Trunk Club

Provi Welcomes Seasoned Chief Financial Officer to Drive Organizational Strategy Forward

Retrieved on: 
Tuesday, March 12, 2024

Provi , the largest online marketplace for the beverage alcohol industry, today announced the appointment of Kevin Price as its Chief Financial Officer (CFO).

Key Points: 
  • Provi , the largest online marketplace for the beverage alcohol industry, today announced the appointment of Kevin Price as its Chief Financial Officer (CFO).
  • With a proven track record of success and extensive experience in financial operations and strategy, Price brings a wealth of expertise to Provi.
  • Prior to that he was Co-Founder and CFO at Trunk Club, ushering the company to its acquisition by Nordstrom in 2017 for $350M.
  • Founded in 2016, Provi develops digital and publishing solutions that connect each tier across the beverage alcohol industry.

U.S. Venture Partners Raises $400M Early-Stage Venture Capital Fund

Retrieved on: 
Wednesday, December 14, 2022

U.S. Venture Partners (USVP), a premier Silicon Valley venture capital firm, announced today the closing of USVP XIII, a $400M fund focused on Series A and B investments.

Key Points: 
  • U.S. Venture Partners (USVP), a premier Silicon Valley venture capital firm, announced today the closing of USVP XIII, a $400M fund focused on Series A and B investments.
  • The new fund continues USVPs successful early-stage investment franchise, building leading companies in cybersecurity, enterprise software, consumer and healthcare.
  • 2022 will mark the eleventh consecutive year in which USVP distributions to limited partners exceeded called capital.
  • U.S. Venture Partners (USVP) is a leading Silicon Valley venture capital firm, partnering with entrepreneurs to transform their ideas into world-changing companies.

SecuriThings Closes $21 Million to Automate the Management of Enterprise Physical Security Devices

Retrieved on: 
Thursday, October 13, 2022

TEL AVIV, Israel, Oct. 13, 2022 /PRNewswire/ -- SecuriThings today announced it has raised a $21 million Series B funding round led by U.S. Venture Partners (USVP) and participation from Swisscom Ventures, bringing the company's total amount raised to $39 million. Existing investors Aleph, Firstime VC and Cresson Management also participated in the round.

Key Points: 
  • SecuriThings is redefining the way organizations manage and secure physical security devices at scale, helping physical security teams ensure device performance while reducing costs.
  • The volume and complexity of managing all these devices is incredibly challenging," said Roy Dagan, CEO of SecuriThings.
  • We're thrilled to be on their growth journey as SecuriThings becomes the de facto platform for managing physical security operations across organizations worldwide."
  • Founded by leading security and IoT experts, SecuriThings empowers operations and IT professionals to automate the operational management of physical security devices, while also ensuring full compliance and security within their organization.

Commerce Data Platform Klover Taps Colette Freeman as Chief People & Administrative Officer

Retrieved on: 
Tuesday, July 12, 2022

CHICAGO, July 12, 2022 /PRNewswire/ -- Klover, a leading fintech and data platform co-founded by CEO Brian Mandelbaum & CTO Dominic Bennett that is democratizing access to modern financial services by leveraging consumers' permissioned data, today announced that they have hired Colette Freeman as the new Chief People & Administrative Officer. The appointment comes as the company continues its upward momentum by expanding its executive leadership and employee base, including new hires from Pinterest, Twitter, Numerator, Varo and Google.

Key Points: 
  • CHICAGO, July 12, 2022 /PRNewswire/ -- Klover , a leading fintech and data platform co-founded by CEO Brian Mandelbaum & CTO Dominic Bennett that is democratizing access to modern financial services by leveraging consumers' permissioned data, today announced that they have hired Colette Freeman as the new Chief People & Administrative Officer.
  • In her new role, Freeman will manage the company's talent operations, further develop the company's HR strategy and DE&I initiatives, and bolster recruitment efforts.
  • "Colette holds an impressive portfolio of dedicated leadership and proven strategic success launching start-ups and leading high-growth companies," said Mandelbaum.
  • Previously, Freeman held the position of Chief People Officer at Tempus Labs, Inc. where she was responsible for leading the expansion of its hybrid workforce of over 2,000 employees.

Starting Line Adds Scott Holloway as General Partner to Invest In 99% Ideas For Everyday Americans

Retrieved on: 
Tuesday, July 12, 2022

CHICAGO, July 12, 2022 /PRNewswire/ -- Starting Line, an early stage Venture Capital Fund investing in consumer startups that are focused on democratizing access to technologies, products, and experiences for the 99% of Americans, is proud to announce the addition of Scott Holloway as a General Partner after an 18 month stint as Venture Partner. Holloway joins firm founder Ezra Galston, and early Trunk Club employee Haley Kwait Zollo as General Partners, alongside Venture Partner Ade Olonoh, founder of Formstack and Formspring. Starting Line launched its $30M Fund II in November 2020, following its $17M debut Fund I in November 2019. The firm has led early seed investments into numerous fast growing startups such as Cameo, Klover, Soona, Made In Cookware, Protégé, Unchained Capital, and more.

Key Points: 
  • Holloway joins firm founder Ezra Galston, and early Trunk Club employee Haley Kwait Zollo as General Partners, alongside Venture Partner Ade Olonoh, founder of Formstack and Formspring.
  • Starting Line launched its $30M Fund II in November 2020, following its $17M debut Fund I in November 2019.
  • After 6 years in leadership roles at Instacart, Holloway moved to Flexport where he managed their 200-person Chicago and Dallas offices and served as General Manager.
  • "Scott has always approached operating, investing, and relationship building with a long term outlook and that is a perfect fit with the generational firm we are building at Starting Line."

