August Capital

PayNearMe Secures $45M in Series D Funding, Accelerating Payments Innovation and Market Expansion

Retrieved on:

Thursday, June 1, 2023

August Capital, Investment, Growth, DN Capital, QIC, Queensland Investment Corporation, Cryptocurrency

SANTA CLARA, Calif., June 1, 2023 /PRNewswire-PRWeb/ -- PayNearMe, a fast-growing fintech company radically improving the consumer payment experience, today announced it has closed $45M in Series D funding led by Queensland Investment Corporation (QIC), with participation from True Ventures, Costanoa Ventures, August Capital, DNS Capital, Invicta Management and H. Barton Asset Management.

Key Points:

PayNearMe will use the funds to accelerate its growth, further develop its innovative payments platform, and create even more data-driven value for its clients.
"Payments data is the next emerging opportunity for businesses, and PayNearMe is enabling its clients to access that data and leverage it as a strategic asset.
With access to data, PayNearMe clients can create hyper-personalized experiences for their customers, increase operational efficiency and uncover new revenue streams.
PayNearMe is focused on creating more value for its clients and partners, while expanding its offering into new vertical markets.

Healthcare Administrative Hub, Dock Health, Secures $5M in Funding Led by MassMutual with Participation from DaVita Venture Group and August Capital

Retrieved on:

Thursday, May 25, 2023

Dock Health, Inc., the administrative hub for healthcare professionals, today announced $5 million in funding led by MassMutual through its MM Catalyst Fund (MMCF) with participation from DaVita Venture Group and initial seed investor, August Capital.

Key Points:

Dock Health, Inc., the administrative hub for healthcare professionals, today announced $5 million in funding led by MassMutual through its MM Catalyst Fund (MMCF) with participation from DaVita Venture Group and initial seed investor, August Capital.
View the full release here: https://www.businesswire.com/news/home/20230525005254/en/
Dock Health: HIPAA-compliant task management and workflow automation together in the only administrative hub for healthcare.
Administrative best practices community: Thousands of healthcare providers use Dock every day to help keep healthcare moving forward.
Dock Health is a HIPAA-compliant workflow management platform “For The Other Half Of Healthcare” -- the administrative side of care delivery.

Newly Launched August Capital Connects Exceptional Private Investment Managers with Canadian Institutional Capital

Retrieved on:

Thursday, March 9, 2023

Boston Consulting Group, Equity, Private equity, August Capital, Capital, Cryptocurrency, Financial services

TORONTO, March 9, 2023 /CNW/ - Canada has a deep pool of institutional capital, but one that has historically been difficult for private investment managers to reach when building institutional partnerships.

Key Points:

TORONTO, March 9, 2023 /CNW/ - Canada has a deep pool of institutional capital, but one that has historically been difficult for private investment managers to reach when building institutional partnerships.
Newly launched August Capital bridges that gap by connecting exceptional private investment managers with a trusted network of Canadian institutional capital, creating long-term relationships through a customized, strategic approach.
The firm works with top-tier global investment managers in private asset classes who prioritize an ethical approach to investment and demonstrate exceptional track records and deep sector expertise.
Prior to launching August Capital, Ms. Fasken was Managing Director, Co-Head Capital Raising at a $15 billion private equity firm, where she was directly responsible for global institutional capital raising with direct coverage of Canadian institutional capital.

Donovan & Bank Foundation Announces New Board of Advisors

Retrieved on:

Monday, January 9, 2023

They also help Special Operators cope with the physiological and psychological wear and tear of a life in the Special Forces.

Key Points:

They also help Special Operators cope with the physiological and psychological wear and tear of a life in the Special Forces.
The new Board of Advisors promises to bring expertise and networks to amplify and accelerate the Foundation's ever-growing impact.
The Board of Advisors represents a wide spectrum of expertise from across the Nation:
Jon Loew, President and CEO of Big Media Holdings.
According to Jon Loew, the Board President, the focus of the Board of Advisors for the next 12 months will be fundraising.

Vetted by TransUnion, Spring Labs Launches TrueZero to Transform the Exchange of Sensitive Data

Retrieved on:

Monday, November 21, 2022

TRU, Privacy, PII, DEL, PCI, GDPR, Consumer, Software as a service, August Capital, NYSE, TransUnion, Entrepreneurship, Cryptocurrency, Online shopping

We created Spring Labs with the mission to transform for the exchange of sensitive information and to enable businesses and their customers to retain control of their data.

Key Points:

We created Spring Labs with the mission to transform for the exchange of sensitive information and to enable businesses and their customers to retain control of their data.
Unlike other tokenization services, TrueZero never sees or duplicates businesss sensitive cardholder data or PII, enabling those businesses to retain complete control over their data.
Spring Labs helps businesses securely store and share sensitive data without revealing personal identifiable information (PII) with patented, ultra-secure cryptography and tokenization solutions.
Spring Labs tokenization solutions are leveraged by leading financial institutions to support a variety of data exchange, data minimization, and PCI compliance use cases.

