Pendula, a Sydney, Australia-based provider of customer retention technology, secured A$14.5 million in funding. The funding round was contributed by Octopus Ventures, along with MA Growth Ventures. With the newly acquired funds, Pendula intends to expand its global operations. The company plans to establish new international offices in both London …
Lumi AI, a Dubai, UAE-based cutting-edge AI startup re-imagining business intelligence for organizations with physical supply chains, raised a first round of funding. The investment was from New York-based B2B SaaS investors Forum Ventures, UAE-based Annex Investments, and angels. The funding will allow Lumi AI to invest in its product …
VBA, a Milwaukee, WI-based provider of cloud-based benefits software for healthcare payers, closed $156 million in growth funding. The round was led by Spectrum Equity, with participation from existing investor Arthur Ventures. Jeff Haywood and Michael Radonich from Spectrum Equity will join the board. VBA caters to the entire payer …
LighthouseAI, a Los Angeles, CA-based provider of compliance solutions for the pharmaceutical supply chain, raised $2.25 million in funding. The round was led by Healthy Ventures, with participation from Bertelsmann Next. The company intends to use the funds to accelerate the growth and development of its flagship product suite, enhance …
Fineos, a Dublin, Ireland-based insurance software company raised A$40 million to strengthen its balance sheet and provide general working capital. The funding raised comprises a fully underwritten A$35 million institutional placement and a A$5 million “conditional placement” from Fineos founder and CEO Michael Kelly. The latest funding will be used …
Spectrum Effect, a Kirkland, Washington-based startup, raised $1.9 million in funding for its artificial intelligence-based network interference mitigation software for mobile networks. The round was led by a group of primarily Seattle-based angel investors, with notable support from Joseph Landy, the former co-CEO at Warburg Pincus. The funds will enable …
Acelab, a New York-based architecture-based online platform that connects architects and manufacturers, raised $5.3 million in funding to continue building out its intelligent building supplies search platform for his fellow architects. The round was led by Pillar VC, PJC, and Draper Associates, with participation from Alpaca, Steve Kaufer (Founder and …
