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Business

InsureTech Platform Secures $7.3 Million in Venture Funding

REIN, an insurtech company offering a flexible, data-driven platform designed to create usage-based insurance products, closed $7.3 million in venture funding capital secured from investors Liberty Mutual Strategic Ventures and

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Semiconductor startup IonQ closed $20 million in financing. Three investors participated in the round, among them New Enterprise Associates and GV. IonQ is working to

Enterprise IT startup Supply Dynamics announced the close of a new round of financing. Three investors participated in the round: Queen City Angels, Ohio

Electronics startup 6 River Systems announced it has raised $15 million in financing. Three investors participated in the round: Norwest Venture Partners, Eclipse Ventures,

Internet and IoT startup Rebagg announced it has raised $15.5 million in Series B financing. Seven investors participated in the round: Novator Partners, General

Fintech startup Cleo announced it has raised $2.6 million in financing. Four investors contributed to the round, among them Local Globe and Entrepreneur First. Based

BDS Analytics closed $1.5 million in financing from an undisclosed investor. BDS aims to be the indispensable source for cannabis industry data and insight. The

British multinational enterprise software company Sage announced that it has acquired fintech startup Intacct. The total consideration is $850 million, to be paid in

Toast completed $101 million in financing. Three investors participated in the round: Generation Investment Management, Lead Edge Capital, and Bessemer Venture Partners. Toast is a

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