M1 Finance

Arc Raises $20 Million Series A Led By Left Lane To Build The Digital Bank For Software Startups

Retrieved on: 
Tuesday, August 16, 2022 - 1:00pm

Arc , the future of startup finance, today announced that it has closed a $20 million Series A financing round led by Left Lane Capital.

Key Points: 
  • Arc , the future of startup finance, today announced that it has closed a $20 million Series A financing round led by Left Lane Capital.
  • The company also announced that Dan Ahrens, Managing Partner at Left Lane Capital, will join its Board of Directors.
  • We are building the #1 digital bank for software startups, said Don Muir, Co-Founder and CEO of Arc.
  • This capital injection will help us build and scale Arc Treasury to meet the digital banking needs of a new generation of software-driven businesses.

Project Solar Raises $23 Million Series A to Expand its Low-Cost Digital Solar Offering

Retrieved on: 
Saturday, August 6, 2022 - 12:13am

Nationally, our customers see an average ROI of 18% in the first year," says Trevor Hiltbrand, CEO and Co-Founder of Project Solar.

Key Points: 
  • Nationally, our customers see an average ROI of 18% in the first year," says Trevor Hiltbrand, CEO and Co-Founder of Project Solar.
  • Project Solar sells at an average of $2.20/watt while the national average sale price for residential solar hovers around $3.90/watt (source NREL ).
  • "Solar has never been more attractive from an investment perspective, nor more needed from an environmental perspective," says Matthew Smith, President and Co-Founder of Project Solar.
  • Project Solar is on track to having 30 megawatts of solar installed this year, with the goal of installing 150 megawatts during 2023.

APFusion Raises $6.5 Million in Series Seed Financing Co-Led by Left Lane Capital & Bedrock Capital

Retrieved on: 
Wednesday, July 6, 2022 - 2:00pm

The round was co-led by Left Lane Capital and Bedrock Capital, with continued support from their existing investor, M25.

Key Points: 
  • The round was co-led by Left Lane Capital and Bedrock Capital, with continued support from their existing investor, M25.
  • The seed round follows a year of explosive growth for APFusion, whose year-to-date GMV has more than tripled.
  • APFusion is funded by Left Lane Capital, Bedrock Capital, and M25.
  • About Left Lane Capital: Left Lane Capital is a leading New York-based global venture capital firm investing in high-growth internet and consumer technology companies.

Left Lane Capital Closes Second Fund With $1.4 Billion for Internet & Consumer Tech

Retrieved on: 
Tuesday, April 26, 2022 - 12:00pm

NEW YORK, April 26, 2022 /PRNewswire/ -- Left Lane Capital, the New York-based venture capital firm founded in August 2019, today announced the final closing of its second fund, Left Lane Capital Partners II LP (Fund II), with $1.4 billion in commitments, exceeding its initial target of $1 billion. Within two years, Left Lane has raised over $2 billion of committed capital to invest in high-growth, high-retention internet and consumer technology businesses around the world.

Key Points: 
  • NEW YORK, April 26, 2022 /PRNewswire/ -- Left Lane Capital, the New York-based venture capital firm founded in August 2019, today announced the final closing of its second fund, Left Lane Capital Partners II LP (Fund II), with $1.4 billion in commitments, exceeding its initial target of $1 billion.
  • Within two years, Left Lane has raised over $2 billion of committed capital to invest in high-growth, high-retention internet and consumer technology businesses around the world.
  • Left Lane is led by four Managing Partners: Harley Miller, Dan Ahrens, Jason Fiedler, and Vinny Pujji, representing one of the youngest teams to raise a fund of this magnitude.
  • Left Lane Capital is a leading New York-based global venture capital firm investing in high-growth internet and consumer technology companies.

Left Lane Capital Closes Second Fund With $1.4 Billion for Internet & Consumer Tech

Retrieved on: 
Tuesday, April 26, 2022 - 12:00pm

NEW YORK, April 26, 2022 /PRNewswire/ -- Left Lane Capital, the New York-based venture capital firm founded in August 2019, today announced the final closing of its second fund, Left Lane Capital Partners II LP (Fund II), with $1.4 billion in commitments, exceeding its initial target of $1 billion. Within two years, Left Lane has raised over $2 billion of committed capital to invest in high-growth, high-retention internet and consumer technology businesses around the world.

Key Points: 
  • NEW YORK, April 26, 2022 /PRNewswire/ -- Left Lane Capital, the New York-based venture capital firm founded in August 2019, today announced the final closing of its second fund, Left Lane Capital Partners II LP (Fund II), with $1.4 billion in commitments, exceeding its initial target of $1 billion.
  • Within two years, Left Lane has raised over $2 billion of committed capital to invest in high-growth, high-retention internet and consumer technology businesses around the world.
  • Left Lane is led by four Managing Partners: Harley Miller, Dan Ahrens, Jason Fiedler, and Vinny Pujji, representing one of the youngest teams to raise a fund of this magnitude.
  • Left Lane Capital is a leading New York-based global venture capital firm investing in high-growth internet and consumer technology companies.

