Bain Capital Ventures

Ansa Raises $14 Million Series A Funding to Redefine Merchant Transaction Solutions

Retrieved on:

Dienstag, April 30, 2024

Starbucks, Bain Capital Ventures, API, Growth, Female, Engineering, Acquisition, Information, Commerce, SAN, LTV, Online shopping

SAN FRANCISCO, April 30, 2024 /PRNewswire/ -- Ansa , the fintech infrastructure solution enabling merchants to launch branded customer wallets, announced today a $14M Series A funding round.

Key Points:

SAN FRANCISCO, April 30, 2024 /PRNewswire/ -- Ansa , the fintech infrastructure solution enabling merchants to launch branded customer wallets, announced today a $14M Series A funding round.
The funding will be used to broaden the depth of Ansa's payment solutions, with a focus on product development and engineering, to empower merchants to better engage their customers.
Both consumers and merchants deserve more flexibility, which is why we built Ansa," said Sophia Goldberg, CEO and co-founder of Ansa.
The investment round of which, notably, 95.6% of the funding came from female investors, reflects a positive shift in the fintech funding environment.

Prophet Security Secures $11M in Seed Financing to Supercharge Security Operations

Retrieved on:

Dienstag, April 23, 2024

Software, Technology, Artificial Intelligence, Security, Prophet, Investment, LLM, Bain Capital Ventures, Morale, Expulsion, Plague, MTTR, BCV, Fatigue, SOAR, Organization, Medical device

Today Prophet Security emerged from stealth with $11 million in seed financing led by Bain Capital Ventures (BCV) with participation from several security leaders and angel investors.

Key Points:

Today Prophet Security emerged from stealth with $11 million in seed financing led by Bain Capital Ventures (BCV) with participation from several security leaders and angel investors.
By eliminating manual, repetitive tasks, Prophet Security improves analysts’ productivity and empowers them to focus on security tasks that matter.
Prophet AI for Security Operations is a force multiplier that automates manual steps and effectively eliminates these constraints.”
Prophet AI for Security Operations synthesizes incoming security alerts and automatically develops a plan to investigate each alert.
To learn more and gain early access to Prophet AI for Security Operations, visit: www.prophet.security/get-early-access/

AvidXchange Announces Board Additions and Transitions

Retrieved on:

Dienstag, März 26, 2024

CHARLOTTE, N.C., March 26, 2024 (GLOBE NEWSWIRE) -- AvidXchange Holdings, Inc. (Nasdaq: AVDX), a leading provider of accounts payable (AP) automation software and payment solutions for middle market businesses and their suppliers, today announced the appointment of two new Board members – Oni Chukwu and Arthur J. (“A.J.”) Rubado. Mr. Chukwu was elected by the Board to serve as a Class I director of the Company effective upon the resignation of Ms. Murdock. Mr. Rubado was elected by the Board to serve as Class III director of the Company effective upon the resignation of Mr. Harris. Messrs. Chukwu’s and Rubado’s terms will expire at the annual meeting of the Company’s stockholders to be held in 2025 and 2024, respectively. The appointments maintain the number of directors at nine, eight of whom are independent.

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Mr. Chukwu was elected by the Board to serve as a Class I director of the Company effective upon the resignation of Ms. Murdock.
Mr. Rubado was elected by the Board to serve as Class III director of the Company effective upon the resignation of Mr. Harris.
I wish them all the best,” stated Michael S. Praeger, Chairman and Chief Executive of AvidXchange Holdings, Inc.
Concurrent with the aforementioned additions, AvidXchange announced that Matthew Harris and Wendy Murdock have resigned from the Board and any committees on which they served, effective March 21, 2024.
Both joined the AvidXchange Board, prior to the Company’s IPO, in connection with the Company’s institutional capital raises.

Gather AI Raises $17M to Accelerate Growth and Bring Warehouses into the Modern Era with AI-Powered Inventory Monitoring

Retrieved on:

Mittwoch, März 27, 2024

It will be invested in scaling operations as Gather AI continues to attract customers by solving supply chain issues with richer data and AI.

Key Points:

It will be invested in scaling operations as Gather AI continues to attract customers by solving supply chain issues with richer data and AI.
Gather AI automates inventory visibility challenges through autonomous drones across third-party logistics, manufacturing, and retail facilities, with much richer data than warehouses can currently obtain with barcodes.
Gather AI customers are seeing an ROI of 3-5x, driven by a 66% reduction in warehouse inventory database errors.
To learn more, join Gather AI at the International Warehouse Logistics Association (IWLA) Convention & Expo, Booth #203, April 21-23 or visit https://gather.ai .

Loyal Announces $45 Million Series B Financing to Continue Development of First FDA-Approved Dog Lifespan Extension Drug for Veterinary Use

Retrieved on:

Donnerstag, März 21, 2024

Loyal , a biotech company pioneering longevity drugs for dogs, today announced that it has successfully completed its Series B funding round, securing $45 million in investment.

Key Points:

Loyal , a biotech company pioneering longevity drugs for dogs, today announced that it has successfully completed its Series B funding round, securing $45 million in investment.
View the full release here: https://www.businesswire.com/news/home/20240321591608/en/
Dr. Ellen Ratcliff, Veterinarian and Director of Clinical Development at Loyal, with Boston, a seven-year-old Beagle mix.
Completing the technical effectiveness section of the conditional approval application for LOY-001’s use in large dog lifespan extension.
Launching the STAY study, the pivotal effectiveness study for LOY-002, in development for dog lifespan extension.

