-based online food ordering and delivery platform, has announced roughly $10 million in Series A funding, China Money Network reported on November 29.
The company, founded in 2011, provides digital ordering services in partnership with thousands of Chinese restaurants.
Highland Capital Partners led the round, with several undisclosed China-based venture capital firms also taking part in the fundraising.
Ele.me - November 28, $25 Million
Sequoia Capital China led a Series C fundraising round for Ele.me, a Shanghai-based food ordering site, China Money Network reported on November 28.
GSR Ventures and Matrix Partners China, two of Ele.me’s existing investors, also took part in the round.
According to China Money Network, Ele.me works with more than 20,000 domestic restaurants and operates in 12 Chinese cities.
Addwish - November 28, $1.8 Million
Digital wishlist startup Addwish has confirmed $1.8 million in seed funding from Sunstone Capital, TechCrunch reported on November 28.
Addwish enables users to compile wishlists featuring items from online stores, which can then be sent to other users of the service.
The company, founded in early 2013, is based in Copenhagen. Sunstone Capital is also based in Demark.
Financeit - November 27, $13 Million
Financeit, a startup which helps small businesses offer consumer financing to their customers, has announced $13 million in Series A funding, IT Business Canada reported on November 27.
The company provides small and mid-sized businesses with the necessary resources to provide consumer credit solutions. TTV Capital, Inter-Atlantic Group and Second City Capital participated in the Series A round.
“Financing is a proven way to increase your sales, to increase your close rates and to increase your transaction size, by offering the consumer a great kind of incentive,” Casper Wong, Financeit’s COO, told IT Business Capital in an interview.
Prompt.ly - November 25, $1.5 Million
Prompt.ly, a mobile-first SaaS platform, has announced $1.5 million in seed capital, TechCrunch reported on November 25.
Service providers can use Prompt.ly as a marketing and customer outreach platform.
Facebook’s Ethan Beard and venture fund Subtraction Capital participated in the seed round. According to the media outlet, investors are already expressing interest in a Series A round that could take place as early as next year.
TapCommerce - November 22, $10.5 Million
Mobile retargeting startup TapCommerce has announced $10.5 million in Series A funding, a company press release revealed on November 22.
TapCommerce, founded in 2012, picked up investments from Bain Capital Ventures and RRE Ventures. Existing investors such as Eniac Ventures, Metamorphic Ventures and Nextview Ventures also contributed to the fundraising.
Bain Capital’s Scott Friend and RRE Ventures’ Eric Wiesen reportedly joined TapCommerce’s board of directors as a result of the deal.
Sift - November 22, $2 Million
Mobile shopping service Sift has closed $2 million in seed funding, TechCrunch reported on November 22.
DN Capital led the seed round. Tandem Capital, Sand Hill Angels, Univty Ventures and Future Perfect Ventures, among others, contributed additional funding.
Sift, founded in 2012, received $540,000 in angel investment in February of this year.
The Hunt - November 21, $5.5 Million
Community-driven shopping app The Hunt has received $5.5 million in Series A funding, VentureBeat reported on November 11.
The company, founded in early 2013, allows users to post photos of desired products on social networks. They can then coordinate with other users to identify the items and locate them at local stores.
The Series A round was led by Javelin Venture Partners.
Index - November 19, $7 Million
Index has announced $7 million in Series A funding, Venture Capital Post reported on November 19.
The company, founded by former Google Wallet team members Marc Freed-Finnegan and Jonathan Wall, provides retail personalization and analytics services.
Index secured funding from Google executive chairman Eric Schmidt’s Innovation Endeavors, AIMCo., 819 Capital and Khosla Ventures.
To learn more about Index’s fundraising efforts, read the full story here.
BTC China, November 18 - $5 Million
China-based bitcoin exchange BTC China has closed $5 million in Series A funding, TechCrunch reported on November 18.
BTC China was founded in 2011, and is the world’s largest bitcoin exchange by volume.
The Series A round was led by Lightspeed Venture Partners and Lightspeed China partners.
Rubikloud, November 18, 2013 - $1 Million
Rubikloud, a market analytics platform designed to help business improve conversion rates by providing data on when consumers are most likely to purchase, has confirmed $1 million in seed funding, TechCrunch reported on November 18.
The company, founded in April 2013, specializes in real-time big data delivery.
Rubikloud is expected to launch its first publically available product early next year.
Clip, November 17 - $1.7 Million
Clip, a mobile point-of-sale provider based in Mexico, has announced $1.7 million in convertible note funding, TechCrunch reported on November 17.
The company focuses on providing payments tools for small-to-medium sized merchants. One aspect of Clip is that users can offer customers payment options that are in multiple installments.
The funding round included Alta Ventures, as well as an undisclosed existing investor.
Olacab, November 13 - $20 Million
Olacabs, a online cab booking startup, has received up to $20 million in Series B funding, according to Medianama on November 13.
The company, founded in December 2010, acts as a marketplace and aggregator for cab bookings and car rentals.
The round was led by Tiger Global Management and Matrix Partners.
Moneytree, November 13 - $1.6 Million
Moneytree, a Japanese mobile financial technology startup, announced $1.6 million in seed funding in a November 13 press release.
The company launched its mobile app, which allows users to securely access their financial data on-demand, in April 2013. As of this month, Moneytree’s app has been downloaded more than 200,000 times.
The funding round was led by DG Incubation, and also included executives from MasterCard and PayPal.
itBit, November 11 - $3.25 Million
itBit, a new bitcoin exchange, has announced $3.25 million in funding, TechCrunch reported on November 11.
itBit’s bitcoin exchange offers users a platform with tighter security and compliance protocols.
The round was co-led by Canaan Partners and RRE Ventures. Liberty City Ventures, Jay W. Jordan II and Ben Davenport, among others, also participated.
The Honest Company - November 11, $25 Million
The Honest Company, an eco-friendly eCommerce startup founded by Jessia Alba, confirmed the completion of a $25 million funding round on November 11, TechCrunch reported.
The funding round was led by Institutional Venture Partners. Iconiq Capital also contributed to the fundraising.
The Honest Company was founded in January of this year. TechCrunch reported that the eCommerce site plans to use the investment to fund new products and services.
Tinypass - November 11, $3 Million
Tinypass, a paywall development startup, has completed a $3 million round of funding, according to a report from AllThingsD.
The round was led by Cascabel Management.
Tinypass, which both sells and rents paywalls, raised $1.25 million in seed capital in 2012.
CardCash.com - November 7, $6 Million
CardCash.com has confirmed $3 million in funding, according to a press release from November 7.
The site serves as a secondary gift card exchange. Currently, more than 300 retailers are available through CardCash.com’s digital network.
The funding round was led by Guggenheim Partners.
Zomato - November 6, $37 Million
Zomato, an international restaurant locator service, announced $37 million in Series D funding on November 6.
The group was led by Sequoia Capital, as well as Info Edge, an existing investor of Zomato’s.
Founded in 2008, Zomato has raised $55 million since its launch.
Granify - November 6, $1.5 Million
Granify, a maker of in-store customer conversion software, revealed $1.5 million in new funding on November 6.
The company uses big data to develop solutions for retailers hoping to generate more in-store sales.
Participating investors included Valar Ventures, Klass Capital, iNovia Capital, Extreme Startups and Social Starts, among others.
Linio - November 5, $50 Million
Linio, a Latin American eCommerce website, has confirmed $50 million in funding, TechCrunch reported on November 5.
The round was led by Latin Idea, a private-equity fund based in Mexico.
According to TechCrunch, Linio has raised over $100 million in funds since it was founded in 2012.
Betable - November 5, $18.5 Million
Betable has announced $18.5 million in Series A funding, according to a press release from November 5.
The group of investors was led by Venture51. Founds Fund and Greylock also participated.
Betable is a platform that allows game makers to develop real-money play environments or incorporate these elements into existing digital entertainment products.
nomorerack - November 1, $40 Million
nomorerack, an online shopping destination for discounted, in-demand consumer goods, confirmed $40 million in Series B funding on November 1.
The funding round was led Oak Investment Partners and HTV Industries.
To date, nomorerack has raised $52 million in Series A and Series B funding.
Malauzai Software - November 1, $3 Million
Malauzai Software, a provider of community-based mobile banking solutions, confirmed $3 million in Series B funding on November 1.
The company, founded in 2009, has a client network of 122 banks and credit unions.
Malauzai previously confirmed $2.3 million in venture round funding in April, 2012.
CurrencyFair - $2.5 Million, November 1
CurrencyFair, operator of a peer-to-peer currency exchange, confirmed a $2.5 million investment from Frontline Ventures on November 1.
The company launched in 2010. Since then, it has transferred nearly $800 million worldwide.
To date, CurrencyFair has raised more than $4 million.
Contengo - $1.4 Million, October 31
Contego, a provider of fraud protection and due diligence software, confirmed $1.4 million in funding on October 31, according to VentureBeat.
Contego uses a variety of platforms to accrue data, including social media, commercial partners and law enforcement agencies.
In February 2012, Contego secured $554,000 in startup funding.
Nextdoor - $60 Million, October 29
Nextdoor, a neighborhood-based private social network, confirmed $60 million in Series C funding on October 29.
Nextdoor, founded in 2010, allows community members to share information about local goods and services.
In February 2013, Nextdoor announced $21.6 million in Series B funding. The company also confirmed $18.6 million in Series A funding in July 2012.
Airbnb - October 28, $200 Million
San Francisco-based travel marketplace Airbnb confirmed $200 million in Series C funding on October 28, TechCrunch reported.
The round was led by Founders Fund and included unidentified previous investors.
The fundraising was previously reported one year ago, but was not confirmed until this week.
Flint - October 25, $6 Million
California-based mobile payments company Flint announced $6 million in new Series B funding on October 25.
The round was led by Digicel Group. SVG Partners, Storm Ventures and True Ventures also provided capital.
CEO Greg Goldfarb told TechCrunch that the company plans to use the funds to grow its 16-person staff while focusing on backend tools for small business owners.
Funding Circle - October 23, $37 Million
U.K. based peer-to-peer business loan marketplace Funding Circle revealed $37 million in Series C funding on October 23, VentureBeat reported.
Accel Partners led the funding round. Index Ventures, Ribbit Capital and Union Square Ventures also contributed.
To date, Funding Circle has raised $58 million. It is currently preparing for an entrance into the U.S. market.
Prism Skylabs - October 22, $15 Million
California-based offline commerce and big data specialist Prism Skylabs announced $15 million in Series B funding on October 22, TechCrunch reported.
The funding was contributed by Intel Capital, Presidio Ventures, Triangle Peak, Data Collective and Expa.
Prism offers tools to help businesses measure offline conversion, using cameras to provide retailers and businesses with real-world metrics. The funding follows its $8.5 million Series A in October 22.
Depop - October 17, $1 Million
U.K.-based mobile social marketplace Depop disclosed $1 million in new seed funding on October 16, VentureBeat reported.
The funding was provided by Red Circle Investments and an unnamed Hugo Boss board member, the media outlet noted.
The company was founded in 2011, and previously received $644,000 in seed funding in October 2012.