PatientIQ Raises $20M to Transform Patient Outcomes Data into Actionable Intelligence that Advances Clinical Care

Retrieved on:

Thursday, May 12, 2022

CHICAGO, May 12, 2022 /PRNewswire-PRWeb/ -- PatientIQ, a leading healthcare technology company deriving actionable insights from patient outcomes data at scale, announced today it has secured $20 million in Series B funding. The funding round was led by Health Enterprise Partners (HEP), a growth equity firm whose investors include some of the largest health systems and health plans in the United States. August Capital, an early financier of PatientIQ, also participated in this funding round.

Key Points:

HEP's investment will help advance PatientIQ's mission of driving medicine forward through the systemic collection and analysis of patient outcomes data.
Specifically, the company will leverage the investment to further enhance its industry-leading patient outcomes platform and accelerate its expansion in the provider and real-world evidence markets.
PatientIQ is the healthcare technology partner for deriving actionable insights from patient outcomes data.
PatientIQ has demonstrated years of experience and a superior ability to transform patient outcomes into actionable intelligence.

GitLab Announces Departure of David Hornik From Board Of Directors

Retrieved on:

Thursday, March 24, 2022

SAN FRANCISCO, March 24, 2022 (GLOBE NEWSWIRE) -- All-Remote - GitLab Inc. (NASDAQ: GTLB), The DevOps Platform, announced today the resignation of August Capital General Partner and Lobby Capital Founding Partner, David Hornik, from the GitLab Inc.s Board of Directors and Audit Committee.

Key Points:

SAN FRANCISCO, March 24, 2022 (GLOBE NEWSWIRE) -- All-Remote - GitLab Inc. (NASDAQ: GTLB), The DevOps Platform, announced today the resignation of August Capital General Partner and Lobby Capital Founding Partner, David Hornik, from the GitLab Inc.s Board of Directors and Audit Committee.
On behalf of the Board of Directors and the Company, I want to thank David for his guidance, said Sid Sijbrandij, co-founder, CEO, and chair of GitLab Inc.s Board of Directors.
Although I have decided not to stand for re-election of my board seat, I will continue to cheer on GitLab and Sid.
I want to thank David for his dedication and counsel made in support of GitLabs Board and wish him well, said Godfrey Sullivan, GitLab Board Member and Lead Independent Director.

Kin Announces $82M First Close in Series D Financing

Retrieved on:

Tuesday, March 1, 2022

Residential Building & Real Estate, Construction & Property, Professional Services, Insurance, Weather, Climate change, Industry, Climate, KIN, QED, AAA Insurance 200, August Capital, Environment, Algorithm, Technology, Insurance, Financial services

Kin Insurance, the direct-to-consumer home insurance company built for every new normal, today announced the $82 million first close of its Series D round, with additional commitments for a second close totaling $18 million.

Key Points:

Kin Insurance, the direct-to-consumer home insurance company built for every new normal, today announced the $82 million first close of its Series D round, with additional commitments for a second close totaling $18 million.
Kin had raised $133 million in equity funding prior to this round, which comes on the heels of Kins explosive growth in 2021 .
This capital will allow Kin to be even more ambitious, expanding their offerings and growing to serve millions of households.
Kin offers homeowners, landlord, condo, and mobile home insurance through the Kin Interinsurance Network (KIN), a reciprocal exchange owned by its customers who share in the underwriting profit.

Spring Labs and TransUnion Bring Credit Data to Public Blockchain Networks for The First Time

Retrieved on:

Wednesday, January 12, 2022

MARINA DEL RAY, Calif., Jan. 12, 2022 (GLOBE NEWSWIRE) -- For the first time ever, off-chain credit data from TransUnion, a global information and insights company, will be made available on public blockchain networks via Spring Labs ky0x Digital Passport.

Key Points:

MARINA DEL RAY, Calif., Jan. 12, 2022 (GLOBE NEWSWIRE) -- For the first time ever, off-chain credit data from TransUnion, a global information and insights company, will be made available on public blockchain networks via Spring Labs ky0x Digital Passport.
By making credit data - widely accepted as the standard to assess credit risk in traditional finance - available on-chain, Spring Labs is kick-starting its revolutionary ky0x Digital Passport identity system.
KYC/AML, credit) data on public blockchain that preserves the users privacy and anonymity.
- John Sun, CEO of Spring Labs
In addition to credit data, the ky0x Digital Passport enables any Web3 application or smart contract to access off-chain identity and compliance information.

Fletch Officially Launches Out of Beta, With Their First Two Security Offerings Available for Free

Retrieved on:

Wednesday, October 6, 2021

"We built Splunk for the sake of making machine data accessible think Google for machine data," said Erik Swan, co-founder of Splunk and Fletch Board Member.

Key Points:

"We built Splunk for the sake of making machine data accessible think Google for machine data," said Erik Swan, co-founder of Splunk and Fletch Board Member.
"When I look at Fletch, I see a company who is taking that mission to even more radical conventions of modern interfaces.
The next generation needs to get answers as easily as they get Instagram updates, and Fletch is pioneering that vision."
Fletch does this by correlating emerging cyber threats with the data generated by a company's vulnerability and endpoint solutions.