DemandJump, a customer acquisition platform, has completed a $6 million Series A financing round. The capital was funded by a group investors including Revolution’s Rise of the Rest Seed Fund, Flyover Capital, Cultivation Capital, 4G Ventures, Bob Davoli and Hyde Park Venture Partners.
The marketing platform plans to use the capital on sales, marketing and product innovation expansion.
Continue reading “DemandJump Secures $6 Million Funding Round”
Nift, a start-up network designed to help SMBs match neighborhood businesses with local customers by leveraging AI machine learning algorithms, has raised $16.5 million in Series A funding from Spark Capital, Foundry Group and Accomplice.
Continue reading “AI-Powered Neighborhood Gift Network Secures $16.5 Million In New Funding”
Farmstead, an AI-powered grocery sourcing and delivery platform, has secured $2 million in venture capital led by Resolute Venture and Social Capital,with additional participation from SV Angel and Y Combinator. This additional capital brings Farmstead’s total funding to $4.8 million to date.
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RevTech, a Dallas-based venture accelerator, has secured a $10 million funding round, its largest fund to date. With the funding, RevTech plans to invest in more than 25 retail technology and e-Commerce startups.
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Digital commerce solution provider Moltin has closed an $8 million round of Series A financing led by Underscore VC with existing investors Connect Ventures and Frontline Ventures. The funding brings the company’s total investment to $10 million.
Continue reading “Moltin Appoints Former Demandware Exec As CEO, Raises $8M In Series A Funding”
Glossier, a direct-to-consumer beauty brand, has secured $52 million in Series C funding, bringing total venture capital to $86 million. Existing investors IVP and Index Ventures led the round, with participation from existing investors Thrive Capital, Forerunner Ventures and 14W. New investors Imaginary Ventures and Starbucks founder Howard Schultz also joined.
Founder and CEO Emily Weiss sent an email blast this morning to all Glossier subscribers with the headline “Business News (It’s Good),” explaining how the new cash infusion would be used for, “More of the same, really. Just keep building the beauty company of the future: the one you shape.”
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SheerID, an eligibility verification services company, has closed $18 million in Series B funding led by Centana Growth Partners. The company plans to use the investment to fuel product innovation and accelerate market adoption in digital commerce.
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Shelfbucks has raised $9 million in Series B funding to roll out its MEASURE merchandising platform to drug and grocery store chains across the U.S. The platform will integrate with more than 20 CPG companies and hundreds of in-store merchandising display campaigns in 2018.
CPG companies can integrate the Shelfbucks MEASUREplatform into product displays to actively measure execution and performance of every display each day throughout the entire supply chain and life of a campaign. The secondary promotional displays are designed to generate significant incremental sales from store perimeters and aisles.
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Rubikloud Technologies, a retail AI solutions provider, has raised $37 million in Series B financing led by Intel Capital. The company will use the funding to expand its offices into Europe and Asia and meet growing international demands for retail AI.
The cloud-native platform and its two flagship applications, Promotion Manager and Lifecycle Manager, are designed to leverage AI to help retailers automate and improve mass promotional planning and loyalty driven marketing, while also enabling them to build their own custom apps.
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Moda Operandi, a luxury online retailer, has raised $165 million in capital to fuel international growth and increase development across key business verticals. The round was led by Adrian Cheng — through his investment vehicles C Venture and K11 Investment — and Apax Digital.
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