Javelin Venture Partners - October 16, $125 Million
Prominent VC firm Javelin Venture Partners announced a new $125 million fund on October 16, according to VentureBeat.
The funding topped the company's totals from 2012 and 2011, which were disclosed at $105 million and $85 million respectively.
The fund will distribute $500,000 to $4 million investments to 20 companies.
Refinery29 - October 16, $20 Million
New York-based fashion eCommerce website Refinery29 announced $20 million in new Series C funding on October 16, AllThingsD reported.
The capital was provided by Stripes Group. In addition to the funding, the company also revealed it will pivot away from commerce, which had been a core value proposition but only accounted for 5 percent of its revenue.
To date, Refinery29 has raised $30.4 million in funding.
Personal - October 15, $4.5 Million
Washington, D.C.-based web and mobile security platform provider Personal raised $4.5 million in Series B funding on October 15, AllThingsD reported.
The round was led by Legg Mason investment manager Bill Miller. The company plans to use the funds to help it transition from a free to paid service.
Since its founding in 2009, the company has raised $20 million.
Shopcade - October 15, $4 Million
U.K.-based social commerce app Shopcade revealed $4 million in new seed funding on October 15.
The funding will be used by the company to accelerate its mobile growth. Shopcade's past investors include notable luminaries such as Daniel Bernard, Ian Livingston, Eidos Games and Lord John Birt.
The company has not disclosed its total fundraising to date.
ShopRunner - October 10, $206 Million
Pennsylvania-based online retail shopping service ShopRunner announced $206 million in new fundraising on October 10.
The round was led by China-based eCommerce giant Alibaba, a rival to Amazon, which provided $70 million in capital. ShopRunner offers two-day shipping from a variety of retailers for an annual fee, a model that has been compared to Amazon Prime.
eBay sold off its 30 percent share in ShopRunner as part of the deal. ShopRunner is now valued at roughly $600 million.
Lookout - October 10, $55 Million
San Francisco-based mobile security solution provider Lookout revealed that it raised $55 million in venture round funding on October 10, according to AllThingsD.
Deutsche Telekom led the round. Accel Partners, Andreessen Horowitz, Greylock Partners, Khosla Ventures, Index Ventures, Qualcomm Ventures and Mithril Capital Management all provided capital.
To date, Lookout has raised more than $130 million.
Level - October 10, $5 Million
Mobile financial app provider Level disclosed $5 million in Series A funding on October 10 for its solution that lets consumers better manage their finances, TechCrunch reported.
KPCB led the round. Level says it will use the funding to further its goal of getting a new generation of young people to think about their financial health.
Flipkart - October 8, $160 Million
Bangalore-based online shopping destination Flipkart announced $160 million in new Series E funding on October 8.
The capital brings Flipkart's Series E total to $360 million, the largest ever round garnered by an Internet startup in India. Since its founding in 2007, Flipkart has raised more than $540 million.
Dragoneer Investment Group, Morgan Stanley Investment Management, Sofina and Vulcan Capital all provided capital to the online marketplace for the first time.
Flipkart says it will use the funding to better compete against eBay-owned competitor Snapdeal and other competitors.
Swirl - October 8, $8 Million
Boston-based personal shopping assistant app Swirl announced $8 million in Series B funding on October 8, VentureBeat reported.
Investors in this round included Heart Ventures, Longworth Venture Partners and SoftBank Capital.
To date, Swirl has received more than $14 million in funding through its Series A and Series B rounds.
ERN - October 6, $1 Million
U.K.-based big data analytics and loyalty provider ERN announced $1 million in new seed funding on October 6 to further assist banks and merchants looking to create loyalty offers for cardholders.
The capital will help ERN as it seeks to expand into Asian markets. TechCrunch suggests the capital was needed after ERN spent previous fundraising on two notable acquisitions.
TabbedOut - October 4, $7.75 Million
Texas-based mobile payments and hospitality company TabbedOut announced $7.75 million in Series B funding on October 4.
Heartland Payment Systems, Morgan Creek Capital and NEA provided funding for the round. The company said it will use the funds to "accelerate growth and market penetration."
RocketBank - October 3, $2 Million
Russia-based banking service RocketBank announced $2 million in new seed funding on October 2, according to VentureBeat.
The funding was provided by Runa Capital. RocketBank's iOS-only app allows users to complete money transfers without requiring the bank details of the recipient. Users then pay a subscription fee to use the service.
CardFlight - October 2, $1.6 Million
New York-based mobile payments software development kit (SDK) provider CardFlight revealed $1.6 million in new seed funding on October 2.
The round was led by ff Venture Capital. Apostolos Apostolakis, Entrepreneurs Roundtable Accelerator, Great Oaks Venture Capital and Plug & Play Ventures participated in the round.
The additional funding will allow CardFlight to keep pace with demand and grow its team of seven full-time employees.
Plenummedia - September 30, $6.5 Million
Spain-based SMB online commerce solutions provider Plenummedia has collected $6.5 million in new fundraising, TechCrunch revealed on September 30.
The Series B capital was provided by Seaya Ventures. The company previously raised $4 million in Series A funding in January of 2012.
Shyp - September 27, $2.1 Million
California-based shipping optimization service Shyp has raised $2.1 million in new seed funding, TechCrunch reported on September 27.
The funding was lead by VC firm Homebrew, and also included capital from Sherpa Ventures.
The service is currently only available in beta in the San Francisco area. Shyp plans to add a second city to its service area soon.
LevelUp - September 26, $7.5 Million
Massachusetts-based mobile loyalty app provider LevelUp announced $7.5 million in new capital, an SEC filing revealed on September 25.
No new investors were named in the filing, however, Peter Bell (of Highland Capital Partners) and Rich Miner (of Google Ventures) participated.
LevelUp had planned to delay further funding until 2014.
Deem - September 24, $70 Million
Arizona-headquartered commerce network Deem announced $70 million in Series G funding on September 24, VentureBeat reported on September 24.
The location-aware B2B eCommerce marketplace plans to raise $100 million in the ongoing round. Deem did not respond to the media outlet's request for comment.
Simplee - September 24, $10 Million
California-based healthcare bill payment service Simplee revealed $10 million in new funding on September 24.
Simplee aims to use the capital to expand its team to 30 members and invest in sales and marketing for SimpleePAY, its top-performing product.
To date, Simplee has raised $7.8 million in funding.
NGDATA - September 24, $3.3 Million
New Jersey-based consumer intelligence management solution NGDATA has raised $3.3 million in Series A funding, TechCrunch reported on September 24.
The capital was provided by Capricorn Venture Partners, Sniper Investments as well as unnamed angel investors.
To date, NGDATA has raised $5.8 million for its real-time customer offer generator.
Dafiti Group - September 17, $70 Million
Sao Paulo, Brazil-based fashion eCommerce startup Dafiti Group announced $70 million in new financing as part of its ongoing venture round on September 17.
The funding was provided by the Ontario Teachers' Pension Plan, one of Canada's largest investment funds. Dafiti Group has raised $255 million to date.
The capitol will be used to help Dafiti Group improve its customer service and product selection.
Kiosked - September 18, $6.9 Million
Finland-based interactive storefront platform Kiosked revealed $6.9 million in new financing as part of its Series B funding round on September 18, The Wall Street Journal reported.
The round was financed by three private investors, including John Lindfors, of Digital Sky Technologies; Kevin Wall, of Craton Equity Partners; and Kaj Hed, one of the founders of Rovio Entertainment.
The company will use the capital to expand into the U.S. and Asian markets.
Deliv - September 19, $6.85 Million
California-based same-day delivery service Deliv announced $6.85 million in new funding as part of its Series A round on September 19.
RPM Ventures and Upfront Ventures led the round. The funding will be used to help Deliv to fuel a new partnership with General Growth Properties, the Chicago-based shopping mall operator.
Deliv is looking to roll out its service nationwide by this holiday season.
Branding Brand - September 19, $9.5 Million
Pennsylvania-based mobile commerce platform Branding Brand has raised $9.5 million as part of its Series B round.
Insight Venture Partners led the funding. CrunchFund, eBay Enterprise and Lead Edge Capital also contributed to the round.
Since its 2008 founding, Branding Brand has raised $17 million to help top retailers increase their brand presence through mobile.
Plaid - September 19, $2.8 Million
San Francisco-based API for banking data Plaid disclosed $2.8 million in seed funding on September 19.
Spark Capital led the round. Felicis Ventures, Homebrew Capital, Google Ventures and NEA also provided capital.
The funding will help the startup further its goal of making banks more developer-friendly.
Gigya - September 19, $25 Million
California-based social media management suite provider Gigya has raised $25 million in venture round funding, TechCrunch reported on September 19.
The round was led by Greenspring Associates, and included contributions from Advance Publications, Benchmark Capital, DAG Ventures and Mayfield Capital.
The capital brings Gigya's to-date funding total to $70 million.
Action X - September 16, $3 Million
New York-based mobile customer acquisition specialist ActionX announced $3 million in new funding on September 16, All Things D reported.
Lerer Ventures, Softbank Capital and Verizon Ventures provided the capital, which brings the startup's total funding to $5 million.
The new investment will help ActionX as it seeks to expand its focus to commerce and media companies.
Kreditech - September 13, $7 Million
International big data scoring company Kreditech revealed $7 million in new funding on September 13.
The funding came courtesy of Kreos Capital, Europe's largest growth debt provider. Kreditech's past investors include Blumberg Capital.
Kreditech is seeking to improve microlending by assessing new factors, such as eCommerce shopping behavior, mobile phone use and social media use.
Numbrs - September 10, $3.8 Million
Switzerland-based mobile banking app Numbrs revealed $3.8 million in new funding on September 10.
The capital was provided by Centralway, its parent company. Centralway previously invested $7.7 million in Numbrs.
The funding will help Numbrs as it seeks to expand into the U.S. market. Numbrs is currently in the midst of opening a New York office.
Yoyo - September 10, $1.2 Million
U.K.-based mobile payment and loyalty platform Yoyo announced $1.2 million in seed funding on September 10, TechCrunch reported.
Mathias Entenmann, Alain Falys and Richard Muirhead all contributed to the round, as did unnamed executives from Barclaycard, First Data and Visa.
Yoyo was founded in 2013, and is seeking to design a faster, simpler way for consumers to buy goods and collect loyalty points for mobile purchases.
FrontDesk - September 6, $3.2 Million
Seattle-based SaaS client management platform provider FrontDesk announced $3.2 million in new seed funding on September 6.
Second Avenue Partners led the round. J.D. Delafield, Lloyd Frink, Rich Barton and Venture One Ventures also participated. With the new funding, FrontDesk said it would add additional functionalities to its platform and scale its team for international expansion, TechCrunch reported.
Zuora - September 5, $50 Million
California-based software-as-a-service (Saas) recurring revenue solution provider Zuora announced $50 million in new funding on September 5 as part of its Series E round.
First-time contributors included Benchmark Capital, Greylock Partners, Index Ventures and Redpoint Ventures.
"We think we are in the first 10 percent of the company’s potential valuation," Peter Fenton, a Zuora board member, said, according to PandoDaily.
