Investments

IPO
AP Automation Software Maker AvidXchange Plans Nasdaq IPO
September 19, 2021

AvidXchange, which describes its business as “transforming how [middle-market businesses] receive, manage and pay their bills,” filed Friday (Sept. 17) to go public on the Nasdaq, according to a filing with the Securities and Exchange Commission (SEC). Get the Full Story Complete the form to...

Investments
Menswear Marketplace Grailed Notches $60M in GOAT Group-Led Round
September 17, 2021

New York-based curated menswear resale platform Grailed has just raised $60 million in new funding with a Series B round led by GOAT Group, an established player in resale. Also participating in the funding round were Thrive Capital, Index Ventures and Groupe Artémis. Get the...

Investments
Stord Hits $1.1B Valuation After Series D Funding
September 17, 2021

Stord is now valued at $1.1 billion after the successful raise of $90 million in Series D funding. This new round of seed financing is earmarked to grow the Atlanta-based logistics startup, and comes after closing a Series C at $65 million six months ago....

IPO
Toast Leads the IPO Parade of Platforms Featuring Hefty Valuations
September 17, 2021

Last week’s listing announcements and actual public debuts of companies were more widely varied among initial public offerings (IPOs) and special-purpose acquisition company (SPAC)-related headlines than had been seen recently. Get the Full Story Complete the form to unlock this article and enjoy unlimited free...

Investments
Live Shopping Platform Whatnot Hits $1.5B Valuation
September 16, 2021

The live shopping platform Whatnot has raised $150 million in a Series C funding round, its third round this year and the one that pushes it into unicorn status with a $1.5 billion valuation. Get the Full Story Complete the form to unlock this article...

Investments
UK FinTech Form3 Nets $160M In Series C Round
September 16, 2021

London-based payment technology firm Form3 has generated $160 million in a Series C funding round, according to a Thursday (Sept. 16) press release. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins...

Investments
Asia’s Pine Labs Secures $100M Investment From US Investor Invesco
September 16, 2021

Merchant commerce platform Pine Labs announced on Thursday (Sept. 16) that a new investor, U.S.-based investment management company Invesco, has taken an interest in its business, investing $100 million in the leading merchant commerce platform. Get the Full Story Complete the form to unlock this...

Investments
European Shipping Startup Sendcloud Notches $177M Series C Funding
September 16, 2021

European eCommerce shipping startup Sendcloud closed a $177 million Series C funding round led by SoftBank Vision Fund 2, with sizable backing from L Catterton and participation from HPE Growth. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to...

IPO
Volvo on Road to Possible $20B IPO
September 16, 2021

Volvo Cars’ parent company is preparing to list the car company in a $20 billion initial public offering that could be one of the largest European IPOs of the year. Get the Full Story Complete the form to unlock this article and enjoy unlimited free...