Investments

Investments
PropTech FinTech HomeLight Nets $363M, Ups Valuation To $1.6B
September 02, 2021

Real estate technology platform HomeLight on Thursday (Sept. 2) announced a new $363 million round of funding. Led by Zeev Ventures — with participation from Group 11, Stereo Capital, Menlo Ventures and Lydia Jett of the SoftBank Vision Fund — the round includes $100 million...

Investments
Cashierless Checkout Provider Zippin Lands $30M
September 02, 2021

Zippin announced Thursday (Sept. 2) it has raised $30 million in Series B funding, bringing its overall total to more than $45 million. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no...

IPO
Cazoo’s Public Markets Debut Echoes the Revving Engines of Car eCommerce
September 02, 2021

The platform economy is taking shape around the globe — it has wheels, you might say. To that end, Cazoo, the U.K.-based online platform focused on buying and selling cars, went public at the end of last week on the NYSE, having completed its business combination...

IPO
Freshworks’ IPO Filing Points to Huge B2B SaaS Opportunity Within Disjointed CRM Market
September 01, 2021

In the consumer realm, we’re increasingly headed toward super-apps and devices that can manage a slew of activities, some of them simultaneously. Fragmentation, you might say, is anathema. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to...

Investments
Accounting Platform Vic.ai Lands $50M in Series B
September 01, 2021

Artificial intelligence (AI) accounting solution provider Vic.ai has secured $50 million in Series B funding, money the company says will “spur adoption of its pioneering AI platform for real-time, autonomous accounting and financial intelligence.” Get the Full Story Complete the form to unlock this article...

Investments
Amazon Third-Party Seller Heroes Rakes in $200M for eCommerce Growth
September 01, 2021

U.K.-based eCommerce platform Heroes on Wednesday (Sept. 1) announced it raised $200 million through a funding round led by investment firm Crayhill Capital Management. The money will be used to fuel Heroes’ growth and help it to acquire and build consumer brands around the world,...

IPO
Allbirds Files for IPO Amid Ongoing Losses
August 31, 2021

Sustainable shoemaker Allbirds said on Tuesday (Aug. 31) that it plans to move forward with its initial public offering (IPO) of Class A common stock on the Nasdaq exchange under the ticker symbol BIRD, despite the fact that it’s lost money since its inception and...

Investments
Data Analytics Platform Databricks Nets $1.6B for $38B Valuation
August 31, 2021

Data analytics platform Databricks raised $1.6 billion in a funding round that valued the company at $38 billion, the artificial intelligence (AI)-based firm announced in a Tuesday (Aug. 31) press release. Get the Full Story Complete the form to unlock this article and enjoy unlimited...

IPO
Kakao Pay Updates IPO Prospectus With Reduced Valuation 
August 31, 2021

South Korean payments startup Kakao Pay filed an updated prospectus and will move forward with an initial public offering (IPO), making its debut on the Korea Composite Stock Price Index (KOSPI) exchange on Oct. 14. Get the Full Story Complete the form to unlock this...