To date, the company has raised $132.5 million.
HotelTonight - September 5, $45 Million
San Francisco-based same-day hotel booking startup Hotel Tonight announced $45 million in new Series D fundraising on September 5.
Contributors included Accel Partners, Battery Ventures and First Round Capital. GGV Capital invested in HotelTonight for the first time.
Since it was founded in December, 2010, HotelTonight has raised $80 million.
Check - September 4, $24 Million
California-based mobile payments app Check (formerly pageonce) announced $24 million in new capital on September 4.
The Series C funding was led by Menlo Ventures.
CEO Guy Goldstein told PYMNTS.com that the funding will be allocated toward customer acquisition and improving its app.
Aisle411 - September 4, $6.5 Million
St. Louis-based indoor location platform aisle411 revealed $6.3 million in new Series A funding on September 4, a press release indicated.
Investors included the Billiken Angles, Plug & Play Ventures, Springfield Angel Network and St. Louis Arch Angels.
"The investment round allows the company to aggressively scale to a growing list of global retail partners and launch new products that are a natural extension of our indoor searchable maps for retailers," aisle411 CEO Nathan Pettyjohn told PYMNTS.com in a statement.
To date the company has raised more than $10 million.
Zazma - September 3, $10 Million
New York-based small business lender Zazma announced $10 million in new capital on September 3.
The venture round was led by Sequoia Capital and Spark Capital. Sequoia previously led Zazma's 2011 seed round, VentureBeat reported.
With the new capital, Zazma will continue its goal of making business financing simple and efficient for small businesses.
Vestiaire Collective - September 2, $20 Million
France-based global fashion resale marketplace Vestiaire Collective announced $20 million in new financing as part of its Series C round on September 2.
Conde Nast, which has previously invested in fashion startups such as Farfetch and Rent the Runway, led the round. Balderton, Idinvest Partners and Ventech also participated.
Vestiaire Collective has raised nearly $30 million since 2009.
Belly - August 28, $12.1 Million
Chicago-based universal loyalty program Belly announced $12.1 million in new funding as part of its Series B round on August 28.
Contributors to the round included 7-Ventures, Andreessen Horowitz, Cisco Systems, DAG Ventures and Lightbank.
To date, Belly has raised $28 million in capital.
Credorax - August 27, $40 Million
Massachusetts-based payment processing platform provider Credorax announced a new $40 million investment on August 27, according to VentureBeat.
San Francisco-based VC firm FTV Capital provided the private equity investment.
Credorax specializes in eCommerce and mCommerce processing, and had previously raised an undisclosed amount through two rounds of venture funding.
FeeX - August 27, $3 Million
FeeX, the Israel-based crowdsourcing startup aimed at helping consumers avoid bank fees, announced $3 million in new fundraising on August 27.
FeeX, which describes itself as the "Robin Hood of Fees," was founded by four entrepreneurs, one of whom recently sold the successful crowdfunding startup Waze.
The round was led by Blumberg Capital.
MySiteApp - August 27, $1 Million
MySiteApp, the Israel-based startup behind emerging mobile website solution Brow.si, revealed $1 million in new funding on August 27, TechCrunch reported.
The capital was provided by Israel-based investment company TheTime. To date, Brow.si has received $3.2 million to integrate with third-party content management systems and eCommerce platforms.
YellowPepper - August 25, $15 Million
YellowPepper, a Florida-based mobile banking and payments provider, has secured $15 million in new funding, the Miami Herald reported on August 25.
The Series C round was led by Latin Idea Ventures, and also included contributions from IFC/World Bank. The funding will help YellowPepper launch in four Latin American markets: Colombia, Eduador, Mexico and Peru.
Slice - August 23, $23 Million
California-based eCommerce organizer Slice announced $23 million in new funding on August 23.
New investors NPD GROUP, Rakuten and Russia Partners provided contributions. Returning participants included DCM, Innovation Endeavors and Lightspeed Venture Partners.
Uber - August 22, $360 Million
San Francisco-based mobile taxi app provider Uber announced roughly $350 million in funding on August 22 as part of its Series C round.
Google Ventures led the round with its purchase of 1.8 million Series C-1 preferred shares valued at $250 million. Additional investors included TPG, which contributed about $90 million in exchange for 775,092 Series C-2 preferred shares, and Benchmark, which bought $15 million worth of Series C-1 preferred shares.
Boxed - August 22, $1.1 Million
Mobile wholesale goods retailer Boxed announced $1.1 million in new seed funding on August 22 to further its goal of becoming the medium's version of Sam's Club or Costco.
Participating firms included 15 Angels, ENIAC Ventures and Social Starts. Former Zynga executive and Boxed investor David Ko will join the company's board.
Powa - August 20, $76 Million
U.K.-based mobile payments startup Powa revealed that it raised $76 million in Series A funding on August 20.
The company did not release details about its investors. TechCrunch noted that it believes Wellington Management contributed to the round.
Buttercoin - August 20, $1 Million
Buttercoin, a bitcoin-based trading engine, announced $1 million in seed funding on August 20. The funding will help it create new solutions for the remittance market.
Investors included Floodgate, Initialized Capital and Rothenberg Ventures. Google Ventures' Chris Hutchins and Kevin Rose also contributed to the seed round.
Buttercoin plans to use the currency to begin operations in India, and open in six additional markets in the next nine months.
ShopAdvisor - August 19, $5 Million
ShopAdvisor, a Massachusetts-based shopping experience company that sends targeted ads to online magazine and editorial readers, announced $5 million in new funding on August 19, a press release revealed.
The venture round financing was provided by firms such as Pittco Capital Partners, Rationalwave Capital Partners and Seavest Capital. Boston-based investors Ron Soni and Bob Davoli also contributed.
To date, ShopAdvisor has raised $7 million.
Wallmob - August 19, 1.2 Million
Danish-based point of sale (POS) provider Wallmob revealed that it has raised $1.2 million in seed funding on August 19, TechCrunch reported.
The funds will assist Wallmob as it eyes international expansion.
Restorando - August 16, 13.3 Million
Argentina-based online restaurant reservation platform Restorando announced that it raised $13.3 million in Series B funding on August 16.
The round was led by Flybridge Capital Partners and included contributions from Atomico, Emergence Capital Partners, Kaszek Ventures and Storm Ventures.
Restorando has raised $17 million in total.
Punchh - August 15, $3 Million
California-based loyalty rewards startup Punchh, which creates branded mobile apps for restaurants, has raised $3 million as part of its Venture Round, VentureBeat reported on August 15.
Punchh said it chose to keep its funding low, and that it received all it needed to continue to grow its operations.
AvantCredit - August 14, $20 Million
Illinois-based consumer-lending platform AvantCredit, which harnesses big data to assess loans, announced $20 million in Series B funding on August 14.
The funding round was led by contributions from August Capital and Victory Park Capital. The Series B fundraising marks the second time AvantCredit has passed the $20 million-mark in a funding round.
Zipmark - August 14, $1.5 Million
New York-based digital check payment platform Zipmark revealed $1.5 million in seed funding last Wednesday to bring its fundraising total to $3.5 million.
Zipmark said it would use the funding to grow its SMB market share and increase the size of its development team.
Sosh - August 13, $10.1 Million
San Francisco-based mobile recommendations startup Sosh has garnered $10.1 million in new funding, VentureBeat reported on August 13.
Khosla Ventures led the Series B fundraising round. The startup has collected $14 million in capital since 2010.
Fab - August 12, $5 Million
Fab, the emerging New York-based eCommerce website, announced that it raised $5 million in additional Series D funding on Monday, All Things D reported.
The capital was provided by Japan-based Itochu Corporation, which will develop a joint venture with Fab, and brings Fab's total ongoing Series D fundraising to $180 million, according to CrunchBase.
GetTaxi - August 8, $12 Million
Global mobile taxi-booking app GetTaxi revealed $12 million in new funding on August 8 to further its goal of competing against Uber in the U.S. market.
The Series C funding follows the company's $20 million Series B round, and its $8 million in Series A funding. To date, GetTaxi has raised $42 million in capital.
LendKey - August 7, $12.5 Million
LendKey, a New York-based peer-to-peer lending platform, announced $12.5 million in new funding as part of its Series B round on August 7.
The capital was provided by Draper Fisher Jurvetson, Gotham Ventures, TTV Capital and Updata Partners.
The company has raised $22 million in funding since its 2007 founding. LendKey manages roughly $400 million in student loans through its service.
ClearDATA - August 6, $7 Million
Phoenix, Arizona-based ClearDATA, a startup that allows healthcare companies to meet and maintain federal digital storage requirements, announced $7 million in Series B funding on Tuesday, August 6, VentureBeat reported.
The capital was provided by Excel Venture Management and Norwest Venture Partners, and will go toward helping the company market more effectively and attract sales.
The announcement follows the undisclosed Series A investment ClearDATA received in March, 2012.
Clutch - August 5, $5 Million
Clutch, the Pennsylvania-based mobile shopping, mobile wallet and loyalty player looking to simplify mCommerce, raised $5 million in new funding on August 5, TechCrunch reported.
The Series B round was led by Safeguard Scientifics, and included capital from Ben Franklin Technology Partners. Clutch also announced that it had acquired merchant gift card provider ProfitPoint.
Patreon - August 1, $2.1 Million
San Francisco-based video crowdfunding service Patreon announced $2.1 million in new funding on August 1. Participating investing firms included Atlas Ventures, Charles River Ventures, Freestyle Capital, Rothenberg Ventures and SV Angel. Alexis Ohanian, Garry Tan and Tyler Willis also provided capital.
Patreon will use the funds to further its presence in the video content distribution market.
ZestFinance - July 31, $20 Million
California-based short-term loan provider ZestFinance, formerly ZestCash, announced $20 million in new fundraising last Wednesday. PayPal co-founder and serial entrepreneur Peter Thiel led the Series C round.
Eastwood Capital Partners, Kensington Capital Holdings, Lightspeed Venture Partners and Matrix Partners also provided funding for the round. ZestFinance last raised $73 million in January 2012 as part of its venture round.
Fab - July 31, $10 Million
New York-based online eCommerce giant Fab raised $10 million in additional capital for its ongoing Series D funding round on July 31.
The funding comes from SingTel Innov8, the business solution provider's VC outlet. To date, Fab has raised $165 million in its Series D round.
Chirpify - July 31, $4 Million
Oregon-based social commerce platform Chirpify announced it raised an additional $4 million in capital as part of its Series A round on Wednesday.
Participating firms included Provenance Ventures, Saturn Partners and Voyager Capital. NBA trainer Idan Ravin and former Interscope exec David Cohen also provided capital.
Chirpify will use the money to bring its services to new markets.
Olapic, July 30, $5 Million
New York-based photosharing player Olapic, a technology platform seeking to monetize user-generated photos, revealed $5 million in new Series A funding on July 30.
Existing investors Great Oaks and Scout Ventures provided the funding. Olapic previously raised $1 million as part of its seed funding round.