Salad.com Announces $17 Million Series A Funding Round to Pioneer Affordable Decentralized Cloud Computing Services

Retrieved on: 
Wednesday, April 20, 2022 - 2:19pm

SALT LAKE CITY, Utah, April 20, 2022 /PRNewswire/ -- Salad, a compute-sharing network where gamers and everyday people exchange idle compute resources for rewards, today announced a $17 million Series A funding round to scale its cloud infrastructure and develop a new enterprise vertical for Web3 innovators. The round was led by Left Lane Capital and Origin Ventures with participation from Kickstart Seed Fund, Royal Street Ventures and Carthona Capital.

Key Points: 
  • Salad has spent the past four years onboarding latent consumer-grade supply by incentivizing gamers to share computing resources, create a more equitable Internet, and power Salad's workload-agnostic cloud services platform.
  • To encourage user contributions that power various high-performance computing tasks, Salad offers network participants meaningful rewards based on the amount of resources shared.
  • This raise validates our mission to decentralize the cloud, and will make the world's largest computing resource accessible to thousands more cloud customers and businesses."
  • A new marketplace vertical will allow third-party enterprises to access and scale using Salad's affordable, computesharing-powered cloud services.

Reddit Names Tinuiti as First Independent Agency Partner

Retrieved on: 
Tuesday, February 15, 2022 - 2:10pm

NEW YORK, Feb. 15, 2022 /PRNewswire/ -- Tinuiti, the largest independent performance marketing firm across Streaming TV and the Triopoly of Google, Facebook, Amazon, today announced a partnership agreement with Reddit to become the platform's first independent agency partner.

Key Points: 
  • NEW YORK, Feb. 15, 2022 /PRNewswire/ -- Tinuiti, the largest independent performance marketing firm across Streaming TV and the Triopoly of Google, Facebook, Amazon, today announced a partnership agreement with Reddit to become the platform's first independent agency partner.
  • Tinuiti and Reddit have been working together to accelerate brand performance for Tinuiti clients since 2020.
  • Most recently, Tinuiti turned to Reddit for a unique opportunity to find qualified, investment-interested users, by way of Community Takeovers for M1 Finance .
  • Tinuiti has built strong relationships with all the major tech platforms as a charter member of the Amazon Advertising Agency Partner Network; Google Premier Partner (top 3% of all agencies) and International Growth Partner; Meta Premium Marketing Partner, Kochava Authorized Agency Partner and the first independent agency in the US to receive official TikTok Marketing accreditation.

Confluent and AWS Sign Agreement to Make it Easier to Stream Real-Time Data in the Cloud

Retrieved on: 
Thursday, January 27, 2022 - 2:00pm

Under this five-year agreement, Confluent and AWS have committed to joint go-to-market initiatives to help organizations accelerate their cloud adoption journey with real-time data.

Key Points: 
  • Under this five-year agreement, Confluent and AWS have committed to joint go-to-market initiatives to help organizations accelerate their cloud adoption journey with real-time data.
  • Our expanded strategic collaboration allows customers to migrate real-time streaming data workloads to the cloud faster with Confluent Cloud on AWS.
  • The deepened relationship between Confluent and AWS will help organizations power their AWS services with real-time data to unlock rich customer experiences and improve backend operations.
  • "We have built change data capture by connecting to AWS database service, and placed Confluent Cloud at the center of our service data pipeline."

Leading Crypto IRA Software Platform iTrustCapital Secures $125 Million in Series A Round Led by NYC-Based Left Lane Capital

Retrieved on: 
Wednesday, January 19, 2022 - 2:00pm

"We are thrilled to complete our Series A with Left Lane Capital," said iTrustCapital CEO Todd Southwick.

Key Points: 
  • "We are thrilled to complete our Series A with Left Lane Capital," said iTrustCapital CEO Todd Southwick.
  • "We were impressed by iTrustCapital's lean, focused approach, world-class management team, significant revenue growth, and strong reputation in the crypto IRA ecosystem.
  • Left Lane Capital is a leading New York-based global growth-equity firm investing in high-growth internet and consumer technology companies.
  • iTrustCapital is the #1 Crypto IRA software platform in America that allows clients to transact in cryptocurrencies with the tax advantages of their IRA.

Long-Term Investors More Likely to Feel Financially Free Than Short-Term Investors, New M1 Finance Survey Finds

Retrieved on: 
Wednesday, January 5, 2022 - 12:30pm

Those in a state of financial survival are more likely to invest in alternative assets, including more volatile asset classes like cryptocurrency.

Key Points: 
  • Those in a state of financial survival are more likely to invest in alternative assets, including more volatile asset classes like cryptocurrency.
  • Those in a state of financial survival are twice as likely to invest in art or collectibles (20%) in the next 12 months as the financially free (10%).
  • This M1 Finance survey was conducted by ENGINE Caravan among retail investors in the United States with at least $10,000 USD in investable assets.
  • M1 Finance, The Finance Super App, helps people manage and grow their money with control and automation for free.