CircleUp

CircleUp Acquired by Brightflow AI

Retrieved on: 
Friday, June 2, 2023
CircleUp, Capri pants, Fintech, Intelligence, CB Insights, Union Square Ventures, TPG, CNBC, Temasek, Acquisition, Machine learning, SAN, Small business, Beyond Meat, KPMG, Function, Helio, Cryptocurrency, Beauty, Data science

SAN FRANCISCO, June 2, 2023 /PRNewswire/ -- CircleUp, a leading fintech company and owner of the Helio insights engine, today announced that it has been acquired by Brightflow AI, a financial data and intelligence platform empowering small businesses to take control of their cash flow and make data-backed decisions.

Key Points: 
  • SAN FRANCISCO, June 2, 2023 /PRNewswire/ -- CircleUp, a leading fintech company and owner of the Helio insights engine, today announced that it has been acquired by Brightflow AI, a financial data and intelligence platform empowering small businesses to take control of their cash flow and make data-backed decisions.
  • The acquisition will combine CircleUp's data and machine learning capabilities with the Brightflow AI financial intelligence toolkit to create a comprehensive solution for consumer companies that need help growing their businesses.
  • "Brightflow AI provides equitable access to data and growth opportunities to the everyday business owner," said Robbie Bhathal, CEO and co-founder of Brightflow AI.
  • The acquisition by Brightflow AI is a positive step forward for CircleUp and the industry," said Rory Eakin, Founder of CircleUp.

Brightflow AI Acquires CircleUp to Deepen Customer Insights and Help Small Businesses Grow

Retrieved on: 
Thursday, June 1, 2023
CircleUp, Small business, CPG, Intelligence, Acquisition, Machine learning, Algorithm, Development, Cryptocurrency, U.S. Bancorp, Helio

Brightflow AI will integrate the Helio data repository to promote the efficacy of its own data platform as it builds the most robust AI-powered financial insights tool in the industry.

Key Points: 
  • Brightflow AI will integrate the Helio data repository to promote the efficacy of its own data platform as it builds the most robust AI-powered financial insights tool in the industry.
  • “Brightflow AI provides equitable access to data and growth opportunities to the everyday business owner,” said Robbie Bhathal, CEO and Co-founder of Brightflow AI.
  • "The acquisition by Brightflow AI allows us to provide customers with the data, insights, and tools they need to grow their businesses faster and more efficiently."
  • The acquisition by Brightflow AI is a positive step forward for CircleUp and the industry,” said Rory Eakin, Founder of CircleUp.

Brightflow AI and CircleUp Announce Strategic Partnership

Retrieved on: 
Tuesday, March 7, 2023
Partnership, Software, Universal Data Element Framework, SAN, Luigi, CircleUp, Security (finance)

SAN FRANCISCO, March 7, 2023 /PRNewswire/ -- Today Brightflow AI, a fintech platform that empowers small businesses to take control of their cash flow and make data-backed decisions, and CircleUp, a data company offering Universal Data for the emerging consumer goods space, announced their new strategic partnership that will make it easier for brands to monitor their credit profile and apply for new business loans.

Key Points: 
  • Under the new partnership, CircleUp has transitioned the servicing of its loan portfolio to Brightflow AI, which provides brands with software, insights, and recommendations to manage their cash flow and position their business to access capital.
  • In the last year, Brightflow AI has unlocked more than $100 million in growth capital for its customers.
  • Brightflow AI technology and data also enhance the underwriting and financing processes, which can be arduous, time consuming, and hampered by limited visibility.
  • SMBs can access Brightflow AI's cash flow management platform, credit scoring tool, and financing options by signing up for a free Brightflow AI account and connecting their data sources.

Kraken Appoints Dan Ciporin to Board of Directors

Retrieved on: 
Wednesday, January 11, 2023
Professional Services, Blockchain, Technology, Cryptocurrency, Finance, Asset Management, Fintech, ShopKeep, CircleUp, Heart, Science and technology in Asia, LendingClub, Mastercard, IPO, EBay, NYSE, LC, Shopping.com, Acquisition, Investment, Cryptocurrency, Kraken, Corel

Kraken, one of the world’s leading crypto platforms, today announced the appointment of Dan Ciporin to its board of directors as an independent member.

Key Points: 
  • Kraken, one of the world’s leading crypto platforms, today announced the appointment of Dan Ciporin to its board of directors as an independent member.
  • Dan brings a wealth of experience and insight directly applicable to the next phases of Kraken’s evolution.
  • “Kraken’s mission to accelerate the global adoption of crypto is at the heart of how fintech can help the world achieve financial freedom and inclusion,” Ciporin said.
  • Dan has served as a member of many public and private company boards, including Lending Club, ShopKeep, Borderfree, CircleUp and Corel.