Jifiti - July 29, $2.5 Million
Omnichannel digital gifting startup Jifiti.com raised $2.5 million in seed funding on July 29, TechCrunch reported. The capital was provided by commercial real estate company Simon Property Group.
In addition to the funding, the company also announced an updated interface for its gifting app.
Zenefits - July 26, $2.1 Million
Zenefits, a California-based, Y Combinator-launched health insurance and payroll management service for businesses, announced $2.1 million in new seed capital on July 26, TechCrunch reported.
Contributors to the round included Andreessen Horowitz, General Catalyst and Alexis Ohanian. Maverick Capital and Venrock led the round.
Bigcommerce - July 25, $40 Million
Texas-based eCommerce platform Bigcommerce raised $40 million as part of its Series C funding round on July 25. The funding was provided by Revolution Growth fund, a VC firm headed by former AOL executive Steve Case. Case will join the Bigcommerce board following the funding.
Watsi - July 25, $1.2 Million
San Francisco-based healthcare crowdfunding service Watsi announced $1.2 million in new fundraising on July 25. Tencent, Paul Graham and Geoff Ralston were among the notable names that contributed to the startup's "philanthropic seed round."
Watsi seeks to connect people in need of medical care with donors so they can afford vital treatments.
Easy Taxi - July 24, $10 Million
Brazil-based mobile taxi app Easy Taxi revealed $10 million in Series B funding on July 24. The announcement came just one month after it raised an additional $15 million as part of its Series B round.
The new capital will help the Rocket Internet-fueled startup enter the African market.
Springbot - July 24, $3 Million
Springbot, an Atlanta-based big data-fueled marketing platform specializing in eCommerce, announced $3 million in new funding on July 24. Funding for the Series A round was provided by TechOperators and TTV Capital.
The money will go toward doubling the company's workforce by adding to its sales, customer service and software development teams.
Bee Cave Games - July 24, $1.3 million
Texas-based social and mobile game provider Bee Cave Games announced $1.3 million in new seed funding on July 24, All Things D reported. The money will help it support its popular social casino game Blackjack Casino and help it further its objectives.
Bee Cave Games previously raised $1.4 million as part of its venture round in February.
Viableware - July 23, $6.5 Million
Washington-based software provider Viableware announced it raised $6.5 million during its Series B financing round on July 23, a press release for the company said. The round was led by a group of angel investors. Swiftsure Capital LLC also provided capital.
Viableware said it will use the funds to bring RAIL, its payment platform for full-service restaurants, to more merchants nationwide.
Chairish - July 18, $3.3 Million
San Francisco-based peer-to-peer furniture consignment marketplace Chairish announced $3.3 in new fundraising on July 18, VentureBeat reported. Azure Capital Partners and O'Reilly AlphaTech Ventures led the seed funding round.
Chairish said it will use the money to further take on online classifieds giant Craigslist. Its service assists users with logistics and payments, as well as by providing customer service.
Optoro - July 17, $23.5 Million
Maryland-based asset recovery service Optoro raised $23.5 million in Series B funding on July 16, VentureBeat reported. The funding will help Optoro further develop software-as-a-service products that help online retailers manage and sell damaged, overstocked or returned items, and reduce warehouse clutter.
Revolution Growth Fund, an organization founded by former AOL executives, led the funding round.
Rocket Internet - July 16, $500 Million
Startup incubator Rocket Internet, which has funded major emerging eCommerce players like The Iconic, JUMIA and Lazada, announced $500 million in new fundraising on July 16. Access and Kinnevik, two of the Berlin-based organization’s regular investors, provided the capital.
With the funding, Rocket Internet has raised more than $1 billion in funding in the last year. The company plans to allocate up to 90 percent of the funds toward its eCommerce projects.
TrustRadius - July 15, $5 Million
Mayfield Fund invested all $5 million. Rajeev Batra, a Mayfield Fund partner, will join the board of directors at TrustRadius following the announcement.
Judo Payments - July 15, $5 Million
Mobile payment solution provider Judo Payments revealed that it raised $5 million in seed funding during its initial stages, TechCrunch reported on July 15.
The original funding was provided by an unnamed New York investor. Prior to this announcement, it was not known how the company raised its original capital.
Flipkart - July 11, $200 Million
India-based online shopping destination Flipkart has raised $200 as part of a new funding round. Accel Partners, Iconiq Capital, Naspers and Tiger Global were among the investors that participated.
The funding round is the largest for an Indian eCommerce company to date. Flipkart said the capital will help it as it looks to compete against major player Amazon domestically.
The Iconic - July 10, $26 Million
Australian eCommerce outlet The Iconic announced $26 million in new funding as part of its venture funding round on July 10. Capital was provided by Kinnevik, Summit Partners and Verlinvest, which led the round.
The Iconic previously raised $46 million in venture fundraising in January 2012. With the new fundraising, the company set a record for the most money raised by an Australian eCommerce company.
The capital will help The Iconic as it looks to bolster its market presence in Australia and New Zealand.
Instacart - July 10, $8.5 Million
Same-day grocery delivery service Instacart announced that it raised $8.5 million in Series A funding on July 10. The funding was led by Sequoia Capital, a major player in the egrocery market.
The funding adds to the $2.3 million Instacart raised in October 2012. For more on the challenges Instacart faces in this marketing, click here.
Izyi Payments - July 10, $1.4 Million
Tukey-based payments platform izyi Payments announced $1.4 million in new Series A funding on July 10 to expand in its home country.
The capital came from "a group of leading international business angels," a press release for the company said. Iyzi indicated the fundraising was prompted by increases in demand, which it said has been five times greater than what it original projected.
Zebit - July 8, $30 Million
U.K.-based short-term lender Zebit received $30 million in debt funding on July 8, VentureBeat reports.
CEO Michael Thiemann said the funding will allow it to continue to offer competitive rates on traditional underwriting. The company has raised $95 million in fundraising since 2009.
The Fancy - July 8, $53 Million
Though the document did not name any investors, sources reportedly told the media outlet that American Express and actor Will Smith were among those who provided capital.
Fancy stated that it is now valued at $600 million in the filing.
Global Analytics - July 8, $30 Million
Global Analytics, a San Diego-based, online-only financial services company, has announced $30 million in debt financing, Xconomy reports.
The funds will support the company as it seeks to bring microlending services to more underbanked U.S. consumers. Global Analytics provides the underlying analytics technology that currently powers U.K. short-term loan providers Lending Stream and Zebit.
The company previously raised $10 million as part of its venture round funding in 2009.
Sequent Software - July 8, $12 Million
California-based Mobile software and services provider Sequent Software has closed a $12 million round of financing, a press release for the company revealed.
The Series B funding round was led by Sberbank's SBT Venture Capital, the venture-focused arm of Russia's largest credit institution. Opus Capital and Jado Investments, both previous investors, also provided capital.
Sequent said the funding will help it drive mobile operator and card issuer adoption of its Trusted Service Manager (TSM) and wallet platform.
Ideeli - July 5, $12 Million
Ideeli, a New York-based provider of limited-time sales events, or flash sales, has raised $12 million as part of a new round of fundraising. Investors in this round of funding were not disclosed. Past investors have included Credit Suisse, Kodiak Venture Partners and StarVest Partners.
Launched in 2007, the company has raised $112 million to date.
Basno - July 2, $1 Million
Basno, a marketing service that allows companies to create digital badges to spread brand awareness, has announced $1 million as part of its Series A funding round, TechCrunch reported. Investors included Empire Angels, Index Ventures, META+, Plough Penny Partners and RRE.
The $1 million topped the New York-based company's first round of funding in 2011, when it raised $225,000 during a friends and family round.
Crinkle - June 27, $25 Million
The much-buzzed-about stealth startup Crinkle announced it raised $25 million to further its goal of eliminating physical wallets from payments. The project's new backers included major names like Accel, Jim Breyer, Andressen Horowitz, Owen Van Natta, Ross Perot Jr., Peter Thiel and the founders of VMWare, among others.
For an inside look on deal, PYMNTS spoke to Dan Rosen, general partner at Commerce Ventures.
Revel Systems Inc. - June 26, $10.1 Million
San Francisco-based Revel Systems has garnered $10 million from investors during its second round of venture funding. Two well-known entrepreneurs working in the Asia-Pacific sphere, Tim Tighe and Sean Tomlinson, provided the capital.
Storefront - June 26, $1.6 Million
Storefront, the provider of short-term rental space to retailers for pop-up shops, has raised $1.6 million in funding. The startup plans to use the funds to open 50 locations in New York, primarily in Manhattan and Brooklyn.
Industry observers suggest Storefront presents an innovative way to make use of unused retail space.
PeerTransfer - June 25, $6.4 Million
International payments solution provider PeerTransfer has amassed $6.4 million in funding to help make it easier for students to exchange money with parents while they are studying abroad.
QED Investors led the round, with FIDES and KIBO Ventures also participating, VentureBeat reports. The Boston-based startup has raised $15 million in fundraising since its inception.
Ensygnia - June 21, $3.3 Million
U.K.-based software as a service (SaaS) provider Ensygnia has raised $3.3 million for its as-yet unreleased products that offer a visual alternative to NFC payments.
Investors in this seed round included Irongate Capital, Pantheon Ventures, Rhoddy Swire, Sancy Capital and Wayra. The company said the investment marked one of the largest funding rounds for a "pre-revenue, pre-product company."
Easy Taxi - June 24, $15 Million
Latin America Internet Holding, the South America-based holding company operated by Rocket Internet, has invested $15 million in Easy Taxi, an app aiming to be the region's answer to Hailo and Uber.
Easy Taxi will use the funds to expand its operations in Latin America as it looks to go global, TechCrunch reports.
The funding follows a $30 million round of backing finalized in December 2012
E La Carte - June 24, $13.5M
E La Carte, a startup that develops tablets restaurant customers can use to order and pay from their seats, disclosed that it has brought in $13.5 million in funding. The Series B round was led by Intel Capital, TechCrunch reports. Romulus Capital also contributed.
The company had previously raised a total of $5 million toward its goal of bringing its central offering, Presto, to more restaurants.
Iyzi Payments - June 20, $1.4 Million
Iyzi Payments, a Turkey-based online payment solution provider, announced it has raised $1.4 million in new capital through its Series A round. The funding, which it received from "a group of leading international business angels," will go toward helping Iyzi develop its presence in Turkey.
The company launched its first product in April, and said demand for this product has passed expectations.
Fab.com - June 19, $150 Million
New York-based eCommerce and daily deal provider Fab.com passed the $1 billion valuation mark with $150 million in new funding. Andreessen Horowitz, Atomico and Tencent are leading the ongoing Series D round, according to Forbes. It also includes past investors Docomo Capital, Lars Hinrichs, Menlo Ventures, Pinnacle Ventures and RTP Capital.
Fab said it is looking to raise up to $250 million by the time its Series D fundraising round closes.
Lazada - June 19, $100 Million
Lazada, the VC-funded online retailer aiming to corner the Asia-Pacific market, received an additional $100 million from investors. Participating contributors included Holtzbrinck Ventures, Kinnevik Investment AB, Summit Partners and Tengelmann Group. Belgium-based Verlinvest was the only new investor.
