Transportation startup Convoy closed $62 million in Series B financing. Convoy, recognized as Geekwire’s 2017 “Startup of the Year,” is a rapidly-growing company that uses technology to transform the $800 billion trucking industry with an on-demand service for regional and local shipments. Its system connects shippers
SimilarWeb completed $47 million in financing. Four investors participated in the funding, among them Viola Growth, Saban Capital Group, and CE Ventures. SimilarWeb’s market intelligence solutions seek to provide customers with insights to help them understand, track, and grow their digital market shares. Using Similar Web’s
Artificial Intelligence startup Vicarious announced it has raised $50 million in Series C financing. Two investors contributed to the round, among them Khosla Ventures. Vicarious is an artificial intelligence company that uses computational principles to develop general intelligence for robots. The company’s first technology is a
Digital media startup ActionStreamer completed $1.9 million in seed financing. CincyTech and Vine Street Ventures participated in the round. ActionStreamer creates live-streaming integrations and provides them as a managed service. This includes infrastructure tuned for the desired area of coverage and an on-site production team.
Grabr completed $2.7 million in seed financing. Six investors contributed to the round, including SignalFire, FF Angel, NFX Guild, and Global Founders Capital. Grabr is an international peer-to-peer shopping and delivery marketplace. The company makes it possible for travelers to make money by shopping and delivering
Artifical intelligence startup Element Data completed $1.5 million in financing from an undisclosed investor. Element Data is building a cognitive computing product that intersects artificial intelligence, machine learning, and decision intelligence. The product uncovers trends and behaviors to predict and influence future outcomes by quantifying how
Electronics startup Eccrine Systems completed $850K in financing from an undisclosed investor. Eccrine Systems® is a developing non-invasive, electronic wearable system that measures and transmits real-time data about human sweat. According to the company, the ability accurately to monitor sweat biomarkers is critical to achieving market-enabling
Internet and IoT startup Duolingo announced it has secured $25 million in Series E financing. Two investors contributed to the round, among them Drive Capital. Duolingo is a popular way to learn a language online, with more than 170 million users worldwide. It is the most
SnapTravel announced it has raised $8 million in Series A financing. iNovia Capital, Lightbank, Bee Partners, and Hedgewood participated in the funding. SnapTravel provides great hotel deals for users via SMS and Facebook Messenger. Instead of searching through dozens of hotel booking sites, users simply
Artificial Intelligence startup RepIQ closed $1.1 million in financing. Six investors contributed to the round, among them Pfizer Venture Investments, Amicus Capital, and Hyde Park Angels. Formed in March, 2016, RepIQ’s goal is to help salespeople identify the best customers for their businesses. Its AI-powered database