Dynasty Financial Partners and Allocate Partner to Give RIAs Access to Venture Capital Investment Opportunities

Retrieved on: 
Wednesday, October 5, 2022
Software, Finance, Asset Management, Banking, Data Management, Professional Services, Technology, Fintech, CircleUp, Dynasty, Movement, Network, SVB, Growth, AML, KYC, RIAS, COO, Human, Partnership, Software, First Republic Bank, CEO, Social media, AngelList, Morgan Stanley, Vistaprint, Silicon, Kauffman Fellows Program, Solution, Financial services, Cryptocurrency, Allocation, Fidelity

Allocate, a digital investment platform that provides investors a streamlined way to access venture funds and co-investments, today announced a partnership with Dynasty Financial Partners, a provider of back and middle-office outsourced solutions for registered investment advisors (RIAs).

Key Points: 
  • Allocate, a digital investment platform that provides investors a streamlined way to access venture funds and co-investments, today announced a partnership with Dynasty Financial Partners, a provider of back and middle-office outsourced solutions for registered investment advisors (RIAs).
  • The partnership will provide Dynasty network partner RIAs with a digital solution that will give them the ability to invest in venture capital funds on behalf of their clients.
  • Venture capital has increasingly been an appealing investment opportunity for independent financial advisors to offer their high net worth clients, said Ed Swenson, Co-Founder & COO of Dynasty Financial Partners.
  • Launched in late 2021, Allocate is an end-to-end platform that provides qualified investors with a streamlined way to discover, access, and manage venture capital fund manager strategies.

CircleUp Launches Helio, Brings to Market a Broader, Earlier, and Smarter Dataset to Unlock Insights into the Consumer Goods Ecosystem and Keep Companies from Flying Blind

Retrieved on: 
Wednesday, May 18, 2022
Instacart, API, CircleUp, Universal Data Element Framework, CPG, Investment, Function, Algorithm, Final good, SAN, Industry, UX, Time, TikTok, Instagram, Data, Helio (wireless carrier), Machine learning, CEO, Retail, Financial services, Beauty, Amazon, Helio

SAN FRANCISCO, May 18, 2022 /PRNewswire/ -- CircleUp, a data company offering Universal Data for the emerging consumer goods space, today announced that its previously internal data platform, Helio, is now commercially available to help identify emerging trends, breakout brands and competitive insights across categories.

Key Points: 
  • Today there is not one universal solution for the consumer ecosystem to identify emerging opportunities through brand comparison, trend analysis, and consumer insights.
  • Everyone in the consumer goods industry using traditional data providers is flying blind.
  • We were very impressed and are looking forward to continuing our work with Helio," said Nico MacDonagh, Investor at Btomorrow Ventures.
  • CircleUp is a data company that uses Helio, which provides Universal Data of the emerging consumer goods space, to support its flagship venture fund, CircleUp Growth Partners, and credit business, CircleUp Credit Advisors.

Allocate Announces $15.3M in Series A Funding to Continue Expanding Access to Venture Capital Investing

Retrieved on: 
Wednesday, May 4, 2022
Friction, Ecosystem, AML, VC, CircleUp, KYC, Silicon, First Republic Bank, Anthemis, Kauffman Fellows Program, Industry, Vistaprint, SVB, Learning, AngelList, Allocation, GP, Technology, SAN, Financial services, Cryptocurrency, Tutoring, Fidelity

SAN FRANCISCO, May 4, 2022 /PRNewswire/ -- Allocate, a digital investment platform that provides investors a streamlined way to access top-tier venture funds and co-investments, announced a $15.3M Series A funding round. The latest round of funding was led by M13 with participation from Bedrock, SignalFire, and Intera Capital, and returning investors Tusk Venture Partners, Urban Innovation Fund, Fika Ventures, Anthemis, Basis Set Ventures, and Broadhaven Ventures. 

Key Points: 
  • Over the last two decades, the growing role of technology startups has made the venture capital asset class into a highly attractive asset class for investors.
  • While demand for venture products has grown, the most attractive investment opportunities are still primarily reserved for large institutional investors.
  • Allocate also enables fund managers to efficiently access non-institutional investors without the hassle of sourcing, managing, and administering these allocations.
  • Our vision at Allocate is to usher in a new era of responsible private market technology investing" said Samir Kaji and Hana Yang, co-founders of Allocate.