The $100 million in additional capital made this round the largest to date for the Rocket Internet-backed startup.
Personetics - June 19, $11.5 Million
Personetics, the maker of a predictive virtual assistant product that aims to help banks better provide digital customer service, raised $11.5 million to bring its Series B funding to a close, according to a company press release.
The New York-based company's second round of funding was led Lightspeed Venture Partners. It also included existing contributors Carmel Ventures and Sequoia Capital.
The release indicated that a Lightspeed Venture Partners partner will join the Personetics board.
ERN - June 19, $1.6 Million
ERN, a U.K.-based data collection and analytics platform for card issuers, merchants and payment processors, has raised $1.6 million in seed funding. ERN did not name the firms or individuals that participated in the funding round, and only described the investors as "high net worth individuals."
Last December, ERN earned $2 million in capital from around 20 unnamed investors. Its signature product Looop allows card issuers and merchants to bolster customer loyalty by developing new products.
Ayannah - June 18, $1 Million
Filipino gift remittance startup Ayannah raised $1 million as part of its first angel round, according to a report by TechCrunch.
Two California-based firms, Golden Gate Ventures Siemer Ventures, led this funding round. Ayannah's fundraising totals $2.5 million to date.
The company's primary service allows Filipinos working overseas to send payments to their families in the Philippines. However, it plans to target the estimated 200 million-strong global migrant worker market.
JUMIA - June 17, $35 Million
JUMIA, the Rocket Internet-launched Nigerian eCommerce destination, raised $35 million in new funding from Millicom this week. The funding came on the date of its first anniversary, and will be shared by JUMIA and partners such as Kaymu, hellofood and Vamido.
The funding comes as JUMIA seeks to expand its foothold in its domestic market and transition operations to a new warehouse.
Elastic Path - June 14, $8 Million
Elastic Path Software received $8 million in financing from specialty finance firm Wellington Financial as part of a debt round of funding.
The money will reportedly be used by Elastic to invest in its API platform and integrate with content management companies.
Wrapp - June 13, $15 Million
Wrapp recently secured $15 million as part of its second round of funding. This round included participation from returning investment firms such as Atomico, Creandum and Greylock Partners. New investors included American Express, Qualcomm Ventures and SEB.
One year after entering the U.S. market, the Sweden-based social gift card provider has raised more than $25 million.
Encap - June 13, $2 Million
Encap has brought in $2 million to up its total to-date funding to almost $3 million.
The Norway-based online authentication solution provider received the money from Alliance Ventures, though the terms of the deal were not disclosed.
Lamoda - June 11, $130 Millio
Russian eCommerce retailer Lamoda raised $130 million in its most recent round of funding led by billionaire investor Leonard Blavatnik, of VC firm Access Industries. Additional contributions were made by Summit Partners and Tengelmann Ventures.
The funding was part of a cash-for-equity deal in which these three investors received undisclosed direct stakes in the company.
iZettle - June 11, $6.6 Million
European mobile POS provider iZettle revealed it received $6.6 million as part of its most recent funding round. The funds, provided by Banco Santander, follow the $31.4 million in Series B funding that the company netted last year.
The funding will help the company in its goal of expanding to more European countries. To date, iZettle has raised more than $50 million from investors.
Affinity Solutions - June 10, $21 Million
Transaction marketing and card-linked offers provider Affinity Solutions has raised just over $20 million from its recent fundraising. The Massachusetts-based company's funding round was led Chestnut Hill Ventures, a VC firm that provided $14 million in equity financing to the company last year.
The funding follows the $6.75 million in equity and convertible financing the San Francisco-headquartered company received in February.
Personal Capital – Jun. 6, $25 Million
A company aiming to serve as a wealth management platform for the “forgotten middle [class]," Personal Capital nabbed $25 million in funding this week. The company claims to track $20 billion in assets every day.
Bill Harris, former CEO of Intuit and PayPal, currently serves as Personal Capital’s top executive. Harris said the funding will be used for new hires and company growth, and that the company aims to be profitable by early 2015.
Shopgate – Jun. 6, $7 Million
Shopgate is a mobile eCommerce platform that builds customer native apps and mobile web sites for online stores. The startup disclosed to TechCrunch that the funding equaled $7 million, and announced on its blog that Northcap and Creathor Venture served as the backers.
Shopgate says it will use its funding to “accelerate its rapid global expansion, strengthen its technology leadership in mobile commerce, enter into strategic partnerships and grow its team of mCommerce experts around the world.”
Cuyana – Jun. 6, $1.7 Million
Billed by VentureBeat as “an eCommerce startup that wants you to buy less … crap,” Cuyana sells high-end apparel and accessories. The company is pushing its “Lean Closet” movement, which encourages people to buy fewer better items rather than a higher volume of cheaper ones.
As part of that initiative, Cuyana has started a program where customers can send unwanted items to people in need, and receive store credit to the site in return. Cuyana raised $1.7 million Canaan Partners this week.
Shopmium – Jun. 4, $5.6 Million
Shopmium is a French coupon advertising platform with more than 500,000 users that works with 140 brands. The company raised $5.6 million in backing this week, grabbing the funding in a Series B round led by Accel Partners, ISAI and Ventech.
Shopmium CEO Eli Curetti indicated that the backing would be used to expand Shopmium’s discovery apps to two new markets by the end of 2014.
WorldStores - June 3, $15.2 Million
U.K.-based online furniture and home and garden outlet WorldStores has raised roughly $15.2 million during its Series C funding round, according to TechCrunch. The capital was provided by existing investors such as Advent Venture Partners and Balderton Capital, and bolstered by Serena Capital, which led the round.
WorldStores says it plans to expand its product range with the funding, adding more choices to the flexible delivery options that have helped the company grow.
Insight Venture Partners - May 29, $2.5 Billion
Insight Venture Partners raised more than $2 billion for its eighth funding round, which it says will make up to $300 million investment allocations in growth-stage and late-stage companies without co-investors.
This funding will be for minor and controlling investments to be made over the next two to three years, according to reports, and will be meant to replicate the success of the firm's most recent successful exit, Tumblr, which sold for more than $1 billion.
Clip - May 28, $1.5 Million
Startup Clip received more than $1 million on the backs of investors who think it has a winning ticket by bringing a Square-like POS formula to Mexico.
The capital was provided by investors such as 500 Startups, ACCION, Alta Ventures and Karl Mehta, who owns Menlo Ventures. The company says it is confident these funds will help it make a vast improvement in the current payments system in Mexico.
BitAngels - May 27, $6.7 Million
BitAngels, a network of investors interested in virtual currency and led by David A. Johnston, Michael Terpin and Sam Onat Yilmaz, has pooled roughly $6.7 million to inject $20,000 increments of capital into this emerging market.
BitAngels was not set up as a formal fund, but all members are accredited investors with experience in VC funding a familiarity with bitcoin. The network will have three onsite locations in Austin, New York and San Francisco.
Ticketea - May 27, $4 Million
Called the "leading DIY ticketing platform in Spain" by TechCrunch, Ticketea recently announced it has passed the $4 million mark in its Series B round of funding. This investment period was led by Seaya Ventures, a Spanish VC.
To date, the company has raised more than $5.5 million to provide its services in 10 Spanish-speaking countries.
Erply - May 24, $2.15 Million
Merchant POS solution provider Erply has announced that it has secured $2.15 million as part of its Series B round to bring its total fundraising to more than $4 million.
The round included funding from Dave McClure's 500 Startups, Index Ventures and Redpoint Ventures. The company says it had investors ready to provide as much as $10 million in venture financing, but that the decision to not take these funds was a strategic move given Erply's current profitability.
Slyce - May 23, $3.75 Million
Slyce, a self-styled point-of-interest platform that offers a purchasing solution that can be incorporated in everything from tablets to TVs, announced that is has concluded its seed funding round.
The company says it brought in $3.75 million from investors, and has already been featured by publications like MobileMarketing, Techvibes and eSeller.
Lyft - May 23, $60 Million
San Francisco-based ridesharing service Lyft announced a hefty $60 million round of fundraising last week. Led by capital from Andreessen Horowitz, this funding will help the company further compete in a market that includes big names like Sidecar, Uber and RelayRides.
Previous investors Founders Fund and Mayfield Fund also contributed to this total, according to the company.
Zalora - May 22, $100 Million
Zalora, the aspiring eCommerce giant that is looking to become the de-facto provider in markets like Thailand, Vietnam and the Philippines, says it has closed a $100 million financing round. The investment was secured by Rocket Internet, the German holding company that owns Zalora, and included firms such as Summit Partners, Tengelmann Group and Verlinvest.
The company has so far only made a few million dollars in revenue but has projected profitability by 2015.
Wanderful Media - May 21, $9 Million
Wanderful, the Silicon Valley-based online local delivery shopping service, recently secured $9 million in additional funding. With these funds included, Wanderful indicates it has now raised some $36 million to date.
Ben Smith, the company's CEO, says that this funding was proof that the company has been ahead of the curb in its choices, which include investing heavily in its mobile and social efforts.
Swipely - May 21, $12 Million
Founded in 2009, POS and business analytics solution Swipely recently completed its Series B round of financing, locking in $12 million led by early-stage investment firm and new investor Shasta Ventures.
Additional contributors included First Round Capital, Greylock Partners and Index Ventures, all of whom had previously committed to Swipely financially.
The funding round brings the company's total venture financing to more than $20 million.
Marqeta - May 16, $14 Million
The payments platform Marqeta, which has partnered with Facebook for its Facebook card, indicated it has garnered $14 million in Series B funding. This round was led by investors Greylock IL, Commerce Ventures and Granite Ventures as well as unnamed angle and strategic investors, a press release from the company said. These investments follow the $7.3 million the company raised in Series A Funding.
BitPay - May 16, $2 Million
With the help of Founders Fund, a group that includes three of PayPal's founders, Bitcoin payment processor BitPay recently received $2 million in funding. Tony Gallippi, the co-founder and CEO of BitPay told PYMNTS.com that it was not looking to raise the money, but felt that the group's offer was too difficult to turn away due to the experience of its members. BitPay further said it plans to use the funds to "continue to build out the platform."
Vend - May 15, $6 Million
As part of its ongoing effort to provide POS services that use existing merchant hardware, New Zealand-based Vend announced $6.5 million in funding last week. VentureBeat indicates that half of the funds came from investors in the company's home country and Australia. Currently, Vend's solutions are used in 6,500 stores in 100 countries.
Pangea Payments - May 14, $1 Million
Pangea Payments, a Chicago-based money transfer service brought in $1 million as part of its latest seed funding round. OCA Ventures, Origin Ventures, FireStarter Fund and i2A Fund were all named as investors, as were several notable angel investors. This marked the first time the company has passed the million-dollar milestone in a funding round, according to the press release.
Namshi - May 13, $13 Million
Namshi, a popular online fashion store targeting consumers in the Middle East and run by the German-based eCommerce conglomerate Rocket Internet, has announced it has raised $13 million largely from funding provided by Summit Partners. This marked the second time the equity firm invested in Namshi, having dedicated funds to the project as recently as January. To date, TechCrunch estimates Namshi has raised roughly $34 million.
