Kinnevik AB

Paul Martino, Co-Founder of VillageMD, Joins Parsley Health as Chair of the Board

Retrieved on: 
Wednesday, April 3, 2024

Parsley Health , a digital health company designed to improve health status and lower costs in patients with complex and chronic conditions using root cause medicine, today announced that accomplished healthcare executive, Paul Martino, has been appointed as Chair of the Board.

Key Points: 
  • Parsley Health , a digital health company designed to improve health status and lower costs in patients with complex and chronic conditions using root cause medicine, today announced that accomplished healthcare executive, Paul Martino, has been appointed as Chair of the Board.
  • "Parsley Health simplifies complex health care, manages costs and ultimately helps patients live healthier lives,” said Paul Martino.
  • His leadership and partnership will be instrumental in accelerating Parsley’s growth,” said Dr. Robin Berzin, M.D., Founder, and CEO of Parsley Health.
  • Founded in 2016 by Dr. Robin Berzin, MD, a Columbia-trained physician and digital health expert, Parsley Health originally opened with brick-and-mortar centers in New York and California.

Pelago Announces $58 Million Series C Funding to Strengthen Leadership in Substance Use Management

Retrieved on: 
Thursday, March 28, 2024

Pelago , the leading digital clinic partner to U.S. businesses and health plans for substance use management, today announced $58 million in new funding on the strength of customer growth and validated ROI, bringing total funding to $151 million.

Key Points: 
  • Pelago , the leading digital clinic partner to U.S. businesses and health plans for substance use management, today announced $58 million in new funding on the strength of customer growth and validated ROI, bringing total funding to $151 million.
  • View the full release here: https://www.businesswire.com/news/home/20240328996003/en/
    The additional capital raised will help Pelago accelerate its product roadmap, extend its continuum of care and advance clinical research efforts.
  • As part of this latest round, Atomico Partner Laura Connell will join the Pelago board.
  • “I’m so proud of the work we have done to improve lives and expand access to substance use care that works.

Mews Raises $110m to Accelerate Cloud Technology in Hospitality

Retrieved on: 
Monday, March 4, 2024

AMSTERDAM, March 4, 2024 /PRNewswire/ -- Mews, the industry-leading hospitality cloud, has announced today that it is raising fresh funding of $110m. The round is led by existing investor Kinnevik, alongside Revaia, Goldman Sachs Alternatives, Notion Capital and new investor LGVP. The new funding values the company at $1.2bn.

Key Points: 
  • Mews is making a transformative impact to support some of the most innovative hospitality brands around the world.
  • The funding will see Mews prioritize its global expansion, research and development, and acquisitions, enabling the world's most innovative hospitality organizations to accelerate their digital transformation.
  • Having spent the summer holidays as a night receptionist, Valtr realized that the hospitality industry is built on legacy, on-premise technology.
  • Today, over 350,000 hospitality spaces are managed via Mews across 5,000 customers worldwide, including Strawberry Hotels, The Social Hub and Airelles.

Mews Raises $110m to Accelerate Cloud Technology in Hospitality

Retrieved on: 
Monday, March 4, 2024

AMSTERDAM, March 4, 2024 /PRNewswire/ -- Mews, the industry-leading hospitality cloud, has announced today that it is raising fresh funding of $110m. The round is led by existing investor Kinnevik, alongside Revaia, Goldman Sachs Alternatives, Notion Capital and new investor LGVP. The new funding values the company at $1.2bn.

Key Points: 
  • The funding will see Mews prioritize its global expansion, research and development, and acquisitions, enabling the world's most innovative hospitality organizations to accelerate their digital transformation.
  • Having spent the summer holidays as a night receptionist, Valtr realized that the hospitality industry is built on legacy, on-premise technology.
  • Today, over 350,000 hospitality spaces are managed via Mews across 5,000 customers worldwide, including Strawberry Hotels, The Social Hub and Airelles.
  • Richard Valtr, Mews Founder, commented, "We're seeing a fundamental shift in the way the world's leading hospitality brands are accelerating their digital transformation and reshaping the way they deliver hospitality.

TravelPerk Secures over $100m in Funding Led by SoftBank Vision Fund 2 to Expand Hyper-Growth Business Travel Platform

Retrieved on: 
Tuesday, January 23, 2024

TravelPerk , the hyper-growth business travel management platform, today announces it has closed an additional $104m investment led by SoftBank Vision Fund 2 with significant participation from existing investors, including Kinnevik and Felix Capital.

Key Points: 
  • TravelPerk , the hyper-growth business travel management platform, today announces it has closed an additional $104m investment led by SoftBank Vision Fund 2 with significant participation from existing investors, including Kinnevik and Felix Capital.
  • Stephen Thorne, Investment Director for SoftBank Investment Advisers, will join the TravelPerk Board of Directors.
  • With this funding infusion, TravelPerk will increase investment into its platform, enhancing the customer experience through new inventory capabilities and launching new business travel services, as well as expanding product automation through AI.
  • Avi Meir, CEO and Co-Founder of TravelPerk, commented:
    “We have a clear focus: building the number 1 SaaS business travel platform for SMB and Mid-Tier companies in Europe and the US.

