ScaleFactor, a smart finance and accounting platform that enables businesses to operate in real time, announced a $10 million Series A funding round led by Canaan Partners alongside Broadhaven Ventures, Citi Ventures, Next Coast Ventures, Flyover Capital, Firebrand Ventures, and strategic angel investors. Founded by
Next Insurance, a digital insurance company for small businesses, secured $83 million in a Series B round led by Redpoint Ventures. Other investors that participated in the round include Nationwide, Munich Re, American Express Ventures, Ribbit Capital, TLV Partners, SGVC, and Zeev Ventures. Elliot Geidt,
Alternative business lending market company BlueVine secured $60 million in equity funding in a Series E round led by Menlo Ventures, and included new investor SVB Capital as well as major existing investors. Founded in 2013, BlueVine strives to be one of the leading fintech players
OnDeck, an online lending platform for small businesses, closed a $100 million asset-backed revolving credit facility with Pioneers Gate LLC, a lending vehicle of a leading life insurance company managed by 20 Gates Management. It provides the longest revolving funding period and the lowest interest
Pilot.com, Inc., which provides bookkeeping services for startups and other small businesses, announced today that it has raised a $15 million Series A round of financing from Index Ventures and a group of world-class entrepreneurs. Pilot handles its customers’ books from start to finish, pairing each
Grow.com, a reporting and analytics dashboard solution, today announced that it has closed a $16 million Series B round, led by Toba Capital. Other investors include Peterson Ventures, Pelion Venture Partners, the Kickstart Seed Fund, and HubSpot. Rob Nelson launched Grow in 2014 with the goal
UpCurve, a small and medium-sized business solutions provider, announced it has purchased Denver-based technology startup Closely. Closely, founded in 2011, is best known for its award-winning mobile app, Perch, which has aggregated live social data pertaining to more than 500,000 business locations across six social channels,
Logistics startup Shippo announced it acquired $20 million in Series B financing led by Bessemer Venture Partners. Union Square Ventures and SoftTech VC also participated. Shippo’s API aims to make shipping easy and affordable for small businesses that are not eligible for bulk discounts and
Canadian fintech startup Lendified completed $60 million in debt financing from ClearFlow. As an online lender for small businesses, Lendified offers a customizable platform to financial institutions throughout the world as an alternative to traditional bank loans and expensive merchant advance financing. Small businesses can apply
Financial technology company BlueVine Capital announced the close of $130 million in financing. Four investors contributed to the round: Silicon Valley Bank, SunTrust Bank, TriplePoint Capital, and Bank Leumi. BlueVine’s miFinancial technology company BlueVine Capital announced the close of $130 million in financing. Four investors contributed