Investments

Investments
Instacart Value Skyrockets To $17.7B With $200M Funding Round
October 08, 2020

Unicorn delivery app Instacart has raised $200 million as part of a new financing round, which upped the company’s valuation to $17.7 billion, the Silicon Valley startup announced on Thursday (Oct. 8). The new round of funding came from existing investors Valiant Peregrine Fund and...

Investments
Financial Wellness Startup Bloom Credit Closes $13M Series A Funding Round
October 08, 2020

The New York-based financial wellness startup Bloom Credit announced on Thursday (Oct. 8) that it has secured $13 million in Series A funding, led by $10 million from Allegis NL. Get the Full Story Complete the form to unlock this article and enjoy unlimited free...

Investments
Former Restaurant Execs Seek $230M For SPAC
October 07, 2020

Tastemaker Acquisition Corp. is the latest newly-formed special purpose acquisition company, or SPAC, seeking a ripe investment, the Nation’s Restaurant News reported. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional...

Investments
VC Firm Greycroft Raises $680M In Search Of Next Venmo, Subscription Startups
October 06, 2020

Venture capital firm Greycroft, based in New York and Los Angeles, has raised $680 million to fund new startups, according to Bloomberg, looking for “the next Bumble or Venmo.” Get the Full Story Complete the form to unlock this article and enjoy unlimited free access...

Investments
Abu Dhabi Investment Authority Invests $750M In Reliance Industries Subsidiary
October 06, 2020

The Abu Dhabi Investment Authority (ADIA) is putting about $750 million into Reliance Retail Ventures Ltd., a subsidiary of Reliance Industries, the Mumbai-based parent company announced Tuesday (Oct. 6). Get the Full Story Complete the form to unlock this article and enjoy unlimited free access...

Investments
Chargebee Raises $55M In Series F Funding
October 06, 2020

Subscription billing platform provider Chargebee Inc. has raised $55 million in Series F funding to bring its total venture capital funding to $105 million, the company announced Tuesday (Oct. 6). Get the Full Story Complete the form to unlock this article and enjoy unlimited free...

Investments
FinTech Tipalti Lands $150M In Funding, $2B Valuation
October 06, 2020

Tipalti has hit the big time with $150 million in new funding and a valuation of $2 billion. That puts the San Mateo, California-based FinTech well into “unicorn” status, meaning it’s worth more than a $1 billion valuation. Get the Full Story Complete the form...

Investments
B2C Food Platform GrubMarket Nets $60M, Eyes IPO
October 05, 2020

GrubMarket, which supplies food to consumers and businesses, has raised $60 million in its Series D round, according to TechCrunch. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required....

Investments
More Private Equity Managers Turning To NAV Credit Facilities
October 04, 2020

Private equity managers are turning to specialty borrowing facilities to make sure they can survive the coronavirus pandemic, the Financial Times (FT) reports, though this could pose its own new set of difficulties. Get the Full Story Complete the form to unlock this article and...