TravelPerk Secures over $100m in Funding Led by SoftBank Vision Fund 2 to Expand Hyper-Growth Business Travel Platform

Retrieved on: 
Tuesday, January 23, 2024

TravelPerk , the hyper-growth business travel management platform, today announces it has closed an additional $104m investment led by SoftBank Vision Fund 2 with significant participation from existing investors, including Kinnevik and Felix Capital.

Key Points: 
  • TravelPerk , the hyper-growth business travel management platform, today announces it has closed an additional $104m investment led by SoftBank Vision Fund 2 with significant participation from existing investors, including Kinnevik and Felix Capital.
  • Stephen Thorne, Investment Director for SoftBank Investment Advisers will join the TravelPerk Board of Directors.
  • With this funding infusion, TravelPerk will increase investment into its platform, enhancing the customer experience through new inventory capabilities and launching new business travel services, as well as expanding product automation through AI.
  • Avi Meir, CEO and Co-Founder of TravelPerk, commented:
    “We have a clear focus: building the number 1 SaaS business travel platform for SMB and Mid-Tier companies in Europe and the US.

Enveda Biosciences Announces Oversubscribed Series B1 Bringing Total Round to US$119 Million

Retrieved on: 
Thursday, April 20, 2023

Enveda Biosciences today announced that it has closed an additional $51 million equity financing to add to the $68 million Series B announced in December 2022.

Key Points: 
  • Enveda Biosciences today announced that it has closed an additional $51 million equity financing to add to the $68 million Series B announced in December 2022.
  • Kinnevik led the Series B1 round, which also included participation by new investor Henry R. Kravis, the Co-Founder and Co-Executive Chairman of KKR.
  • Enveda is a drug discovery and development company using the latest AI-powered technologies to uncover the ancient cache of medicines present in plants.
  • “We are leveraging Enveda’s unique computational strengths to link compound mechanisms to biomarker strategies, further maximizing the potential clinical success of these programs.”
    The closing of this Series B1 round brings the total capital that Enveda has raised to $175 million.

Mews closes $185 Million in fundraising to transform the hospitality industry for brands and their guests

Retrieved on: 
Thursday, December 15, 2022

AMSTERDAM and NEW YORK, Dec. 15, 2022 /PRNewswire/ -- Mews , a leader in hospitality technology, today announced it has closed its Series C round at $185 million.

Key Points: 
  • AMSTERDAM and NEW YORK, Dec. 15, 2022 /PRNewswire/ -- Mews , a leader in hospitality technology, today announced it has closed its Series C round at $185 million.
  • "Our mission is to transform the hospitality industry with cloud solutions that make hospitality more rewarding for everyone," said Matthijs Welle, CEO of Mews.
  • To learn more about the Mews Hospitality Cloud , visit: www.mews.com
    Mews is a leading platform for the new era of hospitality.
  • The Mews Hospitality Cloud is designed to streamline operations for modern hoteliers, transform the guest experience and create more profitable businesses.

Mews closes $185 Million in fundraising to transform the hospitality industry for brands and their guests

Retrieved on: 
Thursday, December 15, 2022

AMSTERDAM and NEW YORK, Dec. 15, 2022 /PRNewswire/ -- Mews , a leader in hospitality technology, today announced it has closed its Series C round at $185 million.

Key Points: 
  • AMSTERDAM and NEW YORK, Dec. 15, 2022 /PRNewswire/ -- Mews , a leader in hospitality technology, today announced it has closed its Series C round at $185 million.
  • "Our mission is to transform the hospitality industry with cloud solutions that make hospitality more rewarding for everyone," said Matthijs Welle, CEO of Mews.
  • To learn more about the Mews Hospitality Cloud , visit: www.mews.com
    Mews is a leading platform for the new era of hospitality.
  • The Mews Hospitality Cloud is designed to streamline operations for modern hoteliers, transform the guest experience and create more profitable businesses.

Sure Appoints Vic Russo as Chief Financial Officer

Retrieved on: 
Thursday, October 20, 2022

LOS ANGELES, Oct. 20, 2022 /PRNewswire/ -- Sure, the global insurance technology leader, today announced the appointment of Vic Russo as Chief Financial Officer (CFO). Russo is now the third C-level appointment for Sure in less than eight months and the first CFO in the history of the company. He will be responsible for overseeing all aspects of Sure's finance and accounting operations in support of the company's next phase of growth.

Key Points: 
  • LOS ANGELES, Oct. 20, 2022 /PRNewswire/ -- Sure, the global insurance technology leader, today announced the appointment of Vic Russo as Chief Financial Officer (CFO).
  • Russo is now the third C-level appointment for Sure in less than eight months and the first CFO in the history of the company.
  • In October of 2021, Sure raised its $100 million series C funding round led by Declaration Partners and Kinnevik.
  • Prior to joining Sure, Russo held the CFO role at two other SaaS companies, New York-based Reachdesk and Electric AI.