TransferWise - May 13, $6 Million
Last Monday, the London-based international money transfer service TransferWise received $6 million from noted entrepreneur and former co-founder of PayPal Peter Thiel. The additional funding brought the company's Series A funding round to an end. Together with previous rounds of seed funding, TransferWise has received more than $7 million since its launch in 2011.
Namshi – May 13, $13 Million
Rocket Internet-backed Namshi has received $13 million in funding from Summit Partners, according to TechCrunch. Namshi is an eCommerce fashion site based in the Middle East, which TechCrunch deems as a “Zappos clone.” Namshi was started back in 2012 and sells its products in six countries, namely U.A.E., Saudi Arabia, Qatar, Kuwait, Oman and Bahrain. The company has raised $34 million to date, $14 million of which have come from two funding rounds from Summit.
AvantCredit – May 9, $34 Million
AvantCredit took another step toward its goal of becoming a $1 billion business in five years last week when it announced a $34 million round of equity and debt funding from August Capital and Victory Park Capital. Of that total, $9 million was part of its Series A funding, while the remainder was a $25 credit facility. To date, the company's loan portfolio is worth more than $4 million.
Coinbase – May 7, $5 Million
Led by Union Square Ventures, Coinbase, an 11-month-old startup that functions as an online wallet to store Bitcoin, raised $5 million in a Series A deal last week. This was far greater than the $600,000 the company earned in September of 2012 during its seed round. The company says that so far it has encouraged customers to convert $15 million into Bitcoin.
Poppin – May 2, $11.1 Million
Poppin cozied up to $11.1 million in a Series B funding round this week, as the “office furniture and workstyle products” eRetailer now has $17.1 million in total backing. TrilogyGrowth led the round, with Shasta Ventures, First Round Capital and Poppin founder J. Christopher Burch chipping in as well, according to VentureBeat. Fab.com, Kate Spade, LinkedIn and Pandora are some of the companies higher-profile clients.
OnDeck – May 1, $17 Million
A startup looking to help “mom-and-pop” businesses receive the type of funding generally reserved for those in the tech industry, OnDeck raised $17 million this week as it builds out its online lending platform. The money represents an expansion of its Series D round, which was led by Google Ventures, and included backing from Peter Thiel. OnDeck has now raised $100 million in total, and its Series D round sits at $59 million.
ClickTale – April 30, $17 Million
An “in-page analytics” provider that tracks online behavior on a whole new level, Clicktale grabbed $17 million in backing this week as it looks to provide a unique set of online data. According to VenturBeat, the company tracks not only clicks that result in pageviews, but every click and scroll from every user on a website, and then presents that information to businesses in the form of a heat map. Amadeus Capital Partners led the round, with Goldrock Capital and Viola Credit chipping in as well.
Dwolla – April 30, $16.5 Million
Dwolla is a well-known online payments network hailing from the Midwest that received a boost of $16.5 million this week. Andreessen Horowitz led the round, adding another big-name investor to existing backers such as Union Square Ventures, Village Ventures and Thrive Capital. Dwolla CEO Ben Milne wrote that Dwolla will use the funding to build out its product, marketing and business teams, as well as expand its workforce in Iowa, New York and San Francisco.
Tango Card – Apr. 29, $4.1 Million
Tango Card is a digital gift card aggregator based in Seattle that just landed a Series B round of $4.125 million, according to TechCrunch. Tango Card grabs deals from major retail brands like Amazon, Target and iTunes, and plans to use the funding to launch the first stages of its international expansion. Allegro Venture Partners led the round, with Floodgate, Swan and Legend Ventures, Western Technology Investments and Innovation Endeavors also participating in the round. The company has raised $6.925 million to date.
Datalogix – Apr. 25, $25 Million
Datalogix is a company that takes offline purchase data, compiles said data with other information and then packages and sells anonymous profiles to major companies such as Google, Facebook and Yahoo. The Denver-based startup just nabbed a $25 million Series B round led by Institutional Venture Partners, with General Catalyst, Costanoa Venture Capital and Sequel Venture Partners contributing as well, according to TechCrunch. Datalogix has now raised a total of $40 million in backing.
Dynamic Yield – Apr. 24, $2 Million
An Israeli startup looking to personalize eCommerce experiences, Dynamic Yield grabbed $2 million this week in a round of institutional funding. Bessemer Venture Partners led the round, with The New York Times Company and Innovation Endeavors chipping in as well. VentureBeat notes that Dynamic Yield powers around one billion monthly pageviews as it personalizes eCommerce content in real-time.
FastSpring – Apr. 24, “Undisclosed Amount”
Pylon Capital invested an “undisclosed amount” in FastSpring this past week, making the first time the eCommerce solution has accepted outside funding. FastSpring lets businesses outsource their eCommerce infrastructure and plays in the SaaS space. TechCrunch notes that FastSpring’s will undergo role changes as well, with CEO Dan Engel becoming SVP of Marketing.
ZooZ – Apr. 23, $2 Million
Mobile payments platform ZooZ grabbed $2 million in Series A funding this week, with Portola Valley and Xeed Capital leading the round. Rhodium contributed as well, and ZooZ now has a total of $3.5 million in backing to its name. ZooZ CEO Oren Levy said the company is focusing on a payments platform that leads to higher conversion rates for retailers and developers alike.
Kreditech – Apr. 22, ~$3.5 Million
The Samwer Brothers finally put their new Global Founders Capital firm to use this week, pouring a "mid-7-figure" investment into German credit scoring and microlending startup Kreditech. Existing investors Blumberg Capital, Point Nine Capital and H2 Investment partners contributed as well. You can read more about Kreditech's new backing here.
Crowdtilt – Apr. 18, $12 Million
Crowdtilt is described as “the Kickstarter for any group,” and the group fundraiser nabbed $12 million in backing of its own this week in a Series A round. Notable investors include Sean Parker and Path’s Dave Morin, while Andreessen Horowitz led the round, per TechCrunch. Crowdtilt has now received just over $14 million in total funding.
Fits.me – Apr. 18, $7.64 Million
Fits.me is a London-based virtual fitting room that nabbed $7.2 million in Series A funding this week. Fits.me is designed to lower online shopping return rates by letting shoppers visualize how garments will fit them. SmartCap, Conor Venture Partners, Fostergate Holdings and The Entrepreneurs Fund contributed to the round.
GoCardless – Apr. 18, $3.3 Million
UK-based GoCardless was founded in 2010, and helps businesses of all sizes set up automatic bill pay, direct debits and recurring payments. Accel Partners and Passion Capital led the Series A round of $3.3 million. GoCardless already has 5,000 merchants in the UK, and now plans to expand across Europe.
BodeTree – Apr. 17, $1.4 Million
BodeTree is a company dedicated to helping small business owners get a better grasp on their finances. The startup grabbed $1.4 million in seed funding, with Greenline Ventures leading the way, according to TechCrunch. The company has more than 5,000 paying customers, who fork over $49.95 a month or $495 per year.
Fuseball – Apr. 16, $2 Million
Fuseball is a subscription-based online billing platform that’s raised $2 million in funding this week. OMERS and Covington – two of Canada’s stop investing firms – contributed to the round, according to TechCrunch. Fusebill CEO Steve Adams said the financing will go towards expanding the company’s offerings and growing its user base.
BuyReply – Apr. 15, $1 Million
Valar Ventures, Square Peg Ventures, Adrian MacKenzie and others pitched in $1 million for BuyReply: an eCommerce service allowing users to make purchases from offline media such as emails, print, SMS and from services like Twitter. Consumers need to set up a BuyReply virtual wallet from the service’s website before use, reports TechCrunch.
HomeShop18 – Apr. 12, $30 Million
An eCommerce shopping giant in India, HopeShop18 raised $30 million this week, from equal backing from OCP Asia and Network 18. The company is rumored to be aiming for a $100 million IPO. Read more here.
Relay Foods – Apr. 12, $8.25 Million
Relay Foods is an eCommerce grocer that sells food from local vendors and was founded in Virginia in 2009. The company will work with TomorrowVentures and Battery Ventures to build a mobile platform and expand its team, per TechCrunch. They raised $8.25 million through a common stock-only sale.
ByPass – Apr. 10, $3.5 Million
ByPass is a payments SaaS provider that raised a round of funding led by eBay and AEG this week, grabbing $3.5 million. Notable individuals such as Nolan Ryan and Red McCombs contributed as well. ByPass focuses on helping high-volume merchants like sporting venues revamp their ticketing services.
Zozi – Apr. 5, $10 Million
Zozi is a daily deals site-turned-high-end trips and adventures offer provider that grabbed $10 million this week. The Series B1 funding came from Launch Capital, with 500 Startups, Forerunner Ventures and others pitching in as well. Zozi has now raised $17.5 million as it continues to build on its new business model.
SavingStar – Apr. 5, $9 Million
A company that claims to be the “only national fully digital grocery savings service,” SavingStar grabbed $9 million in Series C funding this week, as it seeks to expand its service. Venture capital firm DCM led the round, with Flybridge Capital Partners, First Round Capital, IA Ventures and others pitching in as well. The funding comes right around the time of the company’s two-year anniversary.
Jusp – Apr. 4, $6 Million
Jusp is deemed by VentureBeat as an “Italian Square clone,” and the mPOS company grabbed $6 million this week. Italian VC firms Principia Sgr and Vertis Sgr contributed to the round, which Jusp hopes to use to expand to other countries. Jusp functions similarly to competitors such as iZettle and Payleven.
MokiMobility – Apr. 4, $2 Million
MokiMobility is a company we’ve covered on the site recently, and the startup announced a new $2 million Seed funding round this week as it looks to expand its platform. Epic Ventures led the round, with Spencer Tall of Allegis Capital and Tyler Smith of Fusion-IO also contributing. MokiMobility also announced a partnership with Revel Systems this week as well.
Bownty – Apr. 4, $1.1 Million
Just making the Startup Roundup cut is Bownty, a Denmark-based daily deals aggregator that raised $1.1 million in backing. Bownty operates in the U.K., France, Spain, Germany and Denmark, and aggregates over 2,500 deals from over 100 daily deals sites every day, according to TechCrunch. Danish SEED Capital and Accelerace Invest contributed to the round.
Snapdeal – Apr. 1, $50 Million
Snapdeal is an Indian eCommerce marketplace that raised $50 million in funding in a round led by eBay, VentureBeat revealed this week. Bessemer Venture Partners, Nexus Venture Partners and IndoUS Venture Partners also contributed to the round. Snapdeal has now raised $102 million in total funding. TechCrunch reports that Amazon was also interested in investing in the company.
MyBuys – Mar. 29, $1 Million
A service that monitors consumer behavior and then offers specific products or services through targeted offering, MyBuys raised $1 million this week, according to VentureBeat. MyBuys uses a combination of email promotions, ads and snail mail to reach its audience. MyBuys Palomar Ventures, Lightspeed Venture Partners and RHO Ventures contributed to the round.