Gold House Launches $30M Venture Capital Fund to Invest in Asian & Pacific Islander Founders

Retrieved on: 
Tuesday, April 19, 2022
Karma, General Catalyst, Juxtaposition, Kleiner Perkins, Basis set, Marketing, Woman, FiscalNote, GOAT, Gold rush, Maveron, Up Front, GLOBE, YouTube, Tribe, SAN, General partnership, Accel, ENIAC, Credit Karma, Technology, DoorDash, GP, History, Bain Capital, NEA, GGV, The Gold Houses, Midas List, Gold, House, API, Decibel, CircleUp, Beekeeping, Speed of light, Floodgate

SAN FRANCISCO, April 19, 2022 (GLOBE NEWSWIRE) -- Gold House, the premier collective of Asian and Pacific Islander (API) leaders, debuts its $30 million fund Gold House Ventures to deliver market-first social impact in corner offices.

Key Points: 
  • SAN FRANCISCO, April 19, 2022 (GLOBE NEWSWIRE) -- Gold House, the premier collective of Asian and Pacific Islander (API) leaders, debuts its $30 million fund Gold House Ventures to deliver market-first social impact in corner offices.
  • The fund invests in founders of API descent; corrals capital through its preeminent investor network; delivers industry-focused accelerators; provides extensive marketing and talent recruitment support; and contributes 100% of management fees and profits back to Gold House to further the nonprofit's history-making work.
  • "Gold House was forged to rewrite a history that's been handed to us.
  • Gold House Ventures invests across industries and stages always in lockstep with world-class investors.

Soaring Demand in the Non-Alcoholic Category Drives Partake Brewing’s $16.5M Series B Funding

Retrieved on: 
Monday, March 7, 2022
Online Retail, Retail, Restaurant, Bar, Other Retail, Wine & Spirits, Supermarket, Food, Beverage, Honey, RED, NA, Export Development Canada, Diagnosis, Liquid Death, Movement, Apeel Sciences, Investment, Crown, Gold medal, Climate, LIME, Helio, Entrepreneurship, Beyond Meat, Knowledge, Instagram, Chameleon Cold-Brew, Crohn's disease, Awareness, Solution, Growth, IPA, Gold, PEACH, Multimedia, Decision-making, Alcoholism, CEO, EDC, Drinking, Â, CAGR, Veggie Grill, CPG, CircleUp, Taste, McLean, Facebook, Insurance, Partnership, Health, Associate, Amber, Department of Commerce Gold Medal, Beer, Judgement, Coffee, Bottled water, Retail, Wealth Partaking Scheme, PowerPlant Partners, Amberstone, Circle Up, EDC, PowerPlant Partners, Amberstone, Circle Up, EDC, POWERPLANT PARTNERS, AMBERSTONE, CIRCLE UP, EDC

This Series B follows the brands first institutional round in 2020 where they raised $4 million USD.

Key Points: 
  • This Series B follows the brands first institutional round in 2020 where they raised $4 million USD.
  • Partake continues to work closely with Export Development Canada (EDC) to support its growth as it scales and expands internationally.
  • Partake plans to extend their regional teams, including key leadership roles to further shape growth.
  • Making more responsible decisions has never tasted this good, so raise a can of Partake and say Cheers To Adulting.

CircleUp Appoints Nick Brown President of CircleUp Credit Advisors

Retrieved on: 
Tuesday, March 1, 2022
Heuristic, Commonwealth Bank, Growth, CircleUp, Helio, Nature, Science and technology in Asia, Multimedia, SAN, Discover, Small business, Goal, Credit, Solution, OnDeck Capital, Bank, Financial services

SAN FRANCISCO, March 1, 2022 /PRNewswire/ -- CircleUp , a private market data aggregation company, today announced that Nick Brown has been appointed President of CircleUp Credit Advisors , which provides capital to private businesses, effective March 1, 2022.

Key Points: 
  • SAN FRANCISCO, March 1, 2022 /PRNewswire/ -- CircleUp , a private market data aggregation company, today announced that Nick Brown has been appointed President of CircleUp Credit Advisors , which provides capital to private businesses, effective March 1, 2022.
  • Prior to joining CircleUp Credit Advisors, Brown spent four years as Chief Risk Officer at OnDeck, where he grew a deep passion for supporting small businessesleading him to CircleUp.
  • I've seen first hand how powerful the impact of our credit solutions can be for early-stage companies," said Nick Brown, President of CircleUp Credit Advisors.
  • I am looking forward to partnering with Nick to scale CircleUp Credit Advisors and support a diverse group of entrepreneurs."