FERMAT Raises $17M Series A To Grow Its ML-Powered Social Commerce Shopping Experience

Retrieved on:

Mittwoch, März 13, 2024

FERMAT provides a seamless end-to-end shopping experience for consumers and greater advertising performance for commerce brands.

Key Points:

FERMAT provides a seamless end-to-end shopping experience for consumers and greater advertising performance for commerce brands.
Throughout the process, FERMAT carries relevant information about the customer, such as products they like, discounts they’ve seen, and influencers they’ve engaged with.
"FERMAT ushers in a future where merchants have the ability to show a unique shopping journey for every online touchpoint.
With FERMAT, innovative commerce brands can launch, test and optimize thousands of highly-specific landing page experiences at once, each targeted to that individual customer.

Industry-leading Team Management App Homebase Raises $60M Series D to Fuel Innovation and Expand Product Ecosystem for Local Business Teams

Retrieved on:

Mittwoch, April 3, 2024

HR, Square, Growth, CFO, Coffee, SAN, Waldmann, Bain Capital Ventures, Khosla Ventures, Emerson Collective, Capital, Small business, Software, Investment, Forth

SAN FRANCISCO, April 3, 2024 /PRNewswire/ -- Homebase, the all-in-one HR and team management app that helps more than 100,000 small businesses manage their hourly teams, today announces its $60M Series D financing. Led by L Catterton Growth and supported by Emerson Collective, the round also includes existing Homebase investors, Notable Capital, Bain Capital Ventures, Khosla Ventures, Cowboy Ventures, and PLUS Capital. Hot on the heels of the appointment of new CFO, Philip Moon, (formerly at Square, Grove Collective and CloudTrucks), the round will turbocharge Homebase's R&D investments in expanding its unique, fully-integrated team management ecosystem for traditionally underserved Main Street businesses.

Key Points:

SAN FRANCISCO, April 3, 2024 /PRNewswire/ -- Homebase , the all-in-one HR and team management app that helps more than 100,000 small businesses manage their hourly teams, today announces its $60M Series D financing.
This latest round of funding enables Homebase to accelerate product investments, extending its lead as the most comprehensive product ecosystem for managing hourly work.
We have made a great start in this mission, bringing help to 100,000+ small business teams totaling 2M+ workers.
Waldmann continues: "We're excited to have investors with a deep understanding of our customers, our impact, and who share our passion for empowering incredible local business teams."

Argyle Secures $30M in Funding to Bolster Growth of the Payroll Connectivity Platform of the Future

Retrieved on:

Dienstag, März 5, 2024

Data Management, Apps, Applications, Technology, Mobile, Wireless, Software, Networks, Internet, Dark, Growth, Bain Capital Ventures, Ecosystem, Employment, Cryptocurrency

Rockefeller was joined by return investors Bain Capital Ventures, SignalFire, and Checkr who also participated in this funding round.

Key Points:

Rockefeller was joined by return investors Bain Capital Ventures, SignalFire, and Checkr who also participated in this funding round.
This growth capital includes a mix of equity and debt to fuel the firm’s continued adoption and expansion of its automated income and employment verification platform.
Despite market headwinds, customers have increasingly sought a more reliable, affordable, and scalable approach to income and employment verifications.
“Our verticalized approach and direct-source model has provided accurate data and an enhanced consumer experience for our customers.

GoodShip Announces Major Updates to Transportation Procurement Platform, Including AI-Powered Scenario Builder

Retrieved on:

Mittwoch, Januar 31, 2024

Other Transport, Technology, Trucking, Transport, Software, Delivery Services, Data Management, Logistics, Supply Chain Management, Retail, Artificial Intelligence, Bain Capital Ventures, Workflow, Communication, Risk management

GoodShip , the all-in-one platform for network analytics, carrier management, and transportation procurement, announced their first major product update today.

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GoodShip , the all-in-one platform for network analytics, carrier management, and transportation procurement, announced their first major product update today.
The changes include sweeping expansions to their transportation procurement tool and the addition of a robust scenario builder which recommends award allocations to optimize for savings and performance.
“GoodShip’s revamped procurement workflow is a major step forward for the industry,” said GoodShip CEO and Co-Founder Ryan Soskin.
When used in concert with GoodShip’s smart recommendations engine and carrier collaboration capabilities, the procurement workflow and scenario builder promote unprecedented agility and enable real-time network optimization.

HYCU, Inc. Strengthens Leadership Team to Continue Strong Growth Trajectory - Angela Heindl-Schober Named Senior VP Global Marketing

Retrieved on:

Montag, Dezember 11, 2023

Cloud, Marketing, Family, Global marketing, Infor, Vectra AI, Electronic Data Systems, Riverbed Technology, Software as a service, Bain Capital Ventures, NPS, HPE, Vectra, Growth, Senior

In her new role, Angela will focus on aligning go-to-market strategies, fostering team collaboration, speeding up digital expansion, brand awareness, and enhancing partner and customer loyalty.

Key Points:

In her new role, Angela will focus on aligning go-to-market strategies, fostering team collaboration, speeding up digital expansion, brand awareness, and enhancing partner and customer loyalty.
Most recently at Vectra AI, over her eight-year tenure, Angela's marketing leadership and contributions were integral to driving Vectra AI's remarkable growth.
Simon Taylor, Founder and CEO, HYCU, Inc., shared his enthusiasm, “We are thrilled to welcome Angela to our executive leadership team.
“I am excited to join the HYCU family and to be a part of its visionary journey,” said Angela Heindl-Schober.