Uptake Appoints Linda Bartman as President

Retrieved on: 
Tuesday, March 22, 2022

CHICAGO, March 22, 2022 /PRNewswire/ -- Uptake , a leader in industrial intelligence software-as-a-service (SaaS), announced today the appointment of its Chief Operating Officer, Linda Bartman, to the role of President.

Key Points: 
  • CHICAGO, March 22, 2022 /PRNewswire/ -- Uptake , a leader in industrial intelligence software-as-a-service (SaaS), announced today the appointment of its Chief Operating Officer, Linda Bartman, to the role of President.
  • As President, Bartman will be responsible for operations and the growth of the organization to meet increased customer demand.
  • "For over fifteen years, Linda has led and provided strategic oversight for technology organizations to scale," said Kayne Grau, CEO, Uptake.
  • Since Bartman was named COO in January 2021 , Uptake has widened its customer base in the asset-intensive industries.

Qurate Retail Group Announces Digital Retail Veteran Terry Boyle as President & CEO of Zulily

Retrieved on: 
Monday, March 14, 2022

WEST CHESTER, Pa, March 14, 2022 /PRNewswire/ -- Today, Qurate Retail, Inc. President and CEO David L. Rawlinson II announced the appointment of Terry Boyle as President & CEO of Zulily effective March 14, 2022.

Key Points: 
  • WEST CHESTER, Pa, March 14, 2022 /PRNewswire/ -- Today, Qurate Retail, Inc. President and CEO David L. Rawlinson II announced the appointment of Terry Boyle as President & CEO of Zulily effective March 14, 2022.
  • "Terry brings a blend of deep retail, brand and ecommerce experience, a track record of driving growth, and entrepreneurial instincts.
  • Qurate Retail Group combines shopping and entertainment to curate products, experiences, conversations and communities for millions of highly discerning shoppers.
  • Qurate Retail, Inc. (NASDAQ: QRTEA, QRTEB, QRTEP) includes the Qurate Retail Group portfolio of brands as well as other minority interests and green energy investments.

Kryptowire Receives Growth Investment from USVP and Crosslink Capital

Retrieved on: 
Wednesday, February 16, 2022

MCLEAN, Va., Feb. 16, 2022 /PRNewswire/ -- Kryptowire Inc., a mobile security and privacy solutions company, today announced a growth investment led by US Venture Partners (USVP), with participation from Crosslink Capital. The new funding will be used to accelerate the adoption of intrusion-free mobile security into targeted verticals – including healthcare, financial services and education – and support further product development.

Key Points: 
  • MCLEAN, Va., Feb. 16, 2022 /PRNewswire/ -- Kryptowire Inc., a mobile security and privacy solutions company, today announced a growth investment led by US Venture Partners (USVP), with participation from Crosslink Capital.
  • In 2021 alone, Kryptowire scanned over 3 billion lines of code across 70,000 applications, discovering over 500 vulnerabilities affecting approximately 2 billion devices.
  • Founded in 2011, Kryptowire developed and launched its Mobile Application Security Testing (MAST) service, leveraging its military-grade proprietary analysis engine.
  • U.S. Venture Partners (USVP) is a leading Silicon Valley venture capital firm, partnering with entrepreneurs to transform their ideas into world-changing companies.

Amplify Raises $12M Investment for Life Insurance Investment Platform

Retrieved on: 
Tuesday, January 18, 2022

SAN FRANCISCO, Jan. 18, 2022 /PRNewswire/ -- Amplify Life Insurance , a digital life insurance platform focused on helping customers build wealth through permanent life insurance, announced today it has raised $12M in Series A funding co-led by Greycroft and Crosslink Capital.

Key Points: 
  • SAN FRANCISCO, Jan. 18, 2022 /PRNewswire/ -- Amplify Life Insurance , a digital life insurance platform focused on helping customers build wealth through permanent life insurance, announced today it has raised $12M in Series A funding co-led by Greycroft and Crosslink Capital.
  • With built-in capabilities for expedited underwriting and policy delivery, most Amplify customers are able to get a life insurance investment policy within days and without a medical exam.
  • Since launching their customer-facing platform in 2020, Amplify has been growing over 400% Y-O-Y and has helped thousands of customers with a life insurance investment plan.
  • Amplify is the first digital permanent life insurance platform offering customers direct access to products where you access tax-efficient investment returns and obtain lifelong protection.

AmplifAI Closes $18.5M Series A to Empower Employee-Centric Enterprises, led by Greycroft

Retrieved on: 
Tuesday, October 12, 2021

The Series A funding round is allocated into $12.5 million of equity funding and $6 million in venture debt from Comerica Bank.

Key Points: 
  • The Series A funding round is allocated into $12.5 million of equity funding and $6 million in venture debt from Comerica Bank.
  • View the full release here: https://www.businesswire.com/news/home/20211012005271/en/
    Sean Minter, founder and CEO of AmplifAI.
  • We created the category of AI-powered people enablement and continue to prioritize continuous improvement and innovation to maintain our industry leadership, AmplifAI founder and CEO Sean Minter said.
  • Over the last 12 months, AmplifAI has grown its paid user base by 10x while winning worldwide RFPs from Fortune 20-sized enterprises.