Deliv – Mar. 28, $1 Million
Piggybacking on the recent same-day delivery craze, Deliv focuses on letting major retail chains provide such a service through a crowdsourcing model. The company grabbed $1 million in seed funding this week, as VentureBeat notes. General Catalyst, Redpoint Ventures, Trinity Ventures, PivotNorth and Operators Fund all contributed to the round.
DemandBase – Mar. 27, $15 Million
DemandBase is another company looking to cash in on targeted advertising, but tries to do so with a B2B approach. DemandBase raised $15 million this week in a round led by Scale Venture Partners, with Sigma Partners, Atlos Ventures, Costanoa Ventures, Sutter Hill Ventures and Adobe Systems also pitching in, per VentureBeat reporting. DemandBase has raised $44 million in total to this point and plans to expand its U.S. and European activities with the backing.
Centzy – Mar. 27, $1.6 Million
Described by TechCrunch as a startup focused on “putting prices, store hours, ratings and specials for convenience-oriented businesses online,” Centzy has raised $1.6 million. Centzy launched at TechCrunch Disrupt in May 2012, and has raised over $2 million in total funding to this point. Cowboy Ventures, Founder Collective, Lightbank, ff Venture Capital and angels from AngelList all contributed to the latest round.
Decide.com – Mar. 22, $8 Million
Decide.com is an eShopping startup that raised $8 million this week, according to VentureBeat. The company uses massive amounts of data to find the best-rated products from major U.S. retailers, and also predicts future prices on over 1.6 million items. This is Decide.com’s third round of funding, and was led by Vulcan Capital with Maveron and Madrona Venture Group participating as well. Decide.com has raised $17 million to date.
Luxa – Mar. 21, $5.3 Million
Luxa is a Tokyo-based startup that offers coupons and discounts on expensive, high quality items and services through daily deals. The company raised $5.3 million this week thanks to a round backed by Japanese VC firm JAFCO, according to VentureBeat. Some of the goods Luxa offers discounts on include food, premium sake, cosmetics and spa treatments.
Masabi – Mar. 20, $2.8 Million
Mobile ticketing solution Masabi is a startup that delivers mTicketing tech for the transportation industry, according to TechCrunch. The company focuses on letting consumers use mobile phones instead of paper tickets or smartcards to buy tickets and tokens. Fontinalis Partners led the $2.8 round they raised this week, with MMC Ventures and m8 Capital contributing too.
Videdressing – Mar. 19, $6 Million
Earlybird Venture Capital led a $6 million round of funding for Videdressing this week. An eCommerce site that aims to offer discounts on curated apparel and accessories, Videdressing will use the backing to expand in its original French marketplace, as well as enter English-speaking markets too. DN Capital, Piton Capital and Generis Capital also contributed to the round, per VentureBeat.
Bebestore – Mar. 14, $10.2 Million
Founded in 2009, Bebestore is a Brazilian eCommerce site focused solely on clothing and toys for babies and young children. Bebestore raised $10.2 million this week in a Series B round, with W7 Capital and Atomico leading the backing. According to TechCrunch, the company has now raised a total of $17.8 million.
Turn – Mar. 14, $2.7 Million
VentureBeat describes Turn as a “social/marketing/eCommerce platform,” and the company raised $2.7 million of what may turn out to be a larger round this week. Turn has grabbed $57.5 million in four total funding rounds so far.
Endgame – Mar. 13, $23 Million
Endgame is an online security company that raised $23 million in its second round of funding this week. According to VentureBeat, the company recently added Christopher Darby, CEO of the CIA’s venture arm In-Q-Tel as a chairman. Paladin Capital led the round, with Kleiner Perkins Caufield and Byers, Bessmer Ventures, TechOperators and Columbia Capital pitching in as well.
500friends – Mar. 12, $5 Million
500startups is a service that generates loyalty programs for physical stores, and it raised $5 million in Series B funding this week. Intel Capital led the round, with new investor Fung Capital and previous supporter Crosslink Capital also pitching in, per TechCrunch. The company has now raised a total of $12 million.
Casabu - Mar. 11, $1.4 Million
Casabu is a U.K.-based flash sales startup that targets online-savvy moms with clothing, toys and nursery equipment sales, according to TechCrunch. The company rasied $1.4 million in Series A funding in a round led by Ingenious Ventures, with existing investor Horatio Investments participating as well. Casabu was founded in 2011 and had previously raised around $357,000 in funding.
Jumia – Mar. 6, $26 Million
In what seems like a bi-weekly occurrence, a Rocket Internet startup has raised a huge funding round. This week it’s Jumia, the “Amazon of Africa,” grabbing $26 million in funding from Summit Partners. Jumia is currently active in Egypt, Morocco, the Ivory Coast, Ghana, Nigeria, Kenya and South Africa, according to VentureBeat.
MyPermissions – Mar. 6, $1 Million
MyPermissions grabbed its first round of funding this week, landing $1 million from a group led by lool Ventures, 500 Startups and 2B angels. Plus Ventures and Robby Hilkowitz participated as well. MyPermissions attempts to better inform users on how their information is stored and used around the web, aiming to give them more control over those settings as well, says VentureBeat.
Soldsie – Mar. 6, $1 Million
Soldsie is a service that allows for Facebook commerce, or “fCommerce,” which raised $1 million in seed funding this week. The company claims to have signed up more than 100,000 Facebook users and currently processes over $1 million per month. 500 Startups, e.ventures and FundersClub led the round.
Hybris – Mar. 5, $30 Million
A massive $30 million funding round makes Hybris the biggest winner of the week, as the company continues to build on its software solutions that allow for multi-channel eCommerce. Hybris plans on using the funding to expand its business in North America and Europe as well as look into opportunities in Asia-Pacific, according to TechCrunch. Meritech Capital Partners, Greylock Israel and Hunstman Gay Global Capital all contributed to the round.
Farfetch – Mar. 3, $20 Million
Farfetch is an online marketplace for boutiques based in London that raised $20 million in funding this week. Fashion publication Conde Nast led the round, with Index Ventures, Advent Venture Partners and e.ventures contributing as well, according to TechCrunch. Farfetch will use the investment to enter into new markets.
Plastiq – Feb. 28, $6 Million
A company focused on bringing plastic card payments to industries that otherwise lack means to accept such payments, Plastiq has raised $6 million in Series A funding. Atlas Venture and Flybridge Capital Partners led the round, with NextView Ventures, Greenoaks Capital and others contributing. Plastiq has now raised a total of $8.35 million in outside funding, according to TechCrunch.
StellaService – Feb. 27, $15 Million
Described as a “Nielson for eCustomer service” by TechCrunch, StellaService is a company that aims to measure the customer service provided by online retailers. StellaService has raised $15 million in Series B financing, with Norwest Venture Partners leading the round. Battery Ventures, DFJ Gotham Ventures, RRE Ventures and Forerunner Ventures contributed as well, and StellaServices’ total backing now sits at $22 million.
Tuition.io – Feb. 27, $1 Million
Tuition.io is a company focused on letting college grads manage their student loans from a central platform. Just six weeks away from its launch, Tuition.io has raised $1 million in seed funding in a round led by Mohr Davidow Ventures, with several other individuals and smaller VCs contributing as well. Tuition.io has also announced that it passed the $250 mark in total user debt under management.
Linio – Feb. 25, $26.5 Million
Stop us if you’ve heard this before: Linio is a Rocket Internet clone that’s raised a huge round of funding as it aims to become the biggest eCommerce player in Latin America. Linio raised $26.5 million from Summit Partners: separate from the eight-digit sum” it raised from Tengelmann Group earlier in the month, as TechCrunch notes. The company also raised $40 million in November 2012, so it’s clear Linio has plenty of believers.
uBank – Feb. 25, $8 Million
A Russian mPayments startup that plans to push for global expansion, uBank raised $8 million this week in a Series A funding round. uBank also wants to extend its platform to Windows Phone and Blackberry 10 platforms, in addition to Android and iOS systems. Runa Capital was responsible for the funding.
Mambu – Feb. 14, $2 Million
Launched in May 2011, Mambu is a cloud-based platform that lets micro-financers manage the services they provide to customers, writes TechCrunch. The company raised $2 million in Series A funding from Point Nine Capital this week, and is based in Berlin. Mambu plans on using the new backing to expand its micro-finance expert team, and to grow its global customer base.
On Deck – Feb. 13, $42 Million
On Deck is an online local lending company that offers short-term loans ranging form $5,000 to $150,000 to small businesses, sometimes making decisions within a day. On Deck raised $42 million in Series D funding from Institutional Venture Partners, according to TechCrunch. The company says it’s given out $400 million in loans to small businesses since 2008.
Verve Mobile – Feb. 13, $14 Million
Verve Mobile is an ad network centered on geo-fencing ads that grabbed its third round of funding this week. The company earned $14 million from Nokia Growth partners and Qualcomm, and has now raised at least $21 million in backing. Verve reaches 108 million monthly uniques and sees 6 billion monthly impressions, according to TechCrunch.
Getonic – Feb. 13, $1.3 Million
Israeli company Getonic is a social shopping platform that lets businesses set up online shops, called “POPshops,” quickly and efficiently. The company raised $1.3 million in funding from Rutledge Vine Capital, private investor Mortimer Singer and angel investors. Getonic was founded in 2010.
LINIO – Feb. 11, “Eight-Digit Euro Sum”
A Colombian startup looking to break into the eRetail market for consumer electronics, LINIO grabbed an “eight-digit Euro sum” from Tengelmann Group this week. The company wants to cement its holding on countries such as Mexico, Peru and Venezuela and others in the Latin American market. AB Kinnevik, JP Morgan and Summit Partners have also invested previously, according to VentureBeat.
Livrada – Feb. 11, $1 Million
Livrada is a company that’s working on new types of eBook gift cards that allow users to gift specific books to friends, rather than just generic gift cards. The platform may be especially useful for self-publishers, as TechCrunch notes. Livrada has now raised $1 million in a round led by ICG Ventures, with backing from family and friends included as well.
ParkMobile – Feb. 11, $6.3 Million
Mobile parking payments company ParkMobile nabbed $6.3 million in financing this week with current investors BCD Holdings, ParkMobile Group, Fontinalis Partners and Bluefield Investments all chipping in, according to The Paypers. Parkmobile allows consumers to pay for parking spots using their mobile phones, the Internet or a toll free number and recently expanded to Philadelphia.
Nomi – Feb. 11, $3 Million
Nomi is a company that helps “retailers fight Amazon,” in the words of All Things D, as it offers better service by tracking consumer behavior across online channels as well as when they’re actually in-store. The company raised $3 million in seed funding this week in a round led by First Round Capital, with Greycroft Partners, SV Angel, Forerunner Ventures and others all contributing. Nomi is based in New York and was founded by former Salesforce.com and Buddy Media execs.
MyTime – Feb. 7, $3 Million
MyTime is an online appointment-making service that allows consumers to see all open appointment times for specific services in a city. Users can book appointments and make payments from the app as well, according to VentureBeat. The company raised $3 million from Mark Suster, Dave McClure, Brian Lee, David Tisch and Jason Calacanis, among others. MyTime is currently only live in L.A. but plans to expand.
ecoATM – Feb. 6, $40 Million
San Diego-based ecoATM grabbed $40 million in debt financing this week from Falcon Investment Advisors as it plans to expand nationwide. The company produces terminals that accept used mobile devices and tablets, and provides consumers with cash in return. EcoATM has grown from 50 kiosks to 300 in the past year, and hopes to be at 600 or 700 kiosks by the end of 2013.
Hailo – Feb. 5, $30 Million
Hailo is an on-demand taxi service that raised $30 million for a newly created Japanese subsidiary this week as it looks to expand to Tokyo. Japanese telco KDDI was heavily involved with the funding, and Union Square Ventures and Richard Branson participated as well.
Ribbon – Feb. 5, $1.6 Million
A startup intent on bringing payments functionality to Facebook news feeds, Ribbon raised $1.6 million in funding this week, with Draper Associates, Siemer Ventures, MicroVentures and several individuals all contributing to the backing. Ribbon had previously raised $120,000 from AngelPad and launched in July of 2012.
Zimride – Jan. 30, $15 Million
Perhaps best known as the parent company of ride-sharing service Lyft, Zimride raised $15 million in funding this week from a round led by Founders Fund. Mayfield Fund, K9 Ventures and Floodgate also contributed. Lyft announced its funding shortly after Lyft revealed that it has settled with California regulators and expanded to Los Angeles.
Fanduel – Jan. 30, $11 Million
Fanduel is a Fantasy sports gaming site that lets users bet on daily games and can do so legally since predicting sports outcomes is considered a skill, not luck. The company has been around since 2009 and paid out $50 million in league winnings in 2012, according to VentureBeat. The company raised $11 million in its third round of funding from Comcast Ventures and existing backers Piton Capital, Pentech Ventures and Bullpen Capital, among others.
Linkwell Health – Jan. 30, $11 Million
Wellpoint, Spark Capital and HLM Venture Partners contributed to an $11 million series C round for Linkwell Health this week. Linkwell offers discounts, coupons and content to help consumers make healthier choices by partnering with health plans, consumer brands and grocery chains, according to TechCrunch. The company has now raised $20 million in total since its 2007 launch.
FlexMinder – Jan. 30, $1.4 Million
FlexMinder is an enterprise SaaS company that operates in the healthcare world, automating the reimbursement process for fixable spending accounts (FSAs). The company raised $1.4 million this week from WRF Capital, Founder’s Co-op and other angel investors, they said on their site. FlexMinder says they already have 260,000 participant commitments form third party administrators.
Ringadoc – Jan. 29, $1.2 Million
Ringadoc is an interesting startup aiming to be the “frontline of primary care” by charging a flat fee to allow subscribers to speak to real doctors at any time of day, according to TechCrunch. The company raised $1.2 million in seed financing from Founders Fund’s seed backer, FF Angel. After an extended beta trial, the Ringadoc went public this week.
Salt Technology – Jan. 28, $2 Million
Salt Technology is a cloud-based mPayments company that grabbed $2 million in funding this week from “private investors with deep roots in the mobile, financial and payments technology sectors,” according to Finextra. Salt’s platforms are designed to bring branded mobile wallets to market quickly and work with a wide variety of devices and, the company is scheduled to launch its first platform later this year in both Europe and the U.S.
OLO – Jan. 24, $5 Million
An impressive group of investors including PayPal, RRE Ventures, Core Capital Partners and others poured $5 million into OLO this week: an online and mobile restaurant ordering platform based in New York City. The investment comes exactly one year after the company announced it’s 1 millionth customer, notes TechCrunch, and has now raised around $13.75 million in total. OLO is currently active in about 3,000 restaurants, but is planning to multiply that number several times over in 2013.
Front Flip – Jan. 24, $3.75 Million
Front Flip is a gamification and loyalty app that has signed some big name franchises in the food industry, such as McDonald’s, Wendy’s, Burger King and Hooters in select areas of the U.S. Now investors are taking note too, backing the company with $3.75 million this week, bringing the company’s total funding to $7.7 million. Front Flip takes loyalty programs and presents them to consumers like scratch tickets or cards, adding elements of engagement and mystery to the loyalty process. Peter Brown, Gary Fish, Lance Melber and the Brandmeyer Family were all involved in the Series B funding round, according to TechCrunch.
Lazada – Jan. 22, Near $20 Million
Lazada is yet another Rocket Internet-backed startup raking in the funding, receiving a “strategic funding” round of nearly $20 million, as we covered last week. The company received the backing from Germany retail group Tengelmann, as it aims to become the Amazon of the Asian marketplace. Lazada had already reaised $26 million in December 2012 and $50 million in November 2012, putting it on quite the roll.
PayNearMe – Jan. 22, $10 Million
Underbanked payments specialist PayNearMe is a company that takes an interesting approach to cash-based payments by generating payments slips for people to bring to 7-Eleven or ACE Cash Express stores and complete transactions with physical money. The company received $10 million in Series D funding led by August Capital, with existing investors Khosala Ventures, Maveron and True Ventures participating as well, notes TechCrunch. According to PayNearMe, its volume tripled in 2012 compared to 2011.
BuyBox – Jan. 22, $2.3 Million
French social payments company BuyBox nabbed $2.3 million in funding from Iris Capital and Midi Capital this week as it seeks to allow eCommerce sites to collect group payments. According to The Next Web, BuyBox offers its services under a white label and integrates group payment functionality into a company’s existing eCommerce platform. The funding will be used by BuyBox to “explore international opportunities.”
Cellrox – Jan. 21, $4.7 Million
Cellrox is a “Bring Your Own Device” (BYOD) startup based in Tel Aviv that nabbed $4.7 million in backing this week. The company allows mobile devices to support two or more different OS installations, improving security without sacrificing functionality. According to TechCrunch, Runa Capital led the round, with Previz Venture Partners, Columbia Technology Ventures and others contributing as well.
payleven – Jan. 20, “High Single-Digit Million”
The SamwerBrothers strike again: payleven, which is the Rocket Internet’s European answer to Square, received a “high single-digit million dollar” funding round this week. Details are scant, but while the round is “largely” from a new backer, TechCrunch has learned that existing backers such as New Enterprise Associates, Holtzbrinck Ventures, ru-Net and Rocket Internet have all contributing to the round too. payleven’s strategy is similar to that of iZettle, but unlike its competitor, payleven accepts chip-and-pin payments. The company is now live in Germany, Netherlands, Italy, U.K., Poland and Brazil.
BillFloat – Jan. 17, $21 Million
Investor Growth Capital led the $21 million round raised for BillFloat this week, as the company focuses on its More-Time-To-Pay (MTP) platform. "BillFloat continues to build a credit delivery platform that's unmatched in the industry and is committed to helping consumers achieve greater financial stability," said Brian Ascher, partner at Venrock, which, along with FirstRound Capital, Baseline Ventures and Bronze Investment, also contributed to the funding. As Finextra points out, BillFloat has now received a total of $36.9 million in backing.
Fanplayr – Jan. 16, $2 Million
Fanplayr’s strategy is to foster conversations on eCommerce sites, and the company raised $2 million to help accomplish that goal this week. Founded in 2011, Fanplayr aims to upsell through the eRetailing world and its pricing platform is performance-based, as TechCrunch notes. Denali Venture Partners led the round of funding.
360incentices – Jan. 15, $7.65 Million
Four-year-old 360incentives announced its first round of funding this week, raising $7.65 million in a round led b y OMERS Ventures and with contributions from Klass Capital and Round 13 Capital. The company manages sales incentives programs and can field multiple payments methods, such as direct deposit, branded reward cards and more, notes TechCrunch. The company says it plans to put the money towards further development of its platform and tech, plus market expansion.
Pontifex – Jan. 11, $7.7 Million
Mobile ad startups are all the rage right now, and Pontifex joined the fray with a $7.7 million funding round this week. Blackstone led the round, and Pontifex has now raised around $15.5 million total. TechCrunch notes that much of the new funding will be used to grow Pontifex’ AdLeads service.
Refinery29 – Jan. 10, $3.5 Million
Refinery29 is a fashion eRetail site with a focus on independent designers that attracts 30 million unique visitors per year, according to TechCrunch. The company mostly operates in New York City, Los Angeles, San Francisco, London, Chicago and Washington, D.C., and launched in NYC in 2005. Refinery29’s $3.5 million round came via private investors, with a total of seven different entities listed in its SEC filing.
Kitsy Lane – Jan. 9, $3.5 Million
Data Point Capital and Longworth Venture Partners led the $3.5 million round given to Kitsy Lane this week. Kitsy Lane is an eCommerce/social commerce site that TechCrunch labels as similar to Etsy, allowing users to sell their own jewelry or accessories through online “boutiques.” The startup has more than 22,000 users despite launching in July 2012.
Blue Kite – Jan. 9, $1.5 Million
Blue Kite is a platform for cross-border bill payments that launched in April 2012 and is aiming to help the unbanked an underbanked population through mom-and-pop stores in the Miami area. The company raised $1.5 million from a funding round led by PeopleFund, according to TechCrunch. The company currently employs 21 people and wants to expand to 300 stores by the end of Q1 2013.
Shape Security – Jan. 7, $20 Million
Shape Security is a company that’s looking to disrupt typical web security technology by making hacking too costly for typical would-be cybercriminals. The startup received $20 million in a Series B funding round led by Venrock, with others such as Google Ventures, TomorrowVentures, and Allegic Capital pitching in as well. The company has now raised $26 million in total, according to TechCrunch.
Paymill – Jan. 7, $13.2 Million
Another Rocket Internet company has hit it big, nabbing $13.2 million in funding from Sunstone Capital and Holtzbrink Ventures, which, as TechCrunch points out, is a Rocket investor regular. Paymill is a Stripe-like platform for Europe that helps companies integrate card transactions quickly through offering an API, and is active in 34 countries. Paymill CEO Mark Henkel said the funds will go towards improving his company’s technical platform and customer care.
Remitly – Jan. 7, $2.6 Million
Remitly is a remittance transfer platform that grabbed $2.6 million from Trilogy Equity Partnership this week, raising it’s total funding to $5.1 million. The company is now active in 16 U.S .states, and has more pending approval. Remitly was originally known as BeamiIt and currently only transmits funds to the Philippines, according to TechCrunch.
Tapit – Jan. 7, $2.4 Million
Sydney, Australia-based Tapit is an NFC specialist that received $2.4 million in Series A funding this week, in a round led by Monash Private Capital. Tapit already has clients such as Microsoft, Samsung, Vodafone and Virgin Mobile, according to NFC World, and is looking to expand to more international markets. Ourcrowd.com and entrepreneurs David Shein and David Thrum also contributed to the round.
Mobeam – Dec. 31, $2.2 Million
It was a very happy New Year for Mobeam, which raised $2.2 million of an $3 millio round on December 31, according to VentureBeat. Mobeam is a company that’s looking to reinvent the mobile POS game by using light to transmit bar codes from smartphones to payments terminals. To gain a better idea of what the company does, check out our interview with Mobeam CEO Chris Sellers from October.