Venture Capital deals handpicked by our team to have longevity, strong fundamentals, an intelligent executive team, and growth-oriented investors. If you're looking at the future of each respective industries, these are the companies to pay attention to. If you're a functional expert looking to get involved with mature startups like the ones listed below, get in touch to see if you're a fit to join our Flywheel.
Recruitment marketplace Remotebase has announced a $2.1 million funding round as it launches the developer hiring tool Talently.
The pre-series A was co-led by Indus Valley Capital and Hustlefund Ventures with participation from Soma Capital, Angel Squad, Draper Associates, and Angel investors from Redis and Careem. With this round, Remotebase has raised $2.1 million at a $65 million valuation from investors.
Remotebase is a recruitment marketplace that matches tech companies with the world's top 1% developer teams, pre-vetted and ready to hire within 24 hours (sound familiar? :). Their Silicon Valley standardized vetting process provides the finest tech experts with 100+ skills that best fit your timezone and work model, eliminating the highly exhaustive and costly hiring process. By introducing innovative tools like the Talently app, Remotebase is taking the lead in making tech hiring more efficient, economical, and hassle-free.
Onward, the financial platform for co-parents, announced today it has raised $9.7 million in Series A funding.
The round was led by TTV Capital with participation from Lerer Hippeau, Citi Ventures, Correlation Ventures, and Gingerbread Capital. The funding comes on the heels of significant growth for the company, which is the only fintech app designed to serve the needs of divorced and separated parents. Onward has gained significant momentum with nearly 100,000 installs from those seeking relief from the tense, unclear, and often disorganized methods of managing money with their co-parent. The new funding will support growing the team and expanding its portfolio of innovative fintech products.
Onward is a fintech platform designed to help co-parents manage shared finances for their children more easily. The app solves an acute pain point for co-parents who primarily send text messages or spreadsheets back and forth to track expenses for their children, pets, and other shared expenses. With Onward, co-parents can streamline the often tense communication about shared finances to enable themselves and their families to thrive.
Classera has successfully raised $40 million in a Series A round, the largest in EdTech globally for a company with no prior funding.
Classera, a global edutech e-learning company focused on emerging markets, has successfully raised $40 million in a Series A round, the largest in EdTech globally for a company with no prior funding. The round also mark's the largest funding round ever in Edtech, in MENA and most of Africa.
The round was led by Sanabil Investments, wholly owned company by Public Investment Fund, accompanied by Global Ventures, Endeavor Catalyst, 500 Global, Sukna Venture, and Seedra Ventures. The round additionally included a diverse set of investors from Silicon Valley, emerging markets, and global family offices.
Classera was founded in Silicon Valley by the entrepreneur Mohammad Almadani and his partner Mohammad Alashmawi - who both started their first company at the age of 18 - with a vision to revolutionize e-learning and enable learners in emerging markets to reach their full potential. They started by focusing on MENA and Africa to make the greatest impact. The cornerstone of Classera's technology is its LSP which is powered by a gamified learning management platform built with cutting edge technologies. Its principle-based approach is cornerstoned around: inspiration through gamification, personalization through artificial intelligence, and collaboration through social learning - with the ultimate goal of reaching better engagement and therefore a better learning experience. Then to complete the ecosystem the ERP, the payment gateway and the marketplace comes in place all to make the LSP as a full turnkey solution.
SiMa.ai, a machine learning company, has extended its Series B1 round to $67 million with new participation from MSD Partners.
SiMa.ai, a machine learning company enabling effortless deployment and scaling at the embedded edge, has extended its Series B1 round to $67 million with new participation from MSD Partners, L.P. The round also includes participation from existing partners: Fidelity Management & Research Company, Amplify Partners, Dell Technologies Capital, Wing Venture Capital, Alter Venture Partners, +ND Capital and Lip-Bu Tan.
SiMa.ai is a machine learning company enabling high performance compute at the lowest power. Initially focused on solutions for computer vision applications at the embedded edge, the company is led by a team of technology experts committed to delivering the industry's highest frames per second per watt solution to its customers.
Text is aggregated from various press release news sources, released by the acquiring firms.
If you're looking at the future of each respective industry, these are the companies to pay attention to. If you're a functional expert looking to get involved with mature startups like the ones listed below, get in touch to see if you're a fit to